Which Crypto Presale Should I Participate In? Evaluating The Teams

Dozens, maybe hundreds, of new tokens and coins are released every day. If we classify these projects in general: Meme, DeFi, NFTs, NFT games.

We cannot use exactly the same criteria when evaluating projects in different fields. Because each field has its own characteristics.

But they have something in common when evaluating projects in all fields. Teams.

The common and most important point of all projects is the structure of the teams.

As the idopresales.com team, we follow hundreds of projects closely. We will share the information we have gained based on these experiences.

1-Anonymous Teams

Being anonymous is a normal thing in the crypto world. The teams of many major projects are anonymous. Decentralization and anonymity are valued concepts in the crypto world.

But you should remember that these are the riskiest projects. Because the website and social media accounts can be closed and the project can be abandoned. In this case, investors cannot find an interlocutor.

Teams that want to remain anonymous can use the KYC service. In this way, they remain anonymous and investors feel safe.

Therefore, if the identities of the team are not known or they do not have KYC verification, that project is very risky.

In some projects, only photos and social media links are put as team members. That doesn’t make them doxxed. You need to research them.

2-Teams that don’t care about the investor

These types of teams are not scammers. Some of them are people from the classical business world. Their only goal is to raise funds to bring their projects to life.

These types of teams are not very interested in the token after the presale. Those who invest in the projects of such teams usually lose.

Because the logic of these teams is different. They don’t care about their investors making a profit. The main goal is to raise funds from you.

It is a little difficult to spot these types of teams. But if you do, think twice.

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3-Teams that killed their own project

These teams have good intentions, but they kill their own projects with big mistakes. The reason for these mistakes is sometimes inexperience, sometimes the desire to control everything.

These teams can make mistakes in many different ways. The most common mistakes and experienced examples (project name will not be written):

–Trying to control the market by playing with tax rates:

They want to set a high tax rate and prevent dumping. But no project I’ve watched so far has been able to achieve this. Even after normalizing tax rates, there was a bigger dump. And the projects did not take off again.
Because if you block trade with high taxes, many people think that project is a honeypot or a scam.

Also, the main mistake of the project owners is that they think the presale investors are the enemy who will dump against their token. In fact, it is the presale investors who bring the token to life. And the rules of the game must be clear, the rules are not changed at the last minute.
Come on, crypto= freedom+decentralized. With what mind do you think you can control people? And who gives you this right?

Also, the main mistake of the project owners is that they think the presale investors are the enemy who will dump against their token. In fact, it is the presale investors who bring the token to life. And the rules of the game must be clear, the rules are not changed at the last minute.
Come on, crypto= freedom+decentralized. With what mind do you think you can control people? And who gives you this right?
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–Lack of communication and group management:

Some teams don’t realize how important communication with the community is. For example, they do not control the group and are not interested in the pre-sale or launch day.

They do not respond well to questions asked. They do not share their work (marketing, etc) with the community.

They make important decisions for the project without consulting the community. They don’t even talk about these decisions to the community.

–Inexperience and wrong decisions:

I’ve seen some projects: product-based, hype, large team, a registered company, etc. But the team can kill the project with wrong decisions. These mistakes are due to the team’s inexperience and inability to manage communication.

So what qualities should teams have?

The community should be informed about the project at every step.
The community should be consulted when making decisions about the project.
It is good to communicate directly with the community via video/voice chat. (Some investors care too much about this. They even accuse those who do not voice chat with scam. This is definitely not true. I have seen many projects that do video chat and scam people.)
Questions should be answered patiently.
Against accusations (team selling tokens etc) should be answered with explanation and evidence.
It should be able to distinguish between the fudders and the investor asking questions. Not every questioner should be called a fudder.
Crypto doesn’t have math, especially presales. Do your research well, don’t dive all-in on a project.
Crypto doesn’t have math, especially pre-sales. Do your research well, don’t go all-in on a project.
If you do your research well, you will mostly gain, even if you lose on some projects.