Our methodology comes from the experience of traditional investment analysis which we have adapted and tailored for cryptocurrencies. Our reports are impartial and reviewed by multiple experienced analysts to ensure an accurate evaluation of the coin is presented. Before release, our reports are fact-checked by the coin's development team to ensure accuracy and reliability.
Spero Research takes great care in the selection process and will only select high quality coins to analyse and track. Our rigorous process starts from the beginning in identifying cryptocurrencies that have potential to truly flourish. Coins are screened using quantitative and qualitative factors, and an analysis from our experienced team. After creating a shortlist, coins are researched thoroughly and evaluated against one another. Upon deciding a coin, we contact the coin's team to ask for permission to write a report and to work with them to achieve completeness. We emphasis that the final product is an impartial report, and if this is not accepted by the coin's team, we will decline to review the coin as integrity and accuracy is Spero's ethos.
Preliminary analysis is one of the most time-consuming yet important phases we undertake to ensure we only analyse and track high quality coins.
Some of the qualitative factors that are considered are:
- Value proposition & strength of business idea
- Quality of the code
- Community engagement
Some of the quantitative factors that are considered are:
- - Initial Funding
- Continuous funding
- Inception date
- Market Capitalization
Once a coin has been chosen, our team deep-dives into the coin to fully understand and produce a report that is accurate and authoritative. This includes an in-depth interview with the founders and other members of the team. This is crucial and a defining feature of Spero's due diligence research, as we believe the team is one of the most important factors in a successful coin.
On top of that, we regularly catch up with the teams for updates - we attempt to do this at least every 3 months. Spero provides a complete and continual service for all coins that we have decided to follow.
At the end of our analysis, Spero's team schedules a final meeting for a "Power Rating" discussion, to discuss the magnitude of the 6 pillars for the coin. The 6 pillars that we define a coin by are:
A SWOT analysis is an instrumental framework in value based management and strategy formulation to identify the Strengths, Weaknesses, Opportunities and Threats for a particular company.
Strengths and Weaknesses are internal value creating (or destroying) factors such as assets, skills or resources a company has at its disposal relatively to its competitors. They are measured based on internal assessments by our analysts and external benchmarking.
Opportunities and Threats are external value creating (or destroying) factors out of a company's control, but emerge from the competitive dynamics of the industry or market or from demographic, economic, political, technical, social, legal or cultural factors.