Topic: How to evaluate potential ICO projects? - page 8. (Read 1506 times)

To evaluate ICO projects, you should read their purpose in doing that project, their mission and vision. Because all project should have it. Also, what market affected of this project.

All you mention above is useful to use as good reference before investing in ico project.
But its not really complete one since there are some other things that need to check like expereience of  the team and working product. Dont forget to check their community too.

Analyzing ICOs and token releases, it is important not to miss the rules: how will they affect the success of the project, to what extent do they protect the interests of investors? The legislative norm in this area in most countries is still poorly developed and not tested in practice. It should be noted in particular if it is assumed that the token gives the owner some special rights (for example, property rights with respect to something, including the company itself), and not just something of value to itself. It is also important to pay attention to the ICO process mechanics itself. For example, how are the funds collected in the ICO process distributed and spent?In addition to the allocation of funds, it is important to take into account who and how the main decisions about project development. It is important for investors to form an opinion as to whether the selected project is optimal in the long run and whether the project is potential. In conclusion, I would like to note that ICO is a fairly new way of financing projects, but lacks the approach, rule, legislative basis and accumulated established experience. Therefore, cautious investors should pay attention to ICO analysis and investment decisions and should not underestimate the opportunities and risks associated with this new issue.

There are many good projects.
I personally liked RedLanternsICO. I read their whitepaper and I liked their concept.

I love when the issue of developing ideas and promoting it comes up wisely.

Take, for example, the VLB project. I appreciated it first of all about the prospects of the idea, an informative document, a clearly marked road map.

As for me, when I choose ICO to participate I always take attention to team, to their aims, including they potential how much they want to reach in soft cap and hard cap, also if they have the product or just want to create!! It too much points to find good ICO project

   Yes, I remembered the project vordcdor, they also have a quarrel there, there were questions, they were trolls. But now I remembered, they were running their YouTube channel, and there they talked about everything that was being done. And what is the result, yes all the ill-wishers or competitors who vied with each other screaming that the scum. Nothing is achieved. The project works great.

Before investing your money in a particular project, you need to collect information about it, analyze it, look at the rating of the ICO, see who the developers of the project and how they communicate with potential infesters in the telegram, listen to the opinion of reputable people for you who understand cryptocurrency, and only then determine whether to invest money or not in this project.

It's still quite a hard job for me. I have read lots of whitepapers but it's tough to determine that the project will be good or not by reading the whitepaper. Lots of people have said that they looks at the team but maximum of time a completely new and inexperience team comes up with great ICO.
Now I look for the buzz of the ICO in the social medias ans this forum. Also there are lots of ICO rating websites which are some time helpfull.

Mostly you should understand who blockchain and business work

For me first thing first is checking the Team Members and Advisors of ICO.
and upon checking, i searched the members and advisors if they are really in that ICO project, as many ICO are imitating by grabbing someone else pictures and use it to be a team member.

One ICO i am impressed and has extreme potential is the team and advisors of Effect.AI, as these people were prominent and respectable in crypto industry like Charlie Shrem and Tony Tran are joining in the development. and checking their personal social media accounts, it is true and confirming that they are the advisors of Effect.AI

This is my best way to evaluate potential ICO projects, as it starts to the person and the team developing an ICO projects.

Hope this can help you, just need proper due diligence to evaluate potential ICOS

Yes i do keep in mind checking the background of people who have started the ICO. I did check on velix.id and they have a good number of people backing them and their product, some very famous people from cryptoworld. velix.id looks good to me

In general, very few people know how to choose quality projects for investment. This requires a lot of experience. Therefore, there are various investment funds. Such as Iconomy.

The first thing to do when evaluating an ICO project is to look for the people who started it. You should check their professional background and previous experience.

One way to predict the ICO is to do the analysis, you have to find various information on the internet because it will be very useful to determine the final decision. For me ICO is a very risky thing so we must be really ready in taking any risk incurred. Investing in a project can sometimes make us gain a lot of profits and sometimes also can make us lose to experience poverty. Make sure we are ready everything and we can also take the right time in the form of timing in doing every investment.

Personally I take my full time studying carefully the ICO project before investing. There are many steps to follow in order to evaluate such projects. You have to read their whitepaper, check their team and see if they are real and experienced or not, seeing if the concept is really attractive, and also visiting their site and social media accounts to check their community.

sure i will have a look at it. Thank you for helping me out.

Well i have invested in velix.id and its a very good project to invest in. They are solving the problem of identity crisis over blockchain. You can join their telegram community to know more about the project.

Do you know any good ICO to invest in?

A project must have a set road map about how it will take product and company to the visioned path. And the most important factor for evaluating any ICO is to join their telegram community.