1) ⚠️ FA CLASSES PART 2 ⚠️
As part of our weekly FA classes, we'll start with the 2nd step of researching a cryptocurrency:
''Analysing the team of a crypto project''
Case-study and homework provided down below 🧵 👇
➡️ You will have 2 days to participate ⏰
As part of our weekly FA classes, we'll start with the 2nd step of researching a cryptocurrency:
''Analysing the team of a crypto project''
Case-study and homework provided down below 🧵 👇
➡️ You will have 2 days to participate ⏰
2) ⭐ Case-study
After browsing ''Crypto twitter'' and seeing countless of new recommendations by the crypto community, you've stumbled upon $CHNG and deemed it worthy for further investigation.
➡️ Want to know how to pre-select cryptocurrencies?
Read up on first class 👇
After browsing ''Crypto twitter'' and seeing countless of new recommendations by the crypto community, you've stumbled upon $CHNG and deemed it worthy for further investigation.
➡️ Want to know how to pre-select cryptocurrencies?
Read up on first class 👇
https://twitter.com/CryptoGirlNova/status/1625211894415114240
3) The first thing we want to do after figuring out what the project is all about, is a credibility check.
We want to see:
• We don't get rugged.
• It's in reputable hands.
• It has a good chance of succeeding.
ALL of this starts with the team.
We want to see:
• We don't get rugged.
• It's in reputable hands.
• It has a good chance of succeeding.
ALL of this starts with the team.
4) Well known or qualified names will never rug or scam you.
The loss in reputation costs them a lot more money than the money they earned from investors funds.
We visit the official Twitter page @FinanceChainge (don't fall for fakes) and look for the website.
The loss in reputation costs them a lot more money than the money they earned from investors funds.
We visit the official Twitter page @FinanceChainge (don't fall for fakes) and look for the website.
5) I wasn't able to find the founder or the team at the front page but was able to dig into the FAQ section to find more information.
Apparently "DJ Qian" who co-founded:
#ANYSWAP l $ANY
#FUSION l $FSN
#VECHAIN l $VET
#QTUM l $QTUM
Is the founder.
Apparently "DJ Qian" who co-founded:
#ANYSWAP l $ANY
#FUSION l $FSN
#VECHAIN l $VET
#QTUM l $QTUM
Is the founder.
6) That's a very impressive foundation.
All of these projects did really well and more importantly are still around and building.
They never quit, ran away or rugged.
The credibility check has pretty much passed all bars with the CEO alone.
But is this information true?
All of these projects did really well and more importantly are still around and building.
They never quit, ran away or rugged.
The credibility check has pretty much passed all bars with the CEO alone.
But is this information true?
7) Did you know my next project will be co-founded by the CEO of samsung himself?
I listed him on my projects website so it's gotta be true right?
⏩ Anyone can list anyone on their page. Especially scams.
I can also create an AI person and say he worked at Google.
I listed him on my projects website so it's gotta be true right?
⏩ Anyone can list anyone on their page. Especially scams.
I can also create an AI person and say he worked at Google.
8) The purpose is all about double checking everything.
Seems logical right? You would be surprised how many people believe everything that's on the website.
If "DJ Qian" really is the CEO of $CHNG this information will also be listed on his profile and Linkedin account.
Seems logical right? You would be surprised how many people believe everything that's on the website.
If "DJ Qian" really is the CEO of $CHNG this information will also be listed on his profile and Linkedin account.
9) The man's official LinkedIn profile pretty much confirms he is the CEO of $CHNG.
If we want to look a tad bit further we can visit the page of #Chainge itself and scroll through the other employees.
All good on this front and we pretty much have our credibility check.
If we want to look a tad bit further we can visit the page of #Chainge itself and scroll through the other employees.
All good on this front and we pretty much have our credibility check.
10) ⭐ Homework
Feeling confident? Now it's YOUR turn.
→ @AstarNetwork - $ASTR
→ @SandclockOrg - $QUARTZ
1) You deem both worthy for further investigation.
2) You do a credibility check on the team.
3) What are your findings? Do you trust the team or not?
Comment below👇
Feeling confident? Now it's YOUR turn.
→ @AstarNetwork - $ASTR
→ @SandclockOrg - $QUARTZ
1) You deem both worthy for further investigation.
2) You do a credibility check on the team.
3) What are your findings? Do you trust the team or not?
Comment below👇
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