Bitcoin Forum

this be a fun thread, if you were at a conference or an expo for cryptocurrency.

You came across an expo booth of a new project, making a new coin/token etc.

What are the top 5 questions you would ask them? about their platform/

What are the main things you would like to learn about them? about their project?

this could be fun, love to hear all your responses

1, What problem are they going to solve.
2, What wallet are they using.
3. Which country owns the project.
4, How is feasible is this project
5. How effective, efficient and experience is the management team.

1 Objective of their project
2 The Management Team and White paper
3 Where are their Targeted Audience and Qualitative community
4 Exchanges planning to be listed
5 Value of their Token/Coin.

There are a lot of questions that we can ask especially you'll be giving/contributing your money from a project that probably have a working project or from a scratch. Regarding this topic here are my questions:
1. How is it going to be useful in real world?
2. What is their action plan in delivering results? Using SMART
3. Targeted funding
4. Team members profile
5. Value of their coin/token and platform.

Can it be mined? Plus all the questions above.

Cpt.

Personally, I am curious about how you determine the number of questions. Is it a must 5 (five) questions? I don't think so..  :P

Questions for the platform:
1. Could you tell us the detail information of your team members and advisors?
2. Show us the legality, registration status, and the track record of the platform?
3. How the platform can lead the project to be successful.
4. What are the guarantees offered to investors?


Main things of a project:
1. Whitepaper
2. Plans, Ideas, strategies, and approaches
3. Project competitors
4. Partnership
5. Usability and function of project tokens (If any tokens or coins)
6. Project sustainability

the thing I want to ask the most is:
1.credibility of project team members
2.continuation of business ideas in the future
3.exchange plan to be chosen
4.will not give a sales bonus because I don't like the sales bonus.
5.Whitepaper and Road Map

1. What is the main objective of your project?
2. What are the exchanges you are going to involved?
3. Why is your coin important?
4. What is your product?
5. What's your prediction in the price of your coin?

many questions has been asked and there's always lots to ask which should be adressed by the team themselves right, but one thing that rarely seems to actually, truly be answered is:
why does it need to be on blockchain?!

yes the question about "why does project need the blockchain" is good one, as sometimes thing don't need to use the blockchain tech really

the reason for the 5 questions i posted, is just the top 5 i meant

as there would be a more list of questions to ask.

there are a lot of questions that hage to be asked but what is more important you have to understand are they lying to you or noe

i ask these questions

- what is the goal of the project?

- what problem do you intend to solve in the Economy?

- what is your soft and hard caps?

- Team members?

- Country.

1.) What is your cibled market? (niches)
2.) What is your budget? (resources of financement)
3.) What is your marketing strategy?
4.) What is the utility of your token willing to establish?
5.) What is your next milestones for the short/medium/long terms?

all i just need to find out about any new project is the use case of the token/coin. and also know how the crypto community will benefit from the project. i also check out how fast they met softcap and types of investors they have.

Now choose a decent project is very difficult. Not all projects meet expectations and this is sad. To choose a rule project, first you need to study the development team.

I never ask about the project because they don't have history, so I only see the progress. All I want to know already on white paper and road map, as long realistic and fit with my knowledge I will support it with investment. Most people will not agree with me but I think read first ask later is better.

agreed and thanks for your feedback everyone

what types of things would you like to know or ask to determine of the project is good or bad?

what types of answers would determine a good or bad project?

A good project is always not an end in itself. It has to make provisions to work with other platforms, future purposes and the class of exchanges. So responses in the future is better for me instead of immediate solutions.

Well this is a good question I guess. Here it is
How the project will be benefited to the investors
What's new in the project than other projects
How good is the team and about the growth of the project.

Five types of questions that I want to ask.

1. What problem do you intend to solve in the Economy?
2. How is it going to be useful in real world?
3. Credibility of project team members?
4. What is your product?
5. What are the exchanges you are going to involved?

1. Why are you creating a token for your project?
2. Can you project work without your token?
3. Why are you doing ICO instead of selling your tokens directly?

1. What are the advantages to invest in this project?
2. What are the weaknesses? (There's nothing like a perfect project)
3. What exchange(s) will/do you plan to be listed on?
4. How do you ensure safety from scammers/hackers?
5. Who are your advisers. Information regarding the team and where is the project based out off?

I would ask them what their longterm plans for the project are
Where do they see the project in five years?
What are they doing to achieve those goals that they have set for their projects?
Are there going to be any products added to the project in the long run?
What is their price expectations for the coins by the end of the year?
It helps to ask hard hitting questions as that is the way that you make sure that you are investing in the right project

What is important for me when I consider a new project:
1. Is the WP and roadmap complete and have all necessary information?
2. What is the expected position of your coin in the market and what makes your project different from the others?
3. How you you plan to interact with community?
4. Any interaction/cooperation with other currencies/projects?
5. How do you protect your project from abuse and hackers?

These questions are the good question to be asked to the team before joining the project, we need to know the whole thing about the project. And your questions can represent the whole project if those are being answered by the team of the project.

So many questions to asked but the most important are as following:

1. Long term vision of the project.
2. What innovative thing it brings and what is it solution for.
3. Who are the competitors and  if any why they think their product is better
4 Whitepaper and Roadmap
5. Team members and adviser experience
6. What resources are needed to fulfill the promises in WP and Roadmap.
7. How they will achieve to deliver everything as planned on time.