• Home
  • Terms and Conditions
  • Privacy Policy
  • Free VPN
Easyworknet
No Result
View All Result
  • Login
  • Home
  • Contact
  • Business
    • Cryptocurrency
    • Home Improvement
    • Finance
    • Insurance
    • Digital Marketing
  • Technology
  • Lifestyle
    • Relationships
    • Food
  • Health
    • Fitness
    • Exercise
    • Skin Care
    • Sleep and Rest
  • Education
  • Travel
  • Fashion
  • Game
  • Law
  • Career
  • Home
  • Contact
  • Business
    • Cryptocurrency
    • Home Improvement
    • Finance
    • Insurance
    • Digital Marketing
  • Technology
  • Lifestyle
    • Relationships
    • Food
  • Health
    • Fitness
    • Exercise
    • Skin Care
    • Sleep and Rest
  • Education
  • Travel
  • Fashion
  • Game
  • Law
  • Career
No Result
View All Result
Morning News
No Result
View All Result
Home Cryptocurrency

The 5 Criteria for Investing Well in an ICO

Shirly Balerio by Shirly Balerio
5 years ago
in Cryptocurrency
Reading Time: 3min read
0
criteria for investing well in an ICO
0
SHARES
11
VIEWS
Share on FacebookShare on Twitter

Article Summary

  • Check members and team
  • Understand the role of the token
  • Using the ICO and the token
  • Analyze the source code
  • Analyze the community and advisors

Choosing an ICO can be difficult because of the ever-increasing number of people on the market. Not easy to find the right nugget today. There are however some criteria that will help you choose a good ICO.

You know what an ICO is, but among the many scams, you want to know how to spot a good ICO? This article is written for you!

Check members and team

Personally, that’s the first thing I look at. It’s even for me (again!) The trigger before my decision. It makes sense, actually. A scammer will never put his true identity, he will hide. So, he does not put his real name and especially not his real photo. So systematically, I look at the photos and especially I check the name of the members. If there is no link on Linkedin or Github for example, it is sure that it is not reliable.

Besides, be aware that some scammers low floor does not hesitate to fill false profiles. They know that many people rely on the team. But again we can see when it’s fake.

Do not forget to check the status, the CV, the history, the ones they did before elsewhere etc. Remember that if there are no real profiles, it’s clearly a fake.

If they are real profiles, we must also see how involved they are in the project. The more people are known in the community, the more ICO will win.

Understand the role of the token

In my opinion, this is the second most important point. Why this project? Is this a project that interests you? Is it feasible, beautiful, great? We must try to understand the concept of the token. Yes, in general, an ICO responds to an existing problem.

This is what you have to try every time you choose an ICO. Basically, ask yourself if it’s really worth it?

For that, read the white paper which is the written foundation of the project. This remains the direct and crude way of choosing an ICO.

Using the ICO and the token

Here again, it is a capital point. It’s important to understand why the founders are trying to raise money. What is the use behind this lift? What will they do with the raised money? Generally, projects are very transparent. A roadmap is always (if there is not one, leave running) visible on the site or in the white paper.

In the ICO roadmap, everything is written down. You will see the number of tokens to sell, the use at different stages, the different echelons etc.

Try to see the logic behind the roadmap. It must be consistent with the overall project. If a roadmap shows only a few steps before huge returns. So there, it is sure that it is about a scam.

The aim is not to make money at any costs. The goal must remain to solve the problem. It is, therefore, necessary that the news of the project concerns the state of progress of the company. It’s not just about showing the returns on investments.

Moreover, we also recognize a scam project when there are too many numbers of returns. There, they clearly want you to put your money by attracting you unhealthily.

Analyze the source code

Well, it’s true that it’s the heart of an ICO. It must also be admitted that it is a bit technical. Depending on its level, it can be tackled and check the strength of the code. First of all, know that the code is always public. Feel free to see if experts in the field have checked the code. It must also be objective. He did not dare to stupidly follow the advice of a web guru.

By the way, if you do not know how to do it, there is a trick. Look on which trading platforms, we can exchange the token. If crypto is not recognized by strong platforms or don’t have good ICO Ratings, then that’s not a good sign.

Analyze the community and advisors

In general, members of an ICO surround themselves with recognized personalities. This is a very good way to build their credibility. Moreover, often the big ICO was by the fact that personalities were behind. Again, we can cite the case of Brave with advisors well known as the founders of Mozilla. In short, you have understood, the more the ICO is supported by personalities, the more the project would be solid. Besides, it’s also because its personalities invest a lot. This heavy investment can strongly influence the price and value of a token. So it’s a good way to see your token gain value. A single personality with the financial means can in an investment raise the price of a token.

These are the 5 most important points to consider when choosing an ICO. Each criterion is important and an average will make you choose well.

Post Views: 0

READ ALSO

How to Earn Passive Income Crypto?

How to Earn Passive Income Crypto?

November 2, 2022
How To Make and Sell NFTs

How To Make and Sell NFTs

November 1, 2022
Liquidity Pools

How DeFi’s Liquidity Pools Work

February 15, 2022
types of bitcoin wallets

What is a bitcoin wallet, and what are the different types of bitcoin wallets?

August 22, 2022
Tags: ico guideico process
Previous Post

Top Reasons Why Education Is Extremely Important

Next Post

10 GREATEST NAMES OF THE PREMIER LEAGUE! HAVE YOU KNOWN THEM ALL?

Shirly Balerio

Shirly Balerio

Shirley Balerio an SEO Strategist & blogger by profession & digital marketer from heart which allows her to do business & value to lives. Passionate about sharing knowledge as well as helping business owners who want to expose their brand or blog to a large audience, drive huge traffic for business online & get desire ranking on Google through the guest blogging.

Related Posts

How to Earn Passive Income Crypto?
Cryptocurrency

How to Earn Passive Income Crypto?

November 2, 2022
How To Make and Sell NFTs
Cryptocurrency

How To Make and Sell NFTs

November 1, 2022
Liquidity Pools
Cryptocurrency

How DeFi’s Liquidity Pools Work

February 15, 2022
Next Post
10 GREATEST NAMES OF THE PREMIER LEAGUE! HAVE YOU KNOWN THEM ALL?

10 GREATEST NAMES OF THE PREMIER LEAGUE! HAVE YOU KNOWN THEM ALL?

ICO coin

Consider Before Participating in an ICO

Ideas To Write Quality Content In 2019

The Best Ideas To Write Quality Content In 2019

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Ensuring Home Safety and Security During Your Travels

Ensuring Home Safety and Security During Your Travels

September 26, 2023
the herringbone parquetry flooring

Grains of Elegance: Transforming Your Underfoot

September 8, 2023
From centers that offer child care in Liverpool

Nurturing Tomorrow’s Visionaries

September 8, 2023
maintain a consistent temperature

Thermal Protectors: Safeguarding Your Assets

September 8, 2023
water dispensers offer a trusted source

Exploring the Importance of Quality Drinking Sources

September 8, 2023
From Battery to Brake Lights: Ensuring Seamless Functionality

From Battery to Brake Lights: Ensuring Seamless Functionality

August 29, 2023
Ensuring Home Safety and Security During Your Travels

Ensuring Home Safety and Security During Your Travels

September 26, 2023
the herringbone parquetry flooring

Grains of Elegance: Transforming Your Underfoot

September 8, 2023
From centers that offer child care in Liverpool

Nurturing Tomorrow’s Visionaries

September 8, 2023
maintain a consistent temperature

Thermal Protectors: Safeguarding Your Assets

September 8, 2023
water dispensers offer a trusted source

Exploring the Importance of Quality Drinking Sources

September 8, 2023
From Battery to Brake Lights: Ensuring Seamless Functionality

From Battery to Brake Lights: Ensuring Seamless Functionality

August 29, 2023

About Us

For Authors: Easyworknet is a tech-related and guest post-friendly blogging platform. We are ready to serve you information through our website. Here you can read and write whatever you want and share your valuable thought with others to help them grow with knowledge. You can help our readers by publishing an informative and quality guest post. Publish anything except spam…Happy Guest Blogging..!!

🙂

Safety and Security

Ensuring Home Safety and Security During Your Travels

September 26, 2023
Ensuring Home Safety and Security During Your Travels

Leaving your home unattended while traveling can be a source of worry. However, with careful planning and a range of...

Read more
by samanvya
0 Comments
Safety and Security

Ensuring Home Safety and Security During Your Travels

September 26, 2023
Home Improvement

Grains of Elegance: Transforming Your Underfoot

September 8, 2023
Education

Nurturing Tomorrow’s Visionaries

September 8, 2023
  • Home
  • Terms and Conditions
  • Privacy Policy
  • Free VPN

Easyworknet © Copyright 2023, All Rights Reserved.

No Result
View All Result
  • Home
  • Contact
  • Business
    • Cryptocurrency
    • Home Improvement
    • Finance
    • Insurance
    • Digital Marketing
  • Technology
  • Lifestyle
    • Relationships
    • Food
  • Health
    • Fitness
    • Exercise
    • Skin Care
    • Sleep and Rest
  • Education
  • Travel
  • Fashion
  • Game
  • Law
  • Career

Easyworknet © Copyright 2023, All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In