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      "body": "[judging-ico.png](https://steemitimages.com/DQmU5LaA5k46gZ8c6ajXs4kdEQnYetUQih8cc87sRiwyAzD/judging-ico.png)\n\n## You’re thinking of investing your hard earned money. But you’re not sure how to choose right ICO, will the team actually deliver the product? Here are some pointers to look for.!\n\nSome of the projects, ideas, products or services that outperformed digital currency market are (Courtesy ICOStats):\n\n1. NXT\n2. IOTA\n3. NEO\n4. Ethereum\n\n## Choose the Right Project\nRead project’s white paper thoroughly. Ask yourself:\n\nDoes this project/idea/service need to be done on the blockchain, and does it need a new cryptocurrency for it work?\n\n### DO’s\n1. Blockchain platforms that are highly scalable, low transaction fee , backed by good team. For example, Ethereum backed by Vitalik Buterin, IOTA using tangle technology for high scalability, Cardono backed by Charles Hoskinson & uses delegated proof of stake\n2. Along with brilliant idea, a Project with good leadership & strong technology team will have good chance to succeed\nAny Use-case that strongly requires permanent, decentralised, global, trustless ledger of records to solve the problem will be a good candidate to succeed. Try to negate the idea with centralised solution, compare the value blockchain adds to the idea\n3. Projects that already have a live use case with thousands of people using the service, stand a good chance to succeed\n### Dont’s\n1. Projects created solely for the purpose of creating your own cryptocurrency are doomed to fail\n2. Recreating an existing idea on the blockchain should be revolutionary enough to convince people to change, otherwise the project will not be successful in the long run\n\n## Choose the Right Team\n\n‘C’ level executives should be an expert in blockchain technologies or expert in the relevant industry in which the blockchain technology is applied. Scientists, Phd, SMEs will add value to the project\n\n1. Ensure the management team has right mix of experience & skills to deliver what is committed in the whitepaper.\n\n2. In the project team, investigate the developers who will actually do the work. Check out their Linkedin pages and Github accounts, if they are provided. If not, a Google search can help you further. Don’t just rely on the descriptions of the team in the white paper or on the website, it can be polished to look as if the developers are more experienced than they are.\n\n3. Watch out for heavily loaded marketing & sales team. Usually product delivery will be delayed without a strong technology team\n\n## Whitepaper is just a plan & Roadmap\n“Plan is a product only when executed right” — don’t be carried away with the shiny whitepaper filled with scientific jargons. Investigate if the project delivery timeline is reasonable and achievable. Unrealistic delivery commitments usually shows lack of experience of the team\n\nIf this article was helpful or interesting please hit the clap button and feel free to share it. We’ll deliver you more information and perspectives in the weeks to come.\n\n*Disclaimer:* the author does not promote any of the services mentioned in the article as better than others. Author is sharing his/her personal opinion.Do your own research and pick wisely!",
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