Post
Topic
Board Altcoin Discussion
Re: How to distinguish between good and bad projects
by
Rick-C-137
on 08/12/2019, 15:53:40 UTC
How can you quickly distinguish between good and bad projects and even being invincible in the bear market?

In fact I join an ICO Rating Project recently and now I am testing if the project do help to investors.
Our team has analyzed almost 3,000 blockchain projects.
The analysis dimensions include Exchange, Community, Sentiment, Code and Market.
This project began half a year ago and is currently in beta.

Contact me if you are interested and you can download it for free.

It's going to sound trivial but when i see a bunch of glossy hi res images and a very graphical website that looks sorta sci-fi . These two thinks tell me this project puts more effort into "image" over a use case. If they do not have a working crypto use case or utility and all they have is the "image" of it. SCAM. Obviously... I look for fake team and whitepaper indicators. Also look for unrealistic project goals. Lets say a project is taking on manufacturing or some use case that requires large investment capital. That's a huge red flag. It's just not realistic. I look for coding based projects that a developer can achieve without large investment. Coding and time is their assets.I take a closer look.  Basically i try to look for achievable goals. If a project is claiming all this obviously unrealistic goals= Scam.