Post
Topic
Board Altcoin Discussion
Re: EOS ICO SCAM 👺👺👺 Wow! Can you believe this? 👺👺👺
by
stupid_seb
on 05/09/2017, 22:36:15 UTC
Help me, how do we know if an ICO really worth it? How to know if it is not scam

Anything that proposes $200MM for just a good idea on a whitepaper is a scam.. or if not, will LOSE value (see Bancor)

ICO golden rules
1- max $40MM Market capitalisation (I aim $20MM)

2- max raise 50% of this Mcap --> $20MM is freaking more than enough to start a business and hire devs and marketing etc...

3- ideally has an existing structure, or at least a MVP (product). Your call here. Depending on the risk you want to take

4- NEW since this weekend: not Chinese (LOL)