Topic: What we need to check before investing in ico? - page 9. (Read 1515 times)
We have to check their background and the team behind the ICOs, we also look their developer and the platform of the project. I also look at the road map and the whitepaper of the project and blockchain.
Thats enough to do before investing in crowdsale.
All research is not 100% guarantee will make us profit at the end but its better than blind invest to them.
Before investing we need to explore and analyze the market in our investments, when I spend in a currency such as Bitcoin, I always probe into its previous months and fluctuations before At present, I think that there is no place where there is much risk because the lucky investors or the wrong time to invest so new difficulties. All research is not 100% guarantee will make us profit at the end but its better than blind invest to them.
With part of all the ICO craziness being scam, the majority just having concepts but no working product, a lot of good ideas but questionable business viability, I'm pretty lost with what to look at. Anybody can come up with an idea and a whitepaper, even contact to devs and looking at their history is something that doesn't reveal if this will be something for real or just quick cash for the team behind it. I'm following a handful of projects right now, but I'm very skeptical.
Thank you for sharing tips, make sure that after investing on an ICO first you should make a personal investigation, gather some idea and ask the developer if what is the purpose of their project. You need to see if the ICO project has a roadamap and whitepaper to assure that the purpose of their project and on how they conducted it.
Thank you for you checklist, it's very complete and it can be very useful.
I would add a warning: in an ICO, 90% is the marketing part, and now promoter know exactly what things people will check, so they put all our attention that anything "looks good", instead to make things "really good".
So, don't stop at the surface but - if you're ready to invest in it - go deeper.
I would add a warning: in an ICO, 90% is the marketing part, and now promoter know exactly what things people will check, so they put all our attention that anything "looks good", instead to make things "really good".
So, don't stop at the surface but - if you're ready to invest in it - go deeper.
For me i will check first there presentation on hoq they present there ICO. The second is the whitepaper that document i will know how they do and how they solve the problem. The third is roadmap what is there mission and vision. Why did they do this ico. And the last is the popularity ill make sure that this ico got more crowd people
I would stay away with ICO that has no products. So many of them failed in 2017. Look at Patientory.
IM checking only 2 things: first is team , is there any russians or not, and some known persons . Second is traffic of their project if they know how to gain visitors and hype around their coin then im buying for short time.
I'm not sure if you consider having a Russian dev a good thing or not, but in case you consider that a negative, some of the best projects in the market (like ETH and waves) are Russian. 
Yes maybe that the reason why he want russian people lead the project.
Because they already prove that russian has more ability to build the project.
But remember, although russian is good dev but not all of them are good and honest. So looking their track earlier is a must.
IM checking only 2 things: first is team , is there any russians or not, and some known persons . Second is traffic of their project if they know how to gain visitors and hype around their coin then im buying for short time.
I'm not sure if you consider having a Russian dev a good thing or not, but in case you consider that a negative, some of the best projects in the market (like ETH and waves) are Russian.
What should I do to participate in the ICO?
Very responsible approach to the selection of the project.
To study all possible information on the project.
To communicate with other potential investors at the forums, where information on the project is published.
If knowledge is allowed, then study the project code and its business model.
Assess the risks of investing.
Very responsible approach to the selection of the project.
To study all possible information on the project.
To communicate with other potential investors at the forums, where information on the project is published.
If knowledge is allowed, then study the project code and its business model.
Assess the risks of investing.
Make sure that after investing on an ICO first you should make a personal investigation, gather some idea and ask the developer if what is the purpose of their project. You need to see if the ICO project has a roadamap and whitepaper to assure that the purpose of their project and on how they conducted it. Goodluck
Always make sure unsold tokens are burnt! This is really important imo
IM checking only 2 things: first is team , is there any russians or not, and some known persons . Second is traffic of their project if they know how to gain visitors and hype around their coin then im buying for short time.
Checking the team is one of most important thing before making decision. I want to know why should be russians? I still dont understand why?
May i know how you can check the number of visitor in the website?
IM checking only 2 things: first is team , is there any russians or not, and some known persons . Second is traffic of their project if they know how to gain visitors and hype around their coin then im buying for short time.
Are there any recommended websites that do reviews of upcoming ICOs? I just don't have the time to dig in deep and read all the whitepapers and available info, so it would be great if there would be a source of information that does the "dirty" work beforehand.
In the first page already mention some of website that normally allow us to check their rating.
I know its not 100% pure but at least the website will help you to find a good one.
However, if you are lazy then you will close to lose money.
Are there any recommended websites that do reviews of upcoming ICOs? I just don't have the time to dig in deep and read all the whitepapers and available info, so it would be great if there would be a source of information that does the "dirty" work beforehand.
Some key points to be analyzed are to question how the funds will be used, to understand the risks, to approach an ICO in the same way that a more traditional asset would be addressed. Pay attention to the technical article in it should contain details that investors should know before buying as commercial applications and technological specifications
Approach is similar like research and its important to do before. Pay attention in technical is of course.
Everybody that this crypto world is very high risk so thats why we need to do approaching and reduce the risk.
Currently many ICOs are out side and there are 50%-50% is scam.
Investors should bear in mind following key elements discussed in this post to avoid throw money through the window.
1. Team Composition
2. Bitcointalk.org Thread
3. Stage of the project and VC investments
4. Community and Media
5. What do they need the token for? Is the blockchain necessary?
6. Unlimited / Hard cap
7. Token distribution – when and how
8. Evaluating the Whitepaper
9. Quality of the code – Meet Github
10. The Bottom Line
Investors should bear in mind following key elements discussed in this post to avoid throw money through the window.
1. Team Composition
2. Bitcointalk.org Thread
3. Stage of the project and VC investments
4. Community and Media
5. What do they need the token for? Is the blockchain necessary?
6. Unlimited / Hard cap
7. Token distribution – when and how
8. Evaluating the Whitepaper
9. Quality of the code – Meet Github
10. The Bottom Line
All these mention things are very good to research but at the same time we have to consider their previous experience also in order to get the advantage to the community because it will show some dedication about the project.
Some key points to be analyzed are to question how the funds will be used, to understand the risks, to approach an ICO in the same way that a more traditional asset would be addressed. Pay attention to the technical article in it should contain details that investors should know before buying as commercial applications and technological specifications
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