However, as time went on, people realized that Bitcoin had great chances of success in the long run, especially after solutions such as SegWit and Lightning Network were presented last year.
This year, it is possible that some ICOs and altcoins will be able to make some profit, but it is likely to be something on a smaller scale than in the last few years.
I mostly agree but ICOs/ITOs/DAOs are getting more and more attention, isn't it?
It means that a market will grow and more money to come to invest.
I think you have to be smarter in selecting and choosing coin ICOs/ITOs/DAOs potentially has a high price. because there are many shitcoin, promoted as ICO so that owners get the advantage,
The first thing is to identify if the project solves real-world problems. If this type of information is not clear in the developers' proposal, it is very possible that the project is no more than another way to get money from people lacking experience or people in a hurry to make a quick profit.
One more thing is to evaluate the financial commitments the developers are putting forward:
1. are they running a signature campaign, bounties,etc
2. are they willing to pay for the campaign with Bitcoin, which shows seriousness, but offering to pay with their own coin that is still in the making is a red flag;
3. no escrows means something is not straight somewhere;
4. changing terms middle stream or not sticking to it, is a sign of ineptitude and lack of organization to manage the project;
5. open source code is a plus
6. putting all your eggs in one basket isn't good enough even if you are a hen.
The best venture procedure is really the least complex, how amusing in light of the fact that most things that we continually thing are sponsored by complex frameworks is in reality exceptionally straightforward a similar thing with speculations and its only for a person to have it at the back of his mind that I may lose this speculation or I may win the cynical approach is far and away superior and the other basic way out is the piece of contributing just what you can stand to lose after an essential basic investigation of the arrival of speculation anticipated.