How to identify high-quality projects in the primary market?

[Phanditha Echevarria]

How to identify high-quality projects in the primary market?
1. The team background of the project,.whether the founding team members have other technical or operational backgrounds related to the blockchain icon project. You can learn about it through official white papers, official websites, communities, and other channels.
2. The investment institution of the project is extremely important. A good project seed will attract the participation of well-known institutions in the circle.
3. The technological innovation of the project, or a simple analogy of similar application projects.

[1714482543]

1714482543

[1714482543]

1714482543

[1714482543]

1714482543

[Tytanowy Janusz]

Wrong. There is nothing you can do to define "high-quality projects in the primary market". Everything posted above can be, and very often is, faked.

My post from 2018. Its even worse now with finding gems at early stage.

1- whitepaper is just a document with words. It can be copied and change a little. Faked. I can create my own whitepaper in which ill write that tomorrow ill be on mt everest.
2-team can be faked with fake twitter account with bought followers
3- code - who of us can check if code is OK? How many of currencies have working code now? Most of them are just concept without working product jet.
4- hype can be bought.
5- being unique didn't give you certainty of being unique forever. 1 month after your investment there can be new ICO with better team, bought hype and with working product delivered faster.
6- you are newbie and you did fundamental analyst wrong or didn't do at all just jump after hype or because someone said that its great investment
7- there are 1600 coins. More than 1400 won't survive next few years because they are not necessary. Your decision must be precised and full of luck

its not 1600 coins now. its 8800 now according to coingecko.

I hardly advise against this kind of gambling. You have bigger chances at the casino. In casiono its like 49:51 (win loss) here it is 1:9999 and reward is not worth the risk.

[bitmover]

Wrong. There is nothing you can do to define "high-quality projects in the primary market". Everything posted above can be, and very often is, faked.
...

I hardly advise against this kind of gambling. You have bigger chances at the casino. In casiono its like 49:51 (win loss) here it is 1:9999 and reward is not worth the risk.

I think most projects  are scams and i agree with you that op strategy is not good.

However,  it is possible to find potentially good projects.

For example, DOT was created by Gabin Wood. He won't mastering ethereum with antonopoulos and he is also erhereum co founder. Any project that he is involved is worth looking into (if you are trying to find a good project)

You can also try to read on already established projects (like top 50) and look for the best ideas and opportunities...

Ofc you may lose money , but it is possible to find something good and make money.

That being said, I am nearly all in btc (in my crypto portfolio)and I think this is most profitable strategy in long term

[Bravehash]

The best advice is always invest the little money you can afford to lose most especially if the project is a new altcoin, good promising looking projects can still turn scam as well, I don't trust influencers because no one hates money they get paid too so invest only what you can afford to lose

[Sterbens]

1. The team background of the project,.whether the founding team members have other technical or operational backgrounds related to the blockchain icon project. You can learn about it through official white papers, official websites, communities, and other channels.
2. The investment institution of the project is extremely important. A good project seed will attract the participation of well-known institutions in the circle.
3. The technological innovation of the project, or a simple analogy of similar application projects.

It sounds idealistic when we say that, but in fact no one can guarantee that the project will really be good, White papers can be deceiving because there are cricketers, recognizing the team is not enough because it still won't find openness, look at the statistics on display Of course it can be manipulated for the benefit of the project.

[Kittygalore]

The team members also if possible have identification and they have some way to be reached out to like emails or a LinkedIn profile, most anonymous projects ends up being a rug pull that dupes investors. In terms of investment, they shouldn't ask too big for their investors in my opinion because if it's a legitimate project, they can start small and slowly build up while the funding also goes up.

[anggoro manise]

So far what I've learned, it's very difficult to find a really quality project. but there is 1 thing I think about, is where the project is advertised. because the place to market the product is very important, not only on bitcointalk but more on crypto related websites such as ico rating or coinmarketcap and others. the reason is if a developer dares to put an ad on the site is that they really want to make a big project and have the capital to start a project.

