Just before we even see the ICO succeed, those attributes should have been evident.
If only we care to do research, I will not be hard to detect scam ICOs or ICOs that have the tendency to succeed.
Some ICOs will tell you they will solve a problem, but by the time you ask them how they intend solving the problem, then they may have nothing to say again.
Topic: Characteristics of Successful ICO (Read 220 times)
good solid points, I had some equal points in my "guide to analysing an ICO", incase someone is looking for some more information 
Transparency in everything will make the project more trusted and can be abke to make the project successful as well but if we are in bull run the ICOs with good team eill get succeed but now we are in bull run then the chanc5of making the best project to get succeed is also a hard thing.
transparency may not always be true and you may think that everything is true but then everything will be the opposite
I agree with the points you have highlighted. Currently, doing a thorough research has become indispensable.
Transparency in everything will make the project more trusted and can be abke to make the project successful as well but if we are in bull run the ICOs with good team eill get succeed but now we are in bull run then the chanc5of making the best project to get succeed is also a hard thing.
There is doubt that all your points are very important for successful ICOs but I want to add that it's important that project must be very popular. There should be hype around it, like BitTorrent
The most important for any ICO at the moment is a working product. Science I have took part in several projects that have collected huge money and did not released their product yet, I have stopped participating in ICOs without a product and it does not matter how great the ratings are, how big the community is and so on.
An ico that will be successful to me will be backed with a team of experienced experts whose track records are there for public glare. The team members wouldn't have any history of fraud but transparency. As such, they also won't like their names and proven records to be dragged to the mould.
The project too will be nice and trusted.
The project too will be nice and trusted.
Successful ICOs are transparent, has a lot of hype from media and celebrities. Don't change their words ones spoken.
Has a unique and effective advertising policy and a multiple way to make payments for purchasing the token.
Marketing does not always affect success, but it is one of the indicators that the team is not indifferent to it and they want to show all its advantages. Now on the bear market many even successful projects do not stand up and fall apart, so it's better to look also at its technology, whether it will be relevant.Has a unique and effective advertising policy and a multiple way to make payments for purchasing the token.
Does anyone have specific examples of where Marketing was a major factor in an ICO's success? Marketing doesn't get much love in this industry lol. and most responses don't go beyond having a "good marketing strategy"
I think the successful ICO should have these characteristics. The ICO project has a clear white paper/road map, work team, products, and a good marketing strategy. It has a unique and effective advertising policy and multiple payment methods to purchase tokens. Investment in many excellent financial institutions
The success of the ICO depends on how the developers and team introducing the project to the investor,advertising is also very necessary,the higher the enthusiasm and more people are curious and follow the ICO. Basic human nature is when you see something much in demand then in the mindset of their it is very interesting to follow.
Good team members. I think!
successful ico attract investors, successful ico have good team member that will help to elaborate the ico or development of ico is base on good team
Anyone still remember how hype was the ICOs in late 2017? Did you pick some ICO? Is your ICO doing well?
Well.. I think this is a sad story. As most of the ICOs were scam. If not, some of it just going down.. the price I mean.
Hmm.. Is it really a sad story? Or should I say a bright future waiting for us, who picked great ICOs? But, how to pick some prospectful ICO? How to choose good ICO?
1. What is the token for?
A good token must have a great use. It must solve a problem. It must fit with Decentralized Application (D-App) to be applied in large scale, and in good ecosystem also.
2. How is the token's community?
A good ICO must have an active community. This community will actively share about this ICO. They can critic or appreciate the devs work. If no one know your ICO, how can people buy? Find a token with great community.
3. Is the team badass?
Yes. Badass. Are they badass? Do they have great devs? A good ICO must have well experienced team behind it. You can check their linked-in for example. Try to ask them some question regarding their ICO. Look at reputated advisory team also.
4. ICO's hard capital
If they raised lots of money, they have to declare it transparently. If you do not or can not find it easily, watch out!
5. Strategic partnerships
Its partnerships, with s, plural. Look at the partnerships. Your ICO cannot survive if they have no partnership. In fact, in this beginning era of blockchain, they need lots of partnerships to expand, to achieve a greater scalability.
For example:
Take a look at trade.io. They aim to bridge traditional financial system into blockchain. They have launched an exchange where you can trade not only crypto, but also forex, commodities in the future.
They have great community that not only praise the team, but also great critics. Just join @Tradetoken telegram to see how critic a community can be. It's okay as long as its for the great future of the tokens.
Their team is also badass. From the CEO, who is a veteran in financial industry more than 20 years. Also the security team and devs team. Despite the experience, they can make mistake also, like bugs on the exchange. No one is perfect. But working together is getting you closer to perfectness. The team keep upgrading very quickly hearing the community voice. So there are two-ways communication by the team.
Also, they are prous as one of the successful ICO in 2017, raising more than 30$ million.
Lastly, they are developing a lot of strategic partnership. For example, ICO Watchdog, with their token DOG. They provide an audit to the upcoming ICO so this will benefits trade.io to audit lots of ICO that are going to be listed on the exchange. Meanwhile, DOG gets a perfect partner to promote their tokens.
They have all qualifications of successful ICO. With this is your mind, you are waiting for a bright future ahead.
https://i.imgur.com/KjQA0uZ.jpg
You have stated most of the facts about how to identify a good ICO, if not all, and I think that this was a very enlightening read. I wish that more people could jump on this thread, especially those who have issued with choosing and then deciding on what ICO to invest it. NIce one, and thanks for sharing.
Well.. I think this is a sad story. As most of the ICOs were scam. If not, some of it just going down.. the price I mean.
Hmm.. Is it really a sad story? Or should I say a bright future waiting for us, who picked great ICOs? But, how to pick some prospectful ICO? How to choose good ICO?
1. What is the token for?
A good token must have a great use. It must solve a problem. It must fit with Decentralized Application (D-App) to be applied in large scale, and in good ecosystem also.
2. How is the token's community?
A good ICO must have an active community. This community will actively share about this ICO. They can critic or appreciate the devs work. If no one know your ICO, how can people buy? Find a token with great community.
3. Is the team badass?
Yes. Badass. Are they badass? Do they have great devs? A good ICO must have well experienced team behind it. You can check their linked-in for example. Try to ask them some question regarding their ICO. Look at reputated advisory team also.
4. ICO's hard capital
If they raised lots of money, they have to declare it transparently. If you do not or can not find it easily, watch out!
5. Strategic partnerships
Its partnerships, with s, plural. Look at the partnerships. Your ICO cannot survive if they have no partnership. In fact, in this beginning era of blockchain, they need lots of partnerships to expand, to achieve a greater scalability.
For example:
Take a look at trade.io. They aim to bridge traditional financial system into blockchain. They have launched an exchange where you can trade not only crypto, but also forex, commodities in the future.
They have great community that not only praise the team, but also great critics. Just join @Tradetoken telegram to see how critic a community can be. It's okay as long as its for the great future of the tokens.
Their team is also badass. From the CEO, who is a veteran in financial industry more than 20 years. Also the security team and devs team. Despite the experience, they can make mistake also, like bugs on the exchange. No one is perfect. But working together is getting you closer to perfectness. The team keep upgrading very quickly hearing the community voice. So there are two-ways communication by the team.
Also, they are prous as one of the successful ICO in 2017, raising more than 30$ million.
Lastly, they are developing a lot of strategic partnership. For example, ICO Watchdog, with their token DOG. They provide an audit to the upcoming ICO so this will benefits trade.io to audit lots of ICO that are going to be listed on the exchange. Meanwhile, DOG gets a perfect partner to promote their tokens.
They have all qualifications of successful ICO. With this is your mind, you are waiting for a bright future ahead.
https://i.imgur.com/KjQA0uZ.jpg
You have stated most of the facts about how to identify a good ICO, if not all, and I think that this was a very enlightening read. I wish that more people could jump on this thread, especially those who have issued with choosing and then deciding on what ICO to invest it. NIce one, and thanks for sharing.
i usually run from ICO's trying to raise more money than they need.
I think if there is a good ICO project it will attract investors and will add a lot of coins, although many people say that ICO projects are a lot of fraud but different from the successful ICO projects, because the success of the project will attract investors.
Yep. Have you checked trade.io my friend? In case you are interested, kindly join @Tradetoken telegram and register here to their ultimate exchange.. https://trade.io/l/ezvl
I think if there is a good ICO project it will attract investors and will add a lot of coins, although many people say that ICO projects are a lot of fraud but different from the successful ICO projects, because the success of the project will attract investors.
I always trust the project with a very good team. I mean a real team without a fake identity. Some of the team do provide fake details about themselves and do not use real images as their profile picture. It is very important for a team to have a YouTube channel where at least there is a short interview with the CEO of that project of a token. We need to work with real humans. Some team members do provide their LinkedIn details which are good.
Whitepaper reading is very necessary. It helps the investors to understand what the project is all about. Reading a whitepaper might sometimes be boring because an individual might not understand the technical terms involved. But sometimes a brief introduction or the executive summary will be okay to read.
Check the teams' website as well, Github is very vital too. Do a check on their social media platforms.
Whitepaper reading is very necessary. It helps the investors to understand what the project is all about. Reading a whitepaper might sometimes be boring because an individual might not understand the technical terms involved. But sometimes a brief introduction or the executive summary will be okay to read.
Check the teams' website as well, Github is very vital too. Do a check on their social media platforms.
The points you mentioned here is spot on. However, due to the current status of the market, it is really hard to move your funds to an ICO which is still yet to prove themselves. Although, this is also a good time to invest on those emerging ones. It is just a gamble and might need your due diligence in doing research to see if the investment is worthwhile.
Successful ICOS usually have a great team members. A good and a reliable ICO always offers thoroughly elaborated stages of development and financing, goals. It is very important that the project goals should be realistic and shouldn’t contradict the general tasks of the project. We should avoid being fooled by a scam ICOs that only after personal interest.
That's the main thing here to be aware of. The team is the group of people who will be working hard to make your nice new coin worth its two cents once it launches, so that the general public can trust it and consider investing in it. That's why it's important to be able to rely on these people and trust them. Look at their track records, history, experience, profiles, even pictures, and ask yourself, "would I trust these people with my money?"
That's what reliability means when it comes down to investing. Not so much relying on the product, but the people themselves.
Successful ICOs are transparent, has a lot of hype from media and celebrities. Don't change their words ones spoken.
Has a unique and effective advertising policy and a multiple way to make payments for purchasing the token.
Marketing does not always affect success, but it is one of the indicators that the team is not indifferent to it and they want to show all its advantages. Now on the bear market many even successful projects do not stand up and fall apart, so it's better to look also at its technology, whether it will be relevant. Has a unique and effective advertising policy and a multiple way to make payments for purchasing the token.
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