Criteria for supporting a new altcoin project

[TomPluz]

There can be a big money that can be made by new altcoin projects especially if they can be able to capture the financial support of a number of people...

Some of these projects getting in millions of dollars into their pockets...but sadly many of them are just me-too projects with nothing new to offer but just here to grab a piece of the available market and then just let the project sail into the unknown...or worse there can be a rug pull much to the dismay of small investors who can end up holding something that has no value at all.

This is a sad predicament of the crypto industry though there can also be some exemptional ones who will fulfill what they promised.

Now, what are the possible criteria you are following in evaluating new projects?

[aiviaa485]

An experienced and solid team of developers who can make any new cryptocurrency project a success.
Suppose the #DevelopmentTeam  is one who has a good name in the cryptocurrency space such as Vitalik Butterin.
If only Vitalik Butterin created coin A, surely well-known developers would also be beside Vitalik, including big investors or well-known public figures.

[MUGNIA]

#DevelopmentTeam  and community where a solid community will create continuity in the promotion of the token, here the real community is not a community that just wants to get free coins

[Kaplusha0]

The project must have an innovative idea and a very useful application of technology now and in the future.
I would suggest paying attention to what kind of community the project has.
How active it is, what kind of feedback the project has from real users. Whether the project removes bots. I chose Amulet Protocol based on these criteria, a very promising project with a large, active community. Amulet it is a decentralized risk protection protocol for the Rust-based ecosystem.

[Cadaver20]

I am not a crypto expert. Here I am just expressing my opinion. I look at the following criteria to evaluate a new crypto project.
 1. Team member of the project: Must be well reputed and trusted.
 2. Whitepaper and roadmap of a project: See how realistic it is.
 3. Social media of the project.

[mu_enrico]

For quick bucks, the key is the funders/backers. Let's say the coin will be traded on Binance Launchpad and supported by CZ, it should be an easy pick. If there are no such signals, then:
- Look at the code and infrastructure, is it just a simple code fork, or there's some innovation?
- Are there business licenses or some kind of legality?

[Ghozrd]

There are many new projects which are Hype at the moment, ETHW and Dex exchange they have (LFGswap) I am not promoting this project, but community is needed to build the project, then when the number of requests increases, the price will go up, lots of new projects out there with a better payment idea, but don't have  solid community.

[Bobcrypto]

I have two best criteria for supporting a new start up project. If you are intending to invest in an ICO then first things to do is read the project’s whitepaper. The main reason is to assist investors to understand the project, get the solutions or make decisions.
Secondly, know the Project Team and their experiences: this essentially means you need to know who is behind the project. Research them and establish whether they have the expertise necessary for the project.

[fimid]

How can I take some time off from mining in general? Even playing board games makes my hands tremble when I view the course. It's wonderful to have something to do when I get bored by watching the cryptocurrency exchange rates. When I want to earn more money, I spending time at rollercoin.com, but I typically meditate or practice yoga. 

[MrSpasybo]

I am only interested in projects with a transparent team, large investment funds and good ideas for current market issues. If it is layer0 or layer1, I will trust more because it is the project that will be at the top of the big ecosystem in the future. Ethereum, BNB, NEAR, Flow, Cardano, Solana, Fantom, Celo… are the projects that I am following during crypto winter.