Investors Should Pay Attention to these Four Traits of a Successful ICO
It is no secret that most ICO’s investments will end in money wasted. The President of XAPO recently said that, “90%+ of CoinMarketCap list will disappear eventually — might as well happen now.” The reason for this is simple; start-ups burn money and fail. This isn’t news, and it is time for ICO investors to wake up and take notice.
There is a lot of great talent in the blockchain space. Here at Spuul, we know what it takes to create a winning platform. We have been delivering content to our subscribers for years, and now we want to take Over-The-Top (OTT) media delivery to the next level. Our SPOKKZ token is a winner, and these four reasons will help you to spot other great ideas in the ICO market.
1. A Great Platform
Is the company you are investing in an idea more than a business?
Great ideas usually make money, and our successful OTT platform is evidence of a well thought out idea that delivers results. Many of the new projects that are seeking funds via an ICO simply aren’t mature, and may not create the returns that new investors are looking for.
2. Clients That Are Ready to Use the Token
There are a lot of dreamers out there. Thinking about a new platform is a lot harder than making it commercially viable. When you invest in an ICO, make sure there are real people who will use the token you are buying. At Spuul, we have spent years cultivating a waiting market for our new SPOKKZ token, and we are delivering incredible technology to both our investors and clients.
3. Amazing Talent
Spuul will bring all of its skill to the SPOKKZ platform, and recently entered into a partnership with Ontology. Quality blockchain developers are in high demand, and the fact that Ontology decided to back SPOKKZ should demonstrate the desirability of what we are bringing to the market. If you want to invest in an ICO and make money, make sure the company you are backing will have industry-leading talent on its team.
4. New Ideas that Will Change Commerce
Any successful business has to do one thing: make money!
Cryptos have been a great place to be a speculator, but this isn’t a long-term business model. SPOKKZ isn’t going to be valuable just because it is a token, it will rise up because it is a great new idea that plugs into an existing business. Building on success is a lot easier than trying to start from scratch, and if you want to see real returns on your ICO investments, make sure you back companies that can actually offer you a real business plan that will get results.
