Before participating ICO projects?

[kemalramdanu]

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.

[olivia]

Investing in the crypto world is arguably full of risks, but there is also a big profit opportunity behind it. This is because this cyptocurrency itself is still relatively new, and we are still really in the initial phase of the development of crypto.

[gotbounty]

Before investing in ico, we must analyze the whitepaper first. In addition, see the roadmap. Don't forget to check LinkedIn to see the history of the team that joined in it. Pay attention to their educational background and the history of the project handled.

[Quart]

You should take more attention in doing research both in the team information and whitepaper. Those things are very crucial to determine it is a real or fake project. Never join a project with lack information. And then, to know it is a good project or not, you must learn the whitepaper. Focus on the ideas, concept, the use and potential of its product and tokens, marketing plan+strategy, and roadmap. 

[Treymos]

Before we invest, we should already have knowledge about what crypto is. Look for some articles and threads that discuss the risks and benefits of investing in ICO, you should not be in a hurry and must be wise in investing.

[gerald232]

Before investing we must first analyze the project. Read the details of the project's whitepaper, see the support team and how to develop the project roadmap. besides, experience is very decisive. for beginners must learn the crypto world, good and bad in crypto investment, it will give you a decision to invest in the crypto world.

[UNIVERSE]

The first step before joining ico is to read the whitepaper. After that, see the site ranking. And to further assure you, see who the project works with. This way you can do to minimize losses.

[expander]

@gotbounty, other than that see who the manager is. It is important to see their experience handling a project. If the managers who are members of it have handled a successful project, that means the project is legitimate and has a chance of success.

[Falcon]

Assuming we know the people behind, we must do our part to analyzed every possibilities in order to be ready no matter what. And take action to participate to defeat the fear. Taking the risk is our shadow to move even in the circumstances.

[ponin]

First, I want to point out that the word investment may not be the most accurate way to define these transactions.At the end of the day, when you buy a token in an Initial Coin Offering, you are buying access rights or credits to use in a software. Commonly called utility tokens, these have utility solely within a given app.You are not buying any physical asset, or stock, nor any financial product that entitles you to claim dividends or voting rights in the company, so to call it an investment might not be accurate.

[Mariah876]

what I know is that to participate in the ICO, we must first know the ICO, the concept, the development map and the team involved must be good. We must look for other information about the project, and quickly join their chat community before committing Investment.

[Paglamon]

This is the successful project, and with the help of such an experienced team in the near future. It is possible to implement the technological solutions of the project in fact.

[mentorian]

Before taking part in any ICO, firstly I learn about a team. Also, the one of the important thing is MVP. Because you can try the project, see what he will be made for and learn a deeper about it. The last one I like'd is DexAge. User-Centric Decentralized Exchange.  And  exchange tokens gives quite good profits.