Quote from: santino11 on October 19, 2017, 10:45:53 AM

In addition to cybersecurity, what do you feel must be understood when performing due diligence on cryptoprojects?

I was actually asked this exact question during an interview. My response was:

Quote

I think broadly speaking the basic business fundamentals must be in place. A half-baked idea backed by a team with no experience and no track record should be a red flag. A great idea backed by a lousy team with no experience should be a red flag. I think a great idea backed by a team with experience are essential. And even then one still needs to consider a host of other factors.

Having said that nothing is as powerful as true intellect and passion. Look at Vitalik. There really is no formula. We are all individually unique, thankfully so

Ive assessed loads of projects for incubation over the years and every single one had a different essence. If my gut told me the essence was right we went for it. And we had many failures, especially early on, but over time my gut instinct got better and we got better at it and eventually you find your rhythm.

I do however believe we should collectively, without regulation or governmental interference, develop a set of best practises that ICOs should adhere to. Its already happening

Read the full interview here https://www.theinvestzone.com/2017/10/06/an-interview-with-leonard-harley-of-ico-earth-token/

Len