Here all the points for all ICO investors should study before jumping into an ICO.
1.Team
This is the first thing an investor should analyze. It goes without saying that projects that do not give information on their team are an absolute no. A strong team is the most important indicator of a legitimate project and dramatically reduces the chances of an ICO failing. Investors should always do a thorough background check. It is important to see if they were part of successful businesses before. Blockchain experience is not a norm, since it is a very recent technology. The CTO might not have previously worked on a Blockchain project, but if he has a proven track record of success, whether on a personal project or on a tech firm, chances of success are higher.
2. Media and Community
Any reputable media attention about the project is important to consider. Many projects might not have a lot of media attention, and in these cases, it is important to check for online discussions and forums that judge the project in a more objective manner than self-produced content. Social media communities in sites like Reddit, Twitter, and Facebook can provide us with the objective view we mentioned.
3. Timeline
The timeline of a project is also a very important consideration. Projects should always have a defined and realistic roadmap with set milestones. Additionally, investors should know if the project is in an alpha, beta, or prototype stage. A project just having a whitepaper even after the ICO has started, is not the best sign. We recommend most investors to look for ICOs that have an MVP or some similar demo/prototype that proves that the product will actually work.
4. White Paper
This is where the central idea of the project is presented. Investors can note if the project makes actual sense. Good writing and a clear presentation of the idea is essential.
If you are looking for an ICO which is not just reliable but will also give you good returns. The ICO name is INCODIUM.
Incodium is an API-based smart contract solution platform to provide potential investors a way to cope up with the threat of cryptocurrency exchange hacking by providing a ‘smart compensation protection’ service for eligible victims.
For more information and press releases regarding INCODIUM visit:
https://coindelite.com/