What makes a good ICO?
What makes a good ICO? This are the following I'm looking at when joining ICO.
1. Project name. Unless it's a legit hardfork of a certain crypto then stay away from bitcoin something or ethereum something or litecoin something etc. If you think name is kinda funny and sending you red flag then beware.
2. Team Member - check out their linkedin profile (it's a must). check their background. Do they have strong background on the kind of project they are involve? Is their linkedin legit, have more than 500followers ? real photo? look at their professional history. etc...
3. Roadmap. Is it achievable? are they following their roadmap? how long the project existed?
4. Token allocation. I used to ignore this but I learned that checking token allocation is important. Project development should have largest allocation not marketing/advertising.
5. price of token. I read somewhere that if it's more than $1 then chances is that project will fail coz that's already kinda expensive for ico token.
6. token supply. less than 1billion is ideal supply for an ico project.
7. Social media account- how many follower do they have? is it active and updated? in telegram, is admin responsive and members talking with sense or it's all just bot?
8. Website with whitepaper Never support an ICO without website and whitepape. Not really good in looking at whitepaper but I always checked out if they have one.
Well, that's my checklist. Though it's not guarantee me 100% success but so far it works.