Before you choose to invest – and particularly if you’re investing in a brand new business that doesn’t already have an established business model and user-base – you should always ask yourself the following questions:
Does this venture really require blockchain technology?
If the project is open-source, are you able to look through the GitHub repositories?
Is the team information publicly available? Do they have sufficient experience?
Does the project have a well-designed website and an informative whitepaper?
Does the project have a clear roadmap and a timeline for investors to look at?
Does the mining structure seem fair, or does it disproportionately favor the developers?
Do you have more? Please add up!