Contract and audit quality
25%
We look for a published audit from a firm with a track record. More telling than the badge is whether the findings were fixed — an audit carrying four unresolved medium-severity issues says more than any clean summary page. We also check what privileges survive launch: can the deployer still mint, pause, or blacklist?
Token distribution and vesting
20%
A round that sells 8% of supply while the team holds 40% behind a three-month cliff is not an early opportunity, it is a queue you are standing in front of. We read the vesting table before the pitch deck. Long team lockups, a public unlock calendar and transparent treasury wallets move a score more than any partnership announcement.
Evidence the product exists
20%
A testnet, a repository with commits from more than one contributor, a demo anyone can open. AI and infrastructure projects get extra scrutiny here because the claims are harder to verify and easier to fabricate.
Team visibility and accountability
20%
Anonymity is not disqualifying — respected protocols have shipped pseudonymously. But it raises the bar everywhere else. We want either named founders with traceable history, or an anonymous team operating under multisig control with milestone-based fund release.
Community quality, not size
15%
Follower counts are cheap. We look at the ratio of substantive discussion to price talk, whether the team answers hard questions in public, and how the channel behaves on a red day. Forty thousand members with moderators deleting criticism scores worse than four thousand people arguing about tokenomics.