Topic: How to choose a good ICO, what criteria? - page 5. (Read 801 times)
A good ico has several indications, not just one so if you want to see it see it and judge it in an objective perspective moreover do not rely on others opinions rather than your owns and judge each term including the team, the invested amount , the roadmap, the core technology , and the establishment, the support from other coins whether they are using any others blockchain.
First time you have to see how much rating is given on the ICO, the greater the score means the ICO is good. The second is a clear and purposeful in them white paper and allows to help our ease in terms of new things and innovations. Third note the official website, there is usually written in detail related to the details of an ICO is running, such as price per token, duration token sale etc. Then also the popularity in social media such as the number of likes and followers also indicate that the ICO is already known by many people. It's in my personal opinion and that's all I know.
ICOs may seem as perfect opportunity for those who wish to start a new business without any loans from banks. But as an investor I would not trust too much to ICOs, coz the time proved that the most of them are simply scam and not effective. On the government's place I would put such projects under control and that would safe a lot of people from being cheated.
I first look at the development team, the website (in my opinion on the personal site you can immediately see whether it is worth taking on the company) and of course white paper.
Generally speaking, I only care about the technical team of the ICO project and the code base of the white paper and gtihub. If these are all excellent, then I will choose to invest.
Steps to evaluate a good ICO:
1 Overall rating (overview)
2 main page
3 Power Forum (Forum)
4 Transaction Graph (Chart)
5 Trading volume (volume) 24h
6 Scale of investment capital (Market Cap)
7 Price rate
8 Papers proving ... (POS, POW, DPOS)
9 Current Supply (Current Offer)
10 Total supply (Total supply)
11 time a block (s)
12 Master / Supper / Full buttons
13 Mining / Ritual / Havest / Reward
Section / block
15 Budget for finance
16 development teams (development team)
The Elements
18 smart contracts
19 Reward mechanism (Reward)
MultiSig
21 Transaction Fee (Fee)
22 Block size (Blocksize);
23 Purse Purse (wallet)
24 Send Message (Private Message)
25 Inflation (Inflation)
26 Compare crypto with industry
27 WhitePaper
28 Path clearly visible
29 live support (slack, tele)
30 Youtube channels
Social Network (FB, steemit)
32 Twitter channels
33 Blockchain Explorer
34 fully hidden
35 new blockchain / new technology
36 Testnet
37 payment utilities
38 Practical applications
39 Example Name (Alias)
And through the 39 criteria above, I choose AION, ICON, NEO, WANCHAIN, BITDGREE, CURRENT !!
The list is cool, but it's too long for evaluation of every ico project. It is too time-consuming. Other things just can't be known during the ico stage. There's no market capitalization, price, trading volume and transaction graph at that time. Some points from the list are rather hard to understand, like 28, people can disagree on such matters. I would say that the most important things are good project description, minimum competitors in that sphere, nice investors and interest of crypto community (lot's of pages in ann thread, thousands of subscribers in social networks. 1 Overall rating (overview)
2 main page
3 Power Forum (Forum)
4 Transaction Graph (Chart)
5 Trading volume (volume) 24h
6 Scale of investment capital (Market Cap)
7 Price rate
8 Papers proving ... (POS, POW, DPOS)
9 Current Supply (Current Offer)
10 Total supply (Total supply)
11 time a block (s)
12 Master / Supper / Full buttons
13 Mining / Ritual / Havest / Reward
Section / block
15 Budget for finance
16 development teams (development team)
The Elements
18 smart contracts
19 Reward mechanism (Reward)
MultiSig
21 Transaction Fee (Fee)
22 Block size (Blocksize);
23 Purse Purse (wallet)
24 Send Message (Private Message)
25 Inflation (Inflation)
26 Compare crypto with industry
27 WhitePaper
28 Path clearly visible
29 live support (slack, tele)
30 Youtube channels
Social Network (FB, steemit)
32 Twitter channels
33 Blockchain Explorer
34 fully hidden
35 new blockchain / new technology
36 Testnet
37 payment utilities
38 Practical applications
39 Example Name (Alias)
And through the 39 criteria above, I choose AION, ICON, NEO, WANCHAIN, BITDGREE, CURRENT !!
