Topic: Why new Projects? - page 5. (Read 1037 times)
As per my thinking, they are absolutely repeating their strategy and create a new project. A project who had an exit scam, they are trying to make more projects to gather fund again and again.
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
There are too many new projects exist or being published for the reason that there are other people or organization who wants to make their own currency and make it successful someday. It is better to support those projects with a good development team so that we can assure that our funds are in good hands and it is also important to choose a project/s which is/are unique from other active or existed projects. 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 reperussion of this idea, but back me up if it makes any sense
well many new projects exist for different reasons , some with good reasons and some with bad reasons. Many of has no good use and die off, some has great use while some are scam. This are what we will be facing for now 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 reperussion of this idea, but back me up if it makes any sense
Although I agree that most of the new projects being churned out these days are scam projects and some worthless tokens.
But there are some also that are of great value to the blockchain.
New projects that can add value and improve upon the various key technologies of the blockchain are needed .
But there are some also that are of great value to the blockchain.
New projects that can add value and improve upon the various key technologies of the blockchain are needed .
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.
That's the problem of being in decentralization, anyone can create their own project in crypto, so expect that most of the projects in crypto are scam, like in 100%, there's 90% scam, only 10% are legit. You can easily spot a fake crypto project or ICO, just do research on every detail they said. Nowadays, some of them are on conducting ICO, a lot of fake ICO happening, they can easily launch ICO even they are not real. The crypto market is a free market and can't be controlled, this is why we see new project rising everyday and nothing can be done about it, crypto is a technology for the world and not just for a particular country, so it's very normal for new projects to kick off everyday, though we need to stop focusing on creating new project and focus on making the existing project the best it could be in the nearest future and cause mass adoption.
On the one hand I'm happy that almost every day there are new projects, but sometimes you want to quantity turned into quality. I think that eventually there will be a regulator that will filter everything that appears on the market. While it is not possible because of the nuances in the law . Most token in market just duplicate the project before and i think will not survive for long term. The pioneer and innovative one will always survive because the project knows the objective.
those who can survive are those who provide solutions and comfort to previous products. like binance, both project exchange platforms, and previously I thought there were many exchange platforms. and with their performance and plan they can make binance a platform that becomes an idol and even defeats exchanges that were previously there before. when they come up with the same concept and don't have good performance and market support, then they come and are ready to be discarded.I am agree, those who can survive is who give better service and people can use it daily. Binance is 2 years old exchanger but they give good support and offering big daily transaction volume.
New project with same concept and not offering a new service, i am believe can not survive and dissapear soon.
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
The proliferation is sickening. Many of these new projects have nothing innovative to offer but rather to duplicate an old running project. Monthly, tons of coins are added and delisted from coinmarketcap which makes the whole ecosystem unhealthy. There should be a way to control this anomaly
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
Yes, under normal circumstances, already existing but non performing projects should have been revived to effect the changes they were meant to bring to help society but we are in an era where one's failure gives another an opportunity. In the mist of this competitive environment, you see two or more projects trying to solve the same problem. Why this? Its because each team wants to claim the credit, "they are the best and they are doing better than all others". Simply put, there are many projects because because everyone thinks his/her approach to solving a problem is the best. 
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
If there is always a new project in cryptoworld, it means there is only two reason why they appeared in this field of business mate.
First is their intention was to show and to explain why the community need to patronize their token and why they need to invest in it? and through their plan and road map their target investors will get interest or not about the project they have. Second, there are certain new project comes up here where the intention only is to scam others or to run away the investment of the investors only nothing else.
The crypto market is a free market and can't be controlled, this is why we see new project rising everyday and nothing can be done about it, crypto is a technology for the world and not just for a particular country, so it's very normal for new projects to kick off everyday, though we need to stop focusing on creating new project and focus on making the existing project the best it could be in the nearest future and cause mass adoption.
The common answer you will encounter is, because they knew or found a problem that can be solved. Then you maybe then ask yourself, "Then why don't they just improve the current system or protocol?". Because they need or want money.
And that is the real answer.
And that is the real answer.
Believe it or not, there will be plenty of projects coming up until blockchain gains mass adoption. Everybody believes in themselves that they will be able to bring a change into this world. This is the reason why new projects are coming. New projects are there to target specific markets and to bring solutions that are not in existence yet.
The Blockchain technology has a vast scope of utilization that is why various projects intends to build their platform based on the Blockchain. One of the reasons why new projects choose Blockchain and cryptocurrency is that the Blockchain enables them to store numerous information on the Digital Ledger and cryptocurrency on the other hand will facilitate all payment methods within the platform.
Many new project looks not good and have potential become scam project, we can check with always delay for listing their coin on exchange market and we know how serious about their team to make coins have stable price.
I think investors will not dare to enter again after the bounty hunter dumped the project, and the guarantee to go up is very small. so don't be surprised when the project will die, and a new project with a similar concept will emerge.
We cant stop them from creating new projects everyday since the world keeps evolving and wanting for exchanges and followed by growing population and so is the competition to the market. Secondly, theres this fork also thats sprouting in amidst of top crypto in CMC so basically we cant stp the reproduction of this new platforms to provide a better service.
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
Some of the IOC are just duplicate of past projects that failed to get their funds and they are still trying with a new name, it's so easy to make a smart contract and create your own token and there are thousands of industry around us, so I don't think it will end, we will still going to see new ICO and new project.
It's like an iphone or android who introduce new device because it's better than the previous one. It's just that there are clone devices that will come up as well , so you need to select the legit one. 
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
They keep on popping up because it is an easy way for them to scam people. They know that people will easily fall for those scam eventually. It is actually our responsibility to make sure that people are made aware of those scams. It is the responsibility of that person to remain cautious when thinking about investing on those projects and make all necessary research to ensure that the project won't be a failure or a scam! 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
Jump to: