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Topic: How to Identify Good ICOs for Investment (Read 747 times)

hero member
Activity: 1694
Merit: 502
★Bitvest.io★ Play Plinko or Invest!
September 27, 2019, 04:47:10 AM
#94
This is a very useful article about how to choose good ICO investments but it doesn't guaranteed that nothing will happen to the projects, remember that we are in the era of crypto where even very good projects end up dead this is why many investors choose IEO over ICO now

It`s useful, but for whom? First, you need to know how to read the whitepaper, and more important you need to know how to check everything they wrote in the whitepaper. For checking that you need to be a developer, programmer. Many of us can`t do that, we rely on community. When I read wp, I`m interested in the idea, if I like I will invest. Technicalities are not my stronger side, for that, I look at what others have to say about it.
Bottom line is that you can`t be 100% sure in your investment, we always risk. Sometimes things go wrong even when everything looks good.
member
Activity: 462
Merit: 10
September 27, 2019, 03:22:39 AM
#93
There is no doubt that this material is very helpful, but in a gold rush everybody just throws out their money where ever they can.
member
Activity: 490
Merit: 19
September 27, 2019, 02:25:54 AM
#92
This is a very useful article about how to choose good ICO investments but it doesn't guaranteed that nothing will happen to the projects, remember that we are in the era of crypto where even very good projects end up dead this is why many investors choose IEO over ICO now
legendary
Activity: 3038
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
September 27, 2019, 02:20:33 AM
#91
The article you mentioned provide good details on how to identify good projects to invest. However it's not a guarantee especially with ICOS that most of it are just scams and fake to take peoples money. Best way to invest right now is participate on IEO in Binance, sure and easy profit.
It is really helpful. Especially for beginner who not really can't analyze but want to try make an investment in new project like me. I don't have skill to analyze some project and usually follow what Binance IEO. But need very fast connection because i always late to make purchase.
Lol are you joking about that? binance is not anymore use that mechanism to the binance launch pad and the new system has already used through use lottery system to get who will be eligible to participate in the binance launch pad. You must try to read that and it looks like you are still using your old experience about that and never try to get the latest update.
What has already made by OP was true but as people above you said that needs to be updated with the latest news but to identify scam IEO is the same like how to identify scam ICO
legendary
Activity: 2758
Merit: 1004
PredX - AI-Powered Prediction Market
September 27, 2019, 01:53:07 AM
#90
The article you mentioned provide good details on how to identify good projects to invest. However it's not a guarantee especially with ICOS that most of it are just scams and fake to take peoples money. Best way to invest right now is participate on IEO in Binance, sure and easy profit.
although we aim to invest in IEO, we need to know the important points we need to know about the project. even when it is an IEO project in binance. like the article mentioned, don't you want to entrust the money you have to a team that you don't know about. because of that, even though it's IEO in binance, every investment requires research. it will strengthen the argument about the project will develop in the future, or not. Well, that is a good article.
sr. member
Activity: 2114
Merit: 268
Leading Crypto Sports Betting & Casino Platform
September 27, 2019, 01:29:49 AM
#89
The article you mentioned provide good details on how to identify good projects to invest. However it's not a guarantee especially with ICOS that most of it are just scams and fake to take peoples money. Best way to invest right now is participate on IEO in Binance, sure and easy profit.
It is really helpful. Especially for beginner who not really can't analyze but want to try make an investment in new project like me. I don't have skill to analyze some project and usually follow what Binance IEO. But need very fast connection because i always late to make purchase.
member
Activity: 882
Merit: 13
September 27, 2019, 12:47:14 AM
#88
The article you mentioned provide good details on how to identify good projects to invest. However it's not a guarantee especially with ICOS that most of it are just scams and fake to take peoples money. Best way to invest right now is participate on IEO in Binance, sure and easy profit.
full member
Activity: 560
Merit: 105
September 26, 2019, 08:42:22 PM
#87
Even if you can identify a good ICO for investments as long as there are people who scams , project will surely failed . At first we have seen the ICO is good and their intentions for their investors are good for them to make profits and promise that they will make more profits when the projects became successfull , but eventually scammers enters the project and suddenly they leave it behind.
full member
Activity: 944
Merit: 101
PredX - AI-Powered Prediction Market
September 26, 2019, 07:05:04 PM
#86
For now, generally forget that there was such an opportunity to invest. Now all new projects are doomed to a huge dump.
I still see projects alive and growing. However, because the price is falling because the market is bleeding, I believe that in the near future altcoin will rise again
42K
member
Activity: 364
Merit: 10
Erotic Industry on the Blockchain! RachelX
September 26, 2019, 06:02:58 PM
#85
Its quite difficult to identify good ICOs now. Well for me, I'll advise you not to invest in ICOs because they've got nothing to offer its investors unless scamming. I believe IEO is still the last standing man but be careful because it also involves risks.
member
Activity: 459
Merit: 10
September 26, 2019, 09:08:25 AM
#84
Yes, this is one of the articles that is very useful for investors who have experienced many failures like mine. I invested in IEO's trend quite late and that made me encounter many more failures.
After reading the article, I realized I needed to read the roadmap of the project more carefully in the whitpaper, I didn't do this when investing! what a big mistake
newbie
Activity: 109
Merit: 0
September 26, 2019, 08:43:36 AM
#83

Very good read. There's definitely a lot of things to consider before investing in one project, us investors have already learned a lot from what occured last 2017. One of the most important things I look at is the people behind the project, it's actually better if there's already an existing corporation behind because they have a reputation to protect. Similar to a major telecom in Korea that launched will be utilizing blockchain aiming to eliminate how we depend on our local carriers. We need more major key companies on different spaces to look into crypto/blockchain and start implementing it into their system.

