Signs of good ICO (IBG News)

The market for token raises and weed out scams from promising projects is quite difficult, so we’ll try to figure out what are the signs of a good ICO and how not to fall for deception.
SIGNS OF GOOD ICO
First of all, evaluate the idea. A good idea is the guarantee of the further success of the project and the interest of other users.
Detailed White paper. If developers have nothing to hide from users, then this document will set out all the information — from the main idea to explaining each character in the code.
Famous names in the team. If there are people in the development team who have shown themselves in other projects, then this gives great hope that the new product will be successful.
Quality and Honest Road Map. The action plan must necessarily be combined with the overall idea of the project and reality. If the team promises big money in a short time or “profit without investments,” beware of such projects.
Attitude of the public. As a rule, any new project is seriously criticized at the start. But careful study of the news background, forums, etc. will better assess the potential of the ICO. Do you remember that bitcoin was not immediately accepted by the public?
Valuation of depositors. When large companies invest in ICO, this is a very good indicator. Often, large investors carry out a thorough analytical work, so they will not invest in the scum.
Result
In general, “signs of good or bad ICO” is a very questionable formulation. Speaking about this phenomenon of the financial market, it is better to use a different formulation: promising ICO and scam. In this case it is very difficult to establish the criteria for good projects, because even the most promising projects sometimes fail. Therefore, any investment is always a risk. Carefully select startups, and then the probability of failure will be minimal.

