Enough of abandoned projects | Bitcointalksearch.org

anahata

sr. member

Activity: 523

Merit: 300

Quote from: KuromaYoichi on July 09, 2018, 12:16:57 AM

There's still a lot of failed project but i am agree with you that people must stop investing into a project without mvp. There's a lot of project from last year that haven't release anything till now and they collected a lot of money back then so there's a lot of people that suffer because of this. If people stop giving money so easily then the icos will raise their standard and the amount of failed project will be reduced.

I still see lots of people throwing money on useless ICO's. They should atleast realize that no big exchanges are listing any coins from last few months. What is the point of investing, if they never even get listed, and goes to trade on graveyards such as idex or forkdelta.

cr1st0f

full member

Activity: 226

Merit: 100

I think we need regulation who will check mvp and if there is nothing then its not acceptable to do ico, because 90% of ico only saying and not doing anything.

george_hured

full member

Activity: 644

Merit: 101

The crypto-currency market is famous for its ingenuity to deceive people. You did not think that many projects are really a big problem for developers today, they came up with an idea that really has all the chances for success, but how to implement it? This is important.

cryptohunter

legendary

Activity: 2100

Merit: 1167

MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG

It makes sense to the devs teams

raise funds and keep large % of minting.... gradually dump as you lie about great progress...

abandon

come back with another great idea for an ico later

do the same again

ICO in unregulated form = 99% of losing money now.

Keep to BTC and REAL alts

blue08

jr. member

Activity: 322

Merit: 2

There are some project that is good and has a founder or developer team which has a background in business, but still, some are dropping its price below ICO rate when it reach the exchanges and having a hard time to recover. The bounty hunters has a big factor in dumping the price and some investor is losing interest once the price is dumped already. So the dev team should have a great strategic plan in order to maintain its price without falling below from the ICO rate.

starplaks

jr. member

Activity: 322

Merit: 1

The question is how this trust will be received, because earlier projects were also promising, but nevertheless, after the ICO everything ended!

KuromaYoichi

sr. member

Activity: 756

Merit: 251

Sovryn - 300-500% APY on USDT Deposit

There's still a lot of failed project but i am agree with you that people must stop investing into a project without mvp. There's a lot of project from last year that haven't release anything till now and they collected a lot of money back then so there's a lot of people that suffer because of this. If people stop giving money so easily then the icos will raise their standard and the amount of failed project will be reduced.

TommyJr

newbie

Activity: 56

Merit: 0

I totally agree with you. I think soon there will be changes which would bring revolutionary impact on the market. Let's see what happens.

gucci belt

jr. member

Activity: 224

Merit: 1

Quote from: temilade200 on July 05, 2018, 10:44:51 AM

It is high time the crypto space be ruled by projects with good tech, projects with working MVP. 2018 and subsequent years in the crypto space, should be ruled by projects with good products and physical assets that would give more credence to ICOs.

I think there will be selection in any competition, but unfortunately crypto is more complicated than others, especially on new projects. We see a lot of projects that are quite successful when ico, and do not last long. And we never really can tell which project is right and which is being manipulated.

ShareAccepted

member

Activity: 336

Merit: 11

Victorieum Digital Wallet Revolution

It is the price we pay for being in this competitive and awesome market. Some of the projects are simply not destined to win, and others are.

zxrcoin

newbie

Activity: 252

Merit: 0

The market of crypto currency is based on blockchain technology. One of the key characteristics of this blockchain technology is that it is based on the decentralized network. In this system, there is no one to regulate or mandate the rule over the market. The foul people are taking this advantage to fool the investors. I hope that soon there will be a way to solve this problem.

ambisyon

jr. member

Activity: 322

Merit: 1

I think that there are many abandoned projects leaving behind after the campaign and token sale of a certain ICO's. People investing to such ICO and bounty hunters had been in a very disappointing situation where after they had put their investments and participating in bounty campaign for almst 8 weeks or more were being left behind with no reason behind. It is very unfair for the investors and the bounty hunters for such incident as this one. would suggest that this ICO's should be properly screened and verified if it is a legitimate one.

