Topic: Does ICO developers truly believe in their projects - page 6. (Read 689 times)
Based on this before investing in ICO projects we need to do some research based on this if this project is worth to invest then it will be great but we need to wait for it the actual result.
Of course, they believe in it otherwise how could they earn the profit in the future unless they are scammers. The developers who have a good record in their past came to join projects where they see potentiality and they will want them to succeed.
This may not be a joke, even ICO developers do not believe in their own altcoins, in fact, many ico are a new scam, and those developers are only part of this scam.
From my perspective i think peoples are always want to see their projects potential growth which they invested.
That is not a decent method to expand the estimation of the tokens, venture dev group should build the requests by building up the task in right ways in light of the fact that as I probably am aware all cash gathered from the group deal is utilized to build up the undertaking.
but what prevents them from believing?
they collected the money. Do what is planned for this money.
low price only spoils the mood. but the faster the ideas are implemented, the faster the price will soar.
they collected the money. Do what is planned for this money.
low price only spoils the mood. but the faster the ideas are implemented, the faster the price will soar.
I think if the team.or developers behind a project do not truly believe in their project then how will they find investors and supporters and why should the investors believe in that project? I do not think there is such case because if the team itself does not have the confidence in their peoject then the project can never be successful, it will lead towards failure.
Making an ICO venture is making an organization. There are numerous dangers included, and the proprietor of the organization is the person who is putting his opportunity and cash in the underlying stages. The ICO may not, in any case, take care of his expenses in the event that he doesn't do it well.
The main reason for not buying back the tokens might be liquidity. Only a very few coins support conversion back to fiat. The company needs cash to run their day to day operations. Besides, the team also holds a significant amount of ICO coins which is locked for a specific amount of time. And even if the company buys back the tokens then the public will know one way or another and that’s going to put a bad impact in the company’s reputation.
If you throw aside the scammers, then of course the developers believe in their project. They invest their time and energy in the project. They also want to benefit people.
The worthwhile ones? Yes. Developers and other cryptocurrency professionals don't involve themselves with projects not worth their salt. Shit developers working on shit projects aren't oblivious, they are clever.
As long as the project is not deemed as a scam, yes, they should believe in it. They did their fair share of the research to see if it is worth or not. So now they need to believe in it.
For me, this question has always been quite interesting. I think that the developers of ICO which is not a Scam just do not want to do it, as they have quite a lot of other things to do, but still an interesting question.
Am wondering, if all these altcoins developers that did ICO and raised millions of dollars If they truly believe in their project. If actually they believe in their tokens, why can't they be using part of the ICO money to be buying the tokens back from those who are selling or dumping at very cheap prices??
Atleast they know the amount that's in circulation since they are the one that distributed it.
Am just curious to know.
Well, maybe they want their token price is controlled by the market, and the money from ICO they will use for project development. If in the Terms & Conditions, they don't mention about redemption token term, they don't need to do that. Atleast they know the amount that's in circulation since they are the one that distributed it.
Am just curious to know.
They should believe in their projects. It is their beliefs that will do good for the project initially.
We cannot speak for all, but the HyperionX team is dedicating their lives to their project.
With the belief that we are developing a platform that will aid in the integration of average tech-users onto the blockchain. We are positive that what we are developing is necessary for the world. We offer individuals the chance to separate themselves from the centralized entities that are controlling the markets and give the people the chance to gain an understanding of what blockchain technology is and what it can do for their financial situation.
HyperionX will be a platform that is developed for the people, to help them prosper as they take control of their lives. #WithRootForce
With the belief that we are developing a platform that will aid in the integration of average tech-users onto the blockchain. We are positive that what we are developing is necessary for the world. We offer individuals the chance to separate themselves from the centralized entities that are controlling the markets and give the people the chance to gain an understanding of what blockchain technology is and what it can do for their financial situation.
HyperionX will be a platform that is developed for the people, to help them prosper as they take control of their lives. #WithRootForce
If they are true developers a projects not some scammers I am sure they truly believe in it. If the project is legit so developers will try to make their project succeed. But to know the legit project is hard for now one because there are many ICO that scammed us.
for legit project
in fact they are doing that,but they do not buy it too much because they need a fresh money to support their project.
if you are ever running the project you should have know the fact that we need a fresh money to develop it or cover its expense daily.
beside that,there will be an unforeseen expenses that might happen to your project.
lastly,if we are talking about believe or not to believe for something in cryptocurrency.
we can not tell it based on its price but instead based on its development,it's totally understandable for it to go down that deep in cryptocurrency.
because it gets manipulated.
look at Bitcoin for example if you do not believe what i am talking about.
in fact they are doing that,but they do not buy it too much because they need a fresh money to support their project.
if you are ever running the project you should have know the fact that we need a fresh money to develop it or cover its expense daily.
beside that,there will be an unforeseen expenses that might happen to your project.
lastly,if we are talking about believe or not to believe for something in cryptocurrency.
we can not tell it based on its price but instead based on its development,it's totally understandable for it to go down that deep in cryptocurrency.
because it gets manipulated.
look at Bitcoin for example if you do not believe what i am talking about.
Yes, they truly believe in their project, they will also waste their time if the project they develop is a scam. People who work on that has a lot of knowledge to do their best to become successful and they can help the community.
Anyone team that don't believe in their project, is nothing but scam. I detest market manipulation by the team. although it can be good to create awareness about the project, nevertheless, prices of coins should be decided by the traders as road map is executed by the team.
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