Hello everyone, I'm interested in the issue of checking projects and tokens.
There are many projects and each shows users big plans and ambitions. But as practice shows, not all projects keep their word and people often lose money by investing in the wrong project.
Recently I came across a project that was created to solve this problem - CheckDot. They have a nice strategy for checking and verifying projects, which seems to be useful.
What do you think about this problem and what solutions do you see?
It is not difficult for us to avoid scams in blockchain if we have good experience and extensive research on the project we want to invest in. We can easily identify the honest project from the scam project, but we need some time to review the project in all its aspects, and in my opinion, we don't need to rely On a project that checks projects, it is okay to use it and use sites that display project rating and information about it, but the biggest task lies in relying on ourselves to read the project whitepaper and verify its future goals in the roadmap and verify the expertise of the project team in the success of such projects.