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Author Topic: Why many projects are dead  (Read 3549 times)
EmmaBen
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October 26, 2018, 10:47:21 PM
 #21

Asides those reasons you gave, many of them are dead because they are pure scam. Simple! Most of them project creators scammed people. That's it.
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October 26, 2018, 10:48:08 PM
 #22

You may be right. the poor management of team will really influence the projects. It may influence how they make the concept that is promising and interesting for the investors. One more, interesting and promising projects for the future have very big influence to attract more investors. Additionally, they may be lack of gaining the community through the social media, including how they promote.
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October 26, 2018, 10:52:22 PM
 #23

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.


That's is true lack of knowledge are one of the cause of project become failed
But for me the main cause of project failed is people scared to invest
The reason is more project are scam than to legit project

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October 26, 2018, 10:52:47 PM
 #24

Yes too many projects are dead because their only target is collecting money. They dont care about investors or they dont care about their own project.
Now 85 percentage of icos are scam. Investors need to do research about their investments.
I cant understand that. That is not too hard thing. If you collected 30m dollar You can easily hire a team and you can at least develope something
with earning that 30 millin dollars 10 percentage.

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October 26, 2018, 10:54:57 PM
 #25

Asides those reasons you gave, many of them are dead because they are pure scam. Simple! Most of them project creators scammed people. That's it.

yeah,, from the beginning the main pupose only to collect the money from investors
then they are gone,, sometimes hit an exchange first, sometime not

so, everyone should becareful to invest in crypto, a deep research first is the best way

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October 26, 2018, 10:56:56 PM
 #26

A lot of projects fail because they don't offer anything more than what is already on the market. There are many ICOs these days so each project needs to stand out in order to attract investors. KYC requirements also cause them to fail as it reduces the number of interested investors

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October 26, 2018, 10:59:40 PM
 #27

Because they lack of team work and lack of potential to grow that's why many projects now is hard to reach their goal. And I think they need more manage and lot of time fix their project before they fully show it to people.

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October 26, 2018, 11:19:59 PM
 #28

Also, apart from some few projects that were bassd on the fact that there is a real world use case, many others created hypothetical problems which didn't exist and hence got no one interested.

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October 26, 2018, 11:25:31 PM
 #29

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.
You're correct... many projects were dead due to mismanage by the team behind but I think those projects were created just to take money from their investors. ICOs is the easiest way to lure money from investors as those scammers can hide their identity as we have no laws in crypto to put them in jail.

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October 26, 2018, 11:38:44 PM
 #30

I would like to add also lack of marketing strategies which makes their crowd funding fail or in short ICOs fail. With lack of marketing investors or their target market are not being reached. Another thing to consider is lack of good management, even though they had a great ICO if the people running the company is not making enough hype investors cut loss with them.

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October 26, 2018, 11:39:50 PM
 #31

cannot be denied again as time goes by the development of crypto progresses and many people already know the benefits that can be obtained, but unfortunately those who only know and do not have the expertise in crypto but want to be able to get the benefits by making projects that ultimately failed and left just like that.

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October 26, 2018, 11:42:49 PM
 #32

Some reasons why many projects are dead, it's because of weak management  and wasn't successful plan and also they didn't reached their approximately or target value sales that's why many of them not succeed.

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October 26, 2018, 11:44:30 PM
 #33

Now a days most of the projects are scam, therefore mostbof them become dead after abandon the project and leave investors in thin air, but not just that, projects without product are also come to dead, because how investors convince to invest if they dont know how do they earn in this project.
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October 26, 2018, 11:51:10 PM
 #34

I can't imagine why almost of the project are dead or become scam project. Many reasons but we have to understand that it is hard to handle some project that has  no strong community or management. Many of those are not succeed for the reasons that they are not capable to hold those projects.
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October 26, 2018, 11:56:11 PM
 #35

TThere is many factor when one project is dead and one of them is market conditions. For last few monthsarket condition is really bad. So investors are not giving that much funding to company's. When market will go big again the whole system will be refresh. And now the main thing yes lack of experience and motivation failed a project. Most of the the people just want money so they open ICO sometimes is going well ICO hit next the project is failed other time the first stage ICO failedThat's how its work. In every profession there is some people who always do work for money and creates problem.

 
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October 26, 2018, 11:59:59 PM
 #36

Actually it is a sad news to look at some projects dead or failed. There must be some factors that influence. Such as lack of promotion, the less interesting projects, or similar project with others. However here, we cannot say about the dead of projects. Those that have good points will be brighter. SOme are dead but some that are good will reach the higher value in the future.

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October 27, 2018, 12:43:01 AM
 #37

There are many possible reasons why projects are dead. Some teams intended it from the start after collecting funds from investors which makes it a scam project. Some have an incompetent team that cannot really handle projects to be implemented. Some are good projects but they have an insufficient fund to maintain the need for the project to push through. And lastly, the value of the cryptocurrency went down because of lack of support of the public and investors.
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October 27, 2018, 12:46:22 AM
 #38

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.
The team of every project plays an important role in the determination of the success of the coin on the market. However, the success of a coin is largely due to how strong and supportive its community is. A coin can present a good product and idea yet struggle to meets its market expectations. Create a strong and supportive community, increase the demand of the coin and the project will eventually succeed on the market.

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October 27, 2018, 12:47:15 AM
 #39

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.

With so many crypto projects sprouting nowadays I have noticed that most of it does not have qualities and standard that must be ideal for investors to support it. Team members are lacking experience as well. Unfortunately those legit and very good projects tend to get affected by those insincere and fly by nights projects and it makes the entire crypto world suffer.
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October 27, 2018, 02:20:56 AM
 #40

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.

I think cryptocurrency does not need to have as much coin as it is today. Just very few useful coins are enough. Most of the projects are for investors, not as a means of payment.
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