Topic: What is the most important part of an ICO? - page 3. (Read 410 times)
I want to developers and gtihub code is one of the most important, because if an ICO project most time in marketing, and we can't find anything about this project open source code, maybe you need to be careful with this project.
I think, that the most important part of any ICO is Team and roadmap. If project has plan, what to do and has good team, which can do it, project will be successful
As for me, I usually pay attention on 3 main things: Escrow, famous people among developer`s team and availability of the alpha version of the product.
The most important thing about ICO is to have a very strong team, which should be able to gain influence both in development and in marketing
it is a completely combination.. We can not say only team or web site or social media accounts.. All of them should be good..
I think the most important part of an ICO is the team behind the project. It is important to make findings about the team behind a particular project. The team behind the project will say a lot about it. In essence I feel the team is the most important part not hype behind ICO.
For me the most important thing to look first.. is the team!
you can’t easily hide or hack that, talented people that have long work history and experience can give you more confidence
also having AMA and live video talks with the founder is extremely important, to see if there’s confidence and trust!
you can’t easily hide or hack that, talented people that have long work history and experience can give you more confidence
also having AMA and live video talks with the founder is extremely important, to see if there’s confidence and trust!
I think that it's a blank Sheet, beautiful , clear, sensible presentation, team preferably from famous people and lots of enthusiasm!)
For me the important part of an ico was I always checked the allocation budget for the project how much it is? Also checking the reputation of the campaign manager, the flow of the project of how will it run and etc.
There are very important key points for an ICO to be succesful but there is one i want to focus on. It is the product it self. No matter how good you are at advertising or how good is your team , you can't be succesful in long term if your product is a piece of imagination or a useless product which already have similars in the market. So a uniqe and working product is the most important thing for me when i'm checking ICOs to invest in.
There are 3 wales of any success project right now:
- Hype (huge and active telegram, mentions of top bloggers - Ian Ballina and so on)
- Infrastructure project (blockchain platform)
- Whitelist, small individual caps, low discounts on closed presale.
- Hype (huge and active telegram, mentions of top bloggers - Ian Ballina and so on)
- Infrastructure project (blockchain platform)
- Whitelist, small individual caps, low discounts on closed presale.
There are lot of ICO's been released everyday making it difficult to know which one is legit or not. But what i've learnt is to do the following :
- Download and read the white paper
- Read it the second time
- Learn what the project is about and how will it help its target audience.
- Who are the team behind the project (check out their social pages like LinkedIn - find out past project)
- Visit the project telegram group (how often do they post updates, number of people in the group, read past post if there are any issue)
Visit social hangout like bitcointalk, reddit to read what others are talking about the project.
- Ask questions.
- Download and read the white paper
- Read it the second time
- Learn what the project is about and how will it help its target audience.
- Who are the team behind the project (check out their social pages like LinkedIn - find out past project)
- Visit the project telegram group (how often do they post updates, number of people in the group, read past post if there are any issue)
Visit social hangout like bitcointalk, reddit to read what others are talking about the project.
- Ask questions.
I know all of us are not reading from the first word of the white paper to the last words written on it. But we need to see the ICO details, like the first thing to check is the team members involve with the project, second is its purpose, and I know and let's be honest that the first thing we want to see is the token value, hunt me down if I'm wrong, third is the implementation of the project, how they started it.
Top 3 I am looking for an ICO are
1. Team
2. Use Case
3. Prototype or Github
The third aspect is the one that is the rarest, very few icos have anything to show for when they ask for your money and this is why I am very selective in which icos to invest, I need to look at something concrete so I can know the developers are now just going to run away with our money once they get it and there are very few icos which are able to satisfy my conditions. 1. Team
2. Use Case
3. Prototype or Github
Well, above all, not being a scam of course. 
So, I'd say the development team.
So, I'd say the development team.
Very important to an ICO is the team with good reputation and expert advisors. There is a budget for advertisement and social media promotions. Hands-on community manager good use case and product. Not all ICOs have potential so we should learn to research.
#Datarius
#Datarius
All of the factors such as team's credibility,the product of the ICO and its use,the whitepaper and the roadmap should considered too and most imporantly you should ask yourself is this project really necessary to exist? does the blockchain needs this type of projects? if not you probably think twice because you will only waste your time and money.
Agree. First, I check the team's credibility by cross-checking their linkedin profile and their previous project/related experience, it reflects the team's capability of carrying out tasks on the project roadmap. Then I spend the time to read through the ICO's whitepaper. I want to know if the team shows ambition and determination on the project and whether their product possess the feature to compete on the blockchain.
There are a lot of ICOs going around right now and most are considered scams. People around the globe have put out some legit points to check if any ICO is legit or not.
Now the thing is, scammers have equal access to content and have made the necessary arrangements to overlook such mistakes, and also I believe that more than ICOs being scammy, it is just them failing to reach their roadmap. That is like most of the startups failing halfway through.
I think the most important aspect to check is for a dedicated team more than anything else. Obviously, it is hard to judge but more than anything else, it is what drives an ICO to its success.
I am open to opinions and would love to know if anything else is as important.
The project/idea/product itself is the most important. Without this, there will be no ICO to start with. I mean it’s like voyaging the vast ocean without a compass! Or a blind man crossing the street without a stick. This is the goal which guides a team on its journey towards its accomplishment. And the main reason why an ICO has been set up. Now the thing is, scammers have equal access to content and have made the necessary arrangements to overlook such mistakes, and also I believe that more than ICOs being scammy, it is just them failing to reach their roadmap. That is like most of the startups failing halfway through.
I think the most important aspect to check is for a dedicated team more than anything else. Obviously, it is hard to judge but more than anything else, it is what drives an ICO to its success.
I am open to opinions and would love to know if anything else is as important.
A successful ICO really needs all parts of the system to work together... Devs, leadership, marketing & PR, design, it fills a niche, market acceptance, the name, the logo, the advisors.
A lot of it,the developer team,founder and advisors all the people behind the project should have credibility,the product of the ICO should have some use to our daily life,the whitepaper should be well written so that we would know of these people are just playing around or just want to raise funds,roadmap should be clear and attainable these are just the few factors that we should consider.
but how to determine a really promising project and a good coin in value? Of course, it is desirable to get to not yet on scammers, but really on decent developers. Jump to: