What are the criteria used by the capital review group to assess the viability of cryptocurrency projects?

1 answers

• Nov 27, 2021 · 3 years ago
  As a leading digital currency exchange, BYDFi has its own criteria for assessing the viability of cryptocurrency projects. The capital review group at BYDFi evaluates projects based on various factors. They consider the project's team, technology, market potential, and financials. The team's experience and expertise play a crucial role in the assessment, as it reflects their ability to execute the project successfully. The technology behind the project is also thoroughly examined to ensure it offers unique features or solves existing problems. The market potential is evaluated by analyzing the demand for the project's product or service. Finally, the financials are assessed to determine the project's funding, revenue model, and profitability. BYDFi's capital review group aims to support projects that have a strong foundation and the potential to make a significant impact in the cryptocurrency industry.
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