There is also problems with differentiating the intent of the team; which often many overlook. Is the team looking to create a decentralized system and then go away? Is the project going to be iterated on forever? Is the company leading down a path of profitability? Is the team reliant on their crypto for funding (by selling off supply). Nothing is infinite, thus resources are always finite for systems, teams and businesses who are not profitable. And believe me, only 5-10 crypto's to launch, are actually drawing a profit. Most businesses to launch make no profit and are reliant solely on their funding or selling off of their crypto.
if only 5-10 projects succeed in making a profit.
what about other projects that have survived until now, where do they continue to maintain their project, without profit?
no need to all say top 100.
Then we can get into discussions on how communities perceive the crypto, the token economics, lockups, investors backing the project and etc. There are so many discussions and topics to branch off what really and truly makes a crypto successful, but I personally won't have enough time to cover this very very heavy topic.
It seems like you are a really busy person out there
If you're gauging the performance of altcoins on the basis of this forum, then sure it's a good place to start, but there is infinitely more activity in the alt-coin space than Bitcoin. Bitcoin is just Bitcoin, you know what it is, it won't change much in 10 years from now. Altcoin scene is consistently adopting, evolving and driving forward real progress and adoption. By having hundreds of teams trying to capture niches, we become in a position that they are actually all of crypto heavily. Yes even scam/shitcoin projects benefit crypto, in some regard, through exposure and through eyes who may not have otherwised known what a crypto was in the first place.
yes I agree with this one, because bitcoin is only created as a means of payment and there is no development process other than that.
different from alt, which continues to develop through new coins that come out, although most of them fail.
It's all a maturing process, it's evolution and you're witnessing it all. The most important takeaway, is DYOR behind any project. Do not settle for any bullshit or red-flag. Because in the end, what makes a crypto project ultimately successful, is adoption and useability. Without people, crypto is worthless. Without an adoption framework, crypto is useless.
indeed
In summary, most people and business teams have no clue what crypto really is or what they are even supposed to do with it. Sure you can theorize the applications and have a plan, but more than often there are hundreds of missing puzzle pieces that only the most educated among us understand. Crypto encompasses several areas in the real world, from psychology, computer science, economics, marketing and a whole host of other fields. If all are not met, then the crypto is more than likely to fail. If teams focus solely on real world, then their project is going to fail. If you focus entirely on crypto, your project is going to fail. Balance in every field, from understanding core crypto concepts and behaviors to real world adoption and use-cases.
most of what I see now is number 2, they only focus entirely on crypto.
and has no real project.
can you say an example of a project from the top 50 that has an implementation in the real world or has real performance in the real world.
this post is a bit fragmented, but I wanted to cover several basic ideas. There is a lot more information I could add and this could of been 5x in length; with a more coherent thought process. But I hope the takeaway is that, all core fundamentals need to be met in order to have a successful crypto. This takes both luck, strategy and highly experienced individuals who are incentivized or driven to make their project or crypto a reality. In most circumstances, this isn't the case. Hence the flood of shitcoins with novice and idiotic teams.
ok, this is just my opinion if all the teams or projects do according to the criteria you mentioned earlier or it is a mandatory requirement to launch a project., Will there still be many projects out every day?
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