How to Choose the Best ICOs to Invest In

Hey, Louis & friends! : )

I highly agree with the point about the team. I remember when I used to work with a pre-accelerator (StartItSmart Bulgaria), they always emphasized the importance of a good team and presented it as critical. All of the projects that came out of there successful had amazing teams where people matched each other and were proactive & organized.

My favourite criteria is whether the team has already taken massive action, before asking for money. That's what many investors highly respect and it's also a sign of true commitment. That definitely applies to ICOs as well, because it's basically raising money from investors. (duh! xD)

As a recent example, onG.social announced their ICO (which is quite soon) - I loved the team behind it, as far as I can discern from a distance, but more importantly, I was able to create an account and it looks pretty neat. : )

In this case, I appreciate the fact that they're already up and running and have already been backed by IBM, which is another good point actually - many wise investors want to know whether anyone else has already put his money on the line. Then they feel more confident about their decision.

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mikenevitt (62) · 7 years ago

Great video, I've never seen any of your videos on Steemit but have watched a lot on YouTube keep up the great work, cheers mike

$0.10

1 vote

diandimitrov (34) · 7 years ago (edited)

$0.02

3 votes

rafadezelanda (52) · 7 years ago

Serious considerations for an investor. Nice!

$0.00

2 votes

hilongs (42) · 7 years ago

You're right. That is a huge green light, especially if they were backed by IBM. Thanks I will look into this project

cryptocat (40) · 7 years ago

you been resteemed for such a great video

luiszuritam (44) · 7 years ago

Hi friend @louisthomas , great video , I congratulate you, keep it up

charlesarthuriii (43) · 7 years ago

I enjoyed the video. I think you put things in perspective when you said that even if all of these steps are met, the company still only has a 10% chance of success. Everyone is so busy looking for the next get rich quick scheme I think that they often forget this.