Pages:
Author

Topic: How to choose good ICO? - page 2. (Read 1615 times)

full member
Activity: 420
Merit: 101
August 23, 2017, 09:39:51 AM
#29
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
Top 3 Points before you choose ICO
1. Team ~> must be experienced
2. Project Plan ~> what they are offering
3. Web ~> Should look good, do not choose ICO with website using WordPress
hero member
Activity: 1148
Merit: 504
August 23, 2017, 09:36:23 AM
#28
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

You just have to know the project if it is worth your money. You can do this by reading the whitepaper and ANN and joining their slack channel so you can see what is happening on the project. Does it have a good devs or nice road map? Just getting in there and interacting with the devs, you can see if it will be a successful ICO or not.
newbie
Activity: 14
Merit: 0
August 23, 2017, 09:35:52 AM
#27
You should find community with good support firstly ,with real organizers contacts and with good idea  Wink
full member
Activity: 210
Merit: 100
August 23, 2017, 09:33:24 AM
#26
Firstly, you have to study their project, if their project has a big market demand, or their project can fulfill a badly needed solution to a problem. Secondly the composition of the team behind the project, are these people a well known in their respective position? Third is the uniqueness of the project, Is the project the first and the only one in that field?
full member
Activity: 443
Merit: 107
August 23, 2017, 09:22:52 AM
#25
If you are looking for a good ROI, look and see if the project has a good developer and business plan. See how much the total supply of the token will be and how large the marketcap will be after the ICO. Compare that marketcap with other projects in a similar field.

As an example here is a one I have been following:

https://bitcointalksearch.org/topic/ann-billionaire-token-games-on-the-blockchain-deflationary-algorithm-2065888

So this is a Poker/Gambling token and they seem to do pretty well in crypto and have fairly high marketcaps. The project has some very unique ideas to help passively increase the value of the token over time using deflation. They have a solid plan and how to implement it, they aren't being greedy and asking for $millions, only what they need to get their platform started.

Now lets look at price. ICO price is $0.10 a token and there are some great bonuses to be had, so lets look at total supply. Total supply is 3 million tokens, so if they sell all of them $0.10 x 3 million giving you a marketcap of $300,000. That's nothing in the world of crypto currently, this to me has x10 written all over it when it hits the exchanges as the project is easily worth a £3 million marketcap so that would increase the price of the token to $1.00. With the plans they have for the future this could easily have a £30 million marketcap compared to other Poker/gambling tokens which would x100 your investment on ICO price. Also that doesn't take into account all the free tokens you get from the bonuses during the ICO.

That to me would be things I would look for in an ICO
hero member
Activity: 2968
Merit: 687
August 23, 2017, 09:20:01 AM
#24
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
For me:

Experienced Developers with transparency
Project if its good or does really have real life contribution
Funds are being escrowed
Support of the community

These things i do really seek out when i do plan to invest on an ICO.
hero member
Activity: 703
Merit: 500
August 23, 2017, 09:10:07 AM
#23
- Team - do they have a good developer, and marketing team
- Social Media - how many outlets are they apart of
- Product/Plan - what are they offering

Almost what I want to say, but the order should be changed as:
- Product/Plan - what are they offering
- Team - do they have a good developer, and marketing team
- Social Media - how many outlets are they apart of
full member
Activity: 322
Merit: 100
First 100% Liquid Stablecoin Backed by Gold
August 23, 2017, 08:58:48 AM
#22
Of course the first seen is the concept of an ico then seen from the ICO's manner how the making of his announcement thread whether it looks really professional or just kidding and the third is to see who is the manager because the manager will be influential in every ICO
sr. member
Activity: 490
Merit: 250
August 23, 2017, 08:40:36 AM
#21
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

Well you should look at the price and what they are making of . Reading what is the coin and if you do invest on their coin what would you get. Think as a investor if it is okay to invest, if okay to invest think if you can get your invested money on that ico. Lot of icos now is really successful but mostly it takes time to get their ico price or other is after listed they hit already the ico price
full member
Activity: 406
Merit: 102
August 23, 2017, 08:26:32 AM
#20
There should be a good development team and a experienced management team. Idea should be solid and the money they raise should be less than $10m.
full member
Activity: 255
Merit: 100
August 23, 2017, 08:19:57 AM
#19
A team with a history of prior involvement with successful businesses in the crypto ecosystem.

