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Topic: Enough of repetitive projects and old ideas - page 10. (Read 1730 times)

sr. member
Activity: 2044
Merit: 314
Vave.com - Crypto Casino
Many new altcoins will die in the future because there won't be many investors investing money on them and as we know it we have many scammers here who will keep creating useless tokens and coins, if you are a developer and you think you are serious enough then try as hard as possible to come out with something new and different, enough of repetitive projects and same old ideas

Bring in something NEW or don't bother at all

Actually it's already happening, so many projects are caught using old projects and copying whitepaper from old projects, they are caught doing that, they thought they can get away some even using photoshopped picture just to make their projects run by real people, if investors is not good in researching he will end up losing his money to these fake projects. 
Research before you invest, this is one of the golden rule in investing because if you will just listen to a Hype of a pump and dump group then you will lose money. If they just copy an old project without the consent of the former developer then that is a clear scam for me not unless they work with the same team, and just reviving the project. People keeps falling on this trap, they should at least know how to analyze the new project or ask for some thoughts in this community, many people will give reviews for sure.
legendary
Activity: 3416
Merit: 1225
Many new altcoins will die in the future because there won't be many investors investing money on them and as we know it we have many scammers here who will keep creating useless tokens and coins, if you are a developer and you think you are serious enough then try as hard as possible to come out with something new and different, enough of repetitive projects and same old ideas

Bring in something NEW or don't bother at all

These scammers are not developers they have no original ideas and they cannot construct something new for the community, so they resort to copying other developer's work in the past, all they want is to set up crowdfunding, some of them do it hastily, forgetting the simplest details, a good and original concept create a big buzz in the community and that's what makes funding easy.
hero member
Activity: 2926
Merit: 567
Many new altcoins will die in the future because there won't be many investors investing money on them and as we know it we have many scammers here who will keep creating useless tokens and coins, if you are a developer and you think you are serious enough then try as hard as possible to come out with something new and different, enough of repetitive projects and same old ideas

Bring in something NEW or don't bother at all

Actually it's already happening, so many projects are caught using old projects and copying whitepaper from old projects, they are caught doing that, they thought they can get away some even using photoshopped picture just to make their projects run by real people, if investors is not good in researching he will end up losing his money to these fake projects. 
hero member
Activity: 2562
Merit: 577
Bring in something NEW or don't bother at all

I hear you bro, and I share your thoughts as well, I think our market is already clogged with same ideas and concepts, we have too many payment system related projects, too many exchange related projects, and so on, but one thing I observe is some project that manage to bring something totally different are not given the much needed attention, it is either people consider it to be not needed in the crypto space or too impossible to achieve, so I think project developers sometimes want to develop a project in line with what is selling or what people are most interested in,

However, you can still find some very distinctive projects out there that are striving to make a difference and bring something new, the only problem is they have less support and completely under the radar.
hero member
Activity: 2268
Merit: 507
I do agree with your point. Too much projects who are working on the one idea.

I can take a smartcontract idea that was created by ethereum and then so many copycat projects have been appearing like tron, eos, tezos, zilliqa and many more.

Payment solution : CRPT, CRYPTO.com, uquid, wirex etc

we need a new idea.
member
Activity: 210
Merit: 13
Many new altcoins will die in the future because there won't be many investors investing money on them and as we know it we have many scammers here who will keep creating useless tokens and coins, if you are a developer and you think you are serious enough then try as hard as possible to come out with something new and different, enough of repetitive projects and same old ideas

Bring in something NEW or don't bother at all
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