Topic: Non funded projects vs funded projects (Read 510 times)
Situation is changed and ico or ieo are trending system at this moment to collect public money.cause nowadays project are bullshit, just planning to grab our money and run away from us and then keep their same work continue. Funded projects are also same. They add their token on exchange with their money and start ieo so that they could grab get double return and run away. So choice the project carefully, no matter funded or non funded
Everything changes now that scammers knew how people in crypto space react, some might think its okay because it a non ico project but a large percentage are premine will be a big issue.
Scammers motivation could be for a long term too. There were tons of them in the past but after 2018, they simply just run.
Scammers motivation could be for a long term too. There were tons of them in the past but after 2018, they simply just run.
It all depends on the circumstances, our world is built on money and business. Now the situation on the crypto market is that it is very difficult to start without a lot of funding but 5 years ago so many successful projects started.
of course there is quite a big difference between now and 5 years ago, and this is because the trust of the crypto community is still maintained in the existing project and maybe 5 years ago crypto is still a hype for people who want to invest whereas now We can see how many frauds occur in crypto projects so that it makes some people reluctant to invest and of course this has an impact on the death of a crypto project that does not have sufficient funding to run the project roadmap.Is it just me or there are many others thinking same thing? Non ICO/IEO projects always have longer life span, where as new projects are all running after funds for better future of their projects, how about those projects that have no ICO, no premine? Some are even funded by the teams without the public penny
There are many old altcoins alive today that are not funded, litecoin, XMR etc, they did no ICO and they rocks.
Most of these projects that do not raise funds publically do have other sources of funding like private or venture funding while some develop from the pockets of founders, developers and team itself but keep in mind that they do cashout later by selling their supply of coins in the market that make them big profits as well. There are many old altcoins alive today that are not funded, litecoin, XMR etc, they did no ICO and they rocks.
A project is not good depending on just the funding process. You could have a good project that is not funded or have a good project that is funded, you could have a bad project that is not funded or bad project that is funded.
It doesn't matter if it is funded or not, it just matters if it is good or not and how it could be good depends on just two parties, the team behind it and community around it that's all there is. If the team is not filled with scammers, if they actually work and want to make this a great project 50% of the situation is done, if the community behind it is also great that would make things a bit more awesome and fill it with 100%.
Without a good team you are going to have a lot of people scammed, without the community you are going to have a team who works for nothing. That is why I think it is quite important to have both.
It doesn't matter if it is funded or not, it just matters if it is good or not and how it could be good depends on just two parties, the team behind it and community around it that's all there is. If the team is not filled with scammers, if they actually work and want to make this a great project 50% of the situation is done, if the community behind it is also great that would make things a bit more awesome and fill it with 100%.
Without a good team you are going to have a lot of people scammed, without the community you are going to have a team who works for nothing. That is why I think it is quite important to have both.
Maybe because there are already many projects with existing competition, then they need fast funds to be able to penetrate the market quickly too. Every era has a change of habits and I think this is what happens, when growth occurs and any idea will be good and will last for a long time with high enthusiasm in the past. It seems different after many projects require funds, at least they are only looking for quick profits but unfortunately it is inconsistent to continue to develop their own products even though there are some that are successful and consistent, but that's not all.
~
Well because from the meaning of the acronym, red flags would already arise anyway. Getting investments from people before the actual launch of the project is surely risky as hell. At worst, they end up just getting dumped after the launch unlike the mentioned coins in the OP. 
The only way for a non funded project to grow big is on the team, they have so much to prove and also work on winning investors heart, it won't be easy unlike IEO projects that relies on top exchanges investors to meet their target, on binance there is assurance of meeting your target
I agree as well, you see most times it's easy to run around and play with people's money this is what most funded projects are doing, they get the funds they need yet they can't offer anything good to the community. While on the other hand, when you fund a project with your own money, you will take every needed step to ensure your money doesn't go in vain, this is why the team non funded projects today keeps working on their project to keep it alive so that they can get the best out of their investments. Nowadays, we hardly hear about non funded projects but more of funded projects yet there is nothing to shows for it, it's either they exit scam or the project ends up dying.
Furthermore, one of the reasons why non funded projects last longer is because the use case is always applicable and most times if not all the times, the team always have a working product before listing.
Furthermore, one of the reasons why non funded projects last longer is because the use case is always applicable and most times if not all the times, the team always have a working product before listing.
The prerequisites for the "incorrect" development of financed projects - in the absence of a legislative base, ample opportunities for fraud and financial crimes. And of course, such a market always attracts criminals, or at least people who are "not clean on their hands." If you recall, 2017-2018 was the hottest season, when funds were attracted by all and sundry, and projects were released without even the slightest imagination - simple copies from a copy ... But on the HYIP, extras carried money to any project with a beautiful title, and it was only necessary to make a wallet and "roll it out" to the stock exchange - then people themselves pumped the project, someone earned, someone lost ... At the same time, such a model of behavior was absolutely unacceptable for those who decided to really develop their project
The difference is funded project usually takes off faster than the unfunded project. You just don't know how long the team from an unfunded project has put their efforts into that projects meanwhile funded projects usually grow and scales faster.
At the end of the day it still depends on the projects team though, usually a project that aims higher will requires funding. It's just how the developers and the team behind that project approach things.
