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Topic: How to assess an ICO? (Read 570 times)

full member
Activity: 378
Merit: 100
August 30, 2017, 12:43:12 PM
#22
if the site is sometimes difficult to find it because at this time many ico emerging and to know also takes time first.
full member
Activity: 1036
Merit: 116
August 30, 2017, 11:07:45 AM
#21
There has been an explosion of ICO's and i agree it makes it harder to find a good project from a bad one. But it is like any investment, you just need to do your homework and really have a look around. Also I would pick a field that you are interested in. This is due to the fact that you might know how that specific industry is doing, and if this concept can really work.

I would look for these qualities :-

- Strong team - Both in development team and also the CEO's / marketing (People focus too much on the developers which is important but not everything. no point having a great team to create something, if nobody can advertise it and push the startup in the right direction.)
- Realistic vision - not aiming too high or if they do not reach their target everyone who invested will be disappointed
- Solid whitepaper - Well thought out, shows realistic goals, a strong good vision and a plan of action
- Strong social media presence - A social media that shows they are connected with everyone
- Good customer support - Shows they care, and they have invested time and money into making sure the average investor can ask questions
- Good website - A business who is willing to throw time and effort into a good website are less likely to be a scam
- finite supply - ICO's with no cap can be dangerous and can simply just damage their own coin by releasing more for more investment.
-Market they are getting involved with - Is this a new market? or a dying one? who controls the market?

Finally
- Good concept and catchy name - A good ethos and a name that makes them stand out. Personally i would avoid anything that is something "coin".

Personally i am looking at Crowdholding as it matches all the criteria i listed above and i am interested in their concept of co-creation. Also they are in their pre-sale so you can get a lot more tokens for you money, compared to ICO's.

https://ico.crowdholding.com/

Hope this helps you!

yes it helped me a lot, I am wondering how people are getting million of dollars in funding through without having a poc or demo products to show, mostly they are just adding word decentralized with all the services we already have like decentralize search, decentralize social network and so and so and every project is listing some coin, I think we will need separate wikipedia for coin list soon.
I am interested in music, foodtech, entertainment and mobile technology related some good icos which can use blockchain technology to solve the current pain point.
I found Musicoin as a great project as it is a non profit project, when there is so much greed, its nice to find something nice.


@phoenixdowndee

This is an excellent summary to find the perfect ICO.
Nothing to add.

@mohucool
Yeah! You're right. A lot of people try to get out while the going is good and sometimes, there is nothing concrete behind all that. And actually more and more people begin to turn their attention to cryptocurrencies. So, it's really hard to say if all this is a true and strong innovation or if it's only a speculative bubble which could burst at any moment. Just like the Internet bubble in 2001...


Thanks for the kind feedback, always nice to hear it Smiley Just trial and error in investing in a few projects.
hero member
Activity: 672
Merit: 501
August 30, 2017, 10:35:13 AM
#20
There has been an explosion of ICO's and i agree it makes it harder to find a good project from a bad one. But it is like any investment, you just need to do your homework and really have a look around. Also I would pick a field that you are interested in. This is due to the fact that you might know how that specific industry is doing, and if this concept can really work.

I would look for these qualities :-

- Strong team - Both in development team and also the CEO's / marketing (People focus too much on the developers which is important but not everything. no point having a great team to create something, if nobody can advertise it and push the startup in the right direction.)
- Realistic vision - not aiming too high or if they do not reach their target everyone who invested will be disappointed
- Solid whitepaper - Well thought out, shows realistic goals, a strong good vision and a plan of action
- Strong social media presence - A social media that shows they are connected with everyone
- Good customer support - Shows they care, and they have invested time and money into making sure the average investor can ask questions
- Good website - A business who is willing to throw time and effort into a good website are less likely to be a scam
- finite supply - ICO's with no cap can be dangerous and can simply just damage their own coin by releasing more for more investment.
-Market they are getting involved with - Is this a new market? or a dying one? who controls the market?

Finally
- Good concept and catchy name - A good ethos and a name that makes them stand out. Personally i would avoid anything that is something "coin".

