Crowdholding

48 hour task: Assessing an ICO

48 hour task: Assessing an ICO

task

EXPIRED


YUP icon 8000


48 hour task: Assessing an ICO

Rewards

No YUP/tokens awarded

Hello Crypto Sharks!

We want to know from you what makes your decision to invest in an ICO. Our COO, Paolo Lacche, wrote an article from his point of view on the importance of the product factor in assessing the potential of an ICO.

Share your opinion and tell us what is crucial for YOU to invest. Do you think product matters?

Read the 4min article here.





18 COMMENTS 11 VOTES

Most recent Most voted Most verbose

for now a lot of ico is detrimental to investors and one of them ico that I follow from other projects that is worldcore that I see a lot of investors affected by hack.mungkin for now will feel no partipasi in the project, and I myself have seen their movements from the beginning of ico to emerging on the bourse. while this project gives investors help to increase profits from ivestor results that make me more confident in this project.

1 year ago

For an ICO, I believe that the scalability and the target audience are of utmost importance. The scalability allows the project to grow much faster, while if the target audience is a specific audience, the project may not take off as fast, and more people will seek to trade instead of understanding the value of the project.

1 year ago

ICOs are risky. Especially with today's cryptocurrency ICO flood. So I think I will not be investing in an ICO ever. I will rather be waiting for the "hype" to pass by and then select the project to invest when the development is active but the project is not getting active attention.

1 year ago

Most important for me to invest are following factors
1) Legitimacy of the team
2) Working prototype
3) Potential to grow
4) Timeframe to growth
5) Market competition
6) Uniqueness of the project
7) Potential market?
8) Developer's personal gains

Probably in the same order of importance too

1 year ago

First of all, the product/service must have a real use in the real world, the most the project aims to mass adoption the better.

Then the team and their transparency and activity before/during/after the ICO. If the team is working on achieving their business goals before/during ICO, then they will most likely do much better than other projects which just wait on their butts and wait for millions to come before they even get of their couches.

Location also plays an important role for some projects (you can't expect to succeed with solar enegry project based in the Czech Republic, where direct sunlight is only for about 3 weeks during summer).

Reviews, articles, rummors...extensive research, find all the information which are addressing the project as a scam, check the evidence and make my own opinion.

Finally, price of the token, total supply, use of the coin etc... It's good to do some math, compare it to other similar projects that have the same coin supply and are on the market for some time.

1 year ago

For me it's a combination of two things: emotion and reason. If it's more emotion, I can put my heart (and money) behind it but it might not work. If it's more reason, it would make sense to invest but primarily for the money than the idea itself.

As for each part, emotion means story, show me how your product can "change the world", tell me a story, make me fall in love with your vision.

Then back it up with reason. Show me that you have a great team capable of doing what you're doing. Show me that you have a business plan and you are not just building something cool that cannot be monetized. And show me that you're in it for the long run! Especially today where people are bullshitting other people with fake business proposals, I need to see that your concept is not just a phase where you close up after raising enough money, show me it is going to stay.

1 year ago

That's a very good comment! Now I'm interested in your feeling about Crowdholding:) Are we sufficiently telling our story and awakening the feeling of being a transparent player who's in for the good? Did you even throw in to our ICO? Why?

1 year ago

Hello everyone! :D
What is crucial for my decision to invest in an ICO :
- reputation of dev team, infomation of Dev team is clear and transparent, it is so good if advisor is famous man or a billionaire :D
- transparent infomation about project it writes on whitepaper

1 year ago

Visibility, realistic objectives and some degree of proof of concept. Then, innovating ideas, motivated and experienced team. I think a lot of ICO fail because they either aim at sometime too big or too vague to start with, instead of demonstrating the ability of the team to expand and sustain a good idea in the competitive world of entrepreneurship. I have seen amazing ideas fail because the team behind them didn’t master basic business concepts. TLDR: For all ICOs, show me that you can manage a simple project effectively and that you have the means to get that innovative idea become something tangible, then I’ll invest.

1 year ago

When we talk about the campaign, we have to make a difference with the competition, this is completely thought through-out how the blockchain (technology that is revolutionizing the world) makes a difference in this.

