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Author Topic: Why many projects are dead  (Read 3562 times)
noorammak
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November 05, 2018, 03:15:13 PM
 #321

I think in addition to what you say, there are many reasons for the project to die. The problem is that there are too many projects being created daily that include virtual projects or junk projects. This makes investors feel confused and do not want to invest. We need to denounce and remove all but the junk project for Crytpo to grow.

todiefor17
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November 05, 2018, 04:20:54 PM
 #322

There have been many dead projects since the beginning of 2018 reported that more than 800 types of Cryptocurrency and ICO die. There are many reasons, I think the fraudulent ICO activity has caused a lot of scandal to the projects and the ICO later. The process of capital mobilization failed because of the hesitation of investors who were destroying many new projects. Investors have lost too much of their money when investing in ICOs, which is why the projects are dying.

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November 05, 2018, 05:05:56 PM
 #323

I think the reason is SCAMMING. There was a small amount of members and projects on last year of this field.. So the huge amount of tokens, rewards are distributed among a small amount of bounty hunters.. So they got a huge profits. But today the crypto field is very popular. Many projects are in here. Also so many people are doing bounty. So the scammers get the chance from it. They make scam projects, use bounty hunters to do their works.. Finally they are hiding. Because of this reason many bounty hunters are disappointing by doing bounty. They sacrifice their time to do bounty works and finally feel sad for not rewarding anything.
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November 05, 2018, 10:43:59 PM
 #324

That should be expected as it is a natural principle. Most projects are dead because of poor management by the team members because they lack the expertise in crypto and failed to seek for counsel from experts. Also, projects with no backing product or tangible ideology behind is likely to go down the drain as it will lose the interest of potential investors.
Well, now a lot of projects are dying, especially due to the fact that everyone wants to earn as much money and just leave , and something to lead and steamed with the product do not want to!

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November 06, 2018, 05:55:52 AM
 #325

When the wave retreats from a bad project, it will reveal its shortcomings, which will lead to panic selling and eventually death. The cryptocurrency market is alive and it has periodicity. Bad things don't deserve people to invest.
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November 06, 2018, 05:57:33 AM
 #326

Project death is normal, because many projects have no plans to develop from the beginning (frauders), but they close when they raise certain funds!

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November 06, 2018, 06:15:32 AM
 #327

many projects aimed at getting results but does not have a clear concept. they don't make a serious project so naturally, it makes a bad impression on many projects at this time. anticipating this certainly by looking into the project so as not to easily fall into a project that could bring losses. monitor team and also learn that there are things that must be considered.

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November 06, 2018, 06:36:42 AM
 #328

Project been abandoned and neglected is nothing new as this type of situation happen in  every industry. The process of ridding off old project for new ones is very healthy for growth, development and adoption of cryptocurrency!

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November 06, 2018, 09:29:16 AM
 #329

As we know that most dead project are from those people who only deceived investors with their fake Ideas. most of them are just a mere scam and they only created to steal money from people. but there are legit project that don't have an update until now maybe they will turn to scam later on or they just don't have a budget to develop their project. but most of them don't really make a come back after a dramatic fall.
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November 06, 2018, 09:37:55 AM
 #330

It is simple, they stopped development and that's why they are dead projects.
Another option is a scam, they gone away with money
bangjoe
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November 06, 2018, 09:59:19 AM
 #331

As we know that most dead project are from those people who only deceived investors with their fake Ideas. most of them are just a mere scam and they only created to steal money from people. but there are legit project that don't have an update until now maybe they will turn to scam later on or they just don't have a budget to develop their project. but most of them don't really make a come back after a dramatic fall.
it was very disturbing and of course detrimental, even it had a negative impact on the ICO image in the eyes of investors which eventually made investors afraid to invest in the ICO which caused many ICOs to fail due to lack of funds and even the real ICO became difficult to raise funds, so if there were the way to stop all this, we must do it because it also harms us

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hacker1001101001
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November 06, 2018, 10:51:58 AM
 #332

As we know that most dead project are from those people who only deceived investors with their fake Ideas. most of them are just a mere scam and they only created to steal money from people. but there are legit project that don't have an update until now maybe they will turn to scam later on or they just don't have a budget to develop their project. but most of them don't really make a come back after a dramatic fall.
it was very disturbing and of course detrimental, even it had a negative impact on the ICO image in the eyes of investors which eventually made investors afraid to invest in the ICO which caused many ICOs to fail due to lack of funds and even the real ICO became difficult to raise funds, so if there were the way to stop all this, we must do it because it also harms us
Absolutely, now many investors have afraid on ICO investments, due to the many scams has happened in ICO's. And this is not good things, which creates a Bad impact on ICO's image. We should have to find more ways to stops all this scams and frauds.
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November 06, 2018, 10:59:26 AM
 #333

Believe that 70% of dead projects was expected to be dead even by creators of this project.
Just fake ICO to collect some funds as scam everyone.
Another 20% is lack of management.
Rest 10% not enough collected during ICO and closed project
Diamond_Darrell
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November 06, 2018, 11:17:02 AM
 #334

That should be expected as it is a natural principle. Most projects are dead because of poor management by the team members because they lack the expertise in crypto and failed to seek for counsel from experts. Also, projects with no backing product or tangible ideology behind is likely to go down the drain as it will lose the interest of potential investors.
Most projects are dead, not because they are poorly managed, but because they are created solely for the purpose of deception and charlatanism. Not all, but a big part.

dmcx
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November 06, 2018, 11:17:22 AM
 #335

There are many projects here but why die? The reason is very simple, because it is almost a false project, fraud ... the composition that out. If you are unlucky then you will waste time with them, I think that you also know, right?

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November 06, 2018, 12:49:00 PM
 #336

So many projects are mainly built to last for a while. when the crypto market is fully balanced in some years to come. Then you will notice that not all projects will survive the test of time
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November 06, 2018, 12:53:27 PM
 #337

I see that there are many projects which don't have enough investors. I think they should promote more and more their projects in order to remain in the market
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November 06, 2018, 12:54:55 PM
 #338

That should be expected as it is a natural principle. Most projects are dead because of poor management by the team members because they lack the expertise in crypto and failed to seek for counsel from experts. Also, projects with no backing product or tangible ideology behind is likely to go down the drain as it will lose the interest of potential investors.
many projects only make ico and don't have a good foundation, the team only thinks of profit and cannot work optimally. so this is something that is detrimental to many people. but if the project dies this is a good thing because the failed project can be reduced.
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November 06, 2018, 12:55:52 PM
 #339

Because many projects can not find enough funds to improve themselves. The reason is that I think the supporters don't like the project enough and they don't have too much trust in the project. Especially because of the uncertainty of the market, many supporters choose old coins (Bitcoin, Ethereum, Ripple, Litecoin, etc.) which are more secure than new projects. And they keep waiting in this position. So many new projects die everyday.
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November 06, 2018, 01:14:26 PM
 #340

I think the main problem of dead projects is a weak team, because it is she who is responsible for the idea of ​​the project and its implementation. The team’s lack of vision drives the entire project to a standstill and no matter how much advertising there is and how much investors invest, such a project is doomed to die.

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