Let's go straight to the standards. The standards are divided into two parts: threshold standards and advanced standards.
1) All threshold standards must be met, otherwise the research will not be considered as a hundredfold standard.
2) At least 3 of the advancement criteria must be met.
If this project does not meet the threshold standard for a 100x coin, or meets the necessary conditions but fails to meet the three advanced standards, but is still a good project after preliminary research, then it may be a coin that can increase dozens of times and also requires special attention.
1. Threshold conditions
1. Current or estimated market value range: between 2 million and 200 million US dollars. If the market value is less than 2 million US dollars, it is difficult to have a market consensus, and it is difficult to obtain too much analytical information online and offline. Unless the founder is your sworn brother-in-law, it is better to give up on the project in the fog. If the market value is higher than 200 million US dollars, it is not to say that there is no chance. How can it grow 100 times to 20 billion US dollars so "blatantly", is it your turn to study such a project? Google is full of research.
2. Is it a new coin? A new project that has not experienced a complete bull-bear cycle. There are too few examples of old coins being reborn. It is better to talk about time travel than rebirth. In the last bull market, Bitcoin and Ethereum have already exceeded their previous highs by a large margin. BCH, LTC, and XRP are all like dead fish. It is not that they have not skyrocketed several times. In a bull market, if the increase cannot even exceed Bitcoin, it is better to buy Bitcoin and Ethereum. What is the point of playing a hundred times? The superficial reason is that everyone will feel that there is a locked plate, so it is difficult to pull the plate. The fundamental reason is that most of the old encryption projects are about a Cheng Yiyan gold finger story of a jackpot. In essence, there is no fundamentals at all, and the main thing is to tell a story. So instead of listening to the old story, it is better to listen to the new story and watch the hundred-fold coin rise from the ground.
3. Track innovation - has a new track been created? No innovation, no 100x, it's that simple. Based on the old story of an old project, whether it is incremental improvement or powerless repetition of dreams that have not been achieved before, it is difficult to create a myth of a 100x turnaround. You may argue that some projects, such as FIL's dream of decentralized storage, cannot be realized for the time being just because of the immaturity of packaging technology; such as HNT's dream of the Internet of Things, just because distributed IoT devices are not widespread enough, such as the story of the metaverse, just because VR, network latency, token economic system, transmission and storage and other infrastructures have not been successfully built. As long as these projects are essentially able to solve problems, tell the old story again, or hype some small innovations, is it impossible to increase a hundred times? I still believe that without substantial innovation, even the "inevitability" of first-order innovation will hardly arouse the market's enthusiasm for a hundred times fomo. It would be better to change the track to other new projects and then tell the story of new projects.
2. Advanced conditions
1. Difficulty in spreading to the public Projects that have clear logic and clear scenarios from the beginning are like shining stars on the sea. Although they attract attention, they are often quickly captured by explorers, and their value is quickly absorbed by the market, with limited room for appreciation. The real 100x coins are like treasures hidden in the undercurrents of the deep sea. They may be unknown at first, even misunderstood and ignored, because they carry a certain mysterious veil that makes people daunted. It is these problems and doubts that make them cheap at the beginning, leaving room for future "turnaround" and explosive growth. In this deep-sea expedition, few people know and even fewer people believe. These hidden treasures maintain their low value before being discovered by the public. But once discovered, they may become the legendary giant pearls on the seabed, bringing incredible rewards to brave explorers.
2. Luxurious financing - Is there any well-known institution investing? With a godfather, you can walk sideways. Whether it is Matic, the son of Sequoia with a golden key in the early stage, Axs, the son of BN born in a golden cradle, or Sol, which was crowned by A16Z later, there is no need to elaborate on this. Of course, I prefer not to make too large an investment from too well-known institutions in the early stage. A small investment will give you more opportunities.
3. Awesome team and supporters - team composition, the energy and influence of the founders or backers behind the scenes. This is the same as the previous point, especially for tokens with a centralized tendency of the project party that is not issued by a fair party. If you can rely on the big thigh, it is easy to exert centralized influence, and if you are the big thigh, there will be a greater halo effect.
4. High market cap limit - benchmark the top projects of the same type and predict the upper limit of market cap growth. Cryptocurrency speculation is a numbers game, so since you have dreamed of a hundred times, why not benchmark Longyi? Of course, in addition to L1, don't imagine that your target will surpass Bitcoin and Ethereum for the time being. In addition (in addition to Longyi corresponding to this track, different tracks also determine the upper limit of your investment target), Longyi in the L2 track and Longyi in the education sector are not the same. Of course, it is also possible that this track may come from behind in the bull market of this track, and the overall market value of each track may rise as a whole, so a comprehensive analysis is required.
5. Excellent economic model - whether there is a unique economic model and circulation mechanism, the seed round price of institutional investors and the distribution ratio (dual currency model, unlocking time, etc.) If the above four points are macro standards, then the next two points are micro standards. After the narrative shell is in place, the next key issue is the supply and demand of tokens. A high-quality economic model must find an equilibrium point based on the type of project and the time of coin issuance, use heat to resolve selling pressure, and use time to exchange for space. From the perspective of currency speculation, we must praise FIL of that year. If you are a currency speculator, it’s pretty cool. The high price has been maintained for a long time, relying on economic models such as pledge lock-up to avoid market selling pressure. Of course, if you are a miner, it’s a bit miserable. Of course, in this article, we only select projects from the perspective of currency speculation.
6. Adequate empowerment of tokens - whether the tokens can capture the value generated by the project (staking, burning, use, governance). I have said this too many times in previous programs. Empowerment, destruction, those who understand will understand, continuous issuance, especially gaming projects, is actually quite scary to think about. There are very few projects that can support continuous issuance and unlock a large number of tokens.
7. Active community - community atmosphere, cohesion, and activity (including retail investors and developers) can reflect crypto fundamentalism. The last point may be particularly in line with various Fair Mint tokens led by BRC20 in the past six months. Especially in the early stage, the community is much more important than the previous standards. Rats is a project that was purely hyped by the community. The next one may be AMB, so Pi, which was previously criticized by thousands of people, may have found the best track for CX through BRC20. Having said the basic standards,
8. There is another simple method that is safe and efficient, which is to pay attention to the exclusive projects of the top exchanges. As the exchange's coin listing team has a unique vision and project review capabilities. These carefully selected projects can help its users avoid pitfalls relatively accurately and get started with high-quality potential projects as soon as possible.
The coins on Binance's lauchpad not only meet the conditions of the initial standards announced in 2019: the project development is at a relatively mature stage, has the conditions for large-scale application, has a strong and persistent team, and has the potential to promote the growth and development of the entire cryptocurrency ecosystem. And these coins are exclusively sold by large exchanges, and they have invested heavily and participated deeply. Many projects advertise themselves as being incubated by Binance Labs. In popular terms, they are Binance's own sons, but most of these sons are illegitimate children left by the licentious emperor. You must know that Binance Labs has now incubated more than 200 projects, covering almost all areas of the crypto market, including: infrastructure, public chains, NFT, GameFi, Metaverse, DeFi and CeFi, etc. You can see that this is the main feature of casting a wide net and making miracles with great effort, so some people want to follow a Binance incubated project from beginning to end, and may be able to survive a Liu Huangshu, but the greater probability is that they will live in the slums of Naples for their whole life. However, only a few of them can actually be put on Launchpad. As you can see, only four have been released after the end of 2022, so Arkham, edu, id, and hook are all worth paying attention to.
