It's a relative topic and can vary for each sympathizer in the crypto world and we may not be able to arrive at a concrete and solid truth. In my opinion, a project failure is when is failed to fulfill its internal objectives and reach the masses or fail to get some texts in conventional media or large media. On the other hand, the evolution of scam is increasing due to the increase in the market, arousing people's greed.
But the pattern exists and in this case it's to raise a large number of funds and not apply it to the established consensus.
Topic: Is it the same? (Read 535 times)
The adopted phrase for the projects you described here in the Cryptocurrency world is SHIT COINS. Most of them have inexperienced team with no major partner to help their projects to success and thereby ignore the project in the midway leaving their investors' funds wasted or looted. Some are scam from scratch but the investors get distracted by the promises too good to be true offered by the team with scam intentions.
many projects have implemented this strategy structured were very good at the start but when in the middle the development didn't go well it is better to avoid investing in the new project because the risk is very high you can look for investments in top coins
The adopted phrase for the projects you described here in the Cryptocurrency world is SHIT COINS. Most of them have inexperienced team with no major partner to help their projects to success and thereby ignore the project in the midway leaving their investors' funds wasted or looted. Some are scam from scratch but the investors get distracted by the promises too good to be true offered by the team with scam intentions.
Greetings Bounty Hunters!
I'm just curious on how do you call a failed project (project who run some features but didn't continue) and a project who depreciated within time (projects who has lost its value due to its low demand and market value)
As I'm only aware of Scam projects ( projects that only within plans and didn't proceed to any features )
Another thing is how can you tell if it has a potential or doesn't have any?
I'm just curious on how do you call a failed project (project who run some features but didn't continue) and a project who depreciated within time (projects who has lost its value due to its low demand and market value)
As I'm only aware of Scam projects ( projects that only within plans and didn't proceed to any features )
Another thing is how can you tell if it has a potential or doesn't have any?
To show a good potential or not, in fact we can't see how much budget a developer has spent on marketing bounties, unless they pay bounty hunters with Bitcoin or Ethereum. Payment with BTC or ETH looks more serious and intent on running the project. They really want something real and dare to sacrifice a large amount of money to pay the bounty hunter.
This is very different from the developer who paid with shittoken. Actually, there is no real money spent by the developer to measure how serious the developer is in handling the project.
Another thing is how can you tell if it has a potential or doesn't have any?
actually it's simple, legit projects always have active developers and also have developments every month, not only that the team also communicates with the community.Every day or every week as an investor you must monitor every progress, this is very important, so that when the project becomes suspicious you can take steps to anticipate and get out of the project and look for other better projects.
In the beginning, the developers and the team can be very active to communicate with all people in the community, and they still give progress on their project. But in the next few months, one by one of the team and even the developer disappears, and people losing contact with them. The bounty manager will be busy handling and convince the participants and the investors that the project still running. We can see that sooner or later, all of them leave the project without saying anything to people, and they run away with the investor's money. The bounty manager can't do anything because that is not in his control.
Another thing is how can you tell if it has a potential or doesn't have any?
I was a bounty hunter so I can really tell if a project has huge potential or not, every project has their capacity of bringing funds to bounty hunters which can be categorized under low budget funds(token/usdt/eth/btc) and high budget funds,(token/usdt/eth/btc), I understood from these categories that- Low budget projects approximately $3k paying hunters in token/usdt/eth/btc usually have good potential at the end the campaign. Examples are Injective Protocol, Cartesi, DeFi Yield Protocol
- High budget projects approximately $500k+ paying bounty hunters in token usually fail and have less volume if listed on exchange. Examples are Hivenet, TLSGROUP
In conclusion, potential project brings less budgets for bounties hunters. Take note.
I kind of doesn't understand the analogy here. Isn't it good if the project has a huge amount reserved for bounty hunters? That somehow means they will spend more on marketing. Care to elaborate on this more?
