Post
Topic
Board Beginners & Help
Re: How to identify a good blockchain project?
by
r1s2g3
on 20/07/2018, 04:56:37 UTC
As said in the topic, how do you guys identify a good blockchain project or a bad one? There are so many projects being talked online...So confusing

Me first, I would check:
1. team background
2. website
3. whitepaper
4. quality of community

What about you?

OP, I read somewhat similar topic in bitcoin discussion earlier but will not be able to find it know.

Let me provide you the gist of that discussion.

1. Whitepaper: What the developer are claiming to solve.
2. Github Code : Need to check the code , by quality of the code you will able to understand the developer's ability and it will give you the fair idea if they are capable of delivering the product or not.

If developer is already established then you can believe in project.

website : Do not rely on it,  an impressive website can be created by spending few bucks only.

I think that good projects have high ratings on expert sites, and also have promising partners (but not all)

A very big "NO". Ratings can be purchased on these expert sites. I found scam ICOs have ratings on these so called sites.