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?
If the website you said you discovered is very good at using their strategy to discover which projects in the cryptocurrency market is fake or real, then you can go ahead and be making use of the website to check whether a project is really what they’re claiming to be or not. Then if you want to do it manually by yourself, then I would suggest that you always check the team that is behind a project and know who they truly are and whether they are who they claim to be.
There are lots of social media that you can check out who they are, check their LinkedIn profile, their twitters, their Facebook accounts and know if they’re really who they claim to be and whether they have the kind of experience that they claim to bring to the table. And finally know whether those are not just scammers who are impersonating legit people out there that knows nothing about the project. This is just one piece from me.