Topic: What makes you trust a crypto project? - page 2. (Read 406 times)
there are many issues we can research before investing in an ICO projects. The value of the project to the life. The way to execute, and the experience of the team.
If I see a potential for their project. It means if the CRYPTO is being backed by a reputable team, they have a large community behind them, and they offer a good product or innovation.
If they still don't have a working product and just hyped then I don't have trust in it. I've learned that these cryptocurrency projects should show me first that they are worthy of my investments by showing me a real product and not full of promises.
- Is the product that is being offered valuable, worthwhile or in demand?
- Is the team behind the product professional, dedicated, experienced and competent?
- What are other people saying about the particular project?
- Is the road map realistic?
- Is the team behind the product professional, dedicated, experienced and competent?
- What are other people saying about the particular project?
- Is the road map realistic?
A clear view on who the persons on the team are is most important. After that just the regular things , does it make sense what they are trying to do. Do they have a white paper and a nice website. Distribution model is important to.
Is there something that makes you trust (or at least to take a leap of faith on) a project before the ICO stage (not a Pre-ICO for the big whales), before you can see the pics of a team and rush through few pages of the WhitePaper/brief or take a peek at the future RoadMap. Meaning would you do anything before you can see the value of the project/token/something else. No investments or heavy work, just spread the word and maybe leave your email for the team.
Would you trust a project if it was featured in an article on some site you trust or would the simple advertisement on the same trustworthy site work for you? Would you rather trust the project that promises fantastic turnout which in real life is pretty hard to execute (a Lamborghini Diablo or an iPhone XXX to every early adopter) or the one that might downplay its worth but might have a real effect on some of the problems you or the world face everyday? Would you trust a professionally looking website with lots of texts or graphical landings with easily comprehensible sequencing? etc. All in all what makes you tick regarding new and unknown projects (or rather if you would even participate in such a project before an ICO).
I guess it is more of a psychological question still it would be interesting to see the answers from the community as most of the projects/startups nowadays are linked with the ICO and crypro world.
As ico traders and i only trust the hype, that can generates me a lot of money. But there is a lot of project that applied non sense idea to the future development, We even don't need it right now. Would you trust a project if it was featured in an article on some site you trust or would the simple advertisement on the same trustworthy site work for you? Would you rather trust the project that promises fantastic turnout which in real life is pretty hard to execute (a Lamborghini Diablo or an iPhone XXX to every early adopter) or the one that might downplay its worth but might have a real effect on some of the problems you or the world face everyday? Would you trust a professionally looking website with lots of texts or graphical landings with easily comprehensible sequencing? etc. All in all what makes you tick regarding new and unknown projects (or rather if you would even participate in such a project before an ICO).
I guess it is more of a psychological question still it would be interesting to see the answers from the community as most of the projects/startups nowadays are linked with the ICO and crypro world.
This is my simple conclusion about ico, there will be bunch of people actively discussing in the social group and i can say that such a good ico that makes me trust with em.
My way of life when i need to change crypto in fiat rather regularly make me believe that it be easier with time…
There are several factors that we should look at, too long if I write here.
Most importantly we can see his team then we can check from the website and roadmap what their mission and vision.
Most importantly we can see his team then we can check from the website and roadmap what their mission and vision.
Economical background, logic and a bit of feeling 
The team makes me trust a crypto project but even I fully believe in a team, I would try to be logical about a project because lots of projects with great teams fails.
You really cant trust anything,specially with low marketcap.A lot of same looking project with a lot of promisses.Its a risk and gamble at some point,but this is how you earn easy money if lucky
There are too many factors to name them all but if I have to name two are the minimal: Roadmap and a team. These are really two main factors!!!
All the road maps are the same, teams are different, I have the same road map as every single project, kill Bitcoin and collect money for holy purposes, a.k.a jumping the first available prostitute.My road map, like all the other road maps, activity tokens are explained:
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Offers feeless, instantaneous transactions, as well as unlimited scalability, making .................. ideal for peer-to-peer transactions.
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The network requires minimal resources, no high-power mining hardware, and can process high transaction throughput.
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Blockchain technology is disruptive and exciting. New applications and use cases are being thought of and developed daily. We will list some of them here for idea generation about how the ............. Platform can move your business into the future.
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With our development platform and team, building and deploying complex blockchain apps becomes a breeze.
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............ is a decentralised public blockchain and cryptocurrency project and is fully open source. ............ is developing a smart contract platform which seeks to deliver more advanced features than any protocol previously developed. It is the first blockchain platform to evolve out of a scientific philosophy and a research-first driven approach. The development team consists of a large global collective of expert engineers and researchers
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which can be used to send and receive digital funds. This digital cash represents the future of money, making possible fast, direct transfers that are guaranteed to be secure through the use of cryptography.
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is more than just a cryptocurrency
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This is the first blockchain project to be developed from a scientific philosophy, and the only one to be designed and built by a global team of leading academics and engineers. It is essential that the technology is secure, flexible and scalable for use by many millions of users. Consequently, considerable thought and care from some of the leading experts in their fields has been devoted to the project and informed design decisions
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has striven to solve blockchain governance. Our innovative consensus voting model empowers stakeholders and allows for the seamless transition from one set of rules to another. Decentralized decision-making and self-funding have enabled us to build a robust, evolving digital currency, free from third party influence.
Trust me and start buying activity tokens, let me know if you need the asset identifier to locate them on Waves DEX. just hurry please, a man has got to eat right?
Check the website, social media site first.. then reading their white paper.. Dev must be present in the telegram group to have interaction with their investor.
There are too many factors to name them all but if I have to name two are the minimal: Roadmap and a team. These are really two main factors!!!
1. The website: How does it look, do I like etc.
2. The team: Do I trust the team to achieve something extraordinary? Are they experienced? Would I entrust them my money? Do they show their faces on the website?
3. The vision: Do they have a vision with a possible real life adoption? Do people need what they want to achieve?
4. The white paper: How does it look? How is it written? Does it convince me?
5. The coin/token: Does it even have usage? The more usage the coin/token has the better. Or is it just a way of the team to generate fast money?
6. The prototype: Do they have one? How long will it take until the release?
7. The roadmap: What are the next steps? Do they seem fine for me? Does it match to what the team promises?
8. GitHub: I check their GitHub. Are they working? How regularly do they update it etc.
9. Partnerships etc.: Do they already have some? Who? Who might also join in the near future?
Yeah, basically those are the points I check before investing. For an ICO I use the points that already can be verified of course.
2. The team: Do I trust the team to achieve something extraordinary? Are they experienced? Would I entrust them my money? Do they show their faces on the website?
3. The vision: Do they have a vision with a possible real life adoption? Do people need what they want to achieve?
4. The white paper: How does it look? How is it written? Does it convince me?
5. The coin/token: Does it even have usage? The more usage the coin/token has the better. Or is it just a way of the team to generate fast money?
6. The prototype: Do they have one? How long will it take until the release?
7. The roadmap: What are the next steps? Do they seem fine for me? Does it match to what the team promises?
8. GitHub: I check their GitHub. Are they working? How regularly do they update it etc.
9. Partnerships etc.: Do they already have some? Who? Who might also join in the near future?
Yeah, basically those are the points I check before investing. For an ICO I use the points that already can be verified of course.
you have so many questions, i'll try to sort it out, and put some brief answers on it.
1. Is there something that makes you trust (or at least to take a leap of faith on) a project before the ICO stage (not a Pre-ICO for the big whales), before you can see the pics of a team and rush through few pages of the WhitePaper/brief or take a peek at the future RoadMap?
- further explanation(?) Meaning would you do anything before you can see the value of the project/token/something else. No investments or heavy work, just spread the word and maybe leave your email for the team.
answer: if i can't take a look at their team, read the whitepaper, or roadmap, i would never do anything. i've been scammed a lot man (in a bounty campaign)
2. Would you trust a project if it was featured in an article on some site you trust or would the simple advertisement on the same trustworthy site work for you?
answer: never happened to me, i'd rather research the project by my own first
3. Would you rather trust the project that promises fantastic turnout which in real life is pretty hard to execute (a Lamborghini Diablo or an iPhone XXX to every early adopter) or the one that might downplay its worth but might have a real effect on some of the problems you or the world face everyday?
answer: the second one
4. Would you trust a professionally looking website with lots of texts or graphical landings with easily comprehensible sequencing? etc. All in all what makes you tick regarding new and unknown projects (or rather if you would even participate in such a project before an ICO).
answer: yes ofc
1. Is there something that makes you trust (or at least to take a leap of faith on) a project before the ICO stage (not a Pre-ICO for the big whales), before you can see the pics of a team and rush through few pages of the WhitePaper/brief or take a peek at the future RoadMap?
- further explanation(?) Meaning would you do anything before you can see the value of the project/token/something else. No investments or heavy work, just spread the word and maybe leave your email for the team.
answer: if i can't take a look at their team, read the whitepaper, or roadmap, i would never do anything. i've been scammed a lot man (in a bounty campaign)
2. Would you trust a project if it was featured in an article on some site you trust or would the simple advertisement on the same trustworthy site work for you?
answer: never happened to me, i'd rather research the project by my own first
3. Would you rather trust the project that promises fantastic turnout which in real life is pretty hard to execute (a Lamborghini Diablo or an iPhone XXX to every early adopter) or the one that might downplay its worth but might have a real effect on some of the problems you or the world face everyday?
answer: the second one
4. Would you trust a professionally looking website with lots of texts or graphical landings with easily comprehensible sequencing? etc. All in all what makes you tick regarding new and unknown projects (or rather if you would even participate in such a project before an ICO).
answer: yes ofc
Mostly if I think is something that I would use or something like thaat...
I don't really care about the whitepaper. Everyone could have done that.
I don't really care about the whitepaper. Everyone could have done that.
The main criteria to evaluate a crypto if at all that can be done are
1. Use case- what is the technology trying to do, what problem does it solve in real world and in what markets is it going to be used and is there a market for it. Because at the core very technology is a service to human need, see if the use case seems important enough for you.
2. Team- This need not always be true but its always best to have a team thats reputable with good technical team, decent financial backers.
3.Technology and Roadmap- What kind of tech they are using, at what stage of completion it is, is there some working apps. What is the road map for completetion.
4. Coin volume in circulation, supply this to mostly look speculate what amount to buy. Good circulating supply means people are invested in the project.Which is always good.
5.Gut feeling.
1. Use case- what is the technology trying to do, what problem does it solve in real world and in what markets is it going to be used and is there a market for it. Because at the core very technology is a service to human need, see if the use case seems important enough for you.
2. Team- This need not always be true but its always best to have a team thats reputable with good technical team, decent financial backers.
3.Technology and Roadmap- What kind of tech they are using, at what stage of completion it is, is there some working apps. What is the road map for completetion.
4. Coin volume in circulation, supply this to mostly look speculate what amount to buy. Good circulating supply means people are invested in the project.Which is always good.
5.Gut feeling.
some ICO has a great quality of website i can see they dedicated to the project .
and they got a good team.
that is why i trust some ico in their quality
I will see white paper and roadmap. test team development. and see if the idea of the project is realistic and applicable to reality. And it is important to see if the community of the project is large. These are the things you need to believe in a project. And know what the project is scam.
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