How to review an Initial Coin Offering Cryptocurrency Startup ( ICO)
Fundamental Analysis Research - Questions to ask and factors to look for.
The problem / Solution
- Is the project solving a real world problem?
- Do they have a viable solution?
- Is the idea unique?
- Size of the target market?
The Product
- Do they have a working product?
- Has the product been released?
- When will the product be released?
The Team
- Is the team experienced and qualified?
- Is the team large enough to carry out the size and magnitude of the project?
- Do the team member rolls cover all areas needed to pull off the project to be successful in the short and long term?
The White Paper
- Does the white paper cover all aspects of the project?
- Can you answer most of the questions in this article with the information in the white paper?
The Road Map
- What are dates in which the project goals will come to fruition?
- Are the dates in the near future or further down the track?
- Are the dates in the roadmap realistic?
Marketing
- Do members of the team cover marketing?
- Is the marketing team experienced?
- Do they have a healthy social network following?
Social Presence
- How many follower does the project have on twitter, facebook and telegram?
- Are they fake followers?
- Are the followers engaging with posts?
- Are the project team members engaging with the followers?
The Token Supply and Distribution
- Why is the project raising funds?
- How many tokens will be created?
- How many tokens will go to the public verse how many will go to the team?
- How will the team use the funds to develop the project?
- The token price?
- The minimum deposit amount?