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Topic: New projects and their unreal excuses (Read 2383 times)

full member
Activity: 1204
Merit: 110
March 30, 2021, 04:41:54 AM
These reasons are not new. Covid19 just gave them another excuse, if there wasn't covid then they have some other excuse. Crypto projects are online projects and have nothing to do with physical gathering or interactions. These scammers have greatly destroyed the interest of people and thats why not many invest in new projects.
hero member
Activity: 2506
Merit: 645
Eloncoin.org - Mars, here we come!
March 27, 2021, 01:00:53 AM
in fact, blaming the virus, the current situation, the pandemic is just an excuse that the various projects that fail try to propose, in reality now almost everything can be done digitally, at a distance, the various teams should take their own responsibility and really look/search for the real reasons for the failures

That is right.

I just hope that the investors would be careful with these projects. There are a lot of projects in the market that don't actually have other objectives or goals but just take the money of the investors. The reason that they are doing these delaying tactics is for them to have more time to run their investors' money, investors should really check these projects. .

The scam projects will use any excuses which could delay the project or development. While the good projects can't be stopped by pandemic as the team can always work online. If the project is apply delaying tactics then beware it can scam you so do not invest in such projects.
member
Activity: 431
Merit: 11
March 25, 2021, 12:42:07 PM
Yes you are right with that mate. Pandemic is not a reason why they launched unsuccesfull or failed. If there is lockdown then no need to travel, all they need is a laptop or desktop and an internet connection where they can work and develop well. It is really obvious that they only used this "pandemic" to cover up their mistakes.
member
Activity: 490
Merit: 10
Bitfresh - iGaming with 90s UI
February 07, 2021, 02:58:41 PM
I'm sure you also feel the same feeling as in 2017. Projects in 2017 are also infamous as they are now with the DEFI sector. Now, absolutely the same thing is happening and everyone can deploy a contract and create a token.
jr. member
Activity: 199
Merit: 1
February 07, 2021, 12:47:50 PM
Though you are right, i participated in a project as of late last year the excuse given is that the pandemic is not allowing them to carry out necessary things after their ICO, till now we have not hear about them. i will just say that any project uses that excuse they don't really understand their own project.
legendary
Activity: 2464
Merit: 2094
February 07, 2021, 12:11:59 PM
You are right, I also agree with you, they are just looking for excuses and making Covid19 an obstacle to their project, even though technology is now sophisticated, online meetings are everywhere, and they should take advantage of it
For obvious reasons, you shouldn't expect too much of those who are incompetent and not take their project progress seriously. You are just wasting your time hoping what is said on the white paper will come true. If indeed the team wants to take their project seriously, then you will know what they are doing. There are many roads leading to Rome, but only if they will.
hero member
Activity: 2576
Merit: 684
God, save BTC!
February 07, 2021, 12:07:03 PM
Nearly 90% of currently new projects are indicated as a scam. I suggest you do not follow the campaign than you regret it. Nowadays there are so many projects that commit fraud I am also a victim.
 It's better now to invest in an overt altcoin like ethereum. several times I also experienced fraud on new ico or Ieo projects because the price dropped dramatically

I do not think that 90% of new projects are scams but really there are a lot of scams. That is why people do not invest in new projects because they afraid they are scam.

It is necessary to check what have already been done to understand prospects of the projects.

For example blockchain can be used for ecological projects https://moss.earth/blog/

MOSS have already done a lot for the protection of Amazon forests.

The question is not who is a scammer and who is not a scammer... The point of all altcoins is to take your bitcoins or stablecoins, if you invest in long-term... I know very few successful projects, do you? Amazon forests, lol! Grin
full member
Activity: 784
Merit: 101
February 07, 2021, 11:57:09 AM
You are right, I also agree with you, they are just looking for excuses and making Covid19 an obstacle to their project, even though technology is now sophisticated, online meetings are everywhere, and they should take advantage of it
copper member
Activity: 1428
Merit: 253
February 07, 2021, 10:13:02 AM
I have personally joined several signature campaigns which are just a waste of our time. and only to find out that this developer is also known to have done a scam before. But I am happy because I did not invest in them but only joined the campaign. joining their channel will make you think they are legit, but once they start dodging questions, you'll feel like they are like any other scam. So, I am not surprised if a new project has many reasons whether it is in project development, delayed distribution,market situation, changed prize allocations, problems regarding funds, market problems, and so on.
That's right, all the reasons you say are very suspicious of the clarity of a project, and some of the previous projects almost became a scam when the project started avoiding questions and started giving illogical reasons to everyone on their channel.
when they were reasoned and answered questions from members of their community I guess they still wanted to go out subtly. but many projects go away and just disappear without clarity. The admin suddenly disappears and that makes the community members feel cheated. nowadays many people are not responsible. they are only looking for profit and selfishness. I am sure that such a person will always exist and be eternal in the world.
TWW
full member
Activity: 1456
Merit: 109
February 07, 2021, 08:49:09 AM
It's 90% untrue story when new projects failed to launch their project because of COV19 pandemic because every thing about crypto is digital, you can continue development digitally even if the team are in their separate homes, I can still cut some slacks with projects from Italy and France, they are the hot zones of Cov-19 pandemic but what about others??? We have Zoom app thats very good for team to come together and make a plan because of social distancing,. What am I missing guys Huh Am I right or wrong?

I wouldn't say as far to go that the digital platforms wouldn't be unaffected by Covid but it wouldn't affect in a way where the projects have to completely stop the project. That would mean they are just trying to find a excuse for a soft exit.
I am sure for reasons like that they actually tried to get out of the project. many excuses are being made even though they want to run away from the project without returning the funds they have received. We've seen many reasons for developing a similar project. they are the people who are not responsible for what they make.
hero member
Activity: 1005
Merit: 502
Sovryn - Brings DeFi to Bitcoin
February 07, 2021, 08:28:10 AM
It's 90% untrue story when new projects failed to launch their project because of COV19 pandemic because every thing about crypto is digital, you can continue development digitally even if the team are in their separate homes, I can still cut some slacks with projects from Italy and France, they are the hot zones of Cov-19 pandemic but what about others??? We have Zoom app thats very good for team to come together and make a plan because of social distancing,. What am I missing guys Huh Am I right or wrong?

I wouldn't say as far to go that the digital platforms wouldn't be unaffected by Covid but it wouldn't affect in a way where the projects have to completely stop the project. That would mean they are just trying to find a excuse for a soft exit.
member
Activity: 746
Merit: 10
https://axiomapay.com/
February 06, 2021, 02:52:05 PM
I have personally joined several signature campaigns which are just a waste of our time. and only to find out that this developer is also known to have done a scam before. But I am happy because I did not invest in them but only joined the campaign. joining their channel will make you think they are legit, but once they start dodging questions, you'll feel like they are like any other scam. So, I am not surprised if a new project has many reasons whether it is in project development, delayed distribution,market situation, changed prize allocations, problems regarding funds, market problems, and so on.
hero member
Activity: 1722
Merit: 528
February 06, 2021, 02:53:21 AM
in fact, blaming the virus, the current situation, the pandemic is just an excuse that the various projects that fail try to propose, in reality now almost everything can be done digitally, at a distance, the various teams should take their own responsibility and really look/search for the real reasons for the failures

That is right.

