On October 19th 2017, The first class of Qfellows began helping us pioneer ConcourseQ: the first community-sourced ICO due diligence platform. These community members have become experts at analyzing upcoming ICOs. 42 days later, we now have 37 In-depth ICO reviews and nearly 400 red flags identified.

For newcomers to cryptocurrency investing, analyzing upcoming ICO’s can be a nightmare, as the crypto space is flooded with new projects every day. The knowledge to critically research these projects is a necessity for every investor. When it comes to cryptocurrency, creating your own method of quality due diligence and sticking to it is paramount. No matter how good a sale or offering appears, there is always a downside. Some projects seem too good to be true, and that is why staying vigilant in research is a must. Our Qfellows currently produce that research, which allows for the new members of our community to take part together in finding promising projects.

This is why our Qfellows take great pride in the content they provide. Not only does ConcourseQ allow them to conduct great research themselves, the Qfellows can help newcomers and veterans alike with avoiding shady token sales. The reviews they undertake also shows readers that every Qfellow has his or her personal style to due diligence methods. We recently asked the Qfellows a few questions about this, and here are their responses:

Q: What is the most important red flag to look for when conducting due diligence?

From Bradley2026’s profile on ConcourseQ

A: “Biggest red flag for me is a project that exists only as an idea with a poorly designed business plan. Execution is more important than being first in my opinion, i.e. Friendster vs Facebook or Altavista vs Google.” -Bradley2026

Q: In your opinion, what has been the most responsible and diligent ICO so far?

A: “Sad to say, but with my current research I have not found an ideal governance model so far. Not to say they don’t exist in the current ICO space, but ideally one wants one that focuses on independence, accountability, and structure. Personally, I like the way Dash is governed.” -Bradley2026

Q: Why do you like to share your due diligence with the community?

A: “Publishing for ConcourseQ is a lot of fun and provides a lot of experience in the world of icos and blockchain. You see the common signs of what is garbage and what can be useful. You start to pick up on market trends.” -Skadoosh1

If you are interested in a few of the most popular Qfellow reviews, check these three out:

Lots of cool information coming out soon that we are excited to share! Come join our discord group HERE and talk with us to learn more