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If i invest in an ICO, what aspects should I check ?

Before investing in an ICO, you must take note of the following points;-

Read the whitepaper

A white paper generally contains the problem interface, proposed solution by the project, road map, team behind the project, token and its economic model. So if you read their whitepaper, you will get a rough idea of the project, then do your own research on how good the project is and how effective their proposed solution will be to address the existing problem interface.

Check the professional profiles of the team

A project's success is always dependent upon how good the team is, how experienced they are and how professional they are in the core domain. So always do little research and try to check their Linkedin profiles, twitter profiles and other social media profile and I am sure you will get a rough idea of their professional score.

Do check the different forums and social media to listen to the buzz of the ICO

Although there are people who fabricate a hype, but there are good projects too and you can certainly catch the buzz of crypto town if you browse different cryptocurrency related forums and discussion threads. You should check forums like bitcointalk, steemit, reddit, medium, coincompare etc to get the legitimate information related to upcoming ICO and crypto project.

Competition and Rating

Do check the rating of the ICOs you are participating in from various sites and although you may not get the 100% proven impression but you can certainly get the average rating of a particular ICO. How competitive the ICO is...you can check that from a comparative analysis with various other ICO and also from the social media.

Please bear in mind that these sort of research and home work before investing into an ICO is always good to minimize the risk of investment but when ever you are investing, you are taking a risk, therefore always prepare for that risk part and accordingly plan your investment.

Thank you and Have a great day.


The market for ICOs experienced a real euphoria in 2017, with culminating in the sharp rise in crypto-currencies at the end of the year. Now, the times are harder and many realize that it is essential to choose the right projects to invest on.

Among the essential criteria to study before investing in an ICO, the following are the most important:

  • In-depth study of the project's Whitepaper in order to have a clear idea of ​​the mission and vision of the project as well as the detailed development plan. The Whitepaper will also provide information on the company behind the project and what the token will be used for.
  • Who are the project leaders? Knowing who the project leaders are is already helping to get a better idea of ​​their chances of success. There is no successful company without a bright and visionary CEO. If the project leader is an illustrious stranger with no vision, the project is unlikely to be viable.
  • Which team will work on the technical development of the project? As promising as it is, a project requires a strong team to develop properly. It is therefore necessary to worry about this point before embarking on an ICO project.
  • At what stage of development is the project? Are we at the simple stage of the idea or is your already MVP (Minimum Viable Product) running? The answer to this question is essential.
  • Go check that the ICO is legal by looking for serious sites listing the main current and future ICOs.

Once these points are checked, the risk of falling on a scam is greatly reduced. Which is already a good point. It must not be forgotten that even if all these points are validated, investing in an ICO naturally entails risks. We must therefore be careful!