Hello!
I want to know how you choose projects for investment?
At the moment I'm focusing on the Near Protocol.
I bought it back in early April and don't miss the chance to mention it.
What did I focus on when choosing it for investment?
1. Team (most of the famous developers worked in google and facebook)
2. Strong community (more than 100k on Twitter and a very strong forum)
3. Own blockchain (develop their own structure with their own EVM and cross-chain)
4. Solving existing problems in cryptocurrency (high fees, transaction processing speed, scalability)
This is a very brief description. At the moment I am faced with the choice to add a few more such projects to myself. Share your knowledge.
The most important thing is that you have studied complete information about the project, conducted a study and analysis of their project, usually projects that have a clear team and target have a high success rate, plus their own Blockchain in running the development structure, personally I am not involved in this project, but if what you mention is true, the chance of success of this project is great, there are three methods at their disposal, a strong team, a large community and the blockchain itself, at least this is enough to convince, but caution is also needed to avoid risk.