DYOResearch (Simplifying

Crypto Research for non-

techies.) – Why we exist?
Many of us, when we see the price of bitcoin reach an all-time high of $60,000 in 2021 may
wish we could go back in time to 2010(when a bitcoin cost $0.08). The truth is that if going back
in time was ever possible, a lot of us will still not but bitcoin for less than $1. This is largely
because of a huge gap in technical knowledge particularly for non-tech inclined individuals (in
this case, the knowledge of Cryptography and economics).
Majority of the people who hold thousands in bitcoins today were advantaged to have a
computer-related background which helped them navigate through the technicalities and risks
of bitcoin in its infancy and now they live financially free lives from the massive gains of their
early investments.

It is not in doubt that crypto is the new system for generational wealth and many more
possibilities like the metaverse. While many are getting richer by the day, a lot of us have not
been able to tap into the abundance of crypto because of our technical limitations especially
the non-techies. This creates a huge problem as many people who should join the crypto space
are often limited the technical languages used in communicating the use case of the project via
its whitepaper or website. This makes so many people to loss interest and miss out in many life
changing opportunities that abound in the crypto space.
This is the primary challenge of crypto we seek to address through this platform (DYOResearch).

Our goal is to simplify the technical language of crypto research so as to empower more people
(particularly non-techies) to maximize the many opportunities in crypto and lead financially free
lives.

While we may have missed out from investing in bitcoin at $0.008 in 2010, there are many
more of such opportunities rolling out every day that can make you a fortune, and the most
important advantage you need now is KNOWLEDGE. It is our mission here to provide as much
simplicity as possible to help on your crypto research journey, so you can have the needed
knowledge to spot hidden gems that will make you’re a fortune. The secret to achieving this
mission is to teach you in practice how to Do Your Own Research (DYOR).

Over the weeks that follow, we will provide useful guide on how to DYOR and practical deep
dives on some of your favourite coins and tokens. We will also cover some basics of Crypto 101
to help newbies come to speed. We will do well to find and share useful research secrets and
tips used by institutional investors (big companies with larger funds) to find hidden gem
projects and gain advantage of early investment.

Remember, this is a journey to financial freedom for us all through knowledge. You need to
have a long-term thinking mindset, because this is a long-term game. I do hope that as we learn
together, you will soon be able to make the best, informed investment decisions for yourself.
While I will share my thoughts on certain projects, it is your responsibility to apply due diligence
to the knowledge you will gain here and go further to Do You Own Research.

Super glad to have you on board, DYOResearcher.

Let’s build wealth together.
DYOR 101 (Simplying
Cryptoverse Research)
Kiyosaiki’s Quote
You may have been there, that moment when a “crypto pro” makes a
post and say “Hey, buy Y token, this will 10x in 2 months”. Interestingly,
his/her prediction seems to play out and you’re wondering, how on
earth is this possible. You’re left to think that they must have some
superpower or insider information advantage of the project.
In reality, their only advantage is what we are going to learn about
today. They have mastered the art and science of DYOR.
DYOR is a crypto jargon which translates to Do You Own Research. As
an investor, it’s imperative you take responsibility for your investment
decisions and a key tool you need is been able to DYOR so as to ensure
the maximum level of security and profitability for your funds. We all
know how volatile and uncertain the crypto space is at the moment,
hence we need to always do due diligence before committing our hard-
earned funds to a crypto project.

Why you need to Do Your Own Research

While investment in crypto assets is considered risky, investing blindly
in a project without knowledge is more deadly. A way out to help one
reduce his exposure to risk is to take control by gaining knowledge
about the project been considered for investment. This is why DYOR is
crucial for your success as a Crypto Investor.
Volatility in the crypto space makes investment in any project a double-
edged sword, therefore to reduce your exposure to making bad
investment decisions, its important you take responsibility and learn
how to value any project before committing your funds into it.
Shilling is also common in the crypto space, which is a condition where
someone creates hype about a project primarily for personal gain or to
lure many uninformed investors into the project and then dump on
them. When you are able to DYOR, you will be better informed if a
project is real and deserves the hype or just some deliberate shilling to
defraud naïve investors.
You can see how important taking out time to DYOR is for your success
as a profitable Investor, in the posts that follow, you will learn how to
DYOR, the DYOResearcher’s toolkit and some DYOR practical’s of some
of the most crypto projects in the space. Grab your best drink, cos this
is going to be one of the most interesting journey to the best research
knowledge as a Crypto Investor.

HOW TO DYOR
Hey DYOResearcher, glad to have you today as we take the first step to
mastering the art and science that will make you a profitable Investor.
You will learn proven strategy on how to DYOR, at the end of this post,
you can comfortable evaluate any crypto project before committing to
investing into it.

7 Steps to Do Your Own Research

 You have probably heard so much about a coin or token and
you’re eager to learn more about it and invest into the project.
We are going to discuss 7 proven checklists to help you validate
the profitability of a project.

1. Check Market Activity

It is important to check the market activity of the project you’re
about to research on. This is to ensure you don’t waste time
researching about a dead or abandoned project.
To start this process, head on to Coinmarketcap or Coingecko.
These sites are considered safe haven for any visionary project as
the enlisting process or criteria is considered holistic. (While this
may not be true for all projects, they have proven to be reliable
source of information about sustainable projects).
In checking the market activity, you have to consider the 24hour
trading volume and overall market data to see how active people
interact with the project.
2. Understand its Use Case
This is where the real DYOR work happens, this phase of the
research process will start to inform why you should invest in a
project.
The use case defines the WHY of a crypto project’s existence.
For example, one of the use cases of BNB is to pay for transaction
fees on the Binance exchange platform.
This quickly tells you, that as long as the Binance Exchange exists,
BNB will be demanded.
 Use cases for crypto projects can range from staking, transaction
fees, governance, etc. There as many use cases as there are many
crypto projects. You must do due diligence to find out what the
use case of the project you are researching about it.
The go-to place to learn about a project’s use case is its
Whitepaper or official website. These provides great insight and
details about the project. While the white paper may contain
technical details which often is not easy to understand, you must
do well to glean out its use case before proceeding.
Many investors lost huge money in the last bull run of June 2021
because they were caught in the trend of the excessive printing of
gains by most shit (meme) coins with no real use case. The
shitcoin bubble did not last so long before it burst.

3. Access the Tokenomics

Tokenomics explains the supply and demand nature of an asset
which gives an insight to how much the asset can be worth in the
near future.
Understand its Maximum Supply quantity, Circulating Supply and
how the tokens were distributed and the mechanism that will be
used for future supply. It’s also important to know if a token is
deflationary or inflationary in nature and how this will affect the
value of the asset in the future.

4. Consider the Project Roadmap

A crypto project’s roadmap gives an insight into the plans of the
team towards achieving their value proposition as contained in
the white paper you earlier accessed. A clear roadmap will give
you an insight into what to expect from the team within each
 period. You should do due diligence to know what the project
plans to offer within the next one year, this will go a long way to
help you decide how much to commit to such project and the
possible ROI if the project roadmap is followed.
Any project without a clear roadmap should signify a red-flag as it
may have plans to rug pull anytime the team has amassed much
gains from it. Nonetheless, some projects might have technical
delays that will delay their delivery on the proposed roadmap, all
you need at this point is patience as long as the team keeps the
community updated.

5. Learn about the Team behind the Project

The credibility of individuals behind a project goes a long way to
create a degree of trust for that project. Their experience and
capabilities also has an impact on the success or failure of the
project. Therefore, you should do due diligence to know the
project team and follow up their activities on social media to learn
how actively they talk about the plans and progress of the project.
Taking out time to follow their AMA sessions will really help you
learn so much about the current stage of the project beyond what
the whitepaper tells you.
However, some projects prefer to remain anonymous probably
for security reasons just like the Grandfather of crypto “Bitcoin”.
In this case, you will have to utilize other metrics we have
discussed to inform your investment decisions.

6. Check the Community Activity

The heart of decentralized finance is the people, at such you
cannot ignore the role community has to play in ensuring the
 growth of a project. You can start this process by following up on
their social media like Telegram, Reddit, Twitter, blogs, etc and
engage with the community to learn how strong the project’s
community is.
Any project with committed community members can grow from
nothing to a formidable force in the crypto space. Take for
example, Doge (the King of all meme tokens) had no use case but
its diehard community members were so determined till it is now
been considered as payment option in some businesses. This
clearly tells you how the overall community strength can help a
project grow but you have to make your investment decisions
based on the data you have gathered during your research as
some projects might organize its community to hype the project
when it truly has nothing valuable to offer.

7. Partnerships and Auditing Report

If the crypto project has partnership or endorsement deals from
reputable institutions you know, this will further increase the
credibility of the project. For example, it is common to believe
that any project that is endorsed by Binance is credible because
Binance has built such reputation in the space that it takes extra
care in endorsing any project.
Usually every visionary crypto project always apply for an audit of
its codes and value propositions. The auditing process is usually
cumbersome and cost-intensive, therefore any project that
undergoes two or more of such shows strong sign of been in for
the long term.
TOOLS FOR DYOR
(DYOResearcher’s Toolbox)
Coinmarket Cap
Messari
Lunarcrush
Glassnode
Coinmarketcal
Coinbureau
DYOResearch

Hey DYOResearcher,
Now you know why and how to go about doing your own research. It’s
important to expose you to the toolbox we use at DYOResearch to gain
lots of insight about a crypto project, so you can grow to take full
control of your investment decisions.
1. Coinmarketcap
Coinmarketcap has proved to be a reliable source for picking a
crypto asset of interest for our analysis. This is because, the
rigorous process that projects go through before they are listed
on coinmarketcap helps reduce the case of quick pump and dump
projects. It provides real-time market data about the project, links
to the relevant documentations and social media platforms of the
project, as well as the smart contract addresses. You can also get
a high-level overview about the project’s value proposition and
access to relevant news that applies to the project if available on
the coinmarketcap platform.
Coingecko is another alternative to CMC which goes further to
provide insight to the market sentiment of the project and keeps
track of the developer’s activities.

2. Messari