Bitcoin Forum

If you visit some crypto forum you will see so many upcoming cryptocurrency projects coming into the industry but sometimes I begin to wonder what is their purpose of bringing in New crypto project knowing well that some of them have wrong motion of the project they are bringing, I have participated in so many of them last year but I have not hear from them again some are abandoned on the proccess with a lot of promises they come with just to gain your interest. What do you think?

We don't really need more altcoins right now.
But there are other interesting new projects.

We need easy to use wallets  , easy to use and cheap payment solutions (expand gift cards ideas), etc.

We need new infrastructure projects.  They are usually boring projects, but that's what we need now and they may make money.

Mostly people don't trust new projects any more just because of the reasons you mentioned above and much more, most new project are only here to generate funds from the public and disappeare, they have no intention of developing such project, while the remaining few have a good concept and solid fundamentals to support the project, there are lots of new project that have a solid team and the reason why people are investing in it.

there is nothing surprising here. in the same way, there are a lot of businesses in the world that are closed every year. This is the law of the market. all projects and all businesses will not be able to exist

Nowadays it's pretty hard to have a legit coin with a legit team behind it and interesting/unique fundamentals pop up. Having a new coin today is as easy as going on some random website and paying someone to literally fork a coin and switch the name to the one you desire.

We have too many alts. >95% of them will clear out sooner or later - it's just impossible to have these many and the more coins there are, the less sense their existence makes. Just stick to what's legit and let them fake projects with fairytale descriptions die out.

Lesser projects are sprouting nowadays. Things changed so far, it used to have plenty of them going to announce their campaign every Monday which bounty hunters sometimes keep hopping which to join but now that those scam teams already knew people in crypto have learned they can't always scam, they finally slow down.  New projects these days still don't have new ideas except those defi which they are growing in numbers.

And the fact still remains that these new projects will continue coming up where only few of them will be legit and the rest scams. Also, another thing to have in mind is that, these new projects always take a new form, or a particular feature to enter the crypto space; to understand this, nowadays we are hearing about Defi projects and they are now on the minds of many people and everyone now keeps looking for new Defi projects to invest in. Therefore with this Defi hype, more projects will come into play and when the hype goes down in the near future, another brand of projects will come in and the circle continues. So it can be seen that, in every circle more projects comes in with majority being scams.

Disappointed in what I see them and its a big loss into our part. I truly amaze a number of new projects coming up but not actually it impress the public as well as for the investors because of their potentiality and of their broken promises. Most of them are shit and we can't deny that but to know also that some of them are trying to capture the attention of investors just to give them trust and gives back what they can give. But unfortunately, it never gives much attention from the investors because their appreciation is different by now unlike before, and they are worried and they might disregard new projects causing them also to fail.

Projects backed up by investment firms, or incubators have the best chance of being worth anything. Take Binance labs projects for instance. Almost no bad apples in that basket. This might seem like a promo plug but it isn't. The one I am looking out for right now (beyond Vsystems obviously) is Injective Protocol, a collision-resistant DEX protocol. Might sound boring at first but once you dive in, you'll know where the excitement lies.

If you want to get to know about that project, read the whitepaper. https://docsend.com/view/zdj4n2d

You could also participate in their ideation contest with a grand prize up to $5k. Details here: https://medium.com/injective-labs/derivative-market-idea-competition-presented-by-injective-protocol-dfa7db0092d6

New projects has a very less chance of getting a success, unless it's a high funded project that they can afford to get listed in big exchange for an IEO, because big exchange can help hype the project and they'll likely to raised what is expected.

In my personal view, I would stick with the old coins since the market is quite bullish now and I believe they will recover more once this continues to be bullish for the rest of the year. Choosing is not really easy considering the high rate of scam, but if you like a lesser risk, just go with the projects that are liquid in volume and listed already in different legit exchanges.

unless the project becomes popular in a very short period of time, you will profit from it considering its not a scam.
newer ones just don't have liquidity if its not listed to good exchanges. we have seen many of them and though they are very legit and the team are doing good yet only listed on stex or dex, its going to take them years and years. the list of projects created since 2018 are still in this stage even today. the lucky ones have decided to dumped their holdings before the project was abandoned.

I will not trust again these new projects anymore, I remember what happened to me before, especially around bull run 2017-2018, when I am really in love with these new projects, lot of ICO I participated before but most of them are gone and lot of Bitcoins/Ethereums I lost way back then.

