🔍 How to Research a Crypto Project Before You Invest

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Doing your own research (DYOR) is a golden rule in crypto investing. Before putting money into any project, make sure you understand what you’re getting into.

Start by reading the whitepaper. It should clearly explain the project’s goals, technology, tokenomics, and roadmap. If it’s vague or full of buzzwords, be cautious.

Next, examine the team. Are they doxxed (publicly identified)? What’s their experience in blockchain or business? A strong, transparent team is a positive signal.

Check out the community. Are they active on Twitter, Discord, or Telegram? A vibrant and organic community can be a good indicator of interest and longevity.

Review the code. If it’s open-source, browse the GitHub repository. Frequent commits, active development, and external audits are signs of a serious project.

Look at token distribution. Who holds the supply? Are there whale wallets that could dump the market? Is there a vesting schedule for the team?

Lastly, assess utility. Does the token solve a real problem? Is it integrated into real-world platforms or services?

Doing thorough research can help you avoid costly mistakes and identify projects with genuine potential.