- 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: