The scope outlines the project's vision and plans for token issuance, platform development, ecosystem creation, partnerships, regulatory compliance, and scalability. This can also include long-term goals, such as network upgrades, product enhancements, or future integrations with other blockchain networks or industries. A well-defined scope ensures that the project stays focused, measurable, and aligned with its objectives.
Track record includes project its performance, achievements, milestones, and any previous successes or challenges it has encountered. The track record is critical for assessing the credibility and reliability of a project, as it provides evidence of the team's ability to execute on their promises and deliver results. Key components of a crypto project's track record might include successfully reaching project milestones (such as token sales, partnerships, and product launches), maintaining a secure and stable platform, delivering on the roadmap, and effectively managing community and investor relations. A strong track record can significantly increase investor confidence and improve the project's reputation within the crypto space.