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?
Upon choosing what altcoins are worth to invest I am looking first at their whitepaper and their roadmap. Through this, I can able to know what are their goals, the product or services they made, and how was the campaign. Next is the developer team and its partners. Of course, you don't want to invest in some projects where developers hide their info, by this you can already tell if they unto something shady or not. Lastly, was their crowdfunding, like will they able to reach their soft cap and hardcap with their promise date or not. For now, that's how I look up altcoins if they are worthy or not.