ICO Review Channel: Beginners Guide to ICO Research #1: The Project at a Glance.
This criteria has been determined by ICO Review and Crypto Koala along with the Crypto Nebula community on telegram. This series highlights things we consider, key points, for researching initial coin offerings and is intended as a beginners guide.
4 tips when taking your first glance at The Project/ICO:
-What is the project on its surface level and do you think it’s relevant to todays world?
-Does the idea solve a problem?
-Can the problem the company is addressing be solved without the blockchain?
-Does Blockchain give them an edge over the traditional model?
First mover advantage?
-Stage of development. Is the an alpha, beta, fully function product (if applicable)
These are the sort of questions we ask when determining if the ICO has a valve, now this would have to be the most important aspect in determining the success of an ICO along with adoption.
An ICO can raise huge amounts of money but the idea along with support will determine adoption in the long-term. We factor in if it is a long-term investment or short-term investment.
Crypto Koala
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I am not a financial advisor and this is not financial advice. I am a crypto enthusiast, take all information in that context.
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