Community support is essential in identifying the best ICO to invest in. The level of community support on a project is an excellent indicator of determining a good ICO. Having developers from different regions working together towards an improving a specific project indicates that the ICO can be good enough to invest in. Telegram chats or public slacks can be crucial in determining how an ICO has an open supporting community.
The other steps entail knowing the team supporting the ICO. Competence is critical to delivering quality services. Therefore, to find the best ICO to invest in, it will be essential to understanding the people behind the ICO. Social media is an excellent tool to understand the supporting team. It can provide comprehensive details about the ICO teams. One should be keen to identify any change of identities on different platforms. Besides, the project teams have to be displayed publicly. If an ICO lacks a development team, then it indicates a red flag.
The best ICO should never miss a working code. Therefore, search for the code before investing. In case you can’t find it, it is advisable to inquire about the support team. Review the coding to ensure that it is robust. The coding ought to be open source for any sound project. It is vital to ensure that the community has freedom of assessing the code and making any necessary changes to make it better.
The above information is essential in finding the best ICO to invest. It is an excellent guide to help in picking one ICO out of the many operating in the market and make a sound decision to invest.
References
https://coincentral.com/how-to-find-the-best-ico-to-invest-in/
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