How to choose the right ICO?

elandicaprio
2022-10-26 11:51:13

There are lots of projects coming to the market almost every day, and it is very difficult to follow and examine for the normal user. Before investing, you should definitely ask yourself why I'm investing in this project, not others. What kind of changes will occur in the real world. What are the targets and objectives.Think about how realistic and feasable their goals are. Another important issue what is the coin distribution to its own team, and you have a reason to suspect that if they divide fifty percent and over, a good project should allocate most of the distribution for roadmap, because it will need resources in the future.

Who works in the project? When we go to the website and look at it, make sure that all responsible people are connected to a Linkedin link along with their first name, last name and photos. It is helpful to identify these people as real persons and it may be a good sign that the company is not afraid of being contacted. In some scam projects can be used pictures of someone else If a Avatar is being used instead of a photo, stay away from that project. Most likely the names they wrote are not real people.

Remember, there are now thousands of ICO projects, and most of them are trying to steal our money. Always have reason to suspect. You have accumulated money for months and years by adding your night to the day, and unfortunately someone covets it. Learn to protect yourself. If the project promises to make a huge profit in the short term, it would indicate that it is not a serious company. I am talking about 'the to the moon' concept. . If something seems like a scam, it probably is. Trust your senses. Finally, let's end up with the general rules everyone must know. Invest only what you can afford to loose this is the place where you can reset your money overnight, remember that. The second important rule always do your own research. Don't settle for what others say, remember it's your money and if you lose, you're gonna be the one to worry about.

tylerwinklevoss
2022-10-26 11:57:29

To choose a good ICO, check their whitepaper if it is well-written, fluent and can be understood by those who don't have PhDs.
Also, check if the team has technical experience relevant to cryptocurrency, blockchain, decentralization.
One example of a good ICO is VLUX. It is an integrated P2P energy trading solution, which combines cutting-edge artificial intelligence technology with blockchain.