Question about new projects

[TheGreatPython]

All the organizations you made notice are amazing associations that don't perceive any necessities in making their own tokens or coins, for what reason? It's the reason we should be cautious with new tasks, this is on the grounds that cash is in crypto that is the reason we continue to see new activities, practically all new ventures are here to exploit financial backers

Yes most of the projects that are being thrown in the market are mostly scam and their sole purpose is to create some hype around their project and juice out the maximum possible profit from naive and new investors.

Crypto is a money making tool for short term only, this is the way many viewed the whole idea, companies takes years to grow but in just two years you can become a millionaire if you build a token with a good use case even if you later plan to abandon the whole thing so my friend don't expect devs in crypto space to be damn serious, just do research and go for stronger projects only

Indeed and most of the tokens right now have a small life cycle while giants like PayPal and others are here to stay for years. One reason these projects don't stay for longer periods is because there is a specific reason these are made and once the purpose is fulfilled they gradually die of their own. New projects then come and this cycle goes on as it is going now.

[Nolimitz84]

Why do almost 90% of the platforms introduced through this forum have to create their own coins and tokens immediately?
What I've learned about the founders of giant platforms like Paypal, Alibaba, Google, Twitter, Facebook, etc. is that they don't. They just make a platform that really hopes it will be used by people around the world without creating tokens to attract investors early in the journey (maybe they did but it was privately so that in the end we only heard the story). So that when their platform becomes a well-known brand, the money comes naturally through big investors, sponsors, and partners from other well-known figures/brands.

In addition (funnier), platforms with social and community bases that have no purpose or solution to the financial case must force themselves to stay in the mainstream by tokenizing their services which in the end the token creation itself becomes useless.

Why don't the current projects almost all follow in the footsteps of existing famous brands?

The answer is obvious. We are on a cryptocurrency forum. Accordingly, all projects here offer their own token. On the other side of the coin, there is a huge number of startups that do not and did not have their own token.

[TheUltraElite]

Of course, developers create tokens to get funds to develop their platforms. Crypto has many users, there are small and large investors. By creating tokens for funding, small investors can take part in project development. This is a good opportunity for both.

I agree that it can give an impetus to small-cap developers and small-cap investors but these are only minor profits for either of them. The crypto sectors are saturated with lower number of possibilities that can be developed and unless something goundbreaking tech gets developed it will be like this with bitcoin being the top and ethereum close to it. We do see mainstream companies get wiped out with time and similarly shitcoins get wiped away from trading volume and get delisted.

Opportunity is there no doubt, but the number of actually working projects that have been able to develop an MVP and fund themselves enough to continue developing that is very small.

[kindbtc]

Why do almost 90% of the platforms introduced through this forum have to create their own coins and tokens immediately?
What I've learned about the founders of giant platforms like Paypal, Alibaba, Google, Twitter, Facebook, etc. is that they don't. They just make a platform that really hopes it will be used by people around the world without creating tokens to attract investors early in the journey (maybe they did but it was privately so that in the end we only heard the story). So that when their platform becomes a well-known brand, the money comes naturally through big investors, sponsors, and partners from other well-known figures/brands.

In addition (funnier), platforms with social and community bases that have no purpose or solution to the financial case must force themselves to stay in the mainstream by tokenizing their services which in the end the token creation itself becomes useless.

Why don't the current projects almost all follow in the footsteps of existing famous brands?

This argumemt was also made against exchange based tokens but we are now seeing that those tokens are performing really well especially the tokens from binance, huobi and okex are making great moves and not only providing utility and benefit to trders but their investors are making profit as well.

[fia_naila]

The reason :
1. Because this is not company like amazon, facrbook and microsoft this place is for decentralized project for decentralized organization.
2. Sometimes it can be used to make a pump and dump to make profit for the community untill the platform is being used by community.
3. The project is opem source project, so if you want to.help them you can put your money and in return if the project succceed your token or coin can be sold 10-1000x ( ethereum, cardano,...)

[TheUltraElite]

Yeah tokenizing with new coins or tokens seem bizzarre to the users but it is basically a need now a days to create internal ecosystem and also give control to project owners alongwith financial power where they can liquidate their tokens as and when required for the development or promotion of the project.

The tokenising craze destroyed the altcoin market and you still want more of it?

Tokens are not equity shares and that is where the biggest problem lies. Those who lack the knowledge of basic stock market trading and entered the crypto market with ICO craze got stuck in this never-ending cycle. The token owners may sell away their lots and delist the tokens from exchanges while investors will have nothing to sell on. That is why many developers leave the projects after a few months and development comes to a standstill with the lack of funding for the project to continue.

That is why new projects that started never became anything big.

[SacriFries11]

Why don't the current projects almost all follow in the footsteps of existing famous brands?

I think there following the footsteps of what the btc made which is the first the creator released here in this forum and the creator itself made this. The concept and the origin of how the decentralized projects launched is come from this forum. They also need founds to release there project so they offer ICO, ITO and other concept to conceptualized there project and to raise funds so there project will have a prototypes. Unlike Paypal, Alibaba and other companies they don't need it. We are in form of decentralized and it's uniqueness makes cryptocurrency different to existing brands.