The Importance of DYOR

In the fast-paced, high-risk world of crypto, Doing Your Own Research (DYOR) isn't just a mantra, it's a necessity. While expert insights and community sentiment can be helpful, nothing beats firsthand knowledge. By researching and understanding the projects you invest in, you'll be better equipped to make informed decisions and weather the market's storms.

Over the course of this article series, we'll guide you through the ins and outs of DYOR.

Follow this checklist to become a DYOR expert:

[ ] Learn about DYOR opportunities (you are here)

Become aware of DYOR challenges

[ ] Navigate scams and frauds

[ ] Learn about rug pulls and exit scams

[ ] Understand market volatility

[ ] Learn about regulatory challenges

Identify worthy crypto projects

[ ] Monitor market trends and indicators

[ ] Look up projects

Evaluate crypto projects

Check Product Health

[ ] Research product potential

[ ] Research product usage

[ ] Research product monetization

[ ] Research product roadmap

Check Tokenomics Health

[ ] Research token utility

[ ] Research inflationary mechanics

[ ] Research deflationary mechanics

[ ] Research tokenomics performance

Check Community & DAO

[ ] Research сommunity engagement

[ ] Research DAO performance

Check Security

[ ] Research product security

[ ] Research smart contracts security

[ ] Research bug bounty

[ ] Research incidents

Check Team, Partners & Investors

[ ] Research team composition and experience

[ ] Research partnerships

[ ] Investors

Check Legal Risks

[ ] Research incorporation

[ ] Research UI decentralization

[ ] Research DAO registration

Become DYOR champion

[ ] Compare projects in one category

[ ] Tap into collective mind

[ ] Monitor DYOR trends and new solutions

[ ] Constant learning

Want to discuss? Join Hacken DYOR Community: https://discord.gg/draFdqzecP