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Topic: Proper ICO Due Diligence? (Read 161 times)

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Activity: 110
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BenchCoin: A Digital Student Property Enterprise
July 26, 2017, 10:41:06 AM
#1
What are you looking for with proper ICO due diligence?  Any strategies to quantify or differentiate a good ICO from a bad one?

For example, in venture capital you have processes;

Any VC...
1. Simple explanation of the business (1 sentence, what do you do?)
2. Clear revenue stream (How does the business make $?)
3. Defined exit strategy (How does the investor make $?)
For an equity...
1. Industry (growth with first mover advantage)
2. Exit Strategy (investor liquidity event)
3. Financial Return (significant for early stage, +50%/3yr.)
Your particular investment...
1. Look at Big Picture
2. Find the downside
3. Protect your downside

What is most important to show legitimacy for investors?

Our main concerns currently are:

1. Transparent Team
2. Use of Escrow
3. Team Tokens limited to Milestones
4. White Papers
5. Business Plans
6. Practical use of Technology
7. Token Distribution %'s
8. Limited Token Supply





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