After two years of engaging with NFTs, I have summarized a methodology for evaluating projects:
1. Team Background (30% Weight)- Is the team Doxxed (public identity)?
- Previous project experience
- Social media activity
- Is it recognizable?
- Does it have cultural significance?
- Is the community fond of it?
- Discord activity
- Holder distribution
- OG ratio
- Is it feasible?
- Does it have innovative points?
- Team's execution capability
- Anonymous team + high mint price
- Over-marketing with lack of substance
- Concentration of holders
- Plagiarism of other projects
Remember: 99% of NFTs will ultimately go to zero, only invest in what you truly love!
