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Author Topic: [KriptoA]-[5 ICO Investment Evaluation Criteria For Newcomers]  (Read 27 times)
KriptoA
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September 10, 2018, 08:52:10 AM
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Investing in ICOs has always been considered a form of risky investment. Because most ICO projects are startups, investing in startups requires a lot of experience in micro vision as well as macro. Is there any chance for new entrants to invest in the ICO? It’s a yes to us,so today we would like to introduce to you 5 factors to make the ICO evaluation process easier. These factors will help you find good investments for the future.


1) Team :
This is the most important factor in evaluating an ICO. Investment funds often target the human element first when investing in projects because ultimately the figures of promising numbers become reality depends on the people conducting the project. .

When evaluating an ICO project, it is necessary to consider the actual experience and skills of the team members. We need to ask questions to determine whether the team members can do a good job. Here are some of them :

– What companies did they work for?
– What experience do they have? How many years they have been working ?
– What positions did you work at?
– Have they ever done the start-up ?

In addition , information such as “former Google employee” or “former Facebook employee”, we need to find out clearly if they have really worked in these companies, what projects they have participated , what did they accumulate during that career?

On average, an ICO team will have 6-9 people. But you should think of a team with more than 20 people, because the more people they follow, the more confident the project is.

Besides, we also have to pay attention to the advisor (consultant, support) for the ICO project. If the project has well-known ( or having well-known advisor ), it will prevent a higher percentage of risk and the possibility of success is also higher.


2.Partner:
The partnership of the project is also one of the most important factors in the requirement for investors to consider carefully when deciding to invest in an ICO project. Partners are a good indicator of how good this ICO project is.

Why ?
Most ICO projects are currently the solution to optimize performance in many different industries. If a large company uses the product of an ICO project, it is certain that the project has gone through many rounds of convincing the big company and has proven itself to be a partner of the company. This company. Ripple, for example, is a solution that can help streamline bank transatlantic transactions and ripple has many big banks, we are new and unknown investors. How ripple is superior, but the big banks as a seal to prove the superiority of the ripple.


Therefore, we should consider the ICO project partners that we intend to invest to evaluate the potential and prospects of the project.

3) Evidence and implementation plan
In the early days when the new ICO call form came in, investors were not interested in the ideas of the projects, even many of the projects did not have a clear idea of ​​what they were calling capital. public. The dotcom bubble of the late 1990s is similar, just knowing the companies involved in the Internet, investors are pouring in, they do not question whether the idea is real, Is it possible to succeed? And the result, we all know, their money vanished when the bubble burst.


So to invest wiser we need to consider the idea of ​​the project. Are these ideas practical and achievable? Examine the evidence, the numbers they give whether it is true, researched or published by the authorities? Are these agencies reputable? Do they anticipate future scenarios?

Then have a thorough look at the plans / roadmap to see how they will implement the project, how the sequence is, reasonable and feasible? Do they have backup plans?

For example, a blockchain project capable of doing 3,000 transactions a second is truly a breakthrough innovation in 2018. But the future will demand higher, perhaps 1 million transactions per second, Will our company invest in 2018 be competitive in the future?

4) Market acceptance potential: look up to the far future
Cryptocurrencies in the top 10 now prove that they are widely accepted by the market. However, over time the market’s acceptance will change, the market will appear more demand. And a potential ICO project will anticipate future market demand or may create a new demand that will be well received by the market. Just as Uber has beaten the traditional taxi companies to rise to the world to become a tens of billions of dollars worth of companies.

5) Avoiding scams: Identify the signs of a scam ICO,some signs to spot a scam ICO project
Here are some signals that you can rely on to spot a scam in a project :

– Inexperienced team
– Ensure that investors profit / promise high profits
– Lack of details on the project
– No clear roadmap
– No mention of risk to investors
We hope the 5 criteria above will be useful for everyone, especially new entrants to invest in ICO. Wish you guys all the best !

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September 10, 2018, 04:22:40 PM
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5) Avoiding scams: Identify the signs of a scam ICO,some signs to spot a scam ICO project
Here are some signals that you can rely on to spot a scam in a project :

– Inexperienced team
– Ensure that investors profit / promise high profits
– Lack of details on the project
– No clear roadmap
– No mention of risk to investors
We hope the 5 criteria above will be useful for everyone, especially new entrants to invest in ICO. Wish you guys all the best !
I like this idea that tells the investors the risk in investing an ICO if it is scam or not. Most ICOs nowadays focus only on their project if they plan for it to succeed or scam the investors. I hate to say it but it's the fact that most ICO are scams as mentioned and erc20 tokens can be made without costing you lots of money.

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September 10, 2018, 08:41:08 PM
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Wholeheartedly agree with all of the above points and I think it is great that you spent the time to put together a valuable guide for beginners looking to invest in ICO.

A couple of points that I would like to add/expand on that I feel are pretty important as well.

Website
-Quality of website
-Marketing process, service processes for questions incoming
-Platforms / technology in place - I.e How much have they invested upfront?
-Partners


WhitePaper / Project
-Is the value of the project clear?
-How well is the project articulated in the WP?
-How good is their strategy/roadmap/experience to execute on it?

Team
-What is their experience?
-What are their expertise?
-What kind of network does it look like they have?
-How much information can you verify about them? (linkedin, network, companies etc) A great way to verify a team in more depth is to question one of the core team via linkedin in to ensure they are who they say they are.

Community
-How active is their community vs how much did they buy?
-How responsive are they to more complicated questions?


There is a ton more that are important but I feel for me these are some of the things I look at first.





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