独家优惠奖金 100% 高达 1 BTC + 180 免费旋转

ICO RESEARCH

How to find sucessful ICO — Research and criteria

This is the first chapter of a series of post regarding ICO and their surrounding, we will begin with something that can we label as basic if we want to be successfull in this world, a deep research. Hopefullly the next 7 filters will help you to navigate this stormy waters and get the best out of this type of investment.

Order may change.

*As it’s the most visited, it only lists good projects. It is recommended to review them all.

There are more than 2000 ICO’s to be released. Therefore, it is important to apply more than one filter, although successful projects may be found in any category, it is advisable to filter by TRENDY words, that is, those that set trends, in order to find ICO’s that generate more expectations (hype).

TRENDY words — DO’s

TRENDY words — DONT’s

Take into account on which platform the ICO take place. Next, advantages and disadvantages of the most used platforms will be listed.

ERC20: Ethereum Platform

Advantages:

NEP-5: NEO Platform

Advantages:

Disadvantages:

*Others platforms:

*NEP5 is the NEO token standard is a technical standard used for smart contracts on the NEO blockchain.

*ICOs are not developed on the platform or are not popular yet.

It is advisable to evaluate how the site looks, as all decent projects should have a suitable website.

*All projects must have their whitepaper

The WP is the most important documentation of the project. From here you must take data to compare them with other ICO’s, and filter them. It expresses a problem and develops a solution. Some contain formulas, in that case, it is advisable to validate them. Verify if the project has its own blockchain. How is your consensus model and its rewards.

Data to look for:

*Business Roadmap : Some ICO’s do not show it or only provide it to private investors but it adds value if they show something credible. It helps to know how they invest the money they raise.

Things to be considered:

The team can be rated in two ways: Objective / Subjective

To objectively qualify the team of a project, the following variables have to be taken into account:

*It is advisable to google the profile photos of the members to check that they are not fake.

The numbers are an estimate. They may vary depending on the project and the number of developers but in general terms these numbers needs to show activity. Sometimes the GitHub is private, in that case, it is advisable to check the telegram group to know when they will show their github and what is their current development.

This qualification, being subjective, requires more time. It is recommended to consider both to make a decision.

Points to consider:

To rate if the ICO has good partners, these have to be companies or projects recognized in the environment or internationally. Example: NEO, IBM, Microsoft, etc. In order to find possible connections with other projects / exchanges / companies.

It is advisable to keep in mind that there are many ICO’s lately that use the word “partner” to express that they are using the service of a globally recognized company. For example, one used is usually AWS (Amazon Web Services).

In the same way as before it is a plus that they be companies / large projects. If they claim to be a blockchain advisor, they need to have experience in blockchain.

*Review the LinkedIn members and check that they are related to the project to avoid fakes advisors

The HardCap is the amount of money raised from the ICO. The equation would work like this; The higher the hard cap, the higher sell pressure at token release. While if the hard cap is lower, the pressure decreases, and therefore, also the sales orders.

A suitable value for a hard cap could be 30K ETH or 21M usd (current value). The lower this is, the more beneficial for the participants.

The circulating supply is the number of tokens that are in circulation. However, in the ICO instance, it is possible to give more relevance to the percentage than to the total number. In this way, it can be taken as a recommended measure that 50% of the total supply is allocated to the ICO, since it is a point to avoid centralization. Therefore, if the percentage is higher, better for the rating of the project. As long as there are more hodlers keeping that coin in their wallets, a drastic fall in the price is more difficult because there are no big sell orders.

Also, the greater the decentralization, the lower the possibility of 51% hash power attacks, which in turn could reverse transactions and produce double-spending. It is advisable to know about the percentage that the company / team has, if these numbers are final, and for how long, as this would help avoid a massive dump on the day of launching in an exchange (release).

Another point to take into account when doing a research is the bonus. That is, an extra amount of tokens as an incentive for a considerable purchase of them. Although it is possible that these are available only in private sale* or first instance of sale. It is essential to know what percentage of bonus is given to these participants, because the higher the figure, the larger the sales orders at their first trading day.

A suitable bonus parameter could be 40%. Find out their release date, the longer the vesting, the better for the rest of the participants

Some ICO’s usually use this strategy to maintain a transparent game with their users. In the event that all tokens are not sold after the crowdsale is finished, those remaining are sent to an address to be unused, and in this way the participants ensure that the company will not take profits from the sale.

Collaborators: @vPEPO, @LeoSagan

ETH Tip jar: 0xcdfBEbb0fFE99d0F3939981Ecb55Fe07348189Ee

Add a comment

What is your view?

Send

Related posts:

Game Therapy

what captivates us most in games may be what we are missing in life

How Much Does a Marketing Report Cost?

Learn about the various factors that influence the cost of a marketing report, including type, scope, data sources, and experience. Discover what you can expect to pay and how to budget for a report that meets your business needs. Read on to find out more.