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Topic: Reason why only few projects became successful - page 5. (Read 5400 times)

full member
Activity: 353
Merit: 108
I partially agree with you, but it’s not only the team’s experience. There are a huge number of factors. An experienced team does not guarantee success.
full member
Activity: 700
Merit: 100
The field of ICO and now IEO is already oversaturated with various projects that often repeat the same ideas. Even theoretically, all projects cannot be successful.
member
Activity: 742
Merit: 11
ICO is not only about idea or product that you are offering it also about  branding, some of the ICO they don't market their very well and very lack of communication to connect their investors.
member
Activity: 490
Merit: 10
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 agree with your point of view. Most of the bounty hunters they decided to join the project were because they saw the project had good developers as well as geinue / pro teams. It also helps investors to trust and invest in that project. So they will succeed more easily than teams without crypto experience


newbie
Activity: 76
Merit: 0
the reason few projects get successful because they see what others don't and they have the optional to successfully launched the project.
legendary
Activity: 1722
Merit: 1014
Crypto experience is the main factor, agree. But another factor is perfect timing - if ICO is being held on a bear market, usually it fails. Saw some cases when the team was trying very hard, but failed in fact, because of the total panic at the market.
legendary
Activity: 2366
Merit: 1408
I do not agree with you

For me it's obvious that projects fails at the most important thing to exist: What's the real problem that you project will solve?

You can have professionals, great devs, community etc, but if your project doesn't have utility, it'll die, no matter what
full member
Activity: 371
Merit: 100
We are still at bear market and most project are down once enter the market.
In addition, ICO is not successful before as many groups are just scamming people. If IEO became more successful that is the reason that investors will be active again.
jr. member
Activity: 286
Merit: 3
https://goldeth.io/
most projects are successful because the developer and the team can manage their projects well, besides if the project has a good road map and the team's reputation has extensive experience about the project, it is likely that the project can achieve the targets set.
sr. member
Activity: 1372
Merit: 252
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
It is not only the team behind the project that has a large influence on the success of the project. The product that was delivered and how to attract investors to invest in the project to get enough funds so that the project can run and be successful. Indeed, a professional and experienced team will consider all of these things in order to be achieved, but the products they carry must have innovation and be different from what ever existed.
legendary
Activity: 1890
Merit: 1003
Quality over quantity. The quality projects don't copy the other team's work, that's why these projects can be successful on the fundraising goal. Modern financial technologies have different qualifications which can't be found inside whitepaper of the failed projects. Few projects understand the needs of the crypto investors and they work with the different reserve plans if something unexpected happens.
sr. member
Activity: 1050
Merit: 377
And what prevents large, serious and smart people from creating new projects that will also all reach their goals?
Or what prevents brilliant students from building a team to create an idea to raise funds and bring everything to life?
Of course, from most projects, as it usually happens, most of them will not achieve their goals, but it always has been.
member
Activity: 574
Merit: 10
because only projects that are truly serious in their work will survive in a very tight crypto market.
there are a lot of cryptocurrency projects that trace exactly to existing projects and we can see many projects that only make half-finished projects and leave when there is a lot of funding from investors it mean SCAM project.
i just hope no more scam project in cryptocurrency.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
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
That is without a doubt an important reason but it does not tell the whole story, if a team did not had any previous experience developing blockchain projects but if they were honest about their skills and they were willing to work hard then we will see many successful projects, but that is not what we see, most of those that are releasing new coins not only do not have any experience, they do not care at all about producing a working product or service, they only want money at all costs and that attitude has created the current crisis that we are seeing in the ico market.
sr. member
Activity: 1701
Merit: 308
my reason why only a few projects are successful, because most ICOs are many scams, of course, investors are hesitant in investing in shares, they need time to see developments that occur unstable, so that only a few quality projects that succeed, market prices now it starts to recover a bit, hopefully in the future many new projects will succeed
member
Activity: 476
Merit: 10
Perhaps many projects have overestimated their capabilities. Perhaps they thought that in the cryptosphere it is easy to make money although it is not. About frank scam and say no.
member
Activity: 476
Merit: 12
I think the reason why only few project are became successful  is marketing strategies. I believe that the life of every project is based on marketing strategies. In this aspect investors will undertand well the project if marketing strategies and promotion will delivered in a right and good way. So I think this is the first aspect we need to improve to make project's success.
sr. member
Activity: 1036
Merit: 275
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

In addition to all these, projects that became successful usually present feasible solution to a particular gap since in either the crypto ecosystem or the world in general. Once such projects have relevant products to meet the needs of the general public, it will definitely be very successful.
jr. member
Activity: 280
Merit: 2
The best way to achieve success is a solid team, because even if you have tons of followers and working product, without smart management, the whole project can be destroyed within several days.
jr. member
Activity: 186
Merit: 3
I agree with your opinion, that the Team is experienced and has a high flight term so they really understand where their project will go next.  So the project they worked on became truly successful.
but all that also depends on the response of the community to the project, although however many factors influence the success of a Cryptocurrency project.
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