Rugging remains a problem in NFT space. It has taken tons of money from people many times. The biggest trigger for rugs is the bull market & one is upcoming.
Keep your eyes on projects & teams with little or no history of web2/web3 experiences, product offering and even market fit products or services.
Ask them to be transparent and open about their projects, team members and products they want to offer.
Except you have been building a project for while rushing to do presales and mint are not good ideas and may be signs of a floored plan.
Apart from proof of work, it will take a good project and team a while to build products pre mint or even post launch.
No credible project builds and delivers products overnight.
At times, hypes can blind us from detecting rugs but that becomes clearer after the hype dies down
Always look beyond hypes & promises hard to deliver.
Embrace & crave for transparency and openness about projects from founders, teams, groups & communities.
