Topic: New projects are responsible for the death of their tokens - page 6. (Read 887 times)
Not all projects so watch their coins. But as a rule, it is they who are responsible for their failure. After all, developers who have collected a large amount of funds do not need to make a redemption of a coin in the proper amount to maintain the normal price and functioning of the coin. Therefore, the developer who send their coins to the mercy of fate make a mistake.
The fact is that at present there is mostly no responsibility regarding tokens. in my opinion many do not care or even tend to let what happens to the development of tokens so that there is indeed a name that fails to the number of projects at this time. and the victims are certainly getting bigger due to the failure of the project
Failure projects its just a result of being incompetent of the developer and giving 50% price tag is not the reason and doesn’t give any guarantee to a new project to succeed because maybe its part of their market strategy or they are giving more to attract more investors at first and become a shitcoin later on.Exactly. Poor efforts from developer to keep alive, no proper developments according to roadmap will obviously lose interest.
Giving a huge discount at funding stage is not something that should be held responsible for projects failure. I want to know how some of you guys find these two things related. Hope someone can explain me.
We should start looking away from new projects, they are mostly looking for space in the market not adding any value to the ecosystem and human. Most analysis about the market condition tends to go deep into factors that had brought the market to this downward trend for so long; like the scams in the space, whales manipulation, new regulations and sentiment from the long period of loss etc. Bear market are bound to happen but this came with lots of eye openings.
The fact is that at present there is mostly no responsibility regarding tokens. in my opinion many do not care or even tend to let what happens to the development of tokens so that there is indeed a name that fails to the number of projects at this time. and the victims are certainly getting bigger due to the failure of the project
perhaps many teams simply do nothing because they consider the market conditions unsuitable for any kind of active action.
The fact is that at present there is mostly no responsibility regarding tokens. in my opinion many do not care or even tend to let what happens to the development of tokens so that there is indeed a name that fails to the number of projects at this time. and the victims are certainly getting bigger due to the failure of the project
Failure projects its just a result of being incompetent of the developer and giving 50% price tag is not the reason and doesn’t give any guarantee to a new project to succeed because maybe its part of their market strategy or they are giving more to attract more investors at first and become a shitcoin later on. 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
Under the current market conditions, thinking about the maximum profit for the new project is not a smart move by the team. Considering the recent situation on the token sales, cutting the expectations can lead to minimum losses if the alt season is too late in the crypto market. Present altcoins also don't want to give up easily, the fight between the old and new altcoin is about winning the best possible concept for gaining more funds from the crypto investors.
As far as I am concerned, 50% is way too much. Generally, investors and most especially traders, believe that a project when listed will not tree at the ICO or IEO price. Particular that its price should first dump. So giving 50% will give them more propensity to dump at whatever price they wish. Which is why you sometimes see prices at -x10 the price during sale. This show s they care less about it. Although, a project with no bonus can also follow the same trend.
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
I saw some project made a discount about %80-90 for their private sale customers. It is not fair. But unfortunately, there is no regulation or audit for token sale process. So ICO buyers and after listing so many people get hurts.
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
Do you mean they give 50% discount for their buyers ? Im afraid the buyers will dump the coin with low price once it listed on the exchange.
And the result is, the coin will never hit the normal price because it was sold with -50% price.
For me, the maximum discount for buyer should be around 20%, otherwise other peoples who come after the discount over won't buy the coin because the price difference is too far.
Thats the big possibility that will happen, investors will dump it for sure. More than 50% bonus is huge. After listing,anyone who has bigger hold will surely exchange his token into cash to have a profit. The remaining will be traded just to play the market, but the capital is safe already.
Who else is responsible? Team members are likely to blame bounty hunters, but we all know it is bullshit. A failure to make wise strategic decisions, listing on bad exchanges and greed are the three most common reasons for a project to fail.
This is a very bad move from a new crypto project, and no one project can hold their sale price on exchanges. Recently Stabledex attracted me, I thought they are good enough project but when they start giving a 50% bonus, I opted out and now Stabledex another shit project to me! I don't think any reputed project would go for this huge bonus, only shit and scam project does it.
That huge bonuses indicates that the chance of scamming or a process of desperation from the team needs to be avoid. You are risking your money when you continue supporting and following that kind of project. It's best to be well aware of possibilities so you'll not be wasting your time and money following and investing with project that don't have any clear direction.
These days very few projects were developed with a MVP. This is the major reason for the projects to end up dying, apart from this there is no private investors for these projects. When there is some good number of private investors automatically the projects gains trust as well an establishment for the project. Now it is very hard to find such projects which is the reason for the low usage and the value of tokens go valueless.
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
You know why people aren't buying these projects' tokens anymore? Because they have no intrinsic value.
As the market matures, people are no longer as inclined to investing in crap tokens because they know the end goal of the project is to take investor funds and benefit themselves. The market is also extremely saturated at this point, coupled with the fact that the entire crypto market is in kind of a short term recession means that there is extremely limited interest and demand for ICO tokens in general.
So yes, in a sense new projects that have no value are responsible, but at the end of the day it still depends a lot on the market conditions, which are not favourable at this point.
This is a very bad move from a new crypto project, and no one project can hold their sale price on exchanges. Recently Stabledex attracted me, I thought they are good enough project but when they start giving a 50% bonus, I opted out and now Stabledex another shit project to me! I don't think any reputed project would go for this huge bonus, only shit and scam project does it.
I think everyone who dumps should be responsible. the developer might be one of the causes because they are slow to develop. but it is not a mistake, the problem is why the price of tokens is destroyed is the number of people selling. try if they were a little patient, maybe none of that would have happened.
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
Well 50% discount on presale is NEVER a good move imho, not even during the bull run; it's instant red flag on the price evaluation to me.
But it doesn't mean the killing of the project. It can just kill the price and the community interest. Development can still go on no matter the price. (And those projects i am actually looking for now)
50% is really not the worst option for everyone. An important factor is the phase at which such a discount is offered, because if this happens on a private sale, then a fairly small number of investors will receive the largest bonus, even if they buy most of the coins, it will be very good, because this part will be concentrated in a narrow circle of people, which means that the probability of coin dump immediately after listing will decrease.
It's a project killer in your own perspective but they are desperately selling their tokens. Discount is one of their marketing strategies so that investors will buy out their remaining tokens.
If they won't do something like that, they will have zero sales which is also going to lead their projects into death.
If they won't do something like that, they will have zero sales which is also going to lead their projects into death.
Well, in the first place, the project itself determines the volume of the cryptocurrency or tokens that they will going to create. They will be responsible no matter what happens on the market price if it is dumped.
But I am pretty sure that each and every project is doing their best to research and study first the condition that they will going to enter when giving out discounts.
I highly doubt this. Many projects aren't serious with their proposal, they are just for the money.
Bonuses and discounts are somewhat necessary for new projects to attract big investors, the first main worries of every developers is investors, enough investors that they will be able to raise better funds for the project's development but scammers are simply doing the same thing too, this has to stop, if scammers are stopped many investors will be relieved and thus invest in projects
Developers are the one to receive blames once a project ends up not seeing huge interest from investors, well id say every developers needs to sit tight and think well before they decide to release any crypto projects because investors of nowadays are different from the time when ICO was very popular
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