Their purpose should be mentioned in their ANN or Whitepaper. Now up to you if you want to buy it or what do you think of their proposals, does it have a sense or it is applicable to adapt crypto ideas on their product.

Those abandoned projects aren't new. Sometimes the purpose is just to gather hype. But still, kudos to other projects that currently still on active development despite almost hitting the bottom after their respective ICOs.

It doesn't mean though that there will be no good projects. You just have to maximize your DYOR in order to get involved in a good project.

In my opinion, bringing a new project to the crypto field these days may be a clear scam, Because I see if the project does not have a unique idea and strong financing that enables it to place its token on top exchange platforms and investors interested in it, This indicates that the project will fail or disappear after collecting the funds of the investors. I advise you to invest old or listed tokens on the big platform because it is safer and you cannot regret.

How much cheap you want? a cent, under a cent or no fee cost at all. I believe there already have a solution for this, you want to use the cheapest fee is no fee then we have internal transaction and centralized transaction. If you don't want to be centralized, then use nano they used DAG for zero-confirmation and no fee at all.Easy wallet? I mean all wallet was pretty same to use and almost all wallets were already easy to use.

Some of the new projects sometime coming up with a new offer to solved a problem for the previous project/altcoin, so there will be have a new development cryptocurrency. Its part of a open-source when everyone free to make their own cryptocurrency. But keep it mind, if you want to used it as investment purpose then need to see, research about the project it self.

new project goals come of course to solve every industry problem we face but unfortunately they come with a lot of false promises (scammers) that really only 1% real.

well maybe now if you see a variety of scammer cases are created from a new project but I'm sure not all new projects are like that because I see there are some projects that really provide solutions and be the best choice and have a very good development.

I tend to only invest in new projects if I believe they've got a good hype train behind them. This is all that really matters in the end.

Nobody really expects most new projects to actually disrupt the system. They just shill it wherever possible so that their bags have a chance of mooning.

If you're savvy, you can definitely make some solid gains trading newly launched projects, e.g. on Uniswap and BitMax etc.

Just don't hold on too long, since most new projects inevitably end in failure once all the earliest investors dump their bags on newcomer plebs.

That's what happens most of the time...I personally try to stay away from hype because hyped projects are doomed to fail  and you mentioned.

I believe there are some good projects,  but a good project doesn't need hype. Only bad ones do.


I am not talking about mining fees neither centralized exchanges like coinbase. I am talking about comission to third party such as bitpay for payment solutions.

Like 2017-2018 years, whatever happens to us takes as an experience. How can anyone decide that all new projects will be scams? After the Bcnex exchange and Bitwings project, I don't easily trust new projects. Bitwings project should die, I want to see them die. After 1 year, they make the new rules, only scammers can do it to scam people. Participate in IEO or top exchange listed coins.

It doesn't only happen now but this is the problem for some years. I noted that we already had difficulties getting legit projects from the end of 2017 till the present. It is not only about the potential of the project or the quality of the project teams, but the classic problem is about scams.  Many new projects are used by developers to steal people's money. They only focus to create interesting fundraising but don't care about the sustainability of the projects, or how the projects can survive and develop in the future.

Well, you are right, just ignore them if we are not really sure about the potential or quality of the new projects. Better to join an established project, or kindly buy top coins only for a safer way in investment.

there is sugar there are ants, the interest in crypto is very high so that this gap is widely used by scamer. But not all new projects are scamer, because I see many projects that still exist and develop. Back to us who have to study and study the crypto project that we will follow so as not to enter the vortex of the scamer

So many of them are all the same like the exchange based token they keep repeating the same project over and over again investors are wiser now they want something new technology that revolves around Cryptocurrency you better come out one or launch a failed campaign.

I think it is important to evaluate it carefully and invest only when you really understand the project. In fact, investors tend to look for new things in this market and that is why it is not advisable to hold on to the new coins too long.

In the past, I made a lot of money from ICO projects but since the bear market came out, any ICO projects were scams and that made me feel very depressed during that time.

There are a lot of new projects that are really like this. They provide you with some solid platforms and ideas and some just dont push through. Its hard to find projects that stay true to their objectives, i guess its just a part of the whole investing process.

until now a new project indeed seems difficult to create well because there are many cases of new projects that lead to scams and eventually make the cryptocurrency name bad, so for now it might be better to not participate in the project offer first and make observations first before entering on a cryptocurrency project.

what is posted on the forum is already thier announcement or introduction , the project is already released and they also give updates here if what are thier plans for thier next development .

ico sites and airdrop sites is where i see upcoming projects that are not released yet . thier purpose is to earn and help people or this crypto community become a better place if not scamming . forget those old failed projects but we can expect that newer projects are going to be succesful

DYOR is something that will bring use into the reliable project and did you know that mostly of trusted projects come from the trusted backers who have putted their believes on it?

As long as the new project offers something that was not yet getting offered by other project and that's the main purpose of new project.

I think its obvious enough for us, regular users that we don't need another altcoin or token. There won't be any magic trick that will help one climb up the cmc ladder.
But the market still desperately needs new useful technologies. If one project provides market and users with technology and altcoin at the same time - there are some chances for this token to blow up

New projects are unavoidable, every good projects come new, it is the team that may be considered to be new or old. We don't really have the same constant team repeating old projects.from the new team there are still a few projects that are good. The issue with the well familiar team/manager's projects now is that too many people bombard their projects that the reward becomes small because they have been noted. They also started as new as any other team.

I think mostly of them are created to take away money of others and just create a hype. If you noticed they always asked for money like intended to create ICO and generate funds. For what? Direct listing on market, but have you ever realized if the project have use case or any purpose at all? Think about which project is real and those who are just want to have liquidity.

Many new projects have died and been abandoned by the owner. This makes the new project quiet and unattractive now, only new projects that really promise to last until it is useful for many people.

That's not wrong to say many new projects are created to take away people's money. Those projects are coppy-catting old projects and do fund-raising just for their own purposes. Right now, I prefer investing in old projects that have been around the market long enough. By doing that, I can avoid the risk of being scammed by those new and low-quality projects! In case I want to invest in new project, I will choose a project that has real application to the real world!

What is there to wonder about? Haven't you seen a better new project that has promising use case? See how big Tezos and Chainlink are today? See how Avalanche raised 42million dollars through ICO? Have you checked out the project? You will easily see how promising the project is, new projects are still very good if you know how to do research

You are wrong, many new projects did very well this year, there are ways to choose new projects pal, for example CARTESI project raised money through binance launchpad and many investors are in high profits already, targeting IEO projects from binance and huobi or gate.io is another fasted way to detect good new projects

I don't think new projects are that dangerous, only those who are new to crypto will find it more difficult to make the right choices, for me it's not that hard, IEO projects on top exchanges is best way to go for newbies and projects with demanding utility and good partnerships can't go wrong either

I agree! New project can't have the reputation and credits like old project, however, new projects have more potential to increase their value by many times. It's the matter of how good you can do your research, how experience you have, and how luck you are. It's easy for those who have proper knowledge, skills and experiences to pick out a good project among hundred or thousand of new projects!

If you want good ROI you need to invest on new altcoins, they are the perfect choice for better profits, you can't find that in top altcoins, new altcoins that are good enough can easily do 5x to 10x through IEO on top exchanges like Kucoin or binance exchange

IMHO, I believe that some new projects are worthy of our attention because it has something new to offer plus with a good use case that might attractive for investments, But to other new projects that are just copycats from the existing platforms I believe it should not be taken seriously so its better to spent our energies with the good ones.  

Many upcoming projects are popping up on the internet but it's certain that most of them are garbage projects, especially those on ICO rating websites like Icobench or icodrops, you are on your own if you don't know how to do research and pick good projects wisely

They can declare those goals and they're all promising.
But the real thing starts during their application, no promise has been fulfilled and it's all about the money. Those projects don't continue what they have started once they've cashed out.

I always have interest in new projects that use top exchanges for IEO crowdfunding, atleast its certain to make profits in 3x to 5x or more, it's really not about holding for long term, it's about making your profits in a very short term and that's what binance and other top exchanges delivers

Well, for the fact that some projects have failed or scammers have created some projects does not stop the emergence of the new ones.  Among these new ones, we have seen some of them with novel and good utility likewise many were just created for scamming sake.  It is the responsibility of individual to scan through very well the project you want to participate in.  New projects will continue to roll in, anyone you promote or invest in is at your own risk.

