You are viewing a single comment's thread from:
RE: Expanding My Crypto Portofolio To Foodcoin
I think a key to valuate an ico is looking at the people behind it. No matter how good idea it is, if the people are not right for the job it simply won't be successful - what do you think ?
Well. I agree. Knowing the team and the team being transparent about their past and present work is one of the key points when deciding whether to join or not.
The FoodCoin team is also a 1000 EcoFarms team so it is known what are they capable of doing and what they've already done. One point for them :)
On the other hand, I'v ejoined ICO's which had a stellar team only to end in a messy divorce team story...
I am finding more and more that these ICO's are more the matter of faith than the objective and logical reasoning ...
And there are too many of them with far too much money flowing in, of course.
Yea it really feels a bit like playing roulette, and I agree with you on the point of faith. As all this is so new we don't even know how any of these coins or companies will actually look in the future - so going with your gut is necessary!
By the way you describe the team it sounds legit, eco producers are usually very sincere to begin with so they are probably very motivated !
Thanks for your long awesome reply :)
Have an awesome day my friend !