Pretty a long list. You may be late for a token sale while you are going through all these points 
it is a good theoretical base, but in practice people usually go with around 30% of what you've mentioned.
it is a good theoretical base, but in practice people usually go with around 30% of what you've mentioned.
1. Description of the project
2. The team
3. Advisors
4. The way tokens are being distributed
3. Business model
4. Roadmap
6. Investors. A popular fund, which believes in the ICO - a good sign!
8. ICO listing.
9. Detailed whitepaper
2. The team
3. Advisors
4. The way tokens are being distributed
3. Business model
4. Roadmap
6. Investors. A popular fund, which believes in the ICO - a good sign!
8. ICO listing.
9. Detailed whitepaper
To determine a worthy ICO, you always need to understand that ICOs are considered high-reward but also high-risk investment ventures; therefore it’s required to consider some very important aspects before investing. Let’s look into the main keys to pay attention to.
✅ First of all, ask yourself: Does the project need to be done on Blockchain? Is it really necessary to create a new cryptocurrency for its work? If there’s a real need to do everything on Blockchain and it hasn’t been started solely for the purpose to stay on trend, then this idea is definitely worth reviewing.
✅ Find out as much information as you can about the team. Is the team approachable? It means that they answer questions in a timely manner and are taking feedback and giving updates on progress in all details.
✅ Decide whether the project has a reachable roadmap and well-developed future plans.
✅ Consider whether the tokens will have any value after the ICO.
✅ Keep an eye on all ICO presentations in mass media and listen to what other people think.
✅ Is the website solid and well-designed? Keep this in mind, because websites represent the company’s face before potential investors.
✅ First of all, ask yourself: Does the project need to be done on Blockchain? Is it really necessary to create a new cryptocurrency for its work? If there’s a real need to do everything on Blockchain and it hasn’t been started solely for the purpose to stay on trend, then this idea is definitely worth reviewing.
✅ Find out as much information as you can about the team. Is the team approachable? It means that they answer questions in a timely manner and are taking feedback and giving updates on progress in all details.
✅ Decide whether the project has a reachable roadmap and well-developed future plans.
✅ Consider whether the tokens will have any value after the ICO.
✅ Keep an eye on all ICO presentations in mass media and listen to what other people think.
✅ Is the website solid and well-designed? Keep this in mind, because websites represent the company’s face before potential investors.
I suppose there are too many criteria... I believe there must be white paper (and of course, thoroughly examine it), and it is necessary to "test" the development team whether they are real...
There sure too many criteria, Indeed.
But one of the strength of an ICO or a blockchain project is their social community especially telegram channel communities because active members can really do a lot of differences. When you bump into their communities, you could tell that admin and active members are responsive and all your queries are answered.
There are ICOs that has those good criteria lists but their Telegram Channel are terrible, stay away from them.
There are few things, which you should take into consideration, while deciding, whether to invest your money or not:
1. Description of the project
2. The way tokens are being distributed
3.Business medel
4.Roadmap. How long? Which steps and stages?
5.The team per se
6. Media channels, the way they communicate with the audience
7.Investors. A popular fund, which believes in the ICO - a good sign!
8.ICO listing.
9.Detailed whitepaper
10.Smart contracts
I think this post is much simpler to understand and choose the kind and determine a good ICO I need to add again,. if you want to choose a good ICO see their activities in promoting their projects usually if they are active in attending events in various cripto meetings there they can be rated as a good ICO 1. Description of the project
2. The way tokens are being distributed
3.Business medel
4.Roadmap. How long? Which steps and stages?
5.The team per se
6. Media channels, the way they communicate with the audience
7.Investors. A popular fund, which believes in the ICO - a good sign!
8.ICO listing.
