Just as a reputable exchange like Binance, Okex and others would not want to allow project without a product to be approved of IEO on their exchange, so also should individuals should be careful of the type of project to invest in.
The policy of investors these days should be that, if you do not have a full product that can be used, I will not invest in your project.
If such a principle is adopted, no serious-minded project developer would want to launch a half-backed product or no product at all.
Topic: Unfinished Projects - page 3. (Read 623 times)
do you mean "stop this bad habit of introducing projects that aren't finished yet" they come here with half the plan because they really want to get funds, if they already have a lot of funds then they won't come here to ask for bounty hunter help
He is trying to say that the developers are "all talk and no work", which is some what true. Like OP said, they come here and works on the basic of the project, they half develop the project (mainly places the foundation only) and then creates a road map where the "all talk" part is. They never tend to work on those. And you are wrong here. Even if they did have a lot of own "funds" they wouldn't use it. I mean like why would they? They can grab it from the investors, right? And even if they used their own funds, where is the profit for them? Who would be buying those tokens?
do you mean "stop this bad habit of introducing projects that aren't finished yet" they come here with half the plan because they really want to get funds, if they already have a lot of funds then they won't come here to ask for bounty hunter help
Since 2018 I have seen many new projects that come into crypto space with half plan and got the rest on roadmap, developers should stop this bad habit of introducing projects that aren't finished yet because many of them only get abandoned in the end, some have bad intent of grabbing money from ICO or fundraising and run away
To all investors out there think twice before you invest your money on projects that have promising future but haven't reached half way of production already, they are mostly red flags
To all investors out there think twice before you invest your money on projects that have promising future but haven't reached half way of production already, they are mostly red flags
To you perhaps, you believe its an half plan.
To me i see it as a well executed plan.
The developers never actually wanted to develop any product, the aim is to conclude Crowdfunding, make money, list on exchanges, dump and flee.
It happened alot in 2018, but we are wiser now.
All investors are, and even Bounty hunters now do researches. Such projects don't exist anymore
The popularity of the blockchain and cryptocurrency is used by some people to benefit. We know that in 2017, ICO was very popular, so many people tried their luck there. Unfortunately, the trend is changing, the market is not conducive, investor interest is declining, projects that are not well planned will fail, so that there are stops in the middle of the road without any continuity. That is a cryptocurrency, full of unexpected things. The trend is always changing, we must be able to adapt, choose safe ways to minimize risk, ICO is not effective, many scammers, except for projects that are really popular with support from trusted parties.
yes, you are right. The red flag must be raised as soon as things look suspicious.
Here projects having MVP can at least give some trust among investors assuring complete development, even not as per roadmap but certainly within the near future.
At the moment, startups are seeing a lot in crypto industry and kind of testing their luck if getting funds raised enough for the development. But at the end investor is the one who suffers from it.
Here projects having MVP can at least give some trust among investors assuring complete development, even not as per roadmap but certainly within the near future.
At the moment, startups are seeing a lot in crypto industry and kind of testing their luck if getting funds raised enough for the development. But at the end investor is the one who suffers from it.
It is really discouraging to see so many projects from last 2 to 3 years that have either made little progress, lazy approach, failure to launch product or platform, abandoned or totally failed and closed. Unfortunately most of these projects were highly anticipated and people invested good money which they have lost almost entirely because there is not much hope of revival even after so many years. All projects should be transparent and update investors atleast weekly with all the updates and progress.
You are really missing the situation, scammers and others who just have a single objective to make money in a new market jumped into the ICO market and started collecting money in the name of silly projects and these developers or con artists knew very well it is nothing but a money making scheme as there is no regulation or law that will force them to return the money if the project is a failure. If you want to see transparent projects then you need to have a regulation and a standard which clearly mentions how a project can raise money and so on and what happens if they do not fulfill those. That is why no people is really interested to invest on the ICOs in 2020.They only come with an idea which is just copied from other existing project with slight changes even they copy their whitepaper and start their fund raising programs so all they were interested is to make money not to deliver their project/product.
Projects these days are so lame that investor could not take to look at it anymore. Most of the projects are highly copied, most are from projects that is already in the mainstream so the potential investors thinking is that it is not that worth to risk at all. I'm glad I was able to experience the projects I've join long ago that was paying a very high for bounty campaigns and seeing it now flying with the others.ROI with projects and fund raising right now is very low, investors may discourage to invest with other projects in crypto.
Funds will be needed upfront to finish most new projects or at least get them to an higher step, it's not always team fault, though teams must make sure the project is capable, for example, good use case
Every project is under development till the end of times. The world keeps moving from one point to another and at each stage every project has to stay relevant to compete which is by development. If any developer introduces a finished project today, tomorrow innovation will put such project back to development.
That is why no people is really interested to invest on the ICOs in 2020.They only come with an idea which is just copied from other existing project with slight changes even they copy their whitepaper and start their fund raising programs so all they were interested is to make money not to deliver their project/product.
