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Topic: In the end, the developer who made the token becomes junk! (Read 756 times)

jr. member
Activity: 280
Merit: 2
I cannot get why people are blaming developers, they have nothing to do with it. The whole responsibility has marketing and management team, because in the most cases, their decisions are leading to a significant price decrease.
full member
Activity: 1946
Merit: 112
Now the situation is really that holding earned tokens is not entirely profitable, since in the end you can no longer sell them. Most of the projects do not really develop and as a result they simply fade out, and their tokens depreciate. I believe that now you need to keep tokens only for proven and promising projects, everything else is better to sell and at least earn something.
member
Activity: 700
Merit: 10
In fact, a lot of garbage projects have been and are now. They just collect some part of the money and disappear. Therefore, I would not invest now in any projects.
Not all project mate, if you go and do a deep research about new projects now you can see a more deserving project to invest for. If the developer doesn’t care at all then don’t invest but its hard to notice that during their ICO/IEO you must be a good detective. If in doubt, buy bitcoin that’s the best thing to do.

I agree that many new projects are worthy of investment but in the long term I think I need proof first because the product has not been produced. It takes time for new projects to produce good products and I think the developer team must actively communicate with their investors
full member
Activity: 2128
Merit: 180
In fact, a lot of garbage projects have been and are now. They just collect some part of the money and disappear. Therefore, I would not invest now in any projects.
Not all project mate, if you go and do a deep research about new projects now you can see a more deserving project to invest for. If the developer doesn’t care at all then don’t invest but its hard to notice that during their ICO/IEO you must be a good detective. If in doubt, buy bitcoin that’s the best thing to do.
jr. member
Activity: 71
Merit: 1
Many developers leave projects that they have made with other intentions. on the one hand the limited knowledge of developers who make their projects do not get good results.
member
Activity: 700
Merit: 11
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this is probably the most common situation.Unfortunately, I also have these coins in my wallet,I made a mistake and bought-and now can not sell,the team is silent,the latest news was more than a year ago.What now remains is only to store them and hope for some development.
that's right, now such situations have become commonplace.
well, now we can't do anything except just hoping that the development team is still trying to develop their project to be better and don't plan to leave the project like that.
full member
Activity: 470
Merit: 102
yeah that's true, but on the other hand they blame Bounty Hunter for the failure of the project. I think it's all just an excuse so they can exit the scam.
some developers may only intend to get money and then leave the project because it would be better to be careful in investing.
sr. member
Activity: 1092
Merit: 250
Hodlers Network
now prize hunters face a harsh reality .. that most projects end in fraud and some of them might make a profit but not big, on the other hand the bounty hunter must also be patient to wait for their tokens to be listed on the exchange or at least have a sale value in the market ...
but seeing the unstable market situation, it is also very risky for new tokens generated from the project. Why?
because it all depends on the project developer !!!
I see that many developers no longer care about their project work map and if the developer cannot run their project correctly, the token will become junk !!!

not in the end buddy, but now i have a lot of shit tokens in my ethereum wallet
i hope there is a way to make the tokens gone or dissapear from my ethereum wallet address
so, only a good and valueable tokens will be exist in my MEW  Wink
full member
Activity: 644
Merit: 100
Teams and developers should work hard to develop projects. However, when they are difficult to get investors, teams and developers will probably leave. This makes the project trash and many people will be harmed.

The project selection is very important and should not be shaken with big results. Teams and developers should have experience and they should be transparent. We have a grip that is the roadmap of the project and should they run the project must match the roadmap.
sr. member
Activity: 1652
Merit: 262
That's correct, the project depend on the project developer, if project developer leave his works so the price will decrease. That's why crypto developer must provide github source code, if the project leaved atleast source code still in github. There are many reasons for developer to leave their project such as they think their coin is not profitable anymore, or their income not suitable with expense.

I also saw good project or platform become scam/failed although they have lot of funding, it because their money management is really bad. Sometime i just aks with my self, how to detect person with "Bad money management", "Bad attitude" more early, so i will not lose my crypto.
if we want to be more thorough, we can see the track record of the team that manages project management. both in finance and in managing the running of the project. indeed, what worries the most is not a failed project, but poor team management makes the project look very bad in the eyes of investors or participants, for reasons one of which is the team that runs away, or runs off with the money.
Ucy
sr. member
Activity: 2674
Merit: 403
Compare rates on different exchanges & swap.
Token could actually become "junk" without being scam, even if the developers are great and following the Roadmap. The main cause of extremely low price is lack of demand for a coin. So it should not surprise anyone if a coin is very low in price but a good project with great developers who are working constantly behind the scenes to deliver on their promises.
legendary
Activity: 2982
Merit: 1028
now prize hunters face a harsh reality .. that most projects end in fraud and some of them might make a profit but not big, on the other hand the bounty hunter must also be patient to wait for their tokens to be listed on the exchange or at least have a sale value in the market ...
but seeing the unstable market situation, it is also very risky for new tokens generated from the project. Why?
because it all depends on the project developer !!!
I see that many developers no longer care about their project work map and if the developer cannot run their project correctly, the token will become junk !!!

Developing a project or a new blockchain or even, doing a new platform isn't easy task. If the developer is too lousy regarding its creation then the project could possibly failed. Why do you think that many projects out there loses value? Lots of factors are there to consider with, and we shouldn't blame it all to the developer. Actually they are the technical support for this, what can they do if the budget for the project for example is short. See? The blame should be eat by the team not just the developer.
It's a team effort that always counts. If they've got real out views regarding to the potential success of the projects even they've got small amount of funds, they will find ways to make things right. It's not always the case as even they've tried the very best that they can, it's still how the end-users will come and support the project.

The market acceptance still have the big factors when the things start being offered around, but it's still a big part once developers screw things up.
full member
Activity: 1638
Merit: 122
what do you mean when you say prize hunters ? are you refering to bounty hunters ? and are you only refering to ico bounties right ?  but dont worry because these scam ico bounties are not going to last any longer   .

right now we  can see that there  are now ieo campaigns  .  before , the  number of ieo campaigns are fewer but after checking the bounties board they are like mushrooms that pops up  .  this should be our new hope ,  hopefuly
full member
Activity: 504
Merit: 100
this is probably the most common situation.Unfortunately, I also have these coins in my wallet,I made a mistake and bought-and now can not sell,the team is silent,the latest news was more than a year ago.What now remains is only to store them and hope for some development.
jr. member
Activity: 33
Merit: 1
In general, a good project is a project that can be developed by experienced developers. if the developer has a good reputation in managing the project, of course many investors believe that. if what you mean is about a good developer of course they will not leave the project they have launched, but a different story if the developer decides about delaying the continuation of the campaign.
sr. member
Activity: 1638
Merit: 251
Hexhash.xyz
The price of the token is not on the hand of developers, but they can rise their token value by keep developing their project.
If nothing making some progress in the project, then the price of their coin will going down because many of their investors lost faith to their project.
copper member
Activity: 966
Merit: 5
You are right, but however I think it takes a good team with adequate knowledge and experience to run a project anything short than this always ends up as junk. This is true, because depsite the market situation there are new projects coming up and having good public sale while continuing developing their platform while there are those that finds it hard having a good public sale and of course ends up as a failure, so I think the success of any project depends on the team.
jr. member
Activity: 193
Merit: 3
yes many projects end in fraud and i think this is a common thing that often happens in this industry. therefore, before you or anyone, it's important to research the project they want to participate in. the project can be managed well if the developer and team have expertise in managing it and that will affect the future of the project.
jr. member
Activity: 518
Merit: 3
A developer that does not care about his project is only here to scam people. This is why thorough research is very important. This is also one of the reasons some people do not trust new projects.
If you are still very much interested in them, all you need to do is to do your research before taking any step.
jr. member
Activity: 420
Merit: 3
An an investor, you do not need to invest in a project with clear vision or clear understanding of what is bring done. The sane thing also applies to a bounty hinter. You ought to have known that not every project in the crypto space will end up well. Some eventually become junk even in a short while, some may last for two to three years and for most, the maximum you will see is five years, except for few ones.
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