felissss500@gmail.com
|
|
November 02, 2018, 06:31:16 PM |
|
I agree, a lot of failures due to the fact that everyone who wants to climb into the creation of new cryptocurrency is in the wake of popularity. and not everyone has the mind and money to hire a team of professionals. Yes, and projects are often aimed at the implementation of anyone unnecessary or unsuccessful ideas.
|
|
|
|
kkaroul4
Sr. Member
Offline
Activity: 994
Merit: 251
Betking.io - Best Bitcoin Casino
|
|
November 02, 2018, 06:42:42 PM |
|
One of the reasons why many projects are dead is that they initially arranged an ico with only one purpose - to raise money and hide. The complexity of understanding blockchain technology helps fraudsters to mislead people without revealing the technical capabilities of their coins and quietly manipulating the code. Otherwise, this behavior is not much different from any other form of investment fraud.
in some cases they start with good idea and lot of energy. they collect several million dollars. then they start to implement ideas. and there are difficulties. and they have choice to proceed or just take money and leave. it is true that you say that there are many projects that are running away from investors because they only have to get money and do not want to continue the project
|
|
|
|
Mymikagab
Member
Offline
Activity: 574
Merit: 10
|
|
November 02, 2018, 06:52:30 PM |
|
Why many projects are dead? One of the main reasons is no product, lazy team, scam, no budget, bad project development, didnt reached soft cap pre-sale something like that. I expected it not all the project have a good development that why they left
|
|
|
|
brixbounty
Jr. Member
Offline
Activity: 112
Merit: 1
|
|
November 02, 2018, 07:07:58 PM |
|
First of all, the project needs a good idea and a professional team with extensive experience in their field. Having these components, it is necessary to look for investors, advertise the project and give arguments why the project is so necessary and it will be possible to implement it. This will allow him to live, not join the cemetery of unrealized ideas.
|
IRONX THE BEST IN TRADING | THE BEST IN CRYPTO Fully Regulated
|
|
|
poiska7662
Jr. Member
Offline
Activity: 192
Merit: 1
|
|
November 02, 2018, 07:26:25 PM |
|
I join 10 ICO all I can say the team was not lacking it is the market which is down this year 2018. half of I join is failing they cannot gain trust from investor because of the downside of the market. the investor has lack of interest participating on ICO hope that this end of 2018 market will go bull run so it will be back to normal.
|
▐| EOS Exchange |▌ The Exchange for the EOS Community! ICO: 15th October - 20th November
|
|
|
claus-rich
Member
Offline
Activity: 364
Merit: 10
|
|
November 02, 2018, 07:33:25 PM |
|
I think quality projects don't die. Only those projects that were created to collect investment and deceive investors die. Unfortunately, there are a lot of such projects.
|
|
|
|
aligator2017
Sr. Member
Offline
Activity: 532
Merit: 250
The Exchange for EOS Community
|
|
November 02, 2018, 07:37:58 PM |
|
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.
It absolutely normal that they are dying every day more and more. Most of teams don't understand the fundamental business processes. Some of them just wasted money that was invested in 3-year roadmap in a few months, some ran out of money because of cypto bear trend, so the can't afford further development of project. Some just realized that making their idea into life will be more difficult than expected. That's why we see such statistics
|
|
|
|
Sirait
|
|
November 02, 2018, 07:38:45 PM |
|
most ICO projects that die are just looking for profit, the concept isn't there and the team isn't there, they just cheat. ICO projects that are successful and remain until now, their management is good, their teams and projects are real and they are not just looking for profit.
|
|
|
|
jpnl0006
Jr. Member
Offline
Activity: 480
Merit: 4
|
|
November 02, 2018, 07:40:33 PM |
|
Most project die and die off because of no proper team work and poor management but there could be extra reasons why project die which could be that they did not meet up with their target or maybe the team disappeared.I have experienced that before
|
|
|
|
kokrokok
Member
Offline
Activity: 447
Merit: 11
Koinomo
|
|
November 02, 2018, 07:46:56 PM |
|
everything you say is right now a lot of bounties die because most teams don't have a lot of expertise and I also think if they don't use the funds collected during ico well
|
|
|
|
Bezobraznike
Sr. Member
Offline
Activity: 1274
Merit: 261
★Bitvest.io★ Play Plinko or Invest!
|
|
November 02, 2018, 07:47:43 PM |
|
most ICO projects that die are just looking for profit, the concept isn't there and the team isn't there, they just cheat. ICO projects that are successful and remain until now, their management is good, their teams and projects are real and they are not just looking for profit.