Another small thing that people look into is the roadmap, it should look realistic to happen. Other projects are even caught copying something online and just put it in their whitepaper.
member
Activity: 746
Merit: 10
https://axiomapay.com/
September 26, 2019, 08:07:01 AM
#82
I appreciate your efforts above because I think the article is worth using as reference material before investing in any project. and the most important thing for me is the developer, team, product marketing and how many partners / investors are involved in it.
sr. member
Activity: 1078
Merit: 250
http://unidapp.app
September 26, 2019, 07:57:42 AM
#81
Well to me ico investment is not advisable, its really hard to see any succesfull ICO now without them not turning into scam projects, ICO has become a big joke now, IEO is still the only last man standing that i trust, though risks are still involved thats why binance IEO are the best choice
ICO are almost forgotten at this point and we can't be sure what will happen next at that project. For me, IEO investment is the safest option in this market but I only participate in large exchanges because they have large financial resources and ensure investors' liquidity. Currently the market is very risky and choosing IEO will be an option for you to earn more profits
copper member
Activity: 242
Merit: 12
September 26, 2019, 07:42:17 AM
#80
Start with checking the authenticity of the team. If the team conducts events, it is a sign that the ICO is authentic. Know what will cause the demand for tokens. Understand the market opportunity. If the ICO already has working products (one ICO with working products is Bitwings, TranslateMe is also good), it could be a good investment. Invest only that much which you can
afford to lose completely. You must have the patience, it’s about patience in crypto.
member
Activity: 504
Merit: 25
September 21, 2019, 08:27:29 AM
#79
Well to me ico investment is not advisable, its really hard to see any succesfull ICO now without them not turning into scam projects, ICO has become a big joke now, IEO is still the only last man standing that i trust, though risks are still involved thats why binance IEOs are the best choice
sr. member
Activity: 1008
Merit: 250
September 21, 2019, 07:11:30 AM
#78
It is challenging to identify ICO. Because usually, the developers did all the excellent marketing strategies and were active in different blockchain events. But after the fundraising finished, the CEO left the project. So forget about ICO. Momentarily we turn to IEO, which is safer from fraud.
jr. member
Activity: 1050
Merit: 1
September 20, 2019, 05:59:23 PM
#77
Thanks for sharing the article. It will be a great help for anyone who is interested in ICO investment. Successful ICO investment can also go beyond what was written in the article. An investor needs a bit of luck after applying other principles.
full member
Activity: 944
Merit: 101
PredX - AI-Powered Prediction Market
September 20, 2019, 10:44:27 AM
#76
There are many articles on how to choose good ICOs to invest. But sometimes things are not like the posts, we need to check more than that. and especially we need to check investors and their partners first
newbie
Activity: 424
Merit: 0
September 20, 2019, 10:09:36 AM
#75
i read full article this is really helpful,
I think before investing in a project investor need verify team members how they have experience with cryptocurrency .

Because the project will do well depends entirely on the team members. Currently many projects are dying
due to Inefficient of team members

In my opinion there are some easy ways to be adopted.

1/ whitepaper clear ideas about the project.
2 / Verify the identity of all team members involved in the project
2. Verify the social activity of all team members
Do they actually have experience with cryptocurrency or have they been involved with a cryptocurrency project before?

member
Activity: 464
Merit: 10
September 20, 2019, 08:54:26 AM
#74
I have read quite a lot of articles on how to identify a good or scam ICO project. but sometimes when we finish reading and we forget, we make a mistake.
So, in my opinion, we don't just need to read more and we should work in groups. It is the best way for us to eliminate weaknesses and achieve good results in investment.
member
Activity: 910
Merit: 12
September 20, 2019, 08:05:04 AM
#73
I think we need to do some pretty good research to find good ICOs. First of all, we should investigate the team members of the project that will organize the ICO. We should check to see if there are any other successful projects that these members have worked on before. Then we should read the whitepaper of the project. And we should compare the project with other projects which has the same mission. And finally, we should read the comments in the social media about the project and read the team members' responses to the criticism about the project.
jr. member
Activity: 406
Merit: 3
September 20, 2019, 04:52:14 AM
#72
I have stopped being an ico investor and the reason why I did not do that again is because the majority of ICOs are fraudulent, but I did not say that all ICOs are like that. My profession is currently as a bounty hunter and I identify ICO from the background of the team, developers, products, partners, communities and how active the team is in responding to users.
member
Activity: 1022
Merit: 10
September 20, 2019, 04:46:21 AM
#71
as developer works on referring use with details of scheme on tasks with the whitepaper  investors might define of one on decision to put of spares with funds to helps on initiation as referring indication of further arrange on plan as investing with the projects from the developer.
hero member
Activity: 1274
Merit: 513
September 20, 2019, 04:05:02 AM
#70
It is good article for the people who needs information to get a good ICO all details is good and really informative that ICO investor can use it.  But even the details give and you follow it there is no guaranteed even you see to the ICO is really legit or having succesful because now ICO creator who have bad intension are smart so we need to take a risk in ICO even you are thinking that is good.
member
Activity: 868
Merit: 10
September 20, 2019, 03:20:17 AM
#69
good article, this is a good guide for reference as material before investing in a project. but for me the most important thing is the background of the team in managing the previous project and also what products they offer in the market.
hero member
Activity: 2870
Merit: 574
Vave.com - Crypto Casino
September 20, 2019, 03:07:17 AM
#68
Although the article can be a guide to us in identifying the good ICO, I don't think that we can find good ICO for investment easily.
I think every project will do anything to make sure and convince the investor, and even they will make their project is like a real one.
We only know if the project is good or not by following their journey from day 1 until its finished.
And if somehow, they are trying to do something different than usual, we need to be careful, and we need to prepare if something worst will happen later.
But still, it is difficult to say that one project will scam us in someday if they don't have one of the articles states.
The best thing that you can do is to manage your money to invest and only use the money you can afford.
That will prevent you from a big loss in someday.
sr. member
Activity: 1680
Merit: 259
September 19, 2019, 10:05:58 PM
#67
This is a good suggestion for us, but not all ICOs will succeed, but there are still failures. I personally identified the ICO from the professionals and the sales are ongoing. If there is a development in a good product, I will invest there.
sr. member
Activity: 594
Merit: 250
September 19, 2019, 09:46:19 PM
#66
That's a good tip from the website but i think even if we manage to perform research on the project. It will not guarantee that we will hit the the right one. As long as the team is capable on meeting their road map then we have a chance of earning with our investment.
legendary
Activity: 3752
Merit: 1217
September 19, 2019, 09:45:05 PM
#65
For identifying good ICOs, you can't rely on the ICO review sites. Many of them dish out dishonest reviews, after receiving financial support from the team members. You need to do your research on yourself first. The very first step is to check for the team members. Make sure that they have enough experience, not involved in the past scams and have a clean reputation.