[just_Alice]

1. The team background of the project,.whether the founding team members have other technical or operational backgrounds related to the blockchain icon project. You can learn about it through official white papers, official websites, communities, and other channels.

Yes, team is very important, but this is not always that apparent. Sometimes someone completely unknown with no known background can turn out to be a genius, as well as someone well known can come up with a crappy idea. But generally, yes, if previous projects of the team were successful, these people most likely know what they’re doing.

2. The investment institution of the project is extremely important. A good project seed will attract the participation of well-known institutions in the circle.

Good institutional investment, indeed, can attract other investors as well. However, this does not guarantee that the project is good and will succeed. Investors often don’t know the tech behind the project, they mostly care about how much money it can bring to them. Blinded by greed, sometimes they fall for stupid projects or fraud.

[Clavulanic]

Mostly, the perspectives of everybody on newly launched projects was scam and not trusted platforms. This happened due to lots of accusations that caused a lot of confusions towards every person. We can't prevent that mindset to come out, because as an investor who look for desired project to entrust their money just to earn promising passive income, transparent business approach is a requirement. In order to correct all those negativities, they should also act accordingly.

[dothebeats]

It would be nigh impossible to detect a gem worth keeping with these criteria that you’ve posted. Most devs with no intention of pushing the project into an even better version of itself can fake most of these things very easily. Technological innovation is something that seems highly important but in reality, devs just use tech mumbo jumbo and add it on the project without having a single practical use. There are lots of those in the market, and you don’t even have to look in order to see a project that takes this route.

[adzino]

How to identify high-quality projects in the primary market?
1. The team background of the project,.whether the founding team members have other technical or operational backgrounds related to the blockchain icon project. You can learn about it through official white papers, official websites, communities, and other channels.
2. The investment institution of the project is extremely important. A good project seed will attract the participation of well-known institutions in the circle.
3. The technological innovation of the project, or a simple analogy of similar application projects.

1. You can literally write bullshits and no one will know. Don't just depend on the official white papers or the team. If never know if the team behind is fake or not unless they make themselves public.

2.Bitcoin or other well known altcoins few years ago didn't  have huge institutional investment. This doesn't mean those coins were bad.

3. Not sure what you meant by this. You mean have a use case that isn't already present? Then yeah, this is one of the most important factor over here!

[CryptoBuds]

How to identify high-quality projects in the primary market?
1. The team background of the project,.whether the founding team members have other technical or operational backgrounds related to the blockchain icon project. You can learn about it through official white papers, official websites, communities, and other channels.
2. The investment institution of the project is extremely important. A good project seed will attract the participation of well-known institutions in the circle.
3. The technological innovation of the project, or a simple analogy of similar application projects.

It is hard to estimate a good project, in an anonymous world you can't estimate everything perfectly, But some common criteria can help you to grow your notion.

You have to know the technical specifications behind the project,
For example, you can take Arweave($AR) which is a successful project that has grown up in our forum. Now do technical analysis with Arweave, they used a blockchain protocol-like filesharing & data storage, which is a cost-effective and unique project to store data permanently to the blockchain. another example is $ETH, it also has a solid technical specification.
you have to know the consensus algorithm of the project, for on-chain data storage services, the amount of hashing needed for consensus has to be lower, to make the service cost-effective.

Specific technical speculations have to be needed for a specific project, so you have to do technical analyses first before investing in any project.

2nd you have to know the team behind the project,
you have to do an analysis of the team, by doing this you will get to know the upcoming project's vision and their ability to grow up the project, their previous experience. It will also help to find out the scammer, cause scammer can make a fake portfolio with fack people, if you do proper team-analyses then you will be able to stay away from the scammer.

Don't relay only 3/4 points, with these, you have to stay away from the hype, you have to stay tuned with updated news, you have to be aware and technical otherwise there is a possibility of getting scammed by the shit project.

