#Lunatics - Given that Terra will have so many projects launching, this would be good time to note down few things on how you assess projects n not blindly fomo into every project
Tl;dr
- read intro articles/ama/watch podcast to understand what the project is about
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Tl;dr
- read intro articles/ama/watch podcast to understand what the project is about
🧵
2) - see if the project is solving a unique problem or doing something that you like
- asses the stage of the project. Is it just starting /has mvp/ when will it have MVP / is MVP a meaningful product
- asses the stage of the project. Is it just starting /has mvp/ when will it have MVP / is MVP a meaningful product
3- assess the tokenomics to ubderstand FDV, initial mcap, supply distribution, supply curve. Dont look at individual token price
- Don't fall for pylon pool Apr's in the initial few mins unless it's a fixed cap pool. Pylon pools r long term investments n you don't need blind fomo
- Don't fall for pylon pool Apr's in the initial few mins unless it's a fixed cap pool. Pylon pools r long term investments n you don't need blind fomo
4 - try not to buy tokens right after their Dex launch as price volatility is extreme at that time
- expecting 25+ projects to launch in next two months.
Have a game plan, dyor, & dig into projects you like.
Wgmi
- expecting 25+ projects to launch in next two months.
Have a game plan, dyor, & dig into projects you like.
Wgmi
This is by no means a holistic list. So many more things that can be assessed e.g. Team experience, attitude of team members, quality of testnet or other items delivered, and many more
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