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Topic: Why new Projects? - page 3. (Read 1037 times)

full member
Activity: 952
Merit: 104
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April 14, 2019, 05:39:44 PM
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

Don't care about new projects introduce to the crypto world as long as they won't be redundant projects. For sure, many projects have the same platforms which makes the usage redundant for investors to join.
full member
Activity: 1442
Merit: 106
April 14, 2019, 05:36:19 PM
as the day breaks around the world so is the birth of various ideas by loads of people from different works of life towards the advancement of their jobs, professions and even ideas that solves real life problems and they are all brought to the blockchain space to bring about different solutions to challenges already existing
full member
Activity: 925
Merit: 100
April 14, 2019, 05:33:13 PM
The answer is simple, there are new projects coming in everyday as blockchain technology has given developers the power to develop new and amazing platforms or projects. It is right to know that only few projects are truly out to make a change others are out to scam so there is need to be very careful on what we invest.
jr. member
Activity: 336
Merit: 1
April 14, 2019, 05:15:26 PM
Crypto space is well decentralized and we will always have new projects as there are a thousands and one probkes to proffer solutions to and if any idea is replicated it should be and advancement on the forme, it is just left for the consumers(investors) to be diligent and not fall prey of scam, 2019  have experience a drastic drop in the level of ICO proliferation because of the bearish market its only the few genuine project that are still standing
full member
Activity: 532
Merit: 100
April 14, 2019, 04:58:14 PM
The issue is not the Introduction of new projects because each project is aimed to solve one problem or the other. Rather the issue is, most of these projects have nothing to offer, some are just pump and dump, hype etc. Only a few are living up to expectations.
member
Activity: 714
Merit: 11
April 14, 2019, 04:48:49 PM
I am not agreed that almost all new projects are scam. I think that now marked are cleaning because bitcoin falls a lot, so for that reasons scams gone and stayed only goof projects.
full member
Activity: 700
Merit: 100
April 14, 2019, 04:33:42 PM
If bounty ends by virtue of the stop to the much of ICO, some bounty hunters will be left with nothing to do again, but those who can search further for more opportunities will be able to find newer and more effective ways to earn.
for example, I follow some Airdrop for my part-time work, and why Airdrop is used as part-time income because the results are uncertain so we really need to be smart in finding ways because in crypto there are many ways you can get profit, and trading is the best way to look for profit.
jr. member
Activity: 714
Merit: 3
April 14, 2019, 04:03:33 PM
If bounty ends by virtue of the stop to the much of ICO, some bounty hunters will be left with nothing to do again, but those who can search further for more opportunities will be able to find newer and more effective ways to earn.
full member
Activity: 887
Merit: 100
April 14, 2019, 03:38:00 PM
It means that more people are paying attention to the crypto space by building their company with blockchain. But, also it could because many scammers trying to robb money from people through tokensale.
what is certain is that there are many people who want to profit in cryptocurrency and that proves that crypto has attracted many people, but indeed unfortunately most new projects today are fraudulent so we really have to be very careful in choosing projects.
sr. member
Activity: 1274
Merit: 267
April 14, 2019, 03:19:57 PM
It means that more people are paying attention to the crypto space by building their company with blockchain. But, also it could because many scammers trying to robb money from people through tokensale.
hero member
Activity: 1022
Merit: 535
April 14, 2019, 03:17:00 PM
Because cryto currencies are based on blockchain technology. And bockchain technology can have so many good solution for many different cases. So new projects may brings new solutions.
full member
Activity: 784
Merit: 100
April 14, 2019, 02:53:07 PM
For the project to succeed, it needs investment. I've seen the community try to revive coins that developers have abandoned, but they have not achieved any tangible success. Today, the project should stand out with a very promising concept and offer a solution that can stir up the market. Therefore, new projects are still needed.
jr. member
Activity: 84
Merit: 5
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April 14, 2019, 02:27:14 PM
Although it seems that there is already an excessive amount of projects, there is still room for many more because everyday reality demands endless solutions for which there may be better offers than there are now, or in any case, a efficient marketing team can create an interesting market where now there is not.

The problem is not that there are enough projects already, maybe the problem is that financing through ICOs may not be the one that has offered the best results to developers and investors, and that is why we see so many failures.
legendary
Activity: 2982
Merit: 1028
April 14, 2019, 02:22:01 PM
I think that there is really a very large part of the truth that today there are new projects that have a very good idea, this is how they are trying to do quality projects today, but I think that all this will be very good for investors as a whole.
It's not all, most of the new projects are created for the benefits of those teams behind, there's few who's serious taking the challenge and introduced new sets of ideas and target places to be used, it's hard to say whether it's good or bad, new projects always have good promises, it's all about how investors will buy those promises and take the risk.
sr. member
Activity: 1039
Merit: 250
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April 14, 2019, 02:19:57 PM
The new project has many challenges and this will make it strong or not in responding to the market. It is not easy for new projects to be accepted by the market, so it must be really more organized and quality.

new project should bring something new to this industry,, maybe a new tech or features,,
i believe, a good respond will coming to the project..
but, for now a lot of new project coming as duplicate from the old project,, and thats why a lot of new project failed mate
member
Activity: 756
Merit: 14
April 14, 2019, 02:14:04 PM
I believe newer projects can solve the problems of old coins and tokens or even get better at speed and more secured so we need more new projects and just because they are new doesn't mean they can't beat the old coins
legendary
Activity: 1638
Merit: 1001
April 14, 2019, 01:05:33 PM
The new project has many challenges and this will make it strong or not in responding to the market. It is not easy for new projects to be accepted by the market, so it must be really more organized and quality.

It is actually very possible that almost all new good projects will have private investors instead of crowdsales and vice versa for a bad projects.
full member
Activity: 1050
Merit: 102
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April 14, 2019, 12:17:31 PM
there are already many projects that exist but this is the world of commerce, everyone competes in a race and is looking for who will win this, they are sometimes present then dev leaves and then a similar project is born sometimes better it could be worse. this is where someone can make his idea come true but most do not maximize it
jr. member
Activity: 190
Merit: 1
April 14, 2019, 12:04:09 PM
So far still there are new projects that came out and they are those projects that studied and make good by developers,they do it very well to succeed the project and make profits from investors and also to make the investments of investors worthy.New projects has new ways to attract investors and to make sure the project will habe a sufficient investments so i prefer to go ln. ew projects.
member
Activity: 1022
Merit: 10
April 14, 2019, 11:23:00 AM
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