We see many projects with people who came out of nowhere or with a business model completely unrelated with crypto, they just want to get financed, in this case they better make their pitch at Kickstarter.
newbie
Activity: 65
Merit: 0
August 23, 2017, 08:12:54 AM
#18
1. Good project. Not only a port of an existing project on a blockchain. What the projet need on blockchain technology ? Nothing so why using blockchain techs ?
2. Good team. ICO means that you will give your money to a "company" that will build something with it. So you have to expect that this company will be serious with a serious team. In this team, they will need good developers, but also peoples to communicate, to sell the project to the investor....
3. Use of Escrow. Security ...
4. Good and transparent communication from the team. A lot of ICO never respect their roadmap, that's ok ! It's not something that exist only in [Suspicious link removed]panies. But transparency and communication has to be strong.
5. The management of the ICO. Communication, legal part, security....
member
Activity: 110
Merit: 10
BenchCoin: A Digital Student Property Enterprise
August 23, 2017, 08:02:10 AM
#17
Our main concerns are:

1. Business Plan for AFTER the ICO (many ICO's lack this key element)
2. Detailed White Papers for the ICO and Token
3. Team Tokens restricted by Milestones
4. Use of Escrow
5. Transparent Team
6. Practical use, Feasibility and Implementation of Technology (most also lack this part)
7. Token Distribution %'s
8. Limited Token Supply

I would also add that it's a good idea the business has a financial impact AFTER the ICO is completed and the new technology/idea will improve on current business models.

Best of luck!
newbie
Activity: 9
Merit: 0
August 23, 2017, 08:00:00 AM
#16
I would say the top three things are

1) Past experience of the key members
2) Project white paper and service they are offering, how well thought out is it, is there a market need?
3) Response time from support teams when questions are answered before the ICO starts. Many of us will actually send tickets just to see if we get a response. A real team that wants to bring a good product will stay on top of the customer interaction.
full member
Activity: 196
Merit: 100
August 23, 2017, 07:38:46 AM
#15
Common rules:

1. Business plan and its vaule
2. Team, especially developers, great team = bigger chance to succeed
3. Social activity


Additional:

Fourth maybe less important technically, but as people says " the first impression is the most important"  Wink
4. Catchy name
sr. member
Activity: 868
Merit: 256
August 23, 2017, 07:34:18 AM
#14
How to choose good ICO's? First  you should read all of the informations about that coin and after that you do some research and ask about it after that if you are now convince try to visit their ICO website to see their price and how many percent they will give if you do buy their coin, mostly if they give you more coin or sort of as a investor you really want to buy their coin because the coin that you will buy is quite big discount or you could get more coins.
legendary
Activity: 1162
Merit: 1000
August 23, 2017, 07:27:53 AM
#13
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
I agree with what you mentioned. At least a project must have a strong team, in addition to the existence of a clear goal and also the target that is the target of the project. Oh yes a good project must have an escrow that can guarantee investors' funds are safe and secure. So that later an ICO can successfully attract investors. Because an ICO without many investors will surely make ICO fail and we will all feel disadvantaged.
hero member
Activity: 784
Merit: 1416
August 23, 2017, 07:21:58 AM
#12
look also if they have some partnership or somebody ready to use their product
newbie
Activity: 21
Merit: 0
August 23, 2017, 07:19:38 AM
#11
1 - Plan project (If you believe in project, probably other things will be contempleted)
2 - Dev team (See theirs profiles in linkedin / bbt / twitter / blogs / github / slack / etc)
3 - Campaign manager, team's attention for answer the questions and discutions

OBS: Be carreful with post's, becouse some of them is merely payed
hero member
Activity: 644
Merit: 500
August 23, 2017, 07:16:27 AM
#10
most of the replied are the same since experience taught everyone on how to select better project and I agree that dev backgrounds is really the most important to know allowing you to research if they are really exist and how well they can achieved their promise after that the target use of the coin if its also can be done completely after that its your instinct about the project that's also considerable.
Pages:
Jump to: