Simple Checklist for Crypto Projects

team/company

  • How much total funds has the company raised?

  • Where is the company registered?

  • How many full-time employees does the company have?

  • Does the company provide employees' LinkedIn links?

    • Are they still working at the company?

    • Check the key employees LinkedIn

  • Who are the key investors for the company? To check this we have to check the investors' website.

  • Do the investors include any famous investors in the crypto space?

  • When is the company founded?

  • Who are the key partners for the company?

    This would be the difficult part since putting companies as a partner on a website is very easy even though there isn't a partnership between them. This step will be needed to some efforts to check the partnership is real or not.

product/competitors

  • Does the white paper have consistency?

  • What kind of issue will the product solve?

    • Does the issue need to use blockchain technology to solve?

  • Which network does/will the product use?

  • Who are the competitors of the product?

  • What is the difference between the company and competitors?

  • How long does the company develop the product?

  • Does the company show milestones (long term/short term)?

  • Does the company maintain some public repos?

  • Does the company conduct a smart contract audits?

  • Does the company have a clear plan for scalability?

  • Try a project/product

  • GitHub/Dev documents (if you have a software engineering background)

marketing/pr

  • Does the company have any Telegram groups?

    • How many people are there? + active?

    • How often does the community manager post?

    • Does the company be alert to scams? Unfortunately, there is no tool to assess a Telegram group since the group itself is managed by a company/a project. So this means that we will need to check conversations in a group manually.

  • Does the company have a Twitter account?

  • Does the company have a Medium account?

    • How often do they post?

    • Who does post an article? (marketing/pr | developer | founders)

  • Does the company have a GitHub account?

    • How many stars did they get?

  • Does the company have an official website

  • Does Lunarcrush have a link for the project

  • Does the company have a Discord?

    • How many people are registered? + active?

    • How often do the company people post something?

    • Does the Discord group support multiple language channels?

    Unfortunately, there is no tool to assess a Telegram group since the group itself is managed by a company/a project. So this means that we will need to check conversations/channels in a group manually.

  • Has the company conducted AMA?

    • If yes, how often? and which channel are they using?

    • Does AMA involve one of the founders or c-level people?

  • Do any influencers mention the company/project voluntarily?

tokenomics

  • How many tokens will be reserved for the team/investors?

    • How long will their tokens be locked?

  • What is the project's TVL(Total Value Locked)?

  • What does the token release schedule look like?

  • How many tokens will be air-dropped?

  • How many tokens will be in pre-sale?

  • How many tokens will be in public sale?

  • Will they plan to any IDO/IEO instead of ICO?

  • How much is the token price?

  • Are there any jumps/drops?

  • How many exchange platforms do list the token?