-=What Should We Do Before Investing In ICOs=-

[Metamorps]

 

WELCOME

Nowadays a growing number of scam ICOs have sprung up, ranging from being easily detected to very difficult to detect. For investors who have often followed various ICOs, to detect whether a SCAM or a real project may not be difficult because their experience will help to strengthen the fundamentals analysis. But for those who are a newbie in Cryptoworld, sometimes analyzing scam ICO  or not is easy, so I start to post this thread to give some information and tips on detecting ICO before deciding to invest in it to avoid ICO scam
Here are some things to consider before investing in an ICO

1. Products
It can not be denied that one that supports the success of an ICO is the Product. The terms of good products and very supportive features are

• Unique
• Needed and favored / often used both as a basic necessity and a secondary need as a modern lifestyle (eg tokenization, AI, gambling, platform, etc.)
• Has a competitor in the market. This is because usually, products that have competitors in the market is a product that has been accepted in the community
• Innovative, meaning that the product always do some innovation, so that can survive in the long term

2. Team
The team here is divided into several areas that each should be handled by someone who is really professional. The team here includes
* Product Team
They must be experts in  product development because later this product will back up the value of crypto assets to be issued
* Project Team
The Project Team does not have to be an expert in the product knowledge but they must an expert in handling The ICO, because those people will face the strategic technical challenges of the product project later. The project team is like CEO, co-founder, CMO, etc.
>>>But there is a unique thing, sometimes a Team project or product team that had experienced the failure of ICO before, so later can be very expert and bags once in handling the next project, due to learning from mistakes that have been
* Developer Team
This includes the current marketing team of ICO, the team that will handle the assets when hit market, as well as the community and communications team manager. Team Developer here must be people who very  experts in the  blockchain technology
* Advisory Team
Advisory team is equally important in a project. We should know the tracks of these advisers, among whom are never exposed in any of the ICO SCAMs, even if they are often seen in less useful sites, better avoiding the project. They should also be the people who are ready to defend and support the project as well as they can

To know the team more clearly, each person from the Team must have active social media accounts like Linkedin, Facebook, and Twitter. Better yet if their account is a verified account

3. Source Code Products or Project
It is expected that the project is strictly structurally bound to the detachment and bring value to the community.
Usually, they will publish their product source code on GitHub profile.
Although this development value or has nothing to do with BlockChain.

4. Website Views
The website has a professional display containing various information about ICO required such as product description, token economy, partners, advantages, roadmap, team, technology type, community and so on.

5. Have an Exchange Guarantee that will be ready to receive their Token / Coins listing as soon as the ICO expires.
Nowadays, This thing is very rare to meet in various projects, even after the ICO ended in a few weeks or even months, when investors ask about exchangers, the team did not want to discuss it. So it would be nice if an ICO has a trade agreement/exchange agreement when they launch their ICO project.

6. Show ROI (Return on Investment) to investors or asset holders
Check carefully whether they show ROI to investors, such as securing a buyback periodically at a later date or giving another profit to asset holders.

7. Have an obvious address
The address and contact of the company must be clear and traceable

8. Does the project really need ICO or Not?
We need to take into account how much money their project or product needs, such as the cash budget and estimate the amount of money to be earned on their ICO. It is also the idea of ​​a Token or Coin in which it will be applied, how it will enter into the economy of the project and how it will grow in the future.
We also need to know whether their product or project really needs BlockChain technology or not, and why they are raising funds from the ICO.

9. Project Reputation of the target market
We have to trace how well their project presentations in various big forums, such as in many crypto Forum, Reddit, Medium, YouTube and similar forums. We must feel how friendly the admin in answering all the complaints of investors, users and others.

10. Project Legality
In this section have they completed the legality of their ICO sales. We know from countries like the United States, Canada, China, South Korea that is the most influential investor in every ICO.

11. Information presented in the Whitepaper
Nowadays, too much ICOs which just copy the whitepaper from some projects that have been successful before, but we must really consider and believe if it suits the needs of people today and in the future. You have to make sure they have a clear financial model and so on.

