Holicent
VIP Contributor
Before investing in any project, you need to be sure that it is worth your money. The information about the progress of the project should be presented transparently and openly. An investor needs to check the following points:
1. White Paper. A good project usually has a clear, comprehensive, and well-structured White Paper. If you have doubts about how good a project's White Paper is, ask for more details. You can also ask for a short summary of the project or a video presentation of its main idea - this will help you understand the purpose of the project better.
2. Roadmap. This document contains information about each stage of the project's development, including milestones and deadlines that the team has set. If something looks wrong or unrealistic with these plans, it will not work out well in real life either.
3. Team Members and Advisors. A good team consists not only of experienced developers, but also advisors who have expertise and connections in working with startups or similar projects. Each team member should have a profile on LinkedIn and/or Facebook with links to their previous work experience or projects they were involved in; otherwise, you can assume that this person does not exist at all.
4. Social Network Presence.
1. White Paper. A good project usually has a clear, comprehensive, and well-structured White Paper. If you have doubts about how good a project's White Paper is, ask for more details. You can also ask for a short summary of the project or a video presentation of its main idea - this will help you understand the purpose of the project better.
2. Roadmap. This document contains information about each stage of the project's development, including milestones and deadlines that the team has set. If something looks wrong or unrealistic with these plans, it will not work out well in real life either.
3. Team Members and Advisors. A good team consists not only of experienced developers, but also advisors who have expertise and connections in working with startups or similar projects. Each team member should have a profile on LinkedIn and/or Facebook with links to their previous work experience or projects they were involved in; otherwise, you can assume that this person does not exist at all.
4. Social Network Presence.
