Topic: ICO basics for Newbies - page 2. (Read 580 times)
investing in ICOs can be pretty rewarding, it is true that you need to do research for obvious things like; who are the people behind it? are they solving a real problem? What about the comunity supporting it etc... I´ve done a few ICOs like Power Ledger, Bankera, LA Token. Eventhough, i am still waiting on Bankera to finish its ICO sale, the oher two have done well for me.
Thank you so much for the sharing idea guys! Looking forward to join in ICO for the first time 
This post is helpful for beginners, many people think it is a very profitable thing, but do not know what ICO is, so this post popularize knowledge.
This information is really helpful to newbies and to other members who's not really familiar with some terms used here, especially ICOs.
Very good 101 on ICOs.
My friends are constantly asking me to explain what's this, what's that. Now I will just point then here plus few more places to read.
My friends are constantly asking me to explain what's this, what's that. Now I will just point then here plus few more places to read.
Great post man! For sure it will help newbies who want to start investing in ICOs.
hopefully with this tread can help a lot for the newbie, and for myself.
I also recently joined one of ICO with a little experience, and full of confidence, I jumped into ICO
I also recently joined one of ICO with a little experience, and full of confidence, I jumped into ICO
I would add to this, that the best way to do research is to try and get in contact with the actual team themselves.
This will reveal so much about the project and you get accurate first hand information.
Any good ico that I have invested in had some means of open communication with investors.
Some bigger projects might do this through a community manager, but I have found that a lot of them, the ceos themselves will take the time to address concerns and answer questions.
This might be seen as shilling, but it is good to share because I am genuinely impressed with the team behind Titanium.
The ceo took the time to personally answer any questions I had.
That transparency made me confident about the team's ability to carry out their plans.
More than anything, I believe the team is what will determine the project's success or not.
This will reveal so much about the project and you get accurate first hand information.
Any good ico that I have invested in had some means of open communication with investors.
Some bigger projects might do this through a community manager, but I have found that a lot of them, the ceos themselves will take the time to address concerns and answer questions.
This might be seen as shilling, but it is good to share because I am genuinely impressed with the team behind Titanium.
The ceo took the time to personally answer any questions I had.
That transparency made me confident about the team's ability to carry out their plans.
More than anything, I believe the team is what will determine the project's success or not.
Just some basic stuff to get you started:
ICO = Initial coin offering. Sometimes called a TGE (token generation event).
Coin = has it's own blockchain. Token = attached to a platform that has utility.
Generally, an ICO is a startup company that is trying to raise funds.
Sometimes, it's an already established company that is moving a part of it's product or system to blockchain technology (or they want to expand their business).
Typically, they would have to gather funds through typical investment channels.
Now, due to blockchain and smart contract tech, companies can bypass that and go straight to the community.
Basically, it is like crowdfunding or crowdsourcing with blockchain technology.
People like ICOs because you can typically get a coin for a huge discounted price.
Also, you can be an active part of an exciting new company or project.
People dislike ICOs because there are so many of them, that the quality of startups has really started to decline with many copy cats and startups that have no benefit using coins or tokens at all.
Also, there are many companies that are outright scams or near scams, where you can lose a lot of your investment.
General Advice:
Websites and youtubers that list a lot of ICO's with reviews generally get paid to do the review so they are biased. However, they are good starting points to do your own research.
You will most likely need an erc20 wallet to invest. myetherwallet is one of the most popular. You can adjust gas prices on it, so if you want the ether to go through quickly so you can get a bonus, you can do so.
Become an active part of the community surrounding an ICO. Join their telegram, slack, or whatever they use and also frequent their ANN thread here in bitcointalk.
The most important parts of the the company to look at to determine if it is a scam or not is the development team and the whitepaper. Take the time to look at the team's online present and professional profiles.
To determine whether or not it will be a successful investment or not, look at the max supply of coins, how many and where they will be distributed, the soft and hard caps, the price of the coin, whether they have a working product or not, and their roadmap.
