Topic: could it be most project don't succeed? (Read 1271 times)

You are right, scammers are so good at using every opportunity to look for victims. Well, this forum is good enough to check whether the project you are going to join is a scam or not, I have used this strategy since I first joined here, I always check the Scam Accusations scam forum, some trusted and highly dedicated members in this forum by creating threads which contain suspicion of suspicious projects, with the facts found.

Well, I partially agree on that. It is really in need that a project is real to be successful but nowadays even those real and legible projects seems to still fail because people do not momentarily recognizes or notices them due to the fact that there are lots of existing projects in this forum which it may be hard for people to look at each one by one. Due to this reasoning still even those real projects can still do fail and do not achieve success. On the other hand, scam projects which is not real and a scam do somehow become successful in a sense that they are achieving their goal which is to scam people. Well, in this industry we are all currently into, it is now hard to identify which project will do succeed and which is not due to some contributing factors that may affect what will be the outcome of that certain project.

at present there are very many scam projects that have been launched with various objectives of fraud. there are those who are looking for profits from investors and there are also those who are looking for followers on various social media like YouTube, facebook, twitter, linkeddin, etc. so in my opinion dealing with this requires moderators of this forum who carry out strict verification to be able to post on the bitcointalk forum, so there are no more projects aimed at wanting to deceive bounty hunters

scammers who hold ICOs or sell their tokens only aim to multiply their wealth, the way to prevent it is of course having to ask the bounty hunters to be worthy or not.

It's the specific issue, people don't analyze how greediness affects their way of thinking when it comes to earning money. What can we expect? people will surely grab an opportunity that seems beneficial and profitable without even realizing that it's an approach by a scammer to deceive and exploit their funds and assets. Aside from that most of them never learn until they have experienced it, regardless of the amount you educate them because they decide to close their minds for new learning and it is the reason why they wind up doing the same mistake and situation. Also, investors these days disregards the ability of research on finding a worthy project, why? because they think that it's laborious and it's not worth of effort but they don't realize that it will help them determine which project will help them earn profit.

There are number of reasons why most crypto projects don't succeed.

First take a look at Bitcoin the mother of all cryptocurrency. This has been more than 11 years bitcoin being exchanged or mined in the market. Price of Bitcoin dictates price of other cryptocurrencies. They are closely related currencies. But market conditions are changing or fluctuating every day. Fear and uncertainty exit among crypto community. People are investing in crypto market hoping to bring high return after successful completion of token sale. But reality is that many of the startup projects turn out to be a SCAM. Identifying scam project is as difficult as finding a needle in the pile of straw. Anyone can be a victim of scam project. Cryptocurrency marketers will lose trust on social media or blogs. Only the owner of social media account will know how painful to lose their account with high number of followers. This is hard for translator who work whole day for translating whitepaper, announcement etc.
To stay safe I believe that every freelancer should read the project well and promote the project after doing research. Search project with huge awareness, engagements on social media, strong team, duration of campaign, and distribution of tokens, and listing on top exchanges.

What you should not promote?
Projects with weak team, low number of followers, very high duration of campaign, no specific date for campaign listing, exchange or distribution.
You can be a victim of scam even it was listed on exchange. But how? Sometimes project pays token on ethereum platform. But after sometimes they swap/list tokens on other wallet platform like github etc cheating all members.

most projects are unsuccessful because they cannot attract investor and community trust, that is the weakness of the project in 2018-2019, even though the project has the potential for success, if they cannot provide the best for the community and investors of course the project will fail

Yes and no. Of course if the member is a newbie, ignore them 100%. But even if the member has a good reputation (as in a lot of merit or trust) just check out their old posts too. I have seen very reputable and trusted members take part in a scam, and then turn to be very mean towards investors when it did not work out. I believe some people were even stripped of their reputation when they turned. Greed turns people you know.

Most projects aren't succeeding this days because lack of investors are strongly presence and i don't blame investors as well, some developers are nothing but scammers who don't have any good plan for their project but the money they raised only

Do you know how easy it is to create a new project? it  doesn't cost much to build ICO website and tokens this days that is why we keep seeing new projects and 99% of them are just created to raise some money

Most of the time when post on a project are made in the forum member try to verify the project so i think is best to watch that out and also take note of the members reputation it helps to check all those things and make your research before investing in such projects

Many projects will soon to failed as well, because of the high competitional rate , and like now bitcoin price may fluctuate again, we cannot determine so the chances that when they their fund it could be bad for them because the amount  they have been raised could be lessen because of the conversion factor. Also, many projects are not focuses on their main goal, they are just to focused on the amount of money that they gonna make.

It is absolutely true that most of the projects with crypto fail, but ... we forget a detail that can be disturbing but that must be taken into account: most of the projects in any field fail !!!!!
Almost all the books remain unknown, as do the songs, the films, the companies, the ideas ...
Then, occasionally, someone explodes.
And in crypto the same happens.
That's all

Scam projects are everywhere and there is a kind of project that they are not intentionally scamming investors and participants, sadly, they may be experienced some difficulties that are why are failed to continue the project. There are projects that are intentionally scamming other people by giving some promising words and fruitful outcomes that may happen if they support that particular project. That is why we should be informative in every situation especially the information about the project you want to invest in. Have some background checks so that you can know if that particular project is trusted and can lend your money without any fear. You can actually the project if that is legit when you read its whitepaper wherein almost all of the information is stated there, you can also check their websites so that you can know who are the developers and also you can check the roadmap of the particular project of what are their plan on the upcoming months or years.

With regards to your questions, Bitcointalk forum can keep on track and be aware for existing scam projects if the members of the forum like us will be reporting such malicious projects on which we suspect to be operating just to scam people all throughout this forum. It will be hard for the moderators to keep on track with all the projects being posted in this forum because scam projects are most likely promising and really looks like legible to the eyes which makes it hard to identify. Due to lots of existing projects being posted every now and then, it will be hard to keep on track with it because moderators are still people who works on a limited time frame so if we do want to create a safe work space for the sake of all of us not to get scammed, we must work all together to raise awareness about such projects that are suspected and proven scam to let other members know to avoid such projects so that we can lessen or totally have no victims. We can achieve such work space that is safe from scams once we all work together to prevent such projects to keep running into this forum.

many new platforms don't work when they don't make good updates and are accepted by the market. they began to be abandoned by the community and investors and no longer had the funds to develop the project. when all that has been suffered by a platform then just waiting for them to die if the developer does not think of better updates and innovations.

Many real projects were created but they did not increase their success from this. All this for the reason that many crypto newcomers believed in themselves and began to create their own companies. There is nothing wrong with that but now there is experience.

I don't think they can track and trace a scam project. The answer for this is we don't need to depend into btt for us to keep safe. Because to feel secure from a scam project, we need to be wiser amd aware from a project that we might  think that can benefit us. Because any project sell their info as much as good one. So it will really depend to us the way how we handle a researxh about a real amd good project that may benefit oir investment. So here I can give one name of a good alts the Aci coin to add to your portfolios.

That is how crypto is. Doesn't matter how much time and effort you put into your project there's a good chance that the project will not succeed. This is because the only real space where crypto is useful at the moment is transferring the wealth between two parties without any third party risk. And it is doing it great, we do not need anything else in this space.

Projects must be real in order to be successful. There's a lot of fake business on the market. They're using bitcoin for another benefit. They are looking for members for Twitter or Facebook pages. Bounty campaigns should be free of these frauds.