How to choose ICOs

[Stormyblue]

The decision to choose an ICO shouldn't just be based on speculations. To decision to choose a promising ICO coukd be based on expert reasoning and analysis or expert recommendation. However as a novice in Crypto investment one can conduct a small survey of the project. You must consider if the plan, strategies and road map are innovative enough to attract investors. Also whether the team is very experienced and determined to carry out the plan to its final stage.
Another thing is to also consider the crypto market. If the market keeps on dropping it doesn't favor ICOs.
These are some of the factors to consider when choosing ICOs do you support these claims?
Or do you know other factors?

[sugarchrisp]

It depends on what reason you're choosing an ICO.  If you're choosing one to invest in then you have most of the key points there.  Bounties are another matter, but a project with a good bounty will attract more investors as well so I guess they're kind of linked.  The biggest thing for me is the amount of coins they allocate towards their bounty, though.  I've seen some as high as 6% of their total coins, though the average is closer to 1-2% though.  If it's any lower, I would avoid them like the plague.  They clearly don't value the people they're paying to promote their product.

[fulled]

1. Check whitepaper and do your own research about the project
2. Check team profile, search info about their team with help from linkedin, wikipedia, internet, etc

[Stormyblue]

It depends on what reason you're choosing an ICO.  If you're choosing one to invest in then you have most of the key points there.  Bounties are another matter, but a project with a good bounty will attract more investors as well so I guess they're kind of linked.  The biggest thing for me is the amount of coins they allocate towards their bounty, though.  I've seen some as high as 6% of their total coins, though the average is closer to 1-2% though.  If it's any lower, I would avoid them like the plague.  They clearly don't value the people they're paying to promote their product.

It depends on what reason you're choosing an ICO.  If you're choosing one to invest in then you have most of the key points there.  Bounties are another matter, but a project with a good bounty will attract more investors as well so I guess they're kind of linked.  The biggest thing for me is the amount of coins they allocate towards their bounty, though.  I've seen some as high as 6% of their total coins, though the average is closer to 1-2% though.  If it's any lower, I would avoid them like the plague.  They clearly don't value the people they're paying to promote their product.

You've mentioned a very important factor, which us the bounty pool. I believe the goal of every bounty hunter is to earn or get rewards at the end of the bounty. Since the bounty pool determines how much you will get as a bounty hunter, it is very important that you check it out before partipating in the bounty.

[tamango]

When I want to invest my money in a ICO:
1) I look at social media, look how many followers twitter and telegram ICO has, how many posts etc..
2) I read at least the main part of whitepaper
3) I search with google team names
then if everything seems ok I could proceed.

[Drew28]

For me, I choose a good ICO by taking a look at the team behind the project and reading their white paper. I also check if they already have an MVP. After that, I go to the community to hear about the opinion of others about the ICO. One good ICO that I found is VLUX. You should check them out. https://vlux.io/

[The Translator]

To choose ico, caution is needed because many ico look legitimate but they are scams. That's why whitepaper analysis first. In addition, see the roadmap and the site. If you have a product, this can be a guarantee that the ico is legitimate.

[I-Bit]

Many things you should consider to choose an ICO. Since many scam ICOs, you are better to be more careful and selective. For me, these are the common things that should be analyzed before joining an ICO.:
1. Team Members Information: Google on linkedin, social media, wikipedia, and other sources related to the team members.
2. Project Ideas or Concept
3. The product or MVP
4. Whitepaper
5. Roadmap
6. The competitors

Do own research and observation for those factors above. At least, ensure if everything is good enough and nothing suspicious.

[Cryptoz]

Many things you should consider to choose an ICO. Since many scam ICOs, you are better to be more careful and selective. For me, these are the common things that should be analyzed before joining an ICO.:
1. Team Members Information: Google on linkedin, social media, wikipedia, and other sources related to the team members.
2. Project Ideas or Concept
3. The product or MVP
4. Whitepaper
5. Roadmap
6. The competitors

Do own research and observation for those factors above. At least, ensure if everything is good enough and nothing suspicious.

I agree with you. The factors must be considered by investors, bounty hunters, and traders before buying ICO coins or investing in a project. Analysis is the key factor to get a promising and trusted ICOs or projects. Your answers are very smart, brother. 

[I-Bit]

Many things you should consider to choose an ICO. Since many scam ICOs, you are better to be more careful and selective. For me, these are the common things that should be analyzed before joining an ICO.:
1. Team Members Information: Google on linkedin, social media, wikipedia, and other sources related to the team members.
2. Project Ideas or Concept
3. The product or MVP
4. Whitepaper
5. Roadmap
6. The competitors

Do own research and observation for those factors above. At least, ensure if everything is good enough and nothing suspicious.

I agree with you. The factors must be considered by investors, bounty hunters, and traders before buying ICO coins or investing in a project. Analysis is the key factor to get a promising and trusted ICOs or projects. Your answers are very smart, brother.

Thank you Cryptoz. I hope it can remind us and make all people enable to avoid scam ICOs.

[mar]

In my opinion the first thing you should do is reading the whitepaper and the official website,you can see the idea and the details about the dev team and their experience on this project.Then you will know of it will be promising.