The second step is to check for plagiarism. Many of the scam ICOs plagiarize the whitepapers. There are softwares available to check for plagiarism and you can do your verification using them. During the third step, you can compare the project with the similar ones that are already existing. Compare the ICO price to the exchange rates and market capitalization of these tokens.
sr. member
Activity: 566
Merit: 250
CurioInvest [IEO Live]
September 19, 2019, 08:52:29 PM
#64
Article's definitely a very good go-to for anyone just starting out in the ICO venture. Very brief and concise. Got a good grasp of some of the basic concepts that I neglected to look into before, like open and hard cap. Thanks for sharing. Cool
sr. member
Activity: 1078
Merit: 250
http://unidapp.app
September 15, 2019, 08:40:33 AM
#63
In determining a good ICO don't trust them easily but just looking at their rank ,look their backgrounds if it is safe. Viewing whitepaper isn't that bad because it is one of the tactics that can apply when you're determining a good ICO,by looking with it you can see how the ICO work and how does it give what they have been said to their investors.
Everything at ICO projects is virtual and there is no evidence that they are actually working. If the project has an office and the most obvious development, it is a good project that you can consider investing in the near future. Currently, ICO are no longer interested by many people, and this investment trend has ended, so these projects will not be seen in the future because IEO is replacing everything.
jr. member
Activity: 394
Merit: 1
September 15, 2019, 08:33:37 AM
#62
generally doing detailed research, seeing how teams work in managing projects or offering marketing products, tracking team transparency, seeing their road maps and the other is managing your financial management properly. don't be tempted by big offers because that is far more risky.
jr. member
Activity: 39
Merit: 1
September 15, 2019, 08:14:32 AM
#61
Yes, it is very helpful article, it can be guide for the beginners, but ICOs become more risky, buy altcoin from exchange is safer way
legendary
Activity: 2982
Merit: 1028
September 15, 2019, 08:09:04 AM
#60

really nice article to read
but, the most important thing of any ICO, STO or IEO project is their team member buddy
because a project will be dead or not is depends on their team member  Wink
Highlighting the importance of the team behind is very important in figuring the project. You'll be able to work further if you will proceed  supporting the project.  The team will bring success, not only to the finish product but also the right intention, to make sure that everything will be set according to its direction.

Knowing who's the developer will also give some hints to stay and follow every project development, and those things might influence the success of everything.
sr. member
Activity: 1092
Merit: 250
September 15, 2019, 07:43:36 AM
#59

really nice article to read
but, the most important thing of any ICO, STO or IEO project is their team member buddy
because a project will be dead or not is depends on their team member  Wink
member
Activity: 375
Merit: 18
send & receive money instantly,w/out hidden costs
September 15, 2019, 06:39:58 AM
#58


Following the tips given on that article above can be helpful but not a guarantee that something will not go wrong as there are many good projects that caught the attention (and the purse, of course) of many but they eventually turned out to be a big nightmare to the tune of millions of dollars flying into thin air and the supporters left with empty plastic bags (hope they don't throw them into the ocean!).

The truth is that the very nature of the ICO platform is quite risky -- very risky -- all because the marketplace is not regulated and when anything is not regulated that is when the dark side of human nature can easily take in. With no sense of legal responsibly, project proponents and developers change theirs mask into that of a scammer.

Hopefully, with the coming of the IEO where exchanges are injected into the scene, things can get better but until there is a clear-cut regulation on the whole crowdfunding process there is no guarantee that a project will not, one day sooner or later,  just evaporate like a vapor under the light of the sun. Oh, well...
I agree, sometimes when you think that the project is really good and caught your attention sometimes it turns out to be scam. We can't really guarantee the success of investing in ICOs but we can increase the success rate by researching deeply about a certain project you want to invest. And dont forget to read others review as well but focus more on your own research.
jr. member
Activity: 224
Merit: 1
September 15, 2019, 06:35:54 AM
#57
In determining a good ICO don't trust them easily but just looking at their rank ,look their backgrounds if it is safe. Viewing whitepaper isn't that bad because it is one of the tactics that can apply when you're determining a good ICO,by looking with it you can see how the ICO work and how does it give what they have been said to their investors.
sr. member
Activity: 854
Merit: 252
Betking.io - Best Bitcoin Casino
September 13, 2019, 07:32:32 PM
#56

The best part of the article is the Bitcointalk part, here in this forum we can expose who are and who aren't, a project may have everything investors are looking for a project, but if they cannot address issues and concerns raise by members of this forum they are in trouble, take a look at Adab they look very impressive, but they are exposed as a dubious project, and this forum exposed them.
This is the beauty of this forum where members can really help out to verify and identify which one is a potential fraud or not.
You can get recommendations basing on actual users experience and insights which is very helpful.

True. You get the project vetted by highly experienced individuals in the space which are on Bitcointalk. Although there are some few cases of error in the likes of Zeux coin which was wrongly accused to be a scam. Asides that, this forum is the best cryptocurrency forum on the planet and worthy of a daily read

Yes, this forum has indeed been utilized a lot by many people, especially to find information about cryptocurrency, even ETH used to shine in this forum.
full member
Activity: 573
Merit: 102
September 13, 2019, 07:22:34 PM
#55

The best part of the article is the Bitcointalk part, here in this forum we can expose who are and who aren't, a project may have everything investors are looking for a project, but if they cannot address issues and concerns raise by members of this forum they are in trouble, take a look at Adab they look very impressive, but they are exposed as a dubious project, and this forum exposed them.
This is the beauty of this forum where members can really help out to verify and identify which one is a potential fraud or not.
You can get recommendations basing on actual users experience and insights which is very helpful.

True. You get the project vetted by highly experienced individuals in the space which are on Bitcointalk. Although there are some few cases of error in the likes of Zeux coin which was wrongly accused to be a scam. Asides that, this forum is the best cryptocurrency forum on the planet and worthy of a daily read
jr. member
Activity: 672
Merit: 1
September 13, 2019, 06:47:21 PM
#54
For me the easiest  way is to look at the team behind the ico and find out if they have a track record. With with what they said they want to do . With that it should be easy to tell if an ico with do well or not it whether it is a scam
newbie
Activity: 28
Merit: 0
September 13, 2019, 06:36:55 PM
#53
I hope to find the answer of this question, after i lost my money, i invest in ICO, finally, no any ICO invest success.
 
full member
Activity: 966
Merit: 111
September 13, 2019, 05:30:51 PM
#52
To identify a good ICOs for investment isn't a tasky challenge, just follow the listed steps below
1. Always go through the project’s white paper
2. Team's qualification
3. The Business model and future development
4. Open cap or Hard cap
5. Checking on bitcointalk.org thread.

