Post
Topic
Board Economics
Re: How to identify high-quality projects in the primary market?
by
Silberman
on 31/08/2021, 22:51:10 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.
The truth is that any method that we could try to diminish the chances of being scammed it is something that scammers have been working hard to disguise, at this point in time it is very difficult to distinguish a good project from a bad one and when that happens you do not want to invest in any of those projects as the risk that you are taking is simply too high, better to invest in bitcoin than in an unknown project which can disappear overnight and steal all the funds they gathered.