Why take risks with new projects that aren't well funded? Why take risks with new projects that aims for small exchanges like latoken and others? I believe that IEO have make things more easier for investors through top exchanges

The main purpose why so many new many upcoming projects because for businesses, they want to take profits, big profits. But they can't realize it except bring new technology to the crypto world, so I think it's okay with a new project if they can provide something useful, but must be careful with them because sometimes if already gains so much profits, they will run away. So hard to find the legitimate project now

Crypto is more like a fastest way to money making since 2017, that's why you will see some new projects with not very useful use cases coming into crypto to raise fund, to me it seems their main focus is just on the money they will make from investors

Last 2 years 90% of projects are scam even they copy other projects whitepaper. 5% of projects are failed because of their business plan. Some projects have shitty business plan idea. That's why their project failed. 5% of the projects are unique & legit. so you have to choose the right projects. Some people say that people don't believe in new projects now. But if they don't believe in new projects then how new projects survived? Actually, if the projects are good then people will go for those projects.

There are already so many right now there are a number of altcoins in circulation, so we don't need a new projects. Most new projects
existing only for fundraising, a few more new projects scams. It's worrying about the current conditions, so I don't recommend it
investment in new projects. It's enough investment in old projects for me, because new projects currently in circulation are no better
than old projects.

You need to educate yourself on Defi Dao Decentralization and the kind of project will likely gain support and make it's an entry in the market, some project brings something just a coin nothing at all for pump and dump, don't support these kinds of coins it's lifespan is very short, it will eventually go down to zero.

Yes, and new projects with useless use cases that go into crypto to raise funds are projects made by scammers, so everyone should be more careful about projects like this, because they are always looking for new victims in crypto.

It will depend on what project they are representing, there is always a room for improvement and if that old project didn't expand to new development maybe those new ones will be able to do it, for example are some DeFi projects that are in hype now. But always be careful on choosing if it's already available in the old one then better choose that, but if these new one have some potential then it can be worth risking just check how legit it is.

I think that way many people already know and IEO in the best exchanges will certainly attract a lot of investors, but will new projects do that? certainly not and they prefer the low exchange as the lowest cost.

Yes, but for the time being if someone wants a good profit, it is enough to trade on some of the top Altcoins in the market, because finding IEO in the top exchange will also not be as easy as you say, anyhow potentially between new Altcoin and old Altcoin, I think it still benefits the old Altcoin for now.

I wonder who goes on uniswap to buy coins to hold, it's really a bad idea to buy coins that aren't big enough and listed on uniswap exchange only, it's a freedom zone to list any good or bad tokens and coins

Is there a time when there were no projects coming out on a daily basis, for years it is how the cryptocurrency market is and all you need to do is to be careful which project to trust and which one to avoid and never trust any review sites when selecting a project as they will take money from these project team and give out a high review and we have seen those in the past, all you need to do is to be logical in having a conversation with the project team and understand what they are planning to accomplish and then make up your mind and even if you invest you need to follow through unless you sell off the coins.

Some projects are scams, I agree, some projects are just bad ideas, with startups it often happens, you think that the idea is good, but in the end people do not like it and you will go bankrupt, and the most difficult thing is to find a project that turns out to be a gem.

Maybe everyone experienced the same thing for 2018 - 2019 they were stuck with very bad projects that they participated in there, but I see there are also some projects that are really good to follow, because not all projects are bad if you really researching the team of the project itself. So basically it's better to assess deeper for their team and how they really do it for the development of the project itself.

New projects are eager to be listed at major exchanges, because it's a simple and quick way to help their projects get hype and succeed in this market. But it's hard for it to happen because most new projects don't have enough budget to be listed at major exchanges like Binance, Okex, Huobi ...

because each analysis has not been 100% determined how the future of the project, because all that can change over time and changing wind direction. so, usually I see how people respond to the new project. if more and more people join and invest, it means that the project has a greater chance of success.

some projects have survived these difficult times and until now they have finally survived. if you remember the beaxy project that had to work hard by delaying their sales several times and finally they could release their platform. for future development, we will never know, but those who are good will work real with their platform updates.

Then you didn't work with the good project before, because on my experience the bounties I joined before is working great until now and they was able to reach good exchanges and actually work according to their road map. Working with the new projects is fine as long as you search a lot about it and you're confident that they can succeed on their plans. DeFi projects looks promising, if you see new projects about it then you can search if its worth it.

In fact, we need new altcoins, they have better ideas and can be more successful. Btw I agree with you on copying projects, they were created solely for scam investor purposes, so be careful when selecting new projects

I haven't visit Announcements (Altcoins) nowadays as I lose my interest in those crypto projects that only good on their road map but suck when they launched their project. I wonder how they managed to gather such huge amount of money from their investors and not even using it to further develop their product. I mean, they always good at sales talking to their investors but they're just making some excuses when it comes to the development of their project. No development, no further investors = the price will be stuck or sink at the bottom with no sign of returning back.

