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Topic: Reason why only few projects became successful - page 2. (Read 5431 times)

sr. member
Activity: 1988
Merit: 453
All of these developers with experience in other projects have been beginners, I just think it's an exaggeration to think that only veterans can have a good idea and a good project execution.

I would never say that only veterans will be able to create a good cryptocurrency. But at the same time, let me ask you something. Will you be willing to invest in some altcoin, which is being developed by a few college students with no previous experience in this sector? I would avoid such projects, even if they have a good idea and project execution plan. The project may be good... but we need to think about the viability as well. With such a team, will they be able to get the necessary funding?
full member
Activity: 910
Merit: 100
I think no matter how experienced and professional the team of a certain project if people/investors wouldn't like to invest they will not succeed because they will not have funds to develop their project. A project must be quality, have a solid team which are active in developments, promotion and attending blockchain events in this way people will trust and invest on the project.
that's right, even though the development team is very experienced and professional, if one of the criteria that you say is not in the project then the project will not be able to attract the attention of many investors and the project will fail.

currently investors are very careful in choosing projects, so each development team must pay attention to everything correctly and well. if everything looks good then investors will be interested to join.
sr. member
Activity: 2618
Merit: 439


Many projects that are coming into crypto worlds are been built by teams that have no experience about crypto at all,this is why many projects that appeared to have good ideas failed in the end.
Because the truth is they don’t really have intentions to be in crypto to help and progress but the reason he they are here is to scam and bag money easily from the misleading victims,and many of them are using fake team and fake threads
Quote

Projects with pro teams always have a solution to every problem they come across when development is ongoing,either in Bear Market or Not they always know what to do that won't affect their coin or token
But these teams and project is really hard to find now,they are rare and I think endangered now 😂
jr. member
Activity: 504
Merit: 1
All of these developers with experience in other projects have been beginners, I just think it's an exaggeration to think that only veterans can have a good idea and a good project execution.

But it is certainly much more reliable and safer to invest in a project with an experienced team behind it.
member
Activity: 882
Merit: 13
I think no matter how experienced and professional the team of a certain project if people/investors wouldn't like to invest they will not succeed because they will not have funds to develop their project. A project must be quality, have a solid team which are active in developments, promotion and attending blockchain events in this way people will trust and invest on the project.
full member
Activity: 1048
Merit: 101
the word failed does not mean "scam", failure of a project can be caused by project funds that do not reach the target so that the team prefers to terminate their project. if the scam project indicates that the team embezzled the project funds, they left without a trace and there will be no hope for the success of the project.
full member
Activity: 1624
Merit: 163
Do you know why only few projects are dynamic and effective? They have genuine/pro teams and their Teams & Developers are experts with past experiences from other crypto businesses and companies in their pasts,when pro teams come together to build new ideas they will easily reach their milestone and become successful. If you can do research on projects that arent scam but failed its because they lack the professionalism idea.

Many projects that are coming into crypto worlds are been built by teams that have no experience about crypto at all,this is why many projects that appeared to have good ideas failed in the end.

Projects with pro teams always have a solution to every problem they come across when development is ongoing,either in Bear Market or Not they always know what to do that won't affect their coin or token

Not only that. Most the time, those newbie team tends to seek more profit than the development of their project, no wonder they are going to fail in the long run. Also, most of the projects that are "failing" are scams anyway. That's why only few genuine projects are getting recognize in the cryptocurrency space.
jr. member
Activity: 420
Merit: 3
You cannot give what you do not have. A tea that has no experience about cryptocurrency and no technical know how, cannot deliver, present or give what is not in their power.
What baffles me most is that, these same team might raise or might have them donated some funds too,  which mismanage the fund, by setting wrong priorities.
member
Activity: 238
Merit: 11
There are many reasons why only few projects become successful in the cryptocurrency industry and only few understands this. Many of these few projects are failures from previous projects and sat back to work on their weaknesses. Many of these few projects are successful because they are tried to bring something unique to the cryptocurrency industry as in the case of bitrue with their power piggy feature.
jr. member
Activity: 71
Merit: 1
the first is experience and the second is marketing products.
If the team has extensive experience in managing previous projects, of course, investors will support it.
in addition, the team also needs a good marketing strategy in offering products to the market because that is what will determine the good and bad luck of a project.
legendary
Activity: 2716
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
The marketing strategies of these start-up projects play a big role in the success of a project and well, those that implement the best strategies often get invested in. A project’s team should be all hands-on deck to ensure the success of that project. People will invest in something that they feel is legit.
I agree that marketing is one of the factors that determine the success of a project. but, I agree with the writer, that the most important thing is how professional a team is with what they do. in the case of sales, an experienced team will definitely create an accurate marketing strategy concept so that investors are easier to reach. some of the successful projects this year made sales in a very popular market.

therefore, seeing the team's expertise and completeness will be very good going forward. some projects have good concepts and get large investment funds, but because the team doesn't have a lot of experience, it makes the project slowly less attractive.
hero member
Activity: 924
Merit: 501
I would add that highly motivated people without experience still will be able to run the project more or less successfully from a scratch.
member
Activity: 434
Merit: 25
The marketing strategies of these start-up projects play a big role in the success of a project and well, those that implement the best strategies often get invested in. A project’s team should be all hands-on deck to ensure the success of that project. People will invest in something that they feel is legit.
full member
Activity: 532
Merit: 108
Do you know why only few projects are dynamic and effective? They have genuine/pro teams and their Teams & Developers are experts with past experiences from other crypto businesses and companies in their pasts,when pro teams come together to build new ideas they will easily reach their milestone and become successful. If you can do research on projects that arent scam but failed its because they lack the professionalism idea.