For OP, it is hard to check every project you bumped into to check if it is going to be successful or not. What I do is that I stick to a bounty manager with a good track record. These bounty managers, if they are good, check every bounty before they accept managing them. Some even notify people if the project became bad after a few weeks. Well, bounty managers are human too so they make mistakes. But still, the track record and them being able to care to their hunters is sort of the key.
yes it's the same, I call it the Failed project. whether the project disappeared suddenly, committed fraud, or failed because it was not popular. I call it that for whatever reason, the project costs the investors a loss. and if you ask what a worthy project is like ?. I believe that, worthy projects are those that are in the top 100 coins with the largest market cap. and they are still developing. If these two things have been fulfilled, I think the project is worth investing in.
I am also a bounty hunter in this forum. and I made it a job, because I am unemployed.
Projects that fail due to several factors, such as failed fundraisers, developers run off investor funds.
But the project's biggest failure was not getting enough publicity.
Potentially good projects all go well with developers and investors.
Projects that fail due to several factors, such as failed fundraisers, developers run off investor funds.
But the project's biggest failure was not getting enough publicity.
Potentially good projects all go well with developers and investors.
Greetings Bounty Hunters!
I'm just curious on how do you call a failed project (project who run some features but didn't continue) and a project who depreciated within time (projects who has lost its value due to its low demand and market value)
As I'm only aware of Scam projects ( projects that only within plans and didn't proceed to any features )
Another thing is how can you tell if it has a potential or doesn't have any?
I'm just curious on how do you call a failed project (project who run some features but didn't continue) and a project who depreciated within time (projects who has lost its value due to its low demand and market value)
As I'm only aware of Scam projects ( projects that only within plans and didn't proceed to any features )
Another thing is how can you tell if it has a potential or doesn't have any?
Don't like bounties but I can tell you for sure, you can't judge the projects success based on bounty itself.
Bounty is just way of rewarding the new investors and helping publish the existence of that project to wide range of investors. Consider bounty as "ONE OF" the marketing strategies out of hundreds which helps new ICO's to gain popularity.
Now project's success absolutely depends on how these bounties do well (i.e. marketing) and also how investors see the future of it based on its concept, ideology, long term or short usage, modesty etc.
The judgment is mother of all if investors don't like it and same thing goes viral. Revers is also true!
Another thing is how can you tell if it has a potential or doesn't have any?
actually it's simple, legit projects always have active developers and also have developments every month, not only that the team also communicates with the community.Every day or every week as an investor you must monitor every progress, this is very important, so that when the project becomes suspicious you can take steps to anticipate and get out of the project and look for other better projects.
Greetings Bounty Hunters!
I'm just curious on how do you call a failed project (project who run some features but didn't continue) and a project who depreciated within time (projects who has lost its value due to its low demand and market value)
From my little experience, failed projects are those who run some features but failed to pull through with their WP or roadmap. The devs just have the ideas in their brains but aren't able to keep it a reality to finally actualize it. I had several tokens like that in the past. But if tokens dump after they're listed, it's a normal thing to me as early investors always take profit quickly to reenter trades. That isn't a sign of a failed project. Sometimes, these dumped projects recover once they've used cases embedded in them.I'm just curious on how do you call a failed project (project who run some features but didn't continue) and a project who depreciated within time (projects who has lost its value due to its low demand and market value)
Another thing is how can you tell if it has a potential or doesn't have any?
Any project that doesn't have a problem it's addressing or solving simply doesn't have utility. Such a project should be avoided because it doesn't have potential. Always look out for a use-case token/coin while investing. They're the potential projects.
You need to pay attention to the Bautista Manager who leads the company. If the Manager is well-known, this is an advantage. In second place is the rating on sites. The number of people participating in social companies.
Again, the White Paper. Next, I calculate the possible profit from participating in the bounty. If the profit is good, then I join the bounty.
Again, the White Paper. Next, I calculate the possible profit from participating in the bounty. If the profit is good, then I join the bounty.
It is still quite difficult to judge, because there are still many good projects that fail and projects that look bad but end in success. So far, I have evaluated projects only by looking at their consistency and always providing updates that have been done by the team. If the project has no updates and is not active at all, it is clear that it is a bad project and has no hope for the future.
These projects are to be dumped and evaded by the investors because their team didn't continue working on the development or they just gathered enough funds and just want to leave the space, i've seen some of them and even got in touch with some projects in the past, their aim is just to make money and even their products aren't working in a proper way. I do know about alot of projects like the ones you're talking about, it's makes me feel a headache to see that amount of failed projects. Also now, alot of projects succeeded because of the DeFi hype but they aren't going to live for a long period so just be safe interacting with them.
