Finding the next big crypto projects: What to look out for
The incredible success enjoyed by bitcoin and the buzz it has generated over the last couple of years has spurred investors to pour their money into cryptocurrency projects by the millions. While many crypto and blockchain projects have achieved impressive returns over the last few years, many others have witnessed dramatic declines.
For those looking for the next big project in the crypto space, you’re welcome to read today’s post as we will be providing you with some tips on how you can find the next big cryptocurrency project that is worth your investment.
Find the ICO
One of the first steps to finding your next big crypto project is to look for initial coin offerings coming up. With sites like ICOalert, developers have an amazing platform to list their upcoming pre-sale and public sale. This website also lets investors list other information like team profile, soft-cap, and buying-in-price.
And guess what, the Rosa Finance project is just a few steps away from getting listed on some of the top ICO sites. So get ready to jump on our presale and public sale.
How unique is the idea?
There are tons of amazing ways to use blockchain and new ideas keep coming out every day. Currently, the crypto space is not very pleased with projects that try to reinvent the wheel of the decentralized currency model. Even though bitcoin was a revolutionary idea when it first launched, today, most crypto projects share almost the same functionality as bitcoin.
To find the next big project in the crypto space, you’ll need to keep an eye out for projects that seek to achieve something ambitious. That’s why the crypto community is rooting for ROSA FINANCE, especially considering that it is the first decentralized finance pension fund in the crypto space that allows investors to invest in their future while providing the best yields.
Distribution and total market cap
The smart contract deployed helps manage the token’s distribution following specific rules like how much will be made available, when, to whom as well as what will happen to the unsold coins. Just so you know, the scarcer a coin is in terms of supply, the more valuable it will become in the open market.
Relating this to ROSA, you’ll agree that the ROSA FINANCE project is one of a kind. In terms of supply, ROSA FINANCE has a total supply of 2,000,000 tokens. More so, our project combines a reduced starting supply with a self-limiting inflation mechanism, safeguarding the value of holdings.
Which blockchain powers it?
New crypto projects must be launched on an exciting blockchain, except, of course, the team behind a new project plans on building their own unique blockchain. Here is the thing, the chain that a project is built on determines which existing cryptocurrency you’ll need to participate in the ICO. A project that is powered by the Ethereum blockchain will most likely require Ether to purchase the new coin.
Good for those looking up to the ROSA Finance project, our project boasts of a multi-blockchain interoperability feature. This means our project will support many chains. While it currently supports Ethereum and Binance Smart Chain, more chains will be added in the future.