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.
Alright, I'll answer your primary question but I think there are opportunities other than ICO to look at. ICO selection factors:
1. Product: does it already exist? What evidence is there of the product?
2. History: Has the project already operated as a business? How has that performed?
3. Transparency: Anon or Public project? Either are viable but anon teams need to back things up with other tangible evidence of business success
4. Community: What is the community doing? What talents are sourced organically within the community?
5. Communication/Marketing/Rankings: how well do the devs/leaders/managers communicate with everyone? Do they only list to one or two listing, ranking, and/or social sites or are they on several to get more eyeballs?
Now that's out of the way... Let me ask you about Masternodes. ICO is so 2017, have you looked at Masternodes lately? Just like ICOs there are only a few good projects with way too many punters in the mix... BUT... it is still worth looking at just like ICOs --AND-- the thing about masternodes is that you could potentially own a share of the project that would pay dividends regularly simply for holding some amount of that coin. Sure, entry costs may be cost prohibitive --HOWEVER-- this is changing with the onset of SHARED masternode services which are just beginning to take professional form outside the realm of shady discord rooms.
Think about it...