What features should a good altcoin project have?

[isaac_clarke22]

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I had seen some Github repos that are active in the first few days of the same month, then there would be little to no activity with the upcoming days.
Though I wouldn't consider Github repos to be the only thing to look at because I could just erase whitespace and do a push it to the repo to add to the activity.

[1715261804]

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[pixie85]

For me it's an idea that counts and if they have features that disqualify projects in my view.

Premine, centralization, copying or forking another coin. This things mostly disqualify a project in my eyes but there's more like a fake team or an anonymous team, how the site is build, are they paying for reviews and articles, are there any known scammers in the team... There's a lot of stuff that I look at and I never invest in new projects. I always give them some time to get listed and such.

[carrigan]

There may be several criteria that can influence a good project.
However, I personally will think about:
- The real team with experienced and professional members (clearly stated in the website and also social media, not the fake one).
- The real use case of the product to be used and that is available to be used for community
- Active in the social media and other promotion
- Getting partnership with popular merchants or other institutions
- Listed on middle and top exchanges

[Kiley33]

The vast majority of altcoins come from clones of Bitcoin source code. The most basic thing about altcoins is to be listed on exchanges and get strong support. Let's take a look at his technical team. Is the technology mature? How long has this team been exposed to cryptocurrencies? Whether you have experience or not, will you give up halfway and stand out among many altcoins,,

[perfect999]

I think the best projects to earn a ton of money are still blockchain, defi and NFT. But it all depends on your investment profile, if I think it's suitable, it's not necessarily the same for you. So it all comes back to the risk profile of each investment.

All the projects are built on the blockchain technology so it's not a specific project but a technology, that is blockchain.

Choosing a project before making a decision to join is very appropriate. More clearly, I myself still don't really understand what kind of project is right for me to join in the hope of benefiting from it. One of my considerations before joining was to learn about its purpose and who manages it. On the other hand, I always put a positive attitude towards all projects.

I have a polar tendency as compared to yours. I always look at every project as if it's existed to scam (unfortunately been scammed many times, so have to go this way) and then I start my research like what are the fundamentals of the project, who is behind the team and what are they looking to achieve and whether what's being talked is realistic and achievable or just being lunatic in their approach.

There are many things and it's not possible to list them all but if you can do a rough fundamental analysis then you don't have to do much else.

[RealMalatesta]

if I want to invest in a new crypto project then the main thing I supervise is the team and also their concept...

To be honest, currently, there are hundreds of crypto coins that have good potential but are not have interest in the market because of a lack of marketing and there are also crypto coins with excited marketing teams but end up scams. For me, these two things are very important and become a reference for investing.

Lately I have seen way too many times when a good team that didn't want to scam anyone just end up failing. I used to believe that team matters the most as well but turns out the team being good people who are legit and not scammers is not enough, even concept being awesome is not enough, because you could have 10 amazing coders, 10 amazing designers and some marketing or moderator and what not type of other stuff with it and you could still fail. This is why I am not entirely sure if team is enough.

There is this "viral" thing that is going on where a coin goes viral and suddenly it becomes very valuable, doesn't even need to be a great coin, it could be some bad copy cat and it still goes super high if it goes viral. I do not know what makes something go viral, but without that there is very small chance any coin could be in top 20-30 even if has amazing creators and superb idea.

[wmaurik]

In my opinion, altcoins provide features that are useful in the real world for many people, such as security, economy, environment-friendly, fast and have good innovation and progress.
There are so many altcoins nowadays, you can choose old proven projects. It's more profitable

Yes, and don't forget to always choose old Altcoins that already have real products and use cases that are really useful in all societies because such Altcoins will not die easily and always have good potential when the market goes bull.

[2tang]

The vast majority of altcoins come from clones of Bitcoin source code. The most basic thing about altcoins is to be listed on exchanges and get strong support. Let's take a look at his technical team. Is the technology mature? How long has this team been exposed to cryptocurrencies? Whether you have experience or not, will you give up halfway and stand out among many altcoins,,

Yes, I slightly agree with what you say because the main source of cloned Altcoin code is Bitcoin so that it can give birth to many Altcoins where they all have to compete with each other in the cryptocurrency market every year.

[indah rezqi]

This is one of the problems that investors tend to have when it comes to crypto investment. They somehow need to be a bit knowledgeable enough to how blockchain works.
One team would just claim that they are good and the project their making would be futuristic by throwing some random technical stuffs.
It is like saying that you claiming that you can build website using HTML, CSS and JS without even proving that you can write codes from those languages and they would believe you.

It seems you don't understand what I mean. What I need to emphasize is that what I understand from
joaoenmanuel is a good Altcoin project according to him to generate profits. So my answer to the question is to put forward positive thoughts and study first before making a decision to join. And I myself also said what exactly I have (lack of knowledge about cryptocurrency world).

[Questat]

In my opinion, altcoins provide features that are useful in the real world for many people, such as security, economy, environment-friendly, fast and have good innovation and progress.
There are so many altcoins nowadays, you can choose old proven projects. It's more profitable

Yes, and don't forget to always choose old Altcoins that already have real products and use cases that are really useful in all societies because such Altcoins will not die easily and always have good potential when the market goes bull.

But to tell you that not all old coins are promising and it was not the basis in choosing which altcoins to invest instead, we have to look at its current market trend and volume because in that we way we can simply think what would its possible trend in the future. I believe that those coins who already have a working product will able to compete in the market but this will not sure that everything will be meant so good and profitable.
But for me, I mostly choose those altcoins that have been in the known and reputable exchanges aside from what you have mentioned.

[CaptainDeFi]

When starting an investment we should evaluate the altcoin project very well. Investigate if it have use cases, what the community is like, the rewards system and what initiatives it is developing. Which altcoin project in your opinion do we have to get involved with to make a profit y why?

Good project DEEDY!
Deedy is an NFT platform running on the Binance Smart Chain where users can trade, rent out, view, buy, sell, enter NFT lotteries, support and connect with creators.
Deedy Digital offers a solution for enabling a unified and secure blockchain ecosystem for digital content creation and exchange.

The concept behind what they propose is simple:

- Purchase NFTs via the Deedy Market Place.

- Maintain, support and connect with creators.

- Host auctions for NFTs.

- Enter NFT lotteries.

- Take out loans using NFTs as collateral.

- Join virtual art galleries.

- Create and order NFTs.

- Purchase high-value NFTs created by celebrities and verified artists via the Deedy Launchpad.

- Rent out NFTs.

[Text]

For me, if you are into gaming like these play-to-earn games and NFT you will be interested.  If you only knew the top blockchain game so far.  So you can get your capital back or invested in a short period of time, maybe 1-2 months is enough.  You should also know the true purpose of a project or platform, you are assured when many are active in the community and support it.

[panjay]

From what I observed was a cult-like following who defend the tokens no matter what, xrp,ada,link have a cult like following and have a decent pump in this cycle. The token got bash at media social the cult will defend and still buying their own token, still exist in next cycle.