Questions that i should do before investing on a blockchain project

in blockchain •  last year 

Hi community, i would share with you some questions that i want to ask to myself before investing in any blockchain project.

  • What is the token allocation? How many tokens will exist? is there scarcity?
  • Why do you think the token value will appreciate over time?
  • Are there any token burns planned by the project in order to reduce supply?
  • What value has a token holder and why people would want to have tokens?
  • Why are you willing to invest in it? Because it seems that anyone is talking about that project (youtube, reddit, telegram, etc..) or because you did a deep research?
  • Why the project is so special and should last for years from now?
  • Is the project a solid project with some proof of concept or with some demo?
  • Is the tram behind the project able to accomplish the good things described in the whitepaper?
  • Have you read the whitepaper? Did you understand what the project wants to do?
  • Why the project is better than competitors, if there is any?
  • Did you search if the project could be a potential scam?
  • Is there any solid company behind the project?
  • Why do you think the project will not fail?
  • Are they solving any real problem?
  • How good is their roadmap?
  • Did you search what the community and other investors think about that project?
  • Did you search the weak points of the project and what could lead it to fail?
  • Are team active on the project? Have you checked their github account?
  • How do you think you will profit on this investment? Dividends, shares, selling when price reaches a given price or selling after a certain period?

Do you believe in the project?


If you would like to suggest any other helpful questions to do before investing, please leave a comment and let the community knows.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  
  ·  last year Reveal Comment