I look at the team and the project.
My two key questions are:
1. What is the unique value proposition of this project? What problem does it solve?
2. Who is in charge of this project? Reputable, competent people are very important.
I also tend to stick with industries that I know a lot about. I'm really into online gaming, so that's an area of focus for me.
Here are a couple of projects that I'm following closely.
www.MindSports.IOwww.waxtoken.comwww.playkey.io