Topic: Why do most of you guys only care about partnerships & roadmaps? (Read 249 times)

I've been lurking on so many websites for so many years and I find it quite disturbing to see how most of the today's crypto users/investors mostly only care about "new partnerships" and "roadmaps". I feel like most of you are blindly investing in coins that either have a very long and misleadingly bulky roadmap or coins of which devs are betting you their lives that they're gonna bring their coin/token to Binance. Is this all crypto is for you? Binance listing and "roadmaps"?

First of all, besides bringing pump and dump volume, Binance/Coinbase/etc listings and similar kind of "partnerships" bring no advantage. They're literally there just to make it look like the newly listed token has some good potential. Truth is, Binance has been (at least allegedly) known for asking quite a lot of money for listings. Even if Binance doesn't, there are plenty of exchanges who do. And then, just take a look at Binance's listed coins. >50% of them are coins I never even heard about, pure shitcoins. Is it that necessary for a coin to be listed on known exchanges as a partnership or should this be coming from the exchanges themselves instead?

Second of all, these "roadmaps" are usually the exact same for all coins/tokens. New website, new wallet design, exchange, paper wallets, possibly HW support, marketing team and so on. But at the end of the day, if you look at the roadmap you need only a braincell or two to realise that all these hyped-up updates are literally worthless when it comes to the coin's development.

DigiByte brought some new tech to the crypto space for security. PoS was great for crypto development and studying. Kadena now came with a new, interesting concept of having multiple chains to avoid congestion. Monero came with the strong privacy support, PirateChain has a quite interesting idea of increasing privacy with every tx. There are a few coins here and there that come up with interesting new tech, but most of them are identical and have no real future, no real use case, no real development.

If we want this space to truly evolve, we need to come up with new stuff and test it out. Alts are most of the time testing grounds for large coins, the same way PoS was a testing ground for Ethereum and the same way some coins adopted SegWit long before Bitcoin did.

Yes, this is a rant. Take it as it is, I'm just tired of hearing "development", " partnerships" and "roadmaps" everywhere when I already know for sure they're all crap and bullshit. It's just pathetic, we should start to look for real for things that actually bring value to the crypto space.

Everyone has different criteria for assessing projects.

So what do you think about projects that lack support, partnerships and roadmaps?

because it is the easiest way to assess a project. with many new partnerships and roadmaps on schedule, increasing investor confidence. maybe development is important, but I don't really care about this. I only focus on making profit. and the quickest way is to observe the project's business strategy. how many partnerships they can get, or are they running the roadmap properly. these two things are enough reasons to invest.

A good partnership really helps us to identify that this project has potential, Otherwise they certainly won't partner with it.

true, it gives alot of confidence and with partnerships we know the project will actually work somehow.

Take a look at theta, early partnerships in 2018, price was very low, and today it's one of the most promising project..

listing is not as explosive as the past years. it do have some effects but not that great afaik. unless the token is coming from an unknown exchange to some big guy like binance, coinbase, etc. market is getting smarter, albeit just a little.

Exactly the wrong statement. Partnerships are made from money. You pay Binance for listing fees and they will gladly accept it as "partnership". But you will not understand this right now unless you have dug deeper.

because it is the easiest way to assess a project. with many new partnerships and roadmaps on schedule, increasing investor confidence. maybe development is important, but I don't really care about this. I only focus on making profit. and the quickest way is to observe the project's business strategy. how many partnerships they can get, or are they running the roadmap properly. these two things are enough reasons to invest.

because that is the important point. good quality projects are seen from how capable they are of executing the roadmap and forging partnerships with other companies. innovation is important, but if it is not needed, it will just be something that is not profitable. So instead of focusing on projects that have innovations or new technologies, I'm more interested in projects that have mediocre ones but they partner with big companies. such a project is very easy to make a profit. and the average crypto investor today thinks the same as me.

A good partnership really helps us to identify that this project has potential, Otherwise they certainly won't partner with it. Remember potential partnerships, not bad partnership.