Then, It all depends on the policy of their service.

I believe all service such as buying other stuff, or as you are mention gift card they take the service fee from transaction or withdrawal to keep it running. In the business model, this quite normal as long the fee still normally or not really an insane fee not really a problem at all.

If want not really paying the fee to the third service, then should be transaction P2P with someone so not really paying a fee transaction buying the item. As long, the project was launch by the company always about business when they take a certain fee by using their service.

There's always a lot of projects popping up here and there. I am always skeptical about new projects because they have nothing to prove or back their business model so you have to be wary of how much you decide to invest. Only very few new projects are able to outperform expectations and in the short term is always because of the hype surrounding the project so I always wait to see how a project performs. For example, Harmony one is a good project, solid foundation and respectable team. However, the price was hyped and now still a long way to recover. That doesn't mean the project is bad, just that traders and investors will always hype a project in the early days regardless.

Lots of projects these days are not reliable and we have to be very careful when we are choosing new projects because you just never know mehn.

Scammers have caused people not to be trusting new projects any longer. They are the reason a lot of people here now hates ICOs and people are now generalizing every ICO in the market as a scam because of these scammers.

Cryptocurrency is a good thing, but scammers just infiltrated it and are using it for the wrong purpose and making the world see cryptocurrency as a bad thing.

I am happy that after everything some of them still get caught.

Sad to say the majority of the new projects are just aiming to create free money, that is a fact. Only a few of them are real that success in this field. Abandoned, scam and failure projects are increasing way back 2017 I guess only 10% survives until now. I am not against new projects in fact I want it, it helps us to spread adoption, but in any industry, there are always people that think only about money no matter it is good or bad. For now, I prefer existing companies to adopt crypto which is safer than a newly created company from nowhere.

No matter how hard it is, we shall keep seeing this project. This is because human will never run out of idea both for good reason and for bad intentions. Those that are of good intentions will fall into two categories. Those that will offer to improve on already existing ideas or those with a novel ideas. The latter one is very uncommon while the former is the most common one. It is left for individual to check what he/she is interested in and do there own research. But from my own experience, it is very uncommon to see a new project that is profitable provided it even get to exchange.

New projects are bad for newbies who are new to crypto, top altcoins or Bitcoin are best choice for newbies, the reasons why I said this is because many new crypto projects are scam made projects, they have no other intentions but to scam investors

New projects are not harmful if they have something to show up! If you recheck, you will realize last year we got some extraordinary new projects like Harmony, Elrond, Matic, Sero,Perlin, and so on, and this year we are getting more potential new coins. Now you see the Defi idea is ruling! So, new projects are not that bad, and you just have to pick the better one!

New projects are most times unreliable, some new projects are build for short term and developments will die down after few months or years, make sure the projects you put money on are well developed

New projects are not safe for newbies, the safest option for newbies is going binance or okex for any IEO projects fund raising, top exchanges are safer investment options, way better than randomly looking for new projects to invest on

I have wondered too. Many have come in past and disappeared. But some are still quite stable. I see many influx of projects Who look like they are just coming around to get investors money. Many of them don't really have viable use cases. That been said, the market has lots of potentials to provide solutions to certain problems that traditional market has tried to solve. For now, many projects are still trying to find their standings. They are still at their infant stage. There might not be need for more altcoins for now.

yes maybe not all new projects are bad but for me personally most of the new projects feel like dead, I mean can not last long in the market, the product is difficult to develop in the market, and the project is abandoned by the developer. this often happens in this cryptoqurrency industry.

Maximum projects are coming now days just for raised their fund. After they collect the fund they stop their project works and bring another project for collecting more fund and end of the day they abandon all of their development of their projects. It's just a regular story of new projects now days.
Rarely we can see some legit projects are coming in crypto world and try to make difference. In my opinion people just fed up on those new projects which give much promises but don't make it happen. That's why crypto industry losing investors everyday because of these kinda projects. People need real product able projects which can help people's daily life.

Its been long dead!

but people do still consider on dealing with it, for bounty hunters they do keep on advertising it, for investors side they do keep funding it and i dont know on what are the things that do put up into their minds
on considering such option knowing that it isnt already feasible nor profitable.

New project potential? No they are just copying other projects ideas and renaming it and making some alterations but actually not giving out that utility or usefulness that we are looking for.

We do still some few projects do launch but as expected they dont really get that much of a support which isnt surprising.

