Crypto Nova Profile picture
Feb 19 11 tweets 7 min read
1) ⚠️ FA CLASSES PART 2 HOMEWORK REVIEW⚠️

You were given the assignment to review 2 projects based on ''team background'' only.

• $ASTR
• $QUARTZ

Here's my review on how I work to make a project pass our ''FA analysis'' 🧵 👇
2) Our workflow is pretty much the same for all steps of our ''FA analysis''.

We visit the official twitter page (don't fall for fakes!) and do some digging.

Let's start with $ASTR first ↓
3) $ASTR

Almost every official twitter page has a link to the official website.

I either scroll through the account's timeline for more information or visit the website.

If I don't find either of these I use LinkedIn.

I quickly found the projects CEO @WatanabeSota.
4) A rundown on google search quickly revealed to me that the CEO was previously active in other well known crypto protocols and has prior experience in the field.

Outside of this including he and $ASTR have won multiple awards with him winning ''person of the year'' in Japan.
5) $QUARTZ

This project was a little bit more tricky.

I could not find any specific names on both their twitter page or official website.

I was able to find 5 employees on the LinkedIn page through a google search.

It's here where I found the founder Christiano T.
6) Since the first name isn't given I had a terrible time finding any real background info on him outside of the fact that he is currently working on 2 other business.

This is kind of weird since $QUARTZ is still fully up and running.

No google info = mostly low experience
7) When there's lack of evidence in the CEO I usually check on other team members.

A further rundown reveals 1 of the employees is an entrepreneur and another one a legal advisor.

It's only 2 for the dev side of things and there's also very little to google on these 2.
8) ⭐ Conclusion

$ASTR already got my convinced on the CEO alone.

Although I could have continued to the rest of the team, the credibility bar was already set.

$QUARTZ seemed overall lacklustre with lots of info missing which usually means the experience isn't even there.
9) A solid FA analysis doesn't rely on the team alone.

It's an entire checklist (we are currently at part 2) where we weigh positives and negatives.

It's here where $QUARTZ does not rank high while $ASTRS clearly does.

#ASTR is the clear leader.
10) Shoutout for taking the effort and posting your findings:

@Mark142405611
@Andy276250532
@crypto4lab
@0Konc

I know others who haven't commented also read and learn from these.

Participating is not a requirement at all but I did want to put some of these in the spotlight.
11) If you like these classes make sure to put on your notifications for the next upcoming ''FA SERIES''.

Know-how and analysis on market cap is next.

Stay tuned ⏰

Nova out 💟

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More from @CryptoGirlNova

Feb 19
1) The market is waking up to Zero-Knowledge technology and #ZK altcoins are booming.

What is ''zero-knowledge proof'' actually and why will it last longer than you think 🧵👇
2) One of the main reasons we all got to know and love cryptocurrencies is because of its underlying technology called blockchain.

A decentralized system where we not only have control of our own funds but also protected by our data.

This isn't entirely true however...
3) Unlike what many people think, it does not have many ways to protect the privacy of users.

While there is no name attached to a wallet, almost everything is still publicly available to others.
Read 15 tweets
Feb 18
1) One of the major issues we have in today's market is a lack of sustainable yield.

It either fluctuates due to market conditions or diminishes due to token inflation.

Even ''stablecoin farming'' isn't always guaranteed.

What if it was? 🧵 👇
2) Many of us have been looking for ways to farm yield on our assets.

Especially stablecoins.

@Stablzone is a protocol looking to provide sustainable yield in all market conditions.

Their protocol adapts to an ever-changing market.
3) The problem with many farms is that they reward you in the same token which creates sell pressure on the market which in turn diminishes your rewards.

$STABLZ automatically converts rewards to stable assets for you all in a simple and intuitive user interface.
Read 8 tweets
Feb 18
1) When investing in something always look for a catalyst.

Whether it's a new crypto that just got released or a multiple year old one.

Markets mainly operate on fomo and hype which is caused by a catalyst.

Don't expect a rally without one.

Want to see a real example? 🧵👇
2) Putting this knowledge into practice:

Price broke a previous key level on both of these.

Why does one of them react strongly to the breakout while the other dumps back into oblivion?

One of them has nothing planned for the near future while the other is filled with updates.
3) If you are wondering why your TA (charting) often fails you basically have your answer right here.

Fundamentals > technicals all day and every day.

Why else do you see key level after key level being broken when something is on the way?
Read 4 tweets
Feb 17
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 ⏰
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 👇
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.
Read 10 tweets
Feb 14
1) Crypto has always favoured certain narratives.

• Meme season.
• RealYield season.
• A.I. season.
• …

Ever thought about creating an ''index fund'' where one token represented multiple cryptocurrencies?

Or join the ''index fund'' from a professional?

Here's how 🧵 👇
2) The ''asset management industry'' is a trillion dollar industry that's very popular in traditional markets.

Lots of people are willing to invest their money after all, but don't have the experience for it.

What if we could bring this industry on-chain?
2) @FactorDAO is a platform build on #arbitrum that provides the infrastructure to allow investors to create and manage asset portfolio's from different markets.

They can also choose to invest in the asset portfolios of others while leveraging the security of blockchain tech.
Read 14 tweets
Feb 13
1) ⚠️ FA CLASSES PART 1 ⚠️

As part of our weekly FA classes, we'll start with the very first step of researching a cryptocurrency:

''Analysing the general concept of a cryptocurrency''

Case-study and homework provided down below 🧵 👇

➡️ You will have 2 days to participate ⏰
2) ⭐ Case-study

You are browsing Crypto twitter. Everyone is telling you $QNT is the next big thing.

Before you even consider to make a purchase, the first question you ask yourself is:

''What's the general idea behind #QNT and what problem is it solving"
3) You visit the official twitter page @quant_network or the official website.

You find out $QNT is all about interoperability and connecting to different blockchains.

This is the single moment where you decide if it's worth investigating further or not.
Read 7 tweets

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