My roommate just got hired for some webwork from what I think is an upcoming crypto and I want to get in early, but I am not used to doing research on new companies, and I think the forum is blocking my post when asking about the company by name, so that is not going to work. How do I start on the basic research on a company like that to see if I should invest?
It is not easy to do due diligance about a project by a newbie in crypto. but it is certainly important to do that before investing.
Here are Few suggestions:
1: Verify their Team Members: make sure they are real persons, and not just copying other team's identities.
2: Verify their Token/Coin's audits: see if their token is audited by a trustworthy auditor such as CERTIK.
3: See if they have Good partners: Don't just belive them. check if the projects they claimed to be partners with also made the announcement or not.
4: check how active and supporting their community is. join their discord or telegram and see what other people talkinga bout them.
these are some basic things you can do. but even after all these some projects still turn out to be frauds. Basically there will always be some risks when investing in new projects. so keep this in mind whenever you want to invest.