TIPS FOR CHECKING IF A PROJECT IS STILL ACTIVE OR "DEAD"

[NewspaperD2]

Economic difficulties, political instability, and a series of "Black Swan" events in 2022 have caused the investment portfolios of many crypto investors to shrink significantly. Some projects have even split their tokens by up to 100 times, with founders and developers abandoning their projects, and exchanges delisting them, among other issues.

So, if you are still holding tokens in your wallet and have no intention of selling (because selling wouldn't yield much profit due to the significant decrease in value), the question arises: "How can you determine whether the project behind the token you're holding is still active or if they have completely stopped developing the project, leaving the community to fend for themselves?"

Okay, let's go through a quick check using this method.

STEP 1: Go to Coingecko or Coinmarketcap, and search for the name of the coin/token you are holding to find basic information about that coin/token. The price doesn't matter much; what's important is finding a section called "GITHUB" for the project. (If there is no Github link on these two websites, join the project's Telegram group and ask for it.)

STEP 2: Click on the Overview or Repositories section and check if there have been recent updates pushed to the project's Github repository. Look at the timeline (see attached image).

STEP 3: If you want to see more details about a specific part, click on it and then go to the "Insights" section to see more details about the developer's code updates.

STEP 4: Check the project's Twitter channel and Telegram group to see when the project last tweeted and the level of interaction from global admins. Check the website for any UI updates or if it's still using the same interface from the time it was listed on exchanges. Check the Discord channel to see if the moderators are still active by asking some simple questions.

So, with these simple steps, you can determine if a project is still active or not. For me, someone who isn't an IT or tech specialist, my basic criterion is if there are updates, it means someone is still working on it and it's still active, at least in that sense. Although I may not understand much about the code on a project's Github repository, regular code updates give me a sense of confidence compared to projects that haven't updated anything for 3-6 months on this platform. In such cases, there are only two possibilities: either the project is so perfect that it doesn't need any updates, or the developers have abandoned the project.