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.
Even if the above mentioned ways to identify good projects were met, still some of them are scams. One of the best thing to find these gems is to have an internal research of project. It includes the track record of the team, their present achievements, marketing and developments that they are promising. You also have to look if the roadmap were properly achieved within its time frame and the tokenomics. Other than that, even if all of the mentioned were met, volatility still occurs. Prices may differ from expectation.
- Internal is a huge secret of projects, especially members' information, it is really a professional fake market and wait until the real versions confirm that project, we are already fish lying on the cutting board and just waiting to be dissected and fried, the projects also regularly add key members continuously as well as partners, we also think they are serious but it is also a technique of professional actors. Needing more important project documents is also a detail that many fake projects can handle, innate gem only for nobles and adventurers