Investment guide for newly listed coins and upcoming ICO's
What is an ICO?
An initial coin offering (ICO) is a type of capital-raising activity in the cryptocurrency and blockchain environment. An ICO can be viewed as an initial public offering (IPO) that uses cryptocurrencies. However, it is not the most precise comparison, as there are some crucial differences between the two fundraising activities. Startups primarily use an ICO is to raise capital.
Most important aspects to take into consideration when investing in an ICO
Tokenomics (Token Economics): Tokenomics is the study of how cryptocurrencies work within the broader ecosystem. This includes such things like token distribution as well as how they can be used to incentivize positive behavior in the network.
Current problem that the company is solving and how is this problem being solved.
Project roadmap
Platform where the ICO will be hosted
Pre-ICO funding price & ICO list price
What will be the lock-in period of coins when issued to pre-ICO investors and ICO participants?
Type of token: Tokens that reside on blockchains include reward tokens, currency tokens, utility tokens, security tokens, and asset tokens.
Staking rewards offered by the company for investors holding coins
Types of services provided by the company
Proposed ICO team
Coin partners & seed investors
Blockchains supported
Token release schedule
News articles
Public acceptance & feedback
Support from public figures and industry experts
Planning to invest in a newly listed coin?
Names of exchanges that have listed the token
Countries where the coin is currently trading
Daily trading volume of the coin - can be obtained via www.coinmarketcap.com
Where can an investor find out about upcoming ICO's
www.icodrops.com - Active, Upcoming, and Ended ICO's
Interest types: Rated & non-rated
Rated projects include the following.
Very high: As per the "icodrops.com" team, this project has great potential and checks off all boxes in terms of legitimacy and authenticity
High: This is a good project and checks off all the requirements to classify as a good ICO
Watchlist: The project looks alright and can be kept on a watch list and purchased upon further research
