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Topic: Project use case is important for long term investment (Read 261 times)

full member
Activity: 896
Merit: 115
Many people don't know that a use cases to be realistically achievable is one of the criteria to consider if you are going long term on a project. For an otherwise project , what the project will see is short term investors that will Invest to sell off on exchange and move on. In this process many will be caught in because it won't list on good exchange and price won't be anyway close to ieo price. Let's do more research before taking huge risks . 
legendary
Activity: 2156
Merit: 1151
Nil Satis Nisi Optimum
I have seen several investors complain of rekts and loss after participating in certain ieos or investment, the token refuses to pump or increase in value.

It is as a result of poor demand for the token, hence before investing outrightly for the longer term, research and find out if the token has a use case that can drive token demand.

Because a project without use case, it's just crypto currency. Without demand for the token, it may never reach its true value.

In my opinion, most of the tokens or coins on the market are pump and dump projects. Unlike the coins or tokens that have products because their growth takes time. Tokens that have a use case will usually be more resistant to price fluctuations

i do not think that tokens with use case are more prone to price fluctuations, it is a volatile market, but use case and viable product is only way to have sustainable project for the future, in all other cases projects will shut down eventually since there will be no revenue for the people inside the project to continue their work
member
Activity: 840
Merit: 10
I have seen several investors complain of rekts and loss after participating in certain ieos or investment, the token refuses to pump or increase in value.

It is as a result of poor demand for the token, hence before investing outrightly for the longer term, research and find out if the token has a use case that can drive token demand.

Because a project without use case, it's just crypto currency. Without demand for the token, it may never reach its true value.

In my opinion, most of the tokens or coins on the market are pump and dump projects. Unlike the coins or tokens that have products because their growth takes time. Tokens that have a use case will usually be more resistant to price fluctuations
sr. member
Activity: 1246
Merit: 254
Trphy.io
But this is the real problem, we thought that cwe can built everything on blockchain, but as you can see blockchain is applicable only for money  transfers and as a form of digital asset.  Smiley
So many times a lot of reliable parties have already stated if the potential of blockchain still needs the more research and that means to apply blockchain in any product still an impossible thing to happen. There are few sectors that can use blockchain as its core system properly especially in the financial sector.
This is reasonable because I think Blockchain is still not enough old and is still young to be accepted by various countries, So to prove the sophistication of Blockchain still needs a lot of research or tangible products using the Blockchain system. Any project which able to prove their product using the Blockchain then I think it is a very feasible project for us, as long term investment.
hero member
Activity: 2282
Merit: 505
But this is the real problem, we thought that cwe can built everything on blockchain, but as you can see blockchain is applicable only for money  transfers and as a form of digital asset.  Smiley
So many times a lot of reliable parties have already stated if the potential of blockchain still needs the more research and that means to apply blockchain in any product still an impossible thing to happen. There are few sectors that can use blockchain as its core system properly especially in the financial sector.
sr. member
Activity: 966
Merit: 254
But this is the real problem, we thought that cwe can built everything on blockchain, but as you can see blockchain is applicable only for money  transfers and as a form of digital asset.  Smiley
member
Activity: 1540
Merit: 68
To be honest with you, you cannot count on every projects use case when you are doing your own research because in crypto currency things happen.
If you want case study, look towards the blockburn project, the spyce project , currently their product is struggling.

One thing you have to take note is that, the project use case you are confident about; can it happen ?
sr. member
Activity: 1218
Merit: 254
Trphy.io
The problem is that how people would easily fall into something enticing and they not making any second thought and put their money in for investments. They should put atleast a little effort to search and learn/educate what and how the project would bring innovations/changes in business sector they proposed to.
Very few investors are really thorough when choosing their Investment Project. In addition limited by their knowledge about Crypto project, they were also influenced by the lure of gifts or advertisements distributed by the Project Team. I personally see it is not good if we make a new project as a long-term investment.
hero member
Activity: 2170
Merit: 503
Reward: 10M Shen (Approx. 5000 BNB) Bounty
for now, conducting research before investing is mandatory. however, if you don't do the research, it's the same as throwing away your money. make sure that the project is worth. however, to be more secure, we can immediately choose tokens that are already on the market.
sr. member
Activity: 1652
Merit: 262
since long time ago or based on experience in the world of bounties, projects with real use cases will be projects that have a future. because, usually after the token is released then the token will become useless because there is no real use case, and investors or traders who have already made a profit will usually leave immediately. because on average they started with pre-sale.
hero member
Activity: 2996
Merit: 598
Leading Crypto Sports Betting & Casino Platform


Because a project without use case, it's just crypto currency. Without demand for the token, it may never reach its true value.

Of course, it is after the initial hype the coin will lose its value in the market, the most important thing right now is sustainable, if you failed to sustain your coin, investors will see that and they will just dump your coin and move to the next project, more so if your project is just a copy-paste of a past projects and those already in the market.
full member
Activity: 994
Merit: 117
sometimes that looks attractive from the outside may not necessarily have good abilities inside.
Likewise with crypto, there are many real use cases but you can't do anything on the market, so don't expect too much about it because the pope is the real ruler.
jr. member
Activity: 250
Merit: 2
The problem is that how people would easily fall into something enticing and they not making any second thought and put their money in for investments. They should put atleast a little effort to search and learn/educate what and how the project would bring innovations/changes in business sector they proposed to.

To be frank, one of the best way for a crypto token to thrive and sell easily are if it is enticing, attracting and easy to use.
The question we should ask before investing is that, is the use case reliable ? is it achievable ? is it realistic ?
member
Activity: 882
Merit: 13
The problem is that how people would easily fall into something enticing and they not making any second thought and put their money in for investments. They should put atleast a little effort to search and learn/educate what and how the project would bring innovations/changes in business sector they proposed to.
member
Activity: 210
Merit: 10
I don't agree, team professions are more important than use case most times, if team are good enough they can drive any new project to new better heights, I remember refereum project, as weak as its use case looks like the team have been doing excellent job so far
member
Activity: 266
Merit: 16
Sovryn - Brings DeFi to Bitcoin
Agreed but use case are of different levels, some are better than the others, many use case in crypto space are over hyped.

And again sometime projects have good use case but with bad team, how will you keep holding on to such coin? It's better to watch out for both use case and capability of team
hero member
Activity: 3052
Merit: 651
Correct. But how?

Use case as you said.
What do people want right now?
What do they need?
Have been looking for something to invest with but it looks to me like they are just repeating everything.
It's difficult to find a unique one. And if you do, they end up not being supported much because there is just no hype.
Worse case, they are a scam. Those unique genius minds just used to steal money. Sad but it is the truth.
legendary
Activity: 2156
Merit: 2100
Marketing Campaign Manager |Telegram ID- @LT_Mouse
If you are looking for use case or utility of a token, trust me you will not have one. I had a discussion on utility token earlier and I was really frustrated with the response ftom the community that there is no utility token in reality. Projects promised to have use case but they failed to implement, that's the case most of the times.
Check the discussion- https://bitcointalksearch.org/topic/m.54251841
sr. member
Activity: 644
Merit: 257
Worldwide Payments Accepted in Seconds!
I have seen several investors complain of rekts and loss after participating in certain ieos or investment, the token refuses to pump or increase in value.

It is as a result of poor demand for the token, hence before investing outrightly for the longer term, research and find out if the token has a use case that can drive token demand.

Because a project without use case, it's just crypto currency. Without demand for the token, it may never reach its true value.
Also consider the exchange where the IEO is happening. Sometime, the token never really good and investor noticed it. Take for example projects listed on low quality exchange such as p2pb2b or vindax. The project listed here are not comparable to the projects listed on Binance, Kucoin and other top exchange providing IEOs. Use case is important and the quality of project without it they cant experience a pump. With that said, some are increasing price but those are maybe manipulated by the exchange or team itself.

I would stay away from projects like that and only focus on good ones.
legendary
Activity: 3038
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
I have seen several investors complain of rekts and loss after participating in certain ieos or investment, the token refuses to pump or increase in value.

It is as a result of poor demand for the token, hence before investing outrightly for the longer term, research and find out if the token has a use case that can drive token demand.

Because a project without use case, it's just crypto currency. Without demand for the token, it may never reach its true value.

It should not even be seen as a cryptocurrency and if os, it is an outrightly shit coin.
This is why investors who look for well-developed products instead of exchange listing are very right. Such a coin will never get listed one good exchange and most times, their prices become so useless that you might get nothing meaningful from it, even after investing si much.
I think if it's a little bit wrong. We must not put or even bet everything in the product. As you can see how harmony was developing a good product and this time it was going drowned to the bottom even if it has a good product and it doesn't give a big guarantee. The product must be supported with a lot of variable just like the community, advertisement, and a lot of factors needed to make the company can get a huge result.
full member
Activity: 1176
Merit: 104
There are only few people - investors who are really after that, I agree with the statement above that most of people, actually us are just after the profit that you can get in investing on their project but surely, for those who see it as a long term investment then they are after the use of the project in real world.
member
Activity: 630
Merit: 11
NEW MEDICINE:Faster, Safer, Smarter
The most important thing to look out for in a project when You are investing for long term is definitely the use case of the project along with the reputation and ability of the team members.
jr. member
Activity: 714
Merit: 3
I have seen several investors complain of rekts and loss after participating in certain ieos or investment, the token refuses to pump or increase in value.

It is as a result of poor demand for the token, hence before investing outrightly for the longer term, research and find out if the token has a use case that can drive token demand.

Because a project without use case, it's just crypto currency. Without demand for the token, it may never reach its true value.

It should not even be seen as a cryptocurrency and if os, it is an outrightly shit coin.
This is why investors who look for well-developed products instead of exchange listing are very right. Such a coin will never get listed one good exchange and most times, their prices become so useless that you might get nothing meaningful from it, even after investing si much.
full member
Activity: 994
Merit: 101
Totally agree with you. There are couple of type projects you can see these days but those projects gain success which have real usable product. If project have no big/good community, if they couldn't make their token valuable to customer then automatically price will drop. Cause investor won't invest on that token which are valueless. So before invest on a project people should check that their providing product is really usable or not.
copper member
Activity: 299
Merit: 1
That's right and that's one of the reason why all this project are failing because they lack fundamental plan
hero member
Activity: 2184
Merit: 513
Moonbet.io | Web3 Casino
I have seen several investors complain of rekts and loss after participating in certain ieos or investment, the token refuses to pump or increase in value.

It is as a result of poor demand for the token, hence before investing outrightly for the longer term, research and find out if the token has a use case that can drive token demand.

Because a project without use case, it's just crypto currency. Without the demand for the token, it may never reach its true value.

The use-case will not play a lot in this case but when they were participating in the IEO that launched in the small platforms and those must not expect a huge gain instantly. What's driving the pump is the hype.

We have the early game after the IEO successfully funded,

The use case is a very important thing for the long term but the hype used to pump the price in the short term. When a coin getting hyped and people will FOMO to buy that.
member
Activity: 300
Merit: 11
FRX: Ferocious Alpha
Apart from use case, we have a lot of pump and dump coin that can give profit immediately after ieo and then dump. If you want to make a long term investment, it is better to invest in established coin than looking for one coin in the name of use case.
legendary
Activity: 3122
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
If you are planning to invest in long term better not jump on those new projects in IEO, why? We don't have the assurance that those projects will last. I prefer an existing project that has already established a good reputation already and has a good volume on the market. Don't risk in those new projects we have lower risk on existing ones. Well, but there are some new unique projects we can't deny that but the majority are not good and redundant coin.

redundant without valid reason to exist! if there is no use case, they will die very soon in exchanges. because traders will jump from one project to another.
but if it has real application, it will be hard for the project to fail because there are real users who are relying on it. but very few projects can really provide a good use case. sometimes they are only good at the beginning so better look also for long term survival of the use case.
full member
Activity: 1176
Merit: 162
If you are planning to invest in long term better not jump on those new projects in IEO, why? We don't have the assurance that those projects will last. I prefer an existing project that has already established a good reputation already and has a good volume on the market. Don't risk in those new projects we have lower risk on existing ones. Well, but there are some new unique projects we can't deny that but the majority are not good and redundant coin.
sr. member
Activity: 644
Merit: 260
Because a project without use case, it's just crypto currency. Without demand for the token, it may never reach its true value.

I totally agree with you but its not only about use case. A project can have great use cases but very poor strategies, for instance a project has a product that checkmates goods for counterfeit, yet they find it so difficult to convince firms to adopt their counterfeit verification app. Most projects with cool use cases which are successful today is because the team enacted cool strategies ; a good example is origin protocol creating impact already in e-commerce sector. Funny enough some projects without use cases still raise hype around their project just by using influencers or building a strong community. Some will have many applications on Whitepaper and many milestones on roadmap but will never achieve anything tangible. This is the more reason why we need to be careful when choosing the projects we invest in.
sr. member
Activity: 2240
Merit: 270
SOL.BIOKRIPT.COM
Things like this have often happened in 2018, at that time very many investors were disappointed and angry because the tokens they invested did not have real value, and what the team promised was also not fulfilled, so that it made many investors disappointed and reluctant to invest in new tokens to date.
there are a lot of used cases with no platform that allows convenience of use both for cryptocurrency regular user and novice that are online. Ferrum network (new project) is planning transaction through telegram and other social media without the use of private keys and addresses yet safe. It will encourage easy transaction, large market and will be so attractive. If the utility increases, the volume will as well then the price will follow. the space is still growing in my own but this token is DAG not the regular blockchain
hero member
Activity: 1806
Merit: 672
I have seen several investors complain of rekts and loss after participating in certain ieos or investment, the token refuses to pump or increase in value.

It's the investor's fault for demanding the project to pump the prices, I mean it's like the equivalent of asking a company to pump their own stock prices even though they know to themselves that if they are underperforming that year it would be impossible for them to do so. Yeah sure they can buy shares of their own but this will just be a band aid solution at best.


Because a project without use case, it's just crypto currency. Without demand for the token, it may never reach its true value.

This is where a lot of crypto projects fail, since they aren't fulfilling their promises or actually accomplishing something they have said in their roadmap then a promising project would definitely fail and the demand will diminish since there are really no developments involved with the project. That's why just a piece of my advice I would highly recommend you not to always just look for ICOs that are promising but also is handled by responsible people who will definitely guide their project towards their goals.
full member
Activity: 983
Merit: 100
Things like this have often happened in 2018, at that time very many investors were disappointed and angry because the tokens they invested did not have real value, and what the team promised was also not fulfilled, so that it made many investors disappointed and reluctant to invest in new tokens to date.
member
Activity: 756
Merit: 13
DIFX - Digital Finacial Exchange
Absolutely, value is derived from demand, which is basic principle of economics and do not forget that the demand will only come if the project has an ecosystem of products and services that are in demand and people use these services on daily basis and generate revenue for the project and also use the project coins or tokens for discounts and benefits creating massive demand for the project tokens that will increase the value.
sr. member
Activity: 1596
Merit: 335
I totally agree, however, most investors are not after the product or use case of a project, some are investing because of income. People would rather choose projects who have good marketing strategy over a project with a product. Most investors are after having a token listed in a decent platform than to let the team focus on the project it self.
member
Activity: 421
Merit: 47
I have seen several investors complain of rekts and loss after participating in certain ieos or investment, the token refuses to pump or increase in value.

It is as a result of poor demand for the token, hence before investing outrightly for the longer term, research and find out if the token has a use case that can drive token demand.

Because a project without use case, it's just crypto currency. Without demand for the token, it may never reach its true value.
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