What's up guys, I am relatively new to the crypto world and although I've read a lot and watched countless videos on crypto and how to do your own research, I was wondering what are the most important aspects of a project, and what are the most important factors and things to look for. If you could give me some advice on the resources you guys use that would be really great. I was also wondering if someone could explain to me what is a vesting schedule and what a good token distribution looks like vs a bad one.
Had a few pieces of advice that pretty much will apply to any investment in the crypto space:
1. Look at the initial distribution.
Was there a huge premine that goes to some sort of centralized foundation? That shouldn't be a dealbreaker, but if the foundation is not doing anything with the funds and just holding onto billions of dollars of tokens, then that becomes an issue.
2. Look at community engagement. Has there been active discussion on Reddit/Discord?
3. Look at the devs/team. Are they known previously? Are they anonymous? Not any one of these metrics should be used to be the deciding factor, but too many negatives would ring alarm bells for me.