is, so if they’re a dedicated team that truly wants to be in this game for the long run, they’ll have nothing to hide from you. Always check for legitimacy in team members that are listed. Additionally, make sure that if a notable figure is listed as a “Project Advisor”, or even associated with the project, that they themselves have confirmed their association.
It’s easy to list huge public figures as being Project Advisors or partnered with the company when in reality they have no sort of affiliation with the project; sometimes the public figures won’t even know that they were listed on the company.
Huge names that are constantly used, yet are not always officially affiliated, include John McAfee, Vitalik Buterin, Andreas Antonopoulos, Roger Ver, etc. Always check for public statements from these figures to ensure that these people have confirmed they are apart of the project.
Ensuring legitimacy is a must in finding a good ICO to invest in. Red flags start appearing immediately when team members have no background and are somewhat secretive about their involvement. As an investor, it’s your right to feel like your money isn’t going to the right place, and in these cases, you might be right.
Look for team members with wide connections; if they left Apple as lead Software Engineer to work on this project, there’s a good reason for that. Those with extensive connections have further outreach and can more than likely bring in more capital, equaling a larger profit for you.
Look for team members with previous experience not only in the blockchain sphere but in different areas. If the token is entirely gaming based, a software engineer that has been developing games for 25 years would have a great advantage by integrating blockchain. This also shows promise for the token, as the team has over 25 years experience in this field already.