How to identify high-quality projects in the primary market?

dunfida

legendary

Activity: 3122

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Quote from: GubiMixa1292 on October 25, 2021, 06:29:30 PM

So far what I've learned, it's hard to find a really quality project. but one thing comes to mind, that's where the project is advertised. because where to market the product is very important, not only on bitcointalk but also on crypto-related websites. But choose an existing project like bitcoin or other coins that have launched their project and have a history. You can see what they have achieved so far on their website to analyze it further and decide if it is the right project for you. This is my sincere advice for you to be a wise investor.

Really hard to find due to lots of projects in the market as of this moment which means that it would really be a hit or miss but of course it would be good if you do know on how to choose or do make out your research.

Identifying might be hard but when you do have sufficient experience on this market or had actual engagement about project investing then you do have at least the idea.

Its up to your own jurisdiction whether it do passes up on your criteria or not.

GubiMixa1292

member

Activity: 139

Merit: 10

So far what I've learned, it's hard to find a really quality project. but one thing comes to mind, that's where the project is advertised. because where to market the product is very important, not only on bitcointalk but also on crypto-related websites. But choose an existing project like bitcoin or other coins that have launched their project and have a history. You can see what they have achieved so far on their website to analyze it further and decide if it is the right project for you. This is my sincere advice for you to be a wise investor.

LUCKMCFLY

legendary

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Leading Crypto Sports Betting & Casino Platform

Quote from: Wong Gendheng on September 20, 2021, 05:25:18 AM

I think to identify high-quality projects in the primary market is to combine several methods, for example is social media, and the best one in my opinion is gruo telegram. If the project is of interest to investors, of course it is easy for us to identify from the chat there, if it is only dominated by a few people, of course this is doubtful.

Yes, social networks can be an indication, but we must not forget that social networks also manipulate, one of the best ways to determine if it is a good project is by reading the whitepaper, seeing the team that makes it up and under what technology it is used. It will develop, apart from seeing in which network it is generated, many successful projects are under the BNB network, BEP20, not only because it has a low fee, but the fact that it can be integrated into an exchange like Binance gives more security for investors .

You are already looking at not only innovation and what it can offer, but the profits that can be generated over time, the sponsors you have is also another point that should be seen.

marilynmanson21

hero member

Activity: 1260

Merit: 510

It's really hard to find really quality projects. First we must look for team member information such as identification, there are several ways to be contacted such as email . LinkedIn profile ior real telegram, most projects are anonymous and sometimes become an arena of fraud for investors.
second where the project installs . because the place to market the product is very important, if they dare to advertise on crypto-related websites such as ico rating or coinmarketcap and others. because if a developer dares to advertise on the site they really want to make a big project and have the capital to start a project.

Kusman

member

Activity: 756

Merit: 17

The way to have a better chance to be able to identify qualified projects is reading the whitepaper of the project very carefully. And the team behind it of course are very important. If we see familiar faces from the successful projects before, this can help us believe in the project more. However, even these things can't be enough sometimes. Because some projects really seem like promising but after some time they turn out to be scam.

PastorNick

jr. member

Activity: 43

Merit: 35

I judge the project has several indicators

1）Are there any huge projects in the field before this

2）The activity level of the community, the content of the chat

3）Is there a maximum limit for pre-sales

4）The level of detail of the white paper

TheUltraElite

legendary

Activity: 2898

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So anyway, I applied as a merit source :)

Quote from: ?? on ??

If they have an active community and active developers that's participating in the community then it's a good indicator that they're a good team and their project might last long although that's just one part of being a good project, it has to habe a good road map too and there's utility that's going to go with their project.

This is a very tricky metric to rely on.

You see a team will always show a smiley face when visiting a social media because it is PR. Whatever is going on in the internal section is none of the public's business. In fact majority of the newly launched altcoins devs are left unpaid or paid in their own shitcoins which have no value. This runs for a while before the devs stop caring and abandon it.

Now it is very difficult to judge a project by just its team and how they are working. Everything may be good about them but internal takeover happens one fine day and the price crashes to near zero for the next few years.

Wong Gendheng

sr. member

Activity: 1428

Merit: 252

I think to identify high-quality projects in the primary market is to combine several methods, for example is social media, and the best one in my opinion is gruo telegram. If the project is of interest to investors, of course it is easy for us to identify from the chat there, if it is only dominated by a few people, of course this is doubtful.

