Non funded projects vs funded projects

[fia_naila]

Project is depend on its developer not fund, bitcoin it self never get funded also Litecoin untill the coin has a value, but there is also funded project which become very successfull like AAVE ( it was ethlend ), another funded project but only small ammount ( ethereum ).

[abel1337]

Project is depend on its developer not fund, bitcoin it self never get funded also Litecoin untill the coin has a value, but there is also funded project which become very successfull like AAVE ( it was ethlend ), another funded project but only small ammount ( ethereum ).

Devs are always the ones who we blame for what will the project become but crowdsale is also important. Having a crowdsale doesn't mean that projects are for the extra fund that will be used in the project but another purpose of it is to gain community traction and to gather community support to hold their project tokens. I know you can compare it to airdrop that gives a free tokens to the community for them to get the support of the community, but project investors put more value to the token they paid and this can make the project last a long time.

[jrrsparkles]

Is it just me or there are many others thinking same thing? Non ICO/IEO projects always have longer life span, where as new projects are all running after funds for better future of their projects, how about those projects that have no ICO, no premine? Some are even funded by the teams without the public penny


There are many old altcoins alive today that are not funded, litecoin, XMR etc, they did no ICO and they rocks.

There are projects which skipped crowd funding programs but it doesn't meas they had money, there are people who wanted to invest on a project if they like the idea behind it who are called angel investors basically the project conducted private sale before the launch of their project into exchanges.

[Eco_111]

Is it just me or there are many others thinking same thing? Non ICO/IEO projects always have longer life span, where as new projects are all running after funds for better future of their projects, how about those projects that have no ICO, no premine? Some are even funded by the teams without the public penny


There are many old altcoins alive today that are not funded, litecoin, XMR etc, they did no ICO and they rocks.

For have coins alive you dont need money, but for listing purposes you cant do much since money is important thing to have listing ticket. So for infamous coin, money is needed mostly for marketing purposes, imo

How about If the team list their tokens or coins themselves? How did Monero and Veil project get listed on exchange without ICO or IEO? It shows that they are more serious about their projects and the projects will have a very longer life, fund raising isn't everything, 99% of scam projects are all ICO funded

I could agree for monero but it's not about veil. As far as I know, if veil was a forking coin from the pivx project and it's almost dead right now. Can we still consider it as a legit coin that could survive in the long term? We could not.
It seems like that if you are a newcomer and you didn't know how POW coin was flooding the market in the past.

I used to have a thing for Veil project too but not anymore, the price is way down and it's development is slow too, lack of mobile wallet is what's affecting veil adoption I believe, to hold this coin you need to use windows or Linux and also sync the whole blockchain, many like me won't like this idea

[Shallow]

I agree as well, you see most times it's easy to run around and play with people's money this is what most funded projects are doing, they get the funds they need yet they can't offer anything good to the community. While on the other hand, when you fund a project with your own money, you will take every needed step to ensure your money doesn't go in vain, this is why the team non funded projects today keeps working on their project to keep it alive so that they can get the best out of their investments. Nowadays, we hardly hear about non funded projects but more of funded projects yet there is nothing to shows for it, it's either they exit scam or the project ends up dying.
Furthermore, one of the reasons why non funded projects last longer is because the use case is always applicable and most times if not all the times, the team always have a working product before listing.

[poodle63]

The difference is funded project usually takes off faster than the unfunded project. You just don't know how long the team from an unfunded project has put their efforts into that projects meanwhile funded projects usually grow and scales faster.

At the end of the day it still depends on the projects team though, usually a project that aims higher will requires funding. It's just how the developers and the team behind that project approach things.

[DrBeer]

I agree as well, you see most times it's easy to run around and play with people's money this is what most funded projects are doing, they get the funds they need yet they can't offer anything good to the community. While on the other hand, when you fund a project with your own money, you will take every needed step to ensure your money doesn't go in vain, this is why the team non funded projects today keeps working on their project to keep it alive so that they can get the best out of their investments. Nowadays, we hardly hear about non funded projects but more of funded projects yet there is nothing to shows for it, it's either they exit scam or the project ends up dying.
Furthermore, one of the reasons why non funded projects last longer is because the use case is always applicable and most times if not all the times, the team always have a working product before listing.

