Crypto Moonshots on Cosmos

Our search for undervalued and undiscovered cryptocurrencies continues…

About your author: CryptoQuestion is an independent platform providing free resources for cryptocurrency investors. From an on-demand Q&A service to online courses, from books to our weekly Moonshot Monday podcast. Visit us at www.cryptoquestion.tech

In the last few weeks we have been systematically exploring various areas of the cryptocurrency ecosystem to find those rare gems. In this search we have examined many of the newly listed cryptocurrencies, the hundreds of projects on Binance Smart Chain and the projects within the Polkadot ecosystem. Probably the poorest crop were from the newly listed cryptocurrencies, many of which had no real world uses and were priced at absurd valuations. Greed has definitely set into the majority of the new projects coming to market with developers more concerned with making a few bucks than ensuring investors get a good deal.

This assessment may sound an over generalization however all it takes is a quick glance at the tokenomics of a sample of listings to verify our point. Investors are being asked to pay a price that already assumes that the project has succeeded. Of course most projects will fail, that is the hard reality of startups, crypto projects are no different. To value a project at $50 million when all it has is a website, a few…