In the fast-paced world of cryptocurrency, investors seek clarity and confidence before diving into numerous crypto projects. This is where ICO-Check shines. As a community-driven website, ICO-Check allows users to conduct thorough due diligence on new initiatives in the crypto landscape. In this guide, we’ll explore how to request background checks for crypto projects and add new checked projects.
Requesting a New Crypto Project Background Check
Curious about a crypto project? You can initiate a background check using the following steps:
- Create a new issue titled company-name background check.
- In the issue details, provide the URL to the crypto project’s website.
Adding New Checked Crypto Projects
Here’s a structured approach to adding a new project after checking its background:
- Check for an existing issue requesting a background check for the crypto project. If there isn’t one, create a new issue.
- Fill out the information from the template.
- Gather essential information, including:
- Company registration details.
- Intellectual property information.
- Vesting schedule for team and advisors tokens.
- Deployment and audit status of the smart contract.
- Links to the GitHub repo and access to a working product.
- Third-party KYC verification practices.
Additional Questions to Consider
When assessing a new crypto project, consider these crucial inquiries:
- Where is my money going, and what will it be used for?
- What specific rights come with my investment?
- Are the financial statements audited?
- What happens if I lose access to my digital wallet?
- What legal protections exist in cases of fraud or downturn?
Changing Data in a Checked Crypto Project
If you need to update information on a project already assessed, follow these steps:
- Locate the issue where the crypto project was initially added.
- Request to reopen the issue to modify relevant fields, providing explanations and links as needed.
- (Optional) Change the
_dataicos.yml
file and create a pull request.
Troubleshooting Tips
If you encounter any issues while using ICO-Check, consider these troubleshooting steps:
- Ensure that you have access to the required permissions to create or modify issues.
- Double-check the URLs provided for accuracy.
- If problems persist, reach out to the ICO-Check community for support.
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