Da_Mane_Man wrote:IAmTheBest wrote:I'm so tempted to sign up for this ICO
https://stockchainglobal.com/token-pre-sale/This thing has massive potential imo, as it seamlessly integrates cryptocurrency, stock markets, bonds, etc with no middle man. It would be groundbreaking in terms of changing the game.
With that team composition, minimum buy-in, and road map, you know they arent fuqing around. Their relative lack of ICO bonus is a possible indicator as to how confident and serious they are about this project. White paper is legit AF too.
I just dont want to pull from my other positions to generate the 5 eth minimum buy in...especially since there will be an open door crowdfund later on.
what to do
Ok so how dafuq do I navigate ICO's? Most of them don't allow US citizens to participate. I know before you could just click that you weren't a citizen, but now they actually require ID and sh*t. So how exactly do I participate?
My browser is FULL of open tabs for ICO's and other coins to invest in once my funds transfer over, but I NEED to narrow it down to a handful. If getting in to ICO's isn't a real option, that would let me close half of these tabs lol.
It depends on the ICO, because each ICO has a specific way of signing up and entering, and if you don't follow that methodology, you risk losing your investment into oblivion.
Usually on the project's site there will be an "ICO" or "Buy/Pre-sale Tokens" hyperlink or something of that sort. Might even say "Whitelist"
Click on those and follow the directions.
But you're right that there are many that do not allow US citizens. If that's the case you either let it pass or you can attempt to get around it with various methodology like VPN, buying some foreign account, etc lol. I don't know much about that since I wouldnt even think of trying it because I don't want to **** around and get nailed for fraud down the line and lose everything...many americans do it apparently but I dont want to take that risk lol.
Other ICOs are willing to jump through the US Government's hoops in order to allow American investors to enter. In that case it usually does involve photo ID and whatnot...there is usually a process invovled. After you give the project all the information they need, they email you telling you whether or not you are cleared for their ICO, aka put on their "whitelist"
Basically it's easy af for americans to get into some, while for others americans officially barred from entering (although there are methods like ive stated - better off asking someone with experience with that if you even want to think about it. it's not something I'd be willing to risk tho)
If you have confusion about a certain ICO then you are best off visiting their reddit or even emailing them directly asking them.
If you're new to this i suggest you do a lot of research, including indicators of scam and red flags. Many ICOs are for halfassed projects that will flop or straight up scams. If you do your due diligence you should be good.
Maybe someone who has done a good number of ICOs can give you better advice.