12. Have a real Product (prototype)
Here a project must really be able to prove the success of the product and its idea, the product must be really real whether it is an active product or just a demo.

13. Shows the transparency Sales Achievement
The team should be able to show their ICO sales achievements on their site in a transparent manner, so we will know their ICO Soft Cap Or Hard Cap Project.

14. The existence of Escrow
Escrow as a way to ensure the implementation of obligations before Token Holder (Token / Coin Holders) can have a good reason why this project is not a scam. An escrow can be a technical solution, but it's better than people can enjoy this function, enjoying the trust in the community.

15. Verification of smart contract
Check if the team can actually publish their smart contract so investors can see the information in the blockchain

16. How to purchase Token/coin
Projects that accept token purchases with fiat usually have a good value.

17. Discount / bonus given
Avoid bonuses or discounts with the use of pyramid schemes

18. Famous media publicationt
 if indeed they include some of the affected media that have covered, then make sure the news is indeed valid and verified

19. Check Rating on some ICO review sites
Some ICO rating sites among others
https://icorating.com
https://icobench.com
https://icochamps.com
https://crushcrypto.com

20. Token price and total supply
Please make a Note, whether the token price at ICO launch is relevant with total supply later because the cheap token price is much easier to achieve profit than the more expensive token with the equivalent total supply.

So these are some tips from me which are summarized and mixed from various sources. If anyone would add me please post some comments below

I'm So Sorry for my Bad English
Best Regards

[gloomyz]

this is great Information. usually, I get less information about self-analysis to invest in icos. But in this thread I see simething clearer and it so helpfulfor me

[TheDarkRide]

this is great Information. usually, I get less information about self-analysis to invest in icos. But in this thread I see simething clearer and it so helpfulfor me

Yes, we have to help each other since the number of scam projects seem increasing from now on. Check all the stuffs that the project gives whether it is true or fake before decided to invest may help us.

[Infracoins]

make a research about the ICO that you want to invest...read their white paper..or some reviews about it...do not easily trust especially scammers are just around!..official site also help you to decide!

[ayiaye]

WELCOME

Nowadays a growing number of scam ICOs have sprung up, ranging from being easily detected to very difficult to detect. For investors who have often followed various ICOs, to detect whether a SCAM or a real project may not be difficult because their experience will help to strengthen the fundamentals analysis. But for those who are a newbie in Cryptoworld, sometimes analyzing scam ICO  or not is easy, so I start to post this thread to give some information and tips on detecting ICO before deciding to invest in it to avoid ICO scam
Here are some things to consider before investing in an ICO

1. Products
It can not be denied that one that supports the success of an ICO is the Product. The terms of good products and very supportive features are

• Unique
• Needed and favored / often used both as a basic necessity and a secondary need as a modern lifestyle (eg tokenization, AI, gambling, platform, etc.)
• Has a competitor in the market. This is because usually, products that have competitors in the market is a product that has been accepted in the community
• Innovative, meaning that the product always do some innovation, so that can survive in the long term

2. Team
The team here is divided into several areas that each should be handled by someone who is really professional. The team here includes
* Product Team
They must be experts in  product development because later this product will back up the value of crypto assets to be issued
* Project Team
The Project Team does not have to be an expert in the product knowledge but they must an expert in handling The ICO, because those people will face the strategic technical challenges of the product project later. The project team is like CEO, co-founder, CMO, etc.
>>>But there is a unique thing, sometimes a Team project or product team that had experienced the failure of ICO before, so later can be very expert and bags once in handling the next project, due to learning from mistakes that have been
* Developer Team
This includes the current marketing team of ICO, the team that will handle the assets when hit market, as well as the community and communications team manager. Team Developer here must be people who very  experts in the  blockchain technology
* Advisory Team
Advisory team is equally important in a project. We should know the tracks of these advisers, among whom are never exposed in any of the ICO SCAMs, even if they are often seen in less useful sites, better avoiding the project. They should also be the people who are ready to defend and support the project as well as they can

To know the team more clearly, each person from the Team must have active social media accounts like Linkedin, Facebook, and Twitter. Better yet if their account is a verified account

3. Source Code Products or Project
It is expected that the project is strictly structurally bound to the detachment and bring value to the community.
Usually, they will publish their product source code on GitHub profile.
Although this development value or has nothing to do with BlockChain.

4. Website Views
The website has a professional display containing various information about ICO required such as product description, token economy, partners, advantages, roadmap, team, technology type, community and so on.

5. Have an Exchange Guarantee that will be ready to receive their Token / Coins listing as soon as the ICO expires.
Nowadays, This thing is very rare to meet in various projects, even after the ICO ended in a few weeks or even months, when investors ask about exchangers, the team did not want to discuss it. So it would be nice if an ICO has a trade agreement/exchange agreement when they launch their ICO project.

6. Show ROI (Return on Investment) to investors or asset holders
Check carefully whether they show ROI to investors, such as securing a buyback periodically at a later date or giving another profit to asset holders.

7. Have an obvious address
The address and contact of the company must be clear and traceable

8. Does the project really need ICO or Not?
We need to take into account how much money their project or product needs, such as the cash budget and estimate the amount of money to be earned on their ICO. It is also the idea of ​​a Token or Coin in which it will be applied, how it will enter into the economy of the project and how it will grow in the future.
We also need to know whether their product or project really needs BlockChain technology or not, and why they are raising funds from the ICO.

9. Project Reputation of the target market
We have to trace how well their project presentations in various big forums, such as in many crypto Forum, Reddit, Medium, YouTube and similar forums. We must feel how friendly the admin in answering all the complaints of investors, users and others.

10. Project Legality
In this section have they completed the legality of their ICO sales. We know from countries like the United States, Canada, China, South Korea that is the most influential investor in every ICO.

11. Information presented in the Whitepaper
Nowadays, too much ICOs which just copy the whitepaper from some projects that have been successful before, but we must really consider and believe if it suits the needs of people today and in the future. You have to make sure they have a clear financial model and so on.

12. Have a real Product (prototype)
Here a project must really be able to prove the success of the product and its idea, the product must be really real whether it is an active product or just a demo.

13. Shows the transparency Sales Achievement
The team should be able to show their ICO sales achievements on their site in a transparent manner, so we will know their ICO Soft Cap Or Hard Cap Project.

14. The existence of Escrow
Escrow as a way to ensure the implementation of obligations before Token Holder (Token / Coin Holders) can have a good reason why this project is not a scam. An escrow can be a technical solution, but it's better than people can enjoy this function, enjoying the trust in the community.

15. Verification of smart contract
Check if the team can actually publish their smart contract so investors can see the information in the blockchain

16. How to purchase Token/coin
Projects that accept token purchases with fiat usually have a good value.

17. Discount / bonus given
Avoid bonuses or discounts with the use of pyramid schemes

18. Famous media publicationt
 if indeed they include some of the affected media that have covered, then make sure the news is indeed valid and verified

19. Check Rating on some ICO review sites
Some ICO rating sites among others
https://icorating.com
https://icobench.com
https://icochamps.com
https://crushcrypto.com

20. Token price and total supply
Please make a Note, whether the token price at ICO launch is relevant with total supply later because the cheap token price is much easier to achieve profit than the more expensive token with the equivalent total supply.

So these are some tips from me which are summarized and mixed from various sources. If anyone would add me please post some comments below

I'm So Sorry for my Bad English
Best Regards

I am very impressed with you, have been willing to give his knowledge. the information that I get very complete once given in detail and more kumplit. hopefully this can help us all to be able to give each other knowledge to be a better person again.

[rsbriggs]

Weldone, this is very good piece especially for investors and newbies who find it very difficult to choose a good ico to invest in, I believe this will really help them in a long ways and also serve as a reminder for all investors as it contain vital information to look out for when choosing a projects if the steps are followed appropriately.

[max6575]

to becomes part with the business on crypto finance as expending use of limit with resource on possession.
and manage to work on following customs with personal details of reference to goes as running of distinct with strategics as collecting numbers of returns to complete within the dedicated terms as the attain on field with investment scheme.

[KKH84]

very good info, very useful in order to choose a good ico project and develop in the future.

[congngheauto]

Thank you very much for sharing!
I have never received a share of information about how to evaluate ICO before investing and for starters like this.
With some of the above information I am confident I can eliminate two thirds of the risk.
Again thank you!

[tuanytcc]

WELCOME

Nowadays a growing number of scam ICOs have sprung up, ranging from being easily detected to very difficult to detect. For investors who have often followed various ICOs, to detect whether a SCAM or a real project may not be difficult because their experience will help to strengthen the fundamentals analysis. But for those who are a newbie in Cryptoworld, sometimes analyzing scam ICO  or not is easy, so I start to post this thread to give some information and tips on detecting ICO before deciding to invest in it to avoid ICO scam
Here are some things to consider before investing in an ICO

1. Products
It can not be denied that one that supports the success of an ICO is the Product. The terms of good products and very supportive features are

• Unique
• Needed and favored / often used both as a basic necessity and a secondary need as a modern lifestyle (eg tokenization, AI, gambling, platform, etc.)
• Has a competitor in the market. This is because usually, products that have competitors in the market is a product that has been accepted in the community
• Innovative, meaning that the product always do some innovation, so that can survive in the long term

2. Team
The team here is divided into several areas that each should be handled by someone who is really professional. The team here includes
* Product Team
They must be experts in  product development because later this product will back up the value of crypto assets to be issued
* Project Team
The Project Team does not have to be an expert in the product knowledge but they must an expert in handling The ICO, because those people will face the strategic technical challenges of the product project later. The project team is like CEO, co-founder, CMO, etc.
>>>But there is a unique thing, sometimes a Team project or product team that had experienced the failure of ICO before, so later can be very expert and bags once in handling the next project, due to learning from mistakes that have been
* Developer Team
This includes the current marketing team of ICO, the team that will handle the assets when hit market, as well as the community and communications team manager. Team Developer here must be people who very  experts in the  blockchain technology
* Advisory Team
Advisory team is equally important in a project. We should know the tracks of these advisers, among whom are never exposed in any of the ICO SCAMs, even if they are often seen in less useful sites, better avoiding the project. They should also be the people who are ready to defend and support the project as well as they can

To know the team more clearly, each person from the Team must have active social media accounts like Linkedin, Facebook, and Twitter. Better yet if their account is a verified account

3. Source Code Products or Project
It is expected that the project is strictly structurally bound to the detachment and bring value to the community.
Usually, they will publish their product source code on GitHub profile.
Although this development value or has nothing to do with BlockChain.

4. Website Views
The website has a professional display containing various information about ICO required such as product description, token economy, partners, advantages, roadmap, team, technology type, community and so on.

5. Have an Exchange Guarantee that will be ready to receive their Token / Coins listing as soon as the ICO expires.
Nowadays, This thing is very rare to meet in various projects, even after the ICO ended in a few weeks or even months, when investors ask about exchangers, the team did not want to discuss it. So it would be nice if an ICO has a trade agreement/exchange agreement when they launch their ICO project.

6. Show ROI (Return on Investment) to investors or asset holders
Check carefully whether they show ROI to investors, such as securing a buyback periodically at a later date or giving another profit to asset holders.

7. Have an obvious address
The address and contact of the company must be clear and traceable

8. Does the project really need ICO or Not?
We need to take into account how much money their project or product needs, such as the cash budget and estimate the amount of money to be earned on their ICO. It is also the idea of ​​a Token or Coin in which it will be applied, how it will enter into the economy of the project and how it will grow in the future.
We also need to know whether their product or project really needs BlockChain technology or not, and why they are raising funds from the ICO.

9. Project Reputation of the target market
We have to trace how well their project presentations in various big forums, such as in many crypto Forum, Reddit, Medium, YouTube and similar forums. We must feel how friendly the admin in answering all the complaints of investors, users and others.

10. Project Legality
In this section have they completed the legality of their ICO sales. We know from countries like the United States, Canada, China, South Korea that is the most influential investor in every ICO.

11. Information presented in the Whitepaper
Nowadays, too much ICOs which just copy the whitepaper from some projects that have been successful before, but we must really consider and believe if it suits the needs of people today and in the future. You have to make sure they have a clear financial model and so on.

12. Have a real Product (prototype)
Here a project must really be able to prove the success of the product and its idea, the product must be really real whether it is an active product or just a demo.

13. Shows the transparency Sales Achievement
The team should be able to show their ICO sales achievements on their site in a transparent manner, so we will know their ICO Soft Cap Or Hard Cap Project.

14. The existence of Escrow
Escrow as a way to ensure the implementation of obligations before Token Holder (Token / Coin Holders) can have a good reason why this project is not a scam. An escrow can be a technical solution, but it's better than people can enjoy this function, enjoying the trust in the community.

15. Verification of smart contract
Check if the team can actually publish their smart contract so investors can see the information in the blockchain

16. How to purchase Token/coin
Projects that accept token purchases with fiat usually have a good value.

17. Discount / bonus given
Avoid bonuses or discounts with the use of pyramid schemes

18. Famous media publicationt
 if indeed they include some of the affected media that have covered, then make sure the news is indeed valid and verified

19. Check Rating on some ICO review sites
Some ICO rating sites among others
https://icorating.com
https://icobench.com
https://icochamps.com
https://crushcrypto.com

20. Token price and total supply
Please make a Note, whether the token price at ICO launch is relevant with total supply later because the cheap token price is much easier to achieve profit than the more expensive token with the equivalent total supply.

So these are some tips from me which are summarized and mixed from various sources. If anyone would add me please post some comments below

I'm So Sorry for my Bad English
Best Regards

Thanks for your useful information. I recognize that many investors when invest on ICO project, they are more or less ignore some things that you gave above and they have the FOMO mentality. I used to be like this, so now, I need to consider carefully before investing on any which one

[Rexat]

in my opinion as a ICOer, i will check their partner, famoust partner will increase the value of ICO. in case they are in partnership with XXXX brand, i will check the XXXX brands website to make it sure theres a partnership between

[Caladonian]

The topic can be an helpful hands for those who are interested investing with ICO's, people are really aiming to succeed when we discuss about money matters, with those explanations it can briefly gave some basic ideas on how we should select our target projects, along with this ideas the possibilities of getting scam will be much lesser if we do follow those things which is written so brief but informative.

[Rumayanhi]

Topics are very useful for those who are interested in investing and this is a very good part especially for investors and beginners who find it very difficult to choose a good ico to invest, and I believe it will be helpful to new investors (beginners) in the long run and also serves as a reminder to all investors.

[Cordwel]

this is a very helpful thread. should be able to get merit. but unfortunately I do not have enough merit to be given.

there are points that sometimes escape the attention is the price of tokens / coins that usually escape from my analysis

[miracle24]

Thank you for this information. It will be really helpful to folks that still invest in icos.

[dongoofy]

this is great Information. usually, I get less information about self-analysis to invest in icos. But in this thread I see simething clearer and it so helpfulfor me

Yes, we have to help each other since the number of scam projects seem increasing from now on. Check all the stuffs that the project gives whether it is true or fake before decided to invest may help us.

In addition to this, there are also some templates out there that you can use in order to make your own analysis on how legitimate or good the project is.

[Odonko]

I think as an investor before you invest into any ICO you should read the whitepaper of the project and get to know the concept behind the project and and how possible it is to be accomplished looking at the gap that has been identified by the team. You can also look at the team of the project and get to know if they are real and not being faked because scams are common these days.

[Ini35]

The info is comprehensive, it will be helpful to some, both those intending and to those who have started investing and whished to know more. The first thing that should come to every investor's mind is to do his own research.

[Ejitty]

I think you should research about the project, read the white paper, roadmap and try to know more about the team involved in the project, know their total supply.
I think by doing that you would know more about it.

[yogizam07]

Very good topic and good information so I can avoid ico ico scam