Not every blockchain project has a good future

[Boxxl]

Hi,

I see a lot of great projects..
But also a lot of project which I don’t like.


Here is why
Not every project needs blockchain. Or not every blockchain project will survive.
In a project you need also a good businessplan and marketing.

Example
I saw Friendz which is a social media project. Nice plan but don’t think it will replace Facebook because
it is in blockchain. You need a lot more.. A LOT MORE to best orher companies with a centralized system.

Be carefull and good luck with your investment

[yura888]

Hi,

I see a lot of great projects..
But also a lot of project which I don’t like.


Here is why
Not every project needs blockchain. Or not every blockchain project will survive.
In a project you need also a good businessplan and marketing.

Example
I saw Friendz which is a social media project. Nice plan but don’t think it will replace Facebook because
it is in blockchain. You need a lot more.. A LOT MORE to best orher companies with a centralized system.

Be carefull and good luck with your investment

I Agree. Now just everyone is doing different projects adding to them the word blockchain and start the ICO. And is it necessary in general? And is it necessary in blockchain? Just want to collect easy money

[heritage35]

Yes, you are right. Some projects are scam and such project is faced with dump at a point, where the developer would have dumped all his coin and leave other holders to struggle with the remaining until it is dead.
Some of these projects eventually do not list at good prices, after listing on exchanges.

[zenhu]

Yeah cant argue with that, sometimes people come with really weird project but its not completly their fault anyway, i mean if there a demand there will be another person become suplier right ?

[Yaunfitda]

Hi,

I see a lot of great projects..
But also a lot of project which I don’t like.


Here is why
Not every project needs blockchain. Or not every blockchain project will survive.
In a project you need also a good businessplan and marketing.

Example
I saw Friendz which is a social media project. Nice plan but don’t think it will replace Facebook because
it is in blockchain. You need a lot more.. A LOT MORE to best orher companies with a centralized system.

Be carefull and good luck with your investment

Of course, because some of them are really copy cat of a previous project, they just added few variations and changed the name, so if you are really into crypto investors you will notice this a lot and most probably won't invest on those.

That's why we should use our common sense here. You need to filter out every ICO that's been popping around and not just joined because of the hype that surrounds it. And later turns out to be a scam.

Interesting you to put Friendz, because the moment I see this project, I have a good chuckle and I agree that it will face a hard time to succeed but who knows. But at this point, I will not put any investment on them. Sorry.

[Brothersav]

Hi,

I see a lot of great projects..
But also a lot of project which I don’t like.


Here is why
Not every project needs blockchain. Or not every blockchain project will survive.
In a project you need also a good businessplan and marketing.

Example
I saw Friendz which is a social media project. Nice plan but don’t think it will replace Facebook because
it is in blockchain. You need a lot more.. A LOT MORE to best orher companies with a centralized system.

Be carefull and good luck with your investment

Definietly agree. People are trying to blockchain everything. Let's be honest. A blockchain for dentists?! Who is going to accept tokens for dental procedures and who is going to buy them to pay for these procedures? I think in the next few years we will see plenty of blockchain tokens die off. Darwinism for crypto. As for Friendz- Steemit is proving that wrong. Facebook is going downhill from here. Give it another few years and it's going to go the way of Myspace. This is mho

[dobol]

I prefer a unique project, meaning the implementation of blockchain on something new and certainly will facilitate human life, I'm sure such projects will be a huge success

[Fioraver]

You are absolutely right and not every project is worth, but all of them want to raise money. We have seen some really absurd ideas that are trying to adopt block-chain technology.

[CryptoAllDay]

I noticed this as well.  People are trying to bank off the word blockchain by adding it to every single project they can think of and then starting their ICO sales.  There are many scenarios where trying to transition to blockchain is not worth it or too complicated, making it not worth the effort. 

[Endikadija]

Hi,

I see a lot of great projects..
But also a lot of project which I don’t like.


