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Topic: New projects are responsible for the death of their tokens - page 4. (Read 887 times)

sr. member
Activity: 1638
Merit: 278
In this kind of bad altcoin market i am still surprised that some new projects are giving out 50% price tag for their tokens, this is a project killer if you ask me, this move is only good if altcoin season is out and surging, 50percent is way too much in this kind of market we are in presently,  tell me i'm wrong
This is one of the criteria that I am already using to filter some of the projects that I get to participate in, most of these projects with huge rewards are just scam projects, they only use that to entice the investors to bring their money, because in this era where we have lots of investors that are only seeing the project not for what they stand for , but for the profit that they get to gain from them.

These developers should know already that 50 percent reward are some of the rewards that will crash the market and I think they don’t care, because this is one of the easiest ways to exit the market. If a project fails as a result of dumping, everyone would just blame it on dumping without knowing that it is actually a tactic from the developer to exit the market finally.
legendary
Activity: 3654
Merit: 1165
www.Crypto.Games: Multiple coins, multiple games
It is actually more difficult than it looks, people think it is easy to start a project and run it, when you have millions of dollars funded everyone expects you to be suddenly awesome, do you realize how many tokens and coins out there?

There are literally thousands of coins out there, in order to be different than all the others you have to do so many things differently and yet it is still not enough most of the time, you spend millions on developers, designers and even marketers but as long as there is not enough attention to your coin you can't get people to look at you by force, they need to start looking at you and tell other people as well. It is really difficult, I have seen an ICO that got 6 million dollars in funding go bankrupt and even spent 250k of owners money while at it.
sr. member
Activity: 1050
Merit: 256
I think they don't have trust in their own project, so give a 50% bonus to investors. Yes, it is part of marketing, but some people judge that they will not glance at this kind of project because it will end up with a price that is not in accordance with the promise when entering the exchange. It's better to buy when it's on the market than having to go to the store.
hero member
Activity: 2940
Merit: 593
Leading Crypto Sports Betting & Casino Platform
In this kind of bad altcoin market i am still surprised that some new projects are giving out 50% price tag for their tokens, this is a project killer if you ask me, this move is only good if altcoin season is out and surging, 50percent is way too much in this kind of market we are in presently,  tell me i'm wrong

All these coins, in reality, do not have value at all, until they get in the market and traders start trading them, it's the supply and demand in the market that sets the price, do not be deceived that if you are going to get 50% off you are going to make a profit right away, unless you see that it's the price that traders are putting on that coin, do not carry this kind of thinking when buying, check the platform whitepaper and full details. then you will have the idea.
legendary
Activity: 3332
Merit: 1352
Leading Crypto Sports Betting & Casino Platform
In this kind of bad altcoin market i am still surprised that some new projects are giving out 50% price tag for their tokens, this is a project killer if you ask me, this move is only good if altcoin season is out and surging, 50percent is way too much in this kind of market we are in presently,  tell me i'm wrong

Rather than giving a 50% discount, they should withdraw 50% of the tokens from the ICO and keep it as reserve. This will lower the soft-cap and the chances will increase for the ICO to be a successful one. Still, fist the team needs to admit that the ICO market is not doing that great right now. Only the best projects with well defined timelines and deliverable will be able to survive. Half baked products have no future in the market. So it is up to them to decide. If they want to go ahead with sharp discounts, then let them do that. Else, they could continuously work on the project and list it when the market conditions improve. There is a very good chance that the market sentiments may change in the future.  
sr. member
Activity: 1498
Merit: 326
SecureShift.io | Crypto-Exchange
In this kind of bad altcoin market i am still surprised that some new projects are giving out 50% price tag for their tokens, this is a project killer if you ask me, this move is only good if altcoin season is out and surging, 50percent is way too much in this kind of market we are in presently,  tell me i'm wrong

It's their choice if a project wants to lay down a huge bonus for their investors. Yes that's correct a project that is giving huge bonus can only affect its price especially if there is no lock out for those bonus tokens. There should be a lockup period for the unlocking of these bonuses since it could wager huge supply in the market that causes low demand.
hero member
Activity: 1008
Merit: 501
Many new project are dead because depend on how bitcoin and altcoin price today, with bitcoin still lower price and ethereum stil under $200 I think many new coin or new project hard to get raised with higher price after listing on exchange market, although dev and team of project never getting give best service for their coin for listing according based on the road map and listed with big exchange market and have much exchange for listing.

It is not about Bitcoin prices all the time. Look at the Beam, Harmony, SERO projects. Their price higher than the sale price, because people found something great on these projects, so they are investing or holding. A new project with nothing new and unique can't get good support from the people. Even Binance couldn't help some of their listed projects from the downfall, because that project has no use cases after several months. It is good to see that crypto has lots of mature people than before!
member
Activity: 216
Merit: 10
Live, Hope, Win
I do not think this is the actual cause, every body has his or her own way of marketing his products and to tell even most of this projects list below marlet price and this has also affected more investors than you can ever taught, come to think of it projects lying about funds raised during ico and ieo?
sr. member
Activity: 2100
Merit: 309
Lower under 50% and have coin lower under 70% after listing its make new project become death after trading in market, team not really want to give special thing with their new coin after listing and have good planning with their coin, with new project ICO coin death with lower price many investor still waiting for investing with new project at the next time, now new coin have woke up to move their bad price with open new coin and have higher price after listing although just one month.
sr. member
Activity: 854
Merit: 257
I agree with you, that the developer mistake in the sale of the ICO that gives a great say discount.
Listings in the bad market exchanges make the price go down and down. And when there is no innovation in the project that can be destroyed the price of their coin and die.
well, 50% in the pre-sale is a normal discount, as you noted the most important thing is not to list on the one-day exchanges. then there will be a drain of the token and its saturation in the mass of people, the price will then be difficult to raise.
sr. member
Activity: 1204
Merit: 253
Undeads.com - P2E Runner Game
I agree with you, that the developer mistake in the sale of the ICO that gives a great say discount.
Listings in the bad market exchanges make the price go down and down. And when there is no innovation in the project that can be destroyed the price of their coin and die.
sr. member
Activity: 1176
Merit: 252
Futurov
In this kind of bad altcoin market i am still surprised that some new projects are giving out 50% price tag for their tokens, this is a project killer if you ask me, this move is only good if altcoin season is out and surging, 50percent is way too much in this kind of market we are in presently,  tell me i'm wrong