9.Detailed whitepaper
10.Smart contracts
Steps to evaluate a good ICO:
1 Overall rating (overview)
2 main page
3 Power Forum (Forum)
4 Transaction Graph (Chart)
5 Trading volume (volume) 24h
6 Scale of investment capital (Market Cap)
7 Price rate
8 Papers proving ... (POS, POW, DPOS)
9 Current Supply (Current Offer)
10 Total supply (Total supply)
11 time a block (s)
12 Master / Supper / Full buttons
13 Mining / Ritual / Havest / Reward
Section / block
15 Budget for finance
16 development teams (development team)
The Elements
18 smart contracts
19 Reward mechanism (Reward)
MultiSig
21 Transaction Fee (Fee)
22 Block size (Blocksize);
23 Purse Purse (wallet)
24 Send Message (Private Message)
25 Inflation (Inflation)
26 Compare crypto with industry
27 WhitePaper
28 Path clearly visible
29 live support (slack, tele)
30 Youtube channels
Social Network (FB, steemit)
32 Twitter channels
33 Blockchain Explorer
34 fully hidden
35 new blockchain / new technology
36 Testnet
37 payment utilities
38 Practical applications
39 Example Name (Alias)
And through the 39 criteria above, I choose AION, ICON, NEO, WANCHAIN, BITDGREE, CURRENT !!
1 Overall rating (overview)
2 main page
3 Power Forum (Forum)
4 Transaction Graph (Chart)
5 Trading volume (volume) 24h
6 Scale of investment capital (Market Cap)
7 Price rate
8 Papers proving ... (POS, POW, DPOS)
9 Current Supply (Current Offer)
10 Total supply (Total supply)
11 time a block (s)
12 Master / Supper / Full buttons
13 Mining / Ritual / Havest / Reward
Section / block
15 Budget for finance
16 development teams (development team)
The Elements
18 smart contracts
19 Reward mechanism (Reward)
MultiSig
21 Transaction Fee (Fee)
22 Block size (Blocksize);
23 Purse Purse (wallet)
24 Send Message (Private Message)
25 Inflation (Inflation)
26 Compare crypto with industry
27 WhitePaper
28 Path clearly visible
29 live support (slack, tele)
30 Youtube channels
Social Network (FB, steemit)
32 Twitter channels
33 Blockchain Explorer
34 fully hidden
35 new blockchain / new technology
36 Testnet
37 payment utilities
38 Practical applications
39 Example Name (Alias)
And through the 39 criteria above, I choose AION, ICON, NEO, WANCHAIN, BITDGREE, CURRENT !!
These are criteria on checking if the ICO is good, well. Today everything in the internet can be faked because scammers and bogus individual are now smarter than the legitimate ICOs.
And one thing, AION, ICON, NEO, WANCHAIN, BITDGREE, Current are not ICOs anymore, they're called altcoins today.
Choosing good ICOs through this guide are nothing because in y own experiences, Telegram Channel communities can tell a lot of differences. There are ICOs that has no social communities, stay away from them.
I suppose there are too many criteria... I believe there must be white paper (and of course, thoroughly examine it), and it is necessary to "test" the development team whether they are real...
Steps to evaluate a good ICO:
1 Overall rating (overview)
...
39 Example Name (Alias)
1 Overall rating (overview)
...
39 Example Name (Alias)
Firstly I wanted to say everything what I'm thinking of that kind of people who is not using search and breeding the hundreds of same topics but then I saw your table 1-39. Well, what can I say? Pretty nice table. We should link all that stone-headed fulls to that thread.
The list is comprehensive and a very good check.
For me, the best criteria is how strong the community is. If there is a telegram community with active members more than 5000 people it is a very good sign. Active ICOs also give regular feedback to community and join important crypto meetings, conferences. Secondly, the transparency of the team members and their activity is a must.
For me, the best criteria is how strong the community is. If there is a telegram community with active members more than 5000 people it is a very good sign. Active ICOs also give regular feedback to community and join important crypto meetings, conferences. Secondly, the transparency of the team members and their activity is a must.
ICO is just a stage of coin's development, then it becomes another coin in the list among many. I believe people are choosing icos BEFORE the token/coin distribution, since later nobody cares how the coin got released. That is why some of your points don't make much sense. 5, 6 can't be known during ico stage as the coin is not traded yet. Oh, and you say you choose NEO - well, the coin did have an ico campaign, but it was a long time ago, whereas now it is just available on exchanges.
