In this ecosystem, new opportunities are always emerging. The real question is how to spot them. That’s where we at YAY Network excel. Spotting these early investment opportunities is a challenge, but it’s a skill that we’ve honed and believe is crucial to teach you.

This article is designed to be your guide through the landscape of crypto investments. We’ll share insights on how to identify opportunities that offer more than just promises.

Our goal is to help you to become an experienced investor but at no time should this be seen as financial advise!

**What should you be looking into for a fundamental analysis?**

In the initial stages of crypto investment, where technical analysis takes a backseat, understanding the core fundamentals of a project is the most important thing.

Key areas of our analysis include understanding market dynamics and supply-demand factors, scrutinizing investment rounds for signs of confidence from other investors, and evaluating the actual problem-solving capacity of protocols. Equally important is analyzing the business model for market fit, the utility of tokens beyond surface-level features, and the robustness of the project’s. Our process involves a thorough examination of the project team, leadership qualities, community engagement, vision and mission, and roadmap.

Lastly, a keen understanding of tokenomics and possible competitors’ price history plays a crucial role in our fundamental analysis, ensuring we identify opportunities that are not just promising but viable for long-term growth.

![](https://miro.medium.com/v2/resize:fit:1400/1*4KQZujDr7fuTpYm6P5J4XA.png)

> *Visit YAY Network New Launchpad now: [https://invest.yay.network/](https://invest.yay.network/)*

### **What problems does it fix**

A fundamental question in evaluating a project is understanding the problem it aims to solve. Does the protocol address a real, widespread issue, or is it merely a solution in search of a problem?

> The value of a token often lies in its ability to offer a meaningful resolution to existing challenges.

Assessing the market value of the problem being solved and examining how other companies tackle similar challenges offers a clearer perspective on the demand and potential success of the protocol, as well as, provides a mindframe for possible protocol valuation.

### **Business Model & Whitepaper**

The whitepaper is the blueprint of a crypto project, outlining its objectives, technology, and strategy. It should convey the project’s goals, the technological means to achieve them, and how the token will function within the market.

From it we understand the business model, which is a core area of concern. It reveals how the project plans to sustain and grow financially, and also reveals the team’s expectations regarding what they are building. At the end of the day, any company or start-up needs to be profitable, and it’s important that they are able to identify their revenue streams.

> It’s crucial the protocol understands how to start generating revenue at an early stage!

A strong business model aligns with market needs. This involves analyzing how the protocol plans to generate revenue and its scalability. Even protocols that don’t introduce groundbreaking innovations but improve existing services can have significant upside potential if they present refined business models.

### **Previous Investment Rounds**

Investment rounds offer a lens into the market’s confidence in a project. A protocol that has attracted reputable and experienced investors is often a sign of a strong foundation and potential for growth.

Reviewing who invested in early stages provides insights into the project’s credibility and the faith the investment community has in its success.

> Considering the initial proposed Market Cap and compare it with its main competitors can be a good analysis to understand its potential.

### **Token Utility & Tokenomics**

When it comes to assessing protocol viability, the token utility takes one of the major, if not the major, KPI we should be looking at. The true utility of a token transcends basic functionalities like governance or staking. It should be integrated into the project’s ecosystem, playing a pivotal role that resonates with the project’s long-term objectives and vision.

A token with genuine utility serves multiple purposes.

> The most critical assessment is determining whether the token adds substantial value to the project or if it’s merely a tool for fundraising.

A token that exists solely for investment purposes, without a clear role or function in the project’s ecosystem, can be a red flag. It’s important to distinguish between tokens that are integral to a project’s operation and those that are speculative in nature.

Moreover, a token’s design should reflect a thoughtful approach to its circulation and value. This involves considerations like a deflationary model, where the token’s supply decreases over time, potentially increasing its scarcity and value. Alternatively, an inflationary model might be used to encourage spending and reinvestment in the ecosystem.

### **Roadmap**

A clear and realistic roadmap is indicative of a project’s planning and vision. It should outline specific goals and timelines, providing investors with a sense of direction and milestones.

The roadmap’s feasibility and the project’s adherence to it are crucial indicators of its potential for success and effective execution.

### **Team Behind the Project**

The team’s experience and track record are pivotal in driving a project’s success. Investigating the professional background of the leadership and technical staff can provide significant insights into the project’s potential. A strong team with relevant experience and a history of successful ventures adds credibility and confidence in the project’s future.

