u/WestSantosh

Which signals matter for a new Layer 1?

Hi guys. So I've noticed more Layer 1 projects opening up to the public lately. And ngl, I'm not sure if the details I see deserve attention

Tokenomics and roadmaps are easy to show off. But neither one really tells you if people will build on the chain or use it. And also some projects sound great at first, then go nowhere. Others just keep building without much hype.

So what should I look for before participating in a Layer 1 public token sale? If you've researched one before, which signals were useful? Stuff like developer activity, a working product, audits, token distribution, real usage, or something else? Already researched about this but just wanna make sure hahaha thanks

reddit.com
u/WestSantosh — 7 days ago