how to know real project

NicholasMerten
2022-10-27 09:05:55

evry day in cryptocurrency so many projects are lunching and 70% are scammer. how to know abut real and legit projects to invest

ShawnDsouza
2022-10-27 09:10:19

One of the best ways to protect yourself is to thoroughly research the individual team members of a project.

The project's whitepaper is the foundational document for that project. Companies that don't offer whitepapers should be avoided at all costs. Make sure you read and analyze the whitepaper carefully.

Any project will depend upon a token or currency system in order to facilitate the crowdfunding process. Legitimate companies make the system itself and the progress of the token sale easy for potential investors to view. Watch token sale figures for the token sale over time.

Overall, be extremely cautious as you look for new investment opportunities in the cryptocurrency space.