My list is some examples of what to look out for. They do NOT have to be mutually exclusive. If you have some other things to look out for when investing in crypto currency, please comment below. I'll put your suggestions in next weeks video. Thank you guys for commenting.
- How much capital is the ICO asking for? Is there another existing coin/token in the crypto eco-space that used 0 captial!!
- Will this coin/token have a cap or an unlimited supply?
- Website - Is there enough generated buzz before and after this ICO. (i.e. Twitter..). New ICO (x > 2016), is their website up to par ?
- Is the ICO providing something new to the eco-system?
- Foreign Board Members - Do you know who they are? Can you pronounce their names? Is there any industry recognition?
Civic ICO in 2 days! Passes most of the tests...
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Thanks for the info percsalert. I will make a post on it tomorrow. Is there any criteria you can think of or you want to see added to the list? I'll run the Civic ICO through this test tomorrow.
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No problem, I would just say to always be cautious and do your own extensive research. Always take the time to read the white paper!
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