So you have heard about this legendary Bitcoin and seen the gains. You have researched the blockchain and are trying to diversify. Your friends are talking about ‘going to the moon’ and getting x10's and lambos. You’re barely above water.
These 7 things will help you on your quest in selecting the best crowd funded token/coin/platform there is.
Disclaimer: This is not investment advice and I am not an advisor. All losses in crypto are you own damn fault, only invest what you are willing to lose.
WARNING – You may/will be reading a lot of whitepapers
1. Team
Do they even have Twitter? Are they active on LinkedIn? Do they have a LinkedIn? Did they start coding yesterday or 10+ years? How active is their GitHub? How visible are they?
2. Hype
How big is their telegram? How big is their slack? Are people outside of their community talking about it?
3. Token Metrics
Is there a high supply? Is the ETH/NEO price locked?
4. Token Terms
When are the tokens available? When can they be traded? Is it ERC-20 or NEP-5? Is there a lockup for presale/strategic investors if so for how long? What happens to unsold tokens?
5. Communication
How active are they on social media? Do the admins have AMA’s out with members of the community? Do they post regularly on medium?
6. Product
Do they have a working product, Alpha, Beta etc.?
7. Roadmap
How long is their roadmap to an actual working product? Do they update on their progress? Are they behind on it?
Last but not least the secret last is the idea. Do you actually like it, do you see the value? Adoption or is it just glossy words.
A bit different from my usual posts. This was just an overview and in the coming weeks and months I will go over one of these in detail with examples.
Be Super.
