ICO Analysis — A Complete Guide for Beginners Investing in ICOs

Are you thinking about launching the next Google? Are you interested in making more money than you can imagine? Well, you came to the right place because an ICO might be what you need but you will have to know more about what it is and what it can do.

An ICO is an ultimate way to go when it comes to making money in this modern-day economy. You can make millions of dollars in the ICO marketplace if you play your cards right. Lucky for you, we are the experts and have done a lot of ICO analysis to give you all the information that you need. ICO analysis can be quite complicated so it’s a good idea to invest wisely, and you know what? We can show you the ropes, and who knows, you might even think about creating your very own ICO.

Here are some things to know about ICO analysis:

Team

Remember that the team is one of the top criteria when it comes to analyzing ICO. You have to take a look at the team`s track record, education, and experience in the entrepreneurial field. If you have a group of inexperienced individuals with a horrendous track record, then you might want to hold off on your investment.

Market Potential and Value Proposition

You need to assess the size of the market and the power of the company to make things happen. A huge market is good, it shows that it’s thriving and more likely to succeed. A smaller market doesn’t necessarily mean that it does not have the capability to do well, but the market should not be too small because investors want to profit from it.

Uses and Funding Structure

You have to find out whether the firm has undergone previous investment phases or not. This will give you an accurate prediction of whether they will succeed or not.

Stage

You will have to take a closer look at the stage of the firm because this will immediately put you on the safe side. The firm should be at the last stage of creation for you to say “yes” to the investment. When the firm is in the final stage, it means that they have everything implemented and are ready to go. The firm is confident and more knowledgeable about their business so they are more likely to succeed. Firms that are in the initial stage of development are very risky. They are less experienced about the unknown and have a greater chance of falling apart. You wouldn’t want to put all your eggs in the basket of unknown.

Community

The crypto community is always on the lookout for something new, and the gossip is always there. Check out some forums and discussions about the crypto world to learn more about recent IPOs.

Whitepaper Evaluation

The whitepaper is the document that you can use to find out what the strategy of the company is and what they will do to get the job done. If the whitepaper does not show any favorable results, then it’s time to run the other way.

Token

These are some of the types of tokens that you can get during an ICO:

● Blockchain tokens

● DAO tokens

● DApp tokens

Legal Risk

You need to find out whether there are laws, regulations, or risks when you invest in the company. This is why it’s important to consult with a lawyer to help you look over all the risk and regulations.

Fraud

Fraud and scams happen all the time. It’s important to make sure that the company you are interested in is not a part of that. If the business sounds too good to be true, it’s best to have a closer look to see what is going on. For example, a new cryptocurrency token called Pincoin operated in Vietnam have promised a 48 percent return in profit. This resulted in thousands of investors throwing in their cash. By April, Pincoin’s operating team disappeared with over $660 million of cash from investors. It was obvious that the 48 percent in return was too good to be true. Anything that sounds like it could make you an overnight millionaire is something that you should be cautious of.

With the advancement of technology, creativity, and new ideas, people are looking for the next best thing to invest in. We want to profit and be a part of a new creation. The challenging part is predicting whether an ICO is worth investing or not. With this information, you should have a general idea of what to look for. If you are still curious, it’s best to visit some forums and find out whether the company can promise what they offer. After all, ICO analysis is practically the same as investing in stock, but a little more interesting.