[riyasteve]

ICO’S (Initial Coin Offerings) have acquired a huge craze among the growing cryptocurrency community. It is a cost-effective capital raising method where blockchain technology will be used to power a product or a service. A specific amount of funds will be raised and fiat currency or cryptocurrency will be used to pay for the new tokens by the purchasers who are investing in ICO.

[b]Some Areas to Evaluate to Avoid Becoming a Victim of a Scam or a Failed Project Before Undertaking Investment in the Initial Coin Offerings Are[/b]

• Analyze the background of the team members
  
  
• Understand the functionality of the token used in the project
  
  
• Look at the roadmap of the project
  
  
• Check out the quality of the code
  
  
• Observe the behavior of the community supporting the project
  
  
• Verify their reputation in the industry
  
  
• Analyze if all legal norms have been satisfied
  
  
• The protection offered in case of any threats
  
  
• Verify if they are following KYC guidelines
  
  
• Read their published whitepaper thoroughly
  

Read more at: https://www.blockchainappfactory.com/blog/factors-to-consider-before-deciding-to-invest-in-an-ico/