I want to know how you choose projects for investment?
At the moment I'm focusing on the Near Protocol.
I bought it back in early April and don't miss the chance to mention it.
What did I focus on when choosing it for investment?
1. Team (most of the famous developers worked in google and facebook)
2. Strong community (more than 100k on Twitter and a very strong forum)
3. Own blockchain (develop their own structure with their own EVM and cross-chain)
4. Solving existing problems in cryptocurrency (high fees, transaction processing speed, scalability)
This is a very brief description. At the moment I am faced with the choice to add a few more such projects to myself. Share your knowledge.
All are excellent criteria, and currently projects can be registered in the best control entities, even in the SEC, but seeing how everything in the world is, I realize that when they want to scam you they do it so everything is in order, simply many devs leave projects with a large infrastructure to go with all the funds of the people, this is something that is happening a lot in NFT games, because many after capitalizing a lot of money do not hesitate to take everything and leave everything thrown away regardless of the huge money that some investors leave in the project.