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Topic: How to choose the right ICO (Read 1015 times)

full member
Activity: 644
Merit: 101
📱 CARTESI 📱 INFRASTRUCTURE FOR DAP
August 30, 2017, 12:46:05 PM
#34
read the white paper thoroughly and their idea, their product what are they going to deliver.
newbie
Activity: 6
Merit: 0
August 30, 2017, 06:23:18 AM
#33
I agree with you. Also you should look some media source about a company and its project. Plus one of the most important point is White Paper. And if a company has previous projects it will be good to study it.

I agree with what you've wrote. I look for these items when I'm choosing ICO
member
Activity: 101
Merit: 10
August 30, 2017, 06:20:24 AM
#32
For me it depends of what I want to do with this ICO. If the goal is just to make money, then the only thing that I look is if the ICO is popular.
Whatever the shitcoin that will be created, if everyone want it, you will make money the first day it will be released.
member
Activity: 69
Merit: 10
August 30, 2017, 06:13:34 AM
#31
In my opinion, the most important thing in new ICO porjects is economics and market
The team and the project shoul create a real demand on their token or have a real valueable technology for customers.
That is the most important thing.
full member
Activity: 170
Merit: 100
August 30, 2017, 05:46:59 AM
#30
In my opinion the only good way to choose the right ICO is to understand and like a concept and its realisation of project. For example now I am going to invest in Anryze - a distributed speech recognition platform. It's a good innovation in voice recognition and transcribing, so a project is really useful!
If interested look at tokensale.anryze.com
full member
Activity: 146
Merit: 100
August 29, 2017, 11:27:29 PM
#29
the most important things to look at before participating in an ICO:

•   The team - the founders must have experience and knowledge in the relevant industry. someone who did it before!

•   The token - availability of the coin will and what is the added value of the coin in the ecosystem

•   The future plan- what is the plan of the business and how they are going to achieve it.

what are your thoughts? what do you think is important?

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Choose the right and the best one. The team of the ICO must have the details about their experiences and educational attainment. Token is the main subject of the ICO to run the project. Budget allocated for the respective bounty like facebook campaign, signature and etc,. All your statement above are good points to consider before you run an ICO project.
hero member
Activity: 1428
Merit: 506
August 29, 2017, 06:51:50 PM
#28
I agree with you. Also you should look some media source about a company and its project. Plus one of the most important point is White Paper. And if a company has previous projects it will be good to study it.
I agree with the above lists on how to choice most suited ICO to invest. The roadmap of the project is a plus, yes their future plan on how to attract more investors of the project. Because at first its hard to know the right ICO so I think we can follow the suggestions and ofcourse we have to do some research and study the project before investing of our hard earn money.
newbie
Activity: 14
Merit: 0
August 29, 2017, 06:45:06 PM
#27
Well, personally, If would wanna throw up an answer to this question, I'd probably ... diving into the ICO use cases, business model and competitive advantages are because most ICOs these days do not even have business plans or pitch deck. They see the millions they're raising as a sort of business model which is not good for other early stage startup struggling to penetrate their respective target markets.
full member
Activity: 378
Merit: 102
August 29, 2017, 05:07:15 PM
#26
Do you have any reliable source - some website with professional ICO reviews,  site which will give spotlight to new crypto projects we can choose from?
I know about http://www.icocountdown.com/ but I want to know if there are some other websites we can use to find info about upcoming ICOs?
ICO investing is a risk no matter how good our initial impression is, only time will verify everything.


Hacked.com gives a great insight into ICOs including a risk rating.
legendary
Activity: 1288
Merit: 1000
August 29, 2017, 05:04:02 PM
#25
Do you have any reliable source - some website with professional ICO reviews,  site which will give spotlight to new crypto projects we can choose from?
I know about http://www.icocountdown.com/ but I want to know if there are some other websites we can use to find info about upcoming ICOs?
ICO investing is a risk no matter how good our initial impression is, only time will verify everything.
member
Activity: 85
Merit: 10
August 29, 2017, 04:53:46 PM
#24
It is all about risk and return, ROI and time you plan to keep your investment. If you look in the top 10 market cap cryptos, you have almost no information about them. Just look at Satoshi Nakamoto, no one knows him and it is the King of market cap. A safer looking ICO doesn't create guaranties about future return. All of them are VERY HIGH RISK, VERY HIGH RETURN. If you are looking for safety, it is better to leave crypto market. Rule of thumb: expect the worst !
member
Activity: 84
Merit: 10
August 29, 2017, 04:32:06 PM
#23
I agree with you. Also you should look some media source about a company and its project. Plus one of the most important point is White Paper. And if a company has previous projects it will be good to study it.
sr. member
Activity: 742
Merit: 329
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August 29, 2017, 12:47:44 PM
#22
the most important things to look at before participating in an ICO:

•   The team - the founders must have experience and knowledge in the relevant industry. someone who did it before!