Steps to evaluate a good ICO:
1 Overall rating (overview)
2 main page
3 Power Forum (Forum)
4 Transaction Graph (Chart)
5 Trading volume (volume) 24h
6 Scale of investment capital (Market Cap)
7 Price rate
8 Papers proving ... (POS, POW, DPOS)
9 Current Supply (Current Offer)
10 Total supply (Total supply)
11 time a block (s)
12 Master / Supper / Full buttons
13 Mining / Ritual / Havest / Reward
Section / block
15 Budget for finance
16 development teams (development team)
The Elements
18 smart contracts
19 Reward mechanism (Reward)
MultiSig
21 Transaction Fee (Fee)
22 Block size (Blocksize);
23 Purse Purse (wallet)
24 Send Message (Private Message)
25 Inflation (Inflation)
26 Compare crypto with industry
27 WhitePaper
28 Path clearly visible
29 live support (slack, tele)
30 Youtube channels
Social Network (FB, steemit)
32 Twitter channels
33 Blockchain Explorer
34 fully hidden
35 new blockchain / new technology
36 Testnet
37 payment utilities
38 Practical applications
39 Example Name (Alias)
And through the 39 criteria above, I choose AION, ICON, NEO, WANCHAIN, BITDGREE, CURRENT !!
I think you are careful enough and you can earn enough money with the ones yuou choose. 1 Overall rating (overview)
2 main page
3 Power Forum (Forum)
4 Transaction Graph (Chart)
5 Trading volume (volume) 24h
6 Scale of investment capital (Market Cap)
7 Price rate
8 Papers proving ... (POS, POW, DPOS)
9 Current Supply (Current Offer)
10 Total supply (Total supply)
11 time a block (s)
12 Master / Supper / Full buttons
13 Mining / Ritual / Havest / Reward
Section / block
15 Budget for finance
16 development teams (development team)
The Elements
18 smart contracts
19 Reward mechanism (Reward)
MultiSig
21 Transaction Fee (Fee)
22 Block size (Blocksize);
23 Purse Purse (wallet)
24 Send Message (Private Message)
25 Inflation (Inflation)
26 Compare crypto with industry
27 WhitePaper
28 Path clearly visible
29 live support (slack, tele)
30 Youtube channels
Social Network (FB, steemit)
32 Twitter channels
33 Blockchain Explorer
34 fully hidden
35 new blockchain / new technology
36 Testnet
37 payment utilities
38 Practical applications
39 Example Name (Alias)
And through the 39 criteria above, I choose AION, ICON, NEO, WANCHAIN, BITDGREE, CURRENT !!
Steps to evaluate a good ICO:
1 Overall rating (overview)
2 main page
3 Power Forum (Forum)
4 Transaction Graph (Chart)
5 Trading volume (volume) 24h
6 Scale of investment capital (Market Cap)
7 Price rate
8 Papers proving ... (POS, POW, DPOS)
9 Current Supply (Current Offer)
10 Total supply (Total supply)
11 time a block (s)
12 Master / Supper / Full buttons
13 Mining / Ritual / Havest / Reward
Section / block
15 Budget for finance
16 development teams (development team)
The Elements
18 smart contracts
19 Reward mechanism (Reward)
MultiSig
21 Transaction Fee (Fee)
22 Block size (Blocksize);
23 Purse Purse (wallet)
24 Send Message (Private Message)
25 Inflation (Inflation)
26 Compare crypto with industry
27 WhitePaper
28 Path clearly visible
29 live support (slack, tele)
30 Youtube channels
Social Network (FB, steemit)
32 Twitter channels
33 Blockchain Explorer
34 fully hidden
35 new blockchain / new technology
36 Testnet
37 payment utilities
38 Practical applications
39 Example Name (Alias)
And through the 39 criteria above, I choose AION, ICON, NEO, WANCHAIN, BITDGREE, CURRENT !!
