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Topic: Why many projects are dead - page 25. (Read 3599 times)

jr. member
Activity: 141
Merit: 1
The World’s First Blockchain Core
October 26, 2018, 06:52:47 PM
#24
Yes too many projects are dead because their only target is collecting money. They dont care about investors or they dont care about their own project.
Now 85 percentage of icos are scam. Investors need to do research about their investments.
I cant understand that. That is not too hard thing. If you collected 30m dollar You can easily hire a team and you can at least develope something
with earning that 30 millin dollars 10 percentage.
full member
Activity: 2408
Merit: 202
October 26, 2018, 06:52:22 PM
#23
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.


That's is true lack of knowledge are one of the cause of project become failed
But for me the main cause of project failed is people scared to invest
The reason is more project are scam than to legit project
member
Activity: 728
Merit: 12
October 26, 2018, 06:48:08 PM
#22
You may be right. the poor management of team will really influence the projects. It may influence how they make the concept that is promising and interesting for the investors. One more, interesting and promising projects for the future have very big influence to attract more investors. Additionally, they may be lack of gaining the community through the social media, including how they promote.
jr. member
Activity: 322
Merit: 1
October 26, 2018, 06:47:21 PM
#21
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.
sr. member
Activity: 1092
Merit: 250
Hodlers Network
October 26, 2018, 06:44:14 PM
#20
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 it's community support I have seen a project with the working platform but it does not generate support from the community the ICO was a success but the dev failed to market the platform for the community and because of this investor losses confidence and sell their coin at a loss.

because of less demands come to the project,,
and this is because the project didn't get enough support from the community ,, as you said investors loosses their convidence to the project
thats why a lot of project dead
full member
Activity: 784
Merit: 123
October 26, 2018, 06:40:17 PM
#19
Many of them just got failed because no one give their trust in a certain project and investors never found possible inclinement of their money. It also give doubts to the community if the team members and its platform is questionable.
member
Activity: 448
Merit: 10
October 26, 2018, 06:39:46 PM
#18
In my opinion, the reason why many ICO projects may not have been successful probably because they were not able to meet the soft cap goal  within their timeline because less people were interested in putting up their investment. Marketing and advertising has never been effective to attract and encourage people the way other successful ICO's in the market wherein people in their team where not experienced and lack the capability of handling the project.
full member
Activity: 2324
Merit: 175
October 26, 2018, 06:36:00 PM
#17
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 it's community support I have seen a project with the working platform but it does not generate support from the community the ICO was a success but the dev failed to market the platform for the community and because of this investor losses confidence and sell their coin at a loss.
hero member
Activity: 1540
Merit: 507
October 26, 2018, 06:35:28 PM
#16
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.
They don't have a lot of knowledge to create a product remember about majority of them are creating non sense platform. So many times more and more icos dead caused by that thing. With a lot of unprofessional people in the team and that will make the development will be really slow.
Some icos are still lack of legal support too
newbie
Activity: 14
Merit: 0
October 26, 2018, 06:31:40 PM
#15
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.


Many project are dead because mostly they didnt hype up to it expectations or their projects was a complete disaster or it could be they werent able to reach itss softcap and so they cant continue to provide or implement the project that they were envisioning.
member
Activity: 560
Merit: 11
October 26, 2018, 06:26:40 PM
#14
I think every project has a very good team management, when they launch crypto into the market, then bearish market affects it. so sometimes altcoins will fall, and will survive.

I noticed, that only altcoins are listed in good exchanges which will create an uptrend.
jr. member
Activity: 154
Merit: 1
October 26, 2018, 05:56:12 PM
#13
they are dead because they copy each other and repeat the idea. the copy has never been better than the original and it seems to me that 95 percent of the projects will leave the market
jr. member
Activity: 504
Merit: 3
October 26, 2018, 05:54:12 PM
#12
One think to remember is also that many projects come out and do their ICO unnecessarily since the product they have is already working in the "normal" world and it's blockchain counterpart is not needed nor welcome. They do it just for money grabs and of course they end up dead after 6 months or 1 year.
member
Activity: 364
Merit: 19
www.codex.one
October 26, 2018, 07:18:07 AM
#11
I think they are dead because they were scammers right from the beginning . Their goal was to collect as much money as they can , but not to develop their project . It's not normal when someone collects millions of dollars for a startup selling beer for a cryptocurrency . Just think, millions of dollars! From the very beginning it was clear that such nonsense can not last forever.
full member
Activity: 672
Merit: 100
October 26, 2018, 07:16:19 AM
#10
Many projects have died because the team behind the project will not have. A lot of teams collect money and run away.
jr. member
Activity: 182
Merit: 2
October 26, 2018, 07:14:01 AM
#9
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.

A lot of these projects had no business in the crypto space in the first place. The scam devs had no plans to further their course. They simply took advantage of the liquidity in the market and the hyoe the crypto space was enjoying at the time to make money out of the system. Truth is, a good project will remain nonetheless, weather it's a bears season or worse. I've lost little money to such scam projects
full member
Activity: 1358
Merit: 100
October 26, 2018, 07:11:56 AM
#8
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.
Yep I agree because of poor management and some are bad projects that investors not interested to invest to them and some ICOs are scam, that's why many ICO's are dead.
full member
Activity: 392
Merit: 100
October 26, 2018, 07:04:27 AM
#7
Maybe at this time there are many companies who die because of team members who have given up on working hard and finding a way out of a problem because they are a little desperate to see the bad price movements shown by the market.
full member
Activity: 265
Merit: 100
DATABLOCKCHAIN.IO SALE IS LIVE | MVP @ DBC.IO
October 26, 2018, 06:59:42 AM
#6
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 agree with your thoughts, apart from SCAMs there were many weak ICOs that had raised enough funds during the peak of hype around crypto and failed when the market changed the direction. Only the projects with a strong community around and with a decent MVP will succeed.
full member
Activity: 335
Merit: 100
October 26, 2018, 06:46:24 AM
#5
not only that, now many scam projects after getting a lot of funding from investors this happens because no one is regulating the ICO
my advice after investing and getting profit more better to leave it "hit and run" and look for another project
i have experimented by holding several altcoins for 3 months, but I just got losses not profits
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