Bitcoin Forum

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

Every day is a new day and every day we are facing new challenges and problems and so we are finding a solution/answer to it. This is the ICO (New projects) goal to solve an existing or new problem to our society through blockchains and by introducing a token in order to support the system.

Every new projects has their own problems to be solved, we have a lot of problems right now and through blockchains and new technologies we're able to solve them 1 by 1 that's why every project has their own special uses.

These are the reasons why there's an shit projects:
1. The projects goal is just to earn and leave the project (Scam)
2. The solution of the project already solved by other project
3. The investor wasn't enough and so the team can't continue the project

I hope I enlighten you a little. This is all according to my own perspective.

Well
New projects are supposedly meant to solve new problems in the decentralized way

So if you find projects replicating old projects without preferring an advanced solution
Up to you tod decide; dyor

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.

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

The loss to the trust of investors and the good name is bad, if you have done it to the next, repeating it from the beginning it is not possible to grow again.

It mustn't be projects of teams that have already lost their reputation though.

Existing team to buy new coin to develop on them you said that will be very hard because different team come with there own road map that will lead them and if any existing team should get involve they may lack the right directives to become successful. I don't think the introduction of new projects will never end because the cryptocurrency industry is still at it early stage and lots of companies and business are adopting it for they progress.

It is actually an easy answer.

They all want to reach the same value as bitcoin is.
Why? They want the money in it. Greed will always be there. At start it will look like just the same project as others with a perfect roadmap. But give it a year and then say goodbye to it.

If they were not around we could be seeing an enormous value of bitcoin now. Divided money to other coins is just getting higher. You could almost see every project hitting a small cap and those are millions of dollars.

growing projects that are dying is not a good idea, dead projects will not be trusted anymore if they have to partner with new projects, but what happens is that new projects come with the same team from dead projects, they rebuild new projects with increased programs but that not necessarily successful because they have been disabled with a failed project

I think you are right, but talking about new things they're meant to be happening as far we'll develop new ideas every day. Believe me what if the best in crypto space hasn't happened yet, you just have to keep checking and comparing them to know whose one to go for, not about how plenty the projects are.
Another thing is that old projects can't introduce airdrop or bounty when they're already trading, even there's very small in rewards.

The new project is IEO investment because its more potential where many investor want to buy and always sold out just one minutes, you can try buy it or give your fund for other to buy IEO token.

New projects means new competition. What can happen which had already happened before is that the old projects stays, they can be left behind if not progressing or they can outrank the ones above them if the team strikes well to improve and serve their community. Take TRON for example, you will never see tron under $0.05 after a year, and each year will keep going up even when bears  take over the market for a year.

it is just like a competition on market outside, if someone's business already existing then they are trying to do the same with a minimal improvement for them to be known and make new investors or make a new hype. As long as there is an innovations in the market ICO will continue to excel whatever the real purpose of it.

The world we live in keeps changing as days go by and new problems are being generated from existing problems or solutions. New projects introduced to the crypto space are usually projects developed to bridge a gap identified by an existing projects which they were not able to provide a better solution to the problem. New projects usually introduce an upgrade version of the blockchain technology which usually focuses on making this technology more useful and easy to comprehend how this technology can transform our world and the crypto space to be specific.

I think they make New Projects every day trying to get somehow Bitcoin or Eth funds and after a time is very possible that they exit scam and run away with funds and never do what they say at the start of project, i think if they do not have a working product and a new solution for crypto better don't create new coins because people will not invest like in 2017.

In my opinion, the number of new projects popping up is a sign that it is good for the development of cryptocurrency. indeed we hope that the presence of a new project can reap profits even though sometimes there are also many projects coming out as a scam.

Since the idea behind blockchain innovative is that so many ideas emerge in lieu of business ideas which we are used to before now, hence a need for these new projects to keep coming in. If we notice, each comes with a unique or an almost close to unique idea In making the financial world better for the poor, average and rich..

The sad part is many of these projects truly can't stand the test of time. It would have even been better if they aren't coming during this struggling season in the crypto world.. Hence, a reason why many of them are exposed the moment they get launched.. So pathetic.

We couls not stop this projects because it came from different countries pf the world and expect that ICO project is essential especially to the community that would like this crowdfunding projects. This is actually in opposite to capitlism to which this is right so small entrepreneurs.

Who wants to have a project to be run by someone and if you have contributed even of you will just be waiting then still you calan profit. Just ask nicely to the concerns of there are questions regarding with how they run the implentation of the ICO projects.

New projects are the new topics now because some are thinking that the new released projects are much better than the past project or the on going projects.as the market has been growing again then new projects come out and this is the way of projects to have a chance to attract investors to invest but not all new projects are good always remember that scam is everywhere.

Very often new projects appear with the solution of old problems. But there are new ones that develop the direction of the Blockchain, they should be sought. Now on top of the Blockchain comes in a traditional business. So the future of our market is promising.

   Or younger people believe that they can do it better. Competition is old as human race, every person wish to make
something unique, better than anything previous.
    Normally not everyone can fulfill high standards that crypto-community have now. Many of new project fall in the
water very soon.

New projects are of course always needed. Because technologists are developing and becoming stronger and stronger every day. It seems to me that the new project is always something interesting and becomes simpler and optimized.

Just consider all these new projects as offline and real world businesses, you will see not every new business or venture os successful so many end and result in partial or complete loss to the owner or investor while only a handful of businesses make it big and make the owner or investor very rich same is the case with crypto projects, we have to be clear about this not all investments will be profitable.

It is just one of the ways to get attention and spread there token/coin under the masses. For the same reason the dev funds allocated are getting bigger and bigger.
Sure there are bright minds that join inn on a project rather then startup one.

most people prefer a good new project because it's still cheap and hopes the price goes up several tens of thousands of percent,
but actually this great strategy is pretty good because it's still gambling,
if I prefer playing safe but the profit is clear and maximum.

Yes, the thing is that it is much easier to steal other people's money(so think criminals,and think that they will not do anything for it) or to promote the project and develop it to gradually,from year to year, the project developed and introduced into society and benefited people and investors and accordingly made them richer,so while such thinking sits in people and will SCAM projects appear,and this seriously spoils the market

Nice say on this. I totally agree. New projects should have new concepts that can address the issues that old projects was not able to. If ever what new projects can you suggest then? Can I have your opinion about Membrana and Beatzcoin? Membrana would soon have their ICO and Beatzcoin will be having its IEO on Binance. Any inputs for these projects would be appreciated.

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.

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.

I believe it mostly happens like that. A group of people see an ico get really good money which they don't really deserve and they say hey, we can take some money too which we don't deserve. So new shit projects popping up

      New projects are essential because we meet daily problems that need new solutions. Unfortunately, most of the new projects are failing because their precise purpose was just to earn some money and to fool investors, being just SCAM projects.
     Other projects were developed later, and the proposed solutions were resolved by other projects. And this may be a reason why the project goes bankrupt.
      The main reason is the SCAM project. These projects believe they could be stopped by having a KYC for team members.

From what basis you could possibly said this?


I saw a lot of new projects that ran without ICO and still running at this very moment. Many of scammy ICO is the project that did their ICO back in 2017 where we had a bullrun, but now I see the crypto space is already mature.

I personally believe everyone wants a piece of the pie and doing all they can to get in on the action. Also, considering the fact that, cryptocurrency seems to be the in thing with massive opportunities and the ability to become even better, everyone is investing in the future thus, the constant development of new projects.

New projects are worth to look at but can't say the same thing for investing purposes. After the failed ICOs it is hard to repair the broken investor confidence in a short time. New ones are not reliable compared to older projects.

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.

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.

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.

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.

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.

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.

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.

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.

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

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.

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

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.

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.

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.

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.

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.

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 !

