04-12-2023, 07:46 AM
ok so what are your GREEN flags for a crypto project?
<!-- SC_OFF --><div class="md"><p>I posted yesterday asking what everyone’s RED FLAGS were for crypto projects and the top answers were:</p> <ul> <li> Anonymous team</li> <li> Meme names/emojis</li> <li> BEP-20 token</li> <li> Promise of high returns</li> <li> Zealous fans/aggressive marketing</li> <li> Not BTC or ETH</li> </ul> <p>Ok so now I am curious what everyone’s GREEN FLAGS are. What makes you think a crypto project (old or new) is worth getting into? For me it’s utility and by that I mean that the token has some function, even as simple as voting in a DAO, but ideally more than that. A great example was Helium (now largely dead) but it rewarded HNT tokens for providing IOT coverage. A great idea that didn’t pan out.</p> <p>Ok so what are your GREEN FLAGS?</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/GreatPaint"> /u/GreatPaint </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/12ilatg/ok_so_what_are_your_green_flags_for_a_crypto/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/12ilatg/ok_so_what_are_your_green_flags_for_a_crypto/">[comments]</a></span>
<!-- SC_OFF --><div class="md"><p>I posted yesterday asking what everyone’s RED FLAGS were for crypto projects and the top answers were:</p> <ul> <li> Anonymous team</li> <li> Meme names/emojis</li> <li> BEP-20 token</li> <li> Promise of high returns</li> <li> Zealous fans/aggressive marketing</li> <li> Not BTC or ETH</li> </ul> <p>Ok so now I am curious what everyone’s GREEN FLAGS are. What makes you think a crypto project (old or new) is worth getting into? For me it’s utility and by that I mean that the token has some function, even as simple as voting in a DAO, but ideally more than that. A great example was Helium (now largely dead) but it rewarded HNT tokens for providing IOT coverage. A great idea that didn’t pan out.</p> <p>Ok so what are your GREEN FLAGS?</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/GreatPaint"> /u/GreatPaint </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/12ilatg/ok_so_what_are_your_green_flags_for_a_crypto/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/12ilatg/ok_so_what_are_your_green_flags_for_a_crypto/">[comments]</a></span>