Here is why
Not every project needs blockchain. Or not every blockchain project will survive.
In a project you need also a good businessplan and marketing.

Example
I saw Friendz which is a social media project. Nice plan but don’t think it will replace Facebook because
it is in blockchain. You need a lot more.. A LOT MORE to best orher companies with a centralized system.

Be carefull and good luck with your investment

I can tell you some similar project as friendz tried to replace the existing one in our life which is not possible in my opinion just like matchpool tried to replace tinder but it less on the adoption and it will never have happened.
We don't need companies with centralized system but we need more companies to discovering the new problem and give the innovative solution.

[livingfree]

Here is why
Not every project needs blockchain. Or not every blockchain project will survive.

True. There are so much projects that are now leaning on to blockchain and they all think that its part of the project though there's no need of it. There's no use for them to take part of it and for those projects that are failing in the mid-run, they only took the money of their investors.

In a project you need also a good businessplan and marketing.

Not all projects that has good business plan and marketing becomes successful.

[Rozita]

I agree that many projects will fail. And I also agree that friendz won't replace facebook.
But it's a good idea to use blockchain technology for a social media. What's the problem?

[batang_bitcoin]

I agree that many projects will fail. And I also agree that friendz won't replace facebook.
But it's a good idea to use blockchain technology for a social media. What's the problem?

There's no problem if you'll use or upgrade a present service/social media entangled with blockchain. As long as the developers of it are working hard and happy to see their project is operating, they will not take a look at short term success. Facebook didn't became successful overtime, it took so many years before it has been recognized worldwide. I agree that many projects fail and the main reason of it are;
- the project isn't needed by the community.
- the developers are not serious with it.
- the project is a joke.

[Noobaru]

I agree with you, not all projects need a blockchain integration. If the platform is doing just fine on its own, why change it into blockchain based, if that is only going to cause problems. You got to ask yourself with every project the question: "Are they solving real-life problems with integrating?" If they are, then I guess the project has a good future. But if they are just copy pasting established platforms with blockchain integration in order to earn, then this is bad. At least in my opinion.

[European Central Bank]

virtually none of them have a long term future.

in 5-10 years there probably won't be more than 3-5 projects around that are around now. all of the thousands of others will achieve nothing and fail.

even after all this time hardly anyone has figured out what use a blockchain actually has out in the real world and i think it's gonna take many more years before we do. right now it's still in the solution looking for a problem phase.

no one should stay married to anything. keep a long term position by all means but take that profit and then some when the opportunities arise.

[jimimcome907620]

Hi,

I see a lot of great projects..
But also a lot of project which I don’t like.


Here is why
Not every project needs blockchain. Or not every blockchain project will survive.
In a project you need also a good businessplan and marketing.

Example
I saw Friendz which is a social media project. Nice plan but don’t think it will replace Facebook because
it is in blockchain. You need a lot more.. A LOT MORE to best orher companies with a centralized system.

Be carefull and good luck with your investment

Thank you for your warning and I will be more careful in the future.

[IamAlen]

I think the same as you. Many projects will not succeed in the long term because the competition is too big, but you also have to say that many projects simply do not have a good team, advisor or marketing. but there are also many projects that are just too slow to work and take too long to develop their blockchain, so projects that quickly bring a working product to the market will also prevail.

[sedahan13]

Successfully of the project depend on many factor, that is team founder, aim of the project, development of the project, unique project and benefits that they offer , and support from the community. There are new project and ICO everyday that mean alot of competitor in the market and some of them will fail. And 90% project failed because the team founder not professional and does not have any inovation to make their product more interesting.

[pranazzs]

Especially now many ICOs are not clear. which usually ends a scam.
indeed only the top 10 of the best Coinmarketcap for the future!

[CreamyCheesecake]

People are seriously just trying to profit as much as possible in this ICO rush. Lots will collapse and die and only a few will prove their worth.