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Topic: How can I know what is a good ICO event if I want to participate? (Read 137 times)

full member
Activity: 434
Merit: 102
Before you participate in any ICO you can make a search in the net if the token of that ICO is listed on exchange sites or not and how much he coast in the market
newbie
Activity: 91
Merit: 0
1. Read the white paper
2. Is the product innovative
3. Whether the followers are numerous
4. Does the product have market demand
5. Team member information
hero member
Activity: 3024
Merit: 680
★Bitvest.io★ Play Plinko or Invest!
Leaders / lead developers, experience, whitepapers should be original and you have to be careful reading it.

There are found whitepapers that are being copied from other projects.

Yes, whitepapers have been plagiarized and additionally, websites have been flat out copied or are incredibly vague--so don't overlook an ICO's website. In terms of the community aspect, one sign that is usually positive is if the ICO's team is active on their telegram group. If they are openly and regularly answering questions it is usually a sign that the team is truthful and motivated.
We are not sure if the person who is active with their telegram group is really a part of their team because they can just hire someone and educate it to answer to the questions of their potential customers/investors.

But that's still a good sign that they are very active conversing with people who are interested with their project just to give clearer idea and answer questions accordingly.
member
Activity: 336
Merit: 42
There are so many posts relating how to know a good ICO prior engaging with them hence I will skip that one.
I would like to share my knowledge on how to know if one is a good ICO during the duration of the campaign.

1. Telegram activity

The more active the admin users on the telegram, the more likely it will turn out a good ICO.  More than that, if other telegram users also are flooding in the telegram chat of the campaign and asking good questions, this means that the ICO management is active in marketing the said campaign.

2. Spreadsheet

The spreadsheet contains the list of all the users who join the campaign.  It also shows the number of stakes per users.  An active and good bounty manager ensures that its spreadsheet is always up to date.  This means that the bounty manager is hardworking.

3. Bounty Thread

A good bounty manager will always update the bounty thread (especially to notify the users the current running week e.g. week 1 (01/06-06/06)).


I am just new to the world of bounty campaigns hence these are just my observations.
newbie
Activity: 294
Merit: 0
First look about the idea...if it is a new idea which already not implemented and can target a large crowd it is a good idea.

Then look at the team, whether they have money to implement the project and list on good exchanges
member
Activity: 294
Merit: 10
I never participate in any ICO event before. What are some basic criteria to evaluate if the event is worth participating? thanks!

I don't think invest in ICO now is good idea. A lot of ICO get lower price than ICO price in bear market, so you can get more tokens in bear market than in investing in ICO.
If you want to participate in ICO, there are some basic criteria to evaluate:
+ Products: it has potential development or not, real product or just make-up plan. I only invest in ICO that already launch products or some works.
+ Website/Whitepaper: Check if they are copy from someone or not.
+ Roadmap: Follow roadmap to evaluate their work.
+ Team/advisors: Check their profile.
legendary
Activity: 3122
Merit: 1398
For support ➡️ help.bc.game
I never participate in any ICO event before. What are some basic criteria to evaluate if the event is worth participating? thanks!

a) Big community - but don't based on numbers of members or something. Took time to read some of the discussions at any platform available and see if the devs are actively communicating with the questions of the members.

b) Active marketing - using almost all kinds of marketing strategy to promote the coin.

c) Transparent team - much better if the team is doing a public seminars and meetups. In this way they are truly advertising their project personally.

d) Have a good ratings on almost all of the ICO checker sites - although some are rigged, it's unusual to see that a certain project will spend money just for rigging the evaluation at several ICO checker sites.

e) Self research by ourselves.

Remember that joining ICO is risky even how good and reputable the project is. Now way we can find out what will be the output so joined ICO at your own risks.
member
Activity: 140
Merit: 12
their team and the project concept is very very important. their competitors and their product uniqueness and the supply also matters alot
newbie
Activity: 18
Merit: 0
I am very confident in CRYPTICS project and I am ready to give a 100% guarantee that these guys will succeed. They have GIVEAWAY now with a super prize LAMBORGHINI
jr. member
Activity: 126
Merit: 2
Hey there. So this is actually my favorite topic. I used to run UCO research Twitter account but I  ended up passing it on tona friend of mine due to lack of time, but ico research still remains my hobby. I have a great blog posta about this topic, which I encourage you to read. I explain the way I do research. Eventually you will end up finding your own way of doing things, but for now researching how others do it is best(and free) way to start. Here is my blog post, hope you’ll enjoy it and find it helpful https://steemit.com/cryptocurrency/@topicopicks/ico-research-the-way-i-do-it

Please note, just because it’s steemit, it doesn’t mean you need to create an account or upvote it. Just click and read
member
Activity: 154
Merit: 11
MintDice Support
Leaders / lead developers, experience, whitepapers should be original and you have to be careful reading it.

There are found whitepapers that are being copied from other projects.

Yes, whitepapers have been plagiarized and additionally, websites have been flat out copied or are incredibly vague--so don't overlook an ICO's website. In terms of the community aspect, one sign that is usually positive is if the ICO's team is active on their telegram group. If they are openly and regularly answering questions it is usually a sign that the team is truthful and motivated.
hero member
Activity: 3024
Merit: 680
★Bitvest.io★ Play Plinko or Invest!
Leaders / lead developers, experience, whitepapers should be original and you have to be careful reading it.

There are found whitepapers that are being copied from other projects.
newbie
Activity: 364
Merit: 0
In my opinion, the ICO project evaluation criteria :
Business idea
Team & advisor: structure & experience
Prototype
Roadmap
Token utility: How to use, Supply & Demand
Community & strategic Partners
Conclusion
copper member
Activity: 80
Merit: 0
I never participate in any ICO event before. What are some basic criteria to evaluate if the event is worth participating? thanks!
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