Topic: Too much projects, good projects cant reach crypto ethusiasts - page 4. (Read 563 times)

Sorry, I can't agree with you! It's 2020, everyone knows how to promote their project in the crypto industry, at least they should have some fund to promote their idea in the bounty section! In ANN section, you can see every day there is a new project comes, if the project looks good, people will notice, otherwise, no one will fall into sweet talk anymore. Please share a project that is good but people haven't noticed it!  

There are predictions that institutions will lead the way in this new phase after the IEO and ICO had failed us. They are good enough to dictate the pace and could be trusted to commit our fund. We might some free token thrown around like in the early days of bitcoin to attract increased trade volume and awareness by traders and investors. The phase could be healthier to handle the bear market and pump/dump mechanism of project, It may not be easy for fraudulent project teams has almost all processes might be dictated and overseen.

Trust me the market and forum was not like this before 2016 as r here were no shifty projects but now as you said it's filled with similar projects without any uniqueness. As a result I have seen good projects failing to perform or stand out because it's really hard to search the good projects as they are lost in the barrage of scam projects. But now since people have started losing hope in ICOs hence we can expect the market to be saturated once again.

the number of projects can actually make most of them do not have a good price. the number of new tokens that appear does not guarantee it will be launched to exchangers who have high liquidity such as binance or maybe yobit. some of them don't even launch tokens. this is because there are so many new tokens and getting lots of support will be difficult because of too many.

True, what you say is very visible at this time, investors are afraid to invest in a project, even though the project looks good, but they prefer to monitor and research as far as possible, and it also makes the project will not develop in a short time.

It's not so much that there are too many projects,,, a good project will get attention organically whether there are 100 or 10000 projects. Bitcoin got attention because it was the only one of a kind for sure, but I know that one day we will also find something big and new that we will all like.

I remember Gigabytes and even Nano (same concept). They got famous even with 100s of projects launched at the same time.

many ICO projects are only a dilemma for investors. what happens, ICO projects that really want to realize new innovations in the cryptocurrency world are hampered because investors are hesitant to buy their tokens / altcoins, and of course this is a big problem for developers to make it happen. the news about the ICO chaos became more widespread and heard by potential investors, and in the end it all failed. I hope there will be a way to resolve this uproar, this is all for the future of cryptocurrency in the eyes of the world.

The large number of project scams makes investors hesitate to invest in new projects and then many new projects are slowly failing because of the difficulty of getting funding from investors who have lost confidence in these new projects. Maybe there really must be something that can encourage investors and people to be able to return to trust in the new project or it can be said to revive the ICO there must be a new rule that can at least put pressure on the scammers.

but unfortunately the current conditions do not support, after many fraudulent projects and prolonged bearish trends, making investors more careful to invest. Therefore, even though there are many good projects, their achievements are not maximal as targeted

Good project should be able to withstand any issues, problems that may come their way. Eventually having the proper plan in excicuting their ideas and being knowledgeable in their product will always be able to get investors. Good project know what their market needs and that what they need to do even not thru ICO they will get investors.

Remember that crypto enthusiast will be digging even more when there was no good project that meets their requirements to be considered as a good project. So many people and investors are doing their due diligence to identify which is the scam project. If you are having a lot of experience in the past and so many major coins were not so popular when they were on the ico phase. But their crowdsale has been getting ended instantly without need a lot of time. A good project can reach crypto enthusiasts.
It's not so scary if you have a lot of knowledge about how to do that. So many newcomers have no knowledge about that and they keep to rush it.

Bro, projects don't need thousands of dollars or even millions to promote their project. All they have to do is to promote their project using a bounty campaign and pay the bounty hunters with valueless and useless token and viola, free advertising. There's already a lot of sections or threads that is talking about a certain project having a potential but it all ends up as opinions. You can talk about a certain project in the project altcoin section if you think that it will have a bright future.

To be honest, it all comes down to professionalism. Even if a project concept sucks as long as the team handles everything well, it will attract a lot of investors.

Well yeah, not all newly developed projects have enough funds to advertise their projects. Commonly, they will start with an announcement on the ANN thread of this forum and other forums.
If they do not have any funds to advertise, they can use bounty program that pays the participants with their token. What should they do is offering them an interesting and trusted project. They should also offer interesting rewards for the bounty and airdrop participants. As we know, most projects use bounty, airdrop, and referral to spread their projects and gain more investors without advertising in paid.

We cannot know whether the project is absolutely legit or not. But for discussion, we may find them on the telegram group. There are also several websites that make ranks and reviews of the new projects (ICO, IEO, and other crowdfunding systems. But, of course, never believe only on the review or ranks or discussion, better to make your own analysis.

However, aside from those ways, I also think that the decreasing investors are because of many projects coming every day and also worries from the investors to put their funds because they may think that the projects comes into scam or even failed project. Moreover, now, some projects may be successful in the crowdfunding period, but, they will soon dump after listed on the exchange.

I would centainly agree with the fact that there are too many projects.

However, I can't say that I agree with the statement that good projects can't access funding. Good projects with solid teams and good development plans will have no trouble finding institutional angel investors or finding an exchange to have their IEOs done, even in this quite bearish market.

There's just too many projects created for the sole purpose of money making clogging up this scene.

Those project that died easily are have no strong fundamental cryptoworld is full of suprises and battle to each other those project that have a strong fundamental, good developer and real product will survive even in bearish market.

This is very much influenced by the stigma of a society. Especially people who are victims of ICO, we know that so many ICO projects that turned out to be scams in 2018, we cannot count how many victims and the effects of trauma caused. if one project succeeds in deceiving 2000 people, then if it is 1000 projects it can produce two million victims, while those victims spread grief to the surrounding environment / social media, then automatically it can affect community stigma. although the ICO is a good project.

Also, the term "good project" can be subjective. But if there project is really good with many facets and features, then time will tell when it will reach many potential investors. Lastly, even though there is a little chance that this industry can be cleaned from scam projects, the industry will continue to thrive towards its betterment. 

I don't believe that funds is the major problem of all these ICO that make them not succeed but just that the developers them selves don't have good intentions for the project other than to go away with investors money.

altcoin projects or new token currently dont support welfare of the community and almost all try to dip sweet promises in marketing ,while not sweet promises other things arise from various roadmap conditions that are't according to schedule it also becomes a problem for us when investors remain enthusiastic in old alt ,well so development of fresh projects is no longer a hot topic in conversation

Scam projects are spreading very fast and its very hard to know which project is not a scam project, investing in new projects is very scary now, for better safety its better to go for old altcoins, somehow they are still better in terms of trust issue