They Must Evolve or Die!

[Rikitikichik]

Many alt coins just conduct ICO, collect their bitcoins and leave the project. Investors have been gullible and now learning lessons the hard way.

but that's ill thinking. Many great ICO's are executing their products. Investors (I like to say - contributors because ICO is not an investment tool) need to differentiate ICO projects to: Utopians and to promising ones with business models.

[1715082433]

1715082433

[1715082433]

1715082433

[1715082433]

1715082433

[Marry Finch]

Currently, ICO is conducted too much and a significant part of them are producing obviously unpromising coins that are depreciated as soon as they enter the exchange and never rise in price again. Thus, the market gives a good assessment of the created tokens. The assertion that such coins should either develop or die is absolutely fair.

[raiblock]

I see a lot of work being done on many altcoins. There are teams behind them, announcements, roadmaps are being followed, communities are growing.
Maybe you mean why aren't others having a forum like bitcointalk? That wouldn't really be possible giving that this forum has 1 mil users from ALL the crypto world, not Bitcoin specific.

Anyhow, I see a lot of stuff being done out there.

[MrZ28s]

With this case. Those coins that didn't evolve and failed to develop there project will die soon. I agree that most projects remain confident with what they done after collecting huge sums of money.

[Dodoymabs]

This is due to many ICO have been competing each others.Many were created but less had been successful.Thats why investors that failed with their ICO learned their lessons.Its hard nowadays what ICO is a great project because of too many.To be sure study first their background and whose the people behind that project.

[q835197677]

Most developers are addicted to money, after all these virtual digital currency ICO has brought them great wealth.I don't know if it is a bad thing, but I think the developers should not just by a fork to other technology, changed the logo, and no innovation encrypted virtual currency and a development blueprint to get so much money, they should continue to develop not stagnant.

[fatenmo]

We have all seen ICO's come and go, and its true, most of them do no evolve or adapt to situations.
Bitcoin has in fact been around all this time because of evolving eg. segwit2x  etc...
Having said that, Bitcoin only had to evolve a few times, but Altcoins need to evolve on daily or monthly basis as there are 100's of Altcoins popping up.

[KingScorpio]

I find it hard to understand why most Altcoin developers aren't making their products better . A platform like Steemit should have done lots of improvements and  introduce many cool features for its decentralized blogging site in order to attract more users. What about Zcash, Monereo, QTUM, EOS, Stratis, Siacoin, Storj, Doge, etc
Only Bitcoin and two other coin seem to be taking this whole journey seriously.
What are the rest waiting for? Where are there forums?  What measure have they put in place to attract the brightest minds & more investors to their Cryptocurrencies. What are they doing with all the millions?
They must wake up and keep improving their Coins or receive the greatest shock of their lives!

what do you mean with better?

look at ripple it is basically the best tech, it is most longterm secure,

and the people behind it are extremly powerful and wealthy they can without any problems hire themselves the best ever available experts,


but what happens?

ripple continues to drop?

there are more things than just good tech, there is also legitimacy, bitcoin is a form of freedomfight (despite waste of ressources)

against overregulation of financial systems,

nevertheless bitcoin will fail one day, for multiple reasons.

1. people lose more and more amounts of bitcoins and wallets get forever closed and dissappear.

2. bitcoin miners are mindless energywasters.


also bitcoin will drop.

regards

[Johntata]

Too much junk crypto money is not economically healthy in long term.