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Topic: Enough of repetitive projects and old ideas - page 2. (Read 1710 times)

full member
Activity: 742
Merit: 160
The truth about most new crypto projects is that they mostly aim to solve similar problem with similar approach. Some older projects will even be advancing, bringing in new innovations while most newer projects claim to revamp on Whitepaper but as project progresses we find out nothing new is added. However, few new projects really ameliorate the drawbacks of already existing projects and bring in entirely new innovations.

Exactly the point. New projects are somehow trying to innovate the old ideas that another project have been trying to do but with a different approach adding up some spice on which they add up some genetic idea on how the execution to resolve the problem must be done but turns out to be the same thing and the added idea was not used because the general idea still is credited on the first project who have presented the idea.

New projects nowadays tends to innovate old ideas which is like recycling the thought and just having mixed up with new ideas of them but the aim is still focusing on the same thing. Yes, that was indeed impressive to come up into an improvement of the idea but targeting the same problem attacking it on the same strategy seems to become generic on the approach of new projects. If they really want to come up into a better idea, just make the first project a preference but do start from scratch and attack with a different approach because doing the same thing that the older project did seems to be a copyright to them and you just inserted your idea which can turn out to end on the same manner.
member
Activity: 687
Merit: 11
The problem is most developers are now after their pocket, all they want is to make money not that they really possess the potential of coming up with new ideas that can help improve cryptocurrency community.
sr. member
Activity: 1330
Merit: 289
The truth about most new crypto projects is that they mostly aim to solve similar problem with similar approach. Some older projects will even be advancing, bringing in new innovations while most newer projects claim to revamp on Whitepaper but as project progresses we find out nothing new is added. However, few new projects really ameliorate the drawbacks of already existing projects and bring in entirely new innovations.
member
Activity: 700
Merit: 27
Sovryn - Brings DeFi to Bitcoin
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

I don't see anything really wrong in repeating ideals in a new project.  Some good and worthy ideas have been abandoned probably because of financial challenges of developing such great idea further. So if another project with the aim continuing the development with some touched of improvement, then it's fine by me.  What I don't like is plagiarism and repeating the same idea without any plan of improving it further from where the idea was picked up.
Honestly I can see clearly how dangerous repetitive projects can be, here are just few thoughts of my own

1. Repetitive projects fails easily because they aren't impressive to investors anymore, many investors have a bad story to share about projects with same use case

2. They get the job done faster for scammer, they can just copy all contents and give a different name to the project, this is why I don't like repetitive projects
full member
Activity: 822
Merit: 100
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

I don't see anything really wrong in repeating ideals in a new project.  Some good and worthy ideas have been abandoned probably because of financial challenges of developing such great idea further. So if another project with the aim continuing the development with some touched of improvement, then it's fine by me.  What I don't like is plagiarism and repeating the same idea without any plan of improving it further from where the idea was picked up.
hero member
Activity: 3052
Merit: 685
We really can't put an halt to repetitive projects but they can be avoided by doing research and know exactly what you want, only newbies who aren't ready to learn will fall for repetitive projects, we already have big lists of blockchain projects and know they are getting annoying for real

Exactly, no one can control the market, we are just investors so we can choose which project would succeed if we invest on it.
Repetitive projects won't succeed if they don't have a market, but if the market still has more room to grow, then it should not be a problem as it will still be embrace.
member
Activity: 1764
Merit: 10
Of course, I agree with you, but unfortunately too many fraudsters have created and will create various tokens in order to earn money and deceive other people, unfortunately there is no way to get rid of this, but we can and we must fight with fraudsters.
member
Activity: 490
Merit: 10
We really can't put an halt to repetitive projects but they can be avoided by doing research and know exactly what you want, only newbies who aren't ready to learn will fall for repetitive projects, we already have big lists of blockchain projects and know they are getting annoying for real
member
Activity: 518
Merit: 28
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
DeFi projects are doing so well right now but for how long? Even few new DeFi projects are showing up, I smell bubble few months later, some kinda shit that ends up swallowing ICO into the ground, anyways if I have to invest in DeFi projects it won't be a new one
copper member
Activity: 966
Merit: 14
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

What baffles me nowadays is the fact that most projects now see it as a normal thing to steal others ideas and even plagiarise their whitepaper and when caught they look for an excuse to cover it up and make it look like nothing. It's sad but this is the type of projects we have nowadays, only few upcoming projects are unique in their own ways others are always found wanting. Also, you have said it all but the question is, will there be a change, when it is now rampant? There might not be a change thus the reason to be weary of every project with such questionable nature, because for sure the team are only after the funds.
hero member
Activity: 2898
Merit: 639
The amount of people who do not understand the premise of this topic is really scary. Plenty of people came in here saying "there are some good projects who are bringing new things" and that scares me about those new projects. Just because there are new projects doesn't mean that there are zero repetitive projects and that is the topic here. It is not about the new projects who do something new, it is about the new ones who are doing the old things all over again.