The ones who are looking just for profit we call scams. Mostly this kind of projects get recognized and rejected by crypto-community. In other group there are projects that don`t have enough capacity to carry their original idea. Many times idea is not recognized by the people. When there is no interest and support from people project dies too. There are many factors that can affect project failure. It`s on us to make a difference and choose the right ones.
|
|
|
|
Micerker
Full Member
Offline
Activity: 593
Merit: 100
BBOD The Best Derivatives Exchange
|
|
November 02, 2018, 07:51:21 PM |
|
Projects fail due to reasons related to the calling of capital. Many projects calling for wealth to fail to meet soft cap or with money from investors are not enough to run projects leading to these projects failing or running short of dead time.
|
|
|
|
futuristishe
|
|
November 02, 2018, 07:53:44 PM |
|
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.
Yes about the team is the most likely option! Some managers really do not know how to work with investors and bounty hunters. But a lot depends on them. The project team should more carefully select their managers
|
|
|
|
JuliaJi
|
|
November 02, 2018, 08:03:45 PM |
|
look at the market - it is on the bottom, it hard to develop projects, also people loosing on investions - thats why projects are close every time
|
|
|
|
TonixGaming_14
Full Member
Offline
Activity: 329
Merit: 100
AGATE
|
|
November 02, 2018, 10:30:46 PM |
|
They die solely because of a lack of understanding of the structure of the work and conduct of the ICO. They incorrectly divided the interest between different groups, which is why the price fell at the beginning and then could not rise.
|
|
|
|
xvacator
Jr. Member
Offline
Activity: 341
Merit: 4
|
|
November 03, 2018, 05:43:16 AM |
|
The project cannot survive in bad situations, and I think there is an intern problem in the project itself that makes people on the project have their arguments. When it happens, then it will give impact to the project, and if it's not solved in a long time, then the project will be dead without any progress that they can reach. We see that many projects cannot continue because of this and the teams abandon the project and leave it to the bottom without giving any supports.
|
|
|
|
U2018
Jr. Member
Offline
Activity: 68
Merit: 2
|
|
November 03, 2018, 05:50:37 AM |
|
The death of the project is always accompanied by many reasons. Poor management is only one of them. We can see that the whole market is getting worse. Many projects will be killed soon due to lack of funds.
|
Hostmasternode One-Click Masternode Deploy | Instant Shared Node Service
|
|
|
Saint1990
Member
Offline
Activity: 196
Merit: 11
|
|
November 03, 2018, 05:51:44 AM |
|
Yes this the true reality of market as its very ease to launch ICOs & promising unrealistic achievements still you know what investors invest in the ICO and get their funds lock or end up with losses. Many projects are dead because they don't have one of this 1) Good Concept 2) Good backing like VCs 3) not having good team members 4) Not able to create liquidity in the market due to lack of funds 5) Scam or hacking by own team members. 6) Inactivity on GitHub Repository 7) Lack of engagement with the community.
Its better to invest in already established projects or invest in new projects which are backed by VCs or if they have unique concepts.
|
|
|
|
cryptoblue77
Member
Offline
Activity: 472
Merit: 10
|
|
November 03, 2018, 06:38:50 AM |
|
Over the past one year, the market has been in the downward trend, so the price of most altcoins have dropped significantly. Most investors have been reluctant to invest in new projects, that's why many projects have failed.
|
|
|
|
dfktynby1004
Copper Member
Jr. Member
Offline
Activity: 392
Merit: 1
Change Your Worlds Build a New Era!
|
|
November 03, 2018, 02:43:32 PM |
|
That's a pretty weird question. Projects die because the client and investor are disappointed in them, or they have not found a client and investor. That's all she wrote.
|
|
|
|
|