hello everyone
my question is how to find a promising project?
Try to check whether such a project has been backed by venture capital or not. I think that when the project is backed by so many parties it can be said that if the project has massive support by so many parties and it means this project has been running by trusted developers. This will make you spend a short time to analyze whether it's a scam project or not. Im sure that venture capital like binance labs will never try to invest in scam project.
how to check the project is scam or real? if u have experience can u share this experience in here
thanks
You can use the suggestion that i have written above and that may give you a small insight about how to pick the trusted project safely. So many scam projects are exist in the market these days and that's why you must be careful with any project. Try to learn the project before try to invest on it. DYOR is a must for everyone.
The developers past history also bring a lot to mind because nowadays there are projects whose developers remained in businesses or in projects which got success in the past and they satisfied their users. If someone do not know much better about the future of a project then they need to follow the project which is started by a successful business or project.