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.
I do it in a different way, like what they (team) did till now. Roadmap, websites, social sites and other visible work to raise enough funds. After fulfilling my first criteria, then I do my deep research. Most of the projects are worth investing in binance listed but we have to do it before the exchange is listed ( what I believe). Although your criteria are also good after the listed exchange. This isn't the best time to invest without a few projects that could be very hard to find out. I apply these rules because I have to check most of the new projects.