Jonnitor

member

Activity: 378

Merit: 11

yeah i had enough of abandoned projects, im so disappointed with what happened after i did my job promoting their project. i hope this wont happened anymore in the future, and also i hope that this developers will be punished.

cherryscarlett

member

Activity: 238

Merit: 10

Power the World for FREE

However, most of the hyped ICO projects are still dominated.
Most of the technology used by the token has not been recognized by the market, people still tend to hype.

jokowo

jr. member

Activity: 266

Merit: 2

Quote from: temilade200 on July 05, 2018, 10:44:51 AM

It is high time the crypto space be ruled by projects with good tech, projects with working MVP. 2018 and subsequent years in the crypto space, should be ruled by projects with good products and physical assets that would give more credence to ICOs.

A project with live products will probably give more confidence to investors. But it should be underlined, that not all projects have the same direction with their tokens. Projects can be successful, but tokens will have values in the same way.

Getcoinsite

sr. member

Activity: 714

Merit: 260

Quote from: temilade200 on July 05, 2018, 10:44:51 AM

It is high time the crypto space be ruled by projects with good tech, projects with working MVP. 2018 and subsequent years in the crypto space, should be ruled by projects with good products and physical assets that would give more credence to ICOs.

How can someone offers unique projects and products when i guess all of the available for development had been released by all ico,imagine thousands of project had been applied in altcoins so i think there shoukd be no option for them to release,what they need to do is upgrade each and make new things to attract investors

Gr4yF4ng

newbie

Activity: 57

Merit: 0

Quote from: temilade200 on July 05, 2018, 10:44:51 AM

It is high time the crypto space be ruled by projects with good tech, projects with working MVP. 2018 and subsequent years in the crypto space, should be ruled by projects with good products and physical assets that would give more credence to ICOs.

I totally agree with you. So many altcoins in the graveyard because the companies make big promises and fail to deliver. There are a few good altcoins that have gotten hurt in the bear market that have good potential though. Shopin and especially Morpheus Network are likely going to perform well in the next year. Morpheus has a token swap right now, so wait until that's finished and then buy a few thousand coins for a cheap price to secure a masternode. They're creating a supply chain platform to optimize the global logistics industry.

duchaitp

member

Activity: 308

Merit: 10

I think that in the future the number of ICO projects will decrease. Only good projects are of interest to investors. So the market will be cleaner.

enhu

legendary

Activity: 2492

Merit: 1018

Its been going for years already. Those who were here long enough have witnessed all these and time again it always happen investors doesn't even think whether they are scam and I must admit I have sent BTC and ETH to some of it because it looks very legit. Anonymity has helped those scammers but thanks to those scambusters. There used to be users who are keen to asking high ranking escrows but I guess they are not very active these days unlike way back. Scammers are also becoming clever that they will have their own MVP sometimes.

commander11

sr. member

Activity: 547

Merit: 250

0x3f17f1962B36e491b30A40b2405849e597Ba5FB5

Quote from: Tactical Genius on July 06, 2018, 05:35:59 PM

This is a very sad development which we must admit. A lot of projects raise moneys that is way in excess of what they need yet we never see any product and they keep delaying timelines and even when they finally get a product it is highly buggy or unstable. Satoshi didn't need an ICO but came up with bitcoin which has existed till date why cant people do same?Scams are now abound and some come up with brilliant ideas only to realize it isn't that easy

If only we had an independent organization (separated from government) that in polished the rules and guidelines in every ICOs out there that wants to bring innovation, then this problem will eventually fade as we strengthen the guideline. But there is no such rules. And the SEC is not making a positive and vivid move about this ICOs craze either, they are just punishing those who violate the rule and not making any positive foundation for the betterment of innovation.

Topic: Enough of abandoned projects (Read 431 times)