What you write is very complicated and takes a long time, tips from me to find the legit ico is to read the white paper, whether they have a product that already works or not, that's all. 1 Overall rating (overview)
2 main page
3 Power Forum (Forum)
4 Transaction Graph (Chart)
5 Trading volume (volume) 24h
6 Scale of investment capital (Market Cap)
7 Price rate
8 Papers proving ... (POS, POW, DPOS)
9 Current Supply (Current Offer)
10 Total supply (Total supply)
11 time a block (s)
12 Master / Supper / Full buttons
13 Mining / Ritual / Havest / Reward
Section / block
15 Budget for finance
16 development teams (development team)
The Elements
18 smart contracts
19 Reward mechanism (Reward)
MultiSig
21 Transaction Fee (Fee)
22 Block size (Blocksize);
23 Purse Purse (wallet)
24 Send Message (Private Message)
25 Inflation (Inflation)
26 Compare crypto with industry
27 WhitePaper
28 Path clearly visible
29 live support (slack, tele)
30 Youtube channels
Social Network (FB, steemit)
32 Twitter channels
33 Blockchain Explorer
34 fully hidden
35 new blockchain / new technology
36 Testnet
37 payment utilities
38 Practical applications
39 Example Name (Alias)
And through the 39 criteria above, I choose AION, ICON, NEO, WANCHAIN, BITDGREE, CURRENT !!
Steps to evaluate a good ICO:
1 Overall rating (overview)
2 main page
3 Power Forum (Forum)
4 Transaction Graph (Chart)
5 Trading volume (volume) 24h
6 Scale of investment capital (Market Cap)
7 Price rate
8 Papers proving ... (POS, POW, DPOS)
9 Current Supply (Current Offer)
10 Total supply (Total supply)
11 time a block (s)
12 Master / Supper / Full buttons
13 Mining / Ritual / Havest / Reward
Section / block
15 Budget for finance
16 development teams (development team)
The Elements
18 smart contracts
19 Reward mechanism (Reward)
MultiSig
21 Transaction Fee (Fee)
22 Block size (Blocksize);
23 Purse Purse (wallet)
24 Send Message (Private Message)
25 Inflation (Inflation)
26 Compare crypto with industry
27 WhitePaper
28 Path clearly visible
29 live support (slack, tele)
30 Youtube channels
Social Network (FB, steemit)
32 Twitter channels
33 Blockchain Explorer
34 fully hidden
35 new blockchain / new technology
36 Testnet
37 payment utilities
38 Practical applications
39 Example Name (Alias)
And through the 39 criteria above, I choose AION, ICON, NEO, WANCHAIN, BITDGREE, CURRENT !!
1 Overall rating (overview)
2 main page
3 Power Forum (Forum)
4 Transaction Graph (Chart)
5 Trading volume (volume) 24h
6 Scale of investment capital (Market Cap)
7 Price rate
8 Papers proving ... (POS, POW, DPOS)
9 Current Supply (Current Offer)
10 Total supply (Total supply)
11 time a block (s)
12 Master / Supper / Full buttons
13 Mining / Ritual / Havest / Reward
Section / block
15 Budget for finance
16 development teams (development team)
The Elements
18 smart contracts
19 Reward mechanism (Reward)
MultiSig
21 Transaction Fee (Fee)
22 Block size (Blocksize);
23 Purse Purse (wallet)
24 Send Message (Private Message)
25 Inflation (Inflation)
26 Compare crypto with industry
27 WhitePaper
28 Path clearly visible
29 live support (slack, tele)
30 Youtube channels
Social Network (FB, steemit)
32 Twitter channels
33 Blockchain Explorer
34 fully hidden
35 new blockchain / new technology
36 Testnet
37 payment utilities
38 Practical applications
39 Example Name (Alias)
And through the 39 criteria above, I choose AION, ICON, NEO, WANCHAIN, BITDGREE, CURRENT !!
you poor folks there is no way you will succeed with this bullshit, next successful ico will be the currency of your local community that pays for people that baked bread
It is a great list, but if I always checked on every step, I'd always be late for token sales it is all good, but there's no need to do So much research. I can go with max ten of them.
it is all good, but there's no need to do So much research. I can go with max ten of them. Jump to: