Would like to hear some thoughts on ICO's. Their current status, how they conduct their current marketing (Which I believe to be poor). Will ICO's continue in the same vein? And how do you judge whether an ICO could be a good investment or not?
For the benefit of the topic please try not to overload your thoughts with ICO's where tokens are still for sale and turn this into ICO bukake session
My experience is only through two that I have bought into, neither of which are at an exchange yet. I'm excited about one and think I made a mistake on the other. I read up on both quite a lot, joined the telegram thing which I find a complete mess. So many claim to be part of a "community" when reality will dictate that they'll sell the moment it goes onto the exchange and they make a quick profit.
I digress. After reading about both for some time I decide to go with them for the long term. One quite heavy, the other not so. I felt the most important part of the ICO was what the product was, could it go mainstream and could it avoid being a flash in the pan. I paid a little attention to the "teams" but feel most advisors were perhaps being brought onboard more for promotional and marketing reasons than actual advice.
I also found that the deeper I dug the more worrying things I found about them, some claimed to have registered physical addresses but they were simply virtual offices where you would be lucky to fit 3 people in let alone 150, or some that suggested they had a legal team in place yet no one on their "team" had any legal experience nor qualifications.
It's these type of things that show up as red flags for me. Would love to hear thoughts of others?