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.

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

I guess I see all your points about new projects being necessary because old projects may have lost their name and credibility and even if they want to have a comeback it will be almost impossible

For each product there is always a buyer. As long as there is demand, there is supply. These are the laws of the market. Therefore, there are many projects and they will still continue to appear.

Yeah, you don't have the original idea and they might sue you if you have done it without their consent. It should be your own idea and project rather than reviving the dead ones, though it's a good idea to revive some but this only applies to the very usable ones and those that truly has the potential. You will fund other's project that already failed, there might be some risk takers that are willing to do this and won't give up but on my part, I wouldn't do this either.

People tend to feel like they are better than others and the same thing is about the ideas behind the project and working products (if they really are) so they're making new projects and want to push the working product further.

I think the reason is because many of them want to solve our daily challenges, and are only out to scam people, just be careful of any project you want invest

Competition is generally a good thing. Many new projects are copycats and not offering new solutions.
The market will take care and only the active projects with original ideas will survive.

I am a bounty hunter but it does not stop me from saying the truth that I stand for, I am therefore directing my questions to investors, why are investors still making this crypto with irrelevant projects thrive ?

You say bounty hunters are benefiting from it, do you know how many projects we have worked on that, it’s either they don’t give us the token or the ones that manage to give token fails to enter exchanges for years, and how do we put a stop to them from being introduced, it’s a market you can’t control and it will be very difficult to do so, and if you ask hunters to stop promoting, it will also be difficult to reach 30% compliance talk less of 100%.

Because not all projects are the same the solution they introduced using block chain technology are in different criteria, most of the projects failed because they cannot get enough funds to develop the project and some are just pure scam. If the project failed to raise enough funds then bounty hunters wouldn't be paid at all, i know some projects that are already vanished but some people want to revive it but they can't because they don't have enough funds to do it.

To stop introducing new ICO projects, this means that the development of cryptocurrency should stop. This should not be done, even though the next new 80 percent of new projects will show signs of fraud or they will simply be useless. But there will remain another 20 percent of new projects that will further develop cryptocurrency and for the sake of this it is worth doing everything. Of course, at the same time it is necessary to improve the effectiveness of ICO projects and get rid of fraudulent projects. I think that only government regulation of this type of activity can do this.

But they are not,,, not all. If you recall one of the big problems with ICOs is they were doing so much promotion and so much marketing,,, and all their bounty hunters were doing the same, yet many ICOs could not even raise 1% of their funding required. In fact most bounty hunters were complaining their rewards were worthless or some were not even getting rewards. So this is the truth. Bounty hunters brought no value, but anyway people also did not want to invest money into hype any more.

The percentage may be even higher. Nowadays more than 90% of these "new" projects are either copycats of the old and established projects, or outright scams. And I am not sure whether the bounty hunters benefit from them. In many of the cases, the rewards are not paid. And even if the tokens are paid, they will be close to worthless.

I think we need more new projects to advance in crypto space, I believe we still need more heights to reach and new projects is the solution ,better security is needed and more better advanced projects excluding the copycats

90% of coins out today don't bother to introduce projects that are new to crypto ,all they do is copy the old ones but we have few coins that introduce something we haven't seen before ,for example veil project and miracle tele

it's true the problem now is that there are so many fraudulent projects that to choose a project to become an investment be careful if you love your money

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.

the cryptocurrency business is jut like any other traditional business. there will be something new everyday, just like there is always new startup when you check the industry of non-crypto business. and also the same, most of them are failed, and some of them turn out to be a scam, this is common in any filed of industry, and crypto is not an exception. The thing is crypto currency and blockchain are one of the most emerging new comer in the economic industry, so it seems like the amount of ICO, STO, and scam project are overwhelming.

now the thing is if you said that 80% of ico project are scam, and the bounty hunter still get benefit from those scam projects than you are wrong, if the project is failed or even scam, bounty hunter is just wasting their time.