Last bit:
Most of my profit in crypto has been through ICOs. I believe it is a great way to invest ONLY if you take the time to do some hardcore research, don't just follow hype.
ICO = Initial coin offering. Sometimes called a TGE (token generation event).
Coin = has it's own blockchain. Token = attached to a platform that has utility.
Generally, an ICO is a startup company that is trying to raise funds.
Sometimes, it's an already established company that is moving a part of it's product or system to blockchain technology (or they want to expand their business).
Typically, they would have to gather funds through typical investment channels.
Now, due to blockchain and smart contract tech, companies can bypass that and go straight to the community.
Basically, it is like crowdfunding or crowdsourcing with blockchain technology.
People like ICOs because you can typically get a coin for a huge discounted price.
Also, you can be an active part of an exciting new company or project.
People dislike ICOs because there are so many of them, that the quality of startups has really started to decline with many copy cats and startups that have no benefit using coins or tokens at all.
Also, there are many companies that are outright scams or near scams, where you can lose a lot of your investment.
General Advice:
Websites and youtubers that list a lot of ICO's with reviews generally get paid to do the review so they are biased. However, they are good starting points to do your own research.
You will most likely need an erc20 wallet to invest. myetherwallet is one of the most popular. You can adjust gas prices on it, so if you want the ether to go through quickly so you can get a bonus, you can do so.
Become an active part of the community surrounding an ICO. Join their telegram, slack, or whatever they use and also frequent their ANN thread here in bitcointalk.
The most important parts of the the company to look at to determine if it is a scam or not is the development team and the whitepaper. Take the time to look at the team's online present and professional profiles.
To determine whether or not it will be a successful investment or not, look at the max supply of coins, how many and where they will be distributed, the soft and hard caps, the price of the coin, whether they have a working product or not, and their roadmap.
Last bit:
Most of my profit in crypto has been through ICOs. I believe it is a great way to invest ONLY if you take the time to do some hardcore research, don't just follow hype.
This is true:
"Websites and youtubers that list a lot of ICO's with reviews generally get paid to do the review so they are biased. However, they are good starting points to do your own research."
Nice overview, thanks man.
There is a lot of tech lingo that can confuse the beginner into the crypto world and these sort of threads help out new adopters, remember crypto becomes bigger when more people support it!
There is a lot of tech lingo that can confuse the beginner into the crypto world and these sort of threads help out new adopters, remember crypto becomes bigger when more people support it!
Great summary for newbie
More links below
https://blog.wavesplatform.com/how-to-run-an-ico-e21b9f8c11d6
More links below
https://blog.wavesplatform.com/how-to-run-an-ico-e21b9f8c11d6
ICO is very beneficial for newbie, they get good knowledge about the market by studying. They also learn some basics thing from it to get invole with crypto. But it is immensely important to analyse the project before making any investment.
I am posting this link from another bitcointalk thread.
It is one of the most useful threads by far for those that are having a hard time finding icos.
https://bitcointalksearch.org/topic/ico-spreadsheets-2552575
It has a list of spreadsheets that are maintained by various crypto investors.
Most of them have links to ico's websites, ratings, and information such as KYC, US/Chinese citizen participation, hardcaps, and dates.
Once again, it is important to do your own research.
This means you look at the entire website, read the entire whitepaper, contact people or the devs themselves on their telegram, double check the professional profiles of the team, compare the project to its competition, try the product out if they have one, run the numbers and calculate how much profit can be gained through short term flipping vs. long term holding, etc.
It takes a lot of time but there are huge benefits by doing your due dilligence:
#1) You will have 100% confidence and peace of mind when you invest. Something that is very valuable in this volatile market.
#2) You WILL get profit. Well there is always a slight chance to lose, but I have never met someone that has lost money after they have done their own thorough research. The research will weed out the bad options. The ones losing money are those who don't research or just follow hype or invest off of a mere suggestion.
