
dyor.vc
Maximize your profits in #crypto by doing your own research
I'm building a crypto fundamental analysis app. Here are some factors to review a crypto project
Team vs its competitors:
Team and employee
Patents and unique ideas
Does it have a foundation organization?
Backers, Investors, Partnership
Legal?
Tokenomics and initial distribution
If founders hold less than 5%, they won't have enough motivation for a long term (over 5 years) to build a successful chain/coin or token
Use-case
Just ask yourself this simple question. Is this crypto project solving a major problem?
Decentralized score
Use this diagram from VitalikButerin to evaluate how honest a project is.
If it has over 50k TPS, let look at other 2 factors: Secure and Decentralized. Maybe the project owner is lying if he says it is truly decentralized chainMan shrugging
Social Score
Check the quantity and quality of its brand on
Twitter, Tele, Discord, Reddit
Youtube Video
Podcast, Clubhouse Does the team actively share what they are doing in an understandable way?
On-chain metrics
Transaction count
Transaction value
Active addresses
Fee paid
Hash rate and the amount staked/locked glassnode, coinmarketcap, and http://dapp.com are the top apps for on-chain analysis
Continuous Development
Check project's Whitepaper, Road map. Check how the team handles crises. Do they blame other factors/people or do they focus on solving the difficulty? Do they care about investors' money? What did they announce when they miss a deadline?
About
I am a crypto investor and often perform the crypto fundamental analysis. This process is called dyor (do your own research). Many of my friends ask me how to do this process. So I make this app to help investors

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