What do you consider the most important aspect when evaluating ICO teams (size, experience, etc.)?

in #ico8 years ago

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I am not fan of ICO’s . Therefore, I have never invested in it or even considered it worth investing.

I would not invest in something that does not exist, have a track record, signs of being successful, or I can calculate ROI, unless of course I am part of it.

It means that you are only investing in an idea hoping that it would be successful one day without knowing anything about it, other than a mere flashy website.

ICO’s are mostly fraudsters, waiting for your to throw your money into the pit, willingly. It’s just too exciting.

I remember, one of my friend told me during early days that even his Dentist is considering to issue an ICO. And now you know that Models, Real Estate Agents, Boxers, Athletes are into ICO’s.

It’s too easy for them to manipulate you. Hire a few developers, build a flashy landing page, copy an open source project, put a one or two big names on the list of advisers, offer discounts, host webinars, air-drops and social media hashtag sessions.

Bingo! you are in for a ride.

They have robbed people of their money. Some are stuck to their investments for months. Others are hoping against hope to recover their money.

You should either trade or hodl. The only promised path make some money or either issue your own genuine ICO.

Of course, you should consider ICO’s that are backed by big institutions, companies, people, teams and serve a mass purpose.

And if you are still adamant on investing in ICO’s, you should take a look into the following links on how to evaluate.

How to evaluate an ICO?

How to evaluate an ICO — Part 1 – Blockchains & Futurestuff – Medium

How to Evaluate an Initial Cryptocurrency Offering (ICO)

10 keys for evaluating Initial Coin Offering (ICO) investments - CryptoPotato

I hope this helps.

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