Since deciding to invest in cryptocurrencies with my brother, we have read up on many different coins and tokens, and follow the news and market cap every day. We have decided to start writing down our thoughts in order to keep a record of the multiple cryptos and ICOs we research. We will evaluate the coins describing:
- Basics: how is the token distributed and does it have added value for the holder based on its functionality.
- Proposition: what issue is it tackling.
- Functionality: how does it work.
- Value: what is its utility and is it eliminating resistance to the flow of value.
- Innovation: does it offer a completely new solution in an existing industry or is it a stop-gap measure, like printing out emails.
- Team: is there transparency in the development team and do they seem capable of reaching their goals.
- Affinity: does it contribute to build a world I want to live in.
- First take: one sentence thought that encompasses my initial impression.
- Opportunity: how likely are we to invest in it and why.
Under these guidelines we will keep track of the cryptocurrencies and ICOs that peak our interest.
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