Personally i am looking at Crowdholding as it matches all the criteria i listed above and i am interested in their concept of co-creation. Also they are in their pre-sale so you can get a lot more tokens for you money, compared to ICO's.

https://ico.crowdholding.com/

Hope this helps you!

yes it helped me a lot, I am wondering how people are getting million of dollars in funding through without having a poc or demo products to show, mostly they are just adding word decentralized with all the services we already have like decentralize search, decentralize social network and so and so and every project is listing some coin, I think we will need separate wikipedia for coin list soon.
I am interested in music, foodtech, entertainment and mobile technology related some good icos which can use blockchain technology to solve the current pain point.
I found Musicoin as a great project as it is a non profit project, when there is so much greed, its nice to find something nice.


@phoenixdowndee

This is an excellent summary to find the perfect ICO.
Nothing to add.

@mohucool
Yeah! You're right. A lot of people try to get out while the going is good and sometimes, there is nothing concrete behind all that. And actually more and more people begin to turn their attention to cryptocurrencies. So, it's really hard to say if all this is a true and strong innovation or if it's only a speculative bubble which could burst at any moment. Just like the Internet bubble in 2001...
full member
Activity: 1036
Merit: 116
August 30, 2017, 10:32:50 AM
#19
There has been an explosion of ICO's and i agree it makes it harder to find a good project from a bad one. But it is like any investment, you just need to do your homework and really have a look around. Also I would pick a field that you are interested in. This is due to the fact that you might know how that specific industry is doing, and if this concept can really work.

I would look for these qualities :-

- Strong team - Both in development team and also the CEO's / marketing (People focus too much on the developers which is important but not everything. no point having a great team to create something, if nobody can advertise it and push the startup in the right direction.)
- Realistic vision - not aiming too high or if they do not reach their target everyone who invested will be disappointed
- Solid whitepaper - Well thought out, shows realistic goals, a strong good vision and a plan of action
- Strong social media presence - A social media that shows they are connected with everyone
- Good customer support - Shows they care, and they have invested time and money into making sure the average investor can ask questions
- Good website - A business who is willing to throw time and effort into a good website are less likely to be a scam
- finite supply - ICO's with no cap can be dangerous and can simply just damage their own coin by releasing more for more investment.
-Market they are getting involved with - Is this a new market? or a dying one? who controls the market?

Finally
- Good concept and catchy name - A good ethos and a name that makes them stand out. Personally i would avoid anything that is something "coin".

Personally i am looking at Crowdholding as it matches all the criteria i listed above and i am interested in their concept of co-creation. Also they are in their pre-sale so you can get a lot more tokens for you money, compared to ICO's.

https://ico.crowdholding.com/

Hope this helps you!

Thank you for this post, it does have some points that I haven't seen before. But your second last point is very difficult to say. Of course almost any ICO is involved with a market that isn't dying. I doubt there is any ICO trying to revive a failing or dead market. And even harder to determine is who controls it. We're ICO investors, not really super investigators Smiley

Thanks for the positive feedback. I will take your point on and i will think how to restructure that second to last  point Wink

I was merely suggesting that ICO's involved in larger more profitable sectors or do not have many competitors would be a better sign. For example i saw a cryptocurrency involved in the porn industry and another to do with the buying of sand. Although I imagine there is some money in that area, i think aiming for other industries would be more fruitful.

And i completely agree, I am a simple ICO investor as well Smiley
full member
Activity: 216
Merit: 250
August 30, 2017, 10:03:22 AM
#18
So u mean u want invest some ICO.. just find some hot ICO on bitcointalk then follow intruction.. If u don't known how to choose an ICO u can buy some ICO people interesting for research
legendary
Activity: 3010
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
August 30, 2017, 09:53:41 AM
#17
There are so many ICO's nowadays, how to tell if it is making some difference and good project in long run.
What I see in ico threads is all about bounties and listing on exchange, can you also tell me some genuine site which lists genuine icos with maximum details?

Thanks in advance Smiley
Icolist.com still become the best choice for you, to assess the ico you must have done some research to see the history and background of the ico itself. the innovative idea will brings you into a lot of profit or profitable investment. Like what was happened with some project that already brought a lot of money to the investors.
member
Activity: 84
Merit: 10
August 30, 2017, 09:35:03 AM
#16
Only one  crypto Deep onion have achieved successful in short term and let many of trading look for it and expecting a huge investment  for Deep onion
full member
Activity: 220
Merit: 101
Radix-The Decentralized Finance Protocol
August 30, 2017, 09:30:10 AM
#15
I made a long list of how I review an ICO project before investing in them (or taking them on as a client).

