🤖Whitepaper Analysis
Last updated
Last updated
Reading a project's whitepaper is crucial for any investor looking to make an informed decision on whether or not to invest in a particular project. Whitepapers provide investors with important information about the project's goals, team, technology, and tokenomics. However, reading and analysing a whitepaper can be a daunting task, especially for newbies who are just starting to explore the crypto world.
Even experienced investors may face challenges when it comes to reading whitepapers. With so many projects launching every day, it can be difficult to find the time to read through all of the whitepapers and identify the most promising investment opportunities. This is where DYORAI comes in.
DYORAI's whitepaper analysis feature is designed to provide users with a quick and comprehensive overview of any crypto project's whitepaper. With every step of analysing the whitepaper, DYORAI extracts the most important information and presents it to you in a clear and concise manner, following the below 4 steps :
Create a summary of the important details on the whitepaper, including the project description, mission, vision, and team. This provides users with a brief understanding of what the project is about.
Provide tokenomics data, such as token symbol, supply, blockchain, and token utility. Users can also find information on token staking and token burn, as well as any vesting schedules for tokens.
Provide token sale information, including whether it was a private, presale, or public sale, the launch price, and any vesting schedules for tokens.
Flag the appropriate category of the project after analyzing all the text, with a blockchain, oracle, NFT marketplace, or DEX etc. in order to prepare for the next step. Showcase the top 5 coins by market cap in the same category and calculate the potential ROI percentage in case your coin reaches a percentage from the top leaders in the market. This provides users with a quick idea of the project's potential and helps them make informed investment decisions.
In summary, reading and analyzing whitepaper is an essential task for any investor looking to make informed investment decisions in the crypto world. However, it can be a challenging and time-consuming task. With DYORAI's whitepaper analysis feature, investors can save time and effort while still making informed investment decisions.
