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Title: Lot of similar ICO project these days what doyou think they all survive or blast Post by: dasunlanka on July 12, 2018, 05:31:38 AM I see lots of similar projects and similar ICO's..how can they survive..?
I think only best project will survive other will be blast..What do you think. Title: Re: Lot of similar ICO project these days what doyou think they all survive or blast Post by: Tipstar on July 12, 2018, 05:39:28 AM Having a lot of similar projects is one of the reason for failure of ICOs though at least for now as there is a huge market for everything to expand, similar things dedicated to same area would have competition. For example, we have a lot of increment in the number of exchanges but not in the same ratio with number of transactions.
But mostly ICOs have become a mean to easy money raising than actually finding and utilizing the business idea. They are just following each other but what they should have really done is to create their own path. Title: Re: Lot of similar ICO project these days what doyou think they all survive or blast Post by: KobbyC on July 12, 2018, 05:47:30 AM Yes, there is a lot of similar ICO project these days, that is absolutely true. But what you need to find is the uniqueness of that project. Most of the ICO's do add certain things to the already existing project to make it a blast. If there is nothing new, then that project is just like those that are born already. It makes it hard to succeed.
Title: Re: Lot of similar ICO project these days what doyou think they all survive or blast Post by: Hulh on July 12, 2018, 05:59:23 AM Yes, there is a lot of similar ICO project these days, that is absolutely true. But what you need to find is the uniqueness of that project. Most of the ICO's do add certain things to the already existing project to make it a blast. If there is nothing new, then that project is just like those that are born already. It makes it hard to succeed. I agree with you to find the uniqueness of a project and to check the background of the project developer / manager to make sure that it will survive in the market. If you choose a project that is similar to old project better to invest the original project that is already guarantee that it will survive. Title: Re: Lot of similar ICO project these days what doyou think they all survive or blast Post by: dasunlanka on July 13, 2018, 04:53:24 AM Having a lot of similar projects is one of the reason for failure of ICOs though at least for now as there is a huge market for everything to expand, similar things dedicated to same area would have competition. For example, we have a lot of increment in the number of exchanges but not in the same ratio with number of transactions. But mostly ICOs have become a mean to easy money raising than actually finding and utilizing the business idea. They are just following each other but what they should have really done is to create their own path. Totally agreed with you. I think better invest with coin other than utility token.If etherium price cross $2000 All etherium based token have to face a big problem. Title: Re: Lot of similar ICO project these days what doyou think they all survive or blast Post by: krassy on July 13, 2018, 05:07:58 AM There is nothing wrong with many similar projects, every project has the right to develop, only projects with a good team and a desire to develop in the field of blockchain technology will receive maximum recognition and support from users, competition is always an incentive for growth and development.
Title: Re: Lot of similar ICO project these days what doyou think they all survive or blast Post by: Anniee123 on July 13, 2018, 05:11:17 AM Because blockchain is still in development.
Therefore, most ICO projects are still in the hype stage, so they are hard to realize, so most altcoin will fail. |