This is the second in a series of "How do you evaluate?" posts for each aspect of evaluating a cryptocurrency project.
The end-goal of this series is to develop an exhaustive set of research goals and evaluation practices for investigating a crypto\blockchain project. Once the exhaustive research goals are well detailed, we can break it down into: "The Short List," "Due Diligence," and "Exhaustive." In part, this is in response to the various ratings agencies with non-transparent evaluation guidelines.
This series of discussions will detail "How do you evaluate" the following categories:- ANN Post(s) \ BCT
- Official Website(s)
- Whitepaper
- Project Background \ Technology Used \ Current State of the Project
- Team
- Github
- Competitors \ similar projects
- Partners \ who plans to use the tech
- Community \ Network Effects
- Advertising
- Revenue
- Roadmap \ History \ Upcoming Events (past\present\future)
- Research guidelines specific to ICO phase \ pre-launch
- The difference between evaluating a whitepaper for an Ethereum based project, and one with its own chain
For this post I've combined Whitepaper Evaluation and Website Evaluation because the website evaluation is a pretty small list.
Websiteis it useful \ helpful \ professional? Is it missing info, broken? alexa ratings?
Is it informative enough to give you a good idea of what the goals are and how they will achieve them?
Does it have links to whitepaper github social media?
Who is it registered to, where is it registered?
Whitepaper - To be clear, this is simply for evaluating the presentation of the whitepaper. Evaluating the project itself, the team, etc will be in additional posts.
Grammar\Font (does it look professional or like flashy ad copy?)
Comprehensive?
Readable?
Transparent?
Does it make unverifiable claims?
does it look\read like a marketing tool\powerpoint?
Presentation of Tech and Business Plan
Does it make sense \ Is it understandable?
Does it contain:
* References
* Information about what team will do with tokens
* describes attacks against the cryptocurrency, and how they are countered
* describes the mathematics and cryptography adequately and technically
should include things like the consensus mechanism, total number of coins, inflation rate, block times, transaction fees.
shouldn't promise insanely good returns
I'll be very grateful if you can offer any additional advice or guidelines for evaluating the website and\or the whitepaper of a crypto-project. And
please check out the other sections linked above. When complete we will have an ultimate set of research goals for evaluating crypto-projects, and be one step closer to a community standard.
