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Author Topic: What would make you trust an ICO?  (Read 941 times)
Jonsnowstark
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April 10, 2018, 02:29:00 PM
 #21

Before i join an ico, i read the whitepaper first and foremost. It is very important to know what the project is all about. I also read about feedbacks or reviews. I also take note of the people behind the ico. It pays a lot to know who are working behind a project. It helps you gauge whether the ico will be a.success or not.

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April 10, 2018, 02:30:05 PM
 #22

Trusting ico Nowdays is like gambling even high ratings ico ending with nothing, promotions and fomo is main reason to buy an ico, like look those which are promoted by mcafee but if you have great project it automatically will become a part of game.
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April 10, 2018, 02:42:53 PM
 #23

Things I consider that made me trust some icos here and now is first the project itself, the sustainability prowess possessed by the team's idea and its long team relevance. Second I consider the community's support given to the ICO. Thereafter I also consider how much transparency and competent the team have. From this I can even measure my self the probability of the success of any ICO.
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April 10, 2018, 02:48:45 PM
 #24

It might depend on person to person as different people have different opinions about a thing. I would require much information about the ICO before trusting. I would personally make a thorough research on the ICO, it's project, it's team and the one who is leading it. If everything seems right only then I would proceed further and see how well it is doing in the current market. If it receives good response from the public then I will think of whether to invest in the ICO or not.

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kryptqnick
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April 10, 2018, 02:56:19 PM
 #25

I think that a trustworthy ICO should have a nice website with some introductory video, whitepaper, roadmap, normal team (experienced and/or educated properly), and an original idea. The token distribution should not let the team and investing companies take the control package of coins, so that the price is not manipulated. It would also really help if ICO had a rich famous partner.
For me it is easy to trust if you can see a good result as well as a good feedback.
Well, the thing is that feedback usually appears after the ico stage, when the project does and doesn't make it to the market. What we can see before is only some general attitude of people to the ico, their expectations and beliefs. Now, that is not a very trustworthy thing.
Before I could trust an ICO, there must be a regulatory authority that governs the affairs of all ICO, which means every ICO must have registered and pass through the thoroughly screening from the authority, by then I'll trust ICO.
That is pretty fair, but even if the government checks the projects for you and declines potential scam, the system cannot be working 100% and even if you invest in an ICO which is not going to scam people it still doesn't mean that you will not lose your money.

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KrisM89
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April 10, 2018, 05:04:27 PM
 #26

Transparency absolutely. Well defined with a trustworthy seeming team and steady updates and pr. I think the more open the avenues of communication, the more trust I feel like I'm building with them.

I agree, I think the Team is one of the most crucial aspects. It's well known that even the best ideas can fail without the right team. Also, if I see reputable people willing to sign their names (and stake their reputation) on an ICO, its another guarantee of trustworthiness (not a guarantee of success/returns/whatever metric of success, simply that it is probably not a scam)

It's actually quite surprising and refreshing - there are some big names out there getting involved with ICOs. I hope this can help weed out the crap ones.
Guryon_master
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April 10, 2018, 05:19:47 PM
 #27

Hi all,
I am part of the Maxdata.io team.
As part of an ICO marketing team - you always strive to show your ICO in the most transparent and candid way possible.
So I decided to ask you the community - What would make you trust an ICO?

All answers will be highly appreciated!

Thanks
GL:HF



As a bounty hunter I'd been in a campaign which was not paid me and after that experience I learned to find take a look first the community, the bounty manager and the team, last is the white paper because I believe that without the first three this is nothing even it shows greatness.

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Maxdata (OP)
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April 10, 2018, 05:25:53 PM
 #28

Thanks all for your elaborated comments!
Who would you consider a "big name"? For example, one of our advisors is a VP at Wix.com, another was former director of one of the biggest baanks in Israel. Would highlighting their role in the project help 'make our case'?
Maxdata (OP)
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April 10, 2018, 05:27:08 PM
 #29

Hi all,
I am part of the Maxdata.io team.
As part of an ICO marketing team - you always strive to show your ICO in the most transparent and candid way possible.
So I decided to ask you the community - What would make you trust an ICO?

All answers will be highly appreciated!

Thanks
GL:HF



As a bounty hunter I'd been in a campaign which was not paid me and after that experience I learned to find take a look first the community, the bounty manager and the team, last is the white paper because I believe that without the first three this is nothing even it shows greatness.

