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What are common ICO stunts you should watch out for?

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Wuveth
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What are common ICO stunts you should watch out for?  Reply with quote  

What are common ICO stunts you should watch out for?
Post Wed Jun 26, 2019 6:04 pm
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GeorgeCarpenter
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Too many to list, but here are the basic economy ones:

Dedicating only a small % of the tokens to the token sale (anything below 30% is really a red flag and I normally don’t consider anything below 60%)
The target of the company is to “capture 10% of a 60 bn industry in 10 years”
Assuming only the best-case development scenario and not the alternatives
No adequate vesting periods / release schedule for the tokens for advisors / founders / team
No financial modelling is done what-so-ever for the token. It is clear that the crypto space is very new and proven models don’t exist yet, but this does not mean that there should be absolutely no thought or theoretical foundation for the token economy.
Any statements of the kind - “we will figure it out as we go” or “the token will 100x in value because look at those other tokens”. For this matter, any statement that the token will 100x in value is also a red flag.

Hello, world!
Post Wed Jun 26, 2019 6:42 pm
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Tresdin
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This list can be very big. For me the math behind (consensus model) is quite important. Also you should check Linked profile, Website, ICO Rating https://www.crypto-rating.com/ico-rating/past/ etc.
Post Thu Jun 27, 2019 6:36 am
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