✅ Crypto Fundamentals Checklist

How we separate investment-grade protocols from hype.

At Altvalue Capital, we only consider projects that meet real-world adoption thresholds.
Here’s the 7-point filter:

1. Users > Narratives

• Active daily users (DAUs) and transactions on-chain.

• Growth rate (MoM / YoY).

• Evidence of repeat usage (not just airdrop farming).

2. Revenue & Cash Flow

• Real fees collected, not just token inflation.

• Protocol revenue share, staking yield, or burn mechanisms.

• Positive unit economics (revenue covers incentives).

3. Lock-In & Network Effects

• Is there switching cost for users/developers?

• Integrations with wallets, exchanges, L2s, or dApps.

• Stickiness: Does adoption compound with new users?

4. Technology Moat

• Unique protocol design or defensible IP.

• Scalability proven in production (TPS, latency, uptime).

• Security track record (audits, bug bounty, exploit history).

5. Team & Execution

• Visible, credible founding team.

• Track record of shipping updates.

• Transparent governance (on-chain voting, treasury reports).

6. Tokenomics That Work

• Clear utility (staking, governance, collateral, payments).

• Sustainable inflation/issuance schedule.

• Supply distribution (avoid whales or opaque allocations).

7. Adoption Beyond Crypto

• Partnerships with enterprises, governments, or institutions.

• Real-world use cases (finance, gaming, infra, data).

• Signals of mainstream integration.

📌 How to use this checklist
If a project fails 3 or more categories, it’s noise.
If it passes all 7, it’s investment-grade.

👉 That’s how we filter the next Ethereum, Cosmos or Celestia from the thousands of whitepaper-only tokens.

🚀 CTA Example:
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