Greetings Bounty Hunters!
I'm just curious on how do you call a failed project (project who run some features but didn't continue) and a project who depreciated within time (projects who has lost its value due to its low demand and market value)
As I'm only aware of Scam projects ( projects that only within plans and didn't proceed to any features )
Another thing is how can you tell if it has a potential or doesn't have any?
Most of the projects you've mentioned are just the same and oftenly the team is just unfortunate that's why the project fails or doesn't get enough recognition to be successful. Some projects fails because they spent so much time upon waiting on reaching their cap or they are analyzing the project in a very time consuming way. Most of the time, I rely on the project manager in terms of the projects potential, I don't usually trust the whitepaper. If I have past experiences with the project manager, I will right awat join it because I know the leader's reputation and he won't definitely ruin it. I'm just curious on how do you call a failed project (project who run some features but didn't continue) and a project who depreciated within time (projects who has lost its value due to its low demand and market value)
As I'm only aware of Scam projects ( projects that only within plans and didn't proceed to any features )
Another thing is how can you tell if it has a potential or doesn't have any?
Poor marketing has something to do why the projects failed. If the dev cant execute a good marketing strategy then they cant attract investors to support their project.
-snip-
I doubt they had "poor marketing" strategy. They all start with the intention of "failing". They make all those false promises, gain peoples attention and a hype is created, they slowly exit scam people without even people realizing that. No matter what "marketing strategy" they apply, serious investors know what the real deal is and will avoid them at slightest inconvenience. If a project has potential and the developers keep on working, they are bound to succeed. -snip-
This is some of what I notice to these projects that are not scam but has bad ending.
Like I said, I have a feeling they make it look like they didn't try to scam people and had a "bad ending", but these were planned all along.
Honestly it is difficult to know the prospect of any project and by the way, "potential" in your context could mean so many things to different people. If you are talking about getting listed with good price you can guess the prospect by trying to explore where the token intend to be listed. Although many dev do not like to give answers to where the coin will be listed or they can lie some other that come forward to talk about listing in exchange platforms such as Latoken, p2b2p, probit etc are likely to end up with wash token price. I have seen some project recently in the past that had gone inactive for almost a year and comeback strong. https://the4thpillar.io/ with token ticker 'FOUR' is one of them. This mean it is difficult to tell the prospect of any token
If the team themselves are communicating with the investors then it is a good sign. I have lots of coins that came from different kind of bounties and most of them failed. Somehow I still see some of them manage to make through, they continuously make updates to everyone and keep on informing on what are they doing in the meantime.
If you can see there are big money that have been put on a project then it has a potential of supporting it's cause, and also if they have accumulated funds that could stabilized it's coin price after the sales.
If you can see there are big money that have been put on a project then it has a potential of supporting it's cause, and also if they have accumulated funds that could stabilized it's coin price after the sales.
Greetings Bounty Hunters!
...
I have seen all sorts of projects and bounty campaigns:...
The ones with high budget, they have paid and project is a success and vice versa.
Same goes for projects with small budget mostly they pay and project is a success but sometimes even small budget campaigns do not pay or the project fails.
Greetings Bounty Hunters!
I'm just curious on how do you call a failed project (project who run some features but didn't continue) and a project who depreciated within time (projects who has lost its value due to its low demand and market value)
As I'm only aware of Scam projects ( projects that only within plans and didn't proceed to any features )
Another thing is how can you tell if it has a potential or doesn't have any?
I have seen all sorts of projects and bounty campaigns:I'm just curious on how do you call a failed project (project who run some features but didn't continue) and a project who depreciated within time (projects who has lost its value due to its low demand and market value)
As I'm only aware of Scam projects ( projects that only within plans and didn't proceed to any features )
Another thing is how can you tell if it has a potential or doesn't have any?
The ones with high budget, they have paid and project is a success and vice versa.
Same goes for projects with small budget mostly they pay and project is a success but sometimes even small budget campaigns do not pay or the project fails. So the conclusion is that there is no guarantee and bounty is not free money it is constant hard work where you are only in profit when you average out after a year.
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