#3) You will learn TONS about market economics, blockchain tech, investment principals, and more. I have been able to use all of the knowledge to increase my ability to do my normal trading.
It is one of the most useful threads by far for those that are having a hard time finding icos.
https://bitcointalksearch.org/topic/ico-spreadsheets-2552575
It has a list of spreadsheets that are maintained by various crypto investors.
Most of them have links to ico's websites, ratings, and information such as KYC, US/Chinese citizen participation, hardcaps, and dates.
Once again, it is important to do your own research.
This means you look at the entire website, read the entire whitepaper, contact people or the devs themselves on their telegram, double check the professional profiles of the team, compare the project to its competition, try the product out if they have one, run the numbers and calculate how much profit can be gained through short term flipping vs. long term holding, etc.
It takes a lot of time but there are huge benefits by doing your due dilligence:
#1) You will have 100% confidence and peace of mind when you invest. Something that is very valuable in this volatile market.
#2) You WILL get profit. Well there is always a slight chance to lose, but I have never met someone that has lost money after they have done their own thorough research. The research will weed out the bad options. The ones losing money are those who don't research or just follow hype or invest off of a mere suggestion.
#3) You will learn TONS about market economics, blockchain tech, investment principals, and more. I have been able to use all of the knowledge to increase my ability to do my normal trading.
This is good guide for people who don't know what ICO's are, or for people who want to learn something more or to remind them self about something. People tend to forget, that most of the times basic things are most important, and this thread is about that.
There are all kind of ICO's out there and this is good reminder for us to do good research before joining, to be sure that we are not making a mistake.
There are all kind of ICO's out there and this is good reminder for us to do good research before joining, to be sure that we are not making a mistake.
Just when I was about to start Investing in ICOs!!!, great tips, Thanks, I'll definitely be doing deep researches now that I know all this.
No doubt...
Very useful information not only for newbies as well for all others.
Before taking part in any ICO you should need to study all aspects it will be more helpful to you to choose a healthy project with some extra potential.
You should have to visit the forum & you will get some useful tips.
Very useful information not only for newbies as well for all others.
Before taking part in any ICO you should need to study all aspects it will be more helpful to you to choose a healthy project with some extra potential.
You should have to visit the forum & you will get some useful tips.
Well, this is a great thread for people who are learning. On my experience, I've seen so many people asking silly questions either on telegram or BTT... that are answered on the ANN or Whitepaper. My advise: Take time to READ! Understand every point of the project, and THEN ask if something is not clear. But if you ask silly questions on their channels you won't be taken seriously.
Thanks! I really appreciate your work, it is useful.
If you are a beginner, better fill the Airdrops. Study the forum, score points for raising the rating. And when you get Junior status, then it's better then start to deal with ISO. 
XRB (Raiblocks) team will open new ico. This is Dadi. (the best project)
Project description :
Token presale starts 22nd January 2018 at 12:00 (UTC) and ends 29th January 2018 at 12:00 (UTC) with 50% discount on the Public Sale price.
Public Sale token sale start 29th January 2018 at 12:00 (UTC) and ends 28th February 2018 at 12:00 (UTC).
Unlike existing centralized cloud services, DADI implements a fog computing structure - a decentralized pool of devices, all of which are connected to the Internet.
With DADI there is no single authority that regulates computing resource distribution. The platform uses cost-efficient fog computing organized by a Decentralized Autonomous Organization (DAO) rather than a centralized cloud structure, removing the need to pay in advance for private and monopolized cloud computing platforms such as Amazon Web Services (AWS), Microsoft Azure and Google Cloud.
DADI’s web services are organized around a microservices architecture that provides a series of intelligent apps for building digital products.
Every digital product is powered by web services. And every business using the web will have the option to build on DADI’s platform at a price point unimaginable today. Moreover, all Internet users will be able to use DADI to generate passive income by providing their computational resources for rent.
Must search dadi. Ico starts 22nd january. RaiBlocks team helps them. Come New RaiBlocks.. team,comunity,investment,plan,project are wonderful. Price $: 0.25 per coins.
https://dadi.cloud/public/img/bitcointalkPromo-1.jpg
https://dadi.cloud/public/img/bitcointalkPromo-2.jpg
https://dadi.cloud/public/img/bitcointalkPromo-3.jpg
https://dadi.cloud/public/img/bitcointalkPromo-4.jpg
https://dadi.cloud/public/img/bitcointalkPromo-5.jpg
https://dadi.cloud/public/img/bitcointalkPromo-6.jpg
https://dadi.cloud/public/img/bitcointalkPromo-7.jpg
https://dadi.cloud/public/img/bitcointalkPromo-8.jpg
https://dadi.cloud/public/img/bitcointalkPromo-9.jpg
https://dadi.cloud/public/img/bitcointalkPromo-10.jpg
KEY LINKS
Supporting site for the DADI Crowdsale: https://dadi.cloud/r/v0fy4j5feh
Documents
Technology
Connect with the team
Project description :
Token presale starts 22nd January 2018 at 12:00 (UTC) and ends 29th January 2018 at 12:00 (UTC) with 50% discount on the Public Sale price.
Public Sale token sale start 29th January 2018 at 12:00 (UTC) and ends 28th February 2018 at 12:00 (UTC).
Unlike existing centralized cloud services, DADI implements a fog computing structure - a decentralized pool of devices, all of which are connected to the Internet.
With DADI there is no single authority that regulates computing resource distribution. The platform uses cost-efficient fog computing organized by a Decentralized Autonomous Organization (DAO) rather than a centralized cloud structure, removing the need to pay in advance for private and monopolized cloud computing platforms such as Amazon Web Services (AWS), Microsoft Azure and Google Cloud.
DADI’s web services are organized around a microservices architecture that provides a series of intelligent apps for building digital products.
Every digital product is powered by web services. And every business using the web will have the option to build on DADI’s platform at a price point unimaginable today. Moreover, all Internet users will be able to use DADI to generate passive income by providing their computational resources for rent.
Must search dadi. Ico starts 22nd january. RaiBlocks team helps them. Come New RaiBlocks.. team,comunity,investment,plan,project are wonderful. Price $: 0.25 per coins.
https://dadi.cloud/public/img/bitcointalkPromo-1.jpg
https://dadi.cloud/public/img/bitcointalkPromo-2.jpg
https://dadi.cloud/public/img/bitcointalkPromo-3.jpg
https://dadi.cloud/public/img/bitcointalkPromo-4.jpg
https://dadi.cloud/public/img/bitcointalkPromo-5.jpg
https://dadi.cloud/public/img/bitcointalkPromo-6.jpg
https://dadi.cloud/public/img/bitcointalkPromo-7.jpg
https://dadi.cloud/public/img/bitcointalkPromo-8.jpg
https://dadi.cloud/public/img/bitcointalkPromo-9.jpg
https://dadi.cloud/public/img/bitcointalkPromo-10.jpg
KEY LINKS
Supporting site for the DADI Crowdsale: https://dadi.cloud/r/v0fy4j5feh
Documents
- Technology white paper: http://dadi.link/id
- Business overview: http://dadi.link/ie
- Web services deep dive: http://dadi.link/in
- Marketing strategy: http://dadi.link/io
Technology
- Supporting site for DADI Web Services: https://dadi.tech/en/
- Documentation: https://docs.dadi.tech
- Source code: https://github.com/dadi
Connect with the team
- Discord: https://discord.gg/3sEvuYJ
- Twitter: https://twitter.com/dadi
- Forum: https://forum.dadi.tech
- Reddit: https://reddit.com/r/dadi
- Medium: https://medium.com/@daditech
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