How do you trust new ICO? | Bitcointalksearch.org

Manuj

full member

Activity: 269

Merit: 102

Quote from: sandarajasmine on February 11, 2018, 01:07:35 AM

What is the critirea that you guys are looking for a new ICO before you start to invest/purchase their token? Mind to explain?

I will look into their primary goal as a project. They should convincingly answer the question: what is the specific problem in the world that your project is going to address? The how of course is equally vital. They should not just sell the goal, they should also sell their approach. I will also look into the team and their experiences.

mk4

legendary

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Paldo.io 🤖

Do research before asking redundant questions.

Topic: How to spot an ICO SCAM: https://bitcointalksearch.org/topic/how-to-spot-an-ico-scam-1678127
Topic: How to know if the ICO is scam: https://bitcointalksearch.org/topic/how-to-know-if-the-ico-is-scam-1963768
Topic: So many new ICO, how to check if it's scam?: https://bitcointalksearch.org/topic/so-many-new-ico-how-to-check-if-its-scam-2169129
Topic: How to find out a legit ICO?: https://bitcointalksearch.org/topic/how-to-find-out-a-legit-ico-1749996
Topic: How to know legit altcoin that offer legit ICO?: https://bitcointalksearch.org/topic/how-to-know-legit-altcoin-that-offer-legit-ico-1478633
Topic: Scam or real ico: https://bitcointalksearch.org/topic/scam-or-real-ico-2286032

kevoh

full member

Activity: 448

Merit: 110

Some of the criteria I use in determing an ICO that I will be interested in:

1. Is there any need for the creation of this token? Does the token really need funding?

2. The composition of the team behind the project. I have seen a situation where on checking on the profile of the team members it was discovered that the pictures used were lifted from an already existing project.

3. Studying and scrutinizing the whitepaper. This part is very important.

sandarajasmine

newbie

Activity: 42

Merit: 0

What is the critirea that you guys are looking for a new ICO before you start to invest/purchase their token? Mind to explain?

Topic: How do you trust new ICO? (Read 127 times)