Topic: how to find a promising projects? - page 3. (Read 397 times)

Just don't overcomplicate your research, OP. Check each dev's LinkedIn profile and also their Github repos. If the project repo doesn't seem to have a lot of activity nor update, I would call that a red flag as a poor maintenance or debugging of whatever project is being developed.
Either way it is still going to depend if those people would really make your money worth or just do an exit scam. These tips are just minimizing the risk of losing your money, but not entirely eliminating it.

There are reasons why BTC ETH NEO, XRP became the most ranking coins in crypto space I suggest you should look into that first and find your new BTC ETH and others in new altcoins

I guess there is no secret here, you really need to do a lot of work in yours side to determine which one is promising and which one is scam.

For scam it is hard to determine in the beginning, but you can check the people behind, if you have real names or just anonymous. Chances are those hiding their real life identify are most likely to do a rug pull in my experience.

This is very easy if anyone wants to the search a promising project so i simply said that anyone search a project so they read there Roadmap there members more precious program search so you easily said that person which type projects ongoing so first gain knowledge and full clearly so investment in the this coin.

Do research mate, look into projects utilities, partnerships and the team past works, better if they are blockchain experts from scratch, all in all invest only what you can afford to lose

Easiest way maybe, seeing how people react about the project. Usually new project is posted in this forum and usually who already in long time of crypto warn others if the project look suspicious. About promising, almost all project looks promising because they can write anything without limit and hide behind disclaimer.

One thing I can say about cryptocurrency is that the sooner you do, the better.  Private investors benefit the most from new projects in cryptocurrency because they can buy tokens at the lowest prices of all.  But every day hundreds of fake projects are coming into the market which runs away with the money of the investors.  So before investing in a new project, it is important to verify it well.  I will mention some of the points which, if verified, can easily distinguish good projects from scam projects. 

1. The most important part of a project is the project team.  The first thing to look for in a new project is who the team members are and their past information such as what they have done, what their success is, whether there are any previous fraud allegations against them.  An experienced team can make a project a success. 

2. Is this project solving any current problem?  And what distinguishes this project from other projects. 

3. A serious project must inform its community through social media for project development or any change.  Check how active they are through social media. 

4. What kind of utility are they offering for their tokens?  And whether the token's utility and circulation supply are up to date. 

A promising project must have these qualities.

There is no platforms that will tell you that a project is promising, even coinmarketcap and coingecko only lead people to the right links for coins and tokens and shows full information about every coins and tokens, do your own research and take your risks, you are on your own

I just wanna add more.
If you want normal answer, you can get the tips from others.
 
At first your question is hard if you want something that must be come true. Everything has risk to be able to get a reward.
Second if you want low risk, why you can't stay on highcap cryptocurrency just like bitcoin, ethereum, BNB, solana and others? then hold and forget
Third you have to gain your own experience in every detail and learn from your own mistake. it's all just an opinion and suggestions about " HOW ".

In the end no one is wrong until the future makes them wrong

The best thing you can do is to do research when you're about to invest into a project. Yourself is going to be your own asset in finding out if a project is legit or not.
Having a research will keep you safe from those possible scam projects. Always check the people behind the project, the devs. It takes time and you need to allocate your time for making your research but it's worth it when you're done with it.

You need to do a lot of research. And decide what points you are looking for in project. For me it is mainly real and known team with experience in real business, useful partnerships (1 useful partnership > 100 logos on website). I am also very keen on passive income as it give a stronger incentive to hold the token - but inflation is one thing to watch out for - so profit share passive income is better than some project giving out 100s or new tokens each day...

My top 3 Altcoins in my portfolio for 2022 right now are:

$UBT & http://Baseledger.net
Baseline Protocol is set to go mainstream in 2022, their mainnet launches this quarter along with staking and Nodes, also new exchange rumours and so on. Consensys and SAP amongst others are involved. A lot of info will drop before end of Jan about launch etc. Founding council members can be seen on Baseledger.Foundation and more will be joining.
NOTE: the staking rewards are a revenue share from network fees - non inflationary and all 150m tokens are in circulation already!

$BLXM http://Bloxmove.com
Reinventing mobility, links to Daimler (think mercedes). Also has an LP mining programme, and single asset staking in Feb. Very strong team backing it and small mcap.

$MOVE http://viaMover.com
Supercharged DeFi Savings 100%+ APY + crypto debit card. Tiny market cap and rumours of big partnership with OlympusDao on the way. Strong pair of founders and a growing team and ecosystem. NFTs, web wallet, mobile wallet and so on. Fiat on and off ramps via IBAN.

DYOR and good luck!

hello everyone
my question is how to find a promising project? how to check the project is scam or real? if u have experience  can u share this experience in here
thanks