I am opening this thread so that people who have been on ICOs and have endured them can provide a guide for "good practice" for companies launching ICOs.
PLEASE DON´T POST GENERIC COMMENTS. I intend to curate the thread and edit this message is sufficient members have relevant things to say. If you want to spam, there are many threads out there.
My own contribution:
- Obviously, don´t scam.
- Set clear Soft and Hard Caps and don´t change them.
- Have your telegram groups moderated.
- Have a group for bounties and treat your hunters as partners, not as beggars.
- Don´t make decisions that harm your community and investors. It will come back as negative publicity.
- Do no whitelist three times more contributors than what you need. At a certain point is best to close the list because you will create a community of angry people than will not ever buy your token.
Please, add...
Good points! 👏
I would add:
- Define the PROBLEM you are solving and HOW would you solve it with your crypto-based project.
- Ensure you have a working whitepaper with step-by-step plan for implementation of your project.
- Build a team of professional and highly skilled individuals