How do you choose great project to support to?

harizen

legendary

Activity: 3122

Merit: 1398

For support ➡️ help.bc.game

Quote from: Jercyhora2 on April 26, 2018, 11:41:44 PM

What is your standards or how do you rate a ICO about it's content?
I just wanna know how do you guys inspect a project if it will be a succes or not.
Any response is accepted.

As of my own reference is concern, it will all depends on reviews by numerous ICO ratings site. It's a good reference to check their detailed overview of a certain project especially the team part as a transparent team is a must have for any projects.

But as I said in my past post, even how good the team is, how good the project is, how well the development is, how bright their roadmap is, how stunning their whitepaper is, how hype they are, how well they have good ratings at any ICO ratings site, how well they are putting much on advertisement, how well they spend on rewards for any means etc. - still not an assurance that it will be a valuable project after ICO ends.

Generally it's all about the taking risks.

What you read in whitepaper and roadmap is just an overview. What matters here is the execution of it.

upekhaanthony

member

Activity: 238

Merit: 10

I personally follow below steps before investing on any ICO,

* Read project Whitepaper and understand project Idea
* study project roadmap and vision
* Seach about the team and advisory expertise on previous industry experience that going to help to this project.
* Softcap and hard cap
* Technology Stack
* Is it have a working product

Do your own and deep research before investing on any ICO. otherwise, you will loose your valuable money. there are a lot of scams ICO are live, Becare full.

MintDice

member

Activity: 238

Merit: 46

Apart from the development team and the project's white paper, it proves helpful to look at the project's website and social media presence. Not if they have any of the two, but the content. Does it seem legit or does it look like a classic, cheap scam site? Do the followers seem like real people? Is the team transparent and willing to answer inquiries? As you can see from the answers in these posts, there is no definite outline for choosing an ICO, though many people will agree on certain requirements. In the end, however, it is up to you, even the best looking projects will fail or turn out to be scams from time to time. But If you truly believe in a project then by all means participate. Below is our ICO guide from our blog, feel free to check it out if you'd like to learn more!

http://bit.ly/ICOGuide

Cheers!

cryptosec.info

member

Activity: 138

Merit: 74

NotYourKeys.Org

Quote from: JHill on April 27, 2018, 09:34:23 AM

Also look out for red flags like - team has no history in Crypto, guaranteed returns, requirement for funds to be locked in claims of massive returns and anything else that sounds too good to be true.

Take note that not because a team has no history in crypto, it doesn't automatically mean that the project is going to be bad. If I remember correctly, the initial team of OmiseGo didn't had experience in crypto in the past before the OmiseGo project, but look at them now. Going really really good in terms of development.

cioloxl

full member

Activity: 238

Merit: 105

First thing I look at is the team. That's the point in which I decide to investigate it further, or stop wasting time. Reading the whitepaper comes next and understanding the use case. Does the idea actually need a token? Or it's just a quick money grab? If both of these are a go, I try to check the hype factor and the actual promotion of the project aka shilling. All of these together should earn some profits. More so in a bull run.

without_my_moufles

member

Activity: 192

Merit: 25

- Utility of project
- Whitepaper quality
- Advantages vs competitors
- Team experience & advisors / Check if profiles are not fake as it happens sometimes
- Token metrics of ICO to see if it is realistic
- Also you can use some ico rating websites to find potential issues
- Existing product is often a big plus compare to promises

HabBear

hero member

Activity: 1106

Merit: 637

Quote from: Alluro on April 27, 2018, 07:47:10 AM

I personally do my own research to find a good ICO project. First I read about their vision and whitepaper. Next, I will find that project team. I'm searching for their LinkedIn profiles and social activities. If they are real I will find that project rating from ICO rating sites like icobench.

Ok, reading the white paper and finding the developer team is easy. What is it about the white paper or the developer team's experience that indicates to you that the project is worthy of your interest or investment? How do ICO rating sites like icobench rate projects - their formula could be rubbish!

I rate the potential value of an ICO based almost exclusively on the utility that it can bring to the market, particularly to market of people that aren't already investing in cryptocurrencies. That's the real test. If an ICO can provide value to people who don't already care about Bitcoin you're destined to succeed.

JHill

newbie

Activity: 5

Merit: 0

Also look out for red flags like - team has no history in Crypto, guaranteed returns, requirement for funds to be locked in claims of massive returns and anything else that sounds too good to be true.

bogdasha07

newbie

Activity: 67

Merit: 0

I take into consideration:
- White papers,
- Road map, team,
- idea and its future opportunities

Alluro

member

Activity: 742

Merit: 19

I personally do my own research to find a good ICO project. First I read about their vision and whitepaper. Next, I will find that project team. I'm searching for their LinkedIn profiles and social activities. If they are real I will find that project rating from ICO rating sites like icobench.

Cut_bray

newbie

Activity: 2

Merit: 0

Saya akan lakukan pemeriksaan ICO tersebut,website,white piper dan tim dari proyek yang akan diperkenalkan.
Dan yang paling utama saya periksa adalah pembahasan proyek tersebut oleh tim suksesnya.

CryptoAssasin

jr. member

Activity: 308

Merit: 4

MenaPay - Crypto made easier than cash

I believe on a project that are releasing their official videos that are composing of their team members like attending to a conferences, about their product and strong partnerships to a well known company of altcoin also is a plus for me. I don't believe much reading their white paper unless they already have proofs posted on their website.

mk4

legendary

Activity: 2716

Merit: 3817

Paldo.io 🤖

In terms of looking for a "great" project, you simply read the whitepaper and decide for yourself if it's a feasible and if the project has a real-world usefulness or not. But also, you always need to do background checks on the team, etc to make sure if a project is legitimate or not.

Jercyhora2

member

Activity: 504

Merit: 23

Epsilon Omega

What is your standards or how do you rate a ICO about it's content?
I just wanna know how do you guys inspect a project if it will be a succes or not.
Any response is accepted.

Topic: How do you choose great project to support to? (Read 146 times)