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Topic: Why new Projects? - page 8. (Read 1068 times)

sr. member
Activity: 1270
Merit: 254
Oikos.cash | Decentralized Finance on Tron
April 11, 2019, 08:15:44 AM
#54
Instead of creating new projects that spam this space and majorly leave investors with pains because of scams and dumping beyond comprehension, these teams should rather just build upon existing projects rather allowing greed to controlling their thinking, or they should buy over an existing project that the team is ready to sell off. But greed won't allow them to do this. If a project suffers a setback, so do bounty hunters.
It all sounds very correct, but how can people who run a startup - buy an existing project? they have no money for it, but they have a new idea
hero member
Activity: 784
Merit: 502
April 11, 2019, 07:58:46 AM
#53
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
Scammers are not going to care about the crypto's future so they are not going to stop introducing their new projects just because of we already have enough cryptos to survive the future.But it is in our hand to promote such projects or completely ignore the and concentrate on the new projects and keep earning useless tokens from bounties.
newbie
Activity: 3
Merit: 0
April 11, 2019, 07:39:07 AM
#52
I keep wondering why new projects are being introduced into the cryptocurrency economy
It's just the nature of business. When there's a market opportunity, people will try to get a piece of the pie. As long as we (consumers) keep on asking, someone will always come out to meet those demands.

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.
Complicated and not a practical approach in my opinion. It's like buying a dead coin and trying to resurrect it will take a lot of time and resources. I don't any team would want to be defocus on what they are trying to achieve.

BeatzCoin and VibraVid is where the $$$ is. I followed them since day 1 and definitely excited for q2 and they're launch. Also they are top 3SR and that says a lot !
legendary
Activity: 2422
Merit: 1140
duelbits.com
April 11, 2019, 07:35:29 AM
#51
Exactly, we cannot ignore that today many new crypto projects are offered. It is as one of the influences of crypto and blockchain development. Many people have their ideas and make the ideas come up with a certain concept to compete with others. In this case, new projects may have the same ideas or even different concepts that make the coins or tokens will be more promising in the future.
Actually it is a good point that the crypto world always involves the new projects, but still, keep careful to choose the one to avoid scams.
full member
Activity: 625
Merit: 100
April 11, 2019, 07:31:27 AM
#50
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

Answer is so simple. Making easy money attract people in this market. I think the easiest way of collecting money on the world is ICO, STO, ITO or IEO. So entrepreneurs wants to collect invest for their project. Unfortunately, malicious people are trying to take advantage of this situation. Moreover, they are doing this by putting a lot of people at risk.


Yes, now you want to attract such a trend in your project millions of dollars. Use some technology blockchain and all. Millions at your feet. And even if the business does not work out nothing terrible, this is not your money. That is why now it is difficult for projects to collect money. Investor confidence is too undermined.
member
Activity: 258
Merit: 10
April 11, 2019, 07:02:49 AM
#49
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

Answer is so simple. Making easy money attract people in this market. I think the easiest way of collecting money on the world is ICO, STO, ITO or IEO. So entrepreneurs wants to collect invest for their project. Unfortunately, malicious people are trying to take advantage of this situation. Moreover, they are doing this by putting a lot of people at risk.
copper member
Activity: 995
Merit: 1
April 11, 2019, 06:59:39 AM
#48
Due to the current market conditions it is extremely hard to collect a lot of money on this market, however you can hold an IEO on Binance or Huobi, but not every project is able to spent so much money before the token sale start.

