Participation in ICO or investment at pre-ICO stage is a very risky step. Its just like purchasing a shop on 40th floor and the ground floor of that shopping mall is just start to build.
There are so many ideas/concepts is trying to prevail in the market but is there any formula to separate strong project from scams/weak projects.
Which scale should an investor use to go before investing in a coin? Is it the code, or the system it based, or their community strength, or is it depends on their venture capital that how much big it is?
In my own personal opinion, the thing you should need to consider before investing in a coin is by checking if the project has a potential to reach the softcap or the hardfork because the project will be successful and your investment will be great if they reach the hardfork.