I think this is a brilliant summary of what's relevant when looking at new projects, thanks so much for sharing! I agree with every point you raised. One more thing I would probably add is the importance of a professional team and the transparency with which team members and investors present themselves. Best for me if I can see they have experience in the industry.

You are totally right. It just offers so many new opportunities which, if used wisely as you pointed out, could mean a great deal to future payment systems. Cultural coin is a great example for a blogchain project with a specific use. Projects like this even have a value to society and can bring advantages for users as well as companies. Cool project really!

Hey, thanks for sharing this. Good to see all the important info at a glance on there. There are so many sites the project is listed on and it's great to see the list increase and hear what other people think about it. As for exchanges, the cultural coin is listed on IDEX, is that right? Any others been announced yet?

Do you guys invest in ICOs just to resell and make a profit? Or do you actually use the specific coin for certain transactions, products etc? 

Couldn't agree more, well put!

I agree, I wouldnt expect to make loads of money but rather feel like I want to support the project. Only put as much in as you feel entirely comfortable with.


I browsed through their whitepaper and from what I understood they want to offer crowdfunding solutions for artists and make ticketing for cultural institutions and events more transparent. And thats basically the concept of crypto in general, isnt it? Making transactions more transparent and getting rid of the middleman (institution). Not sure how exactly this would work though, I suppose they need quite a big list of institutions?

Oh many things. It's been a rocky start for crypto this year and it'll be interesting to see where this journey leads us all. What I am gonna do personally? I'm going to hold on to my ETH and BTC. Also, I kind of have one or two ICOs I invest in every year and this year my chosen project turned out to be the cultural coin - will watch very closely what's happening with it and where it will be taking me.
Apart from that? Eat, sleep, enjoy the sun and walk the camino the santiago. Should be a good one 

Well I agree with you. But I am a big fan of open platforms in general to be honest and I don't mind reading these articles even if I think its total bullocks. But then I'm interested to see what the guys on here think about it. Always better to have an argument then just not criticise at all in my opinion.   

Why do you think it wont last? Are you referring to bitcoin or cryptocurrencies in general when you say that?

Good point too! You sound happy with your choice, wish you good luck with your investment!

Very good point which has not been mentioned yet I think. From what I saw you need ETH for your project which you need to buy first. After that is done, you can buy cultural coins with ETH. But you will find plenty of info on that on the website. If all fails though and you have questions, you should really opt for the Telegram chat - I think these are normally really good.

Transparency is one of those things which are really important to me. I want to get the feeling that the company openly shares their info and that their website is well structured and provides all the most important information. I also try to find the team members on Linkedin and check their profiles. For questions you have the cultural places telegram chat is probably best. And definitely check out these independent review websites and make sure you understand the criteria they are reviewing with. When will your project hit the exchanges?

Wise words you all, thanks! I agree, bitcoin (or cryptocurrencies in general) offer something we haven't known for a long time which is not to rely on institutions for representing my financial interests or being able to totally intrude and affect processes in my daily life. I don't think it will be stoppable and quite frankly I think our technological developments will change the world as we know it today fundamentally.

A healthy combination of passion for the product, research and knowledge about the business plus opinions from independent sources is probably the way to go. Also, I've just seen that the cultural coin is now listed on IDEX, I think that's new. Have you seen? Good to always keep an eye on developments too

Anyone here who knows any good magazines or papers on crypto/mining/blockchain and the whole lot? Something with trends/new projects/reviews etc.? Or else a tech magazine discussing them?  Greatful for any suggestions from you guys!

That's true. If you don't feel entirely confident choosing all by yourself you can always research on some of these websites. But then don't rely 100% on them but do your own homework. I thought the cultural coin website and whitepaper look good and they also have a decent rating on the ICO bench. Also saw that they even show the sites they are listed on on their website itself - which is a good sign to me. Have you taken the next step yet?

Ah I totally missed this! Thanks so much for sharing the link! So brilliant that you can filter the topics here! 

Totally agree, the choice is massive! It's great to hear opinions in forums but the research needs to be done properly. On the cultural places website they say they'll announce the exchange date 2 months after the ending of ICO - still a while to go until we'll know.


You are right with transparency, the infos they provide are promising. Also great results for now, will definitely keep an eye on it. They have 4 phases, right? And do you know when the wallet will be ready after that?

Thanks for that, I totally agree! After having found some amazing projects, I've been doing some more research into one of my passions - namely arts and culture. I've had a closer look at Cultural Places and saw they are running an ICO right now. Project looks quite fascinating: easy ticketing, crowdfunding for artists, transparent donations plus cheaper prices for travellers. Do you know anything similar in arts and culture? Meanwhile I'll do some more research in some of your great suggestions! Keep me posted on new ideas, more research to be done! 

Looks really interesting! Thanks for sharing, I'll definitely check this one out.

I also found the clean water coin which is all about helping to provide clean water. Fascinating things out there!