Topic: Too many projects is bad - page 2. (Read 706 times)
I would say that a lot of projects that seek only fast monetization issue tokens on the exchange that are not backed up by real activities. In this regard, now we need to trust STO as opposed to ICO.
I hate to say this but this is a fact that the project is very bad. I started to feel it from mid-2018 until the end of 2019. 1 project has yet to be valued and there are even some that have not been distributed (I think it's a scam), and many are still waiting for listings to market exchange. in my opinion this is unfair because the reason for the altcoin market is falling because participants and investors actually don't care about it, what they care about is that tokens can be seen on the exchange and then can be traded.
I think the current project team is scared because tokens will be of low value, or worse, they are only looking for personal gain.
I think the current project team is scared because tokens will be of low value, or worse, they are only looking for personal gain.
We hate it because of the fact that, there are too many projects to choose from but most of them are scams, and it is really sad to say that many people has been frustrated with this too, that even if they will be listed on a good exchange, that reputable exchange would not date to check and investigate if what they are listing is good or not too.
As far as this forum is concerned, Imo I would have suggested that the admin can also ensure that scam project are not allowed to advertise here but I think I have also seen some bounty threads being tagged as warning for participants (or maybe they should just remove such thread entirely).
On the other hand, is difficult to ascertain scam project at the beginning.
I advise that participants could choose to follow certain legit managers and managers that are producing scam projects will be alone to themselves and pack up with time
On the other hand, is difficult to ascertain scam project at the beginning.
I advise that participants could choose to follow certain legit managers and managers that are producing scam projects will be alone to themselves and pack up with time
It would be hard for the admins the filter it the projects are going to be scam or not as they don't have any idea what the team developers plans are either for managers that are handling/managing bounties. Project developers or should I prefer scammers would do anything by hook or by crook to get money from the community the project has created.
The current condition of crypto-world is very confusing, because there are too many problems especially with scammers. the fact is that currently there are many legitimate projects that are very difficult to achieve soft cap, investors prefer projects that already exist in the market. I hope lately to hold a joint program to fight scammers. and I have an idea if you find a scam project, get a reward / think of it as a donation that tries to struggle to find a scammer so that the accusations are very strong. because someone would not do, if not just for money. unless they really love him so do it sincerely (like the one on the accusation board today) and that is only a handful of accusations, out there are still many scam projects. but at least this forum is performing and very helpful, now there are many investors who are aware about the current state of crypto-world.
I hate to say this but this is a fact that the project is very bad. I started to feel it from mid-2018 until the end of 2019. 1 project has yet to be valued and there are even some that have not been distributed (I think it's a scam), and many are still waiting for listings to market exchange. in my opinion this is unfair because the reason for the altcoin market is falling because participants and investors actually don't care about it, what they care about is that tokens can be seen on the exchange and then can be traded.
I think the current project team is scared because tokens will be of low value, or worse, they are only looking for personal gain.
I think the current project team is scared because tokens will be of low value, or worse, they are only looking for personal gain.
~snip~
that's it, if you or someone who understands doesn't promote, then there are still many people out there who will either understand or don't understand the situation, they will still do it for money.
I agree investors are the key, but this will take longer.
Having only smart investors in the market seems be an impossible goal for us since even the traditional markets still have dumb people losing their money in wrong investment moves. I said that we need to have more smart investors in the market but I didn't say that this would completely eliminate all of the bad projects and scams running in the market it just simply minimize the victims these projects will have in the future. Other than that I only see regulation for ICOs to be one of the major factors to help limiting bad projects from entering the market.
You won't really change anything for this one either. Even if we choose not to promote bad projects in the market other people will do it for them in exchange for getting paid or a stake from their ICO that is why promotions for ICO projects are very effective since every member who has a social media account, can wear a signature, or a Youtube and Medium account can participate in their bounty campaigns just to promote their project. Honestly if the project isn't a scam but just a very bad project they can still find success on earning a lot of investors just because of their campaign, talking bad against a project without any solid reason to stay away from it will just make the project more interesting for others so really you can't change the course for this one as well. Maybe the most realistic approach here is for the investors itself to be smart on where they would invest and avoid these types of projects so they know that shitty projects have no place in the market.
that's it, if you or someone who understands doesn't promote, then there are still many people out there who will either understand or don't understand the situation, they will still do it for money.
I agree investors are the key, but this will take longer.
You won't really change anything for this one either. Even if we choose not to promote bad projects in the market other people will do it for them in exchange for getting paid or a stake from their ICO that is why promotions for ICO projects are very effective since every member who has a social media account, can wear a signature, or a Youtube and Medium account can participate in their bounty campaigns just to promote their project. Honestly if the project isn't a scam but just a very bad project they can still find success on earning a lot of investors just because of their campaign, talking bad against a project without any solid reason to stay away from it will just make the project more interesting for others so really you can't change the course for this one as well. Maybe the most realistic approach here is for the investors itself to be smart on where they would invest and avoid these types of projects so they know that shitty projects have no place in the market.
that's it, if you or someone who understands doesn't promote, then there are still many people out there who will either understand or don't understand the situation, they will still do it for money.
I agree investors are the key, but this will take longer.
