Topic: Whats your thought about New projects? - page 3. (Read 55166 times)
This year is filled with better promising projects than last year, this a big change but yes we still have many scam new projects too, even more worsen with DeFi projects nowadays, it's not that hard to know if a project is low quality or high quality, it's always about the project team
In the last year i was a little away from projects and investment because a lot of these new projects were a replica of old ones or they were only after personal gains and the tokens did not see the light after been listed on exchanges that is why lot of investers lost fate in the new ones but i think this year is a little different there are some promising projects.
New projects are still worth the risk because I can still see some incredible blockchain experts introducing new projects to crypto space till date, for example avalanche team members and also DIA team members too, when professionals handle a crypto project it's not hard to realize it
If you visit some crypto forum you will see so many upcoming cryptocurrency projects coming into the industry but sometimes I begin to wonder what is their purpose of bringing in New crypto project knowing well that some of them have wrong motion of the project they are bringing, I have participated in so many of them last year but I have not hear from them again some are abandoned on the proccess with a lot of promises they come with just to gain your interest. What do you think?
indeed for now it is better if we invest in projects that already have a product and of course the project must also be progressing all the time, because it is safer than investing in new projects (such as gambling),although if the new project is definitely more profitable than the old project if the new project is successful, but in my opinion for now it is very difficult to find new projects that can be successful (maybe only a few are successful / 1:100).
There were lots of good projects back in 2016, 2017, but in 2020 It's hard to find any good projects. All I see the money-grabbing projects, Once they sell their coin in public sale, no work being done. Even they don't even bother to list their coin in big exchange. So be careful what you invest in 2020.
That is what is called hype, there are so many new projects that have surfaced with the whitepaper and ERC-20 tokens 3 years ago. But in fact they did not really make a big difference as the results of their projects did not meet expectations.
We find hundreds of new projects launched within one week. They are all completely new. But all of them did not produce results in a few years. Except for projects that already have companies and carry out fundraising for the purposes of growing strength or expansion. A real example of such a project is BNB from Binance
There were lots of good projects back in 2016, 2017, but in 2020 It's hard to find any good projects. All I see the money-grabbing projects, Once they sell their coin in public sale, no work being done. Even they don't even bother to list their coin in big exchange. So be careful what you invest in 2020.
i strongly believe that crypto will remote in next 10 years centralized finances, coz all the world is going to decentralization and crypto market is spreading and scalling.. personally I actively research and invest in defi projects))
yes i also think that defi is one of the best financial innovations in crypto world and often invest especially in promising dex projects i strongly believe that crypto will remote in next 10 years centralized finances, coz all the world is going to decentralization and crypto market is spreading and scalling.. personally I actively research and invest in defi projects))
yes i also think that defi is one of the best financial innovations in crypto world and often invest especially in promising dex projects 
Its difficult for new project in this period because there are a lot of good ones that secured their place as top ones in their field so there is a lot of pressure applied to developpers and they have to come with new inovative ideas.
The key is innovation. The OP found a lot of new projects popping up and now there is no news. this can be analyzed by looking at what type of project is being carried out, if it is an old project such as mining or ico, it is unlikely that it will last long. 
next year we will see many new projects launched ,market will got hyped again and crypto market capitalization increase alot. but when we met this condition,deep analisys was needed in order to avoid fake project that may will take our money.
i strongly believe that crypto will remote in next 10 years centralized finances, coz all the world is going to decentralization and crypto market is spreading and scalling.. personally I actively research and invest in defi projects))
maybe it will be most wanted job in future, many people will looking for job here.
i strongly believe that crypto will remote in next 10 years centralized finances, coz all the world is going to decentralization and crypto market is spreading and scalling.. personally I actively research and invest in defi projects))
If you visit some crypto forum you will see so many upcoming cryptocurrency projects coming into the industry but sometimes I begin to wonder what is their purpose of bringing in New crypto project knowing well that some of them have wrong motion of the project they are bringing, I have participated in so many of them last year but I have not hear from them again some are abandoned on the proccess with a lot of promises they come with just to gain your interest. What do you think?
Everything is done for the sake of money.
Some lie for the sake of money, others tell the truth.
We play by their rules.
You have a choise whether to do it or not.
I do
We do have our own will to do so but due to our greed for most time specially when we do see big allocation in fiat form then we do really tend to react and make ourselves eager on joining
it without minding on making out some verification or in depth researching which would really result into mess later on.We cant really tell which team would really be that serious on
running up their project until the end and which one would really be just good on telling lies and promises just for them to make money then it wouldnt really matter.
This is why if we do invest then we should really be serious on seek out the best possible one that we would choose on.Dont rush up and take your time.!
Even if you are analyzing, you can make a mistake.
If you look at the sites of many well-known projects, they are very poor in appearance, If you have no experience, it will be difficult for you to understand the truth is.
I think we need to support new projects independently; either it is a copy cat project; or an update on existing projects;
Supporting a project which is copy cat in my opinion is not so cool, I like projects with their own concept or upgrade to an existing project. Unless maybe you have a different meaning to "copycat".
I think we need to support new projects independently; either it is a copy cat project; or an update on existing projects;
Supporting a project which is copy cat in my opinion is not so cool, I like projects with their own concept or upgrade to an existing project. Unless maybe you have a different meaning to "copycat". For instance, after BTC, the reason why ETH was unique is because it came up with smart contracts and few unique features. I'm not saying every project should emanate with its own blockchain and all new features, but at least there should be something unique about a project.
At present many projects are proving to be fake. Many projects are taking money from investors by making a project through spending a little money. We should all know about the project well before investing in a new project.
One of the factors that may help us in finding legit and authentic project are in the means of the bounty manager. Look for some projects that are managed by known and trusted members here in the BCT community. They know what they are doing and sometimes the if the project fails due to some illegal issues, the bounty manager are also to be blame. So they either look for the red flags of a new projects before they grab the position of being the bounty manager.
Mostly latest ventures are getting force presently, they see a few result on defi ventures that victory so they need to take after that lead and trusting for the same result. At the side that a few scammers are making unused ventures as well mishandling this drift. I have visit a few location and wire channels all of them nearly talking almost defi indeed ancient ventures including defi to their names. The pitiful thing is all of them has the same highlight copying one another, It may have major bad side that will not alive in long term investment.
The trend of the Defi project is that it has a low amount of supply, but only a few defi projects still have a high amount. Actually, every new project that has a high supply will be easily dumped because it provides a large sales bonus and a large bounty allocation such as the Youengine bounty.
Low market cap is always tricky,,, and that is pure psychology I think that makes people buy them thinking they can go up because of lowcap. I know,,, because I fell for that a lot during my time growing up in ICO-land! Just be careful and expect what you buy to drop eventually!
perhaps one of the reasons was the large amount of token supply circulating in the market so that the token price was straightforward to dump.
The trend of the Defi project is that it has a low amount of supply, but only a few defi projects still have a high amount. Actually, every new project that has a high supply will be easily dumped because it provides a large sales bonus and a large bounty allocation such as the Youengine bounty.
i think nothing too fancy most will fail and some will last at least that is what the picture is like over the years and I think it will be like this for the next few years unless there is a system that can prevent a project from failing or scams from circulating then the success rate of an ico will drop and be low.
Its difficult for new project in this period because there are a lot of good ones that secured their place as top ones in their field so there is a lot of pressure applied to developpers and they have to come with new inovative ideas.
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