As part of the description of how a cryptocurrency project intends to solve the specific problem identified, should be reference to data that quantifies both the problem and the solution.
Data that quantifies the problem enables you to get a sense of the size of the opportunity and is useful for evaluating before a project is live.
This will include macro-economic data, information related to whatever can be considered the incumbent that is being challenged and more general adoption models.
If the project is focused on fast, low value/cost, permissionless transactions then you might look at the size of the market for international remittance, existing services and any attempts to focus on a specific niche within that.
That is a difficult bundle to unpack, and highlights the difficulties of Fundamental Analysis. You’ll need to do desk research, pulling together available resources online and where existing reports aren’t available, use proxies such as Google Search trends data or Reddit subscribers. Anything that is a reliable barometer of sentiment towards the idea or solution.
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