well, crypto is a vast space of various projects:
there are open source tech/community-driven projects
fun projects
scams ofc
and business generating companies
for a beginner it’s pretty hard to differentiate between them, my vision is to break down complicated aspects of crypto so everyone can understand it.
I want to protect investors from scams and break down my research, to make crypto more approachable.
For this I someday came up with the idea of my #moonranking
it is very hard to evaluate projects, market cap and volume are insufficient stats. so im still working on different parameters on how to make it more detailed.
but the basics are :
Silver is the lowest and the basic rank of mine, it essentially means “on my radar”. While silver ranks already made it to a smaller selection, it still is a very early and risky pick.
Gold picks are already pretty excellent, I only accept either very good performing test nets or at least a usable beta product.
The Team has to have a proven track record over many achieved milestones and token metrics, ideas, business use cases, and even better partners are needed.
Now, what makes a Diamond pick?
Unique Blockchain
To achieve the highest rating a project must be an ecosystem itself, meaning not an issued token on a different chain, but the chain itself.
Why? simply cause there is no higher value than enabling ecosystems for others or define a custom build ecosystem for yourself.
Business partners and use case
While there are many interesting science projects and use cases, to achieve Diamond a project needs huge business partners, major funding, and multiple dapps or products.
Solid ecosystem and tokenmetrics
while it is near impossible to achieve the above without having a superb ecosystem and tokenmetrics its still very very important.