How Do I Develop a Due Diligence Process For ICO or Cryptocurrency Investing? (Beginners Welcome)
This post was originally published on my Medium blog on January 28th, 2018 and can be found here . I hope you enjoy and find this helpful! Source: BlockchainHub Looking at the history of Initial Coin Offerings above from BlockchainHub , we can see that they have raised quite a bit of capital over time — specially in 2017. Since then, 100’s of ICO’s have popped up claiming to create innovative technology while many of them have turned out to be scams. At the same time, there are hundreds of great projects that are not scams and actually building new technology . In this example, I’ll use Blocklancer’s live ICO as an example of minimum , baseline Due Diligence for ICO investing . This piece will quickly dive into the following steps in my minimum due diligence process — the process becomes more detailed with higher amounts of capital invested: - Business Plan, White Paper and/or Strategic Outline (Industry/Market Proble...