I have created a list with the top 5 criteria to find ICO's....hope you find this helpful
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Hype, SM, talk,coin circulation, these should not be the indicator of value, its herd mentality .
Consider #1 question - Is this a concocted coin sale venture or is this a meaningful use of coins, why are they selling coins?
In herd mentality for any reason one goes in a direction and another follows, next thing you know you have the whole herd following, it happens all the time.
Circulation is only meaningful in conjunction with market size and the above #1 question, is it a concocted coin sale venture or do they have a meaningful reason for a coin, most do not. Most do not have a meaningful reason for a coin.
In the case of the mentioned example, is a google for blockchain needed? It is not, about 99.5% of blockchain startups exist for ICO funds raise, in the end of 100,000 ICOs over the next 5 years, maybe 500 at most are meaningful at best and will turn out to be lasting companies in the long run. Its almost all pump and dump.
No shortcut exists, its simple - ICO after ICO searching, you must get to the point on each considered asking first Is this a concocted coin sale venture, almost always it YES, then move on.
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The approach that you are taking is backed up by experience and lots of research. The arguments that you make are very sound. However, when new people are coming to the market they need more basic ideas and criteria to get involved in the crypto-world. I believe that the information I shared can help people determine what has potential and what not. I got involved in this for the money but after realizing the implication and transcendence of the Blockchain technology, I understood that this projects are the money of the future which has always been the whole point of a decentralized era.
Thank you for your comment I appreciate
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