WHAT CRITERIA DO YOU USE BEFORE JOINING AN ICO?

[Claus]

I have being into this crypto business for some time and almost all what I joined have turned out to be scam projects. What a friend told me was to read the whitepaper and know the idea behind the project before I join the ICO. I have done it several times and it all failed. Now i want to know that, is there any criteria for selecting a best ICO or people just select it in a lottery form that when it hits the moon they also profit from it?

[CryptoDan]

The main criteria definitely needs to be the management team behind the company that launches an ICO. A good example of a legitimate company run by experienced professionals is UK's Green Running. They've been around since 2009 and has actual track record. Recently launched their ICO - http://vlux.io/

[Bobcrypto]

I have being into this crypto business for some time and almost all what I joined have turned out to be scam projects. What a friend told me was to read the whitepaper and know the idea behind the project before I join the ICO. I have done it several times and it all failed. Now i want to know that, is there any criteria for selecting a best ICO or people just select it in a lottery form that when it hits the moon they also profit from it?

Yes, It is key to investigate and read as much information as possible and write down all the important aspects, positive and negative, before making an investment decision.
The following will help criteria will help you choose the best ICO
1.What do they need the token for? Is the blockchain necessary?
ICOs mean the creation of a new dedicated token for the project. One of the most important questions each project needs to answer is what is the token for? Why isn’t Bitcoin or Ethereum enough to serve as the project’s token? Yes, many projects just make up a scammy story. Hey, an ICO can’t be an ICO without a dedicated token. The same question needs to be asked regarding the use of the blockchain technology behind the project.

2.Community and Media.
It is crucial to have a wide open supporting community like a public Slack for all investors. Openness is as crucial in gaining our trust as the Github code. Try to grasp the atmosphere within the community. Look at the size of the community and its activity.

3.Team Composition
Find out everything you can about the team, especially the #DevelopmentTeam  and the advisory board. Look up each team member for relevant experience. Google their names. Visit their LinkedIn profiles. Look for famous  names among the advisory board of the project. Find out if the team has any crypto experience and more importantly – in which projects, or ICOs, they were involved with and the impact they had.

4.Read the white thoroughly.

[owmivmen]

I chose ICO by looking at wp, ICO project website, ICO token total supply, assessment from several sources of ICO project assessment team, Advisors, and roadmap of the ICO project.

[icol333]

There are a lot of criteria before we can safely join the ICO, for me, some of them are:
1. The project's purpose, was it useful to the community or not. (especially the blockchain/crypto-related community)
2. How well the team can deliver their project description to the investors (through WP, forum, etc.)
3. The transparency of the team, as well as the ICO progress (funds raised so far, soft cap, hard cap, etc.)
4. The size of their social media activity, whether from their own team or by the third parties (using bounties)

[luvr1000]

for me it is of course the project team, then I see how much they collected on the preliminary sales

[pikebu]

Here is some reasons/ ceritera i will choose the ICOs projects:
1. The projects has real products
2. The developer of team has real company
3. There are community of the projects
4. They know about the blockchain technology

[SuccessManiac]

Someone mentioned one time that you should check the age of their website since new websites are suspicious. You can do so on whois.com. You should also check the profile of team members and find out if they have real followers on social media.

[Raboni]

Actually you have good criteria. Whitepaper is one of the best basis to have proper knowledge regarding the project, the future plans, and stages. Maybe you did not just hit the successful ICO. That is our problem because we can't determine if the project will succeed or not.

[frimpongtissue7]

My criteria for joining an ICO are Startup characteristics, Operational transparency, Crypto-sale resiliency, Business model relationships

[dekafee79]

I have being into this crypto business for some time and almost all what I joined have turned out to be scam projects. What a friend told me was to read the whitepaper and know the idea behind the project before I join the ICO. I have done it several times and it all failed. Now i want to know that, is there any criteria for selecting a best ICO or people just select it in a lottery form that when it hits the moon they also profit from it?

I personally learn whitepaper, The compositioan of team and  supply of tokens before joining crypto.

[carcas]

has a good project goal and is acceptable to everyone, has team and advisors who are experienced in developing ico project and roadmap for future ico project.

[Mbah Jenggot]

I have being into this crypto business for some time and almost all what I joined have turned out to be scam projects. What a friend told me was to read the whitepaper and know the idea behind the project before I join the ICO. I have done it several times and it all failed. Now i want to know that, is there any criteria for selecting a best ICO or people just select it in a lottery form that when it hits the moon they also profit from it?

I think I will read white paper, roadmap and their team before joining an ICO, I also learn their product and legal document.

[therozaq]

I have being into this crypto business for some time and almost all what I joined have turned out to be scam projects. What a friend told me was to read the whitepaper and know the idea behind the project before I join the ICO. I have done it several times and it all failed. Now i want to know that, is there any criteria for selecting a best ICO or people just select it in a lottery form that when it hits the moon they also profit from it?

You should learn the project's purpose, the composition of the team , white paper and roadmap.

[jet]

Before I jump to ico the first thing i look is the price then i read their document on the website. Then join their telegram channel where 50% of my decision was base.