### **Community and Traction**

Community support and traction are good indicators of a project’s health and future prospects. The strength and activity of a project’s community often correlate with its long-term success and adoption.

> *Visit YAY Network New Launchpad now: [https://invest.yay.network/](https://invest.yay.network/)*

### **Final Thoughts**

As we venture through the world of investments, the journey from identifying potential to realizing success is nuanced and multifaceted. By analyzing the above mentioned aspects, we equip ourselves with a comprehensive understanding of what makes a crypto project truly promising.

At the heart of this is the recognition that each project is unique, with its own set of challenges and opportunities. The blend of technical insight, market understanding, and foresight is what transforms an investment decision from a mere gamble to a strategic choice. It’s about understanding the substance.

Let this article be your guide, your compass in this exciting yet challenging venture, helping you to make informed choices that lead to rewarding outcomes.

# About YAY Network

YAY Network is the thriving ecosystem specifically designed for ambitious entrepreneurs, set to revolutionize the world of fundraising and community building. Our goal is to empower innovators by delivering a comprehensive, risk-free, and accessible launchpad experience, coupled with a cutting-edge marketing and advisory suite.

[Homepage](https://yay.network/) | [Medium](https://yay-network.medium.com/) | [Twitter](https://twitter.com/yaynetwork) | [Telegram](https://t.me/+up0UD0NrVAg5ZDRk)

In this ecosystem, new opportunities are always emerging. The real question is how to spot them. That’s where we at YAY Network excel. Spotting these early investment opportunities is a challenge, but it’s a skill that we’ve honed and believe is crucial to teach you. This article is designed

Invest for the long term: YAY Network Tutorial


Social media reimagined our entire concept of friends and what it means to connect. Across a growing digital frontier of growing social networks, phrases like “friend me,” “follow me,” “like this,” and “share that” became parts of our everyday vernacular. As a result, they disrupted the way we share, create, debate, and earn via our online identity and content.

What could go wrong?

Like many once-novel sectors of technology, social media’s potential to enable long-lasting connections that empower users via their online identities — versus suffering manipulation because of it — has dwindled and outright failed. Among many other use cases that improve traditional systems (art, finance, real estate, etc.), [web3](https://ethereum.org/en/web3/)’s token-powered protocols and decentralized social media’s growing landscape offer a drastically different approach to the conventional “social graph” — a representation of traditional social networks and how we connect online.

## The Problem with Centralized Social Media

The current social network (and user data) landscape is dominated by a limited number of profit-driven, centralized corporations (Meta, Twitter, TikTok), whose primary focus is their own financial interests. As a result, these platforms often exploit user data, abruptly adjust revenue-sharing splits, and manipulate our content and online connections, on a massive scale to maximize revenue.

“Not that creators ever had much stability where revenue share deals are concerned: rates change quite frequently, depending on the wider macroeconomic environment at play,” wrote [Digiday](https://digiday.com/marketing/here-is-how-much-tiktok-meta-and-other-social-platforms-are-paying-creators/) in a 2022 article on how much platforms pay creators. “The business model for platforms doesn’t necessarily allow creators to monetize the communities they built,” they continued.

While global social media use has grown yearly, with reports finding that over [4.62 billion](https://www.businesswire.com/news/home/20220126005361/en/Digital-2022-Report-Finds-Social-Media-Users-Now-Equivalent-to-58-Percent-of-the-World%E2%80%99s-Total-Population#:~:text=There%20are%20now%204.62%20billion,of%20the%20world's%20total%20population.) people now use social media worldwide, creators still see disproportionate returns — $5.5 billion in 2022, according to certain reports — to the industry’s estimated $231.1 billion market value.

As social platforms’ value grows annually at an estimated rate of 19.4%, we must ask ourselves who benefits most when people spend more time scrolling on their smartphones.

Is it content creators, where a select few — 50, [according to Forbes](https://www.forbes.com/sites/alexandrasternlicht/2022/09/06/top-creators-2022/?sh=1d1c2dc967a1) — in aggregate made over $570 million in 2021?

What about users who have become accustomed to "[doom scrolling](https://www.theguardian.com/society/2022/sep/06/doomscrolling-linked-to-poor-physical-and-mental-health-study-finds)," shadowy [algorithms, ](https://www.theguardian.com/society/2022/sep/06/doomscrolling-linked-to-poor-physical-and-mental-health-study-finds)moderation, and sudden feature changes?

Let's not forget developers, who, at the center of tech's [social media-driven wave of layoffs](https://blog.developerpurpose.com/elon-musk-just-force-ranked-twitter-engineers-fired-the-bottom-507ab35b659a), are subject to mercurial CEOs whose arbitrary policies hinder innovation and the ability to create social products that users actually want.

From whatever angle you dissect the trends and data, it's clear that fundamental changes to how we architect and, later, utilize social networks are urgently needed.

## The Power of Token-Powered Protocols

Blockchain technology and token-powered protocols provide countless innovations for improving social applications and the architecture of their networks. While traditional social products are typically monopolized and monetized to the specific framework of a given platform and its parent company (i.e. Meta's Instagram and Facebook), decentralized social allows users to own their digital identity and every social interaction that comes from it.

Decentralized social graphs offer self-sovereignty to users who can now own their data and content and build value into their connections through programmable, tokenized features. This content and social data, which is the backbone of our online identities, has historically been guarded by centralized platforms and their closed systems and arbitrary rules.

Due to the immutable and user-owned nature of token-powered social tools and identity standards, users have many more freedoms and protections across their online interactions. A major improvement powered by decentralized social is that users aren't locked into a single platform like in traditional social media; they can seamlessly travel across different networks with their social data, which can't be tampered with. This level of freedom to bring your audience and content with you across the internet is packed with value and opportunity.

At the same time, token-powered social protocols allow developers to easily configure customized executing logic for our many online social actions. This level of customization makes it possible for users to perform tailor-made on-chain actions to strengthen and build value with whom they interact daily online.

This level of opportunity has already led to a diverse, rapidly growing ecosystem of decentralized social platforms and use cases aligned with a collective vision: **token-powered, decentralized social applications are more sustainable and valuable because they put the user and ecosystem first — not the platform.**

## CyberConnect’s Vision for Decentralized Social 

As web3’s earliest and biggest decentralized social network, we’ve been growing our community and product ecosystem by utilizing the full potential of web3 technology and what it means for the future of friends, content, and community. We are proud to be the biggest platform for developers to build decentralized social networks where users can get the most out of their identities, content, connections, and monetization channels. 

There are already over 50 web3 products aligned with our vision for the future of social, who are leveraging the power of our open network across various use cases. 

Our current user numbers speak to the power of the growing decentralized social industry: as of May 2023, over 900,000 web3 users have minted a CyberProfile, our self-sovereign on-chain identity standard, completing over 10.2M transactions cumulatively across several blockchains. 

Over 300,000 users actively use decentralized applications (dApps) built on our protocol every month, with our web3-native social network platform, [Link3](https://link3.to/), at the top in user engagement.  

![img](https://link3-image.cyberconnect.dev/5ebbb9fa-9d33-4741-a22d-2a7dc4b95c0c/postImageFolder/2530c5e1df66548b)*Just a few of our 50+ ecosystem dApps building on CyberConnect*

Following the public sale for our [native token](https://link3.to/cyberconnect/post/d430762b4c4a220decb9e8875db78f9af741699774d483d11b9c7203b1582e36) ($CYBER), which sold out in less than an hour, we want to share our most updated vision and purpose; a set of ideals and beliefs that will help drive the future of our network and help strengthen the collective mission of decentralized social as an industry and community. 

- CyberConnect creates long-lasting on-chain connections through the power of its network. The power of web3 technology makes it possible to create a decentralized social network that **truly belongs to users.**

- CyberConnect enables developers to build innovative social applications where users **own their identities and data** while creators can **grow their audiences in a fairer, more direct, and decentralized environment**.

- CyberConnect envisions a world where we have **ultimate control over our digital lives**, and **meaningful, long-lasting connections** aren’t decided by centralized or biased tech.

- CyberConnect believes **everyone should be able to take their identity wherever they go on the web**. Attaching your identity to a web3 wallet or profile can establish a permanent record of your online presence, building **trust and credibility across platforms**.

- CyberConnect believes that **verification on web2 has failed**. Communities and dApps need to create their own verification and governance models that allow **data to be composable**, enabling users to discover and experience new **trusted connections in a self-sovereign manner**.

The result of our vision and our network’s north star?

CyberConnect is building a new future for social media and the internet, where **on-chain friends last forever.**

## What’s Coming up at CyberConnect

In the weeks and months ahead, we’ll be sharing lots of fresh content and releasing some new products and updated features to further educate and engage the growing decentralized social community — from users to inspired dApp developers. 