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 agree, I think that the number of projects will only increase, the market is new, there are few projects from the real sector, the cryptoindustry is going through a certain phase of growing up, and I believe that there will be many professional teams and projects in the near future.

That's nonsense.
No new projects would mean no interest in Bitcoin which would mean it would be worth next to nothing, alts have been a tremendous force of growth for Bitcoin, I would say Bitcoin only proven utility is buying other cryptos right now.
Besides competition is good and healthy, it pushes people and entities to innovate much faster and produce much more work.
The only problem with the increasing number of projects is that it becomes difficult to really embrace the size of the sector and some legit progresses are eclipsed by the marketing noise on the short term.
On the long term it's a win for everyone though.  ;)

Introduction of new projects without actually thinking of managing the existing ones is mere act of greed on our part, I mean the crypto users. In one way or the other we all contribute to this. I concur with your opinion to stop the new introductions and try concentrating and improving on the existing ones.

New projects come every day, technology is developing, and when the blockchain is always not enterprising, it will be replaced by new technology sooner or later, I think new projects are needed. I am referring to the technology that really changes the blockchain pattern.

Why there are always new companies? Blockchain technology is fairly new and some companies want to incorporate it into their projects. The problem happens when a company really doesn't have any benefit from using blockchain technology and issuing a token or coin. So for new projects first ask yourself if that project really needs a blockchain.

Don't worry, the new investor will come or they already comes to the market and they already buy many coins since the last year. And now, they only need to wait for the reverse of the price so the price can increase higher and the investor can sell their coins.

Many new projects now just use the idea from the other project, but then they modify to be different but have the same idea. We could see this in their whitepaper, they almost have a purpose why they launch the project, but the main idea will be the same from the previous project. So you need to be careful with the new project and make sure that you can choose the right project.

It will be replaced by many ambitious one that wanted to be more useful and promise to deliver, new projects will keep showing up because developers mindsets always looking for possible changes and opportunities to a much wider venues, new projects are keep finding ways to developed system that will have real usage to help an lift the payment process, referring to the real project and not those copycat which only created to scam and take investors money.

It is normal that new projects comes up every year and new projects released now are thos project that have been wait for the right time to release.They wait for the market to rise because they know that the project has more chance to succeed ,as investors will go back on cryptocurrency their project will be one of the investors to see.That is my views on the new projects now.

The result of the scam from many projects was that they were not able to develop and were not accepted by the community so that the project had no progress making it incompatible with the scheduled roadmap.

many ico projects are coming out but be careful because most ico releases are also scams with legit but few just because before many ico projects are coming because they want to share the good opportunity of their project and if what are the benefits they get from using their project but not all the ico projects are good so sometimes most icos are becoming unsuccessful because their projects are bad or do not satisfy for investors there are also beautiful projects but it does not reach their hardcap but softcap only but it's good not to lose their hard work in investing in their projects.

Why release new projects, it may be necessary to improve existing ones? And after improvements, if necessary, to carry out a bounty campaign.

they just want to build a new sector to get more money. if there is development of the old project it's better, but if it's the same, it won't be anything for the next development. because the market is the one who will judge, where the competing projects in the market are the ones who will survive.

In building a project, it must pass very mature considerations and of course need a team that works in it, so with the idea of ​​buying a number of failed projects then we turn it on again by giving a new program which is a wrong idea because everyone has another running program of course we have to master the system.

Ethereum was created in order to bring more opportunities in the crypto space, many blockchain 3.0 were created in order to offer high TPS etc. So every genuine upcoming project is meant to solve a pressing need.

yes, there is nothing wrong with the idea that you have thought, but I think it will have an impact when offering it to re-run projects that have experienced this failure, even the bounty hunters seem reluctant to return to participating in the project because they already know the previous reputation has failed when it first appeared.

the success is important here because the existing currencies also had no development from the market that's why the new projects also important to play an important role if it was successful then I surely say it has used place and fat here.

but not all projects will be like that and there are still some good projects that can provide results for us, so we must be good at choosing the right one.
more and more new projects are emerging so we have to be good at choosing, because not all are good.
and if the team can run well the project will probably succeed.

