Quick answer: Social Media.
Disclaimer: I am not a financial advisor. The content of this article is purely for educational/research purposes only and is merely based on own research.
** Things to note**: My research is NOT about the next Crypto Gem, such as the next Bitcoin/ETH/Dogecoin. But on the next Defi Dapp Gem and where to find them. I’m all about earning money in the fastest way, and I firmly believe that a good Defi Dapp can go a long way by bringing profit consistently. You can reap from both token capital gain as well as the high interest earn.
1) Medium
Most of the Dapp developer has chosen Medium to post their project’s roadmap and the future plan/updates details. You can easily access and read the updates, understand the terminology or concept behind the project and most importantly, you can tell if the developers are genuinely putting effort into developing the Dapp by reading their detailed Medium article.
Not to mention there are retail investors such as myself who will often post Medium articles on the interesting projects they have invested into. At the same time trying to earn affiliate links from readers. If you are new to the Defi world, I would recommend you to just take your time and read as many articles as possible in Medium to understand the concept and explore the different Dapp out there.
2) Youtube
If you don’t like to read or prefer visual and audio information. Youtube will be the perfect place for you to source the best and interesting Defi projects. I do not have a Youtube channel but perhaps in the future, I might create one. If you do not know which Youtuber to subscribe to, the list below might help, these are some of the YouTubers that I personally subscribe to because of their genuine motive, to help everyone earn steady passive income.
Crypto Phil Passive Income
Defi Donut
Hidden Gem Network
Jesse Eckel
Tactical Investing
The Calculator Guy
3) Dapp.com / DappRadar.com
Essentially these website allows users to explore the hottest and the most interesting Dapps in the market. However, please be cautious while exploring as some of them might turn out to be scams, so please Do Your Own Research.
You can filter by the different chains as such (BSC, Polygon, Avax) or even filter by the most Total Value Lock (TVL). Feel free to tweak the setting to explore more.
4) Twitter / Telegram Channel / Discord Channel
Assuming you have found several interesting Dapps to invest in, but before joining. I would urge you to join their social media account and talk to the developers and the communities before investing, get to know how the Dapp works, find out what is the best strategy to get the most profit and make new friends perhaps.
Another way for you to find different Dapps is to ask the communities which projects they personally aped into. They might recommend you some hidden gems and earn money together.
EndNote
Finding a Defi project is not difficult, but finding a good Defi project that gives high returns in the long term is extremely difficult. I hope the options above allow you guys to find good Defi projects over there. In future articles, I will share how to prevent Defi projects scams and rug pulls, and share some of the projects that I have invested in. Let’s earn money together.