Actually not always their fault, sometimes it's just the fault of the sheeps in this cryptoshpere.
As you may know we're all here to make money, some goo project simply die because they have $0 left to get listed into high liquidity exchange while other hit projects get listed there & still worth shit load of money which is kind of ironic.
I know an ICO that raised $150k only, imagine that & delivered a working product & still developing & the team is like working for free since months, they have $0 left to get listed into a decent exchange though.
Topic: New projects are responsible for the death of their tokens - page 8. (Read 897 times)
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
The projects where you see 50% discount have chosen a very good figure. I've seen worse. There are 90% discount projects. And the tokens of these projects lose 90% after exchange listing. And when that happens, bounty hunters are being blamed. It's not fair! and no one talks about it.
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 depends on their situation if they are looking for early investors or angel investors. It is completely justified because it takes time to develop the project and it is reasonable for the project to give a huge incentive to their investors. But if they are doing it on purpose of creating hype or to boost the sale, this is completely wrong.
giving a 50% discount or bonus in bear market could kill the project instantly because we are lacking in demand and the development can not be done in a single night which will cause pressure to the project and coin value.
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
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