When it comes to tokenization, there are so many ideas as with current various industries. It's now just like opening a digital business. The widespread and future sustainability will only be dependent on what utility is getting represented by that coin or token. Since these new projects token or coin's utility is limited and many more competitors are out there, it is very difficult for the survival of these projects in the long run. I have kept the topic of scams outside of my opinion.

New projects are revolving daily bases and the worst is most are not really pure and have intentions of scamming users despite them doing IEO and some have good plans but I it will really be great we always analyse projects and do thorough investigation before investing to avoid buying scam coin which will definitely break hearts. Do your research .

sometimes they come with only a promise and only a fake. we must be selective in choosing, we must always be smart and smart before joining a new project ... observe and also research it, because if we only rely on the look we will not be able to get the reward we want.

cryptocurrency is increasingly popular so many people or companies are competing to make crypto projects. some are planned seriously, some just want to make money, and some are really scams, so we have to be selective.
Not all new projects are scam or bad, there must be some really good ones. we just need to do a deep analysis and not fomo. lately that is quite popular is the defi project, remember do not easily believe before doing in-depth analysis.

Developers are free to get their projects launched, but most times, I prefer project that has it's a product already. Even if it is not yet fully completed, at least MVP should be fine. New projects that make a good contribution will remain and last for a very long time.
I think very soon, we will see an increased number of them.

The same mindset of New starts in every economic sector. health, asset, finance, technology and so many others. that is the same aspect in the cryptocurrency sector. New projects with unique features but similar to old ones will always come up. your ability to identity top notched projects will help you invest wisely. we are in the era of DEFI. don't fall for scam projects. they are everywhere.

Of course not all new projects that appeared today are considered scams but you need to be very vigilant and cautious in choosing which project to invest as there are high rate of scam projects than those legit ones. But if you want to feel at ease and take lesser risks, invest only in old projects which are legit that are already listed in exchanges. It's good to play safe sometimes than to take risks and lose all your capital.

In general, new projects can help you to make a profit if you have a reasonable investment strategy because the trend of people seems to be believing in more potential investment options. In fact, any investment is risky and can make you lose at any time, but I believe that if you have the knowledge and have been involved in this market for a long time, you will know what to do next.

No doubt, it seems we have enough of projects leveraging blockchain and cryptocurrency, both the ones that has delivered and the ones in the process of delivery their products as well as the abandon ones but still there's still room for more projects and there's still a disruptive gab that needed to filled up. I think what we need is a complete reform on how to prevent scam projects from getting the attention of investors

It can be seen in recent years that new projects are on the rise and there are many scam projects that you need to avoid when investing. I think it is risky at any time, so it is best to be careful and absolutely never trust others because they can make you lose money in this market.

I only invest when I have analyzed because it helps me minimize the risk.

These new projects are popping up like crazy. Its like there's a new project everyday, some show off quite a good a platform and honestly i might get swayed by some if i had disposable money at the moment. Guess youll just have to research on projects that caught your eye more, its hard to research all of them.

I think all projects are not fraud and all team members also. Yes, if you do 30 projects there maybe 5 projects are scam or intentionally come to earn from crypto market with fraudulent. But as a bounty hunter you have to set in mind that there are some wastage projects in market and you have to work without any money as its is sometimes impossible to trace which project is good or bad.

So just do your work continuously and  believe on fate.

thanks.

There are many new projects that are scam, but besides that we also have a lot of good new projects and quality. If you look at the IEO implementation projects at Binance, those are the best and most potential new projects to invest in.

True, some of the new IEO projects in Binance have been successful. There are also successful bounties such as cartesi lauching in binance. most new projects released in large markets are more trusted by investors and safe to invest.

We all know that the IEOs at Binance are the safest and most definitely profitable. But it's not easy for you to participate in their IEOs, the chances of winning are very low and you need to be very lucky to be able to win lottery tickets.

I believe we shouldn't generalize projects, some of them come just to make some money, another part believe in their idea and that they will provide useful project.

I doubt that any of them are competent enough to actually make it work for them, they can start any sort of project they want and almost all of the projects are people who are incapable of making something decent. They always set out the same way to change something but in the end they fail to do so because they usually have people who have never done something similar and they end up failing to see what problems could arise and they just fail and crash and burn.

I wish they were scams, at least I would say they stole my money, but they are so bad and so horrific at their job that they are not even scammers, they use that fund to make it work and spend all of that fund they received and simply just fail, it is a great mystery how many of these projects are run or owned by idiots.