Topic: Where can we find the trustable icos ? - page 2. (Read 370 times)
Read carefully what they are presenting for you. If they have a business model with high potential of profit for the investors and they have legit team members then you have to invest in that ICO. For the future benefit you have to read what they are having in their whitepaper for the investors and for their crypto community.
I wish there was a straight answer to it. May be we will see some solutions happening around it soon.
Check the ICOs listed in the ICO launch platform. Read about the project and the plan and determine if it is useful for the blockchain business and if it has potential. Check if they have a prototype and if they are a well established team - coming from a technical company shifting towards blockchain or having a history of projects delivered together.
I do not understand people looking at how many connections or likes or followers some have. Why is this relevant to the success? This is so superficial. You can even buy very easily likes and followers and tweets. Guys, do not buy the fake hype. Buy the project.
I do not understand people looking at how many connections or likes or followers some have. Why is this relevant to the success? This is so superficial. You can even buy very easily likes and followers and tweets. Guys, do not buy the fake hype. Buy the project.
You have to make your own research about the team, the whitepaper, how good they are, you have to analize almost everything before putting your funds in there if you dont want to have a big loss if you invest in there.
I lost more than hundreds dollars in a few icos on the past, and because of that, i am now only investing in those who are good, but almost perfectly projects, because i dont want to make the same mistakes again.
It is a difficult task to find a good one, because a lot of them aren now being scam, but at the end, it is worth it.
I lost more than hundreds dollars in a few icos on the past, and because of that, i am now only investing in those who are good, but almost perfectly projects, because i dont want to make the same mistakes again.
It is a difficult task to find a good one, because a lot of them aren now being scam, but at the end, it is worth it.
First of all try to check their github. Second step is to check the founders, team members and advisors. The next one is to read a whitepaper. I'm always act in this sequence.
Start with the team.
Are each of them on LinkedIn?
Do they list their affiliation with the company there (at least 75% of them should)
Have they worked for credible companies that you have heard of, and respect, in senior positions?
Now this is a BIG ONE: Do they have 500 or more connections?
Is there any one of them that REALLY stands out as SUPER-AWESOME (Advisor/Founder/Vitalik himself?)?? Great....Is it listed on that persons' linkedin? If not, PING the person on LinkedIn and ask them is their affiliation is real.
If the team is ex-Soviet.......red flag (bad pun I know)
The read the whitepaper......but due diligence on the team is maybe 10 mins and anyone can do it.....Whitepapers are sometimes too complex for many readers.
Are each of them on LinkedIn?
Do they list their affiliation with the company there (at least 75% of them should)
Have they worked for credible companies that you have heard of, and respect, in senior positions?
Now this is a BIG ONE: Do they have 500 or more connections?
Is there any one of them that REALLY stands out as SUPER-AWESOME (Advisor/Founder/Vitalik himself?)?? Great....Is it listed on that persons' linkedin? If not, PING the person on LinkedIn and ask them is their affiliation is real.
If the team is ex-Soviet.......red flag (bad pun I know)
The read the whitepaper......but due diligence on the team is maybe 10 mins and anyone can do it.....Whitepapers are sometimes too complex for many readers.
There's no easy indicator if an ICO is a scam or not. Obviously, if a group or person would to scam someone, they're going to try their best to make the project look legitimate as possible; so it's going to be tough. You'd have to dig deep to have an idea if a project is possibly a scam or not.
Some things to take a look at:
And those just barely scratch the surface. You need to dig real deep.
Some things to take a look at:
- The team; make sure they're actually legitimate real people
- Read the whitepaper; and while you're at it, make sure it isn't just a straight up copy of another coin's whitepaper
- The github repository. Take a look if the code is actually being updated, and or if it's not just a copy of another coin's code
And those just barely scratch the surface. You need to dig real deep.
Where can we find the trustable icos ?
How can we solve the system if ponzi or not ?
99% of ICOs are scam . They collect fund from people and they are absent when the program start ?
How can we solve the system if ponzi or not ?
99% of ICOs are scam . They collect fund from people and they are absent when the program start ?
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