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Topic: What is happening to new projects? - page 20. (Read 5856 times)

hero member
Activity: 1512
Merit: 874
September 12, 2019, 11:33:12 PM
#30
What the *eck is going on? we have many good projects coming into crypto space but they mostly end up failing, too many good new projects are dying as if they are been created to just die, what do you think its killing new good projects apart from scam projects?
They themselves made the project a failure. What I need to say is that not all projects that are present here are good. Of course all of that was good when it was launched, but ended in failure.
legendary
Activity: 2814
Merit: 1112
Leading Crypto Sports Betting & Casino Platform
September 12, 2019, 11:30:53 PM
#29
Every time I'm read the whitepaper of a new project, there will be lots of good comments, but is it really a good new project? the answer is when they can actually implement their every project plan on time, and this is often not found in new projects.
There are no fixed indicators that can measure that the project is good, all based only on assumptions or opinions and 2017-2018 educated me that many project just want the money not for develop crypto world.
full member
Activity: 644
Merit: 100
September 12, 2019, 11:23:04 PM
#28
A good project is a reliable project that does not suffer death. Although the price declines if a good project the team and the developer are still actively working, and strive to continue to develop the project.

We have to be more vigilant and not easily tempted by good results. Many projects fail because they offer great gains. Investors are tired of the offers and unclear projects that do not have real products.
hero member
Activity: 2114
Merit: 740
Leading Crypto Sports Betting & Casino Platform
September 12, 2019, 11:11:51 PM
#27
What the *eck is going on? we have many good projects coming into crypto space but they mostly end up failing, too many good new projects are dying as if they are been created to just die, what do you think its killing new good projects apart from scam projects?
How can you determine the quality of the project so that you dare say that many good projects go into the crypto space?  Huh
In what ways do you rate the project as good? Huh
And how do you see the characteristics of a project so that it can be said to be good? Huh
A good project will continue to survive, and very quickly get support from the public.
member
Activity: 672
Merit: 14
September 12, 2019, 09:18:05 PM
#26
There are numerous unsuccessful projects today because these new projects have nothing new to add up to the crypto space. Most of these new projects are repetition of ideas and products of already existing projects. Some of the new projects are also failing because they are run or developed by inexperienced team. This is why investors must be cautious and do their own research before choosing to invest in a project.
hero member
Activity: 1778
Merit: 504
WorkAsPro
September 12, 2019, 08:09:38 PM
#25
Many new projects failed in the end mostly because of the lack of interest from investors. It seems investors are not really confident to invest in new projects as many scams and low-quality projects. Moreover, commonly new coins/tokens are not profitable anymore because of severe pumps after they are listed on exchanges.

Now investors are very careful in this market because during the last time they have had a huge loss in investment and it is necessary to carefully consider before buying. I think new projects are often unclear and this is the main reason why they easily get bored into new projects. In my opinion, the best solution is to only choose a coin available in this market because if the project is still developing well, the investor will automatically find the project.
legendary
Activity: 2450
Merit: 1140
duelbits.com
September 12, 2019, 06:57:56 PM
#24
Many new projects failed in the end mostly because of the lack of interest from investors. It seems investors are not really confident to invest in new projects as many scams and low-quality projects. Moreover, commonly new coins/tokens are not profitable anymore because of severe pumps after they are listed on exchanges.
sr. member
Activity: 812
Merit: 253
●Social Crypto Trading●
September 12, 2019, 06:34:25 PM
#23
They mostly fail because they were not that serious to begin with. If you don't do well it is no reason to give up. Projects try once and stop if they fail. It is pretty pathetic and maining a scam.
A true project lead and run by proper devs will do well even if it takes time. People that give up on their project are losers and quitters. You can't invest money with a loser or quiter and expect to make profit.
People continue to waste their money and blame the projects. They happily handed over the money now they upset?? No please man people must wake up and stop whining.
legendary
Activity: 2744
Merit: 1878
Rollbit.com | #1 Solana Casino
September 12, 2019, 06:31:36 PM
#22
many causes that make the project die. Although many new crypto projects emerge every day, some projects will survive if they have clear goals and the latest innovations that are very useful. Projects that cannot survive and die are then called SCAM projects, because they do not do the maximum marketing to market their projects. Now ICO is no longer interesting and has been replaced by IEO which is more leverage in token sales. But the main factor why most crypto projects die is the dominance of bitcoin which is getting stronger to 71%.
full member
Activity: 588
Merit: 101
September 12, 2019, 06:25:47 PM
#21
The domination of bitcoin is also killing those projects, remember about when the dominance keeps increase even more and there will be more people try to take bitcoin as the safe place to keep their money and that must become an important reason why even if there was a good project already plunged to the bottom.
When the domination of bitcoin is increasing a lot and this will be eating everything. Any update or good news doesn't matter a lot.
There is the truth. In the meantime, BTC is quite safe, though not completely. That's better than risking assets in new tokens whose quality has not been guaranteed. Investors are still hesitant to try to invest in other cryptocurrencies, the market is saturated, so prices are difficult to develop. Even a good project, if the marketing strategy is not good, it will be difficult to get investor confidence. So the existence of IEO gives a little new hope, especially those held in global markets such as Binance.
hero member
Activity: 2702
Merit: 510
Leading Crypto Sports Betting & Casino Platform
September 12, 2019, 05:41:31 PM
#20
What the *eck is going on? we have many good projects coming into crypto space but they mostly end up failing, too many good new projects are dying as if they are been created to just die, what do you think its killing new good projects apart from scam projects?
The domination of bitcoin is also killing those projects, remember about when the dominance keeps increase even more and there will be more people try to take bitcoin as the safe place to keep their money and that must become an important reason why even if there was a good project already plunged to the bottom.
When the domination of bitcoin is increasing a lot and this will be eating everything. Any update or good news doesn't matter a lot.
full member
Activity: 630
Merit: 100
September 12, 2019, 05:36:24 PM
#19
That's what happened lately. Many who want to take advantage of this cryptocurrency hysteria to benefit. There are those who make projects earnestly, promisingly and for the long term. There are those who make the projects potluck, just to get a one-sided benefit. There are also those who do not get market attention as planned so that the project does not develop, etc. That is why we have to do the maximum analysis. Study the project and its progress carefully so it doesn't end in vain.
sr. member
Activity: 630
Merit: 250
September 12, 2019, 05:21:19 PM
#18
What the *eck is going on? we have many good projects coming into crypto space but they mostly end up failing, too many good new projects are dying as if they are been created to just die, what do you think its killing new good projects apart from scam projects?

I agree! I reckon these projects have failed mostly to poor management and don't have any sound financial planning yet I must commend on
those projects that chose to continue development despite of its low financial resource.
copper member
Activity: 966
Merit: 5
September 12, 2019, 05:20:12 PM
#17
The main challenge is, what really made them good project? I think a good project doesn't go down quickly without putting up a good fight which of course will end in victory. Have we tried considering why most projects keeps maintaining a certian range of position on Coinmarketcap? It is because, they are not just good projects but also projects backed by a good team who knows they have something to contribute both to the crypto space and the world; these are good projects and not some projects built on hype which starts dying once the hype fades.
hero member
Activity: 812
Merit: 503
September 12, 2019, 05:04:11 PM
#16
Most new projects die because the team lacks strategy and experience in carrying on with the project vision. For instance, a project about finance needs someone who has been in the finance sector for sometime and hence has acquired good experience and expertise. Some team members just pay good developers to come up with great MVP but will never achieve the product, not to talk of using it in the actual sense. Some do not follow roadmap which is essential. Starting a project is one thing, managing it is another thing.  
member
Activity: 504
Merit: 25
September 12, 2019, 05:01:31 PM
#15
What the *eck is going on? we have many good projects coming into crypto space but they mostly end up failing, too many good new projects are dying as if they are been created to just die, what do you think its killing new good projects apart from scam projects?
Many new projects that have good innovative idea ends up a disaster in many different ways, some are problems within the teams and some are lack of funds or lack of investors interest in the project, mind you these are just my own point of view on projects with real use case that failed in the end
hero member
Activity: 2968
Merit: 687
September 12, 2019, 04:56:14 PM
#14
What the *eck is going on? we have many good projects coming into crypto space but they mostly end up failing, too many good new projects are dying as if they are been created to just die, what do you think its killing new good projects apart from scam projects?
Theres only one main sole reason why these projects failed up- due to lost of confidence on most investors.Even how good the project is
we know on how rampant on the scams and frauds we had seen or do happen on ICO side that's why I'm not surprised that we do already
come to a point where people already rejected or doesn't focus out already on ico investment due for this reason.Yes, there are lots of
good projects but we cant do anything about it for it to fail and we cant blame people if they don't like to throw up some cash or support with it.
sr. member
Activity: 1330
Merit: 289
September 12, 2019, 04:52:46 PM
#13
Team greed is a factor that kills new good projects, most times they squander the funds raised for the purpose of project development. Another factor is lack of professionalism and devotion.  Some team members even after developing good products cannot manage the project to achieve greater heights, thereby making the project less interesting to investors. Lastly, the market situation is not so favorable for altcoins right now, as can be seen from 70% bitcoin dominance.
member
Activity: 756
Merit: 14
September 12, 2019, 04:44:04 PM
#12
The truth is many inexperience devs want to build project and make money from it since its so easy to use ETH erc20 smart contract which seems like a abusive platform to me, anyone with little techy idea can just decide to make use of eth blockchain to fool people, 99% of new project are erc20 tokens ao what do you expect?
sr. member
Activity: 938
Merit: 255
SmartFi - EARN, LEND & TRADE
September 12, 2019, 04:35:57 PM
#11
What the *eck is going on? we have many good projects coming into crypto space but they mostly end up failing, too many good new projects are dying as if they are been created to just die, what do you think its killing new good projects apart from scam projects?
If they are dying quickly then they aren't good projects. A good project must be able to withstand all storms which is made possible owing to its use case and nothing more, not even hype. Take most projects on CMC as example, especially those within top 100, many have passed through various stages to get there and with constant improvement they keeps going up and once they stopped developing they start going down; that's the nature of this space. So if a project is good, it will not die off but the team will continue improving their ideas so as to remain relevant.

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