Topic: Developer’s advices to ICO investor. - page 2. (Read 842 times)

I think i prefer to join in real working priduct ico because many people will support it. And also more promissing if we investin such kind of ico. Always check the idea and team as well.

In the light of recent events, the question became urgent: How to understand that your position on crypto-currencies suffers because of market fluctuations, and not because of the whims of speculators?
It's very simple, but some ignore the simplicity of this advice.

Open the capitalization of the Crypto-currency. This is a good metric for understanding where the market as a whole is. Next, move to your crypto-currencies.
Having seen the place of the crypto currency that you are interested in in the general rating and evaluating its neighbors, you will receive very important information about the effectiveness of your crypto currency in competition with others. This information will allow you to draw conclusions about the current situation of your position. If the coin began to lose its place in the global capitalization rating – perhaps, this coin is influenced by fundamental factors or a speculative element. If the crypto currency keeps its positions in the rating, while losing in the price - do not worry, maybe this is only a global market fall.

https://bitcointalksearch.org/topic/m.25250829
We will develop bespoke ICO according to your project.

Topic with our projects and discussion.
https://bitcointalksearch.org/topic/m.25250829

Today’s red day on many crypto-tokens. But I thinks it’s great. And here is why:

1) There are simple none of market asset that can grow all the time. It’s healthy to sometime cut off some lard from the main body.
2) It’s giving opportunity to buy tokens cheaper. No joke. Buy low, sell high.
3) It’s shows us that it’s not just a blob of assets. While eventually everything (even fiat) is going to crash corrections in a sigh if healthy market.

Don’t panic, have no fear. Invest in proper ICO and tokens and everything is going to be fine.

As long as there is no single standard for entering the ICO, the existence of a contract is rather indicative of the seriousness of the team and the create and develop business within the framework of new technologies, rather than using this new boom only as a form of fund-raising. When you’re going to buy a house you are not just listening to how beautifully the seller sings. In the absence of a material analogue of the product offered for sale, it’ll be logical to evaluate it from the point of view of digital guarantees (by analogy with the contract of sale for a house). So in our case, if the team does not have a contract describing the actions of the team at the time and after the fundraising - they do not have this very contract with which they come to you as a buyer; How can I trust my team with this money?

If you think that the contract can be written after fundraising - it's illogical, because the team needs a working model with a prototype, in order to convince investors of the seriousness of their intentions. Situations that will soon happen everywhere - the collapse of projects and the departure into nonexistence - is just the result of the relaxed attitude of investors to the guarantees of the teams. It is a mistake to assume that the risks of entering the ICO are completely the prerogative of the investor. Teams have the same responsibility as investors, if not large

My advice is the following: do not invest in projects that do not have clear, prescribed contracts. This, it is proved by statistics, always ends badly. Evaluation of ICO, contract writing and orientation in crypto-currencies is a difficult, but not impossible task.

Thanks for the information man, always good to hear from the perspective of a developer rather than someone trying to sell their altcoin.

Really good thread, everyone should read this before even thinking about investing into any ICO.

I think everyone should read this thread before they invest into any ICO.

Really good job man!

Very thoughtful post.  I will add these to my filter criteria for ICO.  There are so many and the industry is moving so fast.  Much care and due diligence is needed.   Thank you!

I invested in ICOs more than 5, I regret for all, because all of them are unnecessary and not profitable. Even they most fall below ico price. I just wanted to invest in 0x ico.

Thanks for the advice.

I find that the average person has no concept of the actual technology behind altcoins and are only in it because they heard about Bitcoin on the news....

https://ins.world/

The code that we can see after following the GitHub link is weird. It does not revive ETH as payment method. After trying to pay for tokens, I was welcomed by simple wallet. Well, dream came true, again. I hope it's just a mistake and will be fixed in a shortest amount of time. If not – scam. ins.world

https://www.tokendesk.io/
The project aggregator of ICO’s goes on ICO - but the verdict is scum, because of reason that payments are accepted on the wallet and not on the contract.

We've got an idea. We could create encrypted mail for all bitcointalk users based on our alpha. It's not a small opensource server one could download which we intent to create, but the cloud mail with fully available encryption (PGP-based). 

I've a suggestion and how about try to make a list about the result of the contract that you have been auditing it? It seems to be a very good sources for everyone to determine the ico project itself.
The smartcontract becomes a crucial part in this game, that's why majority of the scammers are hiding their code.

Thank you for reply! We'll keep an eye on your project.

And meanwhile, another review.

https://fortknoxster.com
Web-site is looking quite unpresentable, and to add insult to injury – there are no GitHub link to review the code. Big “No-no”.

https://www.saavcoin.com/
Another horrible looking website with no GitHub link. No means to verify code and contract – no advices to invest in this project.

Dear Hero10,

Swisstok now proceeding with 1st closed presale, starting with KYC/AML procedure. So, lack of the wallet or "buy" button means we're doing that in a manual mode. We are counting on dozens of participants  here, so the manual mode is much simpler than smart-contract. You are welcome to register (or https://t.me/swisstok) and see the news and test alpha version.

Swisstok

https://swissborg.com/en/

Before the sales begin, we have the opportunity to review code of the prototype. It could be better. Just a pack of standard functions and nothing more. Of course, there is a possibility that cherry on top will be added right before sales but for now – quite a dull project overall. 

https://tokensale.gizer.io/

Project has a spelled out terms for early investors, has soft and hard cap and token-burn. There are no terms for bounty and team, no escrow and no freeze. 50\50, but i'll put this project in a scam pile. 

Another day, another review.

https://swisstok.io
Site contains one interesting detail – pre-sale is going to be over after 21 day and they still didn’t add “buy” button. I smell a bit of a scam already. Even after signing in you will receive only an invite to a sales, nothing more.

https://paytailor.com
Site does not contain “sale” button. It’ll only going to be found under the heading. As result we are shown a wallet, on which we should drop our coins. What does the team hopes for? I don’t know. It’s clearly a scam. Don’t give them money. 

http://gigagiving.com/ICO
Despite the fact that this project has git-hub link and did found collection in the right way, it has some red flags. First – tokens are going to be out at once. All of them. No burning function. No spelled out terms for the team; no bounties, no hard and softcaps. No freeze and escrow. Scam through and through. 

https://razoom.org
Project is claiming to combine AI and smart-contracts in ETH. And even after this bold claims they still collecting found on the wallet. Maybe hoping to lure some naive soul to their nets. Eh. C’mon, guys. At least do some efforts into fooling us. Scam.   

I totally agree on the advices from a developer's point of view. But how would you handle FIAT payments in this case, which is from a business' side very crucial?

Thank you for sharing this, I think a lot of people don't even read into the concept of the ICO, never mind the smart contract that governs the pre-ICO / ICO.

The standard needs to be raised by the crypto scene, if bad ICO's don't raise money, then they will cease to exist and develop their concept / idea to meet standards.