Topic: Why many projects are dead - page 24. (Read 3599 times)
I think the concept of the project also has a major effect on the continuity of a project. With a good project that offering something that everyone needed will be more acceptable than just making some kind of random concept that not all people could utilize it.
the team in the project did indeed become quite important for success and not in a project. but the problem is this time for good, quality team alone is not enough. even seen an interesting concept and carried out by a team of qualified enough but also the same fate fell upon the market. This is indeed the influence of circumstances a pretty bad crypto for this time and not just a matter of the team only.
Actually the average projeck when making their concept is not clear and has the potential to commit fraud. like now we see so many project dead and left by their team
Nowadays there are many projects that are dead, one of the causes may be poor team performance or less than optimal, even though the success or failure of a project, the team has an important contribution, in this case we must be smart in choosing a project and the team involved
the team in the project did indeed become quite important for success and not in a project. but the problem is this time for good, quality team alone is not enough. even seen an interesting concept and carried out by a team of qualified enough but also the same fate fell upon the market. This is indeed the influence of circumstances a pretty bad crypto for this time and not just a matter of the team only.
That should be expected as it is a natural principle. Most projects are dead because of poor management by the team members because they lack the expertise in crypto and failed to seek for counsel from experts. Also, projects with no backing product or tangible ideology behind is likely to go down the drain as it will lose the interest of potential investors.
I think cryptocurrency does not need to have as much coin as it is today. Just very few useful coins are enough. Most of the projects are for investors, not as a means of payment.
That should be expected as it is a natural principle. Most projects are dead because of poor management by the team members because they lack the expertise in crypto and failed to seek for counsel from experts. Also, projects with no backing product or tangible ideology behind is likely to go down the drain as it will lose the interest of potential investors.
With so many crypto projects sprouting nowadays I have noticed that most of it does not have qualities and standard that must be ideal for investors to support it. Team members are lacking experience as well. Unfortunately those legit and very good projects tend to get affected by those insincere and fly by nights projects and it makes the entire crypto world suffer.
That should be expected as it is a natural principle. Most projects are dead because of poor management by the team members because they lack the expertise in crypto and failed to seek for counsel from experts. Also, projects with no backing product or tangible ideology behind is likely to go down the drain as it will lose the interest of potential investors.
The team of every project plays an important role in the determination of the success of the coin on the market. However, the success of a coin is largely due to how strong and supportive its community is. A coin can present a good product and idea yet struggle to meets its market expectations. Create a strong and supportive community, increase the demand of the coin and the project will eventually succeed on the market.
There are many possible reasons why projects are dead. Some teams intended it from the start after collecting funds from investors which makes it a scam project. Some have an incompetent team that cannot really handle projects to be implemented. Some are good projects but they have an insufficient fund to maintain the need for the project to push through. And lastly, the value of the cryptocurrency went down because of lack of support of the public and investors.
Actually it is a sad news to look at some projects dead or failed. There must be some factors that influence. Such as lack of promotion, the less interesting projects, or similar project with others. However here, we cannot say about the dead of projects. Those that have good points will be brighter. SOme are dead but some that are good will reach the higher value in the future.
TThere is many factor when one project is dead and one of them is market conditions. For last few monthsarket condition is really bad. So investors are not giving that much funding to company's. When market will go big again the whole system will be refresh. And now the main thing yes lack of experience and motivation failed a project. Most of the the people just want money so they open ICO sometimes is going well ICO hit next the project is failed other time the first stage ICO failedThat's how its work. In every profession there is some people who always do work for money and creates problem.
I can't imagine why almost of the project are dead or become scam project. Many reasons but we have to understand that it is hard to handle some project that has no strong community or management. Many of those are not succeed for the reasons that they are not capable to hold those projects.
Now a days most of the projects are scam, therefore mostbof them become dead after abandon the project and leave investors in thin air, but not just that, projects without product are also come to dead, because how investors convince to invest if they dont know how do they earn in this project.
Some reasons why many projects are dead, it's because of weak management and wasn't successful plan and also they didn't reached their approximately or target value sales that's why many of them not succeed.
cannot be denied again as time goes by the development of crypto progresses and many people already know the benefits that can be obtained, but unfortunately those who only know and do not have the expertise in crypto but want to be able to get the benefits by making projects that ultimately failed and left just like that.
I would like to add also lack of marketing strategies which makes their crowd funding fail or in short ICOs fail. With lack of marketing investors or their target market are not being reached. Another thing to consider is lack of good management, even though they had a great ICO if the people running the company is not making enough hype investors cut loss with them.
That should be expected as it is a natural principle. Most projects are dead because of poor management by the team members because they lack the expertise in crypto and failed to seek for counsel from experts. Also, projects with no backing product or tangible ideology behind is likely to go down the drain as it will lose the interest of potential investors.
You're correct... many projects were dead due to mismanage by the team behind but I think those projects were created just to take money from their investors. ICOs is the easiest way to lure money from investors as those scammers can hide their identity as we have no laws in crypto to put them in jail.
Also, apart from some few projects that were bassd on the fact that there is a real world use case, many others created hypothetical problems which didn't exist and hence got no one interested.
Because they lack of team work and lack of potential to grow that's why many projects now is hard to reach their goal. And I think they need more manage and lot of time fix their project before they fully show it to people.
A lot of projects fail because they don't offer anything more than what is already on the market. There are many ICOs these days so each project needs to stand out in order to attract investors. KYC requirements also cause them to fail as it reduces the number of interested investors
Asides those reasons you gave, many of them are dead because they are pure scam. Simple! Most of them project creators scammed people. That's it.
yeah,, from the beginning the main pupose only to collect the money from investors
then they are gone,, sometimes hit an exchange first, sometime not
so, everyone should becareful to invest in crypto, a deep research first is the best way
Jump to: