Golden Rule : NEVER INVEST MONEY YOU CANNOT AFFORD TO LOSE.
This is my OWN opinion and not a financial advice.
I am not a Writer, Blogger nor an English person so please pardon my grammar and choices of words. So today i will start sharing my thoughts about ICO's that i'm going to invest.
1st, they must have a solid team members, as well as their unique vision for the project itself. I will review all the ico's i'm going to invest but of course it will be a boring time for you guys so i'll just share to you my 10 things to consider before i invest to an Ico (or any other investment). I'll be grading them 10 points every criteria that they'll be passing (in my point of view as an investor). I will also share the amount that i'll be investing with and try not to be biased. Wish me luck.
- Popularity/Hype - Social activity of the company (from the team members to the community) which is also a great factor in a single project or company. The more popular your company is, the more investors you will get as they will get used to your project.
- Total Supply - it will determine the price of the tokens (too much supply = less value)
- ICO Token Price - the starting price for every coin that a company will distribute.
- Team Members - group of people who you'll entrust your money(investment) with. For better results of your investment, always check EACH member's background and reputation.
- Advisors - Those who'll give their own opinion, solution, point of view in every aspects of the project, always check their reputation and background as well.
- Security - the more decentralized, the more i like (not a fan of KYC process)
- Prototype - from which other forms are developed or copied.
- Real world Counterpart - is what they are trying to become in the real world companies.
- The service/Product/Idea - i'll give this 2 points as this will be the biggest factor of a company's success. For a total of 10 points.
Token Name : i do believe that the name of the token has something to do with the project's success (this is my own opinion and will not grade them just because of their names)
More info
Token Sale Date :
Token Protocol : ERC20
Site :
Address:
Phone:
Email:
Country of Origin :
My Steemit : https://steemit.com/@jombipogi
My Twitter : https://twitter.com/Joshualie22
I'm with you man!
Here's to a good 2018 for the cryptoverse.
Just like what other's are saying. See you on moon lol.