- Who is the founder, what is his/her background? (Have they built and sold a company before, or a new entrepreneur?)

- Why did they start this company?

- Does it seem like a novel idea?

- Do they have a professional website?

- Do they have a professional whitepaper? Does it have proper structure and language use, does it explain the problem, solution, team info, allocation of funds, development roadmap, etc.?

- Where is the team in their development? Is there something you can interact with now, or how long until the beta is ready for users to test?

- How much money are they looking to raise?

- How do you send them the money? Is there Escrow or direct to a company wallet?

- Why is the coin necessary? What is it used for? Can it be traded for other coins? When will it be listed on an exchange and become tradeable?

- Do they have social media accounts? (FB, Twitter, Steemit, Medium, Slack, Bitcoin Talk Forums, etc.)

- Have they posted their committed code to GitHub?

- Is the code solid? (You might need to find a technical person to help you evaluate that).

- How is their customer service and tech support doing on those media accounts?

- Are there any industry experts backing them financially or as advisors?

- Have they raised private investment capital before their ICO? (does a professional, career investor back them?)

--------------------------------------

I have invested tremendous effort and capital over the past 18 months researching and experiencing different aspects of the Industry.

I have been hired by clients to provide services such as Blockchain industry analysis, consulting, advising, public speaking, whitepaper editing/developing (I'm working on securing an English to Chinese translator), Pre-ICO / ICO fundraising (in China), and getting listed on Chinese exchanges.

great insight,thank you very much Smiley
sr. member
Activity: 532
Merit: 250
August 30, 2017, 09:25:34 AM
#14
There are many criteria like team, project, coin distribution, partnerships which you should consider before participating in a ico or bounty but not everyone is able to assess these criteria properly.
full member
Activity: 220
Merit: 101
Radix-The Decentralized Finance Protocol
August 30, 2017, 09:11:36 AM
#13
One genuine "ICO" IS Deeponion Which is giving free onions per week; their airdrop is on so you can learn from them. Join and get onions from deeponion https://deeponion.org/apply.php?ref=676934

Learn how they are doing in a community oriented way!

why they are giving free coins, can you please explain, are they investing their own money, I didn't understand the project,if I have to do some promotion for the coin for getting free tokens, then it's literally not free, it will be my earning.
hero member
Activity: 950
Merit: 517
August 30, 2017, 05:19:03 AM
#12
It's hard for me also to assess an ICO, but when it is in these website bitcointalk I just follow thus ICO whose bounty manager that I follow before because thus bounty manager are already trusted to handle any ICO on there hand and I'm pretty sure that ICO is not a scam and a success also.
full member
Activity: 462
Merit: 100
August 30, 2017, 04:29:15 AM
#11
I made a long list of how I review an ICO project before investing in them (or taking them on as a client).

- Who is the founder, what is his/her background? (Have they built and sold a company before, or a new entrepreneur?)

- Why did they start this company?

- Does it seem like a novel idea?

- Do they have a professional website?

- Do they have a professional whitepaper? Does it have proper structure and language use, does it explain the problem, solution, team info, allocation of funds, development roadmap, etc.?

- Where is the team in their development? Is there something you can interact with now, or how long until the beta is ready for users to test?

- How much money are they looking to raise?

- How do you send them the money? Is there Escrow or direct to a company wallet?

- Why is the coin necessary? What is it used for? Can it be traded for other coins? When will it be listed on an exchange and become tradeable?

- Do they have social media accounts? (FB, Twitter, Steemit, Medium, Slack, Bitcoin Talk Forums, etc.)

- Have they posted their committed code to GitHub?

- Is the code solid? (You might need to find a technical person to help you evaluate that).

- How is their customer service and tech support doing on those media accounts?

- Are there any industry experts backing them financially or as advisors?

- Have they raised private investment capital before their ICO? (does a professional, career investor back them?)

--------------------------------------

I have invested tremendous effort and capital over the past 18 months researching and experiencing different aspects of the Industry.

