Investors & Partnerships
Something I find extremely positive when deciding what to invest in, are current project investors and partnerships. The reason should be self-explanatory, but having the backing of well-established entities gives the project further legitimacy. A few examples with eye-catching investors and partnerships are:
- Request Network (REQ) Backed by Y Combinator.
- VeChain (VEN) Partnerships include PricewaterhouseCoopers (PWC), DNV GL, KUEHNE+NAGEL and many more.
- IOTA Received investment from Robert Bosch Venture Capital GmbH (RBVC), the corporate venture capital company of the Bosch Group. Partnerships include Ruuvi, Volkswagen and others.
- Stellar (XLM) Partnership with IBM.
It's really the way how some people evaluate the projects. But at least you should raise some concerns regarding some crypto when it has partnerships. A currency can't have any partnerships, the dev team can. Mostly how projects are evaluated is by how good are devs working on their product or in this case if there are any good partnerships with them. But at the end of the day trust needs to be established between the community and dev team