What are the factors to consider when participating in an ICO? I know this is subjective and depends on what kind of risk taker you are but if you are to list down the 5 most important factors, what will they be?
I think this can also help other people who are new to ICO to be more selective in where they invest and protect themselves from being scammed.
You should focus on the the development progress. As far as i know that the reliable ico will be created a sense whitepaper, i can tell you about some examples of icos which have developing a fully working product.
Zilliqa and ONT both of projects are focusing to build a fully working product. You can try to take a look on the buddy project to and you can to analyze the product that will be created by buddy project.
Never try to consider ico as an invesment and it's really wrong. try to consider how good the ico is based on their development progress and technical things.