Because they are more perspective that existing projects. Just think about the possibility that those tokens that went live during the falling market and have not lost a lot of value, would do on the raising market.
Existing projects already have experience in this market, and as a rule, the experience is a very important factor on this market. 
Topic: Why new Projects? (Read 1068 times)
Because they are more perspective that existing projects. Just think about the possibility that those tokens that went live during the falling market and have not lost a lot of value, would do on the raising market.
This is not as easy as you say if they buy a failed project, they risk their name, so not many people do this, maybe only a small number, or projects that are already very well known so they dare to take this risk.
New projects may not necessarily fail, we must see from other potentials, if indeed there is no information that supports us, we can leave the project. because there are new projects every day. we only need to choose the best.
Probably in new projects, people find something new and promising, but I am not in favor of this. I would make a choice in favor of projects that have already managed to collect a lot, so I think that there really can be earned. But this is usually just my opinion.
This is not as easy as you say if they buy a failed project, they risk their name, so not many people do this, maybe only a small number, or projects that are already very well known so they dare to take this risk.
New projects may not necessarily fail, we must see from other potentials, if indeed there is no information that supports us, we can leave the project. because there are new projects every day. we only need to choose the best.
Most of the new projects that already have their products and perhaps are looking forward to further develop them are trying to avoid wasting their time on ICO, rather they prefer selling their tokens through IEO. Despite all these, most of them tend to be traded away and later plunge.
In my view, I would suggest that no matte the number of projects being lunched, no matter how good they might appear and no matter how convincing the whole circumstance surrounding them is, we should create time out of none to carefully study them .
In my view, I would suggest that no matte the number of projects being lunched, no matter how good they might appear and no matter how convincing the whole circumstance surrounding them is, we should create time out of none to carefully study them .
I keep wondering why new projects are being introduced into the cryptocurrency economy and we all will agree that about 80% of these new projects either don't do well or exits as scam. I know that bounty hunters especially benefits from the introduction of a new project because it's 90% sure to run a bounty program.
But what if the new projects stopped being introduced for us to focus on the thousands of projects that is already in the crypto space and individuals or teams that genuinely wants to make a change can instead either buy all these failing projects and work on them or offer to partner with the teams of the failing projects in a bid to recreate. I mean they could still run airdrops and bounty programs again to reintroduce their projects. Ain't nothing wrong with that right?
Just thinking aloud, don't know the repercussion of this idea, but back me up if it makes any sense
But what if the new projects stopped being introduced for us to focus on the thousands of projects that is already in the crypto space and individuals or teams that genuinely wants to make a change can instead either buy all these failing projects and work on them or offer to partner with the teams of the failing projects in a bid to recreate. I mean they could still run airdrops and bounty programs again to reintroduce their projects. Ain't nothing wrong with that right?
Just thinking aloud, don't know the repercussion of this idea, but back me up if it makes any sense
Well, people find making a new project is profitable that is why new projects keep popping out. As you can sew we currently have a lot of scam projects, a bunch of shitcoin and only a few with real product and use case. If this goes on, more and more project will keep popping out, and might hurt the whole crypto marketbecause of scam. So, I urge investors to choose and not only consider profit when investing in a new project.
it would be better if everything was tightened, I mean there must be a filter or high requirements so that a bad project cannot enter, one way is to give severe penalties to scam players, so before the project registers then all teams and everyone involved the project must provide their personal data so they don't dare to do a scam because if they do that, then there will be police who will arrest by tracking their data
If this can be implemented then surely it will lessen the possibilities of people who will scam the investors, developers who will willingly provide all the details about their personal information and the business that they have or works that they are affiliated with, not just those we already seen from the team where it can easily be faked.
Teams without hesitations answering all questioned that can easily removed investors doubt are team that really deserve creating new ideas
that will work around this industry.
Well it is very simple to really see why projects are introduced everyday. It is because they, the developer or the team sees that there is a great opportunity for earning money in an ICO. So these people are trying their luck, not thinking that there are too many that are as well planning the same idea as they do. Money is a great driving factor and everyone wanted to get rich easily. So that their exist a competition between all new ICOs. This divides the existing investors making them all a competitor even when the project is not even the same in terms of product or service. This makes it difficult which results in failure of the project.