In real economy a  big percentage  of startups fail as well, so it is nothing  wrong with many new projects on the market. Competition will make the best ones to succeed only and the market will validate them.

Thanks for this. If people can stop and ponder, this crypto space will be a great place for all. New projects are just too many these days.

we need to understand some things because all the new projects are not been worthless there are some good products also being possibly happen in this time we need to appreciate and accept it then only it will be that economic changes at the end we don't know about the future so we need to accept everything if it was good.

I do not understand why people make similar projects already existing and known. such teams are immediately doomed to defeat and they have little chance of success, they are almost there. It would be better to come up with new algorithms and solutions to existing problems in crypto.

that means there are still around 20% that are running and are likely to succeed and that is the reason I am still here, which is to look for the 20%, although it might be very difficult because I have to look for a lot of bad projects but I don't think that's a good reason to give up and I hope everyone also thinks so that crypto, ICO and other projects will continue to exist

I consider it part of the growth of ICO, and the positive impact is that people are increasingly aware that Crypto is the solution for the future.
The project seems to have failed, but there are still projects that focus on developing it for the future.

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!

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.  ;)

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.

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 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.

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.

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.

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.

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.

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.

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.

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

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.

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 .

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.

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 .

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

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.

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 think that only applies to a few projects. because if they think about the progress of the project they will also definitely run their project, because they have already gotten money to develop it. but if in the beginning they were just for cheating, I think there are a lot of projects like that now.

Many projects do not know how to really solve the problem what they introduced in whitepaper, they are not skilled enough. And in a times of a deep bear market the sentiment for creating something revolutionary is not as positive as we wish to be.

Old projects were introduced according to the high market price of crypto and now those ideas are old and not acceptable. New projects have taken care of current market needs and situation.

I can't actually get the idea of proposing a new project that is already present in the market. What are they trying to do? Do they want to battle the existing one ? I think that's a really hard thing to do especially that the existing ones have been established and dominating the scene already.

We know there is maybe hudreds of thousands of project on the bitcoin/cryptocurrency world now,and new projects kept on failing to achieve what they have planned,maybe because that their project has a similar project thats been there before the new project so users will not invest there and the new project will fail because a project with same aim already existed

with the emergence of projects that increasingly make the crypto world more alive but, all the projects that come are not projects that really run, there are those who scam, so if we want to take part in a project, choose wisely to get good.

Well i think new project sometimes bring a new idea to cryptocurrency. I always want to know how they want to apply their idea to cryptocurrency. But most of new project cant survive with this condition. I will support a project that can give me a profits. No matter if it new project or not.

What a very rediculus idea and thats againts the purpose and function of cryptocurrency we are promoting decentralization and freedom, just let everyone do their purpose and idea as long as it is true honest and promising, and im wonder why did you droping name about bounty hunter thats how ironic that you are wearing a signature of a current ICO project.

We all know that even in the past few years cryptocurrency has fallen on its market many projects have gone through and it is no longer a new thing that if in 2019 many projects will come in handy now they will improve the cryptocurrency condition market so many more investors can invest in their project and that's the difference and advantage of the new ones.

Competition is good, but do not forget that each new project should bring something new, and if there is an opportunity to improve an existing product (with minimal investment), then why not do it?

Projects are born daily in the cryptocurrency space and every project strives towards achieving its goals. Its true that most of the project don't achieve their goals and end up becoming shit or scam project but it's important to know that no project is assured of success from inception. The successful projects we know today, may have been called shit project previously.

Coming from another perspective, its agreeable that despite the unemployment, poverty, famine and war in the world, people are still giving birth. The population is still increasing, despite the fact that the government are finding it difficult to satisfy the citizens.

