Post
Topic
Board Economics
Re: How to identify high-quality projects in the primary market?
by
Fredomago
on 29/08/2021, 18:57:34 UTC
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.
Seriously?  Team members and their faces are sold for just a few hundred dollars. While investment institution is highly risky because what if it's just a pump and dump party which sells the investment immediately after it gets listed. Which means your token will be more or less abandoned in front of manmonth supply in the market. Yes technological innovation is one thing that could be considered as highly important in any project but more than the utility which it serves with that technological innovation is the primary thing to see in any project.

Good to bring that here, as it seems so easy to determine by using this information but in reality this can just as easily been faked out even if you read all those details inside the project white paper there's no guarantee that those members are for real.

The good addition of the project to the entire market has a better impact when choosing your asset, not just another copy or another upgrade version of the existing project, but something that usable in their chosen fields.

With so many scammers who have deeper knowledge inside this business, setting your standards to much higher ground saves you up being victimized by those people who love running with investors' money.