Many projects that are coming into crypto worlds are been built by teams that have no experience about crypto at all,this is why many projects that appeared to have good ideas failed in the end.

Projects with pro teams always have a solution to every problem they come across when development is ongoing,either in Bear Market or Not they always know what to do that won't affect their coin or token

Totally agree with you. If a project want to be a success one then they need to be a great team management. In my opinion there is couple of things need for be a success project and team effort is one of them. No matter when you lunch your project if you have good plan and pro teams you don't need to be  worry for your project. Because they know which problem need to be solved in bad time.

You are partly right, but there is one very important reason why everything is not so in projects as we would like. Most of them were created not for the sake of the product but for the sake of the team’s earnings. The product was created only in order to provide the ICO participant with their intentions or even nothing was created at all, but there were only promises. Also, projects don’t follow their roadmap at all, and there was silence in the chat where the dialogue used to go.
full member
Activity: 686
Merit: 102
Do you know why only few projects are dynamic and effective? They have genuine/pro teams and their Teams & Developers are experts with past experiences from other crypto businesses and companies in their pasts,when pro teams come together to build new ideas they will easily reach their milestone and become successful. If you can do research on projects that arent scam but failed its because they lack the professionalism idea.

Many projects that are coming into crypto worlds are been built by teams that have no experience about crypto at all,this is why many projects that appeared to have good ideas failed in the end.

Projects with pro teams always have a solution to every problem they come across when development is ongoing,either in Bear Market or Not they always know what to do that won't affect their coin or token

Totally agree with you. If a project want to be a success one then they need to be a great team management. In my opinion there is couple of things need for be a success project and team effort is one of them. No matter when you lunch your project if you have good plan and pro teams you don't need to be  worry for your project. Because they know which problem need to be solved in bad time.
member
Activity: 373
Merit: 11
Do you know why only few projects are dynamic and effective? They have genuine/pro teams and their Teams & Developers are experts with past experiences from other crypto businesses and companies in their pasts,when pro teams come together to build new ideas they will easily reach their milestone and become successful. If you can do research on projects that arent scam but failed its because they lack the professionalism idea.

Many projects that are coming into crypto worlds are been built by teams that have no experience about crypto at all,this is why many projects that appeared to have good ideas failed in the end.

Projects with pro teams always have a solution to every problem they come across when development is ongoing,either in Bear Market or Not they always know what to do that won't affect their coin or token

I totally agree with your opinion,, cause Professional and expert development and advisory teams are a reason why a project can be successful and fail ... as you said when a project has a good and experienced team it will produce a project that grows well ... and if the project does not have a good team so it tends to fail .. then the work team will determine the success of a project
member
Activity: 392
Merit: 10
CurioInvest [IEO Live]
I am not going to doubt the OP on this. A typical example is the CEO of miracle tele who thinks everything should be decided by him alone and this is so boring in this type and level of world. There is no team work and this affirms the lack of professionalism that the OP was saying. Many projects have forgotten that to be successful, it doesn't take the whole years of their live but rather just a professional tactics to be so.
hero member
Activity: 2688
Merit: 588
The success of a project because the team can manage their project correctly, they can develop the project according to their road map, but at this time we know that a bad market situation also affects investor interest, many investors are currently reconsidering before investing in a project. but I'm sure the key is only in the team and also the project developer.
I totally agree. without a strong team and decisiveness of their actions, no projects can be realized. and investors also choose projects if they have a strong team. even in spite of bad market conditions - a strong team can bring huge results
What makes a team strong is not only their intellect, but also their ability to drive the project to any length, there are some people that are too calm for a project, too calm in the sense that they are not aggressive about it, they have the idea and they create the product, but to the push to drive the product is not there, and they wait for all manner of external factor to influence the project in their behalf and that is why they don’t get to be known.

Take a brief look at binance, despite that binance already got its hype, the CEO still did not stop there or relent on just the exchange alone, but he often do come up with other additional features that would make the project to keep getting popularity and that is why is succeeding more than every other exchanges that you see out there.
member
Activity: 556
Merit: 10
by looking at the development of the project for now is very difficult and very difficult to guess its success, a successful project for now that is of sufficiently high quality has a very experienced team and active marketing, the most important is that the product or performance has proven to work and is very real often successful and directly entered in exchange, now many abal abal projects are widely marketed in various ICOs and IEOs just to deceive investors' money but are not real in terms of their work
member
Activity: 322
Merit: 10
homt.net
Do you know why only few projects are dynamic and effective? They have genuine/pro teams and their Teams & Developers are experts with past experiences from other crypto businesses and companies in their pasts,when pro teams come together to build new ideas they will easily reach their milestone and become successful. If you can do research on projects that arent scam but failed its because they lack the professionalism idea.

Many projects that are coming into crypto worlds are been built by teams that have no experience about crypto at all,this is why many projects that appeared to have good ideas failed in the end.

Projects with pro teams always have a solution to every problem they come across when development is ongoing,either in Bear Market or Not they always know what to do that won't affect their coin or token

Logically, projects with pro teams inside will be choose by the investor. The teams must be able to control in great way for their projects. Now, the investor really smart and carefull in choosing projects. They will be more interested  in projects which manage by capable team and already has much experiences in handle project.
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