17
I compared the market capitalization of Chainlink to the
market capitalization of the crypto market as a whole. Across
the same period, Chainlink has pretty much followed the
peaks and troughs of the entire market.
However, Chainlink’s price has been steadily rising over the
past month, while the overall market has been flat. To me this
suggests growing interest in the coin. Research can help you
work out why.
17
I compared the market capitalization of Chainlink to the
market capitalization of the crypto market as a whole. Across
the same period, Chainlink has pretty much followed the
peaks and troughs of the entire market.
However, Chainlink’s price has been steadily rising over the
past month, while the overall market has been flat. To me this
suggests growing interest in the coin. Research can help you
work out why.
Now let’s find out who the people behind the project actually are.
If it’s difficult to find out who’s working on a project, it’s a huge red flag . How can you know the project’s creators and developers are qualified and trustworthy if you don’t even know who they are?
A list of their real, full names is a minimum requirement. You need to know they are real people unafraid to show they’re involved with the project.
It’s not hard to create a fake LinkedIn profile, so it’s important to also check that their profiles seem real, with multiple connections to other professionals in the field and so on.
It’s important to know if they have experience in relevant industries —and preferably in blockchain technology.
A team of 30 developers might code a great product , but if they have no one qualified to market it, who’s ever going to know about it?
22 Do the the senior team members have an entrepreneurial backgrounds?
Knowing if they’ve started interesting and successful companies in the past, or if this is their first ever company, can give you some insight into the chances of the project succeeding.
18
The Chainlink team is listed, with full names, head shots
and employment history. Good.
19
I had no problem finding multiple members of the team
on LinkedIn. They often had over 500 connections to other
members of the site, making it less likely they’re fake.
I looked through the past employment history of a number of
the team members and:
20
There’s enough experience and qualifications listed in their
LinkedIn profiles to give me confidence in their abilities.
21
There appears to be an almost 50/50 split between
developers and other roles, which strikes me as a good
balance.
22
The CEO Sergey Nazarov has founded two other companies
in the past, as have a couple of the other staff.
Of course, a lot of this