Post
Topic
Board Altcoin Discussion
Re: What things to check when it comes to DYOR
by
TravelMug
on 30/07/2024, 03:51:17 UTC
The word DYOR always sounds strange to newbies in crypto as they have no idea atall were to start even with their google search engines.
What sites could be best for this and what the first 5 qualities to watch in a coins project when Doing your own research?
you can share your thoughts on this to enlighten some of us here.

Good question, for me this is what I look for when I do my own investigation,

a. whitepaper - is it original? or just another project can copy others?
b. people behind - you need to look at what are the credentials, maybe they have their reputation to bring in the market
c. tokenomics - how it the tokens distributed, will the majority of the stakes are going to the devs themselves?
d. where they are going to list? Is it on a top tier exchanges or just fly by night?
e. what kind of marketing are they going to do? shills? bounties here? or getting a good bounty managers? funds escrows?