Research Questions for Crypto Projects
It has become the need of the hour to conduct a thorough research about every crypto and blockchain project before investing in it because if you think every project holds the same potential, then it's not true. Deep research can save you from fallacious projects.
Researching something seems like a job of expertise, but we have covered a few questions you should ask while investing. These questions will complete your research work in a snap.
WHAT?
What is the motive behind the project?
What does the project serve or facilitate?
What are the products and services offered by the project?
What is the size of the community of the project?
What are the use cases of the project's native token/coin?
What is the launch date of the project and the project's progress so far?
What are its development plans?
What attributes make it stand out from others in the crypto industry?
What is the market capitalization and trading volume of the project?
What is the history of the project?
WHICH?
Which technology is backing the project?
Which projects, exchanges and firms have partnered with the project?
HOW?
How much transparency does the project hold?
How does the project manage the liquidity of its assets?
How is it different from other similar projects in the Industry?
How many people have invested in the coin/token?
WHO?
Who are the founders of the project?
Who are the investors in the project?
WHERE?
Where is the headquarters of the firm located?
Where did you hear about it?
Where at present the coin/token is listed?
Tadaa! Your research is complete. This is the most simplified strategy for conducting research on any crypto project. Try it and let us know how it worked.
Tip: Try looking out for the project's Whitepaper.There you will find answers to many listed questions.
