A lot of people have been burned by founders running away with with ICO money. It tarnishes the reputation of cryptocurrencies and I believe we should help educate new investors as soon as possible.
Can anyone share a checklist of the things they look for to determine if a coin is worth investing in?
And what are the red flags that you often see people fall for?
I usually make sure that the team behind a certain project or coin is reputable and active. I always make sure that they're trustworthy because they will be the one to handle the developments of an altcoin. It's an advantage if we'll check their background and their history in handling projects. Checking their whitepaper I think wouldn't be enough because some fake and scam projects these days could fake it.