rayjoderson
Given the huge spurt in the popularity of ICOs, it was only a matter of time before the internet culture jumped onto the bandwagon to capitalize on its immense potential. The number of ICO websites that promise authentic information on ICOs with the most potential for big wins exist in every nook and cranny of cyberspace. But the same kind of scam, hype, and mass hysteria that has come to be associated with get-rich-schemes has left many an ICO investor burned in its wake. Just how do you decide which of the many websites out there are legitimate and genuinely scam free? Here are a few tips:
Look for The Signs
Review the website to make sure it has the usually standardized checklist of must-have menu items – does it have a Home or About page which transparently details the premise of the website and how it arrives at analysis and ratings? How well are the actual ICO lists presented and how much information is available at your fingertips without you having to source additional material from other websites? Serious enthusiasts welcome proactive reporting together with updated information and tracking features when the terms change. As part of your research, review online search engines to see if the website has been flagged as a scam site. Also remember, no authentic ICO listing site will ask you for payment at any time.
How accessible are the team members behind the website to the community? Do they have a functional email address? Do they have links to social media pages that are current and have actual ongoing activity from both sides? A presence on mobile-friendly channels such as telegram is a definite plus. Avoid any website with tall claims about the performance of an ICO without any details as well as any website that guarantees assured returns. A word about website addresses – any ICO listing website that expects to be taken seriously will have a valid dotcom address along with a professional sounding website domain name.
Analyse This
The better the website, the more detailed the level of availability in terms of information on individual ICOs. Granted, the amount of information that's available on any individual ICO is dependent on the team behind it, but it is generally accepted that a solid ICO website will have the following captured on the site as a bare minimum:
• Basic information on the ICO ( how, what, why)
• Link to the ICO website
• Link to the ICO's Whitepaper
• Timers on the start and end dates of pre-sale and crowd sale activity as well as the actual release date
Additional information that is hard to find, over and above this, is a definite plus including such items as supply, pricing, tiers, and caps,(all of which together with so much more, are available in a customizable format for viewing on Ico-check, for instance). Legitimate websites only feature legitimate ICOs because they would have already done the necessary background checks. Tracking the website performance over a period of time is necessary to authenticate its' veracity.
The Importance of Being Earnest
Whilst websites are major sources of information for investors, one cannot stress enough the importance of independent evaluation. Always do your own homework by verifying the website's links and resources, and stacking them up against other sites as well as independent community forums to really get to grips about how factual and reliable the individual site really is.