•   The token - availability of the coin will and what is the added value of the coin in the ecosystem

•   The future plan- what is the plan of the business and how they are going to achieve it.

what are your thoughts? what do you think is important?


I agree with your choices, well honestly, I think everything about altcoins are very hard to speculate. There are some altcoins that are popular just before their ICO's but ended up with less investment after ICO's. I think if coin developer's team are quite famous it would attract a lot of investors and that would be good to consider.
full member
Activity: 336
Merit: 100
“Join The Blockchain Revolution In Logistics”
August 29, 2017, 12:37:42 PM
#21
the most important things to look at before participating in an ICO:

•   The team - the founders must have experience and knowledge in the relevant industry. someone who did it before!

•   The token - availability of the coin will and what is the added value of the coin in the ecosystem

•   The future plan- what is the plan of the business and how they are going to achieve it.

what are your thoughts? what do you think is important?

thats the thing that i use to be see when i am choosing an ico that i want to join and i want to invest for, it is good to see first the platform of the project if you doesnt even know or even understand it there will be whitepaper or a website that has been translated to your native language for you to understand it well but the list that you have been stated above is good.

Yeah, I think this three criteria is important specially if you're a beginner. Think wider, try to understand every details of the ICO you're planning to join in. Plus, your personal studies about it is a good help.
full member
Activity: 1036
Merit: 116
August 28, 2017, 10:56:34 AM
#20
ICO's are like any other investment. You need to do your work.

For me there are a few signs to look for in a 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".

If these are in place, then it's a good sign. I am looking at Crowdholding at the minute, seems like a good upcoming ICO (They are in their pre-sale). I like this one because it is about co-creation (Which i am interested in) and also you can get more for your investment as they are in their pre-sale.

https://ico.crowdholding.com/
copper member
Activity: 90
Merit: 0
August 22, 2017, 07:49:35 AM
#19
It's all about what is your intention when investing in ICO?

Is it just the quick buy and sell when it hits exchanges and you don't care about the future of the project? If yes, then assessing the hype around the project (which will tell you the demand) and checking the cap (which is a supply limit) is all you need. The higher the ratio (in favour of demand), more can you flip.

If your intention is an INVESTMENT, you will naturally hodl those coins/tokens for a long time and in that case the criteria is the same as investing into a normal company (imagine being a VC ... you can actually check YC and other programs and see what they are looking for when investing into a project/company). So: team, the idea (secret sauce/10X, product/market fit, MVP, potential, ...), competition, market size and market penetration point, timing, execution capabilities, future plan/KPIs ...

I personally am investing, so I don't join ICOs to flip a money, but to each their own, just keep in mind that different intentions need different strategies.

hero member
Activity: 756
Merit: 520
August 22, 2017, 07:31:08 AM
#18
Exactly, these three things are the most core thing for us to think about. Where sometimes there are some ICOs that are just walking halfway and after that will become a garbage cryptocurrency. So, it's better for me personally that we follow an ICO with a small amount if something is found to be less convincing, after everything is done and running According to which they plan then can go by buying Cryptocurrencynya
hero member
Activity: 1400
Merit: 536
August 22, 2017, 07:16:25 AM
#17
I am the most important factor and software developers team according to their own thoughts, not necessarily the ad, if developers and software team gives confidence to people, I think there is no problem.
legendary
Activity: 1792
Merit: 1283
August 22, 2017, 07:14:50 AM
#16
First of all this isn't the right subforum for a question/statement like this, it has nothing to do with Bitcoin.
This should be in Altcoin Discussion.

Second, everything you list is kinda expected you you before you invest in an ICO, but I would also look at the project itself.

What kind of solution does the ICO offer for a real world problem?
What is the market like for what they're offering to fix?
full member
Activity: 476
Merit: 100
August 22, 2017, 07:13:25 AM
#15
My own experience in choosing a promising ICO is to look at the Manager and Team Member, and see how interesting the ICO project is. Because many ICOs fail because the program is not appealing to future prospects.
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