Not every blockchain project has a good future - page 9.

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legendary

Activity: 3122

Merit: 1492

Quote from: Boxxl on April 17, 2018, 04:52:02 PM

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

We already know that apart from the newbies. But do you know any project that has a chance to be successful? I reckon you don't, the same as me.

In any case, I would like to see the list of the projects that you think will be successful just to see if you heed your own advice. Thank you.

CreamyCheesecake

member

Activity: 339

Merit: 11

People are seriously just trying to profit as much as possible in this ICO rush. Lots will collapse and die and only a few will prove their worth.

pranazzs

member

Activity: 532

Merit: 11

Especially now many ICOs are not clear. which usually ends a scam.
indeed only the top 10 of the best Coinmarketcap for the future!

sedahan13

member

Activity: 462

Merit: 10

Successfully of the project depend on many factor, that is team founder, aim of the project, development of the project, unique project and benefits that they offer , and support from the community. There are new project and ICO everyday that mean alot of competitor in the market and some of them will fail. And 90% project failed because the team founder not professional and does not have any inovation to make their product more interesting.

IamAlen

newbie

Activity: 72

Merit: 0

I think the same as you. Many projects will not succeed in the long term because the competition is too big, but you also have to say that many projects simply do not have a good team, advisor or marketing. but there are also many projects that are just too slow to work and take too long to develop their blockchain, so projects that quickly bring a working product to the market will also prevail.

jimimcome907620

sr. member

Activity: 397

Merit: 250

The Experience Layer of the Decentralized Internet

Quote from: Boxxl on April 17, 2018, 04:52:02 PM

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

Thank you for your warning and I will be more careful in the future.

European Central Bank

legendary

Activity: 1288

Merit: 1087

virtually none of them have a long term future.

in 5-10 years there probably won't be more than 3-5 projects around that are around now. all of the thousands of others will achieve nothing and fail.

even after all this time hardly anyone has figured out what use a blockchain actually has out in the real world and i think it's gonna take many more years before we do. right now it's still in the solution looking for a problem phase.

no one should stay married to anything. keep a long term position by all means but take that profit and then some when the opportunities arise.

Noobaru

jr. member

Activity: 504

Merit: 3

I agree with you, not all projects need a blockchain integration. If the platform is doing just fine on its own, why change it into blockchain based, if that is only going to cause problems. You got to ask yourself with every project the question: "Are they solving real-life problems with integrating?" If they are, then I guess the project has a good future. But if they are just copy pasting established platforms with blockchain integration in order to earn, then this is bad. At least in my opinion. Cheesy

batang_bitcoin

hero member

Activity: 3080

Merit: 603

Quote from: Rozita on April 17, 2018, 06:20:27 PM

I agree that many projects will fail. And I also agree that friendz won't replace facebook.
But it's a good idea to use blockchain technology for a social media. What's the problem?

There's no problem if you'll use or upgrade a present service/social media entangled with blockchain. As long as the developers of it are working hard and happy to see their project is operating, they will not take a look at short term success. Facebook didn't became successful overtime, it took so many years before it has been recognized worldwide. I agree that many projects fail and the main reason of it are;
- the project isn't needed by the community.
- the developers are not serious with it.
- the project is a joke.

Rozita

full member

Activity: 658

Merit: 108

I agree that many projects will fail. And I also agree that friendz won't replace facebook.
But it's a good idea to use blockchain technology for a social media. What's the problem?

livingfree

hero member

Activity: 2996

Merit: 580

Hire Bitcointalk Camp. Manager @ r7promotions.com

Quote from: Boxxl on April 17, 2018, 04:52:02 PM

Here is why
Not every project needs blockchain. Or not every blockchain project will survive.

True. There are so much projects that are now leaning on to blockchain and they all think that its part of the project though there's no need of it. There's no use for them to take part of it and for those projects that are failing in the mid-run, they only took the money of their investors.

Quote from: Boxxl on April 17, 2018, 04:52:02 PM

In a project you need also a good businessplan and marketing.

Not all projects that has good business plan and marketing becomes successful.

Endikadija

hero member

Activity: 1458

Merit: 509

Quote from: Boxxl on April 17, 2018, 04:52:02 PM

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 can tell you some similar project as friendz tried to replace the existing one in our life which is not possible in my opinion just like matchpool tried to replace tinder but it less on the adoption and it will never have happened.
We don't need companies with centralized system but we need more companies to discovering the new problem and give the innovative solution.

CryptoAllDay

sr. member

Activity: 578

Merit: 250

I noticed this as well. People are trying to bank off the word blockchain by adding it to every single project they can think of and then starting their ICO sales. There are many scenarios where trying to transition to blockchain is not worth it or too complicated, making it not worth the effort.

Fioraver

full member

Activity: 472

Merit: 100

Gamblica Pre-Sale launch 01.03.2018!

You are absolutely right and not every project is worth, but all of them want to raise money. We have seen some really absurd ideas that are trying to adopt block-chain technology.

dobol

sr. member

Activity: 392

Merit: 250

I prefer a unique project, meaning the implementation of blockchain on something new and certainly will facilitate human life, I'm sure such projects will be a huge success

Brothersav

member

Activity: 182

Merit: 10

Quote from: Boxxl on April 17, 2018, 04:52:02 PM

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

Definietly agree. People are trying to blockchain everything. Let's be honest. A blockchain for dentists?! Who is going to accept tokens for dental procedures and who is going to buy them to pay for these procedures? I think in the next few years we will see plenty of blockchain tokens die off. Darwinism for crypto. As for Friendz- Steemit is proving that wrong. Facebook is going downhill from here. Give it another few years and it's going to go the way of Myspace. This is mho

Yaunfitda

hero member

Activity: 2870

Merit: 594

Quote from: Boxxl on April 17, 2018, 04:52:02 PM

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

Of course, because some of them are really copy cat of a previous project, they just added few variations and changed the name, so if you are really into crypto investors you will notice this a lot and most probably won't invest on those.

That's why we should use our common sense here. You need to filter out every ICO that's been popping around and not just joined because of the hype that surrounds it. And later turns out to be a scam.

Interesting you to put Friendz, because the moment I see this project, I have a good chuckle and I agree that it will face a hard time to succeed but who knows. But at this point, I will not put any investment on them. Sorry.

zenhu

sr. member

Activity: 645

Merit: 266

Yeah cant argue with that, sometimes people come with really weird project but its not completly their fault anyway, i mean if there a demand there will be another person become suplier right ?

heritage35

member

Activity: 462

Merit: 13

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.

yura888

full member

Activity: 364

Merit: 100

“Create Your Decentralized Life”

Quote from: Boxxl on April 17, 2018, 04:52:02 PM

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 Agree. Now just everyone is doing different projects adding to them the word blockchain and start the ICO. And is it necessary in general? And is it necessary in blockchain? Just want to collect easy money

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