I've been doing some research on which ICO is good vs what are some bad ones, here's what I've come up with in bullet points for a easier read
- Team
○ Open identities
§ Must show their faces on social media
§ Videos talking about their coin and their vision
§ Interviews with well known interviewers
○ Working experiences
- Whitepaper
○ Do they offer solution to some existing problem
○ Must be detailed
§ Technical such as codes
§ How they invision it to be implemented
○ Targeting markets
- Business Idea and Roadmap
○ Economically feasible
○ Detailed economic plans and numbers
○ Research on the market
- Token characteristics
○ Working prototype
○ A lot of finished work
○ Numbers of tokens and ICO prices
○ Percent of tokens planned to be distributed to investors and kept (<30% is good)
○ Legal considerations
- Competition
○ Exisiting competitors, both blockchain or non-blockchain
○ How well would they be able to compete with existing/dominating market
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