Everything you say is actually true.
And that is indeed the way to find a good ICO. But unfortunately all the ways you say don't have a big impact on success. Because ICO is no longer the first choice for investment, many people have moved from ICO to IEO.
sr. member
Activity: 798
Merit: 250
September 13, 2019, 03:23:45 PM
#51
To identify good ICOs for investment, you have to study the project carefully: reading the whitepaper, checking the authenticity and experience of team members, check if the product is good and needed by the crypto community, and visit the website and social media of the project to read the feedback from the community.
legendary
Activity: 2982
Merit: 1280
Hire Bitcointalk Camp. Manager @ r7promotions.com
September 13, 2019, 03:19:12 PM
#50
To identify a good ICOs for investment isn't a tasky challenge, just follow the listed steps below
1. Always go through the project’s white paper
2. Team's qualification
3. The Business model and future development
4. Open cap or Hard cap
5. Checking on bitcointalk.org thread.

This covers all the needed thing in order to differentiate a good ICO from half baked one.  Alas, this does not guarantee that the project will be successful or not.  I have seen several projects that have a good development team but declared bankruptcy over the course of development thus folding the project and leaving the token holder bagholding worthless tokens/coins. 
jr. member
Activity: 448
Merit: 1
September 13, 2019, 02:30:37 PM
#49
This is really great. How I wish I've learnt about this two years ago when I was newly participating in bounty hunting. Majority of us have fallen for shit because of lack of access to this information.
hero member
Activity: 1204
Merit: 502
September 13, 2019, 02:28:28 PM
#48
The better form of token sale is IEO. For example held on Binance launchpad.
Then you need skilled team that already created working cryptocurrency.
Rich github, active community on all social media sites.
That should be enough.  Cool
newbie
Activity: 14
Merit: 0
September 13, 2019, 02:24:12 PM
#47
To identify a good ICOs for investment isn't a tasky challenge, just follow the listed steps below
1. Always go through the project’s white paper
2. Team's qualification
3. The Business model and future development
4. Open cap or Hard cap
5. Checking on bitcointalk.org thread.
jr. member
Activity: 286
Merit: 3
https://goldeth.io/
September 08, 2019, 02:28:17 PM
#46
the most important thing in the ico project is the whitepaper because all the project contents are listed in the whitepaper, then make sure the team and developer background in managing the project beforehand and also always track their transparency on website and also their social media sites
member
Activity: 490
Merit: 10
September 08, 2019, 02:27:47 PM
#45
For me it is still very difficult to determine which project is really good and which is just a hoax. I try to carefully study the project, all the information. Guided by seasoned experts bounty companies.
legendary
Activity: 1400
Merit: 1001
Undeads.com - P2E Runner Game
September 08, 2019, 01:52:50 PM
#44
Most of advise on this link is good, and really helpful for newbie. Review on their team, make sure their team have strong background and also have linkedin before they launch ICO/IEO, nowadays many developer team create linkedin only for ICO/IEO. I ever met some people who just made linkedin, when i search on google i never found their name, it must be fake team. When you review team, do not focus too much on advisors, more focus in every single person except advisors.

Review business plan, most of them said "Roadmap" / "Ecosystem", are they business plan really realible?  are they business already exist? Personally i dont like coin if their busines is not ready or exist.

Dont easy amaze with whitepaper, i saw many coin/token with very interesting concept, very interesting whitepaper, and finally goes to fail project
sr. member
Activity: 1638
Merit: 251
Hexhash.xyz
September 08, 2019, 10:16:25 AM
#43
Reading other people's articles for reference is good, but we must doing our own research as well.
To identify a good ICO, you will need to know the ICO is very legit, otherwise it will scam you and take your money.
Good ICO will makes many investors participating in their project, so we know that good ICO will have good amount of peoples participating.
full member
Activity: 434
Merit: 100
September 07, 2019, 08:42:01 AM
#42


Following the tips given on that article above can be helpful but not a guarantee that something will not go wrong as there are many good projects that caught the attention (and the purse, of course) of many but they eventually turned out to be a big nightmare to the tune of millions of dollars flying into thin air and the supporters left with empty plastic bags (hope they don't throw them into the ocean!).

The truth is that the very nature of the ICO platform is quite risky -- very risky -- all because the marketplace is not regulated and when anything is not regulated that is when the dark side of human nature can easily take in. With no sense of legal responsibly, project proponents and developers change theirs mask into that of a scammer.

Hopefully, with the coming of the IEO where exchanges are injected into the scene, things can get better but until there is a clear-cut regulation on the whole crowdfunding process there is no guarantee that a project will not, one day sooner or later,  just evaporate like a vapor under the light of the sun. Oh, well...

That absence of clear defined regulation is the reason many project devs find it so easy to exit scam. Once they find a way to raise money via ICO it suddenly becomes difficult to follow through on the project. IEO is good but it is still not a safe haven for investors as there is still that niggling risk of losing money from abandoned projects
jr. member
Activity: 104
Merit: 1
September 07, 2019, 06:45:42 AM
#41
Good points in the article and I definitely agree that all those will need to be checked before you invest on an ICO. There are aso good websites who will help you verify if the company/project is legit or not. You need to check everything that you could these days so that you're sure that your money/investment is in good hands before participating.
legendary
Activity: 3654
Merit: 1165
www.Crypto.Games: Multiple coins, multiple games
September 07, 2019, 06:35:25 AM
#40
in this forum many also suggest steps to produce a good ICO, so that we avoid fraud. most of them stated that the team played an important role for the success of an ICO. with a good team experience on a project, of course, will run a good project as well. maybe there are some other things that must be considered as well, such as the roadmap on a project, and the timeliness to run it, this can also be an indication
Having read the roadmap and how they are moving along with it is the most important part of the deal. I mean the team could be existing of people you have never heard of but that doesn't mean they will not follow up on what they do. If they have a roadmap that they are planning to follow and if you let them do a bit then you will see if they are actually doing what they promised or not, depending on that we could see a good team that will make a difference.

