My thoughts on ICO's

in #new7 years ago

My rules for researching new ICO's
Rule #1 Crypto has No Rules!!!!

Rule #2.    Rsearch the whitepaper to see if it's original
    Use free plagerizer sites to check if they stole the content. 
    example site http://plagiarisma.net/ 

Rule #3.    Research the Domain
    Use domain site checkers    example site  http://whois.domaintools.com/
    Check when they purchased the domain
    Check how long (term) they purchased the domain  
    Check the name registered to domain

Rule #4 Research Imiages of team when possible.
     A reverse image search engine. Search by image: Give it an image and it will tell you where the image appears on the web.
    Check to see if they used a stock image 
    Check to see if it is a stolen image from other sites
    Example site  https://tineye.com/

This is just the first part of my research and if they can't pass this test, i pass on the ICO.......
If they pass it i go on to do further research. and hopfully i can invest in a real ICO.

I just thought i'd share some of they ways i try and minimize my risk when picking an ICO.
I hope that it can help people and we all come out smarter investors..


Nui