Topic: Tips on choosing the right ICO - page 16. (Read 3357 times)

Check white paper right off the bat to recognize an unmistakable dissimilarity, since all information about ICO can be a phony. WP gives the more data what is the task relenvancy and future development of the undertaking. Generally don't join high top ICO in light of the fact that an excessive number of coins esteem will dumps once the coin propelled. Check colleagues in google.

I may add also to check the background of the bounty campaign manager. There are bounty manager who can be trusted and noted to be good in choosing a project.

*Team
*Roadmap (history)
*MVP (existing product)
I chose to invest into Welltrado.io that just closed their exclusive token sale with +25%.
Looking forward to see what results they will bring it to me.

The ratings aren't always true but atleast seeing it on there would mean that it is somewhat popular to the ones that aren't listed there

I wrote a topic based on this before which you can read here:
What are ICO's and investments advices

"Things you should look for before investing in ICO's:
- Team: How is the team, do they have enough people and the experience of pulling it off?
- Idea: Do you believe in their idea and is it realistic?
- Roadmap: Do they have a roadmap, and how much time do they need to launch their product?
- Hard cap: Unnecessary high hard cap often means they are in for the money. Lower hard cap is usually more profitable because it's easier to multiple your investment
- Bonus: How much bonuses has been given during the pre-sale and ICO? If someone got tokens at a much better price than you do, then you might get burned.
- Tokens for sale: The higher percentage of tokens available for sale, the better it is for the investors.
- Team's tokens locked period: How long are the team's tokens locked? And are they locked at all? It should at least be locked for 1 year minimum to show the investors that they believe in their own project and won't sell their tokens after a short time.
- Competition: How is the competition? Who are the competitors and what does this project has to offer compared to them?".

I hope this will help you finding great ICO's in the future!

Check white paper firstly to identify a clear disparity, because all info about ICO can be a fake. WP gives the more information what is the project relenvancy and future growth of the project. Mostly don't join high cap ICO because too many coins value will dumps once the coin launched. Check team members in google.

Check white paper firstly to identify a clear disparity, because all info about ICO can be a fake. WP gives the more information what is the project relenvancy and future growth of the project. Mostly don't join high cap ICO because too many coins value will dumps once the coin launched. Check team members in google.

1. Know the people behind them
It is critical to know the nature of the company and the teams behind ICOs. Most of the companies are newly incorporated, but many founders have been around in their respective industries. It is possible to review profiles and search for news and mentions in their prior projects and efforts.

2. Go for disruptive concepts
As far as the concepts behind these startups, the adage of offering unique and valuable holds. Due to the ease of holding ICOs, many startups have fallen into the me-too trap, where they only seek to be a better, cheaper, faster version of an already existing service. Unless they offer something unique, chances are these startups are just bound to compete rather innovate.

3. Understand the target market
It is important to put the company, their technology, and product or service in the context of their target market. They will inevitably be subjected to the market and regulatory pressures of their target industries, so knowing the environment should give you an idea of what challenges and opportunities these ventures face.

4. Evaluate the technology
One can also evaluate the viability of a venture through its proof of concept. Ventures with proofs of concept and pilot case studies are often safer bets. ICOs that offer nothing more than an idea bear significant risk compared to ventures that have proofs of concept already available for evaluation and testing.

5. Nitpick the white paper
A white paper serves as the company’s pitch to potential investors. As such, it should be well-written and substantial enough to provide compelling arguments on why people should trust the venture with their investments. Nitpicking the white paper could prove useful in revealing the details of how their solutions work and what need areas they will be addressing.

6. Know what the coins are for
Integral to ICOs are the coins or tokens themselves. Aside from functioning as the form of security (similar to stocks in traditional investments or initial public offerings), these coins often have other functions with the platform or ecosystem.

The most important thing is the value of the token after the ICO. It is desirable that the number of tokens remains unchanged or even decreased later. Well, if the holders of the tokens are promised a portion of the profits and discounts on the services of the project, or at least tokens can be used as an internal currency for payments. Even better, if the company intends to redeem tokens with a premium to the placement price within the agreed timeframe. It's bad if the company continues to unrestrictedly issue tokens and so your investments are rapidly depreciating.

Read and understand the Whitepaper, and Roadmaps.
Check who's behind the Team and if they are active or not.
Check their website, Facebook,Telegram, Twitter, Linkedin, Steemit and if they have complete social media and when they created it. If they just made it weeks/months ago then it might be s scam ico.
Check the Bitcointalk threads and bounty of that ico.
Check if they are active on their social media.
See if the team attends conferences/seminars for the ICO and check if their photos published on the social media if legit or fake.

The things which you need to analyze is who is managing campaign, if the campaign is managed in a proper way, budget and currency of bounty. Some bounty campaigns are paying in BTC or ETH which are already available in market but most of campaigns are paying in their own tokens which will become available in exchange market only if ICO gets success.

Look for the details of their WPs, team strengh with team members profiles, project details, the amount invested in marketing and delivering the products they launched and the roadmap details drawn. These details will guide u on chosing the right ICO to invest.

Invest to ICOs with a good idea (market demand, profitability) from good people (reputation, experience).
There are also lots of good cryptocurrency blogs with well explained comparisons of recent ICOs, for example, here is a good recent one, all the guy' previous advice seems trustworthy: 5 Moon-shot ICOs set to shine in April and May 2018 - btw, his top 5 ICOs to invest in these two months are: LCCX, Truegame, BitRewards, Minerva, XTRD.

An ICO is a quick and lucrative way for ventures to raise capital. Still blockchain is emerging to be quite the disruptive technology. There is bound to be a blockchain startup ICO that could potentially yield massive returns. So how can investors spot and pick the right ICO. Here are the tips on choosing the right ICO : 1)Know the people behind them. 2) Go for disruptive concepts. 3)Understand the target market. 4)Evaluate the technology. 5)Nitpick the white paper. 6)Know what coins are for.

There is too many SCAM ICOs at this moment. But you can find also  the most profitable ICOs.  For example there is lccx.io - looks like promising exchange based in London.  Well developed white paper, experienced team, located in politically stable jurisdiction.

you need to evaluate the very idea of the project, assess the fees, they are adequate or not. because if the project does not collect the specified amount, then it does not start

This is a very insightful thread!

Well firstly to the choice I liked Ico I think should be treated with care! And even rating sites should not be completely trusted, because as we know now everything can be bought including ICO ratings. In general, before investing in a project, you need to study it and evaluate its prospects the level of professionalism of the team!

Hello, I use the following:
Read the whitepaper and roadmap
Is the product/service valuable?
Check that the team has expertise and can be found on social media
Check reviews from reliable sources

For me the most important is the reliability. It's really will be with no risks if you invest in ready-made product. Personally I recommend BiNeuro https://bineuro.com/web/  BiNeuro is already working project with great results for today!