Topic: Many projects are dead? - page 39. (Read 11984 times)
I think there are these companies who were not able to sustain their plans between creating a beta product, marketing, bounty distribution, immediate selling of bounty tokens on exchanges by bounty participants once the token will be available on an exchange. That is why I think this years ICOs are not really in a rush to put their tokens on exchanges.
The fact that many projects are dying is not at all surprising. It was predictable even when there was a general hype.
Currently on the coinmarketcap site only about 1590 projects compared to at times more than 1700 projects. They have left many projects without developers or scam projects. I personally invested in some of these projects and lost a lot of money like bitconect and centra. Do you trust the projects you are investing in and will keep them for a long time until they succeed or are they just looking for profit in the short term?
I also believe that ICO projects take time to work and produce good products. However, the market made me so depressed and easily gave up the tokens that I bought earlier this year
Many project is dead now becose the market go down and this is good in one thing like shit coins go away from merket and many scam projects cant hit they soft cap to scam peoples..Not all things is bad in this bad times,prices some peoples may think now better to attract peoples to they projects for investing money..
Agree, many more projects are going to die because it has no use case or the team members aren't capable or it's just an obvious scam. Even if the project might be real, there are chances it's token won't have any value added to it. Because mostly are utility based tokens.
In fact, I believe that only one of the 10 projects has a chance to survive in the future. For some, it may sound terrible, because he understands the investment in the remaining nine projects. But I think it is inevitable. This is how diamonds appear in the heap of no useless waste rock.
the number of projects has increased as market volume has risen in the last few years. however, looking at past years in the market, the first 100 ongoing projects, including the need to investigate them. if the rest of the projects don't show improvement, they can't really escape. they're dead.
Now many projects are already considered lost or projects that still have a lot of bad news, but I do not think that there are really as many such projects as they say, in that case we would have nothing.
I think a lots of scam exist in Crypto Space because of lack of unified Crypto-compatible approach of dealing with them. Perhaps we could adopt a decentralized system to root them out?
Bitcoin Whitepaper already specified how to deal with the problem of trust while still maintaining the ideals of Bitcoin, which is the use of trust system and escrow. Unfortunately most of the Crypto World don't use this simple but effective means to avoid scams.
We could develop an advanced form of the Reputation + Escrow of Bitcoin Whitepaper and make it easy for regular people to use... which could be built on a decentralized platform. We could permanently tie users' web reputations to their unique Identities and still allow them to be completely anonymous. Users important assets could be included on the platform.
Some of the assets could be timelocked in the Platform escrow/Smart contract to automatically increase the user's Trust making it easy to do business with other users.
* The platform should be developed in such a way that businesses don't deny service to users based on their reputation but instead they could request for some extra collateral- type of assets locked away in the platform smart contract.
Bitcoin Whitepaper already specified how to deal with the problem of trust while still maintaining the ideals of Bitcoin, which is the use of trust system and escrow. Unfortunately most of the Crypto World don't use this simple but effective means to avoid scams.
We could develop an advanced form of the Reputation + Escrow of Bitcoin Whitepaper and make it easy for regular people to use... which could be built on a decentralized platform. We could permanently tie users' web reputations to their unique Identities and still allow them to be completely anonymous. Users important assets could be included on the platform.
Some of the assets could be timelocked in the Platform escrow/Smart contract to automatically increase the user's Trust making it easy to do business with other users.
* The platform should be developed in such a way that businesses don't deny service to users based on their reputation but instead they could request for some extra collateral- type of assets locked away in the platform smart contract.
In this there is nothing strange and unexpected. Recently, I often notice that even good projects can not collect enough investment to reach a minimum level of security. The fact is that with the fall of the market, the number of investors has sharply decreased.
many projects die because many investors have lost so that no new investors are willing to support this project to live.
as long as the cryptocurrency is still in a downward trend that's when investors are hesitant to join.
as long as the cryptocurrency is still in a downward trend that's when investors are hesitant to join.
Sometimes the project seems very promising, in fact it turns out the opposite. Sometimes the project fees go bad and generally don't believe in him,and he shoots. Therefore, I made it a rule to participate in 6-8 ICO, even if I have a small amount.
There are a lot of random projects on the crypto market that have no prospects. I am glad that you manage to guess those projects that make a profit. I can't do this.
And as you can invest without confidence in the project, of course, we trust and we hope that the project will reach heights only in practice, it happens in different ways.
Your assertions are correct about so many dead project that has gone with the peoples wealth. That is the majkor reasons why we should always do our own research on each project before you promote or invest in it. You have to understand the concept of the project and the product the project want to deliver to investors , is the project viable, is the concept achievable and who are the team members. All these parameters should constitute your research and the out come will determine your actions.
Very correct, but many investors still don't know. Some of the coins have lost their value and they are slowly declining.
This year for the crypto currency market is not very simple, and indeed many projects fail. In 2017, almost any project made a profit. I think those projects that this year are now at the bottom, next year I can give a good profit. You just need to consider your investment as long-term. And also very carefully choose projects for investment. As practice shows, a lot of projects after entering the exchange lose in price, as a result of which it is not profitable to invest in the project at the ICO stage
No wonder if too many projects are dead because their just a copycat from previous project and don't have any real product to sell. Only the good ones will going through this year, if their just a shitcoin they will dissapear.
Yes, it is consistent with my thoughts. But many newcomers can't see the difference in these projects. This requires a certain investment knowledge.
Sometimes the project seems very promising, in fact it turns out the opposite. Sometimes the project fees go bad and generally don't believe in him,and he shoots. Therefore, I made it a rule to participate in 6-8 ICO, even if I have a small amount.
maybe it's better to spend more time choosing 2-3 ICO? And in the end get a good profit, than rejoice, that 1 successful investment covered losses from 5 unsuccessful ones.
This scares us all, because many people have money invested in these projects and every time we see one of the projects dies, a couple of years of life goes out of our lives.
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