1 year ago

* Does the concept sound solid? Is it something I think could work, or just a vague promise or unfinished thought? Does it look like the people behind if have thought the whole thing through?

* Does an ICO make sense for the idea? Are the doing something that benefits from using a token and a blockchain, or are they just jumping on the ICO hypewagon and/or want to avoid the regulations that come with other forms of financing?

* Is there a market for their product? Who's already in it? Are they going up against small, local companies or a global player? Do they have to create demand for what they want to do, or is it already there?

* What does their whitepaper contain? Is just just copypasta of business gibberish mixed with some nice-looking, but useless graphs? Did they consider all the angles of what they are setting out to do?

* What does the team look like? Do they have experience in the fields they are working in, do they have backers, who supports them already?

* Do they have a community? Is it just a few sockpuppets on Reddit, or are there actual people discussing and supporting the project?

* Do they engage their community? Do they just publish the same nice, but meaningless statements on every single social media channel, or do they actually talk with people? How do they react to complicated or unpleasant questions? Do they just ignore them, or try to give insight?

* Are there similar ICOs? If yes, are they doing something so much better that they might have a chance against their direct competition?

1 year ago

They are a few things that are crucial for me to invest in ICO;

The project to which the token will be addressing, always good projects tend to attract me on investing
Then lastly trust and it's most seen in how responsive the support is towards people complains because nothing worries us like after investing and you try reaching out to support for days when no one replied

1 year ago

Investing in ICO is high of risk, example if someone invest to a project , then developer run out, it's being a scam project, many investor loose their money, that's a bad situation

1 year ago

Very useful article! Three key factors, it is they, I also use them in the selection of ICO! Especially if the MPV is working, not from scratch! But still a portion of the risk is present.

1 year ago

Interesting article; but with ICO's being such a risky investment, the most crucial thing for me is to find a Good Team who simply won't run away wit the money! And if the idea resonates with me :)

1 year ago

Reason number one for the greatest ICO success in average is the biggest community and proper marketing. Best example is bitcoin. Why bitcoin worth more than litecoin or all other better product on the market right now. Bitcoin has the biggest community and it makes it more liquid than anything else, on top of that they get marketing all around the world for free cause every one talks about it. ICON is another very good exemple, they have over 30 company that will force the mass to use it (security company, banks, insurances, universities etc. and they will add on more company to become the standard in Korea) now look at ETHconnect it soldout in about 4 days and its probably a scam but they had about 200000 people registering on there web the site before there ICO. So first build a community of couple 1000s people and couple known company that engage to use it, than make the proper marketing on the proper channel to help your cause a lot, look at SUB, COB, LAT, all these 3 project got millions $ by making adds on coinmarketcap about every day of there ICO.

If Apple, LG, Samsung, GE etc a big name would engage in using Crowdholding it would sell off in no time, why cause replicating the concept is easy, but replicating the community is harder and that is why no one ever succeed to overthrown Bitcoin

1 year ago

Useful article!

Well, having a working product is one of the most important requirements for a project that claims to raise a large amount. Of course, projects without MVP can also request a lot (while clearly necessary to reduce appetite). But in such cases, if investors see the project concept, the team and the market as promising, they should invest on the terms of the phased tranches as the roadmap is executed and the corresponding growth project results as a whole are achieved. I think this will be the next stage in the ICOs culture and functionality evolution, after many lose a lot. Personally, I now mostly support projects that have a MVP and the right smell that I can recognize as a cat, even online :)

p.s. My bad English? All claims to Google;

1 year ago

I do not quite agree with the author of the article, as more and more new projects are on the PPI already test the alpha platforms and the end of the ICO get the finished (working) product.
Investing in ICO, in most cases, it's a risk, even if the finished product, than when it is not legally regulated. In the USA the situation is different. There are many factors to successful project launch and in the subsequent further implementation of the programme.
Describing the analysis of the project and investment risks should:
1. The prospects of the project. 2. Team project (professionalism). 3. The idea of the project and its implementation plan. 4. Project platform (test platform or working). 5. The economic feasibility of the token. 6. The view of investors, what they say about the project. 7. Distribution and listing.

1 year ago