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Topic: Why new Projects? - page 10. (Read 1037 times)

sr. member
Activity: 980
Merit: 261
April 10, 2019, 11:19:59 AM
#14
it is just like a competition on market outside, if someone's business already existing then they are trying to do the same with a minimal improvement for them to be known and make new investors or make a new hype. As long as there is an innovations in the market ICO will continue to excel whatever the real purpose of it.
legendary
Activity: 2492
Merit: 1018
April 10, 2019, 11:15:01 AM
#13
New projects means new competition. What can happen which had already happened before is that the old projects stays, they can be left behind if not progressing or they can outrank the ones above them if the team strikes well to improve and serve their community. Take TRON for example, you will never see tron under $0.05 after a year, and each year will keep going up even when bears  take over the market for a year.
member
Activity: 532
Merit: 10
April 10, 2019, 11:13:06 AM
#12
The new project is IEO investment because its more potential where many investor want to buy and always sold out just one minutes, you can try buy it or give your fund for other to buy IEO token.
jr. member
Activity: 518
Merit: 4
April 10, 2019, 11:10:56 AM
#11
I think you are right, but talking about new things they're meant to be happening as far we'll develop new ideas every day. Believe me what if the best in crypto space hasn't happened yet, you just have to keep checking and comparing them to know whose one to go for, not about how plenty the projects are.
Another thing is that old projects can't introduce airdrop or bounty when they're already trading, even there's very small in rewards.
full member
Activity: 574
Merit: 100
https://ammut.network/
April 10, 2019, 11:03:09 AM
#10
Every day is a new day and every day we are facing new challenges and problems and so we are finding a solution/answer to it. This is the ICO (New projects) goal to solve an existing or new problem to our society through blockchains and by introducing a token in order to support the system.

Every new projects has their own problems to be solved, we have a lot of problems right now and through blockchains and new technologies we're able to solve them 1 by 1 that's why every project has their own special uses.

These are the reasons why there's an shit projects:
1. The projects goal is just to earn and leave the project (Scam)
2. The solution of the project already solved by other project
3. The investor wasn't enough and so the team can't continue the project

I hope I enlighten you a little. This is all according to my own perspective.

Yes I'm aware of the fact that  new projects come in to solve different problems, but can't a new team come of with their new ideas and partner with an old team that has an idea that is almost same as the new team's idea and they work together? It might look or feel like a useless idea but it could reduce the the level at which scam enters the cryptocurrency market. I kinda feel like all the projects currently in the cryptocurrency space has already tried to solve almost all the problems we can think of, if the projects are dying, I feel they should be improved on instead of getting a new ICO and a new whitepaper to fix the issue
growing projects that are dying is not a good idea, dead projects will not be trusted anymore if they have to partner with new projects, but what happens is that new projects come with the same team from dead projects, they rebuild new projects with increased programs but that not necessarily successful because they have been disabled with a failed project
hero member
Activity: 2912
Merit: 642
April 10, 2019, 10:53:01 AM
#9
It is actually an easy answer.

They all want to reach the same value as bitcoin is.
Why? They want the money in it. Greed will always be there. At start it will look like just the same project as others with a perfect roadmap. But give it a year and then say goodbye to it.

If they were not around we could be seeing an enormous value of bitcoin now. Divided money to other coins is just getting higher. You could almost see every project hitting a small cap and those are millions of dollars.
full member
Activity: 980
Merit: 114
April 10, 2019, 10:51:56 AM
#8
Existing team to buy new coin to develop on them you said that will be very hard because different team come with there own road map that will lead them and if any existing team should get involve they may lack the right directives to become successful. I don't think the introduction of new projects will never end because the cryptocurrency industry is still at it early stage and lots of companies and business are adopting it for they progress.
copper member
Activity: 193
Merit: 1
$martFund
April 10, 2019, 10:44:37 AM
#7
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
Some dead projects already revived and developed by the new developer but it's not so easy as you said. When you are trying to revive the bad project with bad credibility and then that main problem is your name was getting destroyed in the past and that will be so difficult to re-built it again.

It mustn't be projects of teams that have already lost their reputation though.
sr. member
Activity: 854
Merit: 250
April 10, 2019, 10:43:47 AM
#6
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
Some dead projects already revived and developed by the new developer but it's not so easy as you said. When you are trying to revive the bad project with bad credibility and then that main problem is your name was getting destroyed in the past and that will be so difficult to re-built it again.

The loss to the trust of investors and the good name is bad, if you have done it to the next, repeating it from the beginning it is not possible to grow again.
copper member
Activity: 193
Merit: 1
$martFund
April 10, 2019, 10:42:01 AM
#5
Every day is a new day and every day we are facing new challenges and problems and so we are finding a solution/answer to it. This is the ICO (New projects) goal to solve an existing or new problem to our society through blockchains and by introducing a token in order to support the system.

Every new projects has their own problems to be solved, we have a lot of problems right now and through blockchains and new technologies we're able to solve them 1 by 1 that's why every project has their own special uses.

These are the reasons why there's an shit projects:
1. The projects goal is just to earn and leave the project (Scam)
2. The solution of the project already solved by other project
3. The investor wasn't enough and so the team can't continue the project

I hope I enlighten you a little. This is all according to my own perspective.

Yes I'm aware of the fact that  new projects come in to solve different problems, but can't a new team come of with their new ideas and partner with an old team that has an idea that is almost same as the new team's idea and they work together? It might look or feel like a useless idea but it could reduce the the level at which scam enters the cryptocurrency market. I kinda feel like all the projects currently in the cryptocurrency space has already tried to solve almost all the problems we can think of, if the projects are dying, I feel they should be improved on instead of getting a new ICO and a new whitepaper to fix the issue
hero member
Activity: 2702
Merit: 510
Leading Crypto Sports Betting & Casino Platform
April 10, 2019, 10:38:39 AM
#4
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
Some dead projects already revived and developed by the new developer but it's not so easy as you said. When you are trying to revive the bad project with bad credibility and then that main problem is your name was getting destroyed in the past and that will be so difficult to re-built it again.
jr. member
Activity: 546
Merit: 4
April 10, 2019, 10:35:36 AM
#3
Well
New projects are supposedly meant to solve new problems in the decentralized way

So if you find projects replicating old projects without preferring an advanced solution
Up to you tod decide; dyor
sr. member
Activity: 2184
Merit: 470
Telegram: @jperryC
April 10, 2019, 10:35:17 AM
#2
Every day is a new day and every day we are facing new challenges and problems and so we are finding a solution/answer to it. This is the ICO (New projects) goal to solve an existing or new problem to our society through blockchains and by introducing a token in order to support the system.

Every new projects has their own problems to be solved, we have a lot of problems right now and through blockchains and new technologies we're able to solve them 1 by 1 that's why every project has their own special uses.

These are the reasons why there's an shit projects:
1. The projects goal is just to earn and leave the project (Scam)
2. The solution of the project already solved by other project
3. The investor wasn't enough and so the team can't continue the project

I hope I enlighten you a little. This is all according to my own perspective.
copper member
Activity: 193
Merit: 1
$martFund
April 10, 2019, 10:24:22 AM
#1
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
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