Bitcoin Forum

Hello there. What I have noticed these days - there are more and more solutions being brought to the market, however every particular one requires deeper analysis. And what I always pay attention to - practical value and benefits for users. What makes sense - there are pretty young and bold solutions even on the industries with large key players. For example, my latest discovery is Sapien network that is entering the social networking industry with a truly advanced working product. I am also wondering to know whether you are having also any examples of the solutions that are young, but promising and with real value

We can easily say that these new projects coming in are 'promising' but in the long run we can't determine how long they will last. The projects that are existing now, well they are good as long as they have been following their said roadmap.

But, many of them really doesn't follow it anymore. The longer the project exists, this can easily give you an idea if they really are promising.

Also take note that those kinds of solutions is risky on investing.
It doesn't mean if you just found them as advance working product they are good, you should also include the uses of them and try with different use cases.
Because there are different type of users will use that solution.

I don't wanna talking so much about that. i have watched sapien network from when the ico was started in the past and there was no a lot of progress in the past. The team keeps develop a crap idea and that didn't even help the price of the sapien token. Social networking is not something really needed in the cryptocurrency.

Dude, that's not the same with what the fact of the sapien product. Only small users but i don't even know if they are still using it or not. As far as i know, if sapien is the worst ico in 2018. I can't even get what do you mean about a problem needed to be resolved because sapien is not even solving anything.

IN my opinion there are no recent projects with real usecases. Only trash

In my opinion, a truly promising project does not exist. Because all of the above will come down in its time. There are only 'profitable' projects. So I think projects that can generate profits in the short or long term are the solutions. Because some people I know, they invest because they are tempted by the profit, not the technology behind it. And for the real use case I think it has to take a very long time to get there, in the sense that it can be used by the majority of people in the world.

How a project will work out in the end it's all on the team backing the project, no matter how the idea is if the team are not very smart with their decisions they will lack far behind, believe me bad team have got many ideas buried

There are many young projects like sapien but you can only get them if you do research on projects listed on Coinmarketcap, always have it at the back of your mind that technology behind every project is important not how profitable they are presently

I doubt there will be one to answer you accurately.
There is this fearful emotion in which people would not like to be blamed on whenever they offer something.
I have that kind of fear.
I can tell every project here which mostly look like they have a good future but in the end you will decide it without blaming us.
Good luck looking for one.

So far I have not been able to find an example of a solution like you said above. however, I have a different view. that lately very few industries have good potential in the long run. in fact, many industries only prioritize short term profits only.

Now, many projects look promising and many people think that they can really bring a lot of benefits to people and the cryptocurrency community. but I already got experience and I want to advise everyone that you do not need to believe in one project or a social network that seems very good to you. Do not invest a lot of money in one project because you do not know what kind of problems may arise in the project. it is a very young and unpredictable market

Almost no new project is offering some value for customer and has no working product. Even if you have a great whitepaper, it is not more enough to attract funds on this market. You need a working solution to succeed in a token sale.

Each of these words must always be accompanied by research, if I may know to what extent you have already made research? so dare to say that there are no recent projects with real use.

The project now offers many products that they have promised with the product, we can enjoy the benefits, are you feeling that? Remember a lot of projects now can not occupy promises according to what is on their road map always what they want especially with the social networks they offer we need to see its development going forward because the project that runs for 2 years in my opinion has not provided any benefits especially in the real world .

There's really a lot of new projects in a growing community of Crypto holders, but adoption is a very hard to process for these new projects, as the industry is evolving, they should also evolve and not be complacent, it's the battle of the fittest for these new coins and new projects, and the one that is going to survive is the one that can keep up, if they cannot they will end up a dead project.

The problem with the new projects here are they are all imitations of the previous projects and just making some money thru crowd funding. Real solutions are happening when the project showcase what is needed to be demonstrated. Not all projects have this aspect which is why they are still not adding benefit to the community.

Yeah Sapien is a good project that I have been watching closely from the beginning. But the Sapien team has to focus on marketing parallel to platform upgrades. If you have a product then market your product.

As far as I know and I am also a GET protocol fan I can say that GET is generating revenue, has real use case(ticketing), real solutions(ticket fraud, secondary market). I would advise you to have a check on GET protocol. They are also partner with Kakaotalk.

There has been so many social network projects that want to do decentralized versions of it and somehow they all end up to be steemit copies. I am not even sure why would we need another one. Twitter just announced that they are studying a possibility to go full decentralized, and that would be absolutely stunning for adoption and spreading the word.

