Quote from: stayeduptolate on March 11, 2018, 05:20:16 PM

Quote from: epidose on March 11, 2018, 03:52:07 PM

Hi everyone

New to this forum but I see a lot of veteran advice here. Lately I've been researching, tracking and dabbling in a ICOs. I'm wondering what everyone's opinion is on ICOs, in general, and what your guidelines for investment might be. Note, this isn't a standard "should I invest in btc or X, Y or Z thread, but more of a place to share some strategies.

Personally I always start with the whitepaper and research it and its merit. If it sounds reasonable, I try to answer the question of "what problem does this ICO solve?" - is there a need for it, or, is it simply applying blockchain to some aspect of some industry for no real reason.

Finally, I look at the team. Have I heard of anyone, can I find them on twitter or LinkedIn, etc.

Anyone have other strategies they are willing to share? Looking forward to the discussion!

There are many things to look for in an ICO, like how the website is built, information about the team members is correct or not, is the team legit or not and most importantly that is there any real world use of the coins to be sold, if there isn't any real problem that is solved by that ICO then there is no use of investing in that project as then there would be no use of that token and maybe the money you invest in that would be lost.
If you just follow these simple steps then I believe that you can easily spot a pretty nice ICO and also do share with others if you find one as it will be for the betterment of the public here.

You are right. You have to do it this basic things and this can help you to protect your money.