Proposal
1. Social Engagement
Quality of content. How active and engaged the project is across mainstream social channels. Communication, presence, and community awareness. Website provides all expected content.
2. Communication of Intent
Assessment of the whitepapers and other forms of presentation in terms of communication of the specific problems they are addressing and their path to intended solutions. Measurement of the impression of depth among competitive projects.
3. Tokenomics
Clarity of the tokenomic model with attention to token allocations, including vesting schedules. Consideration of the token functions. Also an overall assessment of perceived fairness and “rug-ability” exposure.
4. Team / Developers
Quality of content. How active and engaged the project is across mainstream social channels. Communication, presence, and community awareness. Website provides all expected content.
Implementation
5. Audits / Track Record
Assessment of public third-party code audits, considering audit cadence congruent with updated products and services. Consideration of the performance / track record of the project. Survey of the public GitHub repo.
6. User Protection
User advocacy. Interactions on the platform are clear. Documentation, guides, education, support. The degree to which the user is protected against unintended actions.
7. Industry Accolades
Reputation. Notable sources of recognition of actions, initiatives, contributions, awards etc. These may come from the crypto community, the broader crypto industry, or credible external sources.
8. Cumulative Demerits
Project failures of any kind. Any activity, behavior, misrepresentation, lack of transparency or clarity that may either intentionally or incidentally misdirect or undermine the project’s participants, community, or ecosystem.