For more insight into what we’re building in decentralized social, read the recently published CyberConnect [litepaper](https://link3.to/cyberconnect/post/83cb456a2bf426c6029b3a8cf6fd1c7cbe1acff5e9b87f34a0db14560c5e069d), a deep dive into the opportunities of decentralized social, our social graph and core components, tokenomics, and lots more. 

It’s an incredibly exciting time to build products and pioneering new technologies across the growing decentralized social landscape — and the future is looking bright. We look forward to you being here with us for the journey as we help create more on-chain forever friends. See you soon. 

— Team CyberConnect

### About CyberConnect

[CyberConnect](https://cyberconnect.me/) is web3’s earliest and biggest decentralized social network that enables developers to create social applications empowering users to own their digital identity, content, connections, and monetization channels. [Messari](https://link3.to/messari), [1inch](https://link3.to/1inch), [BNB Chain](https://link3.to/bnbchain), along with over 2,000 projects, and 900k creators and users are building long-lasting connections through apps built on CyberConnect.

### Join CyberConnect Community

[Website](https://cyberconnect.me/) | [Docs](https://docs.cyberconnect.me/) | [Twitter](https://twitter.com/CyberConnectHQ) | [Discord](https://discord.gg/cyberconnect) | [Telegram](https://t.me/CyberConnect)



Social media reimagined our entire concept of friends and what it means to connect. Across a growing digital frontier of growing social networks, phrases like “friend me,” “follow me,” “like this,” and “share that” became parts of our everyday vernacular. As a result, they disrupted

On-Chain Friends Last Forever

gm on-chain друзья 👋

Добро пожаловать обратно в CyberLetter, наш двухмесячный обзор всего, что касается CyberConnect.

Вот все, чем мы занимались за последние несколько недель 👇🏼

![c75d6d0ea7bfe6a3 (2200×312)](https://link3-image.cyberconnect.dev/5ebbb9fa-9d33-4741-a22d-2a7dc4b95c0c/postImageFolder/c75d6d0ea7bfe6a3)**GM Стамбул 🇹🇷 ✨**

![bcbe373bcbbdd7c9 (2000×2499)](https://link3-image.cyberconnect.dev/5ebbb9fa-9d33-4741-a22d-2a7dc4b95c0c/postImageFolder/bcbe373bcbbdd7c9)Мы находимся в Турции и готовы к ETHDevConnect 2023! Это будет прекрасное время для обмена идеями, погружения в дискуссии о том, как сделать Web3 более доступным — от простоты интерфейсов кошельков до азарта социальных сетей Web3 и просто наслаждения компанией коллег-энтузиастов блокчейна.

Вот [список мероприятий](https://twitter.com/CyberConnectHQ/status/1724232911862600112), которые мы посещаем и проводим — приходите, поздоровайтесь!

Если вы находитесь в Стамбуле, [свяжитесь с нашей командой](https://t.me/ccistanbul2023) и давайте встретимся.

**Кэшбэк на ограниченный период чеканки CyberID 👾**

![](https://link3-image.cyberconnect.dev/5ebbb9fa-9d33-4741-a22d-2a7dc4b95c0c/postImageFolder/b0a880dd311d0563)В течение ограниченного периода времени те, кто чеканит свой уникальный дескриптор .cyber, могут требовать 100% кэшбэка от суммы чеканки в виде газового кредита в форме SmartGas на свой CyberAccount.

Поскольку с момента его запуска было заявлено более 70 тысяч дескрипторов, и вы более чем готовы создать свои собственные, [получить свой собственный CyberID](https://link3.to/cyberconnect/post/c277cf2c71a4840e88966fcee11a07c9c521b9688b06042e5c1f7860eafe0fd1) очень просто и всего за несколько кликов!

**MocaID Ранний Доступ 🤩**

![2cb9ca2774f3651c (1862×1168)](https://link3-image.cyberconnect.dev/5ebbb9fa-9d33-4741-a22d-2a7dc4b95c0c/postImageFolder/2cb9ca2774f3651c)[Mocaverse](https://www.mocaverse.xyz/), один из самых захватывающих проектов NFT за *долгое время*, делает большие успехи. Если вы еще о нем не слышали, обязательно посмотрите! Мы рады сообщить, что наши друзья из Mocaverse только что выпустили [MocaID](https://www.mocaverse.xyz/moca-id/invite), децентрализованную цифровую идентификацию, которая позволит пользователям экосистемы Animoca Brands накапливать очки репутации и лояльности. Для тех читателей, у которых уже есть Moca NFT, MocaID уже зарезервирован.

...и если у вас еще нет Moca NFT. Не волнуйтесь: в ближайшие недели у нас может быть для вас особый сюрприз. 👀

Следите за обновлениями.

![15ddb3db5a099dee (2200×312)](https://link3-image.cyberconnect.dev/5ebbb9fa-9d33-4741-a22d-2a7dc4b95c0c/postImageFolder/15ddb3db5a099dee)**Читайте 📖**

**Создание кошельков ERC-4337 💳 ⚒️**

2023 год, несомненно, стал годом абстракции аккаунтов. В этом году было создано более 1 миллиона смарт-аккаунтов, и пользователи web3 впервые увидели, как может выглядеть будущее абстрактной учетной записи на блокчейне. К сожалению, этот рост оказался медленнее, чем ожидалось.

Соучредители CyberConnect Райан Ли и Чжимао Лю рассказали о своем опыте создания кошелька для смарт-контрактов ERC-4337 и о проблемах, которые с ним возникли. Узнайте [здесь,](https://link3.to/wallet/post/62f5d659d45dac9fd05aebf2fbfe3e9d36c617ab2d225767248e22c194f4ad0b) почему многие ведущие компании в web3 делают ставку на ERC-4337 и как может выглядеть будущее CyberWallet. Доступны ограниченные коллекции.

**Слушайте 🎧**

**Как криптовалюта спасает Интернет (при участии Юджина Вэя 🤩)**

Некоторые из наиболее глубоких идей и анализов потребительских социальных продуктов принадлежат всемирно известному лидеру в области технологических продуктов по имени Юджин Вэй. Наша команда CyberConnect особенно включила его статью «[Статус как услуга](https://www.eugenewei.com/blog/2019/2/19/status-as-a-service)» в наши внутренние чтения лучших за все время веб3. Поэтому неудивительно, что мы очень рады [поделиться с вами его подкастом с ребятами из Bankless в социальной сети web3](https://www.bankless.com/early-access-how-crypto-saves-the-internet-li-jin-eugene-wei?ref=bankless.ghost.io) 🤯

Это эпизод, наполненный глубокими идеями и основанными на первопринципах подходами к созданию социальных платформ следующего поколения.

![21713dcfd10c1df6 (2200×312)](https://link3-image.cyberconnect.dev/5ebbb9fa-9d33-4741-a22d-2a7dc4b95c0c/postImageFolder/21713dcfd10c1df6)**ARPA, DWF Labs, DODO, & EthSign 🤝**

![28cd16339adb3276 (3270×1635)](https://link3-image.cyberconnect.dev/5ebbb9fa-9d33-4741-a22d-2a7dc4b95c0c/postImageFolder/28cd16339adb3276)Огромное спасибо нашим друзьям из ARPA Network, DWF Labs, DODO и ETHSign за то, что они присоединились к нам и провели вечер, наполненный содержательными дискуссиями, сетевыми возможностями и яркой энергией нашего турецкого сообщества. Скоро будут фотографии 🤩 💫

✌️✌️✌️

Это все для этого выпуска! Скоро увидимся!

**Помните: друзья в сети это навсегда** **🔗 ⭐️ 🥰**

— Команда CyberConnect

*Спасибо, что остаетесь с нами. Если вам нравится то, что вы читаете, подпишитесь на эту рассылку и следите за нами в [Твиттере](https://twitter.com/CyberConnectHQ). Хотите внести свой вклад? Присоединяйтесь к нашему динамичному сообществу, нажав [здесь](https://discord.com/invite/cyberconnect), или погрузитесь в нашу документацию для разработчиков [здесь](https://docs.cyberconnect.me/).*

***

**Присоединяйтесь к сообществу CyberConnect**

[Website](https://cyberconnect.me/) | [Docs](https://docs.cyberconnect.me/) | [Twitter](https://twitter.com/CyberConnectHQ) | [Discord](https://discord.gg/cyberconnect) | [Telegram](https://t.me/cyberconnect)

> Перевод: velyar
> [https://link3.to/velyarcoin](https://link3.to/velyarcoin)

gm on-chain друзья 👋 Добро пожаловать обратно в CyberLetter, наш двухмесячный обзор всего, что касается CyberConnect. Вот все, чем мы занимались за последние несколько недель 👇🏼