What are the key factors venture capitalists consider when evaluating cryptocurrency projects?

1 answers

• Nov 28, 2021 · 3 years ago
  When 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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