This is not as easy as you say if they buy a failed project, they risk their name, so not many people do this, maybe only a small number, or projects that are already very well known so they dare to take this risk.
it would be better if everything was tightened, I mean there must be a filter or high requirements so that a bad project cannot enter, one way is to give severe penalties to scam players, so before the project registers then all teams and everyone involved the project must provide their personal data so they don't dare to do a scam because if they do that, then there will be police who will arrest by tracking their data
Crypto isnt just for you, not for any single people around the world. It is for everyone that love crypto. Anyone that want to be part of it. This is the true nature of crypto currency to stay us connected to each other and make progress in economy. Why a lot of projects? Because crypto is getting introduce to around the world. Companies see this to make a wide range for their product. You cant limit the token being created. Every company can have its own product
I agree with the statement that 80% of the projects are not going well and many have ended in scams, but we cannot stop them by banning new projects from entering this forum because we never know what the project can do in the future then all we can do is choose wisely so that we are not caught up in a bad project
Until now there are thousands of project tokens that are still ongoing and the project is still ongoing, but why are there still many new projects emerging? because we play on the global market so there are many people who want to develop their ideas to run a company in Crypto and in this way they can build a company, maybe we better be positive with many projects so that competition will be even greater so they consider everything, maybe if the whole world uses crypto, thousands of these projects will also come back to life.
I keep wondering why new projects are being introduced into the cryptocurrency economy and we all will agree that about 80% of these new projects either don't do well or exits as scam. I know that bounty hunters especially benefits from the introduction of a new project because it's 90% sure to run a bounty program.
But what if the new projects stopped being introduced for us to focus on the thousands of projects that is already in the crypto space and individuals or teams that genuinely wants to make a change can instead either buy all these failing projects and work on them or offer to partner with the teams of the failing projects in a bid to recreate. I mean they could still run airdrops and bounty programs again to reintroduce their projects. Ain't nothing wrong with that right?
Just thinking aloud, don't know the repercussion of this idea, but back me up if it makes any sense
You are not wrong in your thinking but when most of those people that are making all of those coins are only thinking in ways to make money for themselves then it is easy to see why they do not want to collaborate with anyone or to take the code from another coin and try to build something out of it, so as long as people keep giving money to unprofessional projects out there we are going to keep seeing the same happening but you can avoid that by just not investing in icos. But what if the new projects stopped being introduced for us to focus on the thousands of projects that is already in the crypto space and individuals or teams that genuinely wants to make a change can instead either buy all these failing projects and work on them or offer to partner with the teams of the failing projects in a bid to recreate. I mean they could still run airdrops and bounty programs again to reintroduce their projects. Ain't nothing wrong with that right?
Just thinking aloud, don't know the repercussion of this idea, but back me up if it makes any sense
I keep wondering why new projects are being introduced into the cryptocurrency economy and we all will agree that about 80% of these new projects either don't do well or exits as scam. I know that bounty hunters especially benefits from the introduction of a new project because it's 90% sure to run a bounty program.
But what if the new projects stopped being introduced for us to focus on the thousands of projects that is already in the crypto space and individuals or teams that genuinely wants to make a change can instead either buy all these failing projects and work on them or offer to partner with the teams of the failing projects in a bid to recreate. I mean they could still run airdrops and bounty programs again to reintroduce their projects. Ain't nothing wrong with that right?
Just thinking aloud, don't know the repercussion of this idea, but back me up if it makes any sense
But what if the new projects stopped being introduced for us to focus on the thousands of projects that is already in the crypto space and individuals or teams that genuinely wants to make a change can instead either buy all these failing projects and work on them or offer to partner with the teams of the failing projects in a bid to recreate. I mean they could still run airdrops and bounty programs again to reintroduce their projects. Ain't nothing wrong with that right?
Just thinking aloud, don't know the repercussion of this idea, but back me up if it makes any sense
There are people who want to make money like others did and they want to be entrepreneurs, so they launch their own projects. Human nature!
The reason for a new project, as an individual everyone has a structure plan. And investor doesn't just sponsor ome project, they spread out to not to put all eggs in a basket. Similarly most project don't have the same usecase, interfaces And same plans. The most important is to invest wisely.
Your idea is good but difficult. This industry is very large and many countries participate in it. So it is very difficult to implement and we are more focused on good projects. Investing or doing Bounty has risks. So if you are in doubt or afraid to be able to invest in existing coins.
Well, you have a good reason for saying that but not all projects have the same concept. There are thousands of projects out there but they are for sure different from one another though there are those that have similarities but only differ in some areas, this type are sometimes being outgrown by the other and the project does not progress or fail at the end. It is sad though, that because of too many projects that are failing the trust of investors are getting less each time so crowdfunding is getting a bad name too.
Let's take a look at it like this either in blockchain industry or conventional industries, there will always be continuing creation of new startups with different kinds of business operations but this does not mean all of them gonna succeed. If this continuous innovation stop in the industry, what it means is that the industry will start dying slowly. So regardless of scam projects or not, not all created crypto startups gonna succeed the same way it is in conventional industries.
Jump to: