What Makes a Trustworthy ICO?

Apollo18
Apollo18
Sep 1, 2018 · 3 min read

Although cryptocurrency has gained more traction and mainstream acceptance and finds more government regulation placed upon it to ensure consumer safety, there is still an element of “Wild West” mystique surrounding the exchange. It behooves the prudent investor to carefully evaluate where they put their money to work and to do their homework to ensure they reap the highest returns they can.

Regulation and Compliance

One of the most prominent signs that an ICO is on the level is — have they done their homework to ensure that they are complying with all government regulations? For example, ICOs based in the United States may be compelled to register as securities with the SEC. If an ICO fails to abide by the rules of their home country, do you think that they have your best interests in mind?

Naturally, Apollo18 utilizes SEC Regulation D to ensure that it follows all United States security exchange standards. [ed. note: you’re more familiar with the SEC and ICOs; I pulled this from the whitepaper but if you can insert any more copy in this paragraph to back that up that’d be great, I don’t want to misspeak here]

You can find out more about how the SEC handles ICOs on their website at https://www.sec.gov/ICO.

Physical, tactile results

You want to ensure that there is some verifiable, physical facet to where your money is going. There have been stories of other ICOs where they boasted about their physical infrastructure and development but showed no actual proof or demonstration of their capabilities, and instead ran a simulation of the mining experience that wound up being a Ponzi scheme.

It is up to the ICO administrators to show the fruit of their labors; after all, they are there to serve you, the investor. Apollo18 is dedicated to maintaining a physical, real-world presence and you can see what we’re accomplishing on our media page at https://apollo18.co.in/media/.

Congruency and consistency

Carefully evaluate actions and words over time. Have the administrators kept a steady hand, or have they overpromised and underdelivered? While it is true that past performance is never indicative of future results, you also must consider that a reputation takes a lifetime to build and a mere misstep to throw away. Apollo18 believes in transparency and being forthright, and our roadmap is laid out publicly on our website at https://apollo18.co.in.

Research and development

Mining, by its nature, is a constantly changing field. An operation that is content to rest on its laurels and simply maintain its infrastructure will surely fall behind as technique and hardware evolve. Mining hardware that was state-of-the-art five years ago may not even be able to recoup its electricity cost today. Apollo18 keeps abreast of the latest data center techniques and procedures to ensure that it stays on the bleeding edge of cryptocurrency mining.


Stay up to date with us at apollo18.co.in or find us on social media!

Facebook|Twitter|Discord|Telegram|YouTube

Apollo18

Written by

Apollo18

Rewarding investors by building cryptocurrency infrastructure and securing the blockchain.

Welcome to a place where words matter. On Medium, smart voices and original ideas take center stage - with no ads in sight. Watch
Follow all the topics you care about, and we’ll deliver the best stories for you to your homepage and inbox. Explore
Get unlimited access to the best stories on Medium — and support writers while you’re at it. Just $5/month. Upgrade