Topic: How do you determine a good ICO project? - page 9. (Read 1419 times)

basically, everyone has their own criteria in choosing a project. who is certain in choosing an ico we must understand the ico that will be followed properly. if not, then we can get the ico that is a scam. in choosing an ico, we can start by looking at the whitepaper. it is one of the things that must be done to be able to understand ico well.

Good advice been at this a while and everyone forgets these basics and as a long time miner thank you for pointing that out for people it is a red flag.

1. Flashy photos and a good page setup. A hard page is what I'm looking for, anything that quickly shrinks without images or video means that developers often make small efforts for currency marketing, which is not a good sign for investment. Remember that you are not alone, you want other participants to also enter the market if you want to sell the currency for profit.
In general, people think that the whole mistake in this, considering that screaming images mean that developers are looking for profits, and the currency is more cheating, and the reality is that if you do a deep statistical analysis and check the structure of currencies, then the opposite is true. The more developers working in a currency, the better, but there may be exceptions, but ultimately the overall statistical performance, which does not matter for an example, is the chosen example.

2. Transparent team. The images and names of all project developers, as well as currencies developed and released by hidden developers, are more likely to cheat or ultimately lose the total cost. It is a fact. Logically, if someone has bad intentions, it is likely that staying in the shade provides better security or perception. A good sign is a team of experienced members who previously produced successful projects.


3 long-term use. Coin, token and system, regardless of ICO or release, is that in the long run it needs a valuable value. Just free up the currency so you do not cut it. Regardless of origin, it must provide real use for the market to see long-term value. This means that when you see that the currency should always think about how to make such assets valuable to certain people, organizations, companies, etc. ...

Hmm,  good ICOs are very hard to spot,  most people will say check whitepaper, research the background and the likes, am still of the opinion that, if you are going to invest, just know that you are taking a risk,  checking all the points listed and rating sites review are good, but you still hold the final decision.

We all know that is very difficult at this time in determining which ICOs are good. After that, we have to choose which project is good. So at first, I check the background of each team member and developers of the project. Then I certainly start checking the whitepaper, product, the vision and the concept of the project. By this kind of checking, I determine a good ICO project.

Agreed. This is the one of the most reliable ways to get true information about ICO. But if sought-after project does not exist in this section then DYOR can help only. And in this case you can find some key parameters for analyses.

I don't know how to define whether the project is really good or not. I want to say that it is not easy to make sure that the project is reliable but it is possible to do this and i think that ICO can be the best way to earn

A good ICO project is not as easy to find as it seems.

I always look at the team, advisers and partners of the project.

This is the main thing that can help the project add a token to crypto-exchange

Instead of getting suggestion and waiting vto apply. I will share you one idea. Just go to scam acussation section and see the pinned thread which speaks about how to find the scam ICO.
If you don't see the project name there and after the analysis given there you can find best ICO project without help of anyone.

To find a good ICO project, of course we need to find information from friends or colleagues who are experienced and also find information from the project. The first step, at least you can read white paper. It is all as material for us before we move.

Yes, you are right many awful projects in ICO market now. These projects yield huge losses to people. But good projects are, but they aren't enough. At the choice of the project for investments I pay attention on: team of the project (it is very important for me), whitepaper, roadmap

First thing to do is to establish if the team is real, some ICO ratings site will do a KYC on the team, also they should publish some media like photos or videos of themselves promoting the coin. Any team that doesn't has something to hide

In my opinion and based on my experience during participating in the ICO project, the characteristics of a successful project one of which is by looking at the community in its possession, if the number of members of the community is large and quite active and the developers actively participate in the communication, then the project can be as a serious and potential project for success.

It is important to evaluate each new ICO project by its merits, rather than by the hype around it. Given the prospects of blocking technology, it is likely that the new ICO will work with remarkable teams and technologies.

You can determine ICO's with the following parameters
(1). Concept of the project: Any project solving no genuine problem should be avoided.
(2.) Use case: Any project without a real use case will definitely turn useless in near future.
(3). Business model: A project ought to have a well defined business model.
(4) Team and Advisors: Any project without a team and/or Advisors should be examined very closely.
(5). Whitepaper: Most fraudulent project don't always put in much effort in producing a comprehensive white paper. Whitepaper ought to contain almost everything about a project and easy to understand.
(6) Milestones: projects with milestone(such as the Beta of their products, or any products they intends to offer), always have better chances of acceptance.
The list continues.......
Others can include their social presence, ratings etc.
The above parameters will most likely reduce chances of falling to fraudulent projects.

Check the background of each team member and developers an be satisfied with them. Check the roadmap, the real use case of the project and look out for information in social media and forums. Check out what the team is offering, make sure it is not an offer like too good to be true. That's all I do before Investing in ICO.

It is important to know the background of the team that is developing the project. Who are these people by profession and do they have the appropriate knowledge? Look for their profiles in LinkedIn, Twitter accounts, Medium, information about their past and how long these people have been working in the cryptocurrency area. More experience in crypto space means that the team is familiar with many things and will be able to offer something new. If it is difficult to find additional information about the team online, this is usually a bad sign.

Now it is very difficult to find a good project, and there are no specific criteria that would always work. Intuition and faith in the project are also important here.

That is absolutely a very good way to usually identify a good ICO.

Although since the whitepaper is usually technical and I would not want to waste my time on a cloned whitepaper, I usually delve and dig into the team first. They have always been my main priority and as long as I am not convinced enough not to want to drop my funds with such team, I would not even bother going ahead with other details, but as long as this is a team I can rely on with their past experience, involvement in the project, then I certainly start checking the whitepaper, product, the vision and other necessary stuffs.

There were case where even all my checkpoints were met still few projects had disappointed me. Actually those were due to various reason but I just want to mention keep looking for the reason where we had failed to choose an ICO at the same time we need to notice what made us to choose a project which is doing good till date. Yes, both are important to keep rocking among many good and scam ICOs these days.

The transparency of the team can gain confidence of the support group and the followers of the community additional factors are the previous projects that are already succeeded manned by the same team. Working products must also take into consideration.