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Topic: Essential information you MUST know before participating in ICO. (Read 95 times)

newbie
Activity: 1
Merit: 0
Really useful tips to do. Because today there’re a lot of scammers who just want to «cash in» on other people's money.
newbie
Activity: 13
Merit: 0
Before participating in any ICO there are certain things you should know.
1) Read the whitepaper and any technical descriptions, consult with a specialist that has a deep understanding in the sphere, don’t hesitate to get an audit. The project has to have a comprehensive description of their future project.
2) Pay attention to the team, are they good enough? Bother to check them up and see their previous projects, work experience etc.
3) A good ICO project usually already has an alpha version or at least something done to present to their investors.
4) Is this projects legal? Don’t simply click “agree”, take your time and read their TSA, or get a lawyer to read it for you.
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