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RE: Secugenius has Designed the QuickX, a Blockchain Protocol to Enable Instant and Secure Off-chain Transactions
the number of projects around in these sorts of things absolutely insane. It's overwhelming, actually. How do you separate the good ones from the ones that will just as soon fizzle out?
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It is impossible to tell for sure, of course. But we try to go by the track records of the people involved, the project's partners and their reputations, the quality of the project's documentation, the level of their social media activity and so on. It helps narrow them down.
Generally, the more real details they are willing to provide about themselves and the more this information checks out, the better. That way, at least you will know that it is a real project that has some chance of success rather than a dud.
Haven't run into too many Duds lately, I don't think. I think people are learning from other people's past mistakes. At least I hope that is what's happening.
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Nevertheless there is a difference, whether one would launch a fraudulent project (that is, with the intention to collect funds for nothing) or has considerable gaps (let's say, from the technical standpoint) but still would make improvements to the project.