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Topic: Reason why only few projects became successful - page 8. (Read 5431 times)

hero member
Activity: 3136
Merit: 591
Leading Crypto Sports Betting & Casino Platform
the reason few projects get successful because they see what others don't and they have the optional to successfully launched the project.
And what they see that others can't in your opinion? What OP has said is true. There are good ideas that are converted into projects but they have an incompetent team so whatever they are doing, it's not clicking to the community. There are projects that has the same idea with the ones before so its nothing new anymore but they still click because the team that's working on it are very well professional in good in different aspects.
hero member
Activity: 2128
Merit: 530
PredX - AI-Powered Prediction Market
Because only few project are original and do know what they are actually doing, if you look at the space now, so many copy cat projects in the space and only selected few are truly out there to solve real world project, and with time these money grabbing projects would die and allow the good ones to thrive
newbie
Activity: 27
Merit: 0
That's very true, the team is everything. Towards the road to a successful product hundreds of obstacles will show up and no matter how good the project idea is a bad team will get stuck in those obstacles pretty fast.
copper member
Activity: 644
Merit: 0
POINTPAY
the reason few projects get successful because they see what others don't and they have the optional to successfully launched the project.
hero member
Activity: 3024
Merit: 614
Leading Crypto Sports Betting & Casino Platform
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

Even if you have a good team, if the concept is not good enough to generate support from investors and traders, it will not move forward, I have seen a team with good developers and they keep recruiting new developers in their team, but their project failed to get support and failed to advance in the market.

Before the main developer starts building his project, he needs to do a study on what the community wants and needs and can it be adopted everywhere, developers just want a platform and a team to work on it without realizing it's potential and do not ask if is good enough to generate support.
jr. member
Activity: 784
Merit: 6
Whenever you are doing research on a project, it cuts across all areas, including the team. Even while carrying out research on the team, the focus of some people is if the team is real or not, by looking at their claimed identity through KYC.
Yes, they might reveal their true identity, that does not mean they can effectively manage the project and the funds collected. Mismanagement, can there leas to the failure of a project, where the team uses the fund on unnecessary things, while the development of product is lagging.
Also, a professional team will not only focus on product, as the norms of some are, the market (price and marketing) is very important. Which entails maintaining a particular level of price and ensuring there is volume.
sr. member
Activity: 784
Merit: 250
DIA | Data infrastructure for DeFi
You know what, it does not matter on what time any project enters the market. The only things that matter are a great team, a working product and a healthy community. With all those three components together, any project will become successful.
member
Activity: 490
Merit: 16
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
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