Of course, if the coin itself doesn't make any sense to you then there is no point of following the coin and you can just leave but if the idea itself is intriguing then you can just keep an eye on it. I never invest into any ICO without waiting a bit first, I follow them up until last second and invest like a day before its closed if I like the idea.
full member
Activity: 812
Merit: 100
September 05, 2019, 10:01:49 PM
#39

I already read the article, it says you must go through the whitepaper of the project.
This is the step where not everyone does. Peoples often to skip the whitepaper, but with reading the whitepaper
actually you can find the project is scam or not. Creating whitepaper need some time and cost to pay writers, scam project usually plagiarize other project's whitepaper to eliminate the cost.
So, checking whitepaper is good to identify a project.
full member
Activity: 896
Merit: 108
September 05, 2019, 06:30:28 PM
#38
A very useful article, can be used as a reference for investors and newcomers who do not understand the cryptocurrency ecosystem. Lay people are interested because cryptocurrency can provide huge benefits, without understanding the risks are also large, so it's easy to get caught cheats and disappointed, finally blaming and assuming dangerous crptocurrency. Though there are many things to consider.
There are five criteria explained in the article. The first thing I analyze before joining a project is the Business model and future development, it's very important to know the benefits of the project for the long term. After that Team Profile. If the team profile looks fake, there is no convincing social media activity, it could be a cheater trying to trick you.
hero member
Activity: 3038
Merit: 634
September 05, 2019, 03:52:55 PM
#37
I have failed a lot in my initial investments in ICOs in 2018. The majority of projects are fraudulent and just want to steal investors' money.
I was very subjective and after reading the article, I realized that my analytical skills were really poor and needed to be improved. It was very helpful to me.
You will improve in the right time if you dedicate time and work for it. The experience that you have last year is already a good initiative to become watchful about projects because you now have an idea on what to look at if ever you want to invest again.

You can also now figure it out if there's something sketchy within the project.
hero member
Activity: 616
Merit: 502
September 05, 2019, 08:43:23 AM
#36


Following the tips given on that article above can be helpful but not a guarantee that something will not go wrong as there are many good projects that caught the attention (and the purse, of course) of many but they eventually turned out to be a big nightmare to the tune of millions of dollars flying into thin air and the supporters left with empty plastic bags (hope they don't throw them into the ocean!).

The truth is that the very nature of the ICO platform is quite risky -- very risky -- all because the marketplace is not regulated and when anything is not regulated that is when the dark side of human nature can easily take in. With no sense of legal responsibly, project proponents and developers change theirs mask into that of a scammer.

Hopefully, with the coming of the IEO where exchanges are injected into the scene, things can get better but until there is a clear-cut regulation on the whole crowdfunding process there is no guarantee that a project will not, one day sooner or later,  just evaporate like a vapor under the light of the sun. Oh, well...

I couldn't agree more. I've so many experienced regarding about good ICOs that turned out to be a scam at the end off the sale, it was very heartbreaking, because you are hoping you could make good money from it but it all vanished into thin air just like what you have said. The only thing that we could do is to keep on trying, no matter how many times we have been scammed, it is important for us not to be taken down by obstacles in life.

We have to keep in our mind that not all of the ICO will turned out to be a scam at the end, though finding a good one is a hard thing to do since you can't know what will happen unless you are going to try it.
full member
Activity: 1050
Merit: 100
September 04, 2019, 11:58:24 PM
#35
You have to study the ICO project carefully to make sure it is worth your investment, because there are so many scam ICOs right now. If the project have a good and useful product, a clear and detailed whitepaper, and backed by an experienced and talented team, then it is maybe going to succeed.
Yes. Research is the best tool to end up in a good and legit ICO. But if we find it hard to identify those potential ICOs, this bitcointalk forum would be a great help to ask suggestions from those experienced ones and learn from their own brilliant ideas. It's good to work on your own but it would be much better if you motivate yourself to work well with others too.
in this forum many also suggest steps to produce a good ICO, so that we avoid fraud. most of them stated that the team played an important role for the success of an ICO. with a good team experience on a project, of course, will run a good project as well. maybe there are some other things that must be considered as well, such as the roadmap on a project, and the timeliness to run it, this can also be an indication
hero member
Activity: 1806
Merit: 672
September 05, 2019, 08:21:27 AM
#35
I don't agree with the article you have provided most of the things mentioned are all kinds of backgroud checks that limits the trader/investor to only revolving around the projects' whitepaper and people involved with their team. Some scam projects can convince a lot of people with a well published whitepaper as well as put up a fake team with fake credentials not digging deeper into them would only cost you on investing in a fake project. If you can't do background checks properly then you can kiss your money good bye. Another thing that helps me is Reddit's crypto subreddits also share some good insights with new ICOs by other redditors and it really helps me a lot.
hero member
Activity: 2520
Merit: 605
September 05, 2019, 07:44:59 AM
#34
You have to study the ICO project carefully to make sure it is worth your investment, because there are so many scam ICOs right now. If the project have a good and useful product, a clear and detailed whitepaper, and backed by an experienced and talented team, then it is maybe going to succeed.
Business experience of team really matters to me a lot if I am to consider any project. At least with their past and background, we will be able to tell the future of any project, most of the newer projects that we have being released to the market now, are just full of inexperience team members who claim that they are professionals at what they are doing, theoretically, they might be good, but practically they are not, and it takes someone who can interpret any project to the practical life that will have a sustained project.

All the altcoins that has been coming up, which practical use do they really have and how have they enhance the growing technology other than the use of their coins for assets purpose alone, and not for utility.
member
Activity: 980
Merit: 62
September 04, 2019, 02:16:06 PM
#33

ICOs are dead.
You can see it in the ETH price as it is totally depicted there. Hopefully with the rise of IEOs we are going to eliminate scam attempts and investors are going to be protected from losing their money.
hero member
Activity: 2912
Merit: 613
Winding down.
September 04, 2019, 07:40:00 PM
#33
You have to study the ICO project carefully to make sure it is worth your investment, because there are so many scam ICOs right now. If the project have a good and useful product, a clear and detailed whitepaper, and backed by an experienced and talented team, then it is maybe going to succeed.
Yes. Research is the best tool to end up in a good and legit ICO. But if we find it hard to identify those potential ICOs, this bitcointalk forum would be a great help to ask suggestions from those experienced ones and learn from their own brilliant ideas. It's good to work on your own but it would be much better if you motivate yourself to work well with others too.
legendary
Activity: 3654
Merit: 1165
www.Crypto.Games: Multiple coins, multiple games
September 05, 2019, 04:37:07 AM
#33
I would add social media accounts on top of this list as well. It shows bitcointalk topics and that is kiiiinda social media (does forums count as social media? I really don't know) but that doesn't mean that twitter/instagram and any other place (even including telegram groups or reddit) doesn't mean anything. They worth a lot, a coin could have a lot of money poured into it but that could be due to some whale believing in the project and that would mean nothing because just one person putting a lot of money into an ICO wouldn't make it go up.

