To start researching a Crypto project. What do we need to do?

What makes a project unique in the eyes of people？ Not a staking project that has a higher APY than others. Nor does one game have more players than the other. Not even a payment app with lower transaction fees than others on the market.

However, do not choose projects with unique features but do not bring high-use value. Ask yourself the question: Does this project have a unique novelty feature and bring value to the market？

• Tokenomics

Tokenomics is the element that needs to be spent the most time and effort when researching a project. Understanding tokenomics will help us estimate the price as well as grasp the practicality of a project, greatly contributing to helping make investment decisions later.

• Token Allocation

Each project has a different token allocation time, some choose before the launch of the project, some choose to sell it publicly. And usually, tokens will be allocated for the following purposes:

• Team: Tokens are kept for members of the founding team of the project.

• Seed/VC/Investors: Tokens are sold to investors at a favorable price.

• Private sale: Tokens are sold limited.

• Public sale: Tokens are sold publicly.

• Foundation/marketing: Tokens allocated for marketing the project

• Liquidity pool: Tokens are used to create liquidity pools.

• Staking/mining reward: Tokens are rewarded for staking/mining activities.

• Vesting tokens

Tokens will be returned to the buyer at different times. Ideally, tokens should be paid out in installments with a small number of tokens per payment. Because the longer the payout time, the less the number of tokens paid each time, the less the price of the token is affected.

Always keep an eye on a project's token return schedule. If a big unlock is about to happen, the

token price

can be catastrophically dumped.

• VC/Seed price

Find out the price of tokens that large investment funds are bought and compare it with the current token price. Tokens that are bought by investors at a good price and have gained many times at present will tend to be more profitable. With low-growth tokens, they will be more reluctant to sell. Should avoid investing in projects with a large allocation of tokens for investment funds.

• Practicality

What do tokens do for those who own them？ Some useful features that a good project should have

• Staking/boosted APY

• Discounts: reduce transaction fees

• Validation: participate in the validation and receive rewards.

• Team

Information about the development team behind each project should also be carefully researched before investing. Many different platforms for us to check information about the project's people such as Linkedin, Twitter or simply even Google, Youtube.

Besides, the way the team interacts with the users or the way they update the project progress information also helps us to have a better view of the project.

• Marketing

Twitter: how often the project post, how many followers do they have, how do they interact with their followers.

Telegram: is the telegram group active？ Answering questions shows professionalism. Is there any timely project updates？

• Catalyst factor

Some of the factors that catalyze the price of a token are:

• Product/Mainet launch

• Central Exchange Listing

• Collaborations with other projects