Another up and coming ICO is one that goes by the name, Valorem. Now Valorem basically wants to create a reserve lending platform for multi-party transactions. When one researches regarding their goals and surfs their website one does not really get answers to any sort of FAQs such as what this ICO basically wants to do. It wants to do everything. It goes on about its peer to peer network and it wanting to create the value for you, the user and as far as I am concerned it is all a bunch of uselessness. This is just something you as an investor would want to stay away from. If they can’t tell you what they want to do in one sentence then it is not for you.
When it comes to the team they were lacking in many respects, although they do have experience. However, they are not all stars and thus deserve 40 % on that part. Moreover, no one is really talking about them so there is no creation of hype as such. Their token economics were also very bad. This ICO has been going on for a few months now and there is no unmet demand. That coupled with the amount of bonuses that they are releasing over the time tells me that there is just too many red flags for me to get involved in.
It is advisable for one to conduct their own research regarding ICOs and their limitations or advantages as the internet is not a good financial adviser when it comes to how one should handle their money, however, a quick overview of the way an ICO works, its token economics and its white papers is a good dive into what the ICO stands for.
Keeping all that in mind, it is essentially up to one’s own self whether they choose to invest in an ICO or not. Research, analyse and approach with caution. The world of ICOs is your own playing field and whatever way you choose to venture out in it, make sure you are fully equipped and motivated before doing so.