How to Spot a Legit Crypto Project on Telegram
Although there's no guaranteed way, these tips can help you recognize trustworthy projects on Telegram and $TON.
➡️Verification: First, check if the project is listed in the Telegram App Center and if it has a blue verification badge.
➡️Connections: Look at who’s following them—whether it’s me, the TON Blockchain page, or prominent figures from TON on X.
➡️Mentions: See if the project has been highlighted in the TON Blog or mentioned in official X posts.
➡️Transparency: How open is the project? Are they clear about their operations?
➡️The Team: Research the individuals behind the project—knowing the team can provide insight into the project's legitimacy.
➡️Community Interaction: Projects that often engage in negative or hostile behavior towards others may be a red flag.
➡️Venture Capital: Check which venture capital firms are backing the project. Some firms are known for long-term investments, while others may just be seeking quick profits.
➡️Social Presence: Observe the project’s activity and engagement within the community.
➡️Airdrops: Verify if they’ve announced or confirmed any airdrops.
➡️Track Record: Look into the past endeavors of the project’s founders.
➡️Endorsements: Consider who is promoting the project—brand ambassadors can say a lot about its legitimacy.Lastly, don’t feel pressured to get involved in projects that don't meet some of this criteria because of FOMO.