Topic: Too good to be real projects - page 8. (Read 1118 times)
In the last two years or so, there have been a number of projects established on A.I. People need to understand and appreciate that there are some projects that promise realistic and simple ideas but still end up failing in the long run. The situation is very dicey when it comes to blockchain based projects.
It is good to warn them but in the end it will always be their choice.
I see millions of tokens being distributed just for the bounties and I think those are the ones which are too good to be true.
I have joined lots of bounties and none of those big numbers are really successful.
There is just 1 which I have millions of token but it is worth it.
But the others? When I receive even just hundred of thousands then I know it will just be dust.
I see millions of tokens being distributed just for the bounties and I think those are the ones which are too good to be true.
I have joined lots of bounties and none of those big numbers are really successful.
There is just 1 which I have millions of token but it is worth it.
But the others? When I receive even just hundred of thousands then I know it will just be dust.
To sell out ICO this days you have to give something very attractive to the audience right? This is another perfect weak point for investors, just because the project offers something very attractive doesn't mean it will work, you need to consider the use case first
Agree but sometimes you wouldn't know unless you try. On the contrary to this, the problem here is that the assurance to being a failure is totally a high, that we shouldn't disregard. So no matter how attractive, persuasive it will be, we should always embrace the fact that stuff aren't always working the way we thought it would, not even the least especially when it is totally far from reality. Thus the irony with such project is too strong. The key to avoid such failure is not to check what's behind only, but to study thoroughly the use case it has, if it is realistic, feasible, achievable with today's environment, and lastly the essentials that shouldn't let go unchecked.
To sell out ICO this days you have to give something very attractive to the audience right? This is another perfect weak point for investors, just because the project offers something very attractive doesn't mean it will work, you need to consider the use case first
there are many clean ways of scamming investors in crypto space, once they deliver a good futuristic project you get hooked easily, that's the case with A.I projects on blockchain, some are even promising a A.I City like cyborg shit doing the dining in clubs, tell me how all this is possible? so laughable 
I find it very hard to believe any A.I project in crypto space, many of them don't have real A.I tools or products yet they raised lots of money, in the end they exist scam, I don't or won't trust any A.I project sorry
Yes, most AI projects only show a good appearance, even though if we examine it, there really isn't any at all, projects like this that should be watched out for, because they could end up with a scam after the project promotion period is over.
OP is correct about A.I projects, I promoted many A.I bounties in 2018 and 2019 but none became successful, it's more like a scam scheme, they raised fund successful but that's it, the telegram channels became dead
I find it very hard to believe any A.I project in crypto space, many of them don't have real A.I tools or products yet they raised lots of money, in the end they exist scam, I don't or won't trust any A.I project sorry
Becareful of fake promises from new projects, some use cases can never be possible on blockchain and many don't know this, will never work on blockchain, at least not this time
Or more likely not needed at all. Some projects have been introduced but if you noticed their concept they are likely nothing related on blockchain but still they are insisting on putting up a project even its not necessary. These are the problem with some alts they are trying to incorporate ideas into blockchain even though it isnt matched. Dont invest on these types. 
Becareful of fake promises from new projects, some use cases can never be possible on blockchain and many don't know this, will never work on blockchain, at least not this time
Or more likely not needed at all. Some projects have been introduced but if you noticed their concept they are likely nothing related on blockchain but still they are insisting on putting up a project even its not necessary. These are the problem with some alts they are trying to incorporate ideas into blockchain even though it isnt matched. Dont invest on these types.
Just imagine a bunch of new projects comes out everyday and all of the projects saying good things such that it is too good to be true, however it is just a vision on their plan, the real thing is it would just be a promise in the long run. By the current market situation now, we should analyse first the project and read their whitepapers if they have the capability of being successful in the future.
Becareful of fake promises from new projects, some use cases can never be possible on blockchain and many don't know this, I've neglected some projects because of this, why are investors fooling themselves? The warning that says ' stay away from offers that are too good to be true' is not entirely talking about profits only, sometimes it's more than that, how can we be promised that a city will use A.I technology when no single A.I project is successful in crypto space? Be wise fellas, some things will never work on blockchain, at least not this time
In my opinion, new project investors basically speculate and hope that after the initial listing the price will go up. But in the midst of current market conditions and also amid the IEO trend, ICO is difficult to reach the target and investors are also traumatized by the many scams. New investors do need to do in-depth research about the developer team or the project so they don't get caught up in the scam project
People like bright ideas and fantastic future technologies. All these projects give people some dreams and hopes for their future. Boring projects won't get many investors 
Becareful of fake promises from new projects.. snip
Never believe in sweet promises, exactly, especially in the world of cryptocurrency. The more they offer projects that seem very legit, tantalizing, and provide promising benefits, the more alarming. So you have to be really careful about analyzing it. Because the reality is not as easy as the legit promise. It could be that you are being scammed....how can we be promised that a city will use A.I technology when no single A.I project is successful in crypto space? Be wise fellas, some things will never work on blockchain, at least not this time
AI technology may be promising. However, we must also analyze whether they are realistic or not, whether the team is trusted and professional in that sector or not. So far, I found less successful projects concerning AI. Well, be careful is a must.
One of the biggest strategies used by a crypto developer to attract investors is by giving a promise of getting a big profit. but here the biggest mistake is the ambitious nature that often makes us forget that there will be no program that can make us rich in an instant. remember to keep using our logic by looking at current market conditions, because the market is still greatly affected by the conditions and state of bitcoin. if bitcoin just keeps getting worse then what about new coins.
Becareful of fake promises from new projects, some use cases can never be possible on blockchain and many don't know this, I've neglected some projects because of this, why are investors fooling themselves? The warning that says ' stay away from offers that are too good to be true' is not entirely talking about profits only, sometimes it's more than that, how can we be promised that a city will use A.I technology when no single A.I project is successful in crypto space? Be wise fellas, some things will never work on blockchain, at least not this time
Yeah, most of the projects are "all talk" and nothing else. Its not about the project being "impossible" to implement. It is more about how the developers abandon the project without even trying to develop. If a project fails even though the developers tried their best and worked hard day and night, I would never call that project a scam project. At least the developers tried. Project where the developers run away with the investors money are the scam projects.Though I still suggest others to avoid all those new hyped project, because most of them are likely scam and investing on those projects mean you will be encouraging more of those scams.
Becareful of fake promises from new projects, some use cases can never be possible on blockchain and many don't know this, I've neglected some projects because of this, why are investors fooling themselves? The warning that says ' stay away from offers that are too good to be true' is not entirely talking about profits only, sometimes it's more than that, how can we be promised that a city will use A.I technology when no single A.I project is successful in crypto space? Be wise fellas, some things will never work on blockchain, at least not this time
Nobody will believe them because they are talking nonsense and out of reality. Investors are aware already of this kind of play but somehow they find another trick just to continue their bad intention and unfortunately, they still succeed. That is why, if we are planning to invest crypto, it is better to risk existing projects because our chances are high but not 100% of course. If we could notice the crypto market today, we are already surrounded by fake projects and that we should have to be careful coz all of them have a high and very attractive offer which can fool us.
Literally there are dozens of projects i have seen that have not fullfilled their promises some have just failed and closed the projects while there are many who have just been struggling to even come up with any solid development regarding their plans and promises made during the ico stage.
The first AI project I encountered was Keplertek. The project got a lot of audiences, but u was so surprised that it could not equate to the amount of fund raised. Although, the team came out to say that, they were able to raise softcap. After a long time and after investors had complained, saying it could be a scam, they eventually listed on a shit exchange. It dumped and today, I do not think it has any reasonal=ble volume. It has been deserted I cannot get more info from the team.
This experience made me not to believe in such a project again.
This experience made me not to believe in such a project again.
Becareful of fake promises from new projects, some use cases can never be possible on blockchain and many don't know this, I've neglected some projects because of this, why are investors fooling themselves? The warning that says ' stay away from offers that are too good to be true' is not entirely talking about profits only, sometimes it's more than that, how can we be promised that a city will use A.I technology when no single A.I project is successful in crypto space? Be wise fellas, some things will never work on blockchain, at least not this time
It's not about the project really it's the people behind the project, if the people behind it are great developers with good background in their fields they can do what they are promised to do, because they are capable to do it, so even if the projects are to good to be true it can be accepted if the people working on it are capable and honest.
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