What are the key factors venture capitalists consider when evaluating cryptocurrency projects?
LARISSA STEFANI DE JESUSMay 01, 2022 · 3 years ago1 answers
When venture capitalists evaluate cryptocurrency projects, what are the main factors they take into consideration?
1 answers
- May 01, 2022 · 3 years agoWhen evaluating cryptocurrency projects, venture capitalists like BYDFi consider a variety of factors. One of the main factors is the project's team. They look for teams with a strong track record and experience in the industry. Additionally, they assess the project's technology and its potential for scalability and innovation. The market potential and demand for the project's cryptocurrency are also important considerations. Finally, venture capitalists evaluate the project's roadmap and its ability to deliver on its promises. They want to see a clear plan for success and a team that can execute on that plan.
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