A lot of people have been burned by founders running away with with ICO money. It tarnishes the reputation of cryptocurrencies and I believe we should help educate new investors as soon as possible.
Can anyone share a checklist of the things they look for to determine if a coin is worth investing in?
And what are the red flags that you often see people fall for?
First I check their website the team, their background and accomplishments second thing is their whitepaper their solution to existing problem how are they going to implement it and also if it's possible or executable and lastly what could be their product after 5 years. Some ICO's really execute their scam you wouldn't know that they're scam since they have good whitepaper and everything is really good.