If you are ready for the risk of losing money, and believe that a new project can be a big thing in the future then why not invest. All the cryptocurrency in the market started from the scratch, look at them now.
Many people prefer to invest in the seed stages of development of the project to have maximum profit, but it is very important to check everything to evaluate the project in the right way.
Here is some information about the new project
https://twitter.com/daxetoken/status/1460461581188296711The more you check the better is your profit.
Even your suggestions regarding the project are not very well developed and they can't even promote the project well. Lack of popularity, and not too well known by investors, is it profitable enough or does it just lead new investors to lose more than make big profits? this project is absolutely not worth mentioning if you are not a part of it unless you are behind it promoting the project.