Topic: Is it the same? - page 2. (Read 535 times)

Scam projects apart if we take only the legit project 90% of them even go into such phase like getting a hard high on the price which they were set while selling tokens when it hit on the exchanges which normally happen as a result giving lot of tokens with discount price at the time of ICO sale.

A failed project is a failed project, the reason why they failed are of different reasons, either they exit scam or the team abandoned the project or other it's all failures, some use cases are useless in crypto and people don't like investing on them for some reasons, this means that not all introduced projects are scam, some just failed it is, that's why diversity is the best in crypto space

hard to tell the truth. but in real cases, say like ETH, their ICO used to be worth only a few dollars and is now worth hundreds of dollars. So it can be concluded that a project is successful when the team is really serious about managing the project, the product is well developed, has a large community, is listed on the top Exchange, etc.

First, it is not easy to know which project that can turn to become a scam. Second, the scam project will not stop to promote their project until they can get the investor money. Third, they can run away without telling people.
Many projects have the same idea with a different concept to introduce their project to the public, and it is hard to say that the project will have the potential to grow in the future. All we can do is be careful to select the project.

We must understand that the projects that have stopped are not all scams. of course with clear reasons and evidence. Most projects fail because they cannot pay for their core needs (developer as well as marketing) and that causes the project to fail and is discontinued in order to stop the ongoing losses. it's a different story if the project has received an investment but suddenly they stop for absurd reasons and without clear evidence, that's the easiest thing to call a scam

Every thing really needs research to the fullest, it is not enough just to rely on instinct, especially in terms of crypto, because there are so many projects including bounties that look interesting but they can still experience sudden scams even when we least expect it, this is a case that I have often encountered in crypto.

Usually a project has some 'potential' in my eyes if the team put an effort into marketing their project so when their product released someone gonna use it and the devs team active enough either in their chat group or even better when there's frequent commit in their github repo relating to their projects.
a project that has inactive team is like a really huge red flag in my opinion

For something to fail means it started at some point right? Now in my own opinion, a failed project is a project whose team started the development process, worked for some time and then it came crashing maybe as a result of lack of further ideas, mismanagement of funds or not sticking to their roadmap thus leading to lose of interest within the community hence failing. Also, a project depreciating within time is majorly caused by the team, how? As a project team, they have to put everything in place to ensure the continuous developement of the platform, they also need to follow their roadmap, adjust when need be, add more features and so on, through this way, they will constantly keep their users hoping for more hence more engagement from the users and that's what drives a platform to be valuable; take a look at Binance platform, Ethereum etc, then you will understand their teams are different from a whole lot of other projects. A scam project is one which didn't developed anything but ran away with the funds generated.
Lastly, a potential project have the neccessary features, but first they have a very good use case and by mare getting involved with the project, every idea and what the team is working on is laid bare to understand. A project with potential also goes for good exchanges so as to attract more users hence keeping the development going.

Yes, but what about the Emporium.Finance CEFI bounty project which is managed by a highly trusted manager like Hhampuz? does the project pay all participants? I think this is not only about a manager, but also about who the project team is, because a manager who is very trusted can also be fooled by an irresponsible project team, # think

First, you should look at the bounty manager. Successful bounty managers don't want to partner with unsuccessful projects.
Web sites and social media addresses can often be fake content. It is sometimes very difficult to understand that they are scammers 

I bounty hunt before but just minimal.

I think it is when it gives you the urge to buy their coin than just waiting for their bounties to be given.
It means you are getting attached to it and may have seen a future for it.
Projects with high chances of failure won't have that urgency. It doesn't even give you a little push to invest in it.
Or, they could pass the soft cap but that's it. They will list their coin but it wouldn't even affect the value of it.

I judge a project with their use cases, must not be repetitive like many others, if it's a popular use case it will be hard for the project to be successful, investors will see such projects to be less attractive, also the past history of the team with blockchain is what many new projects don't have today, most new projects comes with newbie team members, that's why they make huge mistakes most times

Trusting the bounty manager will not guarantee you to get a potential bounty campaign that can succeed or not because the bounty manager will not know for sure. But if the team of that project is not actively communicated to the participants and the bounty manager, and they still hide many pieces of information about the project, you can feel suspicious about the project because that can be one sign that the project can scam you and others. But that is not always happening like that because the scammers will figure out the other way to scam people.

You can't really tell but only have to believe your instincts, sometimes one can be wrong too and that's normal because failure is why we win sometimes, do your own research and have a positive mind, a quality project will surely appear to be one, the problems with bounty is payment evade by the teams

But considering the current  trend most of them now don't get CMs for their Bounties,...they manage it themselves as they are quite familiar on the fees and which gives them more savings, well, this more often happens to projects that has a low budget.

I don't know how to choose a potential bounty project or not, I prefer a trusted bounty manager, even though the project bounty has potential but the manager is not known or a newbie, the project does not necessarily pay bounty participants

I haven't been into bounty hunting for more than a year now, so do not know exactly what is trending now.

But I used to categorized projects based on the rank of Bounty managers. Those projects which had fresh Bounty managers I would generally skip those projects unless they have a product which is ready and already being used.

For example the last project that I participated as a hunter was Atomic wallet. It is a successful project but was handled by a newbie bounty manager. I joined the project because they had their wallet ready.

So it depends basically how you understand the project and how you categorize it.

I maybe wrong but I'm considering them as "Abandoned Projects".
As the term says, abandoned meaning they tried it but failed so they abandoned it .

This I don't know. There are many altcoins who suffered this kind of scenario. I've seen most of my altcoins that I got from bounty campaigns years ago depreciated its price because of lack of support from either community or the team itself. I feel terribly sorry for those projects though that has a good intention and will do everything just to make the project successful but in the end, failed because of lack of support.

Right now, it is hard to pick which has potential or not knowing that the project that is very beneficial to the people can become a scam in the end. I don't if there are some people here who has basis but for me, I don't have since I'm not investing into new projects. I focus on the old and top coins.

I solely care about potential projects if I see probability to exit with profit.

Potential for investors is as highest profits as possible and as lowest risks, losses as possible. I will find for potential projects when price falls from their past peaks, volume drops and almost no movements in price. If I see their developers are working (on Github) and there are schedule to release upgrades, products in their plans, I will put them into potential project list.

If the crypto market has good trend, I will accumulate cryptocurrency or token of those potential projects. I will exit after I take profit because their potential is only promise and in crypto market, promise means nothing after the hype gone away.

if I personally have several provisions that can state if the project has potential, that is :
1. the project is still active to develop its products;
2. the project runs according to the roadmap and whitepaper that has been made;
3. the team always responds and provides information about the progress of the project;
4. already listed on exchange, because in my opinion exchange is very important to attract new investors to invest in the project;
5. coin from the project has a high volume on exchange, because with a high volume it proves that the project is good and many people believe to investing in the project.