What features should a good altcoin project have?

[BaeSuzy]

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.

[wmaurik]

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.

Yes, and I personally only like two, namely blockchain and defi,
while for NFT it's not that I don't like it but rather that it's not suitable because the project is engaged in the arts and games.

[indah rezqi]

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.

[Mihawk]

I think a good project should have a committed team no matter if it's a contracted or volunteer team, updates and facilitation for users regularly. To facilitate whenever possible the use and understanding of the project for people, a strong community can't be lacking either, because this community will be the basis for sustaining prices or even support for the project to have the strength to move forward.

[SirLancelot]

The best one is funding, if there is funding then people can do something with it, and unfortunately these days creating a coin is not enough, people somehow expect you to do marketing for it as well? I do not understand that, I do not remember satoshi going around the world putting ads for bitcoin, neither Ethereum and Vitalik or even Charlie for litecoin, none of these were like getting big ads.

Nowadays you see tezos on mclaren formula car, like what the hell is that? And not only that is bad for decentralization, but people are literally willingly give money to project owners just so those project owners would spend that money on advertisement and bring more people and evidently money with it so that the price would go up. So basically we are all putting people in charge of coins and making it centralized and making someone rich just for marketing purposes, just doesn't make sense. However that is how it is, so that is how you should look at it too.

[isaac_clarke22]

~

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.

[Lanatsa]

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?

All we do need is real world use and relevance because there are some coins which are still on development status and still haven't able to create on what they had promised when they are still on ICO.

You can determine which one is realistic and which one is just too good to be true in terms of actual contribution that it can give.As an investor those factors you had mentioned are common

things that you should checked out, from real usage to team behind the project. You do have your own self will and common sense on determining if its a good or potential one or totally a trash.

[Coroline]

Quality is another basic criterion as a parameter of project success. Quality is the guarantee of a product to provide confidence for the client or end-user to buy or use the product. The Quality Plan is made by the client as a guide for the contractor in working on the project. The size of the technical specification is the extent to which the specified technical requirements can be achieved. Quality measurement will be measured subjectively using the references mentioned in the Quality Plan.

[BigBos]

In terms of features, I think the features needed are more complete and better features than existing projects. Well, we know that most of today's projects are developments of existing projects. other than that, try to see their partnership. it will also determine the quality of their project. right now, I'm just looking for a new project related to binance. I think that binance has its own terms to define new projects they work with.

[regitjule]

I pay a lot of attention to the liquidity of the coin, a lot of coins have no liquidity.

[RussianEnglishTranslation]

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?

I would say that the most important feature is real world utility. Also, buying projects that are mineable without a team wallet will protect you from exit scams and rug-pulls.

[slaman29]

In terms of features, I think the features needed are more complete and better features than existing projects. Well, we know that most of today's projects are developments of existing projects. other than that, try to see their partnership. it will also determine the quality of their project. right now, I'm just looking for a new project related to binance. I think that binance has its own terms to define new projects they work with.

Almost every new project now is just clones of existing ones. Even in Defi all the new projects are practically just smash and grab of Uni/Sushi etc and just recoding smart contracts. Now it's all a smashed up collection of smart contracts. 100s of devs working together or individually and putting it all together like a coded Frankenstein.

Features? Not important, because projects can quickly copy paste (unless everyone goes like Uni and makes their code closed source).

[Renampun]

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?

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.

[SFMHodler]

Doxed team!

[nhaila]

A strong and good project has several features that are very much important and effective, good and expert team management, support community, products launched, exchange list and IEO running on Good exchange, and definite whitepaper and roadmap.

[nhaila]

I pay a lot of attention to the liquidity of the coin, a lot of coins have no liquidity.

Liquidity a last stage of a good project. If a project could run it's IEO on good exchange , finally it would get enough liquidities.

[Review Master]

I pay a lot of attention to the liquidity of the coin, a lot of coins have no liquidity.

If projects are listed on cex or dex, than that's the best thing to look at. Without liquidity, there is still a great chance of becoming a scam project as well as team could easily rugged pull that. On the other hand, few projects are having fake liquidity or trading volumes on cex by the team which is dangerous for investors. So, we need to be careful about those fake projects which are having liquidity but don't have any usecases, IMO.

[NicNacCoin]

I pay a lot of attention to the liquidity of the coin, a lot of coins have no liquidity.

If projects are listed on cex or dex, than that's the best thing to look at. Without liquidity, there is still a great chance of becoming a scam project as well as team could easily rugged pull that. On the other hand, few projects are having fake liquidity or trading volumes on cex by the team which is dangerous for investors. So, we need to be careful about those fake projects which are having liquidity but don't have any usecases, IMO.

A lots of cryptocurrencies projects in dex and cex that's have not enough liquidities. Due to not have enough liquidities, projects turning into shit projects.

[dezoel]

I think a good project should have a committed team no matter if it's a contracted or volunteer team, updates and facilitation for users regularly. To facilitate whenever possible the use and understanding of the project for people, a strong community can't be lacking either, because this community will be the basis for sustaining prices or even support for the project to have the strength to move forward.

As much as the team is important for success I think you must also verify that the team is not fake and the members and faces put on the website are actually working with the project. I have seen some stolen whitepapers and fake team members listed in some projects and talking about WP, read it carefully before putting a penny into the idea.

There are 3 things mainly to consider while investing:
1) Whitepaper
2) Team
3) Idea and longevity of the project

[DarkDays]

I think a good project should have a committed team no matter if it's a contracted or volunteer team, updates and facilitation for users regularly. To facilitate whenever possible the use and understanding of the project for people, a strong community can't be lacking either, because this community will be the basis for sustaining prices or even support for the project to have the strength to move forward.

As much as the team is important for success I think you must also verify that the team is not fake and the members and faces put on the website are actually working with the project. I have seen some stolen whitepapers and fake team members listed in some projects and talking about WP, read it carefully before putting a penny into the idea.

There are 3 things mainly to consider while investing:
1) Whitepaper
2) Team
3) Idea and longevity of the project

Just to add to the main 3 points above, investors and partners list, product development stage i..e is there a prototype in place or will everything need to be made from scratch, how experienced the team is and what relevant projects have their worked on, is their Github repository public and available for anyone to see. I'd also look at the social media side, do they have strong marketing, do they have a CMO already or do they have to hire one. All of these are indicators of a project's ability to perform and sustain itself long-term.