V-t.Ester

member

Activity: 532

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Well, when you take part in any project, you never know for 100% either it is good or will scam, and you’ll just waste your time (if you take part in some campaign) and money (if you decided to invest in tokens). When you join some project it’s also essential to check Telegram group and other social networks, to look on the project, its team, white paper etc., examine info about their token on coinmarketcap. That can help in choosing project but does not guarantee the success of the project.

TheGreatPython

sr. member

Activity: 2660

Merit: 339

Quote from: irsykes on September 11, 2021, 03:31:32 PM

For me, i am not really deep into coin especially new projects, if not old big coins usually i will only do short or mid term investment.

How to identify quality project is massive issue for many in crypto market because recently we have too many scam projects which kill millions of dollar and done serious damage to this community peoples investing after taking some early steps and then suddenly feel it's already ended, or it's big mistake, so they lost funds.

In this community if you want to check then surely you need some good search and knowledge about team projects and their fundamentals because if you are able to have all data about this then surely It is going to help you and your funds which could be in good shape for your better future.

AmoreJaz

legendary

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Leading Crypto Sports Betting & Casino Platform

Quote from: ?? on ??

If they have an active community and active developers that's participating in the community then it's a good indicator that they're a good team and their project might last long although that's just one part of being a good project, it has to habe a good road map too and there's utility that's going to go with their project.

i am more on the actual application side of things of the project. honestly, it is quite difficult to identify high-quality projects at the beginning because they don't have anything to prove yet. it will come later, if in case the team will continue to develop their platform into something usable by many, not just by selected few. for me, it is their services or application that can be used by big number of population not only once, but everyday of their lives. with their use case, it can assist in the survival of the project. without it, the platform can easily fail.

cheezcarls

hero member

Activity: 2282

Merit: 659

Looking for gigs

Quote from: Phanditha Echevarria on August 13, 2021, 04:07:25 AM

How to identify high-quality projects in the primary market?
1. The team background of the project,.whether the founding team members have other technical or operational backgrounds related to the blockchain icon project. You can learn about it through official white papers, official websites, communities, and other channels.
2. The investment institution of the project is extremely important. A good project seed will attract the participation of well-known institutions in the circle.
3. The technological innovation of the project, or a simple analogy of similar application projects.

I’m sorry dude but it’s way harder right now to find a high quality project these days because the crypto market has no guarantees due to price volatility. However, one factor that I am taking a look at these days are no other than their strategic partnerships with other well-known projects. However, despite the strong partnerships, always expect the unexpected because this industry has high substantial risks.

tulpash

full member

Activity: 336

Merit: 100

See what the community has to say about the project you're considering. In community, they have profound wisdom in many aspects.
To invest in a project requires looking at the chart, looking at the roadmap, the white paper, the backing and support of the community. It is important for long-term and short-term profit goals that you anticipate market trends and the use case for the project you are working on.
There are a lot of people who got rich buying altcoins during the downtrend from 2018 to 2019. They did it because they have a good long-term vision.

irsykes

sr. member

Activity: 1479

Merit: 273

Seabet.io | Crypto-Casino

Quote from: Phanditha Echevarria on August 13, 2021, 04:07:25 AM

How to identify high-quality projects in the primary market?
1. The team background of the project,.whether the founding team members have other technical or operational backgrounds related to the blockchain icon project. You can learn about it through official white papers, official websites, communities, and other channels.
2. The investment institution of the project is extremely important. A good project seed will attract the participation of well-known institutions in the circle.
3. The technological innovation of the project, or a simple analogy of similar application projects.

If primary market means big markets, i think it can be considered as good project. Good not means high quality btw. Because usually some exchanges already have requirements for a project to listed in their sites although sometimes still need voting about it. For me, i am not really deep into coin especially new projects, if not old big coins usually i will only do short or mid term investment.

verita1

member

Activity: 1358

Merit: 81

Perhaps most of us are practicing DYOR from so many scam projects that have been created.
The last projects that I have joined have been few.
Fortunately I have done well. Last year I invested in Avalanche thanks to another project that created a rewards program.

https://www.avax.network

Here is the coin of the Avalanche network, the AVAX listed on Coingecko.
Even the price is low if you want to invest, as always DYOR and good luck.

https://www.coingecko.com/en/coins/avalanche

The project I am referring to is DaoMaker helps startups grow by reducing Capital risk. The team does all the research work for the new Startups and creates alliances with them to promote their launch.

https://daomaker.com

ivankoh

full member

Activity: 1428

Merit: 120

Sugars.zone | DatingFi - Earn for Posting

Quote from: Phanditha Echevarria on August 13, 2021, 04:07:25 AM

How to identify high-quality projects in the primary market?
1. The team background of the project,.whether the founding team members have other technical or operational backgrounds related to the blockchain icon project. You can learn about it through official white papers, official websites, communities, and other channels.
2. The investment institution of the project is extremely important. A good project seed will attract the participation of well-known institutions in the circle.
3. The technological innovation of the project, or a simple analogy of similar application projects.

