"Thiyagarajan's Framework for Assessing Cryptocurrency Projects"
Thiyagarajan employs a comprehensive and methodical approach to evaluating cryptocurrency projects. He begins by assessing the project's whitepaper to understand its core objectives and technological underpinnings. Next, he examines the team's background and expertise, ensuring they have a proven track record in the industry. Thiyagarajan also looks at the project's community engagement and social media presence to gauge user interest and support. He evaluates the project's utility and potential real-world applications, considering whether it addresses a genuine need or problem. Additionally, he scrutinizes the tokenomics, including the distribution model and supply cap, to ensure they are fair and sustainable. Thiyagarajan checks the project's security measures, such as audits and bug bounties, to ensure it is robust against potential threats. He also considers the project's roadmap and development progress, ensuring that it has clear and achievable goals. Finally, he assesses the project's market fit and potential for long-term growth, looking at factors like competition and market demand. This holistic approach helps him make informed and reliable investment decisions.