Hello everyone, I have seen many people asking for the advice on how to choose the right ICO investments, so I would like to share my investment guide with those guys:
1. I look at the project viability. Does it make sense for this project to achieve its goals? Is the business model viable or only good looking money grabber? White paper is crucial part of studying this.
2. Real team behind the project. I never invest in ICOs that don't revel their teams, that can not end up well. I check if the people mentioned on team page are real people and whether they know they're mentioned in the project and whether they have relevant experience given their project focus. Linkedin works well for this purpose.
3. Competition. Checking if the idea behind the project is unique or is it a copy paste of other ICOs?
4. Execution. You can get good sense of whether the project will be executed properly by seeing how the team has built the website, social media, how is treating bounty participants and updating stakes. That can tell you much about their future work.
I hope it helps
Never judge an ICO through ICO rating website. As these rating can be sponsored. I have seen few cases where top rating sites gave a rating of 5/5 and later they removed it from their website. There are chances that they have their share in ICO rating.
So the question comes how to choose best ICO?
If you have an ICO say XYZ then types in google "XYZ bounty" you will find a bitcointalk thread with ICO marketing details. Almost every ICO shares their contribution as bounty to get more contributors.
I have seen projects like TEZOS or RAIDEN NETWORK or ATONOMI or ENIGMA. These ICOs never offered any bounty or marketing advertisements still they reached hardcap.
There are many points like a team, whitepaper blablabla... already discussed in this thread. I always prefer to check the reputation of company and absence of bounty other than the concept, team, etc.
It works... Whats your opinion???