We are in decentralized world so it doesn't make sense for this forum to start doing research on projects for us, crypto world equals freedom so it's all on us, we have to look out for ourselves
You may be right, but scam projects are a reason why those who want to deal with crypto may leave on condition that they never return. The Crypto world also needs the cop, otherwise, everyone will continue to do what they want. If it is possible to correct this by any means, why should we fatigue ourselves. 
Most bad projects occur because of new projects that have emerged so far, but all of them make all crypto users smarter when there are new projects.
and they will carry out detailed research in their own way before participating in new projects, and make them more mature in managing their money to invest in the right place.
Why make new project bis bad because depend with developer how to manage their coin, if have serious and experience owner although their are new coin become profitable at the future with working hard to list on many bigger exchange market, always have new way how to make their coin have higher price and always keep promise to be better with their coins.and they will carry out detailed research in their own way before participating in new projects, and make them more mature in managing their money to invest in the right place.
Most bad projects occur because of new projects that have emerged so far, but all of them make all crypto users smarter when there are new projects.
and they will carry out detailed research in their own way before participating in new projects, and make them more mature in managing their money to invest in the right place.
Why make new project bis bad because depend with developer how to manage their coin, if have serious and experience owner although their are new coin become profitable at the future with working hard to list on many bigger exchange market, always have new way how to make their coin have higher price and always keep promise to be better with their coins. and they will carry out detailed research in their own way before participating in new projects, and make them more mature in managing their money to invest in the right place.
Most bad projects occur because of new projects that have emerged so far, but all of them make all crypto users smarter when there are new projects.
and they will carry out detailed research in their own way before participating in new projects, and make them more mature in managing their money to invest in the right place.
and they will carry out detailed research in their own way before participating in new projects, and make them more mature in managing their money to invest in the right place.
Do the findings yourself, who knows what you can find? We do research for these reasons, to avoid getting scam or investing on bad projects, I rely most of what I can find and if you can find where crypto is still lacking once a new project with rare use cases comes around it won't be hard to make a decision
Too many bad projects. It bothers me. But even bad projects contribute to the development of this market. At least they show us how to do it. Of course, the situation is much worse for those who lose money. Research your team well to understand a good project. Try to find out what kind of power is behind it.
Don't touch scam project i hope it will be good ways if you can inquire about a project before investing. I can't show list sorry but i can tell you' i face many scam project of this year even it just my heart take borning.
If you take a unless project then never promoting and mind it their will give you more offer but don't believe.
If you take a unless project then never promoting and mind it their will give you more offer but don't believe.
ICO and IEO both have many professional scammers controlled by 1-2 people and there are even a group of scammers who are already professional. Our job is to report every project that is indicated as a scam.
You can also check the projects that you are taking part in the SCAM ACCUSATIONS Sub Forum section.
Yes we have to anticipate it from now before it's too late, ICO and IEO have many scamer incidents that occur even good projects can become scamers, so we can see clearly and research properly, don't be too hasty in joining if you are not sure, according to you.
Even projects now need a long process to work on successful projects that can be traded on the exchange, so the core must look at the SCAM ACCUSATIONS board to see the scamer project that was caught.
Yet many are good, especially IEO projects from binance, huobi, gate and kucoin, i am on the watch to spot new projects with new use cases, i bet they will rule the top lists on CMC in future, no time to waste
As far as this forum is concerned, Imo I would have suggested that the admin can also ensure that scam project are not allowed to advertise here but I think I have also seen some bounty threads being tagged as warning for participants (or maybe they should just remove such thread entirely).
It's better not to remove the scam warning as that will alert and remind investors of the scam projects, even outside this forum. Once the threads are gone people who didn't read about it before it was gone will remain in the dark and fall prey.
Sounds like cutting off new projects, it doesn't make sense at all, look how many new projects come into this space since the beginning of bear market, yes many of them are fake or scam projects but outstanding projects shows up too, i belief it's our choice if we want to find new good project, with research it's very possible
Hello Coyster
I totally agree on the part about needle in the haystack, but IMO is hard to track good projects due to the rise of ICO's and their wealthy marketing. Shit projects earned money through a an ICO and pushed marketing like mad.
I have been tracking self-funded projects for the last few months and I have actually come across quite a few nice projects. What to do to make it easier to find them? I have already proposed this somewhere but i would open a section where people could discuss projects that are self-funded and find it hard to invest millions in marketing and promotion.
I agree that it doesn't mean that if a project is self-funded than it is good, but at least it higher chance that it is. One of those projects is Newscrypto.io which i have been following for a month or so. Not going to promote them here, but they seem like a legit project with lots of advantages.
I totally agree on the part about needle in the haystack, but IMO is hard to track good projects due to the rise of ICO's and their wealthy marketing. Shit projects earned money through a an ICO and pushed marketing like mad.
I have been tracking self-funded projects for the last few months and I have actually come across quite a few nice projects. What to do to make it easier to find them? I have already proposed this somewhere but i would open a section where people could discuss projects that are self-funded and find it hard to invest millions in marketing and promotion.
I agree that it doesn't mean that if a project is self-funded than it is good, but at least it higher chance that it is. One of those projects is Newscrypto.io which i have been following for a month or so. Not going to promote them here, but they seem like a legit project with lots of advantages.
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