ICOs do seem to be on the decline , according to every notable measure. However, this is actually a good thing for the future of cryptocurrencies. Fewer ICOs mean the quality of ICOs is going to increase, the number of cases of fraud will decrease, and original, transformative ideas will become more common.
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Read moreWhat to look for before investing in an ICO?
So, the very first thing you should look out for is the team and people behind a particular ICO project . The strength and quality of the team will tell a lot about the project itself. Whether the team members have any experience in the field of cryptocurrency or any other related field in that matter.
Read moreAre crypto ICO worth it?
The ICO cryptos provide a good option for investors because they are offered at low prices to draw interest before they can start to be traded on the markets. Therefore, most of the tokens are in high demand when they hit the market and early investors can sell them at a profit.
Read moreHow do I know my first coin offering?
An initial coin offering (ICO) is the cryptocurrency industry’s equivalent to an initial public offering (IPO) . A company seeking to raise money to create a new coin, app, or service can launch an ICO as a way to raise funds.
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