I have been hired by clients to provide services such as Blockchain industry analysis, consulting, advising, public speaking, whitepaper editing/developing (I'm working on securing an English to Chinese translator), Pre-ICO / ICO fundraising (in China), and getting listed on Chinese exchanges.
it seems that your experience of ico is very high, and not in accordance with your rating, with the explanation you give it may be a complaint everyone has missed here, my experience with ico only judging from their website, how their members work, who their campaign manager, and whether they have the social media you mentioned.
newbie
Activity: 4
Merit: 0
August 30, 2017, 03:50:25 AM
#10
I made a long list of how I review an ICO project before investing in them (or taking them on as a client).

- Who is the founder, what is his/her background? (Have they built and sold a company before, or a new entrepreneur?)

- Why did they start this company?

- Does it seem like a novel idea?

- Do they have a professional website?

- Do they have a professional whitepaper? Does it have proper structure and language use, does it explain the problem, solution, team info, allocation of funds, development roadmap, etc.?

- Where is the team in their development? Is there something you can interact with now, or how long until the beta is ready for users to test?

- How much money are they looking to raise?

- How do you send them the money? Is there Escrow or direct to a company wallet?

- Why is the coin necessary? What is it used for? Can it be traded for other coins? When will it be listed on an exchange and become tradeable?

- Do they have social media accounts? (FB, Twitter, Steemit, Medium, Slack, Bitcoin Talk Forums, etc.)

- Have they posted their committed code to GitHub?

- Is the code solid? (You might need to find a technical person to help you evaluate that).

- How is their customer service and tech support doing on those media accounts?

- Are there any industry experts backing them financially or as advisors?

- Have they raised private investment capital before their ICO? (does a professional, career investor back them?)

--------------------------------------

I have invested tremendous effort and capital over the past 18 months researching and experiencing different aspects of the Industry.

I have been hired by clients to provide services such as Blockchain industry analysis, consulting, advising, public speaking, whitepaper editing/developing (I'm working on securing an English to Chinese translator), Pre-ICO / ICO fundraising (in China), and getting listed on Chinese exchanges.
legendary
Activity: 2632
Merit: 1212
Livecasino, 20% cashback, no fuss payouts.
August 30, 2017, 03:37:29 AM
#9
There has been an explosion of ICO's and i agree it makes it harder to find a good project from a bad one. But it is like any investment, you just need to do your homework and really have a look around. Also I would pick a field that you are interested in. This is due to the fact that you might know how that specific industry is doing, and if this concept can really work.

I would look for these qualities :-

- Strong team - Both in development team and also the CEO's / marketing (People focus too much on the developers which is important but not everything. no point having a great team to create something, if nobody can advertise it and push the startup in the right direction.)
- Realistic vision - not aiming too high or if they do not reach their target everyone who invested will be disappointed
- Solid whitepaper - Well thought out, shows realistic goals, a strong good vision and a plan of action
- Strong social media presence - A social media that shows they are connected with everyone
- Good customer support - Shows they care, and they have invested time and money into making sure the average investor can ask questions
- Good website - A business who is willing to throw time and effort into a good website are less likely to be a scam
- finite supply - ICO's with no cap can be dangerous and can simply just damage their own coin by releasing more for more investment.
-Market they are getting involved with - Is this a new market? or a dying one? who controls the market?

Finally
- Good concept and catchy name - A good ethos and a name that makes them stand out. Personally i would avoid anything that is something "coin".

Personally i am looking at Crowdholding as it matches all the criteria i listed above and i am interested in their concept of co-creation. Also they are in their pre-sale so you can get a lot more tokens for you money, compared to ICO's.

https://ico.crowdholding.com/

Hope this helps you!

Thank you for this post, it does have some points that I haven't seen before. But your second last point is very difficult to say. Of course almost any ICO is involved with a market that isn't dying. I doubt there is any ICO trying to revive a failing or dead market. And even harder to determine is who controls it. We're ICO investors, not really super investigators Smiley
full member
Activity: 935
Merit: 105
August 30, 2017, 03:34:05 AM
#8
For a simple list of running and upcoming ICOs with link to their announcement and website, you can consult https://www.coingecko.com/ico?locale=en
newbie
Activity: 21
Merit: 0
August 30, 2017, 03:32:13 AM
#7
Doing research should give you a pretty good understanding of what your looking for.
hero member
Activity: 1302
Merit: 540
August 30, 2017, 02:38:24 AM
#6
well big back up team behind is very important plus the goal of the project if that will be useful in the next following years, ico is the intro of certain product so if there's a good team and a good venue to showcase their product it will be supported by the investors and traders which also looking for
opportunities vice versa if the team being supported the project development will proceed bring more applicable and usable projects.
sr. member
Activity: 1666
Merit: 267
Earn bitcoins every hour: USBitcoinServices.com
August 30, 2017, 02:22:04 AM
#5
One genuine "ICO" IS Deeponion Which is giving free onions per week; their airdrop is on so you can learn from them. Join and get onions from deeponion https://deeponion.org/apply.php?ref=676934

Learn how they are doing in a community oriented way!
full member
Activity: 220
Merit: 101
Radix-The Decentralized Finance Protocol
August 29, 2017, 07:48:39 PM
#4
There has been an explosion of ICO's and i agree it makes it harder to find a good project from a bad one. But it is like any investment, you just need to do your homework and really have a look around. Also I would pick a field that you are interested in. This is due to the fact that you might know how that specific industry is doing, and if this concept can really work.

I would look for these qualities :-

- Strong team - Both in development team and also the CEO's / marketing (People focus too much on the developers which is important but not everything. no point having a great team to create something, if nobody can advertise it and push the startup in the right direction.)
- Realistic vision - not aiming too high or if they do not reach their target everyone who invested will be disappointed
- Solid whitepaper - Well thought out, shows realistic goals, a strong good vision and a plan of action
- Strong social media presence - A social media that shows they are connected with everyone
- Good customer support - Shows they care, and they have invested time and money into making sure the average investor can ask questions
- Good website - A business who is willing to throw time and effort into a good website are less likely to be a scam
- finite supply - ICO's with no cap can be dangerous and can simply just damage their own coin by releasing more for more investment.
-Market they are getting involved with - Is this a new market? or a dying one? who controls the market?

Finally
- Good concept and catchy name - A good ethos and a name that makes them stand out. Personally i would avoid anything that is something "coin".

Personally i am looking at Crowdholding as it matches all the criteria i listed above and i am interested in their concept of co-creation. Also they are in their pre-sale so you can get a lot more tokens for you money, compared to ICO's.

https://ico.crowdholding.com/

Hope this helps you!

yes it helped me a lot, I am wondering how people are getting million of dollars in funding through without having a poc or demo products to show, mostly they are just adding word decentralized with all the services we already have like decentralize search, decentralize social network and so and so and every project is listing some coin, I think we will need separate wikipedia for coin list soon.
I am interested in music, foodtech, entertainment and mobile technology related some good icos which can use blockchain technology to solve the current pain point.
I found Musicoin as a great project as it is a non profit project, when there is so much greed, its nice to find something nice.
full member
Activity: 1036
Merit: 116
August 29, 2017, 07:25:46 PM
#3
There has been an explosion of ICO's and i agree it makes it harder to find a good project from a bad one. But it is like any investment, you just need to do your homework and really have a look around. Also I would pick a field that you are interested in. This is due to the fact that you might know how that specific industry is doing, and if this concept can really work.

I would look for these qualities :-

- Strong team - Both in development team and also the CEO's / marketing (People focus too much on the developers which is important but not everything. no point having a great team to create something, if nobody can advertise it and push the startup in the right direction.)
- Realistic vision - not aiming too high or if they do not reach their target everyone who invested will be disappointed
- Solid whitepaper - Well thought out, shows realistic goals, a strong good vision and a plan of action
- Strong social media presence - A social media that shows they are connected with everyone
- Good customer support - Shows they care, and they have invested time and money into making sure the average investor can ask questions
- Good website - A business who is willing to throw time and effort into a good website are less likely to be a scam
- finite supply - ICO's with no cap can be dangerous and can simply just damage their own coin by releasing more for more investment.
-Market they are getting involved with - Is this a new market? or a dying one? who controls the market?

Finally
- Good concept and catchy name - A good ethos and a name that makes them stand out. Personally i would avoid anything that is something "coin".

Personally i am looking at Crowdholding as it matches all the criteria i listed above and i am interested in their concept of co-creation. Also they are in their pre-sale so you can get a lot more tokens for you money, compared to ICO's.

https://ico.crowdholding.com/

Hope this helps you!
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