Recently, some disappointing ICO projects have emerged. It's time to adopt a more sensible investment strategy. How to protect your funds using CryptoRank? 👇 1/ Go to the "Upcoming ICOs" page to discover new ICO projects. You can filter projects by project type, blockchain, category, total funding amount, etc., choosing the filtering method that best suits your preferences. You can also use the built-in Moni Score widget to evaluate projects on X Account. 2/ Next, open the project page to view its previous funding rounds. You should focus on those with a good track record of investing in Level 1 or Level 2 funds. If a project has no previous funding rounds, you need to be more cautious. Our interface will also display the total funding amount, valuation, and other details. 3/ On the same page, research the project's token economic model. We will display information such as token allocation details, initial market capitalization/final market capitalization, and circulating supply. Pay special attention to team allocation and token unlocking plans. You need to lock up the team/advisor/fund's tokens so they can't immediately sell them after the Token Generator (TGE) ends. 4/ Some projects will have a "Team" section. Investigate the team members' previous projects. If they've been involved in questionable or failed projects, it's definitely a red flag. Additionally, check their LinkedIn or X platform activity: inactive or newly created accounts can also be a warning sign.
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