How to distinguish a good crypto project from a bad one

cointelegraph.com:

The world of crypto can be a daunting place to adventure in and with the inherent risk of capital, figuring out how to distinguish a good project from a bad one could be the difference between a bumpy ride or a smooth journey.

Here are 10 data points to help you figure out whether a project could be worthy of investment or should be desperately avoided.

The utility of a crypto project can be the difference between a successful or unsuccessful project tenure. The reason for this is that value-added longevity is a vital part of determining a cryptocurrency’s likelihood of surviving — after all, if there is no value to be had, what is the purpose?

Without a purpose and value, demand can drop, and eventually, the project may cease to exist — especially when times get hard and a bear market hits.

Now, this one may seem like an odd pick, right? However, this becomes an important aspect based on the ratio of token holdings compared to the ratio of top holders.

So, suppose you find a project, and 80% of the tokens are held by the top 100 holders. In that case, the likelihood is that the majority is team distributed or that whales hold the majority and can easily manipulate price action as a result.

Having eyes on a project is certainly an important aspect. Quite simply, marketing is required in any expansion, whether that be investments, driving engagement or building a community or product. It can often be a hassle to keep up or track all the announcements from a budding project. Using data aggregators can help you keep up with announcements and any changes to projects.

For a project to gain the trust of potential investors, valid token distribution is imperative. Poor token distribution can lead to a concentration of tokens, a lack