TIPS AND TECHNIQUES | POTENTIAL PROJECTS

TIPS AND TECHNIQUES | POTENTIAL PROJECTS
21 Mar 2019 by
0 0 61

Albeit exceptionally dangerous, investing into a project right off the bat can yield productive outcomes. Similarly as with any brilliant investment, you should do the best possible research to secure your capital. The underlying coin offering (ICO) showcase is unregulated, in this way, there is little response for you in the event that you get misled. That being stated, ICOs are winding up progressively mainstream consistently. There have just been more than 3000 ICOs to date as indicated by an investigation directed by Reuters.

 

Picking a triumphant ICO can be a troublesome assignment. Indeed, even a clairvoyant can't ensure that you will win out over the competition. While nobody knows the crypto future, there are still a few stages you can take to locate the best ICO to put resources into.

 

Verify Projects on Major Platforms

Your search for the best ICO should start with researching what is being discussed on popular crypto forums, such as BitcoinTalk. Here you can get a wide array of advice, as well as some insight into what projects people are excited about. BitcoinTalk marks all of their ICO topics with [ANN].

The Best ICOs Will Have Solid Development Teams

Always research the development team behind any ICO in question. These are the people who are going to be receiving your investment. Never invest in an ICO when their development team lacks the experience to accomplish the tasks required. Start with the team’s social media accounts. Social Media research can reveal a lot about a project’s team.

 

Do the team members interact with other professionals in the same field? This can help you determine an individual’s influence in the community. If the person in question is having technical discussions with other well-known crypto developers, this is a good sign that they are experienced in the space. Be sure to look for any red flags, such as newly created social media accounts or varying identities between platforms.

For example as «Exclusiveplatform» providing and much more. As Exclusiveplatform providing complete team and complete backgroud of their team members.

 

Community Support

Community reaction and community interested. That how much people they have on their social media platform and their reaction. As we have already mentioned on project «Exclusiveplatform» As they are now doing these days. People are taking interest and project is demanded in a market. 

So there is some techniques to find best projects.

1- Telegram members and their reactions inside group.

2- Facebook/Twitter Likes, shares/retweets and check them whether the project having the same kind of potenial on the posts/tweets as well or not.

3- Discuss the project information from their members how is there reaction toward the project.

 

Examine the White Paper

Overview – This is where you find out about the market problems that the project intends to correct. This section consists of statistics, studies, and graphs supporting the reasons why the platform is essential to the market.

Technical Specs – The technical specs section of the white paper is where you can find out exactly how the platform functions. This section should include a flowchart that explains the use of the platform.

RoadMap – The roadmap tells you what the company’s implementation schedule looks like. You can learn a lot about the planned rate of development for your potential investment in this section. It is usually one page in length.

Token Information – The token information section tells you what kind of token the platform utilizes. It should tell you if the token functions on a unique blockchain, or if it piggybacks off of another blockchain. ERC-20 tokens are the most common type of ICO token in existence today. These tokens function on the Ethereum blockchain.

Team – The team section gives you the who’s who of the project. You can see who founded and who is currently developing the project in this section. Most team sections include a picture along with a small blurb explaining the team members experience and previous accolades.

 

Research the Code

You should never invest into an ICO that has no working code in place. Contact the developers and ask them for the coding to their project. Tell them you are interested in investing in their project, and that you want to review the coding to make sure it is sound. If they reply “no problem, it’s open source” that is a good sign that they are serious about their project. You should only invest in ICOs with open-source coding because the community is free to examine and contribute to making the code more technologically sound.

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