Topic: WHAT DO YOU LOOK AT WHEN EVALUATING A CRYPTO PROJECT (Read 507 times)
First of all, I look at how well the site is made and study white paper. Also pay attention to how it is composed. Usually, even at these stages, you can understand that the project is not worth further attention. But then you can still read the chats in the telegram, see the team, as well as the social network of the project.
Well i basically consider the team behind the project and dive deeper looking into the suggested solutions and how achievable that is going to be. Also i love to invest into projects that have already developed some products other than those who have nothing to prove to show their dedication to their project. I believe this is necessary because of the numerous scam projects spreading in crypto.
Commonly, I will look at their progress of the selling token. So far, softcap reached becomes the best thing to follow. Besides, I will analyze their team in deep, because they will be sure, real, or fake team. It is also consider to see how the project creates their concept in order to make future investment.
For every project I analyze and that I choose to either invest in or participate in the bounty, the first thing I consider is the team.
No matter how new you might be in the crypto space, if you can be sure of the genuineness of the team, who must have knowledge on the project they are lunching and on block chain technology.
The team and advisors must have experience in their various fields, as related to block chain technology.
No matter how new you might be in the crypto space, if you can be sure of the genuineness of the team, who must have knowledge on the project they are lunching and on block chain technology.
The team and advisors must have experience in their various fields, as related to block chain technology.
There are many details to consider when choosing an investment project. The most important thing is to find out what role the currency has, that is, what the problem will solve through that project. Then we turn our attention to the project team. Be an experienced team with a lot of knowledge in the proposed field. Other details: project promotion, whitepaper, interest of other investors for this project.
That's correct always checking about the roles of the project and read about their whitepaper so it's better to know all their steps for making it successful.
There are many details to consider when choosing an investment project. The most important thing is to find out what role the currency has, that is, what the problem will solve through that project. Then we turn our attention to the project team. Be an experienced team with a lot of knowledge in the proposed field. Other details: project promotion, whitepaper, interest of other investors for this project.
I remember when I started newly, all I used to check was the whitepaper but I have discovered that even crooks can compose a very detailed and convincing whitepaper so I place more focus on the team now and their activities.
I read the whitepaper first then ask a few question about the project to the team. It's preferred if they already have a working product. They also need to be active in their social media accounts with their developments.
I'd make sure I do research on the teams first and make sure they are not fake photos ,I'd try to contact the dev if possible to hear one or two things direct from him then I will check out the withpaper ,and the max supply of the coin or token ,the ratio and the per price of the token ,but what matters the most is what the project is all about, the reason behind its creation,problem they are trying to solve
Before factoing in other things, I think going through the whitepaper is key. I always wish to confirm if there is a viable product on offer. As much as this is not the end point. It encourages me to look deeper into the project as a whole. While going through the whitepaper, I give more focus to the roadmap and the team members just to see if they have got everything figured out and if there is enough expertise to see the project through. To a lesser extent, I check out how active the project is on social media among other things.
I mainly study the development team, managers in telegram and their work. I pay attention to how well the site is made and the ratio of the number of tokens and the price for them.
Part of the things I look at when evaluating a crypto project are:
1. I look at the product or the problem identified that the project is aiming at providing solution to. How cogent is this problem identified? What is the project's lined up strategies in solving this problem?. Is the project's identified problem realizable?.
2. I look at the telegram community. How many people are there? I look at the spreadsheet of the project's bounty campaign to evaluate the ratio of the bounty hunters to those that might be probably willing to invest (investors). In a situation where bounty hunters are so much than the investors, it's a red flag.
3. I look at the team on the website. Any project that is using animated object or teddy to represent the faces of its team mates.
4. Sometimes I read white paper, but not often, and so on
1. I look at the product or the problem identified that the project is aiming at providing solution to. How cogent is this problem identified? What is the project's lined up strategies in solving this problem?. Is the project's identified problem realizable?.
2. I look at the telegram community. How many people are there? I look at the spreadsheet of the project's bounty campaign to evaluate the ratio of the bounty hunters to those that might be probably willing to invest (investors). In a situation where bounty hunters are so much than the investors, it's a red flag.
3. I look at the team on the website. Any project that is using animated object or teddy to represent the faces of its team mates.
4. Sometimes I read white paper, but not often, and so on
When I decide to invest in a project, I research my best to ensure that it has potential to get me X% return on my investment. The very first I consider about the project is its core feature. For which it is different from others coin. What is the utility case. Later, I give a research about the team. That's how I choose a good project.
I just go for good luck while selecting a project. There is some basic investigation that you can do but even that won't assure you anything. All you have to do is to trust the project and go for it.
When evaluating ensure a clear Foundation. so when finding existing factors could only conclude it will impact positive or negative. each factor of the team concept and its system, all influential. check it all is whether the initial step to be chosen well and not. When one of the steps at first certainly results so on also not so good and the scam already awaits becomes a risk.
They need to have a good idea and a proper use case and a plan how they will make it happen.
So, I am looking from the idea until the final realization if the projects has all the elements needed. (resources, team, roadmap etc).
So, I am looking from the idea until the final realization if the projects has all the elements needed. (resources, team, roadmap etc).
I think that you should pay attention to such items as: project developers (which previously did projects, if they were), White paper, what is the essence of the project, their cooperation and also see the telegram channel.
The most banal is to check out the website and white paper. If you like everything, you should also see the chat and the channel in the telegram. No harm will also communicate with the developers, ask them your questions. Then you will be able to fully understand the idea and plans of the project.
There are two criteria to which I adhere to the first one. I definitely check the team of this project and the second is also an important point, it is necessary to study the partners with whom the company works.
Fellows, I would like to ask you to describe your evaluation process of a crypto project:
What do you look at?
In what order?
When looking at some X factor, when do you judge it in a positive or a negative manner?
What a project needs to have for you to invest on it?
Tks
What do you look at?
In what order?
When looking at some X factor, when do you judge it in a positive or a negative manner?
What a project needs to have for you to invest on it?
Tks
There are a lot of pieces to it but definitely first is to understand the whitepaper and if it aligns with the true purpose of crypto. I also like to check out their community and see if the founders are involved in the conversation. Check out crunchbase and make sure they are legit and then also checking security audit updates. I've been a follower of Ampleforth for some time because they hit all these marks and just recently released their second security audit which they detailed on their blog. Pretty cool if you haven't heard of them.
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