To carry out such projects you need to have a ready-made business. Say, who can afford it FB, VK Telegram. All the rest will not be sweet. At the very least, companies need to show their prototype before they come out on such conditions in order to collect the full amount needed for further development.
member
Activity: 686
Merit: 15
April 11, 2019, 06:55:35 AM
#47
Instead of creating new projects that spam this space and majorly leave investors with pains because of scams and dumping beyond comprehension, these teams should rather just build upon existing projects rather allowing greed to controlling their thinking, or they should buy over an existing project that the team is ready to sell off. But greed won't allow them to do this. If a project suffers a setback, so do bounty hunters.
copper member
Activity: 190
Merit: 1
April 11, 2019, 06:41:37 AM
#46
Due to the current market conditions it is extremely hard to collect a lot of money on this market, however you can hold an IEO on Binance or Huobi, but not every project is able to spent so much money before the token sale start.
member
Activity: 756
Merit: 10
April 11, 2019, 06:37:17 AM
#45
Recently, very often I come across the fact that new projects are not focused not on a quality product, but simply on breaking off a piece of cake. Honestly speaking, these are just scammers who want to make easy money.
Such projects have been before, just now everything has become much more acute. Good projects can not collect anything against the background of a general fall in cryptocurrency
legendary
Activity: 1484
Merit: 1004
April 10, 2019, 05:13:02 PM
#44
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.
Of course it's very difficult to revive a project where the reputation they have is not good or neutral, it doesn't have any effect because everything is the same whether it's active or not because some people don't believe in new projects that try to solve problems when but in reality it has no effect, I just see that reviving a failed project is an unnecessary one because there is no reciprocity for the future.
sr. member
Activity: 1701
Merit: 308
April 10, 2019, 04:44:12 PM
#43
Because new ideas will always grow, where developers need money to develop their ideas. Existing projects tend to be quiet in place, they seem not to develop their projects anymore, so that similar projects appear that are more effective and efficient in terms of benefits so that the old project was abandoned. I think it all depends on the developer, how they maintain their project. It's useless if we are the only focus, but developers only tend to be quiet and not develop their projects
full member
Activity: 714
Merit: 101
April 10, 2019, 03:36:33 PM
#42
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

Yes, do not need as many new projects. They have long been unable to come up with anything new, except as another mechanism to lure stupid investors and steal their money. Even more, 90% of new projects do not need blockchain for their implementation. They came to the crypto market because it's easier to find gullible investors.
sr. member
Activity: 882
Merit: 301
April 10, 2019, 03:19:22 PM
#41
I haven't heard that there's like this before. That a project mainly focuses to the failed ones and they want tocmake that project alive and lively. This could happen or its actually happening, I just didnt heard about it before.

I'm also not sure if there is one. If I am a project founder, I would find it difficult to be carrying someone else's project. I would rather spend my time and energy on improving my own project. It already takes a lot to manage your own.
member
Activity: 426
Merit: 10
April 10, 2019, 03:07:12 PM
#40
Recently, very often I come across the fact that new projects are not focused not on a quality product, but simply on breaking off a piece of cake. Honestly speaking, these are just scammers who want to make easy money.
hero member
Activity: 3136
Merit: 591
Leading Crypto Sports Betting & Casino Platform
April 10, 2019, 02:59:55 PM
#39

I haven't heard that there's like this before. That a project mainly focuses to the failed ones and they want tocmake that project alive and lively. This could happen or its actually happening, I just didnt heard about it before.
copper member
Activity: 1190
Merit: 3
April 10, 2019, 02:50:31 PM
#38
With new projects, we can see some new interesting, technically solid and worth to invest project. But it does not mean that all the projects are legit. It is most difficult task now for investors to identify any scam project.
Regarding the necessity of bounty hunters, the job is getting harder and harder each day. Also rewards are not like 2 years ago.
With some successful IEOs, on binance, a clear message to Bounty hunters that they ate not much important.
Let's see how it goes.
full member
Activity: 826
Merit: 111
April 10, 2019, 02:49:19 PM
#37
I am sure you all may know that ICO did not meet upto the point in last two years. Now you must be aware of IEO. Initial Exchange Offer which will be the next more from crypto i suppose. Choosing an exchange and the exchange exposes the coin by giving offers to the traders for few days. When the traders know the respective coin's project and demand, the value will keep increasing. This new move should eradicate SCAM activities.
member
Activity: 546
Merit: 32
April 10, 2019, 02:44:44 PM
#36
The new projects must be trustable because there will be a huge options available for people to choose but in some cases it will be like a scam that's why they don't want to get involved in new projects and this will make their trustable product also not valuable.
jr. member
Activity: 66
Merit: 1
April 10, 2019, 02:36:55 PM
#35
I feel no amount of post on this can make new projects to stop coming into the crypto sphere everyday for two reasons,
1. To scam people
2. Coming to prove that it is better than the existing one.
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