Let me shake your hand, you're awesome! Let's call it "Colwell test" 
Great job mate, very helpful list. I really don't know what to add, but I have many questions.
Please explain, what do you mean by questions:
Also I think it would be better to use "Yes, No, Not Available format". For example, the question "Does the project benefit from being on the blockchain? Should it be on the blockchain?" can be modified in a more specific and simple way "Blockchain is necessary to run the project or not?".
The answer to the question "What blockchain is it running on?" is often will be "Ethereum". How should we consider it? As good, bad, or just normal? I think this question also needs to be improved. How about "Is it running on the fastest of existing blockchains?"
The question "Can the team be found on LinkedIn and Github?" represents 2 questions actually.
The question "Has the founding team demonstrated the characteristics (inclusive, transparent, objective, etc.) necessary to build a healthy community?" is actually at least 3 questions according to "inclusive, transparent, objective". What other characteristics are necessary to build a healthy community?
The same about "How are developers compensated? By donation? Or some formal commitment?". Any other ways of compensation are being used during tokensales?
What should I do with the numbers of tokens are being created and circulating supply? are there any guidelines for these numbers?
What is price per token? — the same. What if it's below 10 US cents? what if it's around $1? what if $10?
Many thanks again!
Great job mate, very helpful list. I really don't know what to add, but I have many questions.
Please explain, what do you mean by questions:
- Who will support the token?
- What are the possibilities past the first use case?
- Is it impossible to substitute the use of the token for another? It's always possible to switch the project to another blockchain by issuing the same amount of tokens.
- How will the team continue to communicate their progress?
- What is the team's timescale for implementing their proposals? I understand the question, but I don't see how to interpret the answer. Let's say, it's around 7 years. Is it good or bad? What if it's about 1 year?
- What rights does the token provide the investor? — which options are available on the market today?
- Is there a Reddit community? — why it's crucial? what if it's Telegram public chat and a blog on Medium only?
- How often has the project been mentioned in the press? — any numbers to compare?
- In what jurisdiction is the company incorporated? — what if Estonia? What if Singapore? What if Russia? What if some offshore islands? What if Switzerland or Luxembourg?
- What legal structures are being disclosed? — which should be disclosed in case of a perfectly organised ICO?
Also I think it would be better to use "Yes, No, Not Available format". For example, the question "Does the project benefit from being on the blockchain? Should it be on the blockchain?" can be modified in a more specific and simple way "Blockchain is necessary to run the project or not?".
The answer to the question "What blockchain is it running on?" is often will be "Ethereum". How should we consider it? As good, bad, or just normal? I think this question also needs to be improved. How about "Is it running on the fastest of existing blockchains?"
The question "Can the team be found on LinkedIn and Github?" represents 2 questions actually.
The question "Has the founding team demonstrated the characteristics (inclusive, transparent, objective, etc.) necessary to build a healthy community?" is actually at least 3 questions according to "inclusive, transparent, objective". What other characteristics are necessary to build a healthy community?
The same about "How are developers compensated? By donation? Or some formal commitment?". Any other ways of compensation are being used during tokensales?
What should I do with the numbers of tokens are being created and circulating supply? are there any guidelines for these numbers?
What is price per token? — the same. What if it's below 10 US cents? what if it's around $1? what if $10?
Many thanks again!
Thanks SO much! I am looking at your post now and wishing I could work on THE LIST this very moment. I'll be back... hopefully later today. Lots to think about here. THE LIST is ready for it's next big level-up.
Many gratitudes flying your way...
Crypto-Kristen
LOL... the Colwell Test... my husband Brian will be interested in this concept.
