I'm new to ICOs. I've bought into about 8 now and some release the coins right away, others I have to wait until the end of the ICO to get my coins, and ICOs I have to wait several weeks after the end of the ICO to get my coins (so they say).
Can someone please explain why they do that? Why not just give everyone the coins they buy right away, like some ICOs? And why does it take weeks after the end of an ICO to send coins? I don't get it.
I'm currious what ICOs that you join? Before take a part of ICO you must read the details about the project so there is no miss understanding between the team and the investor. Many ICO have different ways to distribution the coins, just back read the details or usually in whitepaper already contained everything.
Hi, thank you. I don't really want to list out all the ICOs I've joined. But I've joined several of the most popular ones. I was not as careful in the beginning but I am much more careful now. I read and study everything they on their website and the whitepapers. I research he teams and read comments from people. I look for a solid business plan that will work, a strong team I trust, and nothing that needs some crazy new invention to work. Blockchain is so advanced, we have plenty of ways to use it already, we don't need a bunch of new inventions, we need to use all the great inventions we already have.
The whitepapers do not explain everything. Sometimes they go into way too much details on topics that don't matter at all to me and don't answer the basic questions like...why should I choose you over another ICO? It can't just be that the idea is cool. It has to be bigger than that.
I like projects that will reach a new audience.