Topic: How to choose a good ICO. (Read 536 times)
You have to see the roadmap and what that indicates, if the roadmap says that they are going to develop technologies in a slow manner even after the end of the ICO then the ICO may not be a sustainable success, after receiving investment, it is necessary that the activities of the company should speed up.
The companies are judged by how much they trust their demand which is reflected in the number of coins they print, so if they print more coins then they are compensating for the lack of need of their company, also decreasing in value but check if they burn the excess coins after the ico.
The best way to check if this is a good ICO is how much investment amount is received, it is better to know the source of that investment amount but there is a direct connection between the investment an ico receives versus the chances of success of that coin for example if an ico receives 10 million in funding it may be a successful one.
Hi All!!
https://bitcointalksearch.org/topic/annpre-ico-golden-resources-3048215
it's online platform of gold mining company on Ethereum blockchain
All Tokens Golden Resource have an physical gold in real world.
1 000 GDR = 1 ounce gold
GDR - Coin by backed gold reserves of three gold deposits:
Lysogorsky deposit,Seybinsky deposit,Kuturchinsky square
Bounty campaign 19 weeks 02/03/2018-12/06/2018 https://bitcointalksearch.org/topic/bountypre-ico-ico-golden-resources-the-online-platform-of-a-gold-mining-3048054
Join!
https://bitcointalksearch.org/topic/annpre-ico-golden-resources-3048215
it's online platform of gold mining company on Ethereum blockchain
All Tokens Golden Resource have an physical gold in real world.
1 000 GDR = 1 ounce gold
GDR - Coin by backed gold reserves of three gold deposits:
Lysogorsky deposit,Seybinsky deposit,Kuturchinsky square
Bounty campaign 19 weeks 02/03/2018-12/06/2018 https://bitcointalksearch.org/topic/bountypre-ico-ico-golden-resources-the-online-platform-of-a-gold-mining-3048054
Join!
to be honest it has been a while since i have looked for new ico but just so you know here the standards that i use to participate in an ico either through a bounty program or by fund investing i look for three things: first the dev team and their background second the idea of the ico itself is it promising and inventive and at last but not least the crypto-community and how they interact with it and that what is inmost of time important to me.
In my point of view, besides reading everything about , searching information here in the forum, observing the comments, study the team and what Dev seeks to convey, to me, the biggest factor of a good ICO is the usefulness and necessity of the market i always mention this aspect, believe it is necessary.
Go to a separate branch of the forums and look at what would be better to go ICO for a better choice to look at their price policy and how many tasks to do for a successful conclusion. OSbo do not look for me where they say to do 100 posts a week, this is too much.
Thank you for such a great explanation, there is no doubt a very proper use of your research work to invest into some good ICOs without being fooled. But don’t you think that there are people who will try to misguide you?
For e.g. I have currently participated in HashGains ICO, I checked everything and purchased their tokens, and after that, I joined their telegram group and what I found was various people using the admin's name texting me from the same group and asking to transfer some of my funds to other address. I was convinced at a point but then again read the text, as they were scams and trying to take some portion of my investment.
This shook my trust and I deliberately started inquiring them when will my tokens get transferred. One of the admin took things personally and within 2 hours my tokens reflected in the dashboard.
People literally are posting them a scam, but I have received my tokens already.
Thus, it is good if you do a proper investigation of the project and their scope in the future and beware of fake people who are trying to fool you in the name of the company. Directly Contact the firm through their portal or their media channels where they are present officially and stay away from the scammers
Yes i do face these kind of problems, The culprit here is some scammers,they may be not linked with the project they are members like us.But they want to scam innocent peoples who have a little knowledge about scammers. I see many people's fall the trap of the scammers from Telegram groups. For e.g. I have currently participated in HashGains ICO, I checked everything and purchased their tokens, and after that, I joined their telegram group and what I found was various people using the admin's name texting me from the same group and asking to transfer some of my funds to other address. I was convinced at a point but then again read the text, as they were scams and trying to take some portion of my investment.
This shook my trust and I deliberately started inquiring them when will my tokens get transferred. One of the admin took things personally and within 2 hours my tokens reflected in the dashboard.
People literally are posting them a scam, but I have received my tokens already.
Thus, it is good if you do a proper investigation of the project and their scope in the future and beware of fake people who are trying to fool you in the name of the company. Directly Contact the firm through their portal or their media channels where they are present officially and stay away from the scammers
ICO's nowadays are number one money making system if you know how to make money from cryptocurrencies.
I myself investing on ICO's and they even returned me 10x of my investment. by the number of return you know how crazy the profit is!! But there is the question if the ICO' didn't hit exchange and didn't pass the test for exchange or simply the project is scam what will happen? The answer to the question is you loss your all money which you invested on the ICO. That is the truth about the ICO. So rude right?
Here is a solution,
1) Always invest what amount you afford to loss.
2) Do your own research about the coin before investment (don't listen anyone blindly because he
may also missing the key info)
3) Get to know about the project and know what will be the use of this token.
4) Always read the whitepapper and read Road map of the coin/token.
5) Follow them on social medias like twitter/facebook and on Telegram chat. I mean whole over the
Internet and collect peoples thoughts about the ICO.
That's it, you now know the basics of how to research about any ICO's.