The lesson is that everyone has the right to strive for the best, irrespective of the problems and challenges of the market. You never can tell, if the more successful projects are  still in the formation stage.

The need for new project is that everyone wish to have their own project in order to make money even they know that the project will  not succeed at the end. The reason why bounty hunter are promoting new project is because the existing project that have been known are not ready to promote their project again because is will just look like wasting of money.

Each person's needs for development are different. Most bad projects will often have to die because it is not competitive. In the financial market, there will be winners and losers. We should not blame the failed projects, blame that we did not invest well. I still support newly developed projects.

It is kinda connected with economic and social networks. New projects should research the gaps in the current economic system and find new, feasible solutions. Economic models are useless if someone wanna combine the best parts of each system.

There are a lot of scams in cryptography, because they can easily hide with money and they will not have anything for it, this is a big problem for us. But new projects must appear to get 1 quality project must appear 10 weak who will die.

I think now this year, there are also many ICO projects that have sprung up, for me the development of the krypto currency has also grown more and more every day,

The development of cryptocurrency occurs but the adoptation are moving too slow, adoptation is all we need this time and now, those evolving project day by day wont take place if the acceptance isnt given by the goverment to this kind of industry. Every team has their own uniqueness to their project that may help the community, also they need to be honest to the people and to the investors for their further success.

I think this is very difficult to do, because everything depends on the developer. The average developer wants to make his own project and not be from someone else's project. I agree with your argument, to improve and develop a failed project, but that seems impossible

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.

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.

to gains with more on lodge of value on appropriation as offering option of service for public audience, and manage to established company with resistance to deliver request of clients with more on work with the modest tasks of scheme with qualification.

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.

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

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.

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

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

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.

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.

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.

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.

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.

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.

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.

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.

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

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.

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

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.

In as much as new issues keeps coming up, thus the need for new projects keeps coming up too. Every project promises one thing or the other, but as have been seen nowadays almost 95% don't even fulfill their promises as they are out for the money, but those who try in solving underlying issues are actually the right projects needed both in this space and the world at large.

Its all about the market competition since the cryptocurrency and blockchain technology is on mainstream. A new project is created that offer to solve a real-life problems much accurate and faster compare to other project that has same concept which is already available in the market.

but many of the ico projects that failed last year will disappear as if they were swallowed up by the earth and for now it might be nice if they fail in ico they can try better if they really have a good project.

There are always updates from every new project that comes to crypto. Of course many blockchain projects have the same field. But they bring different teams and ideas. To be able to compete to get more users and move forward, a mature strategy is needed.

Everyday we have new problem and everyone wants to create a solution for it, and also there are new discoveries. So that is why new projects keeps popping out. But we cannot deny the facts that there are many projects that are just scam and we need to filter them, report if found scam with some valid evidence or create a scam accussation thread.

There is always room for a new project if its proposed niche and solution uniquely satisfy a sizable community. Unfortunately, many of these projects re just out to raise cash for themselves and have no intention of adding value to the space.
 

The majority of the new projects are just to make quick or free money from investors. If I have my way, similar tokens should be merged to decongest the market.

As I understand, for more money. If you look at the scam projects, even when the evidence is found, they always continue as they are. And this is the last opportunity to scam people. Continue until the end.

Today, of course, there are a lot of new projects. But among this set, it is very important to find promising projects. It is important to make a qualitative analysis of the project. Look at the team, on the experience of the team and the advisors. Check out the white paper, road map. Very important is the uniqueness of the product that offers a young project. If the verification of the project deserves your trust, and you intuitively feel that the project will live. You can invest in it a little of your capital.

I think it will be a good idea to  collaborate with coins that are failing in the market. It means established coins should collaborate with failing coins so as to make their team strong and do much better in the market. It will also allow competition in the market and make the market concise in terms of the number of coins. Unnecessary and failing coins will also have a chance to stay in the market as well.