However, if you check the social media accounts if the team is active there and there are thousands of people writing back or retweeting or basically interacting with the team then you know you have a highly active community behind that project which helps a lot.
member
Activity: 459
Merit: 10
September 05, 2019, 02:46:01 AM
#32
I have failed a lot in my initial investments in ICOs in 2018. The majority of projects are fraudulent and just want to steal investors' money.
I was very subjective and after reading the article, I realized that my analytical skills were really poor and needed to be improved. It was very helpful to me.
legendary
Activity: 1386
Merit: 1001
September 04, 2019, 02:45:16 PM
#31
You have to study the ICO project carefully to make sure it is worth your investment, because there are so many scam ICOs right now. If the project have a good and useful product, a clear and detailed whitepaper, and backed by an experienced and talented team, then it is maybe going to succeed.
hero member
Activity: 2604
Merit: 816
🐺Spinarium.com🐺 - iGaming casino
September 04, 2019, 09:09:10 PM
#31
At least, the article can be a guide for every people to search the good project to invest, and they can analyze by themselves to invest or not. But we can find a lot of information from this forum as if the project wants to release to the public, and they always give an announcement on here so we can read about their project before other people in out there. But that cannot be guaranteed if after we search for more information about the project, we will get the right project because sometimes the project can be a scam in the middle of the way.
sr. member
Activity: 910
Merit: 284
September 04, 2019, 04:41:55 PM
#30
I think each and everything creator from the starting of the project is very important to be successful at the end so I think we need to notice each and every strategy and. Involved in that product then only we can make good investment.
member
Activity: 854
Merit: 10
September 04, 2019, 02:18:42 AM
#29
Bitcoin is best investment now by my opinion
ICO are very much dead
ICO has trouble to raise money and find liquidity after token release
I am afraid that ico investing is way of  losing money

Yes, we are seeing the ICO's from 2017, which we are not getting any benefits from the ICO, mainly they are collecting money and leaving without any developments. Most of the people are afraid to invest in ICO, compared to the IEO's, investing in ICO's is completely wasting our money.
member
Activity: 120
Merit: 10
Here for enriching conversations
September 04, 2019, 12:21:07 PM
#29
The ICO fundraising model is now outdated, people can't just keep on pumping dead tokens into the market where demand is almost zero and expect a different result. Firstly, startups should only come into existence to solve real-life problems not imaginary ones. The build first and wait for users strategy we keep witnessing is not sustainable and dangerous for crypto. The golden question should be,'' What problem are you trying to solve?''
legendary
Activity: 3290
Merit: 1128
September 04, 2019, 11:48:46 AM
#28
Bitcoin is best investment now by my opinion
ICO are very much dead
ICO has trouble to raise money and find liquidity after token release
I am afraid that ico investing is way of  losing money

i cannot agree more ICOs are left behind now unless followed up by IEO, i noticed that projects done before are trying to market again by doing IEO
which i think is a good strategy but they should choose a decent or reliable exchange so they can appear more attractive to investors.
I don’t seem to get your point at all, are you saying that projects that has done ICO and has failed should come the second to raise money all over again? First, what did they do with the first money?

Most of them can't even account for the money they raised in the first instance, and now you are encouraging them to come second time to dupe innocent investors again, I would never buy into that idea, and any project that comes up with such thing should be tagged as a complete thief and it would really be an eye saw for any exchange that accept such project in their platform after they have disappointed so many investors.

They should amend their ways first by making sure that the first money they collected do something tangible, and what assurance that they will be able to manage the second money they got if they can't manage first.
full member
Activity: 1177
Merit: 102
September 04, 2019, 10:56:22 AM
#27
Following first side check team members and their everyone profile bio and CEO experience, seems most important ICO/IEO development planning which exchange there want accept. Basically don't forget us project partnership.
sr. member
Activity: 1330
Merit: 326
September 04, 2019, 01:56:40 AM
#26
I appreciate the article. We can really spot which ICO is indeed a good one or not. I always look for the team, the feasubility of the product. I am not saying we can't only rely in the whitepaper only but we can also identify if the content was just a copy paste from the other whitepaper's or not. Almost ICOs nowadays are hard to see the  potential. But investors should really know these facts for them not to regrets investing in such projects.
legendary
Activity: 3094
Merit: 1127
September 03, 2019, 12:10:20 PM
#25
Bitcoin is best investment now by my opinion
ICO are very much dead
ICO has trouble to raise money and find liquidity after token release
I am afraid that ico investing is way of  losing money
Gone are the days where ICO is very profitable back in 2017 and later on been nested out by scammers because this is the most easiest way to earn millions out of thin air and on early 2018 these ICO is already considered as dead.Identifying good ICO is just having the same casual research and in depth analysis but even how good the project is but the support isnt there then it would still fail up. IEO is the new hype but i dont see any difference when it comes to long term prospect.
legendary
Activity: 3248
Merit: 1179
September 03, 2019, 11:58:30 AM
#24
Always the same, check the white paper, business model and road map, check the team behind. Analyze all informations and try to make your move, if your analytical skills are good you have more chances to make a good investment.

Bitcoin is best investment now by my opinion
ICO are very much dead
ICO has trouble to raise money and find liquidity after token release
I am afraid that ico investing is way of  losing money

i cannot agree more ICOs are left behind now unless followed up by IEO, i noticed that projects done before are trying to market again by doing IEO
which i think is a good strategy but they should choose a decent or reliable exchange so they can appear more attractive to investors.

Bitcoin was the best investment before and it`s the best investment now. That will not be different in the near future. That is advised by many people here, first make investment in bitcoin then invest in other crypto projects.
Ico`s are not dead. Ico`s and Ieo`s are ways for project developers to raise money for their ideas and as I see many still choose classical approach, ico. Ieo is different in one thing, exchange support the project on their platform, they sell coins or tokens, and after the end of ieo they list project on their exchange, which is a good thing, many icos never come to listing their coin on exchange.
hero member
Activity: 1820
Merit: 537
September 03, 2019, 10:55:35 AM
#23
Bitcoin is best investment now by my opinion
ICO are very much dead
ICO has trouble to raise money and find liquidity after token release
I am afraid that ico investing is way of  losing money