At the end of the day it still depends on the projects team though, usually a project that aims higher will requires funding. It's just how the developers and the team behind that project approach things.
I agree as well, you see most times it's easy to run around and play with people's money this is what most funded projects are doing, they get the funds they need yet they can't offer anything good to the community. While on the other hand, when you fund a project with your own money, you will take every needed step to ensure your money doesn't go in vain, this is why the team non funded projects today keeps working on their project to keep it alive so that they can get the best out of their investments. Nowadays, we hardly hear about non funded projects but more of funded projects yet there is nothing to shows for it, it's either they exit scam or the project ends up dying.
Furthermore, one of the reasons why non funded projects last longer is because the use case is always applicable and most times if not all the times, the team always have a working product before listing.
Furthermore, one of the reasons why non funded projects last longer is because the use case is always applicable and most times if not all the times, the team always have a working product before listing.
Is it just me or there are many others thinking same thing? Non ICO/IEO projects always have longer life span, where as new projects are all running after funds for better future of their projects, how about those projects that have no ICO, no premine? Some are even funded by the teams without the public penny
There are many old altcoins alive today that are not funded, litecoin, XMR etc, they did no ICO and they rocks.
There are many old altcoins alive today that are not funded, litecoin, XMR etc, they did no ICO and they rocks.
For have coins alive you dont need money, but for listing purposes you cant do much since money is important thing to have listing ticket. So for infamous coin, money is needed mostly for marketing purposes, imo
It seems like that if you are a newcomer and you didn't know how POW coin was flooding the market in the past.
Is it just me or there are many others thinking same thing? Non ICO/IEO projects always have longer life span, where as new projects are all running after funds for better future of their projects, how about those projects that have no ICO, no premine? Some are even funded by the teams without the public penny
There are many old altcoins alive today that are not funded, litecoin, XMR etc, they did no ICO and they rocks.
There are projects which skipped crowd funding programs but it doesn't meas they had money, there are people who wanted to invest on a project if they like the idea behind it who are called angel investors basically the project conducted private sale before the launch of their project into exchanges. There are many old altcoins alive today that are not funded, litecoin, XMR etc, they did no ICO and they rocks.
Project is depend on its developer not fund, bitcoin it self never get funded also Litecoin untill the coin has a value, but there is also funded project which become very successfull like AAVE ( it was ethlend ), another funded project but only small ammount ( ethereum ).
Devs are always the ones who we blame for what will the project become but crowdsale is also important. Having a crowdsale doesn't mean that projects are for the extra fund that will be used in the project but another purpose of it is to gain community traction and to gather community support to hold their project tokens. I know you can compare it to airdrop that gives a free tokens to the community for them to get the support of the community, but project investors put more value to the token they paid and this can make the project last a long time. 
Project is depend on its developer not fund, bitcoin it self never get funded also Litecoin untill the coin has a value, but there is also funded project which become very successfull like AAVE ( it was ethlend ), another funded project but only small ammount ( ethereum ).
It all depends on the project if the project carries value and the community believes in it, then it will be interesting for investors too because in the end everyone wants to make money. It is now impossible for new projects to develop without big money, because if you pay your team with candy wrappers, employees will leave you when they are offered big money.
Scammers have their ways even when ICO haven't exists, I remember that some coins came out with litecoin in 2011 and they get abandoned after few trades, I suspect that the team sell what they can sell off and exit the project, things are just more cool in those days and crypto start having enormous stains after ICO came into crypto space
Years ago when POW algorithm was still a big thing many new POW coins showed up then and they confused many to start mining, what you don't understand is Non ICO projects scammed many through POW algo, when you are busy mining and they list on exchange, the team will dumped the coins and exit scam, leaving few liquidity left
At least they had to have blocks mined and computers and clients,,, I even got duped by POS coins at one point having many wallets just staking and open all the time what a waste of effort;) Once people learned how to do ERC20 they did not even bother having real codes and wallets;)
Is it just me or there are many others thinking same thing? Non ICO/IEO projects always have longer life span, where as new projects are all running after funds for better future of their projects, how about those projects that have no ICO, no premine? Some are even funded by the teams without the public penny
There are many old altcoins alive today that are not funded, litecoin, XMR etc, they did no ICO and they rocks.
What do you expect from cryptocurrency projects without direction? most of these cryptocurrency project don't have directions, some will just did their project for fund raising and then abandon the project to suffer. I have learned so many lessons because i was bitten from ICO back in 2017, i now carefully research into projects to see if they are be funded or starving for funds before make my investment. There are many old altcoins alive today that are not funded, litecoin, XMR etc, they did no ICO and they rocks.
I don't think that unfunded projects are bad, projects like Litecoin and XMR are old coins, their projects are clear and scalable but many investors trust their projects even though they are not funded, the point is the intention of the project team and even though they are not funded they are very serious about developing their projects and products to attract investors, other projects must follow in their footsteps
OP is on the side of unfunded project but if you are making a comparison about how much successful unfunded project compared with the successful funded project and we can know the winner easily. The only old POW that has a very good vision while there are so many scam POW coin being created in the past. There are no lots of differences between both. that depends on the project itself.
Jump to: