Bitdepositary: A story of successful ICO project and how their concept attracts and trusted by the crypto community.

In my previous article, I explained the concept and the objective of the Bitdepositary project and how their platform will contributed to the blockchain community. It's not easy to reach certain fund goal in crypto as it will depends on the quality of your project. If you quite noticed, most ICOs are being introduced everyday, different idea, uses or trendy tech to show off the market but it doesn't mean they will become successful. Although the project has a good product or whatever they will offer the people. The factors that contribute to the success of the project lies on many aspect which every section is important.

HERE IS MY LIST OF CRITERIA THAT ICO PROJECT SHOULD FOCUS DURING ITS COMMENCEMENT

First: A good and reliable concept and platform that caters the needs of certain people such as trader, investors, marketers and business sectors.

Second: Great team, this means a group of people with capacity to show what are the strength of their project and perseverance and patience to conquer the conflict and problems lies along the way.

Third: Market Strategy, If you would noticed, most ICOs failed due to their low ability to market their project ending up unsuccesful, why? Cause they only cares about those who will invest, in an ICO. Management should clearly explain the project capacity and what it can help on the community. These are more important than to acquire funds without elaborating the usefulness of your product. It happens everytime.

Lastly: The legality of the team. The team should be open to dig some info on their cases, this is an important aspect especially in crypto community. we know that scam projects only use some high and famous names to gather funds. Sorry to mention but this is the important thing an investors should look into.

All those things are in depth acquired by BitDepositary project. No wonder how they become succesful at early stage while their ICO are scheduled to end on a later date. Ive been always on their telegram channel and reading those discussion by the community managers, admin, team, and the crypto enthusiasts, you can see the sincerity of them to help out if there are concern regarding the platform of the project as well as the investment inquiries. Their concept and solution is quite good actually, and tackles the vulnerabilities of ICOs on the investors. Let me explained again a brief summary how their project works on the blockchain field.

BITDEPOSITARY SIMPLE CONCEPT BUT USEFUL IN THE GROWING BUSINESSES OF ICO LAUNCHING..

As you all know, their main concept is to create an integrated platform that caters the need of investors on identifying which projects are LEGAL and has an ability to achieve success. Ops, this means they are not guarantee the success but helping us to decide which one can be on that stage. In simple math, they will add options for you to easy gain that decision factors.

Their platform acts as a mediator and payment platform for huge group of investors. Meaning they will be responsible for your investment to keep safe from hoax projects. Is it helpful? 100% yes. In this market most are being scam without due diligence of the project itself ending up losing their investment. So we can see that their concept really can be useful on this field as investors keep circulating their funds on most new ICOs.

If you read their whitepaper. The current issues they will solve are focus on these matters:

1. Preventing Token Theft

2. Identifying Scams

3. Spotting wrong decision.

These parameters are clearly what an investors should take precautions when joining ICO.

HOW DEPOSITARY PLATFORM WILL HELP ON SOLVING THESE PARAMATER?

On ther platform, there a section called TeamBit. What is this? its refer to the organization they created consisting of group of expert, trusted community leaders, experienced accountants, and legal advisors. Their task are quite simple on, they will overlooked on those projects that clients will likely to invest with protection program against scams and theft incidents via systematic platform that run over blockchain. You will use their utility token to covered expenses with their ecosystem. I myself are impressed with their platform, and looking forward to meet those experience guys from the TeamBit.

(Image source: Bitdepositary Main Telegram Channel https://t.me/BitdepositaryCommunity)

By the way, as of this moment. Bitdepositary project have reached their target fund and close the ICO on the 1st of October. But still there are still few days to catch up for those who want to buy their tokens. Their product will be live as early as 4 to 8 weeks and you can now start using their amazing product. All I can say is WOW, their whole team is quite amazing to pulled of this great achievement. Congratulations and wish you all success in the coming feature.

You can visit them for latest update on their website:

https://bitdepositary.io/

Creator of this article:

Bitcointalk Forum URL:
https://bitcointalk.org/index.php?action=profile;u=1269701

Bitcointalk Forum username:
cryptoaddictchie

https://steemit.com/@etherium24

eth address: 0x2981f6554aC5519Fec7ba96a3A799d81C683199C