i cannot agree more ICOs are left behind now unless followed up by IEO, i noticed that projects done before are trying to market again by doing IEO
which i think is a good strategy but they should choose a decent or reliable exchange so they can appear more attractive to investors.
sr. member
Activity: 1092
Merit: 256
Leading Crypto Sports Betting & Casino Platform
September 03, 2019, 08:48:05 AM
#22
Bitcoin is best investment now by my opinion
ICO are very much dead
ICO has trouble to raise money and find liquidity after token release
I am afraid that ico investing is way of  losing money
Agreed, I too have encountered the same with ico's. Same time I've a belief that everything gets running on a cyclic process. With this now ico's have lost the importance, maybe once again an year similar to 2017 could come. Cryptocurrency market is completely out of our predictions, any form of changes will happen within a very short time.
Pab
legendary
Activity: 1862
Merit: 1012
September 03, 2019, 06:31:08 AM
#21
Bitcoin is best investment now by my opinion
ICO are very much dead
ICO has trouble to raise money and find liquidity after token release
I am afraid that ico investing is way of  losing money
sr. member
Activity: 1134
Merit: 254
September 03, 2019, 01:51:59 AM
#20
for some people who want to invest, the article is indeed very helpful. it can even be done for interesting ICO, or IEO projects. however we do need to do more in-depth research on white papers, teams, concepts, and people's opinions. it can show the picture that the project will achieve in the future. personally, this is very helpful for me.
legendary
Activity: 2338
Merit: 1124
September 03, 2019, 04:35:06 AM
#20
My otherwise question is whether there is really a way to know an ICO project that will not scam people? They are beds of sane finger that flick together. I mean, you can't just hold them from not running away  Roll Eyes Roll Eyes Cry
Lol, I understand what you feel, it is not really easy to discern the project, some will come to you like sheep's, meanwhile they are in wolf’s clothing, but with a good knowledge of the industry we are, we should be able to spot some of them out when we do our analysis on those project, book wise and physical wise.

Most project that I have invested in, I make sure that I check the concept of the product first and see if it is a project that make sense and will have real use case, when I am convince about that, then I move to checking everything about the team, I check if the team well knowledgeable about the project and also look for project that has team that can do video calls or conferences, at least their  face will be open to the public in that video.
sr. member
Activity: 566
Merit: 250
CurioInvest [IEO Live]
September 02, 2019, 08:05:29 PM
#19
Article's definitely a very good go-to for anyone just starting out in the ICO venture. Very brief and concise. Got a good grasp of some of the basic concepts that I neglected to look into before, like open and hard cap. Thanks for sharing. Cool
newbie
Activity: 50
Merit: 0
September 03, 2019, 04:29:56 AM
#19
In the flood of ICOs is really hard to tell which are worth investing. Sometimes is also hard to make a proper background check.
Even if it's not about scam majority of ICOs will not end well on the market so you will not make profit or it will be very little. That is why to my opinion ICOs are usually not worth time and money. Don't let greed to be your only motive.

Indeed. I tend to mostly agree with very few exceptions. Caveat Emptor rule always applies, but there is no standard way to evaluate / conduct due diligence.
Difficult to separate the marketing hype from the network value.

Team experience & profiles - Not a reliable indicator of project success
I've seen projects with teams of highly experience ppl and long resumes fail miserably while teams of humble no-names succeed and gain notoriety.
Having more tech ppl actually working full-time on the project does go a long-way.

Whitepaper - Does not represent anything other than a vision. Not to be relied for ROI purposes.

Corporate backing - Not a necessary guarantee of success, as many companies are keen to capitalize on marketing hype for stock valuation purposes or other

Clear use case - Most "clear" use cases today were only "obvious" in hindsight a few years afterwards.

The best projects are usually bland, boring stuff that takes time and effort to build, not very conductive to a media hype frenzy of revolutionizing/disrupting.
Think low-key projects raising low to medium amounts for a well-defined business-case.
Building stuff takes time, patience and hard work. Again, not rly aligned with pump&dump high-speculatory environment.

A project still alive and active after 2 years, with paying customers and revenue stream (from network, fees, etc) and a committed team.
That's the hallmark of success. That must come first so that the tokeneconomics fall in place.
hero member
Activity: 2744
Merit: 588
September 02, 2019, 07:01:04 PM
#18
My otherwise question is whether there is really a way to know an ICO project that will not scam people? They are beds of sane finger that flick together. I mean, you can't just hold them from not running away  Roll Eyes Roll Eyes Cry

An ICO project using fake profiles or someone else's profile is one good indication that they are heading to scam gullible investors.
But even for those authentic projects, they can't escape from the reality that if one of their team members decided to screw the project because of greed, their fate would be hazy too.
Investing in ICO entails great risk even if you consider all major facets to look at. There's no guarantee in this side of business. Just take precautions to minimize big losses.
hero member
Activity: 2660
Merit: 551
September 02, 2019, 06:45:50 PM
#17
My otherwise question is whether there is really a way to know an ICO project that will not scam people? They are beds of sane finger that flick together. I mean, you can't just hold them from not running away  Roll Eyes Roll Eyes Cry

In theory, there's no really way to filter out and point that this ICO is scam or this ICO is bad after all they've just released their product to the market. So in paper there's no way for us to really identify good or bad ICO's. There is also this thing called marketing, so they will promote it so hard that you will be sway to joined them. However, if you see that this ICO is just a copy of a previous project, chances are it could fail because investors are looking for projects that can a real life usage.
full member
Activity: 1736
Merit: 121
September 02, 2019, 03:35:11 PM
#16
My otherwise question is whether there is really a way to know an ICO project that will not scam people? They are beds of sane finger that flick together. I mean, you can't just hold them from not running away  Roll Eyes Roll Eyes Cry
hero member
Activity: 1330
Merit: 569
September 02, 2019, 12:33:44 PM
#15


Following the tips given on that article above can be helpful but not a guarantee that something will not go wrong as there are many good projects that caught the attention (and the purse, of course) of many but they eventually turned out to be a big nightmare to the tune of millions of dollars flying into thin air and the supporters left with empty plastic bags (hope they don't throw them into the ocean!).

The truth is that the very nature of the ICO platform is quite risky -- very risky -- all because the marketplace is not regulated and when anything is not regulated that is when the dark side of human nature can easily take in. With no sense of legal responsibly, project proponents and developers change theirs mask into that of a scammer.

Hopefully, with the coming of the IEO where exchanges are injected into the scene, things can get better but until there is a clear-cut regulation on the whole crowdfunding process there is no guarantee that a project will not, one day sooner or later,  just evaporate like a vapor under the light of the sun. Oh, well...

