POLL! WHAT FACTOR DO YOU USE TO DETERMINE A WORTHY ICO TO PURCHASE? DATA COLLECT

[Firetoken.io]

I love to listen and read on web for reviews from all these great people like Michael Suppo and IAN Balina.They always give good reviews on new ICOs

Yes, we are considering sending a few reputable influencers a personalized message requesting a review for our platform. We also will produce a video with the hope that visual explanation will better capture people's attention.

[Firetoken.io]

According to a recent study by FireToken's scientific polling system, data suggested that 4% of bitcointalk users will buy and hodl anything for lambo, bro  

[KalaiBTC]

Thank you for your input. Your opinion will help build the foundation for a better community. 

I don’t usually invest in ICO’s as its hard to find a good one nowadays between all the scams are frauds that are happening in the crypto market. Although, if I were to invest in any ICO, the key features I will look for will be :
1.   Team profile.
2.   High utility.
3.   Clear concept.
It’s better to check these points before pouring money into an ICO, to avoid investing your money into fake or scam ICO’s.

[Firetoken.io]

Thank you for your input. Your opinion will help build the foundation for a better community. 

I don’t usually invest in ICO’s as its hard to find a good one nowadays between all the scams are frauds that are happening in the crypto market. Although, if I were to invest in any ICO, the key features I will look for will be :
1.   Team profile.
2.   High utility.
3.   Clear concept.
It’s better to check these points before pouring money into an ICO, to avoid investing your money into fake or scam ICO’s.

Yes we agreed 100% with you regarding the current state of the ICO market, with most if not all the anonymous investment platforms ran off with your investment money. However we disagree that team profile should be place on the top of the priority list when it comes to deciding on ICO purchase, as there has been more than a few cases of ICO fraud with clear and presentable team profile. (REcoin, PlexCorps, Arisebank...)

Bitcoin's success has absolutely nothing to do with its team profile, but rather the support of the community due to its decentralized nature and the ideology it brings on the table. As we can clearly see the result from our poll, collected from Bitcointalk community itself above, we can atleast come to this conclusion:

*If an ICO does not have a minimum viable product that can produce actual productivity to sustain the platform, then atleast its concept has to reasonably explain how it going to generate productivity and earn enough revenue to pay investors.

*If any ICO is banking on a "trading bot" or "market analysist signals" or "magical unicorn which poops out rainbows that moon 3x in value within first month, then 10x within second month and save the world at the end of the year" then we should take those as flags and consider the risk over reward.

*A coin utility is greatly depended on its community, there can only be so much initial uses the developing team can squeeze in it. As long as more people agree that it is useful, more utility will be added to the coin itself by its community.

[bitgolden]

You created a very good poll. I like it. It is a pity that now there are practically no projects that have a working product and utility for the society. As I see from the survey, this is a fundamental point for investment.

Not all projects in the crypto market hold utility and have definite purpose I can agree on that, still there are many good ICO’s that are launching which are trying to connect the outside world problems with blockchain technology and trying to provide solution for them.

Recently an ICO called ONT was launched on the platform of NEO and as far as I have done research, ONT has some real utility in the market of connecting the outside world information to blockchain in order to maintain records and provide security against them. It’s better to invest in projects with utility, cause only in them you will see development in future.

[jostorres]

it is worth if they can run a successfull campaign,
most ICOs created just for fun and collecting other people money without a lot of effort.
which mean they did not hire an expert on their fields,that is why we could see a lot of crap design on their website and campaign.
after that we should know what is their goal,vision and mindset.
lastly their product and progress.

remember it very well,even a company with an existing product can scam you out.
how about other project who do not have it at all ?

Indeed. Successful campaigns are necessary before the launching of an ICO to help promote the token and gain attention from community. Promotion is as important as its important for a token to have some utility. Even if a project has great team, high utility and clear vision, it’s of no use if not promoted properly and people don’t come to know about it. From the perspective of development and raising fund for the projects it’s highly necessary to arrange successful campaigns and stay in touch with the community.

[KEPLER99]

I think more and more ICOs are under scrutiny nowadays because a lot of them are scams. People are now more observant and everything.

Indeed. Finding a legit and good ICO nowadays is like finding a needle in bunch of haystacks. Many people have lost money in ICO’s that were either scam or didn’t succeed in what they had promised. So, nowadays people are being more careful and are doing research before investing. Governments all over the countries are also trying to set up regulation for launching of ICO’s.

[Firetoken.io]

I think more and more ICOs are under scrutiny nowadays because a lot of them are scams. People are now more observant and everything.

Indeed. Finding a legit and good ICO nowadays is like finding a needle in bunch of haystacks. Many people have lost money in ICO’s that were either scam or didn’t succeed in what they had promised. So, nowadays people are being more careful and are doing research before investing. Governments all over the countries are also trying to set up regulation for launching of ICO’s.

Yes nowadays it is very hard to find a good ICO project to invest in, that's why we are going to rely on our voting system and the opinion from our community to help us determine which ICO may be a good purchase. Through collective knowledge we believe it will helps us make a better investment choice.

[Firetoken.io]

Please join our Public Discussion Board on Telegram and help improving our community. With our members input, we can improve and build a better platform together.
https://t.me/firetokencommunity

[Firetoken.io]

We are offering a new promotion on our telegram group for the first 500 members to join, you will receive 25 free tokens simply by being early adopters to our platform and participating in our discussion board.

Join us now at https://t.me/firetokencommunity

[PinkFox]

Seems that all the replies are fake here, nobody actually picked any of the poll selections.

[Firetoken.io]

Hello,

We have 12 votes. I know that's not a lot, but we are collecting data and we'll take what is given. We're looking for input from our community, but because we are relatively new on the market the responds have not been as much as we would like. But we are here to answer any questions you may have and to collect as much data as possible to build and improve ourselves. Your honest input will be tremendously appreciated.