$How do you research crypto projects? how based your DYOR is the best you could do?
There are some questions I ask before investing. Please, read again. Investing. Not gambling or leverage trading.
1. What the project of that coin actually do? What real problem solves?
Here are two parts:
a. the primary value of the project/coin
The relevant question here is: If you had to make this coin the worst ever, what function or feature would you have to remove from it?
Answer this question, and you have the primary value of the project.
b. the secondary value
Write down the other functions and feature and you have the secondary value of the project.
2. What makes the coin to be attractive for investors?
a good project should check as many from the list bellow:
a. fixed suply;
b. for all of the coins/tokens to either be realesed, or on a slow and steady release schedule (to avoid token inflation);
c. wide distribution of the coins/tokens;
d. high trading volume;
e. a large and growing base of users;
f. a large total addressable market;
g. the ability of earnings.
More of these check, the better the project.
3. How does the project/token appeal to users?
Or, what can users do with it?
As an example the $RNDR network allows graphics artists to access extra compute power over the internet, so they can generate and export large 3D files, without having to buy a super computer.
I hope it was helpful for you! I wanted to share this as a result fromy research on other platforms.
Btw, I believe $RNDR will be huge. But DYOR. It is not investment advice.