How To Make Sure That Your ICO Investment Will Generate Best Possible Return?steemCreated with Sketch.

in #crypto7 years ago (edited)


Every investor in the ICO space is asking themselves, if her/his investment wasn’t a waste of money. In this post I will share my criteria in selecting the best possible ICO, but first let’s define ICO to better understand it.


ICO-a crowdfunding technique by which funds are raised for a new cryptocurrency protocol or solution. An Initial Coin Offering (ICO) is used by startups to bypass capital raising process required by banks. In an ICO campaign, a percentage of cryptocurrency is sold to early backers of the project in exchange for Bitcoin or Ethereum.

So, are you looking for + 1000% return or more on your ICO investment?

Me too. And I am using steps described in this post.

Follow those simple tips to make sure that your ICO is legit (not a scam) and has a potential of becoming the next big thing. When researching for ICOs always investigate:

Protocol

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How the token is used to fuel the network

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Competition

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Industry and industry needs

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important.jpg

Team

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Probably the most important aspect of every ICO is the team. You want to make sure that the team us experienced in launching a successful ico. You may ask yourself the following questions:

Did they delivered promises?
Launched an ICO before?
What is the background of a team?
Do they have a complementary skill sets?


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