Tips to Spot a Viable Project (Part 4)

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4 years ago

Hello guys, and welcome to the fourth and final part of four in our How to spot a Viable project series. If you haven’t read any of the previous 3 then you really should check them out in my profile. We have talked about different concepts to look out for when researching into a project to invest in. We discussed the technology itself, we also talk about researching about their potential for Mass Adoption, and even their team. You really shouldn’t miss those topics, do go and read them if you’re a newbie to the Crypto Mad house. Straight into today’s topic and the last in this rather long series, today we talk about the projects partnerships and updates.

No man can achieve his full potential in isolation, we are all social animals and we need others to grow and boom. The same can be said for businesses and by extension Crypto projects; they need other projects and even centralized partnerships to grow. A project that isn’t going into any partnerships or is never in the news is almost certain to not grow further. Please do not mistake this for always been in the news both for the good and bad reasons like Trons CEO Justin Sun likes to be, he is getting quieter though. But partnerships, updates, reevaluating and reworking their roadmap, releasing new features are all important for a project to remain relevant, and any project that is lacking in these areas will not stand the test of time.

It’s one of the biggest reasons I love Emanate Music, I’ve been watching their team work for months on a couple of new feature and this week a whole host of new features were announced to be added to the Emanate streaming platform to make it both more profitable for artists and easier for the listener to find and stream music from their favorite artists. In terms of partnerships and collaboration, I’ve been seeing so much activity by the Emanate team and it’s getting me pretty excited for what the future has to offer. Emanates Distro service only very recently became the official supplier to Beatport, Beatport is one of the biggest sites that offers DJs a vast catalogue of quality Digital music meaning that a larger audience now has access to Music by artists from Emanate, if that isn’t sweet news I don’t know what else is. Also very recently Emanate was listed on Dapp.com alongside the likes of Heavyweights like Kyber Network and Compound. Most definitely big things on the horizon for the Emanate team and I can’t wait to see the project do big things.

That is the reason why you must always research into a projects partnership. When there are big updates and heavyweight partnerships you can expect it to attract investors and when that happens it is also almost sure that the price of that token will witness a spike. Take your time to research into their partnerships, the updates they release and if there is any new feature. Investing truly is risky and before you put your money anywhere you must make sure that you have done you Due Diligence fully. I sure hope you have learnt a thing or two from this series and with this I close the curtain on this, thank you all for following me on this one month journey lets do it again soon.

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4 years ago

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