Topic: 5 thing you have to check before Investing in ICO company. - page 3. (Read 1594 times)
I stusy on all of your points. Vey informative and needed for newbies and new investors.Investing in ICO market is not so profitable as far as i know. I suggest you to invest in Bitcoin or in Ethereum to make profit.
that should be considered before investing in an ICO company 1. First I will consider the importance of the problem to be solved and how it tends to resolve the problem 2. Coin / Token Website 3. The Management Team 4 shares useful knowledge, but it does not guarantee that the project will successful but these are some that we can see to participate in projects so that we are not in vain in the future.
This is very good post I must say. You have figured out the key and the important factors to consider before choosing any ICO. It will be very helpful for me of course and I hope for everyone too
Do not invest in an ICO without reading the White Paper, which is definitely the first item.
It was a very useful review.
Newcomers will now invest more consciously.
Thanks dude.
It was a very useful review.
Newcomers will now invest more consciously.
Thanks dude.
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.
I was researching, better said getting known with some of the icos in December of 2017 and I noticed that there are some projects that have big companies as their partners. I think that I saw that one of those have Microsoft for their partners(I think that it was Stellar). That was pretty convincing for me. I don't think that they would lie about such a thing. I suppose that such a great name as their partner should be a guarantee for that project. So I agree on point no.3 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.
I think the most important thing is the white paper they have proposed. Because it shows their intention and ability of them. Most of the white paper doesn’t give much info which is very bad sign
Like this, the intention of the post is good, the information also helps us to improve our final decision, but you cant trust 100% in that 5 things.
You never know if you really have the idea to start, and follow the project. Maybe they decide to go to the middle because they have already raised enough to live the crazy life.
That is right, we need to be careful with what we are joining at and it is important to check ICO very careful especially their team members because we don't know if they are telling the truth or not that is why we need to be careful and examine all the things that we need to know, don't just join because of a lot of members joining them, investigate on your own. You never know if you really have the idea to start, and follow the project. Maybe they decide to go to the middle because they have already raised enough to live the crazy life.
These all are very needed for a newbies as well as new traders.The number of scammers is more higher in ICO market. If one fall in the hands of Scammers, all your project are in vain. So strictly follow their rules before invest in ICO markets.
Nice article and I think those who has the question that how to identify scam it is the perfect answer I think and if we follow this we can become safe from scammers.
"Telegram, If it active and have a lot of traffic and strong commentary Its a defiantly a good sign"
I think this is the most important telegram. yes the telegram groups reveal more transparently what the icon is.
I think this is the most important telegram. yes the telegram groups reveal more transparently what the icon is.
Like this, the intention of the post is good, the information also helps us to improve our final decision, but you cant trust 100% in that 5 things.
You never know if you really have the idea to start, and follow the project. Maybe they decide to go to the middle because they have already raised enough to live the crazy life.
You never know if you really have the idea to start, and follow the project. Maybe they decide to go to the middle because they have already raised enough to live the crazy life.
Great combination for checking out a ICO project that is it scam or not. But there are some other way to avoid scam like myshield. Myshield is a platform where investor can find out trusted project easily.
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.
Thank you for this. I will check what you say carefully before deciding to invest in an ICO. I learned new knowledge from you. 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.
>3- The company tech team.
This is the most important thing. I don't get ICOs with dozens of people on the "team" most of them non technical for products that haven't even been developed yet. Real startups don't start making those kinds of hires until much later on.
This is the most important thing. I don't get ICOs with dozens of people on the "team" most of them non technical for products that haven't even been developed yet. Real startups don't start making those kinds of hires until much later on.
As there are lots of ICO you can not really tell which is genuine and the one that is scam not until you have gotten the experience like they say experience is a teacher. Every potential investor got what he or she looks for before investing into a business if the ICO meets their requirements or the standard of what it takes to invest in. What I really do is to carry out a research on the ico, I go for the white Paper to know more about the company their vision, mission, the origin and date location of the company. I research on the ceo to know more about his or her achievements. The advisors to the project, after that I verify from etherscan to know their contract details, I check their campaign managemer to know how many campaigns they have successfully managed then a check on the product is very important as to know how valuable it is.
Thank you very much for the tips you given. There is no circumstance to invest using an amount that a person can’t afford to lose. If a person find an ICO with these criteria that you mentioned then I think they shouldn’t look further.
How do you determine if the profiles posted on their website are the actual people working for the company tech team? I have seen several ICOs, where the scammer just randomly pick profile pictures and fake CVs of people from the internet and then post that under the project tech team.
These people must give Skype details for these people, next to their profile and you must talk face to face with them to ask them if they are working on that ICO or project, to verify if it is true.
Photoshop is a great scammer tool.
These people must give Skype details for these people, next to their profile and you must talk face to face with them to ask them if they are working on that ICO or project, to verify if it is true.
Photoshop is a great scammer tool.
The information about the project is also crucial. Some startups do not provide enough information about the projects. We need to be aware of that.
It will not be a wise thing to judge based on Telegram because they do have paid reviews and have biased reviews too. So the decisions taken based on it will not be a favorable one.
Very good advice and there are really projects with great potential, but we must ensure that we choose the right options.
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