Each time we invest in any Altcoins or ICO projects, I think we MUST CONSIDER CAREFULLY about:
- A technology that adds value to society
- Infrastructure and encoding facilities
- A team of developers and startup entrepreneurs which is building technology and coding
- Which and how widely people use these coins to pay ?
- A decentralized, free, secure and active internet network for these coin
That is the reason I still think: Holding is best way to make maximize profit in long term.
I need other comments about it. I want to learn.
In case if I'm interested in ICO, I usually check this information:
1. Team. As the team will drive the implementation, team is really important. Great team can develop a great product, even if the idea itself is not really promising, and vice versa of course. I would like to know about team experience, what projects team was working on before, team linkedin profiles, information about advisers. I'm also interested is a clearly defined vision of a product is present and is product roadmap defined in the realistic way.
2. Developers. This is a part of the team, but I would like to note them separately, as they will be responsible for the technical part of the product. I would like to check, do they have a Github accounts, are they actually doing there something. It is important to know, do developers have all necessary technical capabilities to implement the product, what technology stack they prefer, etc.
3. Is blockchain technology necessary for such product? Why team decided to use blockchain in their project? Are there any reasons for such decision? Are there any benefits from using it?
4. Interest towards project. Are investors interested to provide any funds? Are there any project-related communities? Do team provide answers on questions? Are there any similar projects? What are the differences between this project and other similar projects? Soft cap and high cap.