Am actually new on bitcointalk, I want to know if there are new and promising altcoins
To be clear for you who is still a newbie in this forum, you will definitely receive so many responses here with various altcoins of choice. Expect this because there are so many coins and people here have their own choices. And in the end, you will be confused as to who is really telling the truth. So you still need to verify them through your own research.
Good point! What things do you advise to look out for when doing research regarding different altcoins? What are the key pointers to consider?
(1) The developmental stage of the project (is it just an idea or do they have a successful business already?)
(2) Resources/Corporate partnerships etc.
(3) Integration of the coin/token into the business model
Best place to find info. about 1-3 are in the formal whitepaper.
Ultimately these are business proposals, where the coin should be very closely connected to the success of the business. If the WP doesn't contain good answers to 1-3 and instead just has a bunch of marketing BS about "Blockchain" or "Decentralisation", avoid it.
For a good example of an upcoming ICO with a real business proposal, great resources and advanced developmental stage check out the LakeBanker project
ANN thread and
formal whitepaper