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Topic: How to choose good ICO? (Read 1615 times)

legendary
Activity: 1092
Merit: 1001
August 23, 2017, 05:23:23 PM
#49
It is difficult to say that, nowadays there are not good ICO's at all. But if you wanna invest into one, then you might do a good research.
When i want to invest into one, i take too much care about those features:
* How much money have they invested into their signature campaing (If they have one)
* Their socialmedia campaing
* Their Whitepaper
And also i do a good research about the funders, if have they had any scam acussation or not, i think that is one of the most important things
full member
Activity: 611
Merit: 100
August 23, 2017, 05:19:02 PM
#48
You should do research about the ico that you went to invest on it and all developments of the ico since the establishment of the project until its launch of the ico
full member
Activity: 1036
Merit: 116
August 23, 2017, 04:20:04 PM
#47
For me there are a few signs to look for in a good ICO

- Strong team - Both in development team and also the CEO's / marketing (no point having a great team to create something, if nobody can advertsie 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".
full member
Activity: 194
Merit: 100
August 23, 2017, 03:47:54 PM
#46
I am looking and assesing an ICO if it would be successful by looking on their projects overview or whitepaper since ICO's success would depend on investors they muust have and promising and convincing project but must still be realistic. I also take a look on the team as well as website if it looks neat and not rushed.
sr. member
Activity: 1414
Merit: 254
August 23, 2017, 02:36:48 PM
#45
It would be very good if you do your own research about that project which you want to invest. If can't just look at people's responses about that project. That's the easiest thing to do.
full member
Activity: 728
Merit: 101
The Standard Protocol - Solving Inflation
August 23, 2017, 12:26:00 PM
#44
is good ico
1 plan project
2 dev team, must experience, not only buy account btt, account must hero member
3 use escrow and campaign manager, ussualy ico selling use tokenmarket is good coin and good rate after added to exchanger

 yes i agree. ICO should have a plan for their future to sustain. a great team and an experience team would make his ico success. and the block management is something cruci factor of success too.
full member
Activity: 278
Merit: 115
GIF by SOCIFI
August 23, 2017, 11:42:12 AM
#43
First we need to look at the platform of the project
2. Consider the product that the project wants to develop and the team, the road map of the project
3. The communications department of the project must work well
hero member
Activity: 1246
Merit: 529
CryptoTalk.Org - Get Paid for every Post!
August 23, 2017, 11:08:43 AM
#42
I usually research about the dev team behind an ico before i invest because that would determine how the ico will move forward. If it has a good dev team, you'll know by reading threads and comments here.
full member
Activity: 602
Merit: 101
http://scientificcoin.com/
August 23, 2017, 10:55:37 AM
#41
Many good answers here: I would also focus on the community who will have to support and grow the cryptocurrency. Of course, it's not easy to identify it (if it's not indicated in the WP) and evaluate pros/cons but it's something that investors should do.
Also, look if the Cryptocurrencies is really solving a issues that can't be solved traditionally
newbie
Activity: 4
Merit: 0
August 23, 2017, 10:37:03 AM
#40
I have the same question with OP. It look like really hard to know what is the good one to invest cause there are too many ICO project in here and the number of ICO is increasing everyday Cheesy
newbie
Activity: 8
Merit: 0
August 23, 2017, 10:28:49 AM
#39
I agree with this logics https://medium.com/@muneeb/5-star-system-6c27a0eb4a1c

I noticed there are plenty of ICOs with no even a line of code, and they still rise funds. HOOOW come??

Most of what people mentioned here I can agree, just maybe previous successful experience with ICO is not what matters the most. Is a PLUS, for sure, but people learn more from mistakes than from success  Grin
sr. member
Activity: 728
Merit: 254
August 23, 2017, 10:14:46 AM
#38
Help please, what are the most important things to look before investing in ICO.
please DON'T send recommendation and DON'T promote your ICO just share your knowledge and experience.
what will be the top 3 points to look at?

Thanks
i think the best thing for you to do before investing on any project is knowing what you actually want in return for your investment (money) i see ICO projects as one of the quickest method scammers use this days to scam investors, in this resent time, almost everywhere you go you see ICO projects waiting to be launched. and differentiating the good eggs from the bad ones could  be somehow challenging at time. when investing on ICO project one thing you shouldn't try doing, is, trying to be greedy! must people that had been scam through ICO project get knock down by scammers due to their self greediness! don't expect much and don't expect less, make sure you do a proper research of the project you are investing on, try to  know at-least 30% of the people/company involved, know their aims and objectives, know how transparent they are, are they active in-terms of complaint? these are the things you need to put into consideration when investing  
thanks and best regards
full member
Activity: 364
Merit: 105
August 23, 2017, 10:13:58 AM
#37
You need to do some digging about the project team,their past experiences and achievement.
secondly read the white paper and access their business model and project aim.
how their project can be utilized with blockchain and smart contracts
full member
Activity: 948
Merit: 110
August 23, 2017, 10:08:27 AM
#36
You can see the development of an ico, who campaign manager and their ico members and if they are already experienced, and you can also see if ico is always active and always update or not ,,
sr. member
Activity: 404
Merit: 250
August 23, 2017, 10:08:17 AM
#35

I am also confused to choose a promising ICO project, and I find that some hot projects hardly show on this forum, such Omseigo, and also there are so many ICO projects come out here, thank you for this thread.
sr. member
Activity: 462
Merit: 250
August 23, 2017, 10:02:59 AM
#34
Study their business plan and strategies they use in order to attract auditory.
Dev & tech team. How experienced they are. Check their portfolio if you have a chance.
Is there a positive or negative feedback.
newbie
Activity: 2
Merit: 0
August 23, 2017, 10:02:17 AM
#33
**Check the website. Do they have a .biz or a really cheap non exlusive domain? Not always an indication of a bad coin, but could be.

**Read the whitepaper and really READ it. Do they have an actual plan for implementation, and what are their short/med/long term goals for the coin?

**Is the coin premined or how is it distributed? Premined coins can suck and be unfair or an indication of a non sustainable coin.

**What does their website, logo, documentation look like? They should have a look that will attract people and not look like it was designed in Microsoft Paint.

There are many more and others have listed a lot of the same, but these are just some I look for.
full member
Activity: 1554
Merit: 116
0xe25ce19226C3CE65204570dB8D6c6DB1E9Df74AC
August 23, 2017, 09:54:12 AM
#32
I don't really care about what the ICO has to offer
But I want to make sure I can get maximum profit out from it.
I want the ico to give as much coin as possible, dividend, gas, capital gain, everything, I don't want to miss any of them. Grin
And yeah the reason to invest in any investment, is in the end, for the profit it could offer.
I think most ICO are scams, and they are only interested in your Bitcoin or your fiat money, never get into this scam easily. Roll Eyes
member
Activity: 154
Merit: 14
August 23, 2017, 09:53:52 AM
#31
There are five basic principles of company verification, before investing:
1) The product that the company makes is needed by the market.
2) The company must have a road map, with a full financial plan.
3) The company is people, so you need to know the command
4) The company should be able to easily expand.
5) The company should have an icon, a person who will move this company forward

All these rules apply to the ICO
full member
Activity: 406
Merit: 100
August 23, 2017, 09:46:30 AM
#30
Should pay attention to how the ico is in the future, pay attention to how the concept of ico whether it makes sense or not, the concept of making it clear and know who the team is making ico
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