Topic: Not every blockchain project has a good future - page 2. (Read 2310 times)
Yes, I very much agree with you. There are some ICO projects that don't have any future scams, so we must carefully read the white papers and roadmaps of the project before investing in the ICO project to understand the authenticity of the work team. Wait, only those truly high-quality ICO projects are worth investing, and we should be cautious when investing.
You're right. Many ICO offer ridiculous ideas only so that their creators can earn easy money. Only 10% of ideas really need a blockchain.
I agree that not every blockchain project has a bright future, because the topic of cryptocurrencies has not yet fully discovered itself.
The whole market of cryptocurrency with blockchain technology is still evolving and how are we going to get to see what works and what doesn't if there is no testing, experimentation, boom and burst. This early growing pain of cryptocurrency activities is inevitable.
Agreed. Each blockchain is a unique technology, but there is a kind of competition between the blockchain, the struggle for the rate of cryptocurrency and users. One blockchain project becomes more efficient, investment, the other against the background of the previous one becomes unattractive and after a certain time fades into the background and "fades".
That’s obvious, more than 50% of projects die within 1 or 2 years. Even the profitable ones come to an end, not to mention the projects made by inexperienced developers aching for fast money. I guess only 5-10% of the projects we see now can survive next 5 years.
I think 5 or 10 percent is kind of excessive, that would mean that blockchain is being practically wasted at all, maybe 20 percent of the projects are promising and well made. Hi,
I see a lot of great projects..
But also a lot of project which I don’t like.
Here is why
Not every project needs blockchain. Or not every blockchain project will survive.
In a project you need also a good businessplan and marketing.
Example
I saw Friendz which is a social media project. Nice plan but don’t think it will replace Facebook because
it is in blockchain. You need a lot more.. A LOT MORE to best orher companies with a centralized system.
Be carefull and good luck with your investment
I see a lot of great projects..
But also a lot of project which I don’t like.
Here is why
Not every project needs blockchain. Or not every blockchain project will survive.
In a project you need also a good businessplan and marketing.
Example
I saw Friendz which is a social media project. Nice plan but don’t think it will replace Facebook because
it is in blockchain. You need a lot more.. A LOT MORE to best orher companies with a centralized system.
Be carefull and good luck with your investment
Ofcourse, the market has different motifs and not all will be successful even if it is connected to blockchain. Investors will be meticulous on choosing the right investment which has the highest potentials to compete into the market.
Blockchain doesn't mean success at all, I bet a lot of people believe it because it is a really innovative system at the moment, however it's potential isn't being squeezed the way it should be.
Of course, it is a huge work and communication technical characteristics of the PC, in order to make it good, safe and stable.
I see so many projects also.. so many all trying to cop cat steemit.com without any unique project. It is so true, not all blockchain projects has a good future some will just end up so soon because they are just a copy cat of another.
Yes of course you are right, now under the technology of blockchain trying to adjust everything that comes to hand, although not everything is suitable and there are many existing systems that have earned the respect of society without the use of blockchain. It is impossible to invest thoughtlessly in such projects, it is necessary to study projects before investing in unnecessary copies.
Yes, you are right. Some projects are scam and such project is faced with dump at a point, where the developer would have dumped all his coin and leave other holders to struggle with the remaining until it is dead.
Some of these projects eventually do not list at good prices, after listing on exchanges.
Some of these projects eventually do not list at good prices, after listing on exchanges.
Of course, not even bitcoin will survive forever, but it is unclear if the latest chains that are technologically advanced may be the winners for a long term.
Agreed. Since the future is more for the idea itself, or rather the project that will use blockchain, success always depends primarily on the quality of the product. For example, there may be such a situation that some product on the blockchain will start well, someone will earn money on this and throw it into the corner of weekly projects !
I fully agree with you. This is really so and this fact upsets me. But alas, we are nothing with these I can not do, as this is outside our area of influence. So that this phenomenon, can change only over time and the not fact. Since the blockchain technology itself implies that it (the project, the idea) does not belong to anyone, therefore there is no one to take responsibility for such projects. Therefore, there is no one to punish for bad projects.
You're right.. not every project becomes successful... For the ico project to become successful, it is necessary that a good, really useful product is behind it. And a strong team promoted this product...
I think you are right, I admit many good projects, but stopped in the middle because of their lack of business plans. But we should support all forms of development in order to be better, especially in the world of cryptocurrency.
Of course, probably a lot of people know about this, but all the same now it seems to me that people very early start talking about the fact that crypto currencies can really change the world, I think that they simply will not be given the opportunity to do it.
Yes, certainly. Many projects have failed and are not being further developed. Such projects most and the price of the coins lying at the bottom.
Yes it is right every blockchain has not bright future. I saw too many are here on crypto to just collect money, they donot have vibal project and in some projects you can see they donot have even team for marketing. How these projects will success they all are scam, they are here for just collect money. So I suggest every bounty hunter to beware of these fake bounties and if you see this house that is fake so tell others also to avoid them. Before starting bounty spend your full time to check whether this is good or scam .
It seems like the past 12 months everyone believed they could create a new Blockchain project and cash in on the boom times since the Bear market hit us all of that excitement has been muted as most people have lost money on ICO projects. Similar to most new businesses I think a lot of the crypto projects launched will fall by the wayside and the tokens left held by people will be worthless so people should be careful with the projects they choose to invest with.
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