Giil, How do you choose ICO that you'll be Investing?steemCreated with Sketch.

in #tutorial7 years ago (edited)

Giil, How do you choose ICO's you're getting in?

Greetings again, and welcome again avid reader.

Disclaimer: There's no single techniques and criteria, as each investors has it's own strategy. In this post I will be sharing my personal strategy on how I evaluate if a certain ICO is ROI-able when I started.

By now we already know what's an ICO is, but for the sake of our new reader I will explain it briefly again. For old timers, you can scroll down already. So ICO investing is basically called Initial Coin Offering. It was first introduced backed in 2015, I believe, but wasn't formalized as ICO. Basically it is fundraising. It started when a certain guy in bitcoin talk forum wanted to build the first ASICS miner. He then successfully raised $1mln for the project. months after he delivered his asics miner and all investors who went in got really big ROIs. And there is where blockchain projects fundraising started.

Here's my criteria:

  • IDEA

I prefer choosing platform, protocol, infrastructure projects. Read their whitepaper to further understand what they are trying to do.

  • TEAM

Team must be knowledgeable and has experience creating a company. (Blockchain is a plus), Work experience with big companies, duration, affiliation

  • PROTOTYPE

Only get in projects with MVP, ALPHA, BETA, Main net

  • ROADMAP

Detailed yearly info must be in their yearly roadmap

  • COMMUNITY

Telegram, facebook, instagram, slack, medium subscribers must be high

  • ADVISORS

Noteable advisors with good backgrounds that can specifically help their company is a must

  • PARTNERS

VC's connections, Tim Draper, Fenbunshi, and blockchain company partnerships

  • TOKEN METRICS

Sweet spot is $20mln to be profitable

  • and HYPE

Must be supported by blockchain bloggers and youtubers.

There you have it my friend remember to always Do Your Own Research and invest on companies you believe and team that you know that can deliver, and the money will follow.


The solution is fairly simple.

just do your homework.

and that's what I've been doing.

Filipino ICO Investors

https://t.me/phico

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I agree. Just with anything in life, always do your homework..

Yes, tho a lot of times hindi nila ginagawa ito and they blindly follow others.

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