Still looking for bounties? Talk to me.
I won`t run promise , I am too old for running already Smiley
KrisM89
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April 10, 2018, 05:32:42 PM
 #30

Thanks all for your elaborated comments!
Who would you consider a "big name"? For example, one of our advisors is a VP at Wix.com, another was former director of one of the biggest baanks in Israel. Would highlighting their role in the project help 'make our case'?

Of course, someone with insider experience/know how of both the biz side as well as hi tech - seems like the type of person to trust in such situations. (Even though Wix sponsor Man City -  a fact I'd rather look over as a gooner  Cheesy)

Paul karet
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April 10, 2018, 05:42:11 PM
 #31

Hi all,
I am part of the Maxdata.io team.
As part of an ICO marketing team - you always strive to show your ICO in the most transparent and candid way possible.
So I decided to ask you the community - What would make you trust an ICO?

All answers will be highly appreciated!

Thanks
GL:HF



trusting ICO is very difficult. because ICO rating can still be in engineering. maybe if I own more trust ICO if from Team always ready to serve all component. Especially for Investors.
Hui8
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April 10, 2018, 05:56:19 PM
 #32

Hi all,
I am part of the Maxdata.io team.
As part of an ICO marketing team - you always strive to show your ICO in the most transparent and candid way possible.
So I decided to ask you the community - What would make you trust an ICO?

All answers will be highly appreciated!

Thanks
GL:HF

If I am connected with admins all the time and they are telling us the truth beyond the project development then I am pretty sure that it will gain me some confidence about the project as long as it is in line with the roadmap. Also, if the project is having the working model then it could be worth trusting it as they will have half of the work done already and what we will need to do is just look out for their marketing strategies. Hopefully if they come up with extensive way of marketing then im sure we can trust such ICO's too. So these are the two major factors that will make me trust it a lot.
haroldtee
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April 10, 2018, 05:57:03 PM
 #33

Great and experienced team, ready made product and a very usable one that would drive in a lot of demand in the future. With these two most especially in place, every other thing is just minimal as this guarantees the possibility of an ICO being successful in the long run and not ending up as scam as well.

Thanks all for your elaborated comments!
Who would you consider a "big name"? For example, one of our advisors is a VP at Wix.com, another was former director of one of the biggest baanks in Israel. Would highlighting their role in the project help 'make our case'?

Highlighting their role will sure help build a strong interest for your ICO based on their past achievements and how they have been able to impart in the cryptocurrency world and a good advisor would not want to be supporting a shit coin anyway. However and personally, I do not put all my trust in just the big names - advisors, as I believe any good project still balls down on the devs/team and if they really do not look like one I can count on for a great future for the project or the development of the available product, then it is a big NO for me.
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April 10, 2018, 05:58:38 PM
 #34

When they have a great experienced team and clear informative white paper with clear vision , you should do your homework first then go with it Smiley
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April 10, 2018, 06:04:58 PM
 #35

Think you can out-troll our community managers? Hit us on our Telegram channel with any questions, comments or smart-ass pointers.
Our Telegram channel awaits >https://t.me/maxdata
Master Carnegie
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April 10, 2018, 06:15:43 PM
 #36

There are several ICOs being released daily, which equals thousands each year, some will be similar, and some products are not as important. With so many sales of tokens flooding the market, it can be difficult to separate the good from the bad ones without having to do an in-depth and time-consuming analysis on the ICOs individually and their target market.
This analysis will include the team behind the project, information about ICO itself, how the product is presented and how it is marketed, it is important that the profiles of the team members are easily accessible and a sufficient amount of information should be disclosed on each individual.
ICO information must be clearly visible and available, pre-sales start and end dates, and official ICO, how individuals can purchase the collective purchase, and which currencies are accepted. Observe social networks and the opinion of specialists.
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April 10, 2018, 06:16:22 PM
 #37

The roadmap and the team. But i have to trust team members first.
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April 10, 2018, 06:22:01 PM
 #38

All comments,news and crew, behind of the project. These days there are more scam. You should think twice to join a ICO.

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April 10, 2018, 06:25:04 PM
 #39

a deep team , huge established Team members will do since its hard to run with a well known name and can easly befound if so
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April 11, 2018, 08:58:06 AM
 #40

First of all I’m checking the idea of ICO project. Next I’m interested in results which are already made by the team, their plans and goals. Also it’s important for me to see team feedback and if there is bounty program - a good bounty manager.
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