How to identify high-quality projects in the primary market?
1. The team background of the project,.whether the founding team members have other technical or operational backgrounds related to the blockchain icon project. You can learn about it through official white papers, official websites, communities, and other channels.
2. The investment institution of the project is extremely important. A good project seed will attract the participation of well-known institutions in the circle.
3. The technological innovation of the project, or a simple analogy of similar application projects.
I've been on a lot of projects but I can't be sure if what you're listing is totally worthy of a big project or a quality project, because you're entering this market. . Now that's possible, it's risky and it's like gambling with only a 50% chance of winning and any new project you join could fall prey to them. So the best advice to invest in long-term and quality projects is particularly recognized and popular.
There's always another side as there are investors who willing to take the risk and see if they will find luck investing with hypes
project, after doing your research you can start putting your money and to see if things favor you, if not then move forward and
find another project that will bring you some decent profits.
To know the quality of a project, it is necessary to research and monitor the progress of the project. in other words, we must actively pay attention to every development in the project, when there is something suspicious, it is best to leave the project and look for other projects with more potential to invest, and when the pump occurs, we should immediately get out of the market.
Research is essential for us to be successful with a particular project, but there is a specific point that must be highlighted, which is to know what is the trend towards where the money is moving, for example, at the moment what Most of the investments are being directed towards NFT games, it is not necessary to emphasize that Axie is the example of this, now many games that are under the jurisdiction of AXIE are making a difference with better participation options, that is, you can enter the I play for free and make the money necessary to become premium, and this capitalizes much more, because not only does it encompass the blockchain-based business model, but it encompasses another community as large as that of gamers, so in the gamer world it is it handles a lot of money, and if you combine it with blockchain technology it is a financial explosion, I think that aside from project research, you should look for the trend by which everything is heading.