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Topic: Over 2000 Projects Reviewed – 640 have not published a single Code in 2019 - page 3. (Read 509 times)

full member
Activity: 868
Merit: 104
I don't understand the whole story in that article. However one thing is sure. Most projects are scammers and thats why we dont see any progress or codes. This needs to change very soon.
member
Activity: 490
Merit: 16
Everyone with a good understanding knows we have more concepts than working products. Yobit is also is a remarkable home for shitcoins  Grin A lot of dead projects are constantly pumped on Yobit. I sometimes wish that the exchange could be investigated for fraudulent activities.
I wonder how that is going to happen, there is nothing that can stand in between exchanges and investors for now, the freedom world of crypto is really hurting it, yobit exchange is not the only exchange with shitcoins that are been pump on purpose
jr. member
Activity: 406
Merit: 5
I-CHAIN - The Revolution of Digital Advertising
Everyone with a good understanding knows we have more concepts than working products. Yobit is also is a remarkable home for shitcoins  Grin A lot of dead projects are constantly pumped on Yobit. I sometimes wish that the exchange could be investigated for fraudulent activities.
full member
Activity: 588
Merit: 106
My opinion is that they are 50% scammers who raised money, and this is the end of their goal, therefore, thanks to such dealers, the overall picture of the crypto industry is negative, and investors are more careful and less willing to invest in projects.
hero member
Activity: 1204
Merit: 509

That article is like saying water is wet. Umm... yeah, everyone kind of knew that most shitcoins aren't actively updating their code or adding new features. And yobit is one of the worst exchanges out there, or at let's say it's where you go to find shitcoins.

I don't mean this post to disparage the information you provided. Just saying that anyone involved with crypto should have well been aware of this ages ago.
hero member
Activity: 2212
Merit: 805
Top Crypto Casino
Apologies for the long thread title. Btw, I recently came across a report by CoinCodeCap and I found it fascinating and want to share with others o'er here.

Here are the key findings :
Main findings –

Quote
More than 640 cryptocurrencies did not publish any code in 2019.
Yobit is top exchange for these coins, list 62 such coins.

The combined market cap of these cryptocurrencies is more than $415 million. (415,341,340)

Proton Token with the highest market cap (84,989,086) has not published any code since 2018. (This data is from Nomics APIs)



What's more interesting is that, Majority of these projects were launched in 2017 with a truck load of promises. Today, The story is different.


What's your thoughts on this? Feel free to share.


For further Reading : https://blog.coincodecap.com/analyzing-cryptocurrencies-github-activity/
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