Topic: Enough of repetitive projects and old ideas - page 6. (Read 1730 times)
It seems to me that quite a lot of new projects are already appearing. It seems to me that developers need to start helping existing projects in their development and not create new ones. we have many projects that need to be worked on
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
Bring in something NEW or don't bother at all
I have to agree with this. Most investors are so over with the same kind of strategy because lots of them have been scammed the same way. Most investors nowadays only invest in coins with a firm foundation because they know the risks of investing in new coins. However, there are still a few projects who are applying the same strategy yet succeed in their own ways. Developers and team behind each project still play a vital role.
You don't need to look further than the truth by looking at the leading cryptocurrency's and find out what problems they're experiencing. Technology needs to improve and evolve, or else, you're pretty much doing the same as the others, but without much to prove, improve or show for instead.
Bring in something NEW or don't bother at all
To me, it is not a crime if an idea is repeated, but must be improved upon. Repeating the same project or idea without any addition or subtraction is what is not good.
I agree that using "same idea is not a crime", but speaking about improvement is not always necessary. Same ideas stimulates competition on the market. Think about search platform - google, yahoo, bing, yandex, wiki and other. It is not a must for them to improve, but they must bring something new and catchy.
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
Bring in something NEW or don't bother at all
To me, it is not a crime if an idea is repeated, but must be improved upon. Repeating the same project or idea without any addition or subtraction is what is not good. There are many dead projects with good ideas, but probably there was no means of developing them and the likes, they were abandoned. There is nothing bad if such idea is reawakened and repackaged for better implementation.
We are talking about repetitive projects, not superior projects. If there is a project that is superior in blockchain compared to previous ones that means it is not repetitive, it is bringing something to the table and it is changing something in the blockchain world and making it better. What we are talking about here is the projects that are basically one to one copy of other older projects just with name change and design change and basically that's it.
Definitely there is small changes in almost every single project but that doesn't mean that it will be like that for majority of the projects and it would probably be just not an important change neither. So, if you see a project and say "I have seen this before" that is a repetitive one and it is totally useless and probably a scam as well.
Definitely there is small changes in almost every single project but that doesn't mean that it will be like that for majority of the projects and it would probably be just not an important change neither. So, if you see a project and say "I have seen this before" that is a repetitive one and it is totally useless and probably a scam as well.
Not all scam projects are full of repetitive ideas, for example in 2019 we hoped for a new fundraising projects to take over IEO because it's not as successful as ICO was in 2017 and scammers sees this as a weak point and scam project like IMO came around, I was so hooked because it's something entirely new but yet I end up getting scammed
From the outset, the IMO project has been heavily warned by experts at this forum. And I'm really surprised if you don't see it. They came up with a new idea but it looked ridiculous. As a result, the project quickly became a scam and disappeared from this market 
you are right. The crypto space is very crowded right now with projects that are similar to each other. It means that blockchain technology is getting more mainstream. But it doesn't mean that each project would be just a copy of another. I really admire developer who can still think of unique projects despite the saturated market.
There are many similar projects in crypto space what really matters which team is developing those projects, if that team is having a good past with previous projects or are doing good with their current projects then it is good for the project. The team really matters if two projects are having same features as the implementation is gonna be completely different in both the cases and the better team will definitely get better results as compared to the other team which are in it just for making money.
It's true. Most projects out there has similar ideas. Which means what? It means that the coin is practically useless or has a chance small as a grain of sand on getting a lot of attention. So, These coins will die basically when it hit the market. So be creative.
Not all scam projects are full of repetitive ideas, for example in 2019 we hoped for a new fundraising projects to take over IEO because it's not as successful as ICO was in 2017 and scammers sees this as a weak point and scam project like IMO came around, I was so hooked because it's something entirely new but yet I end up getting scammed
Yes, indeed not all projects are scams, including the ICO project in 2017, as well as the IEO project in 2019, not all of them were successful, especially what made them scammers who used the weaknesses of the project to be used as a field of fraud. 
you are right. The crypto space is very crowded right now with projects that are similar to each other. It means that blockchain technology is getting more mainstream. But it doesn't mean that each project would be just a copy of another. I really admire developer who can still think of unique projects despite the saturated market.
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
Bring in something NEW or don't bother at all
Scammers will not be gone actually. It will always be there as long as there is money involved in the projects.
Even how many times we do remind the community here in the forum there are still remained others to risk their capital
in the project for sure because of the greediness they have in their heart and mind.
to make an investment, many considerations need to be done. Not just a sweet promise but also see how the team, whether trusted or negative. You can make consideration by checking the account LinkedIn the project team. if all is good I think investing is a good deed and you will avoid scammers.
A lot of people heard about cryptocurrency because of 2017 bitcoin price hype and many developers and companies wanted to have their own cryptocurrency as soon as possible, but there was no time to create something really worthy, so we have a lot of similar projects and only few of them are really innovative and can be used for problems solution
I think Binance Coin (BNB) has the potential to defeat ethereum price movements because BNB has a very good platform development and with a good platform will have an impact on price movements at the exchange, supply from BNB is also very limited meaning when the BNB is increasingly difficult to obtain will be expensive, so don't miss a golden opportunity from BNB.
Many alternative currencies are duplicates of the major currencies, which we can classify as 20 cryptocurrencies and all other altcoins are duplicates of those currencies.
all of them or most of them are open source so no one can prevent them from creating new coins.
we should stop investing in any new unknown coins and start support well known coins.
if all stop random investing in those projects most of devolpers will make more effort.
all of them or most of them are open source so no one can prevent them from creating new coins.
we should stop investing in any new unknown coins and start support well known coins.
if all stop random investing in those projects most of devolpers will make more effort.
A few months back, I talked to one of my friends on this subject. I asked him why we are getting repetitive projects. His answer was really simple. Although it may not be advisable to copy successful projects, it may be a good idea to study the failed projects and implement them in a better way. We can find a lot of interesting ideas among the failed projects. They failed due to issues in implementation and attracting investors. We can't discourage someone, if he comes up with a similar project with a better plan at implementation.
One truth we seem to neglect when criticizing repetitive project is that the blockchain preaches freedom, which is the all mark of decentralization. We cannot just rebuff of old projects that are repetitive; we also need upgrades. The question should be, are new repetitive projects more remarkable than old existing ones? Is it superior in operation and terms of use ?
You are right in this sense. Blockchain freedom means the ability to do whatever you want to do, even if it is just to copy and clone. BUT the idea of that and open source is that people should adjust and improve, not just make something identical with no added value. And that is the problem of new projects in general. No value, just stressing the blockchain and flooding the market with more crap.
Not all scam projects are full of repetitive ideas, for example in 2019 we hoped for a new fundraising projects to take over IEO because it's not as successful as ICO was in 2017 and scammers sees this as a weak point and scam project like IMO came around, I was so hooked because it's something entirely new but yet I end up getting scammed
A lot of people heard about cryptocurrency because of 2017 bitcoin price hype and many developers and companies wanted to have their own cryptocurrency as soon as possible, but there was no time to create something really worthy, so we have a lot of similar projects and only few of them are really innovative and can be used for problems solution
All we need to do is learn to avoid such projects, leave them be and watch while they bleed out,
Without any supports the project will just fadeaway, it will die eventually and be forgotten.stop warning developers about creating repetitive projects, they are looking for fast way to make money so all they can do is steal from other projects, it's only a matter of time before the projects end up dead
Scam developers will keep popping up and keep producing coin that's being copied from other existing
projects, trying to scam newbies and greed investors.
Do your research and stop patronizing projects that only after with quick profits it will only lead you to
lose your money.
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