Topic: Not every blockchain project has a good future - page 3. (Read 2271 times)
blockchain technology may indeed constitute a good technology to use. and it's true it's not all of it can be applied in a variety of ways. Sometimes there are some systems that do not fit or are not supposed to be blockchain there is in it but the overall technology blockchain itself well enough to use.
Yes. Lots of projects have been started after seeing the bull runs in last year. Some project have been launched only by targeting collecting the money. As the OP said, some projects don't even need the Blockchain technology. So we have to select the projects very carefully before investing.
Right! Not all blockchain projects have a good future. China, for example, has had many policies to support blockchain development in the country, but blockchain projects in China are mostly "sinking" gradually. The success rate is very low.
Yes that was true. We cannot deny that every project will succeed. Some projects were lacking of investors that's why they turned out to be a failure. Others were left by tge developers. No matter how other projects failed, atleast they have tried it in blockchain basis.
Oh, absolutely. There is just not enough space for all of these projects to thrive in and competition strips us down of the projects that can't compete or grow.
about investor it's not a death sentence to a project, lack of investor could still make the devs continue the project to the point where it can be a huge success, just see some airdrop project that's still holding until now.
If the ICO project based on Blcokchain wants to be successful it should be different from other people.
If Friendz ICO duplicates the yga system on Facebook.
Yesterday I also saw the HOWDOO Project and the project failed too.
If Friendz ICO duplicates the yga system on Facebook.
Yesterday I also saw the HOWDOO Project and the project failed too.
Most new projects fails because they are only to make easy money. It do not make sense some ICOs prizes when they are only copys, but there are lot of people who is investing their money on them; they create demand, and some smart guys are ready to create offers.
Most of the projects doesn't need blockchain at all actually. They made ICO only to collect more money that they wouldn't get from VCs. As for social media platforms they need some combination of centralized and decentralized systems for fast work and censorship resistance.
Of course, I agree! The success of any project will depend on who is behind it, as well as on many external circumstances.
I think that developers are thinking that only by getting into blockchain their project would be succesful, I mean, blockchain is indeed the technology of the future but it still has to be done the right way.
Numerous speculators on the influx of crypto prevalence moved toward this issue without hardly lifting a finger and even paltriness, imagining that any crypto and honed venture under it is fit for giving them a benefit. Therefore, cash was spent on unpromising ventures that did not legitimize their reality. ICO extends sooner rather than later will achieve an unheard of level of value and dependability, so working with them and contributing will be more productive and safe.
It all depends on the quality of the project. If the developers came to the point with all the subtleties, the project can have good prospects.
I agree with OP as i am seeing lot of good projects whose value is almost 90% down, ya it is true that this project is running good but right now the price has gone more then 90% down but cannot say of future as the project is running good and it can give you lot of profit if you can hold 1 or 2 yrs.
It all depends on the quality of the project. If the developers came to the point with all the subtleties, the project can have good prospects.
Yes that was true. We cannot deny that every project will succeed. Some projects were lacking of investors that's why they turned out to be a failure. Others were left by tge developers. No matter how other projects failed, atleast they have tried it in blockchain basis.
Oh, absolutely. There is just not enough space for all of these projects to thrive in and competition strips us down of the projects that can't compete or grow.
This is the truth many of the projects launching on blockchain are real garbage, some times when I finished reading some Whitepaper I just imagine how some people could so naive as to invest in such projects because just from reading the Whitepaper you should be able to know that they will have little to no future.
I think you are very right and correct.
Alot of projects don't even need to waste their time because the niche they are focusing on is already taken and their project doesn't have a solution or a wow factor that would disrupt that particular space.They end up wasting investors resource because more than half of those projects end up dead.
Alot of projects don't even need to waste their time because the niche they are focusing on is already taken and their project doesn't have a solution or a wow factor that would disrupt that particular space.They end up wasting investors resource because more than half of those projects end up dead.
Yes that was true. We cannot deny that every project will succeed. Some projects were lacking of investors that's why they turned out to be a failure. Others were left by tge developers. No matter how other projects failed, atleast they have tried it in blockchain basis.
Course I do. Using a block chain does not guarantee 100 percent results. You need to invest in your project and control it.
Of course, not every project needs a blockchain. But if you look far into the future, then we will see that our whole life is happening in the blockchain. All actions are recorded and stored there. Therefore, perhaps the developers are right that they do all the projects on the blockchain technology.
Absolutely. Many projects do not think ahead. They want here and now. And how do we know that blockchain projects are based on a long-term perspective.
Truly, I concur with you. Each task has objectives and advantages that might possibly be acknowledged by groups of onlookers. The more satisfactory the more will pull in financial specialists who can develop the undertaking. Task targets accomplished surely give incredible advantages. Interestingly, ventures that flop the greater part of the individuals who don't achieve their objectives on the grounds that there are no financial specialists or items that are less attractive.
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