A Monitoring Tag serves as a categorization, distinguishing cryptocurrency projects that are more established compared to Seed Tag projects. These projects typically have a working product and some user adoption, but they also come with their own risks, including legal and regulatory challenges, technological issues, and market volatility.
Purpose:
- Helps users make informed decisions about newer or recently listed cryptocurrencies.
- Promotes transparency and sustainability in the crypto ecosystem.
Criteria for Monitoring Tag:
- Project team commitment.
- Development activity level and quality.
- Trading volume and liquidity.
- Network stability and security.
- Public communication level.
- Absence of unethical or fraudulent conduct.
- Contribution to a healthy crypto ecosystem.