Does the team have real experience in the space they are attempting to coinify? If so, how much experience? What about relationships to industry veterans who can elevate the project further? Ultimately our investment is betting on the people behind the coin, not the coin itself. Our investment is a vote of confidence that the team can pull off the incredible feat they have set their sights on.

Are they full time? The worst thing is to have a part time staff. This means the project isn’t their primary focus and it can mean the project may go slow or, even, no where. We want a full time team dedicated to fleshing out the vision.

How many years of experience do they have? Nothing wrong with the young diving into a killer project, but do they have support from a more experienced team? If not, then navigating the unknown could prove harder than initially anticipated. Nothing stays rosy for long. Having veteran team members can help to brave through turbulent times, which are guaranteed to happen.

Do they have every aspect covered? Architecture? Development? Scale? Business Development? Marketing? A team only comprised of technology developers can also prove to be a poor choice for investment. It’s important to have a balanced team, one that can also get the word out, and build relationships to accelerate growth.

At the same time if a project only has a single developer, it’s a single point of failure. If anything happens to that one person, the entire project can head into a downward spiral. Redundancies are required to ensure that no single person can make or break the project.