Not every blockchain project has a good future

[temilade200]

Whatever has no good usecase that is applicable to its set goal should not be invested in. As a matter of fact, research every project and test its genuineness. I believe all projects on blockchain should have a good tech with good application.

[1714662710]

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[1714662710]

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[Parasomniac]

At this moment there are so many bad and senseless projects on the market. I think only 5-10% of them have chances to survive and achieve something.

[Mix_Fix]

A lot of projects are trying to get money and that is the end. They don't care about community, investors, etc. Most of projects don't need blockchain as technology and transparency!

[Phlaser]

No doubt about that.  Not all project got a workable product, most are just into it to make money for themselves and move on to the next phase. This has become order of the day as more project keep springing up on daily basis.

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

[EricJones]

The fact that a project is listed on the blockchain, doesn't guarantee its success in the market. For some, it's just a good way to promote their shitty coins. I have heard of so many cases where a blockchain project failed. There are lot of scam coins there, just be careful on what you choose  to invest in.

[EnergiToken]

You couldn't be more right.

The reason is simple - the unregulated ICO structure has allowed for opportunistic groups to make money from posturing and speculation, meaning that many projects out there lack the tech or partnerships to have any real future in this space.

The irony is that many of these projects garner more investment and support from investors owing to their marketing allowing for price fluctuations, whereas investors are often put off by more long term and legitimate projects. This is Crypto in a nutshell.

But with regulation soon to be kicking in, I wouldn't be surprised to see a shift in people's priorities.

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[cheezcarls]

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 actually consider on what you are saying. Yes, not all of the blockchain projects have a great future ahead. We understand that investing in these projects are risky in a whole new level, because most of them were not backed by established companies. However, I do believe that greater risks come greater rewards. We just have to be good enough in choosing a project that has an amazing roadmap, backed by an established company or insititution, reputable team members with established LinkedIn accounts and so on. Just my two sats.

[hidden jutsu]

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, most of the project that is being launched lately is about launching their own blockchain, the investors will be interested since it is something new, something that will make them profitable, but not all of them become successful.

[leviafan]

Only the strongest survive. Not all projects can have a good future ,with prospects .

[5hoop5]

I believe a good future for any project. Is in effective work. And also in the improvement and promotion of this project. You need to constantly monitor everything and adjust. And unfortunately, not all developers do it.

[kalutharabanda]

Numerous speculators on the flood of crypto fame moved toward this issue without hardly lifting a finger and even unimportance, suspecting that any crypto and honed venture under it is equipped for giving them a benefit. Therefore, cash was spent on unpromising undertakings that did not legitimize their reality. ICO extends sooner rather than later will achieve an unheard of level of value and unwavering quality, so working with them and contributing will be more productive and safe.

[yslyv]

ofcourse. most of us are aware that even 90 percent of the existing blockchain based projects are crap. they just launched their ico to collect money and that is it. they dont care about the roadmap or the product at all.

[verask]

the blockchain technology still new, and there are a lot of problems to solve. I think they need more time to overcome the traditional technology.

[provide_life]

I absolutely agree, and I think, moreover, most Blockchain projects have no future because of their out-of-date nature and huge competition in the field, there is simply no room for everyone.

[AjithBtc]

The perfection in the development leads to the success of the project. When it comes to blockchain, people find this to be entirely new. Even high profiled developers find it difficult to program. Slowly things will progress as more and more developers were getting into blockchain development finding its effectiveness.

[CAPTAINPLANET]

Totally agree with you, People should not aim for alternative project of popular service, eg - Facebook Social Network rather than they focus on unique yet needy project which helps to make the future better and secure. 

[bitvalak]

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

But the fact is that the plan is only a formality for the whitepaper, while the facts in the field are not like that. The ICO project = the project collects money from investors then throws junk coins in the exchange market, investors don't get the profits they want, while the developer team makes profits outside their target. Except for ICO projects that have teams of big people in the cryptocurrency world 

[sashapoc]

All because many developers are not set on the long-term development of the project, which is promoted. Money decides everything, and when a lot of them-even more so.

[freshbcash]

I absolutely agree that many projects are likely to die, just as many will be created. Competition in this area is growing rapidly and will survive as always only the strongest.

[StarKay]

What the OP stated is a business fact. 
Before starting or investing in a project, the demand should be considered because without demand for the project it will fail no matter the money raised in ICO.