How do assess the prospects for the project?
Firstly, I analyze whether the given project solves the actual problem or it is the fork of any coin.
Secondly, I try to assess the feasibility of the project, the reality of the timing and amounts.
Thirdly, it is important for me how well the documentation is written, how detailed the mechanisms for solving the problem or achieving the result are described. I also draw attention to the stage of project implementation and partners who support the project. If in the aggregate for all these parameters the project get a positive evaluation, I will invest.