Quote from: stupid_seb on September 05, 2017, 10:36:15 PM

Quote from: GeovanaMoscow12 on September 05, 2017, 07:29:25 PM

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)

I wouldn't say there needs to be a cap on an ICO. Placing a cap on it means it sells out quickly and the speculators who managed to get in can sell for a profit once it hits the exchanges. Who would you rather have the money for the ICO? There's only two options, speculators or the developers. Since the project relies on initial funding to survive, I'd rather the developers get the money than some speculator who happened to contribute a microsecond before everyone else.

I'm buying EOS as a hedge, in case it really is the ETH killer. I don't like Larimer, but in case he's onto something, I can't risk losing if ETH can't scale or falls behind.