Topic: Why many projects are dead - page 5. (Read 3566 times)
Because the team behind those projects are composed of effective marketers rather than talented developers. We should expect more of them completely dead in the next months or years because there's only a few spots for cryptocurrencies who can dominate several kind of markets. But some traders still see at as a good opportunity to extract some profits by hyping and then leaving it before it's started to crash.
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.
Because the project did not reach the target money or the soft cap, and because the investors is not interested to the campaign that's why they did not invest to it or maybe because the project platform is not great.
Many projects were never alive , they only existed as a means to transfer money from person to person . I mean, no real life use case. This projects are meant to still be alive , but because of the current bearish market,only good projects with usecases survive.
You are the one who asks and you also answer. LOL
I can only say because the market is bearish, there are no investors who believe in ICO.
There are no investors who enter, ICO fails.
I can only say because the market is bearish, there are no investors who believe in ICO.
There are no investors who enter, ICO fails.
A large number of projects are dying due to the fact that developers are not able to calculate all the risks that may arise in the market
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.
ICO gives you the opportunity to earn quickly. This trend has led to the fact that they began to specifically create products for ICO - you just have to competently write white paper, find an original innovative idea and conduct an aggressive marketing company and you have several tens of millions of dollars in your pocket. Products appear in order to collect money, and not in order to develop, and the main purpose of ICO is the initial public offering.
Many projects didn't have reasonable or tangible product to back their projects and without that, the project will never last long and it will also end in scamming investors or turn to pump and dump project.
yes, the product or destination is the main thing that the project must have if you want to get a lot of investors. it is not surprising that many projects die because they are abandoned by investors because they are not clear or have the potential to grow. then the market conditions are also not supporting so many investors sell their assets because they don't want to lose too much.
project that are dead are not sustainable. Its not about having idea but your idea most be something that can be generally accepted and more viable. Even if there are many dev working for the project, ones the project is not productive, everything willgo down and that is what is happening to many project that launched last year only few of them are still existing while many are dead.
because of their lazy mind and careless work many projects dead and also some times just they collect money and run away from this world.this is really foolishness.
Many projects didn't have reasonable or tangible product to back their projects and without that, the project will never last long and it will also end in scamming investors or turn to pump and dump project.
When capitalists give up coins, they usually represent the death of coins. Many coins have experienced a burst of bubbles, and bad altcoins will go to death. The death of a coin is a fact unless a new capitalist is willing to invest in it.
There is few reason many project dead past two years,
1) There is no feature vision clearly .
2) Some project after finishing ICO it will turn to Scam Like , BCC, BCCX and lot they closed within year.
1) There is no feature vision clearly .
2) Some project after finishing ICO it will turn to Scam Like , BCC, BCCX and lot they closed within year.
They are dead because most of them were packaged by con artists and were going no where with them. Some are dead because they had no business in the crypto space in the first place
Many projects die because it has no potential for future development. Project management team is not working well. The development path of the future project is unknown or too simplistic.
It seemed to me that the answer to this question is known by each person, which though I am a little familiar with the cryptoforeign exchange market. I don't want to tell that it is a bubble, isn't present at all. Just have withdrawn too much money from the market. And on him many swindlers have appeared. All these factors have created an adverse situation.
There are so many ICO projects suffering actually because of the market instability, and the decreasing of ETH price lastly. We can notice easily that so many projects extended their ICO sale period many times trying to reach the softcap at least. There are other projects haven't real products, and their goal is only collecting money from their investors.
Some ICO project are outrightly Scam while other ICO failure can be attributed to poor team management on their path and some are not really ready for an ICO before they did the ICO, because of the lack of a product or working prototype.
If we are to talk about what constitutes to a projects downfall, we going to spend much time here. What is weird to me is some projects just come to rip people off and it is unfortunate they still get victims. Initially, they might seem legit however the later tells it all.
I think the Bear market has cast a long shadow over many of the projects that launched in the past 12 months. Everything is struggling to attract interest and investment at the moment which is why we have been staring at flat prices for the past 6 - 9 months. Once the bull phase begins it will be much clearer which projects will move forward and which are going to be destined for the trash can.
Many projects are dead due to because their main aim is to scam the people and they are not very serious about the project. This scam project makes us think negative about blockchain project and this makes many new investors losing hope on cryptocurrency.
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