When we consider the cryptocurrency space, there are more than 6,000 cryptocurrencies that are actively traded.
目前幣圈市場流通的加密貨幣高達6千多種，每種加密貨幣特性不同且其價值並非一定可以透過黃金或銀行法定貨幣來衡量換算，而能夠影響代幣價值的因素如下：
- 代幣類型
- 開發團隊
- Design of Tokenomics/Supply
- 社群
- 企業目標/用途
代幣類型
非同質化代幣(Non-fungible token)與同質化代幣(fungible token)的供需原理不同，因此其價值亦受其影響。同質化代幣可以當作貨幣或交易所的交易媒介，供交易者用於開放市場交易、現實生活交易或網路購物。
非同質化代幣(NFT)則像是收藏品、數位藝術品或遊戲收藏物件。由於其特性為非同質化，因此無法分割或被其他NFT取代，每個NFT都是獨一無二的。
Owning an NFT is like having the Mona Lisa in your living room. To the right buyer, one will be able to sell a NFT for a high price. To someone else who is not able to appreciate art, it is just another bunch of pixels.
開發團隊
The founding team is the brain of a crypto project. Like any company or business, having a strong founding team can point the project into the right direction and create value for its community. Strong founding teams usually have a clear shared vision, a mix of technical, marketing and management expertise, and years of experience in the crypto industry.
When a project has a weak founding team, or a team that is only thinking for themselves, chances are, it usually ends up in rugpulls or exit scams.
This is not only detrimental to the community that the project has built, but also the crypto community as a whole.
Design of Tokenomics
Tokenomics is the economics of a crypto token. This covers the Token use case, Token Supply, Fund Raising and most importantly, it affects the supply and demand of a token.
When investing in a new token, one of the most important things to look out for is the token use case, or in short, “What problem is this project solving for the world?”. To create value, the token should be able to solve a problem that is affecting a huge number of people and not only for a niche group of individuals
因此，可以解決重大問題的項目比起解決小問題的項目更具有成長潛力。
代幣流通數量有多少？
The other important metric to look out for will be Token Supply. When a token has higher supply, it does not mean that it is a bad project, it simply means there are more people who can hold this token. For example, Ether (ETH) does not have a max supply: this means miners can continuously mine for new ETH, as compared to Bitcoin (BTC) which has a maximum of 21 Million Bitcoin.
In ETH’s case, to counter the oversupply in the market, a few measures were taken, like the introduction of a mechanic for burning ETH during the London Fork Upgrade and increasing the difficulty of mining ETH.
代幣所屬社群
如果說開發團隊是項目的首腦，那社群就是項目的骨幹。社群的組成人員通常是項目的忠實支持者，他們主動宣傳項目並提供意見回饋讓項目更加完善。
When Ethereum had a hard fork into Ethereum and Ethereum Classic, this cause a split in the community as some believed that Ethereum Classic is the way to go, while others believed that Ethereum was the one to back.
Lively, engaging communities help to bring in more investors, increase adoption, and provide liquidity for the token in the market. Therefore, do not underestimate the power of community as they are an integral part of the cryptospace.
企業目標/用途
At the end of the day, every business and every token project exists to solve a problem. Does this project solve a problem? Is it a significant problem? Is it a good and elegant solution?
These areas of evaluation will give a clue as to whether a token is perhaps entering an already crowded marketplace, or which other projects it is competing with. Investors will need to decide if it can grab market share, or if it is trying to solve a prblem that does not exist or does not require blockchain technology to solve.
哪一種代幣最好？
由於每個人個性、投資習慣以及財富條件不同，因此並沒有哪一種代幣絕對是最佳選擇。您不妨參考上述面向來進行評估，發掘具有暴漲潛力的項目或者篩選出不符合您理想的項目。
無論您的投資目標為何，千萬記得投資前一定要多方查證！
