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!
You do everything right friend. Everything listed by you makes sense, but I will say from my own experience that the team's notoriety does not always play a major role. There are many such examples. The same Stratis, for example. I look at the idea, the availability of a software product, and also see if the work is being done by the devs.