There are tons of projects who are doing the same thing and just copy pasting the whole coin by just changing the name and that's it. THIS is what we are against, THIS is what people are talking about here. The coins that has new stuff in it is not the discussion and nobody talks about it and not complaining about it here.
hero member
Activity: 2072
Merit: 503
It's tiring, investors are now smart to avoid some scam projects but believe me, very soon investors will learn to give up fully on new projects, old coins that are still doing well will grow bigger in future because these old projects will be the only thing left to trust.
Well, projects that have recurring concepts won't attract investors anymore, and sooner or later they will leave. this is a strong push for developers to think of new concepts that are more interesting and relevant to the blockchain. Well, that way, investors might be interested again. at present, almost all new projects that emerge only repeat ideas from existing projects.
hero member
Activity: 1792
Merit: 536
Leading Crypto Sports Betting & Casino Platform
Bring in something NEW or don't bother at all

You will find new projects that are contributing by doing something new, but you will have to search them. Most of the new projects are crap because crap sells too and it's easier to pull that off then build anything ground breaking as that would require actual skills and devoted team.

Imho it's pointless to ask devs to stop delivering shitcoins when a lot of them are in it for the money anyway and ton of investors are also just looking for instant gains.

Most people aren't tech-savvy enough to know why a some project needs a blockchain or a token and what projects doesn't and most of these projects are in this to get money from these gullible people. Shitcoin builders don't have the skills to pull off anything too complex, but most investors can't tell the difference between the coin and a token. so...

We have a saying, "Don't reinvent the wheel." Many project developers are doing the whole nine yards because it is the tried and tested thing. You cannot just tell these people scammer or not, to waste hundreds of dollars for something that hasn't been tried yet. Leave that to Elon Musk or any billionaire that has lots of money to waste on. As an investor, you just have to be careful picking their projects. Those people even don't listen to posters like you who demands that they give new stuff. Just be careful.
sr. member
Activity: 644
Merit: 257
Worldwide Payments Accepted in Seconds!
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
Its easy to say that OP but establishing a new and complete different unique project is hard. Almost all new projects if not improving some lack on previous project are just creating same concept.

What use case in reality does not have a platform yet? I think almost all are already taken. If you think about it, not all fields needed blockchain hence putting unnecessary new platform is waste of time.
member
Activity: 518
Merit: 28
It's tiring, investors are now smart to avoid some scam projects but believe me, very soon investors will learn to give up fully on new projects, old coins that are still doing well will grow bigger in future because these old projects will be the only thing left to trust.
full member
Activity: 826
Merit: 100
yes enough with these projects.. but the thing is we cannot control them, people behind on those upcoming projects.. there are a lot of projects that are coming but its always the same ideas.. If the developer only knows what are the ideas that are missing in this crypto world then we are not seeing those repetitive projects and ideas. They should try a new idea.
Yes, the project developer should try new ideas for now, especially now that there are several projects that apply the same ideas to new projects, this automatically provides opportunities for other project developers to build new ideas so they can attract attention investors at this time.
member
Activity: 574
Merit: 18
Making Smart Money Work
They don't know how to stop, they want money and they have nothing to offer, too much repetitive projects nowadays after having over 7000 altcoins in crypto space? I've had enough, I don't need projects with same old idea
jr. member
Activity: 110
Merit: 1
The repetition is just too much. And these days it's just all about the scam. I doubt the developers we have now want to try out new things. Once there's a trend, everyone jumps on it. Too bad.
full member
Activity: 742
Merit: 101
yes enough with these projects.. but the thing is we cannot control them, people behind on those upcoming projects.. there are a lot of projects that are coming but its always the same ideas.. If the developer only knows what are the ideas that are missing in this crypto world then we are not seeing those repetitive projects and ideas. They should try a new idea.
sr. member
Activity: 1246
Merit: 260
1A6nybMUHYKS6E6Z3eJFm4KpVDdev8BAJL
Ahh well, I am glad someone has caught a wind of this situation in this industry. Most upcoming projects are just picking at already existing projects with almost similar ideas and trying to make something new of an old project. This only takes away market cap of existing projects just like the several forks of bitcoin.
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