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What instantly turns you off to a crypto project?

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by COINS NEWS 134 Views

As we say farewell to 2022, I thought it might be a good idea to crowdsource a basic list of red flags when considering an investment in a new project.

A few of mine:

  • Excessive use of emojis in sales pitch

  • Absence of a detailed roadmap

  • Promise of a ridiculously high yield

  • Core team members described as "fully doxxed" rather than "open to public scrutiny" or similar

  • Poorly defined usecase with no clear advantage over existing projects

  • Mobile apps that are embedded with trackers and advertisements

submitted by /u/zoomercoomer9000
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