◾Project Assessment

What do we take into account before incubating a project?

Business Model

• How compelling are the product idea, problem, and solution?

• How is the project going to become sustainable (earn/make money)? How quickly can they do that?

Market

• What market share can a project take?

• What do the competitors look like?

• What are their advantages over competitors?

• What is the use case of the project?

• What legacy infrastructure is the project trying to replace?

Technology

• What is the technology used?

• Is it open source?

• Is it unique?

• How difficult is it to apply?

• What are the use case(s) it aims to cater?

• What is the planned roadmap for MVP, upgrades, and new features?

Core Team

• Have members undertaken successful ventures in the concerned industry previously?

• Is their expertise sufficient to reach their projected milestones?

• Have they been involved in any questionable projects or scams?

• If there is no team, what does the developer community look like?

• How does the activity on GitHub look like?

• Do the founders have the skills and vision to succeed? Experience and competence play a major role.

• Are there the right people in the team in addition to the founders, including experienced consultants?

Funding

• Has the project received any funding?

• Is the project listed at any exchange or DEX?

• What is the supply and distribution scheme?

ShineDAO Support

• What kind of support would they be expecting from ShineDAO?

• What is the time to market without ShineDAO involvement?

• How many tokens would they be willing to provide for the ShineDAO community allocation during the incubation period?

Risks/Red Flags

• What does the wide community think about the project?

• Are there any red flags raised?

• Do the goals seem realistic?

• Has there been noticeable progress or growth?

• Have there been any media posts?

• Does all the information provided correspond to the truth?