Monday Oct 07, 2024

6 factors that will help assess the reliability of a crypto project

Have you noticed an interesting crypto project, but are you wondering how safe it is to invest money in it? Analyzing crypto projects for investment purposes is a real skill that can be compared to fundamental and technical analysis of the stock market.

The cryptocurrency industry has existed for more than a decade, but remains largely unregulated: fraudulent schemes continue to flourish in it. Therefore, you should not rush to invest in a new project, no matter how attractive it seems. […]

Advisory Board and supporters

Get acquainted with the partners, sponsors and the advisory board of the company — this will allow you to assess its maturity and professional level.

Highly qualified startups usually enter into partnerships with leading players not from the blockchain sphere or attract funding from venture capital companies that have proven themselves in this area.

For example, Pantera Capital is the first cryptocurrency fund in the United States, founded in 2013. He has invested in many successful crypto projects that form the blockchain […]

Back to Top