Recently, I’ve been talking to people about whether a project is truly reliable or not.


Honestly, beginners shouldn’t focus on candlestick charts right away; first, look at three things: GitHub, audit reports, and upgrade multi-signatures.
Don’t just look at stars on GitHub and get excited; check the commit history and issues.
If there’s no activity for three months and they’re still posting good news every day, I start to get a little worried.
As for audit reports, don’t just screenshot “Passed”; focus on whether there are high-risk issues that haven’t been fixed and whether the review process has kept up.
Upgrading multi-signatures is even more critical—who has the permissions, how many signatures are needed to modify the contract, and whether there’s a time lock.
A couple of days ago, I saw on-chain a contract that changed the owner to a new multi-signature just two hours after passing, with the nonce jumping rapidly, like a lock being changed in a run-away style…
Anyway, I prefer to wait and see.

By the way, the recent fuss over NFT royalties is actually similar to multi-signature upgrades: who sets the rules, and can they be changed suddenly?
Liquidity is important, no doubt, but it’s also tough for creators to be cut off all at once.
That’s all for now. I’d rather go slow and avoid pitfalls.
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