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Topic: Why many projects are dead - page 6. (Read 3632 times)

sr. member
Activity: 572
Merit: 250
November 07, 2018, 12:33:13 AM
One of the reasons why many projects are dead is that they initially arranged an ico with only one purpose - to raise money and hide. The complexity of understanding blockchain technology helps fraudsters to mislead people without revealing the technical capabilities of their coins and quietly manipulating the code. Otherwise, this behavior is not much different from any other form of investment fraud.
Yes so many of the projects these days are being run by scammers and it’s very hard to know the scammers. After raising a big amount of money from investors, you will wake up the next day and they have disappeared. Despite all that, there are still some legit projects that turns out to become a failure at the end and the reason for this is due to poor preparation and having a bad leadership.
full member
Activity: 854
Merit: 101
November 06, 2018, 06:53:17 PM
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 projects competing in the crypto world, it is expected that many would be left behind and die down naturally. Right now, a good platform is not enough to catapult you ahead of the game. A good management team, strong community support is important to keep you afloat the competition. An effective marketing campaign is also an advantage to get ahead of the pack.
full member
Activity: 490
Merit: 100
send and receive money instantly, with no hidden c
November 06, 2018, 06:46:41 PM
The existence of a dead project due to the existence of very cunning and greedy people to get great results by cheating, cheating by having a project as if the project was really real, so many people participated in it, and the results were carried away automatically.
member
Activity: 644
Merit: 10
CurioInvest [IEO Live]
November 06, 2018, 06:37:31 PM
Yes, many projects failed because they had a very weak development team. The development team cannot develop the project anymore because they do not have funds. Even though there are also many new projects that have emerged. thus increasing competition. And if the project cannot compete, it will definitely fail.
full member
Activity: 983
Merit: 100
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November 06, 2018, 06:21:15 PM
Many projects failed during this year. The reason behind all of it because lack of ideas and low skill team. The idea is similiar with other project so it progress of development cant run smoothly. An addition too many scams projects make investor run away.
sr. member
Activity: 798
Merit: 260
November 06, 2018, 06:15:13 PM
Most projects did not promise anything.They just made ico to collect money.This has caused many projects to disappear and will continue to cause.Quality projects by intelligent people continue to live.Only solid and rational projects will remain.
copper member
Activity: 206
Merit: 1
November 06, 2018, 06:08:15 PM
Many projects die because the team behind the project comprise of members who are not experienced or capable to handle the project, or because of poor funding. Failure to come up with a product can also drift investors attention away from the project, hence making the project die slowly. Some projects fade out because they are scam from onset. Now let's look at some new projects doing selfdrop here and there, their sole aim for majority is to get some funds and maybe list on some crappie exchanges which charge less listing fees, then sell more of their tokens on those exchanges and dump the project, to begin another new scam project. In all, reasons why a project die mainly is from the team or sometimes from strong FUD against the project which is rare.
full member
Activity: 340
Merit: 100
November 06, 2018, 05:55:55 PM
I am not sure that these projects are dead. Everyone is waiting for the right moment to continue their work on a healthy market
Well, when viewed from one side, there is a point. Sometime it looks like that, while their team is prepare something new from that project. but not everything is like that, many are really dead and their team is gone like swallowed by the earth.
jr. member
Activity: 229
Merit: 1
November 06, 2018, 05:46:47 PM
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 could be one reason for the death of a project. In addition, some of their projects have not been fully prepared before the project was launched. As a result, some bad things that might happen after the project appeared they were unable to solve it. For example, some investors will not want to participate in cheap and unclear projects. Now many projects are scamming even their strategies are good and their projects are clear. Things like this make prospective investors must be careful in choosing projects for investment.
sr. member
Activity: 1498
Merit: 326
20BET - Premium Casino & Sportsbook
November 06, 2018, 04:39:35 PM
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.

It follows the common % of business that also fail as there are many projects are really after the business side of it. Since many startups that don't need token or coin and only wants to raise money here in this space easily, either they run or fails miserably as they don't have the proper team management within.
jr. member
Activity: 143
Merit: 1
November 06, 2018, 04:18:51 PM
Yes, this is normal in any activity. If a team lacks competencies and skills, they can help pay for the work of other professionals with resources. And buy time on training. But many startups want to become winners from scratch, without investments. This is clearly a losing strategy. I know the projects where the team really works, writes blogs, updates its product, conducts feedback and the result is obvious.
jr. member
Activity: 214
Merit: 1
November 06, 2018, 04:16:09 PM
Actually, there is no good project when it comes to market performance because the investors always think the profit will get at the end of the campaign. the long months suffering of declining make cause a lot of project dead so the assurance of the project is highly become incompetent.
member
Activity: 616
Merit: 16
November 06, 2018, 04:15:07 PM
The Nature of the Market have decided the Fate of Some projects. A lots of Developers have abandoned their project due to the fear of Loss when listed on Exchange. Both Bounty hunters and Investors shares the same story line of dumping once the Token hit any exchange. coupled with the raising rate of scam projects leaving investors empty handed.
The situation on ground calls for REGULATION on how cryptocurrency is been projected and implemented.  
full member
Activity: 324
Merit: 100
November 06, 2018, 04:12:01 PM
I think the main reason of falling projects is their product. There are hundreds of ICO which have the same idea. I have one question to developers-HOW will u realise it?
There are lots of exchanges or p2p services. Just imagine something new.
sr. member
Activity: 686
Merit: 250
November 06, 2018, 04:03:25 PM
Because many projects were not needed initially, they were created in order to earn money, and it did not bring any benefit to society.
full member
Activity: 546
Merit: 100
EndChain - Complete Logistical Solution
November 06, 2018, 03:53:27 PM
I am not sure that these projects are dead. Everyone is waiting for the right moment to continue their work on a healthy market
jr. member
Activity: 448
Merit: 2
November 06, 2018, 03:48:44 PM
I think that projects die because they are not in demand, they do not have a clear development plan that should provide for different scenarios, there is no interesting idea and the team is ready to overcome any difficulties and find a quick solution. In the end, only the best will remain.
sr. member
Activity: 1092
Merit: 254
November 06, 2018, 03:29:57 PM
I am not surprised. In this space, only projects that have something to offer in form of a product or utility service will survive through thick and thin. If you look at over 80% of the projects currently available or running an ICO, none has a viable working theory or product. It is no surprise that they are all crumbling under the harsh conditions in the industry lately.

Yes, completely agree. The working product and real actions of the team in order to develop the project are the key positions for the development, for rising interest from the society and potential users, for the popularization among the people who may be really interested. So the main thing is the real purpose that the idea or the product may bring to the user of the project. Because you may have a lot of investors and money, but in case the idea is not implemented and adapted to real life's demands so the project will be a real zero.
copper member
Activity: 518
Merit: 2
November 06, 2018, 03:19:31 PM
I am not surprised. In this space, only projects that have something to offer in form of a product or utility service will survive through thick and thin. If you look at over 80% of the projects currently available or running an ICO, none has a viable working theory or product. It is no surprise that they are all crumbling under the harsh conditions in the industry lately.
full member
Activity: 616
Merit: 100
First Islamic Crypto Exchange
November 06, 2018, 03:06:09 PM
it happened because of a bad team and the inability to scale projects
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