5 thing you have to check before Investing in ICO company.

[hoaryal1]

Before I start, the best tip I have for you regarding ICO's is that every ICO is a scam until you prove you're self differently, only when you 100% sure you can start thinking of investing, and there is a lot of great projects out there.
 
1- READ THE WHITE PAPER! you have to understand what this project all about, read it all and read it under consideration

2- Telegram, If it active and have a lot of traffic and strong commentary Its a defiantly a good sign

3- The company tech team. The tech team should be with experience and knowledge relevant to the project, remember the engineers are what motor the idea, without a good tech team even the most amazing idea will collapse, example :

4- PR team- PR is one of the most important parameters when you look at ICO team, even if the idea is great without the right audience to acknowledge it and exposure it won't be able to make it,  for more regarding this subject ICO Marketing Guide

5- Compare the ICO to competitors-A thorough analysis of existing competitors to gauge if there are similar products or solutions in the current market. If so, identify the salient features of this project that are likely to beat out the competition that exists.

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[avikz]

2- Telegram, If it active and have a lot of traffic and strong commentary Its a defiantly a good sign

Do you know that Telegram users can be bought? Do you know there are groups who are being paid to maintain the activity of a telegram group? Majority of the ICOs actually opt for their services. They also offer a range of users to the owners. They can buy anything from 1k to 30k users for their telegram group. So I really can't consider this particular factor as a sign of a good ICO because we don't know whether the members and the activities are being funded by the ICO owners, there's no way to check it!

[BALIK]

I think once you're done looking into these you should then go on to investigate the following to really cement your choice.

1. Does the team have an excellent track record of raising capital and bringing complex products to market?
2. How realistic is the road map? Are the funds they are looking to raise sufficient to bring it to life?
3. Who are their partners, check the partners website to see if they really are partnered, or if their partners are just a paid PR firm.

[o_e_l_e_o]

Yeah, it is trivially easy to bump up you Facebook/Twitter/Telegram/Discord/etc with fake likes/views/tweets/subscribes/posts/whatever. Similarly, it is trivially easy to create fake Linkedin profiles and a fake team and fake advisors or partners with fake connections.

I would suggest you take a look at this thread: Guidelines, how to spot a scam ICO & report effectively. ✔

[cetald]

Here I want to add one more important parameter. This is the presence of large investors and partners.

[adzino]

Few points you mentioned are just vague. Just reading the whitepaper won't help. They can just blabber what ever they want on their white paper. The main thing we need to figure out is that if they can deliver what they promised. Most project fails to give us even a working demo platform, let alone completing a full project. Secondly, you trust their social media at all. Fake traffics and interactions can be made easily by just spending few bucks.

[Fred3030]

You mention some good points, although I am not in same line with you as it concerns the whitepaper reading point. So many projects today are just white paper project and for months after completing their ico no development of the project has been done. All have remained as just proposals on whitepaper. I think its hard time we look at ico that already have a working product before soliciting for funds and not just a project starting from scratch.

[IIOII]

Sorry, but these recommendations are complete BS.

Most ICOs are simply scam, no matter their whitepaper, their Telegram channel or PR team.

The only thing I would look for would be independently audited financial statements of the company history of at least three years. I have yet to find an ICO that did provide this.

[TheBitcoinBadger10]

Seeing the whitepaper and the team is important. But telegram would be something that the majority will not take account of. Because they have paid reviews too and that creates biased reviews. But so far, all the other criteria are alright.

[YuginKadoya]

Your picture example was kind of weird and I didn't know there are ICO that has sex toys as their main product for a token, But I think that is not a common thing and I really think that in taking a pick for a good ICO was its product and services that are very reliable to the consumers and a unique one such as these sex toys that are manufactured by Tao Ke and Beiquan Zhu, I really think that would have tremendous overtake for sales and would should let consumers bound with curiosity if this would be a hit in the market.

[MegaDots]

There is only one thing which I find to be not so useful and that is Telegram. The main reason is that it has had allegations of endorsing paid reviews. And if we do make decision based on biased reviews, then that will prove fatal to us.

[ChaChaiTL]

Prior to investing in coin buys at a certain ico program or checking it's site under their purchase contract and checking the amount of funds they have mobilized.

[Austino1]

To me Five things that worth considering before investing in ICO company 1. I will firstly consider there importance that is the problem it will solve and how it tends to solve the problems 2.Coin/Token
 Website 3. Management Team 4. SocialMedia Channel/Communities 5. Competition

[Akmallesy]

thank you for sharing useful knowledge, but that all does not guarantee that a project will be successful but this is some that we can see to participate in a project so that we are not in vain in the future.

[ranman09]

Sorry, but these recommendations are complete BS.

Most ICOs are simply scam, no matter their whitepaper, their Telegram channel or PR team.

The only thing I would look for would be independently audited financial statements of the company history of at least three years. I have yet to find an ICO that did provide this.

They will not be able to provide because most of the ICOs are startups or just ideas of man and then he built a team. Some ICOs though that have an existing product, who's now doing ICO to gain fund, can maybe provide these details. Well, if they wanted everything to be in public, some ICOs tend to decline when asked about these details.

[Chachen19]

Can you share with me the experience to check 5 things before deciding which investment to choose ico to invest ico and firmly grasp the profit? I believe you will have great experiences

[tadung8790]

tks bro for your advice <3
but i think you need do it with all comany before Investing in.

[shimbark123]

2- Telegram, If it active and have a lot of traffic and strong commentary Its a defiantly a good sign

Do you know that Telegram users can be bought? Do you know there are groups who are being paid to maintain the activity of a telegram group? Majority of the ICOs actually opt for their services. They also offer a range of users to the owners. They can buy anything from 1k to 30k users for their telegram group. So I really can't consider this particular factor as a sign of a good ICO because we don't know whether the members and the activities are being funded by the ICO owners, there's no way to check it!

Agree. Some telegram users are just for the bounty and also some bots. So, mostly of the people questioning some questions for the "project" are those people wanted to boost the project to make it look like its real.

[o_e_l_e_o]

Sorry, but these recommendations are complete BS.

Most ICOs are simply scam, no matter their whitepaper, their Telegram channel or PR team.

The only thing I would look for would be independently audited financial statements of the company history of at least three years. I have yet to find an ICO that did provide this.

They will not be able to provide because most of the ICOs are startups or just ideas of man and then he built a team. Some ICOs though that have an existing product, who's now doing ICO to gain fund, can maybe provide these details. Well, if they wanted everything to be in public, some ICOs tend to decline when asked about these details.

They will not be able to provide because most ICOs are scams.

If the ICO has a genuine product, then they will have accounts and financial statements. If the ICO is just the ideas of one guy and he is building a team, and has no product, company, accounts, development, or anything at all except an idea, then sending them your money is insane. If the ICO is declining to make these things public, then again, they are a scam.

[zolfa]

thank you for the information, but in my opinion, the most important and we must think about before choosing an ICO is the team's credibility.

the team has a big influence on the launch of coins in every exchange.