Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: Claus on October 19, 2018, 12:21:50 AM
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Nowadays there are so many ICOs SCAM, how do you decide that ICO is a SCAM? and How do you determine that ICO is good?
If you can, let me know step by step how you choose an excellent ICO. Thanks
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before you join an ico you have to investigate the project team, the products they offer whether there are benefits for the people, a clear roadmap and a definite purpose for their project
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If I think about how to choose a good ICO, we first find out who the gift manager is, then the hardcup project has reached the target or not, and also knows the progress of the project through Facebook, Twitter, telegram, by looking at activities we can know whether or not a project.
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As what the majority do,reading the whitepaper is priority but after the ICO the problem for the investors arises because the promise on the whitepaper become vague in the actual. So best thing is to go with an ICO that has many partners.
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if I think when I see ico that's good, then first we have to look at whitepaper and the team that manages ico, that's what we have to see and besides looking at the whitepaper we also have to look at the rules set by the team that manages ico.
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There are several ways for me to get a good and trusted ICO. First I checked the background of the project, then I also checked the project team, the team was solid or not. I also pay attention to teamwork, target markets, as well as researching about what many investors do not enter, and also I check on the Website if any. After that, I decided to choose whether or not the ICO Project.
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It's very difficult to see ICO fraud if they have a fake team you can say ICO is a scam and if you don't find anything you can see the background of team members like experience and others, I usually see their partners, then I will ask if the project really partners with him.
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I think only popular ICO can be reliable.
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This is a tedious thing to achieve tho. But the little i know is, read and understand their concept dont just rush because they promise huge percentages. Again bounty managers; always go in for those with good reputations.
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I think to see good or not ico, then first we have to look at the whitepaper and also the team that manages the ico project, and also see the ico project project site.
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Actually, it is very difficult to detect if an ICO is scam or not. But, when I want to choose an ICO, I will see their team members and how they interact on the telegram and other community chanel. Moreover, it is also important to see the ideas of the projects, including the reality of the transaction, tokens, and also wallet.
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Not much. I just make sure the members of the teams, whether they are real or not, they are professional and experienced or not. The team is the core of a project. After that, I will analyze the concept of the projects whether it will be profitable in the future or not. One more, do it by the deep analysis, not by hype and careless consideration.
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Verified accounts, legit ICOs ?
https://www.altcoinstalks.com/index.php?topic=33873.0
Roadmap & Whitepaper
https://www.altcoinstalks.com/index.php?topic=224.0
These are some of the basic fundamentals to choose a good ICO. Although it wasn't directly mean but it is a good example to follow. The reliability, concrete concept, the goals vision and mission, the platform and ladderized structures.
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I guess every people have got their own ways to identify scam or good ICOs. Common ways are by analyzing whitepaper, team info, the product, social media, community, and the plan for future development. After experiencing many scam and failed ICOs, I think people must be smarter today.
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I am not very good at choosing the ICO Project, but I will explain my experience in joining the ICO project, the first is that the project must have 2 telegraph group canals. one official, and the other is a bounty group. the second must have a good whitepaper, then a big bounty prize. And the last ICO project must consist of a professional team.
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1. Check their rating first from ICO rating website. are they score is good enough or not? and check them not in 1 ICO rating website but in some of them.
2. Check the bounty manager background are they are active and good BM or not. They dont guarantee but at least we can check their history.
3. Research about the technology they offer. are they offer a good technology or something new/brilliant idea.
4. Check their teammate background. are they skillful or not? and are they anymous or not? Better skip the anymous team
5. Check their advisor background too.
6. Check their website if their website design is good or only the cheap one.
7. Dont dare to ask them if you feel something wrong and if can explain it for you, then they are good enough.
Its just my opinion, you can add your opinion too guys
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first of all I pay attention to the site design (expensive or cheap), then what this project is for, what goals they have, the #DevelopmentTeam , who is behind them. I am studying a technical paper, and they must have active social networks
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I chose ICO's bases on the idea behind the project. There are some projects which have already been worked out by other people and it seems monotonous, so I wouldn't go for that one too. I also look at how good the white paper is and free from numerous mistakes.
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To be frank, I can't detect a good ICO but there are some areas I look out for in an ICO such as its hardcap, the team behind the project and the background of the manager.
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Personally, for the selection of a good ICO, I personally always start from the structural website, they are active in local forums, there is good feedback on social media, besides the vision and mission of the forum must also be reviewed, has the platform been released before? Who is the marketing target?
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in my opinion everyone can get a successful part of the ICO,
indeed not all ico runs smoothly, some fraud, fail or even succeed,
the success of ICO starts from the TIM or the Developer itself, the community in it is also very important,
because the community is also important for the success of the ICO.
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To observed whether it is legit or not, and also check out for there selling price and see if there is much profit.
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I have two main criteria to which I adhere to in choosing a project, the first is the team, and the second is that I try to work with companies that have already gathered their soft cap, I will give an example #swachhcoin. The project will pay people for their trash. At the moment, the bonus is 7.5%, you can buy coins by the end of October. I advise you to see the project.
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if I look at the website page then look at the white paper and roadmap, and the team in the project. I also see the icon rating like on icobench, and others
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I believe that product is the most important thing we need to consider in investing ICO. Since it is the fundamental thing we always need to consider.
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Actually to predict ico who experienced success was very difficult but I tried to observe the development and sales team of tokens whenever it increased or not.
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sendiri sendiri untuk mengganal Iisa ICO. mengidentifikasi penipuan atau ICO yang baik. Cara umum adalah dengan menganalisis buku putih, selain itu kita analisa proyeknya dan produk, siapa saja tim tim di dalamnya, media sosialnya, komunitasnya, dan rencana untuk pengembangan ke depannya. kita semua tau banyak ICO palsu .itu yang saya tau gan.terimakasih.
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You have to consider every factor. You have to consider the team behind it because this factor makes the project or the ICO more credible if the people look credible too. The community should also be one factor. The community or the supporter of the project will tell how popular or how exciting would the project be. And lastly, consider the project itself. Look if there's a product to be produced in the future, whether it has a use or not in the future.
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To me,every once can get a successful part of the ICO,
indeed not all ICO runs smoothly, some fraud, fail or even succeed,
the success of ICO starts from the TIM or the Developer itself, the community in it is also very important,
because the community is also important for the success of the ICO.
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I know only one thing that the time spent on finding a good ICO definitely plays into my hands. Because if you hurry you may not notice the important aspects that will eventually play a cruel joke with you. So I prefer to slowly and thoroughly recheck each company. Since I have to be 100% sure that this project deserves my attention and investment. I believe in the world of cryptocurrencies it is not appropriate to perform any actions quickly, without thinking about them at least several times. Because every subsequent mistake results in a financial loss.
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You need to check the project carefully and read about its features, the whitepaper, the team and all these technical details before investing.
Personally, I found that Kamagames project is really promising and its concept is also attractive and I guess that its token will be really useful in the future. Buying now during the presale and getting the bonus is always the best choice.
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The process of choosing a good ICO is one of the hardest things you'll need to do as a crypto investor. Like other business related investments, You'll first have to do some research and conduct due diligence. That's a vital part of the process. After due diligence, and you find to be good enough, carry on to invest. You should also consider the community size. Because if the community size is small, there won't be much buyers of the token once its listed on exchanges.