sometimes more than 50% even 100% on private sale stage
maybe this is only a kind of marketing strategy from the project team,
and personally i will calculate the real value by the first bonus mate
for example if the basic price of a new project about $1 and in the first stage of crowdsale they give about 100% bonus to the investors,,
in my view, the real price of the project its only $0.5 mate
hero member
Activity: 1470
Merit: 521
No more Rekt and Bust
In this kind of bad altcoin market i am still surprised that some new projects are giving out 50% price tag for their tokens, this is a project killer if you ask me, this move is only good if altcoin season is out and surging, 50percent is way too much in this kind of market we are in presently,  tell me i'm wrong

Depend's I think if the project is really good, the 50% could be nothing especially if the demand is highly great. Ive seen projects with high bonus during their ICO on last 2017 and I can say some investors are really lucky since they got a good figures selling the bonus alone can earned them big but different case today since the market is in pretty bad shape.
If the project is fully backed up by the experienced team members and the idea of the project is not a copy-paste bunch of words, investing in the project makes matters for me personally. The bonus amounts were sold by the early investors in order to take back their losses caused by the underestimated market situation. Trading the token of the new project is not as easy as I expect and waiting for the listing can kill the potential profit.
sr. member
Activity: 1512
Merit: 292
www.cd3d.app
In my opinion, the answer is obvious. Libra's partners could not stand the pressure of regulators. What does this tell us?
Now politicians in many countries are united under the slogan that cryptocurrency can harm the financial system. But how? Whether or not to use cryptocurrency is everyone's choice.
It turns out that governments deprive their citizens of their free choice if they prohibit one or another cryptocurrency.
sr. member
Activity: 2506
Merit: 368
Avoid buying coins or tokens at a discount of more than 10%, although this is considered a sales strategy but I think projects like this are already desperate. good projects simply rely on the good products introduction without having to give discounts, because even though you have bought and got an extra token, the question is whether the token is worth.
I think this is really just their marketing strategy but I wonder what was this project that OP was talking about? I wonder why would a project like that would give a 50% price tag to their token if the 100% real price would lift them. Although there's no safeguard that the project would be successful if they set the real price of each token.
sr. member
Activity: 1246
Merit: 285
In this crypto space and even on other spheres of life, starting up a new project is demanding, especially financially. At the beginning, much funds is needed to set things in motion and this explains the huge discount at the beginning, just a desperate effort to raise money.
They don't actually care about the impact of this in the long run, and most of the times after listing with the first pump, everyone just dumps on exchanges and move on
I don't think so. Discounts are given to attract investors so as to form a strong market capacity, so there is no harm in giving a large discount for the first investor to join because forming a trust for the first time requires a strong effort. A truly serious project must have considered the condition of various discounts as their marketing strategy. Unfortunately, unfavorable market conditions make most of the activities in cryptocurrency to be full of risk and not as expected.
hero member
Activity: 2856
Merit: 783
Burpaaa
Avoid buying coins or tokens at a discount of more than 10%, although this is considered a sales strategy but I think projects like this are already desperate. good projects simply rely on the good products introduction without having to give discounts, because even though you have bought and got an extra token, the question is whether the token is worth.
Before it's necessary they provide big bonus to early investors since the market those time is increasing and projects are normally closed faster with reaching the Hard cap, now if they offer too high bouns despite the market condition and knowing the projects now is having a hard time to reach sofcaps, we should now ask ourselves it might be a scammers trap.
sr. member
Activity: 1512
Merit: 292
www.cd3d.app
Many new project are dead because depend on how bitcoin and altcoin price today, with bitcoin still lower price and ethereum stil under $200 I think many new coin or new project hard to get raised with higher price after listing on exchange market, although dev and team of project never getting give best service for their coin for listing according based on the road map and listed with big exchange market and have many exchange for listing.

Your words are like the truth.
Many projects did not set the correct price relative to the current market and market downtrend during the initial sales. Which subsequently led to an imbalance in prices with a subsequent drop in the overall capitalization of the project. Of course, there are exceptions to the market, but as a rule they are located in the IEO area on large exchanges.
sr. member
Activity: 1400
Merit: 259
Are we talking about pre-sale?
It will be normal for any ICO giving out 50 percent for the first week and then going down as time goes on until they will be selling it at a normal price.

You could give us an example so that we could check it. If 50 percent was done for a long time then it will most likely be a scam.
full member
Activity: 700
Merit: 100
Proof-of-Stake Blockchain Network
somehow new projects are always not the same as you can review projects that can survive and have a future, for their tokens for sure you can notify those dangerous projects and safe projects from now.
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