Quote from: Nitroas on November 11, 2021, 11:18:10 AM

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?

There are several elements that show a project's authenticity. You can check a project has those or not and then you can decide this will be a good investment plan or you should have exited from that project.

First, check the project contract is audited or not. Then check for their partnership and development plan. There are a lot of VCs who invested in new projects every day. I can trust a project if that is backed by binance or kucoin. Another thing is a good project is very common and that is they are very active in their social media. A good project always keeps their community updated.