Generate Web3 Investment Questions

I'm evaluating Web3 investment opportunities and want to create a comprehensive due diligence framework. Please generate thoughtful, probing questions I should ask before investing in any blockchain or Web3 project. Please organize the questions by category and create questions that will help me: 1. Evaluate the true fundamental value of a project 2. Identify potential red flags or warning signs 3. Look beyond marketing hype and promises 4. Assess the long-term viability and sustainability ## Categories to Cover ### Team & Leadership - Founder background, experience, and track record - Team composition and relevant expertise - Previous successes and failures in the space - Reputation within the Web3 community ### Technology & Technical Merit - Underlying blockchain architecture and design choices - Technical innovation vs. derivative approach - Code quality and development practices - Security measures and audit history ### Tokenomics & Economic Design - Token utility and necessity within the ecosystem - Token distribution and allocation structure - Supply mechanics (inflation/deflation/burning) - Value accrual mechanism for token holders ### Market Opportunity & Problem-Solution Fit - Problem being solved and its significance - Market size and growth potential - Competitive landscape and differentiation - Adoption barriers and strategy ### Governance & Decentralization - Decision-making structures and processes - Current centralization points and controls - Decentralization roadmap and progress - Voting mechanisms and participation ### Legal & Regulatory Considerations - Regulatory compliance approach - Jurisdictional risks and mitigations - Securities law implications - Legal structure and entity formation ### Community & Ecosystem - Community size and engagement quality - Developer activity and support - Strategic partnerships and integrations - Communication transparency and channels ### Risk Assessment & Resilience - Technical vulnerabilities and attack vectors - Economic design flaws and exploits - Competitive threats and obsolescence risks - Contingency plans and crisis management