It is good to rely on these characteristics and follow a disciplined DYOR to find a high quality gem. Some new seeds are regularly fomo by the community so it is easy to make mistakes when choosing. Also, not many new investors can look at WP and understand it fully. Some of the major partners are often uploaded with a lot of fakes. Therefore, homework should be done rigorously with recognizable attention

isabellel2

jr. member

Activity: 187

Merit: 1

www.cd3d.app

I've been on a lot of projects but I can't be sure if what you're listing is totally worthy of a big project or a quality project, because you're entering this market. . Now that's possible, it's risky and it's like gambling with only a 50% chance of winning and any new project you join could fall prey to them. So the best advice to invest in long-term and quality projects is particularly recognized and popular.

teosanru

hero member

Activity: 2114

Merit: 619

Quote from: Mahanton on August 31, 2021, 05:56:33 PM

Quote from: teosanru on August 29, 2021, 12:52:46 PM

Quote from: Phanditha Echevarria on August 13, 2021, 04:07:25 AM

How to identify high-quality projects in the primary market?
1. The team background of the project,.whether the founding team members have other technical or operational backgrounds related to the blockchain icon project. You can learn about it through official white papers, official websites, communities, and other channels.
2. The investment institution of the project is extremely important. A good project seed will attract the participation of well-known institutions in the circle.
3. The technological innovation of the project, or a simple analogy of similar application projects.

Seriously? Team members and their faces are sold for just a few hundred dollars. While investment institution is highly risky because what if it's just a pump and dump party which sells the investment immediately after it gets listed. Which means your token will be more or less abandoned in front of manmonth supply in the market. Yes technological innovation is one thing that could be considered as highly important in any project but more than the utility which it serves with that technological innovation is the primary thing to see in any project.

One of the things i do consider out specially if a project is still on funding state then i do always look up if funds were locked before it would be release or can be used by the devs or owners on which
you can really say that there would be no possible rug pull that would happen in next days or months to come. Finding or identifying high quality projects is something that you cant do
without having sufficient knowledge and experience here on this market.We do have our own criterias and considerations thats why decisions will really vary differently.

I think even after having sufficient knowledge it's a difficult task, because thinking of a great idea isn't the most difficult thing but executing is the most heft task which only a handful of projects are able to successfully do, which is what makes crypto investing using primary market really difficult. Also the biggest risk you have here is a project not getting listed or getting dumped immediately after listing, I think even if you like a project too much, a wise decision is to wait for it to get listed and then invest in it using the secondary market even if you have to pay a certain premium because this will give you a short of insurance against non-listing risk.

Aliceooo78

member

Activity: 117

Merit: 28

There is no answer to this question, just like the same thing, the answer is colorful. It is also planned to say that there is no answer to the author’s question, but one thing is certain. Success is true. If the project fails, it is a scam from the beginning. Or to explain this problem from another angle, that is, if there are more people who believe, he is the real one, and the believer leaves, this project is a scam.

Vaculin

hero member

Activity: 2940

Merit: 613

Winding down.

Quote from: swiftbits on August 29, 2021, 10:02:53 AM

Quote from: rosenbauer02 on August 23, 2021, 12:11:15 PM

Identifying legit or real projects are very hard to do since most of the projects are scam. You would say that 99% of thise projects are scam and only 1% are legit. Sadly, some of those project are not scam but failed to survive that long.

That's unfortunate. It's easier to create crypto projects now than when ICOs are thriving; I see big whales teaming up for a project, but planning to go for a safe exit once the project reached its expected success. On the brighter side, most users considering weaker projects for short-term investing, projects with longevity potential are easier to identify once you see their operation. Basing on the original thread is a good starting ground to identify them.

More people become greedy as it was easy for them to create worthless projects, that is the truth here. That is very important why we should be more resourceful when it comes to investing and we have to carefully analyze the project, that certainly takes time and we need to do it due to a huge number of scam projects exists, the more we spend time doing this.
That is definitely hard to find High_Quality projects because some it looks promising but in the end, just like you've said, they'll do an exit scam.

Topic: How to identify high-quality projects in the primary market? (Read 745 times)