Thread by @Airdrops_one

Ask yourself some of these simple questions (in any order) as you continue your #Cosmos investment journey.

Check yourself:

➡️Founders
➡️Vesting
➡️Airdrop
➡️Differentiator?
➡️Revenue?
➡️Validators
➡️Token
➡️Investors
➡️Developers
➡️Governance
➡️Team
➡️USA
➡️and more
👇

(1/)

➡️Founders:

Doxed?
Monkey in their PFP?
Prior demonstrable experience of running or sustaining large-scale enterprise projects?
Are they just "passionate" about crypto?
Running multiple "blockchain" projects?
10+ years of cumulative (dev) experience between them?

(2/)

➡️Vesting

When does the Team get their tokens?
When can they start to sell?
In non-crypto space, would you be comfortable with the schedule, commitment, or lack there of, for a Founder and the given vesting term?

(3/)

➡️Airdrop

Whether or not they airdrop is not the concern, but are they airdropping before the product ships?

➡️What is the differentiator?

How is _this_ chain different from N other #Cosmos chains? What are they doing differently and does it solve a new problem?

(4/)

➡️Plan to generate revenue

How will this chain/project generate revenue? Just cause blocks are generated it doesn't mean there is anything of value going on.

➡️Validators

Sustainable?
Making a profit?
Is there a clear record of why and how Team allocations were made?

(5/)

➡️ Token

Do they really need it? Why?

➡️Investors

Are there any?
What other projects they invest in?
What is their track record?
What could the team gain/benefit from by having that particular Investor long term?
Vesting for Investors? (see above for Team)

(6/)

➡️Developers

Is there a thriving or observable noise and excitement about developing on a chain from 3rd and non-solicited parties? Or is it only the founders that talk up how "easy" it is to develop or ship?

How are new developers being on-boarded or compensated?

(7/)

➡️Governance

Is it bugged down in Politics and drama from "community"? Decision by a committee?
Do props get passed by OG validators in the top 10 that control 40+% of the vote?
Is there an execution plan and who is responsible for it - is it Community???

(8/)

➡️Team

Is the Team behind the project a real company? With a real address? A lawyer, business development lead, marketing team, and product head? Or is it just devs?

➡️USA

Shortly before launch, do you find out that the project will not be "available" in the US?

(9/)

➡️Shipping and Iterating

Is the team continuously upgrading and updating not just the code, but the core user experience? How adamant are they about not just improvement but innovation? How frequently are new features released?

MOBILE??? It's 2023

(10/)

➡️Influencers

Who talks about the project? Who uses it? What is their angle? Are they an expert?

➡️Community

Hippies, collective farm / DAO mentality, not gonna tax us, or pragmatic and sensible approach to finance, regulation, and legislation?

(11/)

➡️Communication

Is the team clear and frequent in their comms? Acknowledging or responding to critical feedback without being defensive on CT, Spaces, Discord, elsewhere?

Are they deflecting on "intern"? Is that the voice of the Team?

(12/)

A subjective attempt to generate healthy & better analysis by everyone in this space. These are not the only factors - you should include other criteria & metrics - DYOR!

Ask the hard questions. This is your money. Don't accept half-assed, incomplete or vague answers.

(13/)

Ultimately, be responsible for your investments, and hopefully you can review these next time you are about to part with your hard earned fiat or rewards.

Feel free to add or comment with your "checklist", signals or data points that you evaluate.

DYOR. NFA. YMMV.

🫡

(14/)