Topic: Some projects are fated to doom? - page 5. (Read 492 times)

Very correct, that a project fails is not an indication of a bad team, just as a project with a good team is not also an indication of a good project that will not fail.

Many factors directly/indirectly affect the the success of a project, some which i can identify right now apart from a good team are;

- Sustainability of the ideology behind the projects: Projects which are hinged to sustainable amd viable ideologies will be accepted and can be sustainable.

-Competition at the early stages: If at the time a project is launched there are no choking competition to compete with, it can gain ground and become something known before any competition surfaces.

Of course, a good, hardworking team is not a guarantee for a good project.
For building a good project, it requires A LOT of knowledge, experience and how to proceed in a constantly evolving market.

So far, many coins have arrived but only few could establish a good project. Remember 4 years ago, maybe people still remember EOS, it was praised as a good project but it never gained traction because it was a centralized project depending on dPoS (delegated PoS). And so are many new projects today, doomed to fail because of a lack of decentralization because of greedy devs or just because it's an inflationary shitcoin. Some coins have very little legitimacy to exist and still people are falling for it because of hype.
Some coins are doing a good marketing to cover up a very bad product. It's important to know how some projects are doing a fraudulent marketing to deceive inexperienced people.

For projects build on top of coins, it's very similar. Only very few were delievering a good project and 99% are meaningless very quicky. For each Uniswap, we can be sure are 99 failed swap platforms.

A very safe bet it to alocate a high percentage of risk calculating by only HODLing BTC and some ETH but be very careful for smaller coins / tokens.
Smaller coins / tokens have a very high possibility to fail.

Hi fellow Bitcointalknaires, to all this who have been here before me and those who have been investing in crypto for the past years have there been any cases of projects with a good hardworking team that give their best shots and yet the project still fails? Tell me one project that face this same fate.