Post
Topic
Board Altcoin Discussion
Re: New projects to review
by
ragini330
on 28/06/2022, 07:49:49 UTC
About new cryptocurrencies what interests you most in an ICO? What strengths and weaknesses in the ICO? And what values ​​do you as an investor observe before acquiring a crypto asset before its launch?

What interest me the most are Ventures Capital backing it because it only mean that the project has a huge startup funds to operate besides the additional funds coming from IDO/ICO, Most of the project that has good VC usually turns ito good outcome because they have enough resources to use for the project development and marketing at the same time. Startup project that solely relying on IDO funds usually died after a year since the operating cost and exchange listing is too much for them to handle while they are liquidating thre tokens to use as operational funds which always results to price dump of tokens up to the point that its already worthless.
There are many projects that start with just IDO funds and they make name for themselves before having new big investors joining them, for example Ferrum and DIA, things might be slow for them but they can make changes as time goes on, another one was Vulcan Forged.
[Yes I also think like that. Due to volatility in the Bitcoin market, alternative sources of investment should be looked for. Recently I came across Mallconomy, a great earning site. If you are interested in knowing more, feel free to comment]