Altcoins Talks - Cryptocurrency Forum
Archive => Sorting Box => Topic started by: NewspaperD2 on September 07, 2023, 01:06:55 PM
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Step 1: Tracking the Crypto Titans
First, compile a list of prominent VC funds to monitor, including Coinbase Ventures, Binance Labs, Andreessen Horowitz (a16z), Alameda Research, AU21 Capital, NGC Ventures, Jump Crypto, Digital Currency Group, Paradigm, Multicoin, Pantera, Framework Ventures, Draper VC, Polychain, and more. Then, follow the Twitter accounts of these funds, as they often retweet posts related to project fundraising rounds.
Step 2: Accessing Cryptorank
Navigate to the "Funds" section.
Search for the names of funds and their recent fundraising rounds.
Pay attention to project names to follow and the "category" section to understand which areas are receiving funding, such as Infrastructure, Web3, Cefi, Defi, GameFi, NFT.
Visit the project's website for more information and follow their Twitter accounts.
Alternatively, you can use different approaches, like selecting an investment fund's name, then tracking where the money is flowing based on your personal style.
For instance, if you choose Binance Labs, which ranks as tier 1, you can look at the "tokens" section to find projects listed on exchanges and the "Funding Rounds" section to see recently funded projects. This can give you insights into Binance Labs' focus, such as building infrastructure for Web 3.
Step 3: Experience Testnets, Retroactive Rewards, and Airdrops (if time and conditions permit)
For example, if Aptos is currently running a testnet, learn how to participate by following key opinion leaders (KOLs) on Twitter, YouTube, or their website for detailed guidance.
This can also be a strategy to position yourself favorably for the next bull run.
Step 4: Stay Updated and Keep an Eye on Active Projects During Downtrends
Read in-depth research reports on fund flows from various funds via Messari's research section. Stay informed through events like Messari Mainnet 2022 and Smartcon 2022 by Chain Link. These events are where project founders engage in marketing during the downtrend season and provide insights into their upcoming plans. This can help identify projects with good prospects for survival during tough times, such as DESO and Zecrey Protocol.
Create an Excel spreadsheet to track and evaluate your investment choices carefully. Plan your investments accordingly.