What is happening to new projects? - page 21.

Kemarit

legendary

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Quote from: joseyphil82 on September 12, 2019, 04:04:21 PM

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?

It's because altcoin market are still in the bear market. So with that said, no investors are really interested right now and would rather put their money to Bitcoin. And there's the problem of scammy projects everywhere and that stigma can't simply just remove. And it affected even the very best project out there. Business model shifts as well, from ICO to IEO which is more safe and profitable because it is being run by trusted exchange. So it's getting very difficult to any project today to even reach soft cap and the project just die down.

gensol

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Everyday new projects spring up why most fail is because team members have no understanding or experience in cryptocurrency, some projects don't have quality team mbers and marketers.

royalfestus

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Its a lot of process before any project start and they need to succeed unto they raise the fund. Most of the projects had failed to even achieve the fundraise let alone getting to exchange. I think all project getting on exchange should start thinking of a tokenomics that may not involve bitcoin at all until the bullrun. Bitcoin and its holders had turn to a terrible force that dumps and exchanges dont seem to help in pump any more

tabas

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If you have estimated them as 'good projects' you might want to check them again. A good project won't just die quickly because it will get a decent support from the community but yeah it won't be like that most of the time.
Even the baddest project as long as it is good at PR will still get support.

audaciousbeing

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Quote from: joseyphil82 on September 12, 2019, 04:04:21 PM

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?

What is largely killing the good business is funding because they most times don't get to anywhere near that soft capitalization talk less of hard cap which usually happen in the past and when that happen all milestone established in the framework and project completion timetable becomes a futile exercise or say an exercise that is a waste of energy. The reason is not far fetched though, its that the market has gotten to a point where every project sends a signal of scam and several amount of money is needed for campaign if that notion would be converted to a one receptive to projects otherwise, it would not make any difference other than to fail.

Upgrade00

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I think it's the quantity if scam and poorly organized projects which have been created over time. It was very popular during the bull run if 2017 and lots of projects we're carried on hype and FOMO, this attracted lots of scams into the upstart niche and it eventually became saturated.

Now, most investors do not consider it worthwhile to take out their time to dig up the good projects from the multitude of failing ones.

Mila52

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Quote from: joseyphil82 on September 12, 2019, 04:04:21 PM

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?

By what criteria do you determine the quality of a project for a community? What does means a good project ? The one that will give people the benefit and the working end product, or the one that will attract and collect large investments? You first must understand for yourself what is the concept of term "good"

leowonderful

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It certainly doesn't help that a lot of major alt ratios against BTC have been falling for a while, and the USD value of many major altcoins out there have also been falling for a while now (especially ETH, which hit the $300s in June and has been steadily falling to around $180 where it is today), which might be discouraging people from investing into newer projects. There's also a lot of lower-quality projects out there nowadays which also doesn't help.

dobolspeed3

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In crypto we can't just have one view, which in your opinion is good, not necessarily others agree with you.

It's the same as a good new project in your opinion, and according to others the project is not good. So we cannot force the same thing as you,

Of the many projects, there must be a good project there. But if investors are not interested in the project, they will die too.

Investors need clarity regarding the goodness of the project, because they often experience losses when investing.

So now, if the project does not provide benefits and profits in the future investors will certainly not interested and after all the project that you call good will die too.

joseyphil82

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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?

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