Topic: How to identify a good blockchain project? - page 2. (Read 799 times)
It is pretty complicated topic and i don’t know how one can get a clear answer.
I think that good projects have high ratings on expert sites, and also have promising partners (but not all)
I think your advice is very good. Thanks for sharing it. Good projects would have high ratings on expert sites and promising partners. But naturally, not in every case.
I think that the main mark of the good project is achived soft cap
or hardcap.
or hardcap.
There are many projects and it is going to help you understand that well.
Good blockchain projects are very rare, and finding blockchain projects is also very difficult, but I have some methods here, read the project white papers, and see if there are many followers of the project!
Nice comments above.
I stalk the whole team of the project
I stalk every member of the team. If they work well I can trust them. Otherwise, if I see them lazy I dont trust the project.
I stalk the whole team of the project
I stalk every member of the team. If they work well I can trust them. Otherwise, if I see them lazy I dont trust the project.
Even I want to know how exactly can one do that and it should be interesting.
Have seen a lot of projects with higher ratings that eventually failed, top among them is the sincerity of the developer and support from the community, Most developers equally see this as a means to make quick bucks hence they dump once they have hit the jackpot and leave the crumbs for their unsuspecting victims and move to the next
For newbies, what sources should I look for? I want to know if the project is good or not? Where will I start?
my route is
1. whitepaper
2. roadmap
3. team qualification and effort
1. whitepaper
2. roadmap
3. team qualification and effort
A good project may have more controversy since their technology or idea may be more advanced sometimes that need more further explanation to let people to trust. Although judge by time and effort may sometimes be subjective but it is also one of the criteria to let me willing to trust this project
So, guys, which are the highest rewards you got from the good blockchain projects?) It is nice to get familiar with the team, but how do you personally predict the growth of the currency?
Hi. What do you think about projects on Bountyhunters.io and Bountyhive.ru? How much money I can get from them by social media compaign?
To choose a good ICO project we need to find out in depth about that digital coin
For example, you can visit coinmarketcap.com to find out, then you view its website to know about the value of a coin. The project needs to have a clear blockchain, with cold storage as possible.
For example, you can visit coinmarketcap.com to find out, then you view its website to know about the value of a coin. The project needs to have a clear blockchain, with cold storage as possible.
Manything can be considering in a good project, such as:
- their whitepaper, clear and detail whitepaper.
- their website, having profesional website.
- their vision and mission or roadmap, make sure they have short term target and long term target.
- their team, don't trust an inexperienced team. make sure their have well known reputation and capable doing their project.
- the coin use. If their is no function behind the coin, there really is no need for it. make sure many will be interested about their project later.
- their community, their support and everything behind the frontpage. how dev keep comunicated with their community and being transparent with them.
- their ability to enter in a good exchange list and when they will enter the exchange.
- etc
- their whitepaper, clear and detail whitepaper.
- their website, having profesional website.
- their vision and mission or roadmap, make sure they have short term target and long term target.
- their team, don't trust an inexperienced team. make sure their have well known reputation and capable doing their project.
- the coin use. If their is no function behind the coin, there really is no need for it. make sure many will be interested about their project later.
- their community, their support and everything behind the frontpage. how dev keep comunicated with their community and being transparent with them.
- their ability to enter in a good exchange list and when they will enter the exchange.
- etc
I can add a few elements such as looking at the token sale process, the transparency that the project brings. You also need to determine what the success rate of the project is.
I'd say the whitepaper, their product, their team/advisers, their social media activities like views, page likes/followers.
As said in the topic, how do you guys identify a good blockchain project or a bad one? There are so many projects being talked online...So confusing
Me first, I would check:
1. team background
2. website
3. whitepaper
4. quality of community
What about you?
Me first, I would check:
1. team background
2. website
3. whitepaper
4. quality of community
What about you?
Very solid qualifiers. I would also add a few things like, size/strength of market the project is intended for and who/what their competition will be.
As said in the topic, how do you guys identify a good blockchain project or a bad one? There are so many projects being talked online...So confusing
Me first, I would check:
1. team background
2. website
3. whitepaper
4. quality of community
What about you?
Me first, I would check:
1. team background
2. website
3. whitepaper
4. quality of community
What about you?
The most important thing is please check whether the project can be created. If it can't be to create in real world totally will fail. As I think
1.Project reality
2.team background/Advisors/Investors
3.whitepaper
4.quality of community
5.website
When choosing a blockchain project, I think the most important thing is the white paper and the quality of the community. This is the most direct way for us to judge whether the project is good or bad!
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