🇲🇬Data
Discord Active Members vs Total, Chat Activity vs Total Size
Discord is the primary communication channel for most NFT projects. You should measure the level of engagement by comparing the number of total members to the number of active members. An active community where people discuss the project's details, future plans, and express their opinions is a good sign. Conversely, a large number of members with little interaction or mostly spammy messages can be a warning sign.
Twitter, Total Followers vs Engagement on Posts, Quality of Followers
A project's Twitter profile can provide insights into its popularity and community engagement. A healthy follower count should correspond with a proportionate level of engagement, like retweets, comments, and likes. If a high follower count contrasts with low engagement, it might indicate that a considerable number of followers are bots. Tools like SparkToro can provide analysis on the follower quality.
Marketplace Data, Total Holders vs Supply
A project's decentralization level is an important aspect to consider. Ideally, the total supply of NFTs should be well distributed among a large number of holders. If the majority of NFTs are held by a few addresses, this might indicate a manipulated market, which can be a red flag.
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