Always try to find your own way to justify any ICO.
Upvote,Re-steem and follow and reply your own strategy so that we each other will learn new tips and strategy about selecting new ICO's.
THANKS for reading through.
if you find this helpful don't forget to Smerit my profile.
I myself investing on ICO's and they even returned me 10x of my investment. by the number of return you know how crazy the profit is!! But there is the question if the ICO' didn't hit exchange and didn't pass the test for exchange or simply the project is scam what will happen? The answer to the question is you loss your all money which you invested on the ICO. That is the truth about the ICO. So rude right?
Here is a solution,
1) Always invest what amount you afford to loss.
2) Do your own research about the coin before investment (don't listen anyone blindly because he
may also missing the key info)
3) Get to know about the project and know what will be the use of this token.
4) Always read the whitepapper and read Road map of the coin/token.
5) Follow them on social medias like twitter/facebook and on Telegram chat. I mean whole over the
Internet and collect peoples thoughts about the ICO.
That's it, you now know the basics of how to research about any ICO's.
Always try to find your own way to justify any ICO.
Upvote,Re-steem and follow and reply your own strategy so that we each other will learn new tips and strategy about selecting new ICO's.
THANKS for reading through.
if you find this helpful don't forget to Smerit my profile.
Carefully understand the staments written on the whit paper to guide you on the road map embarked, how long is this project what for,check the thread lines and also follow them on there twitter, Facebook, Instagram and telegram to asked critical questions that can guide you.
I trust people not the companies and projects. On my mind it is much better to pay attention first of all on the team of developers. They created a project and they are responsible for its further existence. So watch who are they.
Due to the fast growing development of crypto, we cant escaped from some groups of people destroying the image of this community. FUDs and scam projects are coming out. We cant imagine how fast to make money in crypto and some individuals may just make a way to benefits from others especially to those people who are new in here. It takes time for them to learn and they might get educated from their experience.
To choose a good ICO, you check some criterias
Team
Project
Total token supply
Adoption
Does it have a working product ?
Their would be more but this can serve as a starting point
This sums up everything you need to check before investing in an ICO. Team and idea is the most important. Team
Project
Total token supply
Adoption
Does it have a working product ?
Their would be more but this can serve as a starting point
in essence it really should be as you say. but not everyone is trying to do it
basic knowledge is the most important part of any investigation and analysis. experience plays an important role to compare ico who really has a good chance. I myself am still learning that
Well, firstly we have to say, that every ICO have 4 stages of development. Before the starting ICO research you have to understand that stages.
Let me explain:
Stage 1. Just an idea. People do not have anything. People create a branch, make lending and moving forward
You will be surprised, but such projects even collect money!
Stage 2. The White paper. Slightly deeper - people wrote an article, described their project. It is easier here - you can assess the adequacy of the authors and the possibility of implementing the idea. Understand the quality of the material.
Stage 3. The stage where the project has Github, and the minimum code (any working prototype will work).
Stage 4. With the full operation of the project and the software, and people need additional liquidity.
Let me explain:
Stage 1. Just an idea. People do not have anything. People create a branch, make lending and moving forward
You will be surprised, but such projects even collect money!Stage 2. The White paper. Slightly deeper - people wrote an article, described their project. It is easier here - you can assess the adequacy of the authors and the possibility of implementing the idea. Understand the quality of the material.
Stage 3. The stage where the project has Github, and the minimum code (any working prototype will work).
Stage 4. With the full operation of the project and the software, and people need additional liquidity.
Look at the team, make research, look if the people in the team are even real or information about them are real (there are many scams), check the previous projects of the team and their process. The key point is making research, not taking advices in any forum and take action accordingly, but pure research.
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well-thought on the post. I wish I could sMerit.Sorry brother, Merit System is a failure of this forum.
- It's not a failure in fact it already done a great deal of improvement. The idea of merit bringing on the table was very much necessary for the forum however you can blame the application label. It needs to be improvise to work better.
Check if there is a "TEAM" tab, and investigate on the team.
Also Ethereum is kind of framework, the company should have a beta or something already otherwise I dont know what they are coding.
Also Ethereum is kind of framework, the company should have a beta or something already otherwise I dont know what they are coding.
To choose a good ICO, you check some criterias
Team
Project
Total token supply
Adoption
Does it have a working product ?
Their would be more but this can serve as a starting point
Team
Project
Total token supply
Adoption
Does it have a working product ?
Their would be more but this can serve as a starting point
Their are many criteria when choosing an ICO. you need to look at several factors like, the team( how solid the team are), the token metrics , whether it has a working product or about to be launched , nice website , good social media presence ( telegram, twitter, Facebook ) exposure, and also, the amount to raise.
These are the factors while trying to choose a good ICO.
These are the factors while trying to choose a good ICO.
One of the key problems of many ICO projects is the inconsistency of the declared plans and real opportunities. The project can be revolutionary in nature, but not feasible on the technical side.
How can I check this? You should carefully study the white paper of the project. Even if you are not well versed in the relevant topic, the lack of structured and detailed information on the implementation of the project will catch your eye.
How can I check this? You should carefully study the white paper of the project. Even if you are not well versed in the relevant topic, the lack of structured and detailed information on the implementation of the project will catch your eye.
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