I value the collective knowledge here on Bitcoin Talk, and I'm eager to hear your honest opinions. Your insights could really help me (and perhaps others) make a more informed decision.
Thanks in advance for your input!
I will make it short and sweet for you, only two things: the pro is if the token has a usecase, and the con is if the token has no usecase.
Everything depends on usecase and what it can contribute to the community, so if you're thinking of buying a token in its presale, your only assignment is to check for usecase; if it has a usecase then that's favorable for you, and if you did not check the usecase, then you will suffer the consequences of losing your investment, and that's the con.
This is such a great way to look for a good projects. I mean there are so many coins which has a "use case" that is useless as well, do not get involved with those as well. I have seen plenty of projects with "if you buy X amount of NFT from us, then you are going to be getting airdrops from our token in the future" as well, why would I want your useless token and why would I get your NFT just to get your useless token.
So, if something doesn't have a use case then it doesn't have a use case, and if it does have a use case then you need to make sure that it has a good use case that you find appealing as well. In that case you can consider investing into it, but still should look into whitepaper and roadmap before you invest.