Before participating ICO projects?

[vaniosetiawan]

As a crypto enthusiast we know that there are several ways to earn money in crypto world. Those ways are investing, trading, and also participating in bounty campaigns. For me there’s a lot of things to know before we should start participating in some ICO project like:

Know the people behind the projects

It is critical to know the nature of the company and the teams behind ICOs. Most of the companies are newly incorporated, but many founders have been around in their respective industries. It is possible to review profiles and search for news and mentions in their prior projects and efforts.

Team members must display expertise in their respective roles and have proven track records and experience in the industry that they seek to disrupt. Lack of expertise can be a red flag such as if the team doesn’t have a CTO that has worked extensively on previous crypto projects.

It is important to analyze ICO team developers before to avoid being scam.

[Sentinel]

Before participating with the ICO, you must see a number of things. Among them you have to look at the whitepaper and examine the roadmap. In addition, you can open the website and monitor the teams that join in it.

[flyaccount]

Before joining ico, you must pay attention to several things. One of them you have to see the number of telegram participants in their group. Because the number of telegram participants can also be due to the large number of bounty participants. Besides analyzing whitepapers, roadmaps and teams joining the ICO.

[trackermoney]

At present a good ico project is difficult to detect. But we can see good ico criteria before joining them. First, pay attention to the allocation provided. Other than that, look at the variable value when measured with ether or BTC. And pay attention to sales, teams and advisers.

[Daedalus]

Before participate in ICO, I need to know the project first. We can check ICO bench because there is so much expert consultant about ICO project

[Crypto Prime]

@daedalus, that is a must. But besides the things you mentioned, I think it will be more convincing if we see who the ico is working with. Because if ico has a partnership with a competent company, that could be an added value that the ico is legitimate.

[backspace]

More and more fraud in the ICO. So it's better to do these things to avoid the scam ICO project. First, it must pay attention to the people in the Project so that they can properly assess, target the market, the team that plays, the legal basis and if there is a website, it should be checked. That will help you before investing in the ICO.

[twothumbs]

Although we are finished to check details on their project, it still not guarantee to see the legit ico because of it still hard to find the legit ico. It seems that now many ico doesn't care about the investor and they only want the money because I see that there are many scam ico project in out there. They can make a fake identity with easy and they trick the investor and the participants. So you need to be careful when you want to participating with the ICO projects.

[Overpower]

We see first the project we will invest,
Is the project have a good reputation?
Is the team and advisor convincing?
Do they have good plans and market abilities?
Are the ideas they offer can solve problems in the future?

If all that is fulfilled then we deserve to invest it

[chapcha]

So true. The information you provide about this ICO Project analysis does help. It must be careful in analyzing projects in the ICO so that we avoid existing fraud. We have to be smart and also choose good and potential projects. Like the ICO, there are currently many good projects, only we just want to invest or not.

[gerald232]

There are lots of analysis indicators for the ICO project for investment decisions. good or bad the project can be known, the main reason is to avoid fraudulent projects, many cases occur as an illustration for investors to act.

[I-Bit]

Team members must display expertise in their respective roles and have proven track records and experience in the industry that they seek to disrupt. Lack of expertise can be a red flag such as if the team doesn’t have a CTO that has worked extensively on previous crypto projects.

It is true that team members must have good capability with proven track record to guarantee the project running by trusted people. And also don't forget to study about the product, it should be promising to improve at future. 

[xeroz]

To participate in ICO, we must do own research firstly. To do that, we can analyze some parts in the project, not only about the team profile. Those parts are :
1. Whitepaper
2. Team Info
3. Roadmap
4. Strategies and Plans
5. Token Sale Overview
6. Ideas and Concept
7. MVP / product
8. Social Media and Website

[gerald232]

To participate in ICO, we must do own research firstly. To do that, we can analyze some parts in the project, not only about the team profile. Those parts are :
1. Whitepaper
2. Team Info
3. Roadmap
4. Strategies and Plans
5. Token Sale Overview
6. Ideas and Concept
7. MVP / product
8. Social Media and Website

Wow, you provide a detailed description of project analysis. that's good, but very bored to learn it. I think the first step of analysis is just to read the project whitepaper and follow the development of the project through social media, and attend their roadshow.

[papar]

I will participate in the ICO of a mobile MMORPG called Lordmancer II (their site is lordmancer2.io. My goal was to get familiar with the whole idea of an ICO, go through all the steps, and have some fun in the process.