@jiggles
To evaluate competition, start by identifying other projects in the same niche or addressing similar problems. Compare the unique value propositions—does the project offer something better or different, like improved scalability, security, or user experience? Analyze the market positioning by looking at the project's market share, partnerships, and community sentiment. A strong market position often reflects higher adoption and growth potential. Additionally, assess the team's strategy for gaining market share—do they have plans for mass adoption, strategic partnerships, or innovative marketing tactics that can give them a competitive edge?
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