Topic: How to choose the right ICO? - page 37. (Read 7911 times)
These days there are many ICOs are coming like the blossoming of mushroom. But the main attraction point here is how to choose right ICO for investment. Afterall this is your hard-earned money you should properly investigate the organization business whether it has the potential in future or not. And how the team members efficiently work for the end result of the company. It is also indispensable should read thoroughly the whitepaper of the company to get at a true picture.
Well, although most people already understand how to choose a good ico, but in the end the market also determines the price of tokens after ico, so it seems that understanding on how to choose a good ico will be in vain, if in the end the price of tokens in the market is not as we hope.
1. Know the people behind them
2. Go for disruptive concepts
3. Understand the target market
4. Evaluate the technology
5. Nitpick the white paper
6. Know what the coins are for
2. Go for disruptive concepts
3. Understand the target market
4. Evaluate the technology
5. Nitpick the white paper
6. Know what the coins are for
I always look at the team and know more about them.
yes, not all ICO is successful and good, and for me to see and choose a good ICO, it's very difficult.
for me the key to the success of ICO is in presale and sale, if presale has reached the target standard, then I say this is a successful ICO
for me the key to the success of ICO is in presale and sale, if presale has reached the target standard, then I say this is a successful ICO
It is better to choose ICO if the project already has a working business or product.
In this case, ICO acts as a business amplifier and gives confidence that the project will develop even more and not disappear.
In this case, ICO acts as a business amplifier and gives confidence that the project will develop even more and not disappear.
hello,
In my perspective it is good to choose ico based on the Team member and the advisory bodies because it is mandatory for the good organisation.
In my perspective it is good to choose ico based on the Team member and the advisory bodies because it is mandatory for the good organisation.
If they don't have any real working app or real done solution it is scam
Usually neither of them has working app, that's why most of them are raising money. I think choosing the right ICO is about mostly luck. Of course the other things can be big affects, but if you have no luck, that means you have no profit.
Because of hundreds ICO's launched and unknowing which one is scam and which one is legit, unfortunately they all work this way. https://medium.com/@tokenloyalty/war-at-economy-securities-versus-utility-tokens-6a20d665e82e
in terms of ICO selection - which ones should have licenses which not.
in terms of ICO selection - which ones should have licenses which not.
thanx for sharing, interesting article
I have been in a few ICOs and I normally choose first by the idea and market. Then I look at the team to see if they are competent. I like better international teams vs locals. Lastly, I look at the hype, because eventually good marketing is needed.
Agree. Check main idea of project, find some feedbacks about project. Then you can decide is good project to invest there
I have been in a few ICOs and I normally choose first by the idea and market. Then I look at the team to see if they are competent. I like better international teams vs locals. Lastly, I look at the hype, because eventually good marketing is needed.
You better must know the people behind them.
It is critical to know the nature of the company and the teams behind ICOs. Most of the companies are newly incorporated, but many founders have been around in their respective industries. It is possible to review profiles and search for news and mentions in their prior projects and efforts and also Nitpicking the white paper could prove useful in revealing the details of how their solutions work and what need areas they will be addressing.
It is critical to know the nature of the company and the teams behind ICOs. Most of the companies are newly incorporated, but many founders have been around in their respective industries. It is possible to review profiles and search for news and mentions in their prior projects and efforts and also Nitpicking the white paper could prove useful in revealing the details of how their solutions work and what need areas they will be addressing.
I agree with your statement. I will add from myself that it is probably very difficult to make the right choice, because it takes a lot of time for an in-depth inspection of the company. But definitely you need to understand the details of the proposals. Learn and communicate with the developers. The moment of communication plays the most important role and it is here that the reliability of the project is checked.
I think choosing the right ICO is about mostly luck. Of course the other things can be big affects, but if you have no luck, that means you have no profit.
Team, Road map, Disruptive in nature, Hype or Marketing, Size or range, Business utility all these criteria are important when choosing a project. But I spend more time studying the command.
When I see the pole, all of it is needed for securing the successful of ICO (Initial Coin Offering). But I choose about the nature/people needed which is absolutely their demand. And that is "Business Utility".
If they don't have any real working app or real done solution it is scam
Choosing the right ICO goes to your preference but most of us here are looking first with it's road map but that's not a good basis now. I'm looking for the team of developers for that ICO because everyone can make a fantastic roadmap but not following it afterwards.
ICO had to head clear a project road map and a mature team in carrying out the project. the existence like that then it could be said that the project is clear and not a scam.
I think we should choose a cryptocurrency with a clear and firm putlook . They must have a project and a list of steps to accomplish step by step.
ICO is too much now, so choosing a right ICO to invest is quite vital if we want to prosper. I just pursue some ICo and some make profit but some does not. Let’s spare time gathering enough information, and of course, with luck we will find the best ICO
ICO is too much now, so choosing a right ICO to invest is quite vital if we want to prosper. I just pursue some ICo and some make profit but some does not. Let’s spare time gathering enough information, and of course, with luck we will find the best ICO
I think all of the given choises are matters. And there should be one great idea in ICO which is different from other ICOs, coins or tokens
If we take on consideration all those points I think we areon the rigt track, its better to be choosy than to waste our money and effort for some useless project. better be cautious than regret on the end. As well on choosing bounties.Jump to: