How to research NFT games and avoid Rug Pulls

1. What you need to know

There are a few things you should be aware of when checking a project:

• It's a bit hazardous to play the NFT game if it doesn't make sense.
• Do background checks on the developers to ensure they are legitimate.
• Although rug pulls have roadmaps as well, they are still an excellent predictor of a possible good project.
• Tokenomics: How is the token distributed, and is it built to last?
• Websites, social media, magazines, interviews, and more provide further validation.
• Check the background of your partners to ensure they are legitimate

2. How to conduct research

Let's talk about Axie Infinitie, one of our favorite nft projects. It has a wonderful mechanic of play, but certain games, such as Robotwars, are known as a scam rug pull NFT project whose gameplay is simple click to earn.

For the creators of the game, check out LinkedIn, Media, Telegram and more. For anonymous teams, it is also quite risky to decide to invest in a project, and it is also a bit surprising when someone becomes a senior game developer after working as a janitor. Of course this is not entirely unlikely but still very hard to believe unless they can provide proper training, good portfolio and certification.

Anyone can overstate their idea, so study the whitepaper carefully, pay attention to the funding rounds, as well as the consumers and partners engaged, to establish the investment's reliability and exit liquidity. Please investigate how this project operates and how the game's token is generated in the long run. The majority of NFT tokens or NFT coins are distributed, limited, and demand mechanics are addressed to maintain the game's life.

Read the creator holder's wallet, this working with me almost every time. there are plenty of cases that scammer trying to liquidity and gains out your token through the scam coin-->cases.

This is an example that you need to watch out for if you find it in the wallets of big holders, creators of a project. Please consider before investing in anything. I dont know if this project actually is a scam or not. However, I do attempt their beta game and discover that it is enjoyable to play, and I examine many other factors in order to make money.

I did my reseach and attempted to put my faith in it with the smallest price, but only time will tell if I made the right decision. Because it's worth it if it works.

Thank for reading!!