Many projects are meaningless.
· In the crypto space, there are thousands of projects, and not all of them are really useful.
· Many have beautiful covers with incredible plans / roadmaps that will never materialize.
So how do you distinguish between a design and a really good project?
Before purchasing project tokens, you should ask yourself the following questions:
· Is this team real? Who are these people? What experience do they have?
· Who supported the project?
· Is their valuation reasonable and what problems does the project address?
Venture capitalists make money by investing in private equity rounds
· Always remember that venture capitalists make their money by investing early in token seed and private placement rounds.
· You may think you're going in at a low price, but VC is going in at 20 times lower.