MicroMoney ICO (Part II) & Secret formula of good investment

Last few weeks I spent lot of my time exploring ICOs, writing about some of them and making investment decisions. After this experience must say that even I don't support suspensions I can understand Chinese decision to ban them or put them under control. There are so many projects worth less then nothing. You can't even call them scams because scammers would try harder and make even something false to take your money. But I also found few ICOs with great ideas and potential that I decided to invest in.

One of these projects is MicroMoney.

So how and why I decided to take a risk and invest some money in this ICO?

I always take this steps when investigating new investment and after few hours of reading and thinking I can make a decision, to invest or not. So let me take you step by step and analyze MicroMoney along the way.

1. Website. https://micromoney.io/ Rating 5/10

This is your first contact with your potential investment. If you see something like: broken links, no information about company, no social media and grammar mistakes just run and leave this for someone else. A website does not have to be flashy, shiny and super modern but it needs to be decent, full of important information about a company, team, and project they are working on with a undersendable roadmap. MicroMoney website is not some piece of work that you will be talking your friend about tomorrow and I hope they will do some rebranding after ICO is done but you can get all information you need in 10 languages. It has plenty of info about ICO, team, and company plus a big number of social media links.

2. Team and Advisors. Rating 8/10

I always put people before idea and product. You need to know who is behind all these big promises in whitepaper and roadmap, and who will make your investment grow. Check if they have Linkedin connected with their profiles and then check their history. have they worked on any important projects, in any big companies, how experienced are they and what schools did they finished? It is smart to do an extra step and Google few main people to check what will big G tell you about them. At the end just ask yourself simple question - Can you trust them with your money?
MicroMoney team (https://micromoney.io/#team) is big. At this moment they have 85 people on it, but this is reasonable because they are working and expanding rapidly for last 2 years. There are some really impressive profiles among them, people like Sai Hnin Aung, MicroMoney ICO, Mr. Tetsuji Nagata, Oknah Sorn Sokna and big number of others that I really advise you to check for yourself and see all that titles, big company names they worked for in their careers and really huge multi-million dollars projects members of this team managed successfully.

Advisors are also important because, well, they advise ;)
And in this area MicroMoney is looking really great. You can see people from: Visa, Bankor, Unitad Nations, Facebook, Omise go, Bankex... Really Impresive.

3. Product. Rating 8/10

Next thing you have to think about when analyzing your investment is - What are this guys selling?

Is there a working project that they are making money on or they just have plans and whitepaper? Can you understand what is their product about, is there a market for it, is competition too big, what is their market advantage... There are some things that look really great as an idea, but you will never put it on the market and sell it because of some reason. And as someone smarter then me sad onetime: "Nothing has happened until someone sells something"!

Micromoney is operational for last 2 years, have a working product, making money on it and having thousands of returning consumers plus great social media coverage. Big plans for expanding in more countries and unbelievable big new market of 2 000 000 000 potential costumers. Of course, there are more companies interested in this market, but if MicroMoney takes even a small part of this 2 Billion people market then they will become huge.

Math and ICO numbers. Rating 7/10

The main thing here is to find out are they greedy? Is this ICO fair and are you getting enough for your money? If some ICO project gives 30% of the token to themselves and they have no restrictions on selling them, then you know that is not fair. Also if they are trying to rise 100 million $ to make some application, and have 2 programmers, then they will probably be spending that money on cocaine, prostitutes, and cocktails, and not working to double your investment.
MicroMoney have plan to rise 15 000 000$ and they put hard cap on 30 000 000$. I don't say that this is small money, but I see it as realistic for their plans. Team and advisors will get 12% of tokens without an option to sell it for one year. If Micromoney ICO rises full amount of money than they plan to have more then 25 Millions of active users of their product and to be active all over the world.

Social media. Rating 7/10 https://twitter.com/MicromoneyIO

Allways check small talk and you may find out some really interesting things about your potential investment. Go on forums, Facebook, Twitter, Google it and so on. See what are people talking about. Allways keep in mind that people are liers ;) and don't trust them, but if you keep hearing something bad or good about some company than take that info in your investment calculation. If the company has running product or application then always check their rating and see if you can find some costumers comments. One more important thing is checking a number of people/consumers/supporters of the company.

Things I keep hearing about MicroMoney are really good. Their application has a rating of 4.4, they have a really big number of people and likes on social media and even on their website, you can see positive stories from their costumes. https://medium.com/@micromoney.io/micromoney-introducing-a-borrowers-portrait-and-reviews-3a2f59ffe9d5 It is always smart to take these with a grain of salt, but after checking Telegram, Twitter and Google it, my opinion is that they have pretty good and positive online presence.

This is not all that I check before making a final decision on my investments, but it is a good start.

I decided to personally invest in this ICO starting in 10 days (https://micromoney.io/#details). Would like to know what do you think? What is your secret formula when investigating potential investments and do you think MicroMoney is a good one and why?

PLEASE MAKE YOUR OWN RESEARCH BEFORE ANY INVESTMENT!

KriptoNoob - No BS, Just real INFO!