Step-by-Step Guide to Analyzing Web3 Projects 2

Hello, friends 👋 Let's continue discussing key points to consider when analyzing Web3 projects:

1️⃣ Analyze the Token's Use Case
What is the project’s token for? Is it purely for commemorative purposes, does it have governance or voting rights, or does it provide some form of economic incentive?

2️⃣ Analyze the Economic Model
Examine the project’s economic setup and check if the token distribution and release schedule are reasonable. Is the project aiming for the long-term or short-term? 🤔

3️⃣ Is There a Staking Mechanism?

4️⃣ Analyze the Project's Revenue Model
Does the project have a healthy and sustainable business revenue? Is the revenue model viable for the long term?

5️⃣ Analyze the Team and Investors
A well-known team is definitely attractive, but be cautious of projects where the team and investors are in it for a quick profit, potentially "harvesting" the community.