Nowadays there are so many ICOs SCAM, how do you decide that ICO is a SCAM? and How do you determine that ICO is good?
If you can, let me know step by step how you choose a good ICO. Thanks
Well, based on my experience I think these are the things we need to know for us to be able to avoid scam ICO.
1. Who are the TEAM members? - It is very important to know if the team composes of real people. Some projects use fake identities as well as fake pictures. Are the qualifications of the team is in line with the project?
2. What is the PROJECT is all about? - Read and understand the Whitepaper, is it relevant to create such a project?
3. Who is the Bounty Manager - Somehow some projects are being handled by reliable BM but not all projects will be successful.
4. What do the reviews say? - Though reviews are not 100% reliable, somehow they've done their own research about the project.