To seamlessly determine the tradable value of any ICO token is no doubt a big part of what makes you a smart crypto investor. In the last little while, it’s no longer news that Initial Coin Offerings (ICOs) have made some impressive progress on crowdfunding, and have been used to successfully raise over a billion dollars for early-stage startups.
ICOs are an astounding innovation that has positively affected established businesses, startups, and investors as well. In fact, most startups use ICOs to bypass the regulated capital-raising process required by venture capitalists.
Although most of us find ourselves constantly seeking answers about ICOs — especially those ones with great potential, we aren’t super conscious about the importance of investigating on the tradable value of its tokens.
Meanwhile, as an investor in the pursuit of a personal pot of gold at the end of the crypto rainbow, determining the tradable value of an ICO token before investing in it should be your number one priority. Here are five unconventional factors that can enable you to determine the tradable value of any ICO token you come across.
#1 The Investors and Users Perceived Value:
Crypto investors’ and users’ perceived value of an ICO is one of the factors that strongly determine the tradable value of the ICO token. Obviously, ICOs are extremely risky and highly speculative; and if it has no intrinsic value, investors’ perceived value towards it will be affected.
“Perceived value” is simply the worth or merit an investor ascribes to an ICO.
Apparently, if investors’ perceived value towards an ICO is very high, the token’s demand will increase and consequently, the tradable value of the token will also increase. But if their perceived value towards
