Re: Investing in ICO, still promising?

investing in ICOs is getting riskier day by day just because many projects are trying collect funds based on what they think they will become in the future, but not what they are. i think 0x was the ico so far in terms of how they managed the token sale process.

Thats true. There are cool ones out there though. Look at dragonchain,

https://dragonchain.com/

The market price of the token is determined by the total amount raised. Basically they will divide the total amount raised by the amount of tokens and divvy them out accordingly. There are no earlybird sales, no discount codes, and no reason for whales to buy in early and dump when it hits exchanges because the price they buy in for is the price it will hit the exchanges at, so the price of the coin should remain pretty stable right off the bat. Pretty genius if you ask me.

Not really genius mate. They are giving themselves 50% of the coins. "Team" "Reserve" "Foundation" "Dragonfund" is just a clever way to refer to themselves. Greedy!

I never invest on project with 50% fund for their self. 30% is max for me. under 5% for marketing.

50% is too much and same as yours i dont really like to join those kind of projects because they are just securing their own money out of those crowdfunding of the project. 5% for marketing is just enough. Gladly there are people who do always look out on the partitions on where those funds being allocated too and giving half of the funds to them would really be a big flag for me. 25-35% is already sufficient which is not too small and which is not too big.Investing on ICO nowadays is still profitable as long you did hit on the right project but if not then its a loss of money for sure.