Latest / Crypto Altruists: Real-World Stories of Social & Environmental Impact with Web3
Episode 42 - The good vs. the bad – Evaluating web3 projects and avoiding scams
Unfortunately there are a lot of scams in the web3 space. The projects doing real good far outweigh these scams, of course, but this doesn’t take away from the importance of being able to recognize bad actors in the space. In this episode, we discuss what you should look for when evaluating potential partners and projects in web3, and some red flags that could indicate that a project is a scam.
The questions to ask yourself when evaluating a project?
Is there a solid whitepaper or guiding documentation for the project?
Who are the developers? Are they doxed?
Who is the project partnering with…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.