How to identify a good blockchain project?

[coasterridex]

there's a lot of things the you should check before you consider that it is indeed a good project/ICO. check the white paper, backgrounds and people behind it, also you could try to check their sponsors and how they manage and run their project. at the end of the day, it's still depends on them. i encounter lots of great and high potential projects but then at the end it doesn't work or they actually failed. better check things out before risking something, never test the water with both feet.

[kickdapa]

Some projects have the working product, if you find that type of projects then you can trust them. I really very disappointed with those whitepaper things. It is not a big deal to write a whitepaper by a good freelancer from freelancing websites. A whitepaper is not the thing to select a project. Team's working timeline, community activity, regular update, and good advisors are the real things to select a good project. Otherwise, I will not support any project.

[brooklynian]

Basically, the current rate of scam will make it difficult for anyone to identify good project. This is because it is no longer by the project white papers. So many good white papers have ended up being a big scam. Just do a thourough check.

[btsjungkook]

If you want to choose a good blockchain project then you should focus in reading the whitepaper to know what is the purpose of the coin and to know all of the information that a investor should know and after that you should do a background research for the team members of the coin to know if the information are legit or not.