"In a world full of opportunities, the only thing missing is an eye to discover value"
How to capture industry trends and find "potential" projects at the initial stage of the project? Today, let’s share some effective information channels and practical tools : To find "potential" projects , we must first have an overall idea. These three parts are very important :
Broad Access
Efficient screening
Stay tuned
Twitter A lot of project information comes from Twitter , where various investors, tech geeks and KOLs are active. These senior people will often publish some promising projects or knowledge of the industry, or announce the development direction of their projects, the solutions launched, and the latest cooperation plans.
As long as we pay attention to the attention, reprint, and likes of these people, we can find some directions.
There are roughly three types of accounts:
Investors and founders : such as: a16z , Three Arrows Capital, Coinbase Ventures, Binance Labs, Pantera Capital , etc.
Public chain publicity accounts : such as Solana, BSC, Matic , etc.
Active Veterans: From the two Twitter watchlists above, you can find people who regularly post unique insights on an industry or product.
Recent " financing information " is also the key to obtaining industry hotspots. You can follow the financing information of information platforms such as Golden Finance and CoinVoice .
If you do the above two points, you can have a clearer understanding of industry hotspots and development trends.
In this process, you can also directly select a more promising track and pay attention to multiple items of this track.
Select relatively excellent projects from a wide range of projects , and comprehensively measure them from three aspects :
Mainstream capital :
Usually, at least one well-known investor leads the investment. Check which capitalists are involved in the leading projects on the market. Or check the employer information through Block123 .
Team experience :
This is mainly to check whether team members have experience in related industries, or have greater influence in the community. Don't be fooled by irrelevant glamorous backgrounds.
example: the chief architect of the NFT public chain Flow has created and released the ERC721 standard.
Product features and public opinion verification :
Clearly understand the advantages and features of this product compared to related products, and whether there is anything very unique. In the process of widely obtaining information, it is easy to have a more intuitive feeling about this point.
Combined with the third-party evaluation of the community, cross-validate whether these advantages and characteristics really exist.
Among the above three points, it is not necessary to be excellent in all three, at least two points are good .
After selecting a project that needs attention, it is necessary to continue to pay attention to the new developments of the project. Learn about its recent development direction, cooperation, new breakthroughs, etc. This information is usually available on the project's Medium, Twitter, and Discord .
Recommend several more advanced tools to help you discover "potential" projects.
Coinparticle
Visually analyze the data of different tokens, and quickly compare the data of different "tokens" . ( Website: Coinparticle.com)
Dexscreener
Observe real-time market dynamics, Monitor real-time transactions, view general market trends, and set price alerts for different tokens . (Website: Dexscreener.com)
Defillama
Monitors the TVL (total value locked) of projects on different chains, and its Map/TVL ratio shows which projects are undervalued. (Website: Deflamma.com)
Nonfungible
It is a data analysis tool for NFT, you can see the transaction data of various NFTs. (Website: Nonfungible.com)
Dovemetrics
funding information and VC dynamics in the crypto space . ( Website:Dovemetrics.com)
Tokenterminal
Many project indicators are provided, and project data can be quickly compared. (Website: Tokenterminal.com )
DeepDAO
For DAO's treasury analysis platform, it captures and analyzes DAO treasury data and provides a series of metrics. From it, you can easily see the reserves and changes of a project's treasury. (URL: DeepDAO.io )
Some of the methods and tools for screening projects are described above. Hopefully, with these tools, you can build a unique insight into the industry.