As I known, ICO is a kind of risky investment. Similar to the IPO which is the form of invite for capital investment, but when buying IPO, investors can research the information about the company they invested, find out about official finance reports and be protected by law when joining. In contrast, ICO projects are often rather ambiguous and unprotected by government so the risk is so high for investors.
So how to evaluate a potential ICO project, look forward to receiving comments from you
Actually, there are many ways to know ICO scams. One of them is by looking at who the manager is, then looking at the company profile, the white paper and the team involved in the company.So how to evaluate a potential ICO project, look forward to receiving comments from you
These are a good start, but a true evaluation of ICO/ITOs and other crypto businesses should also evaluate legal, technical, logistical, security, and some other areas. I envision a public standard, differing in some ways for different type of entities (cryptocurrency, tokens, exchanges including decentralized, etc.), but based on the same key criteria that I listed.
Best regards,
Ben