I do agree with you because majority of the ICOs would tick all of these box established and also with other suggestions other people have equally listed but at the end of the day either by intention or omission, it just does not work out. Some could be the greediness of the managers others could just because the product did not appeal to the generality of the people they are trying to entice and aside that there could be series of project at the same time. The point is, all of these characteristics does not guarantee the best outcome just reducing the chance of being at the disadvantage from the start.
jr. member
Activity: 129
Merit: 1
September 02, 2019, 11:27:35 AM
#14
Its much better in this year to invest in IEO instead
legendary
Activity: 2912
Merit: 1068
WOLF.BET - Provably Fair Crypto Casino
September 02, 2019, 10:51:48 AM
#13
In the flood of ICOs is really hard to tell which are worth investing. Sometimes is also hard to make a proper background check.
Even if it's not about scam majority of ICOs will not end well on the market so you will not make profit or it will be very little. That is why to my opinion ICOs are usually not worth time and money. Don't let greed to be your only motive.
sr. member
Activity: 868
Merit: 266
September 02, 2019, 10:03:47 AM
#12
Most of these ICOs may end passing all these red flags but that doesn't mean that they are scams, I like the idea about knowing the people who are in charge of the ICO before investing but even in that case, people do change and where there is a lot of money involved people become greedy.
sr. member
Activity: 896
Merit: 272
OWNR - Store all crypto in one app.
September 02, 2019, 09:20:51 AM
#11

The best part of the article is the Bitcointalk part, here in this forum we can expose who are and who aren't, a project may have everything investors are looking for a project, but if they cannot address issues and concerns raise by members of this forum they are in trouble, take a look at Adab they look very impressive, but they are exposed as a dubious project, and this forum exposed them.
This is the beauty of this forum where members can really help out to verify and identify which one is a potential fraud or not.
You can get recommendations basing on actual users experience and insights which is very helpful.
Indeed, people are free to share their knowledge and opinion which is useful because they can enlighten you about something you are lack of.  If we have any concern or problem we can just ask for some thoughts and opinions that can give us idea about some things we need to do to surpass that specific problem.
legendary
Activity: 3458
Merit: 6948
Top Crypto Casino
August 02, 2019, 01:15:15 PM
#10
I like this quote from the article:

The article is just a compilation of every ICO investors opinion.
Yeah, I found it to be pretty useless myself.  OP probably has some relationship to that site and is just shilling it for clicks.
hero member
Activity: 2828
Merit: 611
August 02, 2019, 01:06:48 PM
#9
That is a very great tips that you have right there, the most important of those tip is the aspect of verifying team qualification, because the lifeline of the project really depends on the team of the company, how intelligent they are to really carry out such project, and the experience they have had so far in the area of the blockchain technology they are trying to propose.

I think I would also want to consider that aspect of cap, I must confess to you that it is in your write-up that I am seeing the open cap fund rising, how can a project just have unending donations, to me, I will strictly just term such projects as scam, because feasibility ought to have been done for a project and them have a limit of what the really need to run the project smoothly, but not to have a wallet that will always take in Mooney from investors.
hero member
Activity: 3038
Merit: 634
August 02, 2019, 12:09:09 AM
#8
The article is just a compilation of every ICO investors opinion. Like the usual answer of someone when you'll ask them what are the things to consider before investing to an ICO.

  • Team
  • Whitepaper
  • Use case / legitimacy
legendary
Activity: 2170
Merit: 1789
August 01, 2019, 11:04:35 PM
#7
You should at least write what you thought about the article that you shared above. Seems like you have a hobby of making new threads with just a single link in it.

Anyway, forget about ICO. If you want to make money without thinking too much, just buy IEO from Binance or Gate. Their market maker will pump your bought coins like crazy for the first few hours, regardless of the quality of the project itself. Nice money grab machine.
hero member
Activity: 2996
Merit: 609
August 01, 2019, 05:39:34 PM
#6

The best part of the article is the Bitcointalk part, here in this forum we can expose who are and who aren't, a project may have everything investors are looking for a project, but if they cannot address issues and concerns raise by members of this forum they are in trouble, take a look at Adab they look very impressive, but they are exposed as a dubious project, and this forum exposed them.
This is the beauty of this forum where members can really help out to verify and identify which one is a potential fraud or not.
You can get recommendations basing on actual users experience and insights which is very helpful.
hero member
Activity: 2940
Merit: 593
Leading Crypto Sports Betting & Casino Platform
August 01, 2019, 12:28:50 PM
#5

The best part of the article is the Bitcointalk part, here in this forum we can expose who are and who aren't, a project may have everything investors are looking for a project, but if they cannot address issues and concerns raise by members of this forum they are in trouble, take a look at Adab they look very impressive, but they are exposed as a dubious project, and this forum exposed them.
legendary
Activity: 2380
Merit: 4265
eXch.cx - Automatic crypto Swap Exchange.
August 01, 2019, 07:05:39 AM
#4

Hopefully, with the coming of the IEO where exchanges are injected into the scene, things can get better but until there is a clear-cut regulation on the whole crowdfunding process there is no guarantee that a project will not, one day sooner or later,  just evaporate like a vapor under the light of the sun. Oh, well...

Well said but don't think anything will change, the exchanges themselves aren't regulated either so scammers can take advantage of them, especially the new exchanges coming into the scene and immediately offering their platform as a host to IEOs. The centralized exchanges can't be trusted too as most of them put profitablity over their reputation. Trying not to mention names but some exchange that has once been accused and proven of listing a scam coins is now be promoted as the best platforms to carryout IEO. Also considering the expenses involves in this IEO listing process, there isn't any guarantee the team of those projects won't dump their allocations on the market to recover some funds for further development of their project. The whole IEO system won't work or get close to the success level of ICO unless the ridiculous fees associated with carrying out an iEO is reduced and also the requirement of holding certain coins to be eligible to participate in the fund rising process is been eliminated.
sr. member
Activity: 1008
Merit: 355
August 01, 2019, 03:47:06 AM
#3


Following the tips given on that article above can be helpful but not a guarantee that something will not go wrong as there are many good projects that caught the attention (and the purse, of course) of many but they eventually turned out to be a big nightmare to the tune of millions of dollars flying into thin air and the supporters left with empty plastic bags (hope they don't throw them into the ocean!).

The truth is that the very nature of the ICO platform is quite risky -- very risky -- all because the marketplace is not regulated and when anything is not regulated that is when the dark side of human nature can easily take in. With no sense of legal responsibly, project proponents and developers change theirs mask into that of a scammer.

Hopefully, with the coming of the IEO where exchanges are injected into the scene, things can get better but until there is a clear-cut regulation on the whole crowdfunding process there is no guarantee that a project will not, one day sooner or later,  just evaporate like a vapor under the light of the sun. Oh, well...
member
Activity: 526
Merit: 10
Lifestyle & Wellness Platform
August 01, 2019, 03:13:25 AM
#2
I have read and it really helped me a lot in analyzing projects to submit to my small investment groups. thank you very much.
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