A good way for me to revive Crypto is to grow investor confidence. Many projects failed because they failed to raise funds. So we have to work hard to make these investors invest again. If the condition of the Crypto market can pump high, I think more dead projects can rise again.

foster trust for investors to want to invest again, but what do they think about how to grow their trust again? they were no longer interested because they lacked trust in the new project because of various negative things that happened at Crypto.
Is that bad, I think there are still some good projects that can work well, so they have the opportunity to make a profit and not everything is bad.

i think the old project got collapsed, and then the same people make different name and rebranding it, so its look like new project.

A project that has lost the interest of people through its failure may be difficult to revive again even if it was bought back, people will only be looking for opportunities to take their remaining investment out and not care about the project, except maybe after buying the project, they change the name and some concepts, and would not retain nor recognize the current investors already in it, which is no different from just opening  new one entirely, in opening a new one again has its repercussion, if they are still coming up with the same product not strong enough to attract the interest of no investors alone, but of end users too, they will still fail woefully.

Yes we know that there are good projects amidst the bad and scammers own, which if we take our time to do proper research, we will get these ones out, BUT the major ball of contention here is that why the need for new projects when the existing ones that are good are struggling for existence, can’t they team up with existing ones to better a particular project, especially the ones that have virtually similar interest.

Secondly, must a project even come up with a coin? Is there any need for their own coin, when we all have one common interest which is to fully develop cryptocurrency, we should have just focused on one coin which is BTC even if we have different projects. Let’s take Dollar for example, we have so many projects in this world that has been using USD as major currency for transactions and have never collapsed. Why are we now being divided in crypto?

New day, new advancement, new discoveries, new knowledge, new detected problems, this are all the reasons new project won't stop been introduce daily, every project was created to solve a particular problem, to advance a particular thing, so introducing new project almost everyday is good for the development of cryptocurrency.

I think when a project started due to various types of problems a project couldn't successful. But to rectify the any old project born a new project started day by day.

This was the point I was trying to make but due to some of the replies, reputation matters. And if the previous teams lost their reputation, it would be hard to rebuild the platform even though new team's are added

In my own opinion, I do not think emergence of new projects in the crypto space is a bad idea. Although, so many projects that are existing already may not really be bringing the expected results to the bounty hunters or investors but this should not stop some other new projects from coming up. I believe that if there is existence of new projects,  it is  very much possible much possible to get some good and profiting ones from those new projects. So many projects are actually emerging now with an impressive roadmap for product development which will definitely benefit both investors and bounty hunters. Hence, I am in agreement with the evolving of new projects in crypto operation.

Every day every year there is never anyone who forbids when they want to build a new project. Because that's the name of technological development. So you should never be surprised if there are many new projects every day. Every new project certainly has a vision and problems faced. If the project cannot compete, of course it will fail by itself. All projects also have the same potential to be successful. All that depends on how the project works.

Let's take a look at it like this either in blockchain industry or conventional industries, there will always be continuing creation of new startups with different kinds of business operations but this does not mean all of them gonna succeed. If this continuous innovation stop in the industry, what it means is that the industry will start dying slowly. So regardless of scam projects or not, not all created crypto startups gonna succeed the same way it is in conventional industries.

Well, you have a good reason for saying that but not all projects have the same concept. There are thousands of projects out there but they are for sure different from one another though there are those that have similarities but only differ in some areas, this type are sometimes being outgrown by the other and the project does not progress or fail at the end. It is sad though, that because of too many projects that are failing the trust of investors are getting less each time so crowdfunding is getting a bad name too.

Your idea is good but difficult. This industry is very large and many countries participate in it. So it is very difficult to implement and we are more focused on good projects. Investing or doing Bounty has risks. So if you are in doubt or afraid to be able to invest in existing coins.

The reason for a new project,  as an individual everyone has a structure plan. And investor doesn't just sponsor ome project,  they spread out to not to put all eggs in a basket. Similarly most project don't have the same usecase, interfaces And same plans. The most important is to invest wisely.

