Topic: Enough of repetitive projects and old ideas - page 8. (Read 1710 times)
I have seen plenty of new projects with new ideas as well, that doesn't mean they will be good neither. I mean surely having the same old same old is not the solution neither but I rather see a project that has nothing new at all but worked properly with a team that really loves their coin and works hard on it than a project that promises bunch of new stuff that fails to deliver any of them. All those projects with new ideas and brand new features eventually fails and that means the project was just good on paper and never really did anything important at all. Whereas if there is a project that is repetitive and basically copy cat of some other currency but worked amazingly well and improved to a point where its perfect on development and amazing marketing I would say it would fair a lot better in the market.
DeFi is the new use case in crypto space presently, soon you will start seeing fake DeFi projects because that's what scammers do, having two or three DeFi projects in your portfolio is more than enough, do not put your eggs on one basket, find other real use case
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
It depends on what we read that the project is included as a fictitious project or not because if we talk about fictitious projects, of course, what we will get is a project that is indeed just a mere copy of the existing project. from whitepaper to the whole. they only aim to scam investors Bring in something NEW or don't bother at all
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
The technology can still bring a lot to the community, but sad to say some developers are on the money side instead of thinking of more ways that add usefulness of the project they always opted for money grab crowdfunding like ICO when it can be set up with little funds coming from private investment, they want money pouring in in their idea which turns out to be useless.
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 think you hit the tipping point mate and It is a hundred percent true! that most of the projects nowadays are just copycats or just recycle from the existing platforms, so what can we expect from them? after the hype was expired eventually the project will slowly die because it has no use case at all. that was the other side of the crypto industry today, so be careful while choosing the right platform when investing in ICO, IEO, STO, etc. Bring in something NEW or don't bother at all
The interest in thinking easy money will drive people to create their projects similar to others just to fool newcomers but somehow they never succeed because we are not an innocent individual to be fooled with that trick. The community is already aware of this but it was so sad that still a lot of fake projects we saw around. I think that this situation couldn't be stopped nor to see an ending story of scamming because they will find a way to make it and find their prey.
Yes, this is what I am seeing now, repetitive projects, either scam or not but the majority of them are scams. In the future, I don't think they will exist they will be left to dust. I am sure people will be more knowledgeable about crypto in the future and they will not be fool by scammers easily. I have said this on other thread I am seeing the use cases of altcoins in the future, as utility token of legit and working companies or products when adoption comes.
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 agree! Only the best of the altcoins will survive, we have been there and had done that already. Right now, only the best-funded altcoin with the best ideas are going to continue thriving. Shitcoins will be exposed and only the altcoins with real solutions will rise above the rest to succeed eventualy.
you're on point on this topic.. too many projects with same idea.. especially exchanges and casinos.. they're all same thing theyll claim to be revolutional.. but theres nothing new about these projects... just recycling same idea... trying to out do others that were there before them
Invest and promote rare projects with rare use cases, they hardly end up failing in the end, stay away from repetitive projects because majority of investors will stay away from them, they will have hard time raising funds
I have been doing bounties since from the two years and as a bounty hunter, I learn how to follow a good project. Most of the same projects or that one who repetitively comes have failed more likely. Because no one wants to invest in such projects whose gonna repeated itself by fixing some things.
The project would fail if they don't have the support of the investors, whether it's a repetitive or not, what matters is the support.
If there's already a project created in the space and it was not that successful, I think other would compete and would maybe copy the idea and add a bit so it would not be called as repetitive, but with a good team behind the project, they can create a more successful project.
If you say repetitive, say for instance, an exchange project like Binance started an ICO and they were successful, so do you think other projects that would follow the same would fail? of course no, because the market is big, and more of the same project are welcome to compete as long as they are legitimate.
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
You know why a lot of projects have almost had the same concept? It's because this is cryptocurrency, and currencies shares a common purpose, right? Nevertheless, all of these alts are a copycat of Bitcoin anyway.
Another reason why some greedy devs keeps on making new same projects that promises a good return is because there are still a lot of greedy people who wants to take advantage of the pump and dump scheme, a lot of people are trying to take advantage from each other, and a lot of people still falls from the same fake projects over and over again.
I have been doing bounties since from the two years and as a bounty hunter, I learn how to follow a good project. Most of the same projects or that one who repetitively comes have failed more likely. Because no one wants to invest in such projects whose gonna repeated itself by fixing some things.
There are too many duplicated projects in this market, and I believe that it will die soon and only the best and many supported projects will exist. Do not try to invest in new projects at the present time because it certainly will not go too far. Focusing on the top altcoins coinmarketcap will be the best option
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
Because they are all the same smoke and promises better invest in projects that have solid blockchain a well known dev and a big community, that is if you can find one since smart contract is kind of popular when it comes to copy paste codes. Bring in something NEW or don't bother at all
Absolutely, now it gets pretty enough for the projects which have based on the same ideas and it's been repeated by making some minor changes and keeping the same concept. That's the reason why investors have not put their money in a project like this. Investors are looking forward to something innovative and new which has the potential to grow in the future rather than repeating the concept of the project.
This is the whole truth and I strongly agree with you. Many new projects are just a repetition of what is already existing and which is the main reason why many of them if not all becomes worthless after listing because they don't have anything unique nor good which will sustain the price. Only the old projects keeps increasing in value and users because their idea is unique while they try as much as possible to keep improving while a good number of newer projects which don't have any thing good ends up dying slowly. The funny thing is, nowadays new projects ends up copying others (existing projects) whitepaper thus showing that indeed we need to be mindful of projects we invest in, as some, their team is just out to fill their pockets.
The truth is that several persons are beginning to gain awareness of the working of the cryptocurrency industry. Gone are the days when people invest money into anything that is called a project. People are beginning to carry out due diligence before investing in projects. The future will bring much more enlightenment into the cryptocurrency space and any project that lacks the ability to distinguish themselves will be left behind.
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
You just speak my mind, the space seems to have stalled, there is no new ideas coming up and this is one of the reasons why new money are not entering the space, if not smart contract, it would be cloud computing now we are having DEFI spring up everywhere. We need to see need ideas to move the space forward
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
You just speak my mind, the space seems to have stalled, there is no new ideas coming up and this is one of the reasons why new money are not entering the space, if not smart contract, it would be cloud computing now we are having DEFI spring up everywhere. We need to see need ideas to move the space forward
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