Old crypto ways fades away easily - page 6.

ololajulo

sr. member

Activity: 2240

Merit: 270

SOL.BIOKRIPT.COM

Quote from: joseyphil82 on March 24, 2020, 02:00:24 AM

Once upon a Time in every bounty life these makes you very bullish on new coins,
2. Burning remaining unsold token after ICO
3. Team Locks their own tokens for years

The excess token left from IEO needs to be addressed in coming months, why produce such high token when you wont need it, sometime less than 50% token are sold in IEO. Such fraction cant be good for token economics. Though IEO had replaced ICO, It makes it more difficult to monitor coin transferred to exchanges and we know how fraudulent our exchanges had been. Team are now used to dumping locked coin in the market when they need fund. They do that without any consideration for investors and such keep affecting new project from convincing investors.

pawanjain

hero member

Activity: 2702

Merit: 716

Nothing lasts forever

There are hardly any projects which come up to be a potential project with good vision for the future.
Besides that, if they don't have the necessary fundamentals as mentioned in OP they are bound to lose their opportunity of being successful in the market.
I guess the bounty days are going to end soon.

Thomas-s

hero member

Activity: 1274

Merit: 500

Proof-of-Stake Blockchain Network

I recently saw a Hitmex bounty campaign. there also everything was very positive on these points, but now the campaign has turned out to be a scam. The project has already been even on coinmarketcap. Now everything is very incomprehensible. it is not known which project will be really good. but I prefer to participate in projects where payment occurs every week.

Akiko

full member

Activity: 896

Merit: 198

Quote from: mahilchii on March 24, 2020, 08:47:55 AM

Once upon a time people use to earn a lot from Bounty projects but now a lot of them use to be scammers, a Bounty projects success depends on the exchange listing. People have lost faith in Bounty projects these days and crypto exchanges are dying but they won't fade away.

because many people see the opportunity to earn making an ICO thats why more of them ended up to be scam, becasue the founder of that ICO doesnt have any idea how to make business they all think its easy to make a project by having a money that why they asked for money for ICO. They dont realise there are also many things need to considered if they dont want to end thier project.

Davian144

hero member

Activity: 2576

Merit: 579

Quote from: DDante on March 24, 2020, 06:55:04 AM

What we need is better use cases that people around the world will definitely benefits from and very responsible team work too, this two thing is what makes a good crypto project today, if I have to add more it will be better partnerships, but my first two points lays the foundation

Obviously, the two basic points are the most important among those that are important for each project, because they are the foundation for strengthening the project in the long run, because with these two things can also add new partners to the project itself.

mahilchii

member

Activity: 560

Merit: 13

Once upon a time people use to earn a lot from Bounty projects but now a lot of them use to be scammers, a Bounty projects success depends on the exchange listing. People have lost faith in Bounty projects these days and crypto exchanges are dying but they won't fade away.

Ezravdb

hero member

Activity: 1680

Merit: 506

Trphy.io

Quote from: Greatchu on March 24, 2020, 06:19:06 AM

Honestly I've gotten tired of projects with burn token and advisors like John McAfee, it doesn't work anymore, everything seem adjusted and many have learned, most of the projects hyped by advisors in the past are dead already because the lack of interest is present

You are right, now the hype of a new project that is able to anesthetize investors with a strategy to establish cooperation with large exchanges such as Binance, okex, bittrex or others. because now the fundraising system is done through IEO with a fairly short duration. Advisors are not an attraction for newly built projects.

Raflesia

hero member

Activity: 2282

Merit: 560

_""""Duelbits""""_

All of that has changed since the ICO fraud occurred because some hunters considered that the bounty now needed a long time.

Old bounty
1. Fast sales even in a few days
2. Not long bounty only takes a few weeks
3. A good developer and also serious in handling it
4. Teap entry and the price according to what is expected and therefore many hunters are happy.

Bounty now
1. Sales do not reach targets (even fail)
2. Bounty takes a long time and is also waiting for distribution for months
3. The team always stall for time (that's what always upsets the community)
4. At the end of the scam and the hunters do not accept anything even after months of promoting it.

VDraci

member

Activity: 560

Merit: 28

SAPG Pre-Sale Live on Uniswap!

Investors have learned from past mistakes, back then you will see investors rushing to buy a coin or token because a well known person hyped the project on the internet or a popular man becomes the project advisor, that doesn't work anymore, things have changed

tiang_tower

full member

Activity: 826

Merit: 100

Quote from: Greatchu on March 24, 2020, 06:19:06 AM

Honestly I've gotten tired of projects with burn token and advisors like John McAfee, it doesn't work anymore, everything seem adjusted and many have learned, most of the projects hyped by advisors in the past are dead already because the lack of interest is present

True, projects that rely on advisors such as John McAfee will no longer function at this time, because investors have learned a lot and have a lot of experience too from previous things, so they will not be affected again by the words of the advisor.

jossiel

hero member

Activity: 2842

Merit: 625

DGbet.fun - Crypto Sportsbook

Most bounty hunters want the assurance of the bounty that they join. If it happens to be listed on any exchange and that's something that passes their standards because it's hard to find projects that lists their tokens on known exchanges.

Time has changed a lot so don't think that things from the past will comeback.

LbtalkL

full member

Activity: 1176

Merit: 162

It is normal that investors are wise now in the previous Bullrun we have learn our lessons. Those ICO's days are gone and will never come back, it has been damaged by scam/fraud projects. Now if I heard about ICO it does not interest me at all unless a well-known company is launching it or has some legit big partners but it is very rare to happen right now.

goaldigger

sr. member

Activity: 2422

Merit: 357

A lot of new projects before that pays a good bounty reward simply because the market is just starting to introduce themselves in the world and that’s the best time for the investor to create their own project, they pay huge in their bounties just to get the best result and that is the best history for the bounty hunters. Now the game has change and the way of doing bounties now will require you a lot of time, effort and a lot of risk on falling on a scam projects.

casperBGD

legendary

Activity: 2156

Merit: 1151

Nil Satis Nisi Optimum

Quote from: joseyphil82 on March 24, 2020, 02:00:24 AM

Once upon a Time in every bounty life these makes you very bullish on new coins,
1. Well known advisors
2. Burning remaining unsold token after ICO
3. Team Locks their own tokens for years

And now the game have changed a lot, if the following doesn't happen well may God help you

1. List on top exchanges like OKEX, Binance or gate.io
2. Coin already trading and have good volume
3. Promotion has very limited reward for promoters
4. Highly demands for the coin or token

What do you think? Drop your thoughts

times are changing, and they are changing fast, more people is now introduced to crypto than two years ago, and with more people, more scammers as well, so to speak, investors and bounty hunters learned eventually something from their mistakes, and this puts hurdle up for new projects to be visible and recognized as good

GreatArkansas

legendary

Activity: 2338

Merit: 1354

Because everything change also in cryptocurrency.
Do you think that there are also lot of money are being scammed before, while some are earning huge money?
I think today is better than before. Because today, most of the projects now are kinda legit continue to progress.
While if you see some shitcoins, they are gone or starting to fade away.

palle11

sr. member

Activity: 2366

Merit: 332

I rather think that new way is more of deception, it is filled with hype and scam. Their are more scam projects now than even before. I consider 2017 as old way but hunters and investors made reasonable money from their time and investment but from 2019 to now, I doubt if money is being made but more of volume drop and price diminishing.

ife2020

member

Activity: 579

Merit: 13

Are you kind to your neighbor? Think it through

Quote from: joseyphil82 on March 24, 2020, 02:00:24 AM

Once upon a Time in every bounty life these makes you very bullish on new coins,
1. Well known advisors
2. Burning remaining unsold token after ICO
3. Team Locks their own tokens for years

And now the game have changed a lot, if the following doesn't happen well may God help you

1. List on top exchanges like OKEX, Binance or gate.io
2. Coin already trading and have good volume
3. Promotion has very limited reward for promoters
4. Highly demands for the coin or token

What do you think? Drop your thoughts

I think it is wrong to join a bounty just because they have well known advisors, that does not translate to a good product or project.
Also, i think it is wrong to join a bounty because they have an oncoming burn, hbrs token did a swap and a burn and the token has still remained a shit.

Joining a bounty because it is on top exchanges, trading with good volume is a chance i reckon with, and make sure the high volume translate to a very high buy orders daily, else you will earn peanuts.

Neutrally, i think high demands for a token means it is a good product, hence leads to increase in price and value.

Upgrade00

legendary

Activity: 2114

Merit: 2248

Playgram - The Telegram Casino

What should make an investor bullish is a project with an actual real world application and it not being a duplicate of an already existing project. Anything beyond these, the project can only survive for so long before it starts to go under.
Project developers can use any of these methods listed as a means of attracting investors and yet still creating a useless coin.

I would advice everyone to stay away from ICOs, STOs or IEOs, a very huge percentage of them turn out to be scams or poorly organized projects.

DDante

member

Activity: 434

Merit: 19

What we need is better use cases that people around the world will definitely benefits from and very responsible team work too, this two thing is what makes a good crypto project today, if I have to add more it will be better partnerships, but my first two points lays the foundation

Akiko

full member

Activity: 896

Merit: 198

Quote from: Greatchu on March 24, 2020, 06:19:06 AM

Honestly I've gotten tired of projects with burn token and advisors like John McAfee, it doesn't work anymore, everything seem adjusted and many have learned, most of the projects hyped by advisors in the past are dead already because the lack of interest is present

Those advisor is not really help the project sometimes they are the reason's why the price of that token deacrease in just a moment without even distributing to hunter's thier payment.

Also the new way with only small rewards will not attract bounty hunter's to continue advertising a project. The smaller the rewards the lessen the member who want to participate.

Topic: Old crypto ways fades away easily - page 6. (Read 643 times)