There are people who want to make money like others did and they want to be entrepreneurs, so they launch their own projects. Human nature!

You are not wrong in your thinking but when most of those people that are making all of those coins are only thinking in ways to make money for themselves then it is easy to see why they do not want to collaborate with anyone or to take the code from another coin and try to build something out of it, so as long as people keep giving money to unprofessional projects out there we are going to keep seeing the same happening but you can avoid that by just not investing in icos.

Until now there are thousands of project tokens that are still ongoing and the project is still ongoing, but why are there still many new projects emerging? because we play on the global market so there are many people who want to develop their ideas to run a company in Crypto and in this way they can build a company, maybe we better be positive with many projects so that competition will be even greater so they consider everything, maybe if the whole world uses crypto, thousands of these projects will also come back to life.

I agree with the statement that 80% of the projects are not going well and many have ended in scams, but we cannot stop them by banning new projects from entering this forum because we never know what the project can do in the future then all we can do is choose wisely so that we are not caught up in a bad project

Crypto isnt just for you, not for any single people around the world. It is for everyone that love crypto. Anyone that want to be part of it. This is the true nature of crypto currency to stay us connected to each other and make progress in economy. Why a lot of projects? Because crypto is getting introduce to around the world. Companies see this to make a wide range for their product. You cant limit the token being created. Every company can have its own product

it would be better if everything was tightened, I mean there must be a filter or high requirements so that a bad project cannot enter, one way is to give severe penalties to scam players, so before the project registers then all teams and everyone involved the project must provide their personal data so they don't dare to do a scam because if they do that, then there will be police who will arrest by tracking their data

This is not as easy as you say if they buy a failed project, they risk their name, so not many people do this, maybe only a small number, or projects that are already very well known so they dare to take this risk.

Well it is very simple to really see why projects are introduced everyday. It is because they, the developer or the team sees that there is a great opportunity for earning money in an ICO. So these people are trying their luck, not thinking that there are too many that are as well planning the same idea as they do. Money is a great driving factor and everyone wanted to get rich easily. So that their exist a competition between all new ICOs. This divides the existing investors making them all a competitor even when the project is not even the same in terms of product or service. This makes it difficult which results in failure of the project.

If this can be implemented then surely it will lessen the possibilities of people who will scam the investors, developers who will willingly provide all the details about their personal information and the business that they have or works that they are affiliated with, not just those we already seen from the
team where it can easily be faked.

Teams without hesitations answering all questioned that can easily removed investors doubt are team that really deserve creating new ideas
that will work around this industry.

Well, people find making a new project is profitable that is why new projects keep popping out. As you can sew we currently have a lot of scam projects, a bunch of shitcoin and only a few with real product and use case. If this goes on, more and more project will keep popping out, and might hurt the whole crypto marketbecause of scam. So, I urge investors to choose and not only consider profit when investing in a new project.

Most of the new projects that already have their products and perhaps are looking forward to further develop them are trying to avoid wasting their time on ICO, rather they prefer selling their tokens through IEO. Despite all these, most of them tend to be traded away and later plunge.
In my view, I would suggest that no matte the number of projects being lunched, no matter how good they might appear and no matter how convincing the whole circumstance surrounding them is, we should create time out of none to carefully study them .

New projects may not necessarily fail, we must see from other potentials, if indeed there is no information that supports us, we can leave the project. because there are new projects every day. we only need to choose the best.

Probably in new projects, people find something new and promising, but I am not in favor of this. I would make a choice in favor of projects that have already managed to collect a lot, so I think that there really can be earned. But this is usually just my opinion.

We must see from a lot of perspectives, it's not fair to judge a new project from a perspective and then when it becomes a successful project and we will regret it. Remember almost all of the major platforms have started from nothing to something.

Because they are more perspective that existing projects. Just think about the possibility that those tokens that went live during the falling market and have not lost a lot of value, would do on the raising market.

Existing projects already have experience in this market, and as a rule, the experience is a very important factor on this market.