randomzeus
Regular Member
- Apr 21, 2015
- 368
- 189
Found this amazing guide for anyone wanting to invest in ICO projects: https://chainbulletin.com/the-ultimate-step-by-step-guide-on-researching-ico-projects/
TLDR:
TLDR:
- dont believe the hype
- read white paper
- be judgmental of design
- research the MVP
- research team
- follow announcements
- analyze social media activity (mostly telegram)
- look for competition and compare
- analyze the marketing
- investigate the company behind the project
- Does the white paper have a clear vision?
- Does it look like the team really invested a lot of time into putting together the white paper?
- Is the quality of the language in the white paper exceptional?
- Are there references in the white paper where there should be i.e. where there are mentions of exact data?
- Is the white paper written using LaTeX?
- Is the content on the website without any mistakes?
- Is the quality of the language on the website exceptional?
- Is the design of the website flawless?
- Does the color palette of the website coincide with the nature of the project?
- Is it easy to find what you are looking for on the website?
- Is the logo of the project visually concise?
- Does the project have an MVP?
- Is there are live demo of the MVP?
- Is the MVP’s design great?
- Is the content on the MVP perfect?
- Does the project team look like the right people to get the job at hand done?
- Does the project team conduct themselves as professionals, regardless of the situation that is presented to them?
- Does the project have a blog?
- Is it updated consistently and regularly?
- Is the team taking the community’s feedback seriously?
- Is the team protecting the community’s best interest i.e. warning of scams, promptly announcing any changes, etc?
- Are there constant updates on the project’s social media channels?
- Are the team responsive on Telegram?
- Are the team managing their Telegram group in a professional manner i.e. controlling bounty program spam, responding to negative comments competently, etc?
- Are the team’s responses on Telegram always professional, no matter the case?
- Are there realistic conversations about the project on Telegram?
- Who is the competition of the project and when identified, what does the project have that the competition doesn’t?
- Is the project in a segment of blockchain tech that people seem to be interested in i.e. blockchain infrastructure, finance, gaming, etc.
- Are similar projects’ digital assets performing well after their ICO was concluded?
- Are the team marketing the ICO and the project effectively?
- Is the marketing budget optimized i.e. there is no spending of funds left and right?
- Is the project listed on ICO Drops?
- Are there mentions of the project in articles that are not sponsored?
- Are there any conference appearances and if so, did the team conduct themselves as professionals?
- Did they present at the conferences they appeared in competently with a focus on their own project?
- Is there a lack of obvious focus on generating extreme levels of hype i.e. there are no completely irrelevant celebrities endorsing the project?
- Are there competent people generally saying good things about the project?
- Does the project have the necessary licenses (if any) in order to legally proceed with the development of the project?
- Is the legal entity behind the project registered in a country where ICOs are not deemed illegal?
- Is the distribution of the total cap of the digital asset reasonable?
- Is KYC required for participants in the ICO?
- Is the ICO closed to certain countries where people participating might cause problems in the long term i.e. United States, Mainland China, etc?
