Imagine this: You have a little spare money in your account and you decide to take a shot at investing $1000 in a new fangled thing called “ICOs“.
You pretty much forget about it for a while, but when you check next, you calculate your return on investment to be well over double what you initially put in. Skip forward two years. Your initial $1000 has turned into almost a quarter of a million dollars. You rub your eyes, triple check your calculations, and yes, it’s correct!
That’s exactly what you would be experiencing now had you invested $1000 when the Stratis ICO launched back in June 2016.
Here are the details of that ICO, along with another 10 great initial coin offering investments you could have made over the last two years, followed by a brief look at doing your due diligence before investing.
If the idea of these new ICO investment opportunities sounds too good to be true, well… You just might be right in 99% of cases. But if you do your homework and invest in promising ICOs, and maybe have a little bit of luck. Maybe you can get your foot in the door on the next Stratis.
As with anything, simply looking at the infographic above and concluding that you can easily make a lot of money is unrealistic. It has been estimated in one study by Bloomberg.com that over 80% of ICOs were scams during 2017, so it is something to bear in mind before you part with your cash in exchange for these tokens.
A couple of things that might help you decide on your investment:
- Do they have a solid, experienced management team with a past track record for successful endeavors?
- Does the product create solutions that people need?
- Are they being backed by large companies? (Stratis had the backing of Microsoft.)
- Do the developers have prior experience working in the industry?
The points above are just the tip of the iceberg when it comes to your due diligence of course. With that in mind, here are a few more pointers that will help with a starting point for your research:
- Is the ICO well presented?
- Do the coin and the team have goals of real-world value?
- Is there a demand for the service supplied?
- Is the actual website well presented, or does it look like an amateur job?
- Are the managers present on social media? If so, do they have experience, and does it match the claims at the website?
- Is the amount of tokens in the sweet spot recommended in the video? (Between 30 million and 200 million.)
- How will the tokens be distributed?
- Do they have (ideally third-party) escrow?
- Are the tokens between 10c and $1.50?
- Are the bonuses reasonable, or do they incentivize a money grab?
- Is there a well-run bounty system in place?
- Do they have a roadmap that shows they are well prepared and have clear objectives?
- Is there an active community of quality commenters, or is it either filled with newbie posts or hardly any posts at all?
Want to find out more about the latest ICOs that are available to invest in? Here are a couple of places that list the token crowdsales which are starting soon: