But some of them are still developing. Let's hope that the time will come and there will be really big, real projects. Of course, there are very few of them. And they do not need to worry about favorable market conditions. If they create a sought-after product with a convenient ecosystem, the value of the assets of such a project will almost always be at its best.
And the rest will die soon or in a few altseasons.
Topic: Projects with Real Working Product care less about bullrun (Read 337 times)
Surely, but the problem is the lack of those working products. If every single coin or token that is listed on coinmarketcap, would have its own working product, BTC would not cost 10k and the market cap would be much higher than a trillion USD.
I think the bull run can happen at any time depending on how the development of the project, when the project has a good development, it is certain that the price of coins will be very easy to run, now there are a few projects like that because investors are not too much interested .
the problem is that BTC prices have a big effect on market conductivity. good and strong projects, with working products also affected by this, market and investor trends towards BTC can be an indicator. It is not possible to achieve success in a market that is not conducive, but there are more problems, which is why many prefer to focus on developing products first to attract market interest to get the right timing.
From my observations so far in crypto currency; it is not about creating a working product
Projects with working products Have gotten delisted and died away
And projects with working products have equally gone atleast -100x ico or ieo price
Recently , miracle tele has left investors in limbo
Real project’s care only about the future; which is why few altcoins still top the rankings on coinmarketcap
Projects with working products Have gotten delisted and died away
And projects with working products have equally gone atleast -100x ico or ieo price
Recently , miracle tele has left investors in limbo
Real project’s care only about the future; which is why few altcoins still top the rankings on coinmarketcap
There are plenty of projects that have already releasing a working product but you know what, most of the investors or people under the community of those projects rarely use the product. it will just create a hype and then it's gone the product have no users and moreover the project also couldn't grow because of that. Any project with real working product must also consider whether their product have a market or not.
The big question is, how many projects have working products in real life? Most just have products which are yet to be adopted, and nowadays all developers still have great concern for price of their coin which is not bad entirely. Development of solid product is cool, adoption is another hard nut to crack. I really wish well for team members doing everything possible to attain their project aim, without focusing too much on bull run or bear market speculations.
Bullrun favours every project, but if it does not come, a good project should not stop growing in value.
The best time to know that a project is good is during a general bad market situation. At least, we have seen some projects that showed such good qualities and ability, which is not just one or two.
The best time to know that a project is good is during a general bad market situation. At least, we have seen some projects that showed such good qualities and ability, which is not just one or two.
Why would they bother themselves with the bullrun when They have something that can push the price up. Take a project. Like binance for example, the holders thinks little about bullrun because the project has all it takes to push price up
I guess why would they? They are not doing something for the price of it, the price is the unimportant part of a project if they have a utilization. If they will create a token or a coin that would be used in something then they care about that product they will use it on to be good instead of the price.
Let's say you create a token that is basically one to one ratio for some company, then they would care how good that company does, that would reflect on the token eventually. Or maybe there is a game you can play with that token, they care how good that game is and if there are bugs or are the owners working on that bugs etc etc. Basically the utility of that token depends on the product you use it on and the price is not that important since people got it to use it not trade it.
Let's say you create a token that is basically one to one ratio for some company, then they would care how good that company does, that would reflect on the token eventually. Or maybe there is a game you can play with that token, they care how good that game is and if there are bugs or are the owners working on that bugs etc etc. Basically the utility of that token depends on the product you use it on and the price is not that important since people got it to use it not trade it.
Truth be told, bear run has a way of affecting everything out there irrespective of how committed the dev team are or the project it is. Bull run earns everyone money if your project gets crippled in the bear season, survival might be hard.
i feel like bitcoin is the only coin with the real use case here because of its adoption rate by investors and better community but there is no way to know what will happen tomorrow which is why i hold on to projects with working products,this doesnt guarantee that every projects with working product will become a success,its just that they have a better chance over other projects with no real use case
Developers need financial resources to create a "real work product", for this they launch ICO and IEO. What do you think will happen if you take away the ability to raise funds from developers with an excellent idea?
Although that's true but most of the ICO or IEO as of now having a hard time making their "real working product" success and being used widely by the community.Some developers might have a really excellent idea but an idea is an idea without making it a thing. However, real working product doesn't always mean a success for a project.
It is just really hard to get a better ROI than with just holding bitcoins.
Except if you are doing things like pump and dumps.
Except if you are doing things like pump and dumps.
Developers need financial resources to create a "real work product", for this they launch ICO and IEO. What do you think will happen if you take away the ability to raise funds from developers with an excellent idea?
That's right, I think all investors will only give all of their money to facilitate the cultivation of projects that are real work. and of course a project that has a goal of not losing direction when the project has been launched so it does not disappear after a few months in the market.
The time has come for developers to start creating projects base on real Working Products
Many projects that loses value in crypto space today are only created to follow the coin with highest volume or be drived by the top coin for example bitcoin
We only have very few projects that doesnt care if bitcoin increased or not because there will always be demands for the coin or token based on its working product.
once investors start realizing that real working products is what makes coins and tokens dependant on their own rather than waiting for bullrun season many projects will die painful death because investors will only keep investing in projects with working products only.
Many projects that loses value in crypto space today are only created to follow the coin with highest volume or be drived by the top coin for example bitcoin
We only have very few projects that doesnt care if bitcoin increased or not because there will always be demands for the coin or token based on its working product.
once investors start realizing that real working products is what makes coins and tokens dependant on their own rather than waiting for bullrun season many projects will die painful death because investors will only keep investing in projects with working products only.
Every coin is defined by the product or platform it is associated with, gone are the days when you can create a Bitcoin clone and it people will buy your coin even if it has no concept or product behind it, competition is very stiff now, the lifespan of coins that cannot keep up is very short.
People are now looking for a long term platform and new concept, I can say that investors are wiser now, they knew if the project is for a long term because they have seen from a successful projects how it evolve from getting funded to developing their platform.
@OP, that is nothing but the raw fact. The few god projects will always find their way to the top, irrespective of the market condition. There are projects that did not organize IEO and yet they are doing greatly well. A some of them even increase as much as x10 their fund raising price.
Time will come that projects that will be created soon are base on its purpose and use case. The era of useless projects will be gone soon when the community finally realizes that its no use investing with those kind of projects.
We are at good rate now, projects that do come still base on the hype and we can't blame the market for following bitcoin's lead because all projects and alts do the same.
We are at good rate now, projects that do come still base on the hype and we can't blame the market for following bitcoin's lead because all projects and alts do the same.
There are some project with working products ready and you know what, they died. No one is using their product although it is working because people only care about the Token or to flip money. Although there is some that still working and supported by the community but as I've seen most of them are just being left by their own community.
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