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Apr 21, 2022 9 tweets 3 min read Read on X
How to Evaluate a Crypto Project

So many projects have emerged in the crypto space lately, so it's essential to know how to evaluate these projects to discover those with potential.

These are the main aspects when evaluating a project:

#evaluate #crypto #blockchain #projects Image
1/ Vision

Find projects with a clear value proposition.

- What is the project's long-term vision?
- What kind of problems does it solve?
- Does it provide value to a specific user base?
- Are the advantages clear and measurable?
- Is the token really needed?
2/ Market Potential

Check if there's enough demand.

- How many potential users are there?
- How many competitors are there?
- Is there potential to disrupt an existing market?
- What are the project's USPs?
3/ Tokenomics

- Does the token provide value to all stakeholders?
- Does the token have utility?
- Are there long-term incentives to hold the token?
- Are early investors and users being properly rewarded?
- Are the token allocations fair?
- Is the vesting schedule adequate?
4/ Team & Advisors

Find if the team has execution capability.

- Does the team have enough experience?
- Which projects have team members worked for in the past?
- How did these projects perform?
- How experienced are the advisors?
- What do the advisors bring to the project?
5/ Community

Check the size and activity of the community.

- What is the level of adoption?
- How big are the project's social accounts (Telegram, Twitter, Discord)?
- How active and engaged are the community members?
- Is there some kind of hype?
6/ Roadmap

A project should have a roadmap containing a detailed plan and milestones for the next 24 months.

- Does the roadmap contain a clear strategy and is it realistic?
- How did the team deliver on their roadmap so far?
- Are they doing proper marketing?
7/ Backers and Partners

Look for projects that are backed by top-tier Blockchain VC firms and that have partnerships with players in the space.

- What are the current backers?
- What are the current partnerships?
If you find this info useful make sure to like, share and comment:

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@bizyugo made an excellent thread explaining what GammaSwap is.
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1⃣ Fees
2⃣ P/F ratio
3⃣ Treasury
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One protocol appears in the TOP 20 (latest 24 hours) list of each of one of these metrics: @LidoFinance

Check out the 🧵for more info 👇 Image
Lido Finance is:

✅#3 in Fees
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✅#1 in TVL ImageImageImageImage
👉It has already a respectable position in the Market Cap rank: #33; but it's down 74% for the ATH. 🚀

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❓What are your thoughts on @LidoFinance? Image
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