Topic: How to find Good ICO not any SCAM?? - page 2. (Read 408 times)

As per Cointelegraph "New Study Says 80 Percent of ICOs Conducted in 2017 Were Scams", more details about this just click here

So be careful before investing any ICO.

As per my opinion I am going to share you my knowledge about How find good ICO not any SCAM..

First thing you need to know that this unregulated crypto world is full of scammers who are trying to steal your money and most of the famous way is ICO (Initial Coin Offering).


Business Plan, White Paper and/or Strategic Outline (Industry/Market Problems with Proposed Solutions):—this is important because it tells you what the project is about, why it exists, the problems it aims to solve and how. Roadmap and specific plan on how they plan to operate the business.
   

Token utility, Blockchain Choice and Crowdsale Structure:—this is important because price is heavily influenced by supply and demand. Sometimes ICO’s are just ‘cash grabs’ where the leadership team only issues, say, 50% of the tokens to ICO backers, holding the rest…this could drastically effect the price of the token if they decided to sell a lot at once, for instance.

Leadership team:—the team behind any project is entrusted with carrying out the steps necessary to building the project, AFTER raising capital from the Initial Coin Offering. Somebody on the team should have technical programming experience.

ICO Listing Sites:—is the project plugged in? If so, how well? Did they make an effort to reach out to listing sites and, if so, what do their ratings look like on the listing sites? Don't give any attention on sponsored ICO or paid promotional ICO.

 
Github repository (code):—this isn’t always necessary, but it certainly is a positive if the ICO you are evaluating has a Guthub repository with recent contributions to it. This means the project is being worked on/developed.



If you want a good ICO listing site then my preferred is https://icodrops.com/

You can also read a good explanation about big ICOs by Binance CEO CZ (Changpeng Zhao) :- https://steemit.com/binance/@czbinance/5mm9uo-i-don-t-like-big-icos


Thanks in advance for reading my post.