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Topic: Does your ICO pass the smell test? - page 2. (Read 526 times)

sr. member
Activity: 504
Merit: 251
October 02, 2017, 02:32:13 PM
#2
for me the whitepaper give it all from it you can see the idea behind the ICO
jr. member
Activity: 61
Merit: 1
October 02, 2017, 01:37:49 PM
#1
Recently saw some posts about detecting "scam" ICOs-- but what about detecting just "bad ideas" for ICOs?
What's your smell test?

(1). Check the management team, check for people who have a history of previous successful ICOs.
(2). Read the white paper and consider-- why can't this just be done with a database? What's the true use value of the token? Why does it benefit from being decentralized? Is it truly decentralized?
(3). What is your smell test for ICOs?
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