[michellee]

All projects you found in the market seem to be high-quality projects, but not all of them can be the next good project as time will tell which project can survive and give their best to their investors and people. There is nothing you can do to find that project instead of searching for more information, but even if you can get as much info as you can, that will not guarantee you to get the right project.

But select the existing project such as bitcoin or other coins that already launch their project to the market and have a history. You can see what they have already achieved so far on their website to analyze more and decide if that is the right project for you. I do not suggest you invest in the new project because we do not know their future. But if you want to invest with them, I can only suggest you be careful and only use the money you can afford.

[electronicash]

there are many of them that we thought to be a high-quality project, most of them failed. the one that you could consider is ETH. there are still doubters of the platform up to this day despite its achievement. the one thing that is good to do for the projects today is just buying them up when there is a bullrun and then dump it all when the bear returns.

[TheUltraElite]

How to identify high-quality projects in the primary market?

Fristly, if the project is a "high quality" project, they will not come to a niche section of the world like cryptocurrency to be funded. They would rather go in the fiat market and into private funding from VCs and probably be followed up with a public offering. This basic conception is lacking in the minds of the newbie crypto users - that is why this question pops up.

You are no position to identify top projects by just looking at them. VCs can do that because they have been on both sides of the table and they probably have been doing this for ages already. Moreover, there are under the table deals with VCs and advisors in order to make sure that they secure their profits before the projects is made public.

Just remember that if a project is trying to replicate a model that has been very successful in the fiat markets and this one is trying to compete with that using a crypto funding, the project will and surely will fail. Because this competition is impossible to overcome and time has taught us investors that.

[Assface16678]

I would like to add that if the project has been going on for about 2 or 3 years without being famous, there's a big possibility that the developers of that project are dedicated to making their project rise into stardom and be used by many users. Watch out for projects that capitalize on the fame of another older project that has the same formula, their likely to be a rug pull.

[zanezane]

I would like to add that if the project has been going on for about 2 or 3 years without being famous, there's a big possibility that the developers of that project are dedicated to making their project rise into stardom and be used by many users. Watch out for projects that capitalize on the fame of another older project that has the same formula, their likely to be a rug pull.

Could agree with this one and I don't know if @Assface16678 knows about it but that's like the journey that Axie Infinity has, they've been on the scene for about 2 years if I am right and now they're the talk of the crypto town. There's a lot of projects too that launched alongside the rise of Axie Infinity to as @Assface166788 said, "capitalize" with the fame to be a quick cash grab or better yet a competition.

[paxmao]

Your main criteria should be looking at the team: They have to be ugly, they are more motivated to be rich that way. Also, check if they are still living with their mothers, that is usually a sign that they do not have any ability whatsoever that the market is willing to pay for. Also, there has to be at least one girl, since several studies show that teams with at least one female tend to rise more capital and do it quicker. Lastly, would you put 100k on them? If not, why put 10?

[palle11]

2. The investment institution of the project is extremely important. A good project seed will attract the participation of well-known institutions in the circle.

This use to be a good point or still a good point. A good project really should attract partnership far and near. For example binance indicating interest in a project is likely the project has a good value. Although I have relied on this kind of point to invest in a project in the past but it later happened that the project wasn't successful and the partnership hype on the media wasn't totally sealed yet but the team used the advantage of discussion of the partnership to sell coins and ran away from discussion and causing investors huge loss. We still have to be careful with partnership until agreement is confirmed from the other party.

[kryptqnick]

If there are prominent figures who are confirmed to be involved deeply in the project (not simply as advisors because this can be bought), such as Gavin Wood being the CEO of Polkadot and also the co-founder of Ethereum, the project is probably a big deal and deserves attention. If a big institution that is already in the crypto business is involved (for instance, a big exchange launching their own coin), it's also promising. Other than that, it's really hard to assess a project because it's fairly simple to write a good whitepaper, pay good web designers for a solid-looking website, pay for a few promos by YouTubers and the media outlets to publish a couple of articles, and thousands of subscribers in social media are very easy to acquire with almost zero investment by launching an airdrop and a bounty campaign.