I just hope that the investors would be careful with these projects. There are a lot of projects in the market that don't actually have other objectives or goals but just take the money of the investors. The reason that they are doing these delaying tactics is for them to have more time to run their investors' money, investors should really check these projects. .
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
February 05, 2021, 11:05:00 PM
Nearly 90% of currently new projects are indicated as a scam. I suggest you do not follow the campaign than you regret it. Nowadays there are so many projects that commit fraud I am also a victim.
What about that Project that you are wearing ? are you sure that it won't be a fraud ? lol You Bounty Hunters are one of the reason why scammers like them are still here and victimizing because we let them and we are helping them by wearing their signature and advertising their scam projects.
Quote
It's better now to invest in an overt altcoin like ethereum. several times I also experienced fraud on new ico or Ieo projects because the price dropped dramatically
never in my Mind now that i will invest in any ICO or IEO , instead i will choose investing in Bitcoin or other altcoins that will make me feel the security .
hero member
Activity: 2730
Merit: 632
February 05, 2021, 05:56:03 PM
Covid is only used as an excuse by projects that intend to commit fraud, as you said if they really want to create a successful project they can hold meetings using many applications such as zoom or discord

I think that when it comes to big money it is better not to risk. At least silly to place bets on new projects counting on their success in the distant future in 5 years. There are reliable coins that have managed to stay on the market, so you need to focus on these coins. And if the project is really profitable and promising, it will overcome all difficulties and break through.
This might really be ending up on for you to make some gamble if you do really plan or choose to fund or invest on a new project just because you have seen into its potential into that distant future.
Nothing is assured of and that what makes this situation even more harder but there are people who dont really care and still continue inspite of the risk that they do already know.
Choosing new projects nowadays is really pain in the ass because we know on how big is the odds on getting a good one rather than on getting a shitty one most of the time.
So this one really requires in depth research towards the project and you would decide for yourself if it would be worth or not.
sr. member
Activity: 910
Merit: 253
Hodlers Network
February 05, 2021, 05:41:47 PM
Exactly agreed with you, I think having no way to halt their project but it may be conceivable that their pardon is substantial. What in case they are not arranged to confront this widespread and doesn't have all the assets to alter and work online. It's simple to conclude that all of them can alter and work from domestic but what on the off chance that there's a harder circumstance for each of their group. A few are great pardon but a few can't fair have that pardon, we do not know what their battles are since I'm not into venture advancement and administration.
full member
Activity: 680
Merit: 103
February 05, 2021, 04:01:56 PM
Covid is only used as an excuse by projects that intend to commit fraud, as you said if they really want to create a successful project they can hold meetings using many applications such as zoom or discord

I think that when it comes to big money it is better not to risk. At least silly to place bets on new projects counting on their success in the distant future in 5 years. There are reliable coins that have managed to stay on the market, so you need to focus on these coins. And if the project is really profitable and promising, it will overcome all difficulties and break through.
member
Activity: 266
Merit: 11
February 05, 2021, 11:28:25 AM
That's not a good excuse to abandon a project or refuse to launch a project for a very long time, even when the pandemic was very high and there is lockdown every where many serious projects still launched their projects, this is a complete sign of non serious team
sr. member
Activity: 1188
Merit: 251
February 05, 2021, 11:15:00 AM
It's 90% untrue story when new projects failed to launch their project because of COV19 pandemic because every thing about crypto is digital, you can continue development digitally even if the team are in their separate homes, I can still cut some slacks with projects from Italy and France, they are the hot zones of Cov-19 pandemic but what about others??? We have Zoom app thats very good for team to come together and make a plan because of social distancing,. What am I missing guys Huh Am I right or wrong?


Unfortunately, some projects are not as good or as easy as you think or they do not have real goals from the beginning of the project and only take advantage of the existing Fomo market.
some projects will easily attend and disappear and then create new projects with the same scenario.
member
Activity: 536
Merit: 15
February 05, 2021, 10:21:01 AM
I don't think what the majority of these team mean by not launching their project implies they can't launch on account of covid19 but what they implied is that the condition isn't all in all correct to launch their platform. There were a few projects that launched in the 2018 bear market after pressing factor from the local area and the price of the tokens dumped extremely hard, some of them gathered million of dollars but their market cap isn't near 50 thousand dollars now. If you confide in a project to invest into it, at that point you ought to have no option but to believe their ability to succeed
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