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Author Topic: Why many projects are dead  (Read 3612 times)
xiahui135
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November 06, 2018, 04:08:07 PM
 #361

because many projects are meaningless, but waste resources.
Flamebellow
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November 06, 2018, 04:27:10 PM
 #362

An incredible amount of projects appeared in the wake of the cryptocurrency hyip that began last year. The crypto industry has begun to attract people who are looking for easy money and use ICO to fool investors and steal their money. After they manage to collect some money, they stop working on the project and leave it. I think this is the main reason .

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November 06, 2018, 04:28:14 PM
 #363

Only the good ones will survive! Coins like VeChain will prove to be garbage very soon! Pries will keep falling for those projects!

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November 06, 2018, 04:32:45 PM
 #364

Many ICO projects go bankrupt before it starts. I think the most important factor in this is that the project teams don't take their jobs seriously and the team leaders have a defined future vision.
ripple
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November 06, 2018, 04:43:27 PM
 #365

Projects are dead because they've been more focused on making a quick buck than solving the real problems that people face and aren't dramatically giving more power to the average person, not just the blockchain geek.. Using and investing in cryptocurrency is still too complicated for regular people. It's also stereotypically associated with risk.

Yes, most projects are dead because of aiming for instant profit. Not focusing on the development of the project to be more quality. This should users or investors to be look out for before investing to find a promising project that will able to grow in the market.
Projects are dying for a variety of reasons and we know all of them. Bad company, an inexperienced team, lack of investor, bad route. no strong team and no quality product needed for the market, there is also competition, to succeed they have to spend a lot of effort.

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November 06, 2018, 04:45:06 PM
 #366

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 do not think that making a good product is very expensive. Developers are make an ICO and are trying to attract maximum investment just because this industry is poorly controlled. There are many good projects that have not been carried out by ICO. One of them - Ravencoin, which not so long ago gained the confidence of Binance. It seems to me that many projects are doomed to failure from the very beginning, because they are useless.
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November 06, 2018, 04:51:35 PM
 #367

Because the market is such, plus a special kicked out investors and people who have invested from the market, this is a special tactic among Large investors and manipulators was, and the lack of investors and money, very much affected the market as a whole,and on many projects,so many bent, some somehow cope, because the Bor went to ETH, and then the token at times 5 in the price fell,and the

Autumn.MediaGrp
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November 06, 2018, 05:03:58 PM
 #368

project die instantly cause they cant keep up with the new ones or the teams are incompetent that it will just die overtime saw many of those that is why the first factor on investing in icos are the TEAMS behind it cause they are the pillars of that project if team fails everything fails even if the idea / tech is good

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November 06, 2018, 05:10:25 PM
 #369

Because the market is such, plus a special kicked out investors and people who have invested from the market, this is a special tactic among Large investors and manipulators was, and the lack of investors and money, very much affected the market as a whole,and on many projects,so many bent, some somehow cope, because the Bor went to ETH, and then the token at times 5 in the price fell,and the
sometimes the main thing that destroys a project is greed, and delay in developing a project. well, so far, I've always seen it make most projects big, and enough to potentially lose their trust, and become lost.
Supec77
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November 06, 2018, 05:11:42 PM
 #370

well, not straight a,they're not dead,just move a little,in order more oxygen left,and when the boat will float to the top from the bottom,and they will have new oxygen)) And so all the same it is clear that the money has left the market,no new money,and poetomu a lost and settled,in the hope that tomorrow will go in motion and they'll come alive
caex
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November 06, 2018, 05:16:04 PM
 #371

A lot of new projects are a jump to the investors' money and unaware people invest their money and lose it because they are counting on the very fast earnings that a given project offers. Just look at the team of developers who will be working because some people are taken from space, a lot of fiction. The problem is that hardly anyone checks it. This is one of the basic things before investing money.
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November 06, 2018, 05:24:56 PM
 #372

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.
People don't want projects out there to go and thrive so they call them scams. Know what the project is before calling it dead.

 
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AzrailBogov
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November 06, 2018, 05:42:48 PM
 #373

This is a natural selection principle. As they say, the strongest survive. And the cryptocurrency market is no exception. And given the difficult situation in the market, many projects simply can not cope with their tasks
catterpillar07
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November 06, 2018, 06:00:28 PM
 #374

Usual situation for market when people don't believe is some projects and they don't vae new money and become dead, this is why this is very ricky
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November 06, 2018, 06:07:59 PM
 #375

Some project have good intentions that failed to deliver due to internal error or lack of interest anymore that driven them to finish their promises. I've known some project that their only intention was just mainly to collect funds 😂 after that investors were left with useless TOKENS, example is indahash. Tokenization with no real time implementation of their tokens collected millions in exchange of a useless token.

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erox
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November 06, 2018, 06:11:25 PM
 #376

I think a lot of projects are dead now because their creators weren't going to work on them. They just wanted to raise the money and then quietly leave. Scamers ¯\_(ツ)_/¯

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November 06, 2018, 06:19:24 PM
 #377

I think a lot of projects are dead now because their creators weren't going to work on them. They just wanted to raise the money and then quietly leave. Scamers ¯\_(ツ)_/¯
Agree with you, they are doing icos and collecting 20-30m dollar. After 4-5 months we are seeing there is nothing still, there is no any software development or updates they are just talking and tweet something unnecessary, after few months they are doing nothing more and project is die.

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November 06, 2018, 06:20:01 PM
 #378

You are wrong, because in fact, projects are fine, but the most important thing is that today people do not correctly understand the behavior of projects that do not speak about their actions, because they are paused
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November 06, 2018, 06:25:34 PM
 #379

Many projects end their activities so quickly because they cannot fulfill their promises and throw many extra words into the air, they just as quickly fume and cannot realize their idea
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November 06, 2018, 06:32:15 PM
 #380

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 really agree with all of your words but besides that, the project is now dead because indeed since the launch they have no team (fake) and don't have real products
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