Projects these days are so lame that investor could not take to look at it anymore. Most of the projects are highly copied, most are from projects that is already in the mainstream so the potential investors thinking is that it is not that worth to risk at all. I'm glad I was able to experience the projects I've join long ago that was paying a very high for bounty campaigns and seeing it now flying with the others.ROI with projects and fund raising right now is very low, investors may discourage to invest with other projects in crypto.
That is why no people is really interested to invest on the ICOs in 2020.They only come with an idea which is just copied from other existing project with slight changes even they copy their whitepaper and start their fund raising programs so all they were interested is to make money not to deliver their project/product.
It is really discouraging to see so many projects from last 2 to 3 years that have either made little progress, lazy approach, failure to launch product or platform, abandoned or totally failed and closed. Unfortunately most of these projects were highly anticipated and people invested good money which they have lost almost entirely because there is not much hope of revival even after so many years. All projects should be transparent and update investors atleast weekly with all the updates and progress.
Revival of the project could be hard to achieve because they have broken the trust and the people in cryptocurrency will always remember these projects which their reputation is already ruined. It could be because they did the ICO in the wrong time when the market is crashing.
There are also projects that are pretty much surprising that they were listed on exchanges already but are doing IEO still. Its worse because the project started dying after the IEO which they claimed to be successful.
It is really discouraging to see so many projects from last 2 to 3 years that have either made little progress, lazy approach, failure to launch product or platform, abandoned or totally failed and closed. Unfortunately most of these projects were highly anticipated and people invested good money which they have lost almost entirely because there is not much hope of revival even after so many years. All projects should be transparent and update investors atleast weekly with all the updates and progress.
The question is if they left the blockchain industry due to bad market situation or they left because they weren´t skilled enough to provide a real solution, or they just took money from investors and left the game.
Maybe the third scenario is the most possible. When you have money, you don´t need more right?
Maybe the third scenario is the most possible. When you have money, you don´t need more right?
Please invest in crypto if you have analyzed the project carefully. I see investors learn from previous experiences that have suffered losses in investing, so they are more careful in choosing a project, experience is indeed the best teacher for anyone and I think investors do not want to go into the same hole.
Since 2018 I have seen many new projects that come into crypto space with half plan and got the rest on roadmap, developers should stop this bad habit of introducing projects that aren't finished yet because many of them only get abandoned in the end, some have bad intent of grabbing money from ICO or fundraising and run away
To all investors out there think twice before you invest your money on projects that have promising future but haven't reached half way of production already, they are mostly red flags
Most of them doesnt even reach out that half state where they dont even deliver on what they do promised when they are still on token sale.Most of projects are trash and you can easily spot out which one is garbage if we do base up into their goals and yet there are really ones which are unrealistic to consider or unbelievable and some which do have some common concept that had already been existing on older projects.To all investors out there think twice before you invest your money on projects that have promising future but haven't reached half way of production already, they are mostly red flags
This is the hardest part of crypto invest where you cant be sure on which one will really tend to deliver out promised output yet most of them are just good on promises.
To all investors out there think twice before you invest your money on projects that have promising future but haven't reached half way of production already, they are mostly red flags
All investors are already out of this field,Because of those unfinished projects that end up wasting their money and time, investors are now avoiding any coin offering since 2018. Well, we cannot blame them since they already lost their trust investing on it. They are now into other crypto activities that they can benefit instead of investing in any ICO or IEO that end up being a scam.
Since 2018 I have seen many new projects that come into crypto space with half plan and got the rest on roadmap, developers should stop this bad habit of introducing projects that aren't finished yet because many of them only get abandoned in the end, some have bad intent of grabbing money from ICO or fundraising and run away
To all investors out there think twice before you invest your money on projects that have promising future but haven't reached half way of production already, they are mostly red flags
If they show you that they are already finished, not showing their roadmap.will you invest your money in that project?I saw many projects that they are completely ready but they scammed people money after finished their ICO back in 2017 and 2018.So In this way you can't mark a project that it is scam or not.Even every project have their own system and update.Roadmap like a milestone, after finished that milestone they will create another one to be updated and development.Like if one project finished their roadmap within 3 months what will they do after finished their roadmap? definitely they will work for their progress.To all investors out there think twice before you invest your money on projects that have promising future but haven't reached half way of production already, they are mostly red flags
I might be wrong,I just shared my thought.thanks
Hello. Talking about me, my own favorite is GET protocol for bringing entirely new standards onto ticketing industry. In few words, GET Protocol offers a blockchain-based smart ticketing solution that can be used by anybody who wants to sell tickets in an honest and transparent way. And just imagine how large market is and how solution can help here. Also, for example, GET team announced that they are moving into the Korean market. On top of that, GET Protocol will be the first BApp in the ticketing vertical to partner with Klaytn, the blockchain subsidiary of Kakao (look that name up if you don't know it..). And around 300k tickets are sold already via GET. This is the amazing example of real solution that brings real benefits. And I also recommend you to have a closer look at their website to have a better understanding
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