Value crypto currencies base oh their fully diluted market caps. This make easy to spot when crypto currencies is overvalue or undervalue regardless of it price tag.
The amount of users growth of new users and stickiness of users within the ecosystems
The one that successfully create and grow an economy on their blockchain Network
The one that cultivate the greatest amount of innovation that secures maintain traction on their platform
Look at fair launch not pre-mined there would be no allocations or vesting schedule, distribution would be equitable
What conditions do layer 1 or 2 blockchain network need to meet in order to foster secure, maintain and grow an economic ecosystem successfully?
Four (4) variable that are key to thriving economic ecosystem:
1. Efficiency and value creation - converting production inputs like money, raw material, labour or expertise into valuable goods and service
2. Financial capital - how much financial capital the layer 1 & 2 project can secure to support network and increase productivity and value creation is extremely important. acceptance of vanture capital or other funding sources will be crucial to survive and suceed long term. must be backed by vanture capital investor that is likely not ideal long term bit
3. Infrastructure - consist of actual underlying blockchain technology as wel as everything built on top of to support the network like developer tool, connection to wallet and browser extension crucial role in fostering an economy with efficient value creation
4. Roadmaps - looking at things like where the layer 1 or 2 is currently at from developmental standpoint and where it plans to go in the future based on their road maps is another aspect to consider when investing