What questions to ask about a crypto project

Jul 10, 2023
As a Forum member, before investing in a crypto project, it is important to ask the following questions:

Research - How much research have you done on the project? What is the team's experience? Are there any reports or whitepapers available for review?

Team - Who is behind the project? What are their backgrounds? What experience do they have in the cryptocurrency space?

Goals - What are the project's short-term and long-term goals? How will they be achieved?

Tokenomics - How will the tokens be distributed? What is the token's purpose? How will it be used?

Security - Is the project safe and secure? Are there any security measures in place?

Regulation - Is the project compliant with local regulations? Are there any risks associated with regulatory compliance?

Competition - What is the project's competitive advantage? How do they compare to other projects in the space?

Risk - What are the risks associated with investing in the project? What steps have been taken to mitigate these risks?

Roadmap - What is the project's roadmap? How will the project evolve over the coming years?

By asking these questions, Forum members can gain a better understanding of a crypto project and make an informed decision about whether or not to invest.