The prerequisites for the "incorrect" development of financed projects - in the absence of a legislative base, ample opportunities for fraud and financial crimes. And of course, such a market always attracts criminals, or at least people who are "not clean on their hands." If you recall, 2017-2018 was the hottest season, when funds were attracted by all and sundry, and projects were released without even the slightest imagination - simple copies from a copy ... But on the HYIP, extras carried money to any project with a beautiful title, and it was only necessary to make a wallet and "roll it out" to the stock exchange - then people themselves pumped the project, someone earned, someone lost ... At the same time, such a model of behavior was absolutely unacceptable for those who decided to really develop their project

[Bitbtc8]

The only way for a non funded project to grow big is on the team, they have so much to prove and also work on winning investors heart, it won't be easy unlike IEO projects that relies on top exchanges investors to meet their target, on binance there is assurance of meeting your target

[isaac_clarke22]

~

Well because from the meaning of the acronym, red flags would already arise anyway. Getting investments from people before the actual launch of the project is surely risky as hell. At worst, they end up just getting dumped after the launch unlike the mentioned coins in the OP.

[hahay]

Maybe because there are already many projects with existing competition, then they need fast funds to be able to penetrate the market quickly too. Every era has a change of habits and I think this is what happens, when growth occurs and any idea will be good and will last for a long time with high enthusiasm in the past. It seems different after many projects require funds, at least they are only looking for quick profits but unfortunately it is inconsistent to continue to develop their own products even though there are some that are successful and consistent, but that's not all.

[lixer]

A project is not good depending on just the funding process. You could have a good project that is not funded or have a good project that is funded, you could have a bad project that is not funded or bad project that is funded.

It doesn't matter if it is funded or not, it just matters if it is good or not and how it could be good depends on just two parties, the team behind it and community around it that's all there is. If the team is not filled with scammers, if they actually work and want to make this a great project 50% of the situation is done, if the community behind it is also great that would make things a bit more awesome and fill it with 100%.

Without a good team you are going to have a lot of people scammed, without the community you are going to have a team who works for nothing. That is why I think it is quite important to have both.

[Zeehaxan]

Is it just me or there are many others thinking same thing? Non ICO/IEO projects always have longer life span, where as new projects are all running after funds for better future of their projects, how about those projects that have no ICO, no premine? Some are even funded by the teams without the public penny


There are many old altcoins alive today that are not funded, litecoin, XMR etc, they did no ICO and they rocks.

Most of these projects that do not raise funds publically do have other sources of funding like private or venture funding while some develop from the pockets of founders, developers and team itself but keep in mind that they do cashout later by selling their supply of coins in the market that make them big profits as well.

[DU18]

It all depends on the circumstances, our world is built on money and business. Now the situation on the crypto market is that it is very difficult to start without a lot of funding but 5 years ago so many successful projects started.

of course there is quite a big difference between now and 5 years ago, and this is because the trust of the crypto community is still maintained in the existing project and maybe 5 years ago crypto is still a hype for people who want to invest whereas now We can see how many frauds occur in crypto projects so that it makes some people reluctant to invest and of course this has an impact on the death of a crypto project that does not have sufficient funding to run the project roadmap.

[cabron]

Everything changes now that scammers knew how people in crypto space react, some might think its okay because it a non ico project but a large percentage are premine will be a big issue.

Scammers motivation could be for a long term too. There were tons of them in the past but after 2018, they simply just run.

[Justin999]

Situation is changed and ico or ieo are trending system at this moment to collect public money.cause nowadays project are bullshit, just planning to grab our money and run away from us and then keep their same work continue. Funded projects are also same. They add their token on exchange with their money and start ieo so that they could grab get double return and run away. So choice the project carefully, no matter funded or non funded