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!
added unto that is the Team behind this ico,are they legit or just dummy or some copy pasting same as the road mal and the supplies of token to be released,the soft and the hard caft,this things are must be checked of every investors of ico
The Team definitely seems to be like a solid place to focus; but since writing this thread I've been researching and find it hard to really be able to tell who's legit.
We almost need a LinkedIn style social media for people involved in blockchain in order too better account for real vs fake team compositions.