Topic: Do you judge a coin/token/project by their website? (Read 581 times)
I prefer do not trust anyone and check out information about developers team and advisors and their reputation , if they got successful project before and. Actually website doesnt mean much for me, better ask some thechnical questions and make own decision.
You might use the website but that should not be used as a yardstick to measure the project and coin. There are some project with nice websites but they are nothing to come home about, others too are just scam projects with nice website to entice you. Don't follow a website to join a project you might end up one day falling as a victim.
For me, an important point is also a visit of the project team to various public events in the blockchain sphere and information on attracting large investors or investment funds.
This is one of the criteria by which you can determine the current project in front of you or whether they are scammers. However, I would not say that this is a very important indicator. There are more important criteria.
No I can not judge the coin ,or token ,the project by their website , because there are ICO which are well organized websites , platforms but are scams in the end, there are also ICO projects we thought it is not so popular , but in the end it is very successful and give rewards to the participants clearly.
When choosing a project, I focus on:
1) the idea of the project. Well proven at the ICO crypto stock exchange, on-line banks, companies selling green energy;
2) the team supporting the project bounty. The company Amazix deserves credit;
3) the development team (country, age, work experience, pages in social networks);
4) site and beta version of the project.
1) the idea of the project. Well proven at the ICO crypto stock exchange, on-line banks, companies selling green energy;
2) the team supporting the project bounty. The company Amazix deserves credit;
3) the development team (country, age, work experience, pages in social networks);
4) site and beta version of the project.
I tend to look most at the community behind the project. Are there any ways to directly speak with the devs through Discord or Slack for example?
How active are they within their own community and what kinds of updates have they released.
Take LBRY for example, it's a lesser know project, but I am 100% sure that they fully intend to complete their roadmap.
The project's management and devs are active in their Discord and will answer just about any question you have.
You can see that they are releasing regular updates to their LBRY app and their communications on social media is actually interesting, not just spam.
I'm always wary of projects who have paid for big marketing campaigns or those who do these massive airdrops.
This always looks like a quick money-grab to me.
How active are they within their own community and what kinds of updates have they released.
Take LBRY for example, it's a lesser know project, but I am 100% sure that they fully intend to complete their roadmap.
The project's management and devs are active in their Discord and will answer just about any question you have.
You can see that they are releasing regular updates to their LBRY app and their communications on social media is actually interesting, not just spam.
I'm always wary of projects who have paid for big marketing campaigns or those who do these massive airdrops.
This always looks like a quick money-grab to me.
Actually, checking how legit the icos are like getting the puzzle put into its place and you're lucky if you found the missing piece. As icos getting shit along the way, just save yourself from not investing on it so icos will see that it isn't a good time now to their things. Bare in mind that there will be no scammers if there's no people get on their trap.
So to sum it all, even we check all of those criteria if they are real asshole, then it will be.
So to sum it all, even we check all of those criteria if they are real asshole, then it will be.
There were a lot of popular projects with low-quality sites and vice versa. You need to pay attention to the project team and their partners
Pretty simple question. At the moment 99.999% of new coins tokens and crypto project all have a telegram group (full spam and bounty hunters) , a twitter account that only posts pre-made bullish news about their own coin, a subreddit with 20 subscribers and 5 bots, a Facebook page full of 3rd world country princes asking for your eth private key.
What is left to judge a product? Only their website. But how accurate and trustworthy can a website be? White paper too aren't to be trusted, since 90% of the time they get changed work-in-progress.
What metrics do you use?
This is the difficult part in judging the ICOs if legit or not. I will just check if those team and advisors are truly connected to the project and has clear vision that the project will definitely develop on their given time-frame. Besides that I will use my instinct and understanding about crypto if I will invest or not. What is left to judge a product? Only their website. But how accurate and trustworthy can a website be? White paper too aren't to be trusted, since 90% of the time they get changed work-in-progress.
What metrics do you use?
Yes, It does matter to some extent. But, I focus on telegram more. The way admins react to questions, the way their pinned message is written.
Yes, because theres a lot of scam websites so we should be careful always in that kind of thing.. i used to described if the projects or tokens are legit by reading their whitepaper and joining telegram but now, even those fake and scam projects has their own whitepaper and telegram communities. So its very hard for me to trust projects nowadays
Pretty simple question. At the moment 99.999% of new coins tokens and crypto project all have a telegram group (full spam and bounty hunters) , a twitter account that only posts pre-made bullish news about their own coin, a subreddit with 20 subscribers and 5 bots, a Facebook page full of 3rd world country princes asking for your eth private key.
What is left to judge a product? Only their website. But how accurate and trustworthy can a website be? White paper too aren't to be trusted, since 90% of the time they get changed work-in-progress.
What metrics do you use?
What is left to judge a product? Only their website. But how accurate and trustworthy can a website be? White paper too aren't to be trusted, since 90% of the time they get changed work-in-progress.
What metrics do you use?
For me I look towards that project by their product but I always keep in mind that every ICO will joined in have a good transparency which could be said that you know more exposure about the project.
That is the one I did. There are still a few more ways that I usually do. Like seeing the team, manager, whitepaper and others. So to assess a project, we have to do a lot of research.
Pretty simple question. At the moment 99.999% of new coins tokens and crypto project all have a telegram group (full spam and bounty hunters) , a twitter account that only posts pre-made bullish news about their own coin, a subreddit with 20 subscribers and 5 bots, a Facebook page full of 3rd world country princes asking for your eth private key.
What is left to judge a product? Only their website. But how accurate and trustworthy can a website be? White paper too aren't to be trusted, since 90% of the time they get changed work-in-progress.
What metrics do you use?
Quality of a website is one I look for when I choose an ICO but the most important is the team behind the project because they are the one who will run the business. The second thing I check is the product, is it unique and can easily understand by common investors. Least is the website, how secure it is because if it is not secure, the business is in big trouble. What is left to judge a product? Only their website. But how accurate and trustworthy can a website be? White paper too aren't to be trusted, since 90% of the time they get changed work-in-progress.
What metrics do you use?
Scammers nowadays are equipped with great minds to fake everything they needed just to attract investors. Scammers also setting up their plans like a regular whitepaper. Their roadmap to scam others is really well planned. So, don't rely on website, social media, and ico reviews. Better to do research of the team members and company, their connection with other companies.
dear you pointed out everything very competently. with you completely agree. all these social media, a website and so on can be done at a very high level. and the only thing that remains is to check the team. although even the most promising project and the team to which there are no complaints - do not exclude the fact that it can still be a fraud
If they can't even manage a decent looking website then I wouldn't invest in it, least you can expect it when they're often asking for $30 mil lol.
I judge a project also by their website, because it helps you understand the professionality of the team behind the projects
Website is a good basis of scam project. Mostly fake projects had not do any professional editting to their website. Information is seems copied from another projectm. You can search some line on the text and find out whether those words is really from the team
of course just browsing the website and white paper is not enough. but it is also necessary - this is the first indicator. next, look at the team. these must be real people, and valid links to their personal accounts. then softcap and hardcap and road map - it should be realistic.
Website is a good basis of scam project. Mostly fake projects had not do any professional editting to their website. Information is seems copied from another projectm. You can search some line on the text and find out whether those words is really from the team
The website is a good starting point, but the white paper gives much more insights. Social Media channels can always be pushed through marketing methods, but white paper and website is about content and the idea / technology behind it. Also it is good to check the team, the investors, advisors and how credible the partners are!
Jump to: