Tuesday 31 July 2018

Investors Look out in an ICO team

Ensure that each member has enough experience to cover all the project’s needs
on their side. Be sure to employ people who have enough experiences;
developers who have an active Github account, and marketing experts who have
a great portfolio.


An example of a successful ICO with a great team is ICONOMI.
The members of the project were known for having created Cashila in 2014.
With their reputations, they were able to secure over $10m.

What Investors Look Out For In a Team

Investors are after if the management team can implement the solution.
Investors research deeply about the face of the people you have on your
management team. They want to know if you have tried businesses in the
past and what the future holds for you and your team. Don’t underestimate
these people. They always dig deeper. If you have tried businesses in the past,
was it a success? Did it fail? For what reasons? Finance? Or Could it be
management failure? Unaccountability? Fraud?

Which people make up your team?

  • Developers and Engineers: You need more than one developer. 
  • Marketing experts: Experienced marketing experts should be 
among your team to assure the visibility of the project  and attract
investors, and increase engagement
  • You need designers on your team. A real team member who knows the product, and can build an attractive product for your customers will draw the right attention to your team.
  • Active community manager influences the process of bringing the customers and investors closer to your product.



What are your Assets

An asset in simple words is anything that has value and can be
converted into monetary value. Assets can be owned by individuals,
Government, Companies, e.t.c. There are two types of assets.
They are Tangible Assets:


Tangible assets are those things that have a physical form (i.e. things
which we touch, feel and see). It can either be a Fixed Asset (such as
buildings, lands, machineries) or Current Asset (such as Cash at hand
including foreign currency, Inventories, Receivables)


Intangible Assets: Intangible Assets are non-physical things of value
which can be sold later to generate revenue. It is identifiable by being
long-term (such as Brands, Copyrights, Patents, Trademarks, Trade Secrets)
Startup assets would include cash at hand, land, buildings, patented
technology, trademarks,e.t.c.


What do we consider to be Assets in Cryptocurrencies?
Your Assets could be the cryptocurrency itself, Digital Assets, Assets
could also be Developers, Advisors, Partners, Investors, Marketers,
Your Team, e.t.c.

Digital assets are files that continue to exist as technology progresses
regardless of the device where the digital asset is stored or created.
Contents of the digital assets are stored and kept in a storage/place
called the Digital Asset Management (DAM).

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