In order to be listed on PlutusDS Co., Ltd.(“Hanbitco”),
any given project running an ICO has to pass a rigorous,
in-depth, and independent ICO evaluation.
• Listing Evaluation Factors
1. Market Competitiveness
‣ What is the project for?
‣ Is there a market for the project’s product or service?
‣ What are project’s competitors? If, so what are the strengths?
‣ Is the purpose of the project is legal and has potential to appreciate in value?
2. Quality of the Product
‣ Is there an open-source code on Github or other that can be inspected?
‣ Does it conduct any internal tests such as peer-review or unit test?
‣ Does it conduct any external tests such as a bug bounty or external code audit?
‣ Does it receive smart contract audits by reliable auditing companies?
‣ Does it have any measures to safely store ICO funding?
3. Execution of the Project
‣ The specification of the roadmap.
‣ The progress on the roadmap deadlines.
4. Security
‣ What precautionary measures did it employ for future hacking or any frauds
that could expose users?
‣ Is replay attack protection implemented for a hard fork?
5. Team Composition
‣ Professional crypto experience of shareholders, founders, advisory board
and development team.
6. Community
‣ Does it constantly update the project and provide transparent information
about the upcoming project?
‣ Does it have a wide-open supporting community and gives in-depth answers
to technology questions?
7. Funds
‣ Is the project’s budget reasonably set?
‣ Is there a financing plan for future development?
8. Market/Distribution
‣ Market capitalization.
‣ The existence of a publicly listed company.
‣ Asset distribution to various countries(i.e. geographical distribution) and among users?
9. Network Operation
‣ Does it provide any reward system that draws voluntary participation?
- Hanbitco -
Comments
0 comments
Article is closed for comments.