Most Alt teams have abondened their projects!

[pedpedped101]

It is a Fact!
The bitches have the/ your money and have no intent to develop their projects: A registered office with a few tweets that are are BS.
Cardano is about the only project that is genuine!
Good luck if you believe your project is genuine!

It is good you still have a coin you can fall back on. This is unlike a case where someone is holding shitcoins almost all through. Most of those coins are just difficult to hold. If you are not careful you might see yourself losing.
There are still some projects that can be trusted and that are likely to have a lasting effect in the crypto space. I came across Hara and i knew we still have hope.

[carrigan]

We can see some teams may abandon their projects because they already know how the prospects of the project. they probably prefer to rebuild the new project with different concept and more interesting ideas for promoting and gaining the investors in order to get better projects. Well, who know about what actually their alt teams do.

[veekky]

Do you know good teams who continue developing project? Recently I 've checked telegram of Decentraland and you know, they don't make commitmnets for a long time! It seems that even such potential project stopped development!

[Ucheman]

This is a very hilarious thread, how can you say that ADA is the only genuine coin with a genuine team? You didn't even talk of Ethereum or EOS that has had numerous d'Apps built on their blockchain, anyways everybody to his own opinion.

[DominickA86]

Unfortunately it is true, there are some ICOs that have collected huge money, like 20-60 million USD in their token sales, but they are doing absolutely nothing with their development and some of them are even not listed on exchanges.

[Tony116]

Financial strategy of a project during a bear market will be a great indicator to choose this project for investments when bulls come. Here is the best qoute of Warren Buffet about it: "You only find out who is swimming naked when the tide goes out". The bear cycle is a great time to check projects real incentives.

[Ucy]

Well am OK with this as long as they didn't raise money.
I strongly think there should be a way of exposing and punishing scammer with breaking the ideals of cryptocurrency. They are ruining it for all. They do not mean well.

[Maknae09]

It is a Fact!
The bitches have the/ your money and have no intent to develop their projects: A registered office with a few tweets that are are BS.
Cardano is about the only project that is genuine!
Good luck if you believe your project is genuine!

They escape and prefer to do some other business here on the cryptocurrency space. Well, I guess they are some sort of a scammers in escaping to pay their bounty hunters for their work.

[lllaqpt]

It is a Fact!
The bitches have the/ your money and have no intent to develop their projects: A registered office with a few tweets that are are BS.
Cardano is about the only project that is genuine!
Good luck if you believe your project is genuine!

You have allocated only cardano, and the same ripple or stellar. So far, only the ether and many pumps have done this, there is no support or development, and sometimes forks appear. This is of course sad and can lead to even more frequent corrections.

[PuertoLibre]

Unfortunately it is true, there are some ICOs that have collected huge money, like 20-60 million USD in their token sales, but they are doing absolutely nothing with their development and some of them are even not listed on exchanges.

ICOs don't like downtrends because of spending during development process. Sometimes they collect good amounts but conditions don't let them to do their job as required. Huge amounts are result of hard work,promotions,people who made tasks for this purpose and more.

[Franzinatr]

There's many reasons why a founder/developer team abandoning their projects,
-Failed ICO
-Long time bear market (since more than half of a year)
-Can't promise anything they wrote in their roadmap/whitepaper because of lack or team or knowledge
-Exit scamming
-Fudding (this might a little reasons but it's effective on non-determined founder or team)


Correct me if i'm wrong if I'm missing something.

[umbara ardian]

although there are a lot of atlcoin projects that leave their projects but there are still quite a number of altcoins that can now be successful and the altcoins are the biggest exchange platform because the trading volume is very large, for example binance coins are very serious about developing projects.

[a4illusionist]

Thats true. They make quick money and then ran away with it. They don't have any concerns of what happens to the investors, all they wanted is to get rick quickly and they achieved the target. and thats all.

[pawanjain]

I guess you are right. Most of the altcoins/tokens have not done so well over the months. While the bear market be one reason for them not to grow but there are many projects whose teams have just gone silent.
No active developments, no active communication with the community etc.. All of this gives us a hint that the ICOs/projects we invested in are leaning towards growing indolent.

[Adunni6758]

It is a known fact that most of the projects are not just abandoned, but scam. The team of those projects were only looking for means to enrich themselves. There are still many of them being lunched till now.
It is left for every investor who intends investing in them to ensure that they do proper and adequate research first.
We need quality projects that will last long in this space.

[swetka]

It is a known fact that most of the projects are not just abandoned, but scam. The team of those projects were only looking for means to enrich themselves. There are still many of them being lunched till now.
It is left for every investor who intends investing in them to ensure that they do proper and adequate research first.
We need quality projects that will last long in this space.

I do not even know what to say about the duration of a quality project. If today we look at the Bounty campaigns, who practically the majority of projects spend their bounty companies for about 25 weeks, or maybe more.

[sulis sudibyo]

rather than making innovations at this time a new project is like just wanting to make money from investors. many projects were released but abandoned and even scam from the start. it's better to focus on old coins, than to think of a new project that is all shit.

[Rockkey]

The author of the topic is a fierce supporter of the cardano project. He believes that only this one project can be called real. However, apart from this project, there are a huge number of other equally successful and reputable projects that are also quite good. Recently, by the way, I read rather unflattering reviews about the organizer of the Cardano project.

[owlman]

It's no secret that there are a lot of scammers on the cryptocurrency market and they all want to get money by deception, but you should not exaggerate and say that only a cardano is a genuine project among all existing ones, because there are other projects that in spite of the negative market situation, continue to develop and improve technologies.

[ivaf]

It is a Fact!
The bitches have the/ your money and have no intent to develop their projects: A registered office with a few tweets that are are BS.
Cardano is about the only project that is genuine!
Good luck if you believe your project is genuine!

Well, what do you want? You see what the market is now. Downtrend almost a year. Projects need funds for development, and in such a market they only have losses. So it remains only to drop everything and leave. Sad, of course, but it is a fact.