Only way any kind of these new projects would take off is they could beat the functionality of most social networks combined and even then they don't have the adoption solved and it would end up to be another google+

Indeed, many of them are just trying to deceive you by making you believe into their promises that is quite impossible and it is the reason why up until now many of us are in doubt whether to invest or not because of thinking that it will just end up just like any other projects. We can't change the fact that some of them are still beneficial and profitable but we need to be wise because just like what you have said there are a lot of possible things that may happen. It isn't bad to invest your money as long as you already done your own research because there are a lot of things to consider before investing, it is also one way to avoid feeling remorse about your decision.

Same, I think so too. lately a lot of projects do not follow the flow when it is just launched, as you said leaving the roadmap that was created at the beginning and not what we wanted later on. New ideas and solutions are indeed very important both projects that have been running long, and projects that are developing. in fact at this time most projects to overcome the problem in a quick way that is doing deflation, really this is a controversy and much talked about by people. I'm sure if the project only relies on deflation in the absence of a product of interest or a new idea, the project will die slowly. and it does not 'promise' it is better to sell all tokens when we feel a profit, even if only a little, than a loss.

The appearance of new solutions is already tired of everyone and nobody is interested because we see what a pile of old solutions we left behind. The crypto community will be helped only by joining efforts because the endless desire to surpass each other has not led to anything good.

Many new projects are just honestly experimenting with the blockchain tech, it doesn't mean they mean business either, new projects can be very profitable and can bring huge loss as well

Just checked out Sapien Network... it doesn't look convincing. Seems nothing is really going on the website. Coinmarketcap volume =$37.08 USD. https://coinmarketcap.com/currencies/sapien/  It's almost two years since the social media was conceived.
There are some important scam accusations against it on the internet and here: https://bitcointalk.org/index.php?topic=2739033.msg29401625#msg29401625

Nothing wrong with competition because that leads to better services at lower cost, but the way it happens within crypto or the 'blockchain industry' is really showing how it's not leading to better services at lower cost.

This space is too toxic and people are only interested in filling their own pockets. I some times really wonder if many people are actually interested in solving problems because if that was really the case, we would have done that already.

What problem have we solved so far? Bitcoin has taken care of the money part and Ethereum has taken care of the platform part where everyone can build and application on. Everything else is just noise.

Almost all projects promise something big during the registration period, but when the project is in progress they are all negligent and indifferent to the project, and cause disappointment to the user, so we find it hard to believe in new sophisticated projects because of the disappointment

I look at everyone's opinion and understand that we should not invest in new projects. Everyone is talking about how bad the result is. Mostly true, but exceptions are always present. Right? Anyway, I am uninformed about this project, so I cannot comment on it by looking at the site in 5-10 minutes. But never forget that there are always good ones.

indifferent to the project something that we can realize in terms of funding ,new projects must have more funds to start from the beginning is difficult IMO observe also so far there are still good new projects but not enough funds to start

social media is dying, these companies are 2 years too late on a social media coin lol, sapien is/will be a stillborn
companies that are big are making moves tho, just not in hypy dumb ways like these scams like sapien, check our the cryptokicks nikes making for example
blockchains need to be practical, most of these projects are just cash grabs, sadly most users like you are noobs, and they dont know better : /  

If you don't know about what's the real purpose of this thread and i hope you can understand why OP mentions sapien. This is just another promotion thread. Sapien is a dead project ( development is still running but the team was doing whatever they wanna do with the investor's fund) i can call this one as a scam.

Many ICO and altcoin investing claimed they are have real existing industries adopt and become their partner before coin listing on exchange market, but in fact they have give incorrect information about their coin and not working with any industries, they try to give promise for investor want to buy and invests with theri coin, I think when have coin exist with industries keep higher price.

Agree. The price and volume of the project says it all. You can't really say this is going to have a good future to the project when its not proving itself. OP is just making it like it did have success when its not. I heard about this project before and was also posted by a user who shills it. The solutions that is really needed these days is for token to help adoption.

I completely disagree with you here - pretty new to the forum, however became interested in your commend and made a little research. What I have found out - the real users activity. Have you checked the beta version? There is a button right on the website, so you can proceed and have a look at 100% working platform.
Secondly, the roadmap - have you seen the plans and milestones? From my point of view, strategy definitely allows to succeed much faster than expected. And finally, found stats that there are more and more users on Sapiens

You don't have to search for too long. Bitcoin will initially offer you a nice solution. Didn't Satoshi Bitcoin write a title in the whitepaper with solutions to old problems? The essence of Blockchain technology is already here.

Here the crypto-based project promises to somehow solve a problem. While there are already those who can make these promises in the future, those who fail to do so will disappear.

Also had a look at Sapien right now and agree with those, who are talking about prospects and innovations, because one of the most important points is definitely the milestones and market platform is entering. And after examining Sapien website and documentation, I am sure that they will have own audience that is looking for new paradigm on social networking market. And I have also signed up, so following the solution from now on!

yes you're right, adoption is everything. and be the only solution here.

sapien is good, they have different technologies and innovations compared to other projects. but that's not what we need today. look at their platform users, and try to think whether an amount like that can have an impact ?. I don't think so, because they don't affect the crypto market.

Rooting for a project is good, however, it takes a huge risk. And I want to give a shot as much as possible but they are all ending up achieving their half-way goal, worst is not that leads to scamming people in return. So, sometimes you have to dig in to such project who had proved themselves in the industry already than the projects that just looks promising.

I am very happy because the industry is growing, many have been adopted for various things, and developers are trying to present something fresh as a solution and add comfort in doing activities. Some are really interesting and promising, so they attract investors, but this also requires a process to form a large and strong community. Like Steemit for example, the innovation is pretty good and many follow similar nodules. Sapien is also quite good, the community formed on the platform is quite a lot, meaning that many are interested. The platform is in beta stage, hopefully, this will develop better and add to the diversity of promising and growing projects. One thing we know, all of them have risks if they participate in providing support, whether as investors, miners, or bounty hunters. So, we must be prepared to face the worst risks.

Well, it can also be the matter of relevance and how it is marketed to the public. If it gained enough support from its beneficiaries, it would most likely last and survive the market. Yet, most of the "failed" cryptos are copycat of the old ones so, it is a kind of difficult to be a unique project that will stand out. But it does not mean we should stop looking and venturing these new ideas in solving every facet of the society.

Lately, projects have been unable to reach softcap and a significant drop in prices after listing has driven the majority away from such innovations. For example, when I check out the project you propose, it is a very weak project in plain words, the last 24 hours volume is around $70. The project itself may be more than its value in $, but liquidity is the best indicator of demand.

Sapien Network has been around for quite some time now if am right, it would have been about two years now, yet they have not reached their goal. How am I sure if that will be possible anytime soon, because it is long overdue

They are just one of the social networks on blockchain, and like most of them this one didn't have some success. Looks like blockchain social networks will need to do more if they wish to compete with big players like twitter or facebook.
Decentralized social networks are a nice idea, steemit and sapien are fine, but to grow they need more active people there. After all transparency, user privacy is what this decentralized projects are offering, and that should be good for all of us, we can only hope they will be more popular in the future.

We can't fully blame the project team if the projects not last longer than they promised. Sometimes the investors itself could not be patient when the price of the project's token is in bad condition, they will sell all their tokens and move to another projects. Investors right now are just wanting for quick profits instead of supporting a project to grow.

Many social networking projects besides that I know and not one promising solution because it is still at risk for new projects. Most viewed from the roadmap is very interesting and then when already running the project is not so. Most of the crap and end the coin dead.

Many lists of innovations from many projects that failed and did not fit into the roadmap schedule.
The innovation is only a decoration for new projects because its main goal is to gather as many investors as possible to reap the maximum profit.
Only 20% of all altcoin projects can actually go according to their roadmap and can be used for daily life. The rest stopped and even died because of being abandoned by their followers because there was no development whatsoever.

You are asking it because they are really difficult to find.
Same goes with us.
In my experience if I find one that gets my attention I would not let go until I go deep into seeing if there is a little bit of window for a scam.

If you do that one by one. That will take a lot of time.
Go to the ANN thread of the altcoin section and you will see a lot of altcoins being created with different platform. How could you investigate them all.
It will be a boring work without payment.  ;D

Have you stopped to ask yourself if those new solution are really that necessary?, There are some new solution i see that doesn't technically need a token to execute per se supposedly they're really interested in bettering the industry and fastening the adoption of cryptocurrency they can easily make use of already well established coins like bitcoin and still succeed to implementing their new solution.

Looking at the Exchange industry as an example, everyday new solution are been introduced but they're been accompanied by worthless tokens thereby introducing more shitcoins into the market. Supposedly this new solutions utilize existing cryptocurrency the story today might have been different and we would had have less worthless Exchange tokens circulating the market.

In my opinion, there is no need to reinvent the wheel. Soon Facebook will add Libra coins to its services, which will actually mean that the world's most popular and sustainable social network will use elements of blockchain technology. I also believe that those new projects that position themselves as revolutionary solutions should pass the test of time, because most of them can turn out to be ordinary fraud. Do not idealize projects at the idea stage. Only time can show what they are really worth.

Investor want to get much profit with their investment without waiting for one year or more get back their money, if money project never keep promise with higher price coin after listing they have scam many investor, bad experience with their project at the future because no one want trust again with their project and participated for investing.

Privacy is an essential component of the cryptocurrency technology and industry ethos itself and there is still plenty of room for improvement on existing technologies provided they don't all get banned or marginalized by regulation it would be nice to see some of the smaller projects do better

It will not be the only one not to reach its goal. This is the wisdom of Bitcoin if you think about it. They never set any goals or objective roadmap unlike alts,,, so they have no pressure to build something for the sake of it. Instead, they take on issues that have priority (like scaling and SegWit) and now quietly moving on to other things like privacy issues. No expectations, no pressure, and no rush jobs!

There are actually a lot of bold ideas, not only Sapien, but we also have RET, Credits, EGT, ... all of these projects are aiming for a great product in the future based on blockchain platform. But the bad thing is that the crypto market doesn't need these types of companies. What people are interested in is the money and the profits of a project. It seems to be a speculative culture in the crypto market so even if the projects have good ideas, it will soon die without backup sharks. I used to love Credits with their technology and transaction speed but now their product is doing nothing when the market is only interested in bitcoin.

Right now, there is a company working on a new software that would eleminate all the new for scouting in sports thanks to blockchain. There would be a system where scouts all over the world would get together and write up good and meaning scout reports for all players and put it in the network and that would allow coaches from all around the world look for talent anywhere in the world without having to go up there.

Now, this is of course for obvious differences between players in the leagues, if you are seeing a player that is very good on the scouting reports (and 5-10 different people could scout the same player and write) you still should go and see before you transfer them but it would make things easier. They are trying to convince the scouts to share which is hard but if they share then they will be capable of seeing what others share as well in return as a reward which might convince them.

It's only time who can judge what will be the fate of each project that being offered around this market. No one can ever tell if most of them who
offered solutions really achieved what it's being told. Without investors appreciations adoptions might take place for those coin/s.

New and upgraded offers will keep popping out and whatever the investors brings to adoptions will succeed in the near future.

I agree. Newly sprouting projects are really that promising at the first phase because they do want to attract potential investors and simply to get the attention and interest of the crowd to engage on their project. A lot of them are promising to provide new solutions to the modern problems that requires also modernized solution creating new ideas for new projects to exist. But most of those project solution are not yet really furnished or we can just say a prototype or a beta tester but the idea was already there but need further improvement for successful execution to become a solution. It will be good if the promise will be fulfilled not just for a short term but for a longer time run to be worthy and to last longer to provide greater solution for the existing problems in the future.

I think by looking at the state of the crypto market like this we can conclude that currently there are no new projects that are successful and have real uses. most new projects only want to make a profit but have no use. and in the end the project also could not develop and last long in the crypto market because it did not get investors and ended up as useless junk coins. At present most investors do not believe in new projects.

There are few blockchain projects like sapien network in crypto space today but honestly I found crypto projects based on social network useless because there is really no need for it

Today, there are already dozens of projects working in the real world, including IBM Blockchain for accounting supplies, Food industry - a complex network to track all the shortcomings and defects of food and other blockchain applications. New solutions are needed in almost all technology sectors that process a large amount of data.

I just wanted to hear or read something like this on our posts. This is very encouraging. But we must also reconsider all the facts that every project has good and bad outcome. So the projects can be "promising" but not all are successful. Some are profitable but not all are there to stay. We must support a really promising project to become successful and I think that is the real solution that we are looking for.

The biggest hurdle is that who would be the decentralized token for something like that? I mean if we create a database as blockchain then we are talking about a product that helps an industry (whatever it is) and at the same time has some sort of token or coin or whatever that backs it up, usually blockchain comes with its currency, I don't know how you can build a blockchain without any currency at all and that only complicate things.

For example, banks are now building their own blockchains but they deal with money anyway so they can survive, how about hospitals that put the patients data into a blockchain, how would that work?

most investors do not believe in new projects, but there are also a lot of people who earn good money on new projects. this is just like if you will say that most people in the world do not believe in cryptocurrency, but you and I are now in this market and we are making good money. just investing in an ICO right now is a very risky idea