What Are Some Alternative Valuation Methods for Early-Stage Crypto Projects?
Alternative methods for early-stage crypto projects include using valuation multiples like Total Value Locked (TVL) or Daily Active Users (DAU) compared to market capitalization. Transactional methods, which compare the project to recent, similar acquisitions or funding rounds, are also employed.
Additionally, scoring models that assess factors like team quality, technology, and market opportunity can provide a qualitative valuation.