ZombieWalker
Newbie
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Activity: 6
Merit: 0
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November 06, 2018, 06:50:52 PM |
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I have been following some projects like LUX, GIN, MCT PLus, RVN and they havent die yet.
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virtual_miner
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November 06, 2018, 07:18:41 PM |
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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. This is a black spot in this market, and when the ICO has too many scam projects will make investors not excited about it. Since then there are good and potential ICO projects, the number of investors will not be as much as before. I am looking forward to more solutions to overcome this situation
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MAXENATOR
Jr. Member
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Activity: 90
Merit: 7
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November 06, 2018, 07:53:20 PM |
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Why do the original dead have to live? I believe that they are returning to their original state. It's just the SEC started killing zombies, that's all.
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Veter2000
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November 06, 2018, 07:53:54 PM |
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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 would say that for most projects there is no strong marketing idea, the economy is not calculated, there is no competitive advantage over other projects and as a result there is no demand in the secondary market, even if the ICO was successful.
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nik9990
Full Member
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Activity: 616
Merit: 100
First Islamic Crypto Exchange
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November 06, 2018, 08:06:09 PM |
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it happened because of a bad team and the inability to scale projects
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edmundo
Copper Member
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Activity: 518
Merit: 2
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November 06, 2018, 08:19:31 PM |
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I am not surprised. In this space, only projects that have something to offer in form of a product or utility service will survive through thick and thin. If you look at over 80% of the projects currently available or running an ICO, none has a viable working theory or product. It is no surprise that they are all crumbling under the harsh conditions in the industry lately.
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milani
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November 06, 2018, 08:29:57 PM |
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I am not surprised. In this space, only projects that have something to offer in form of a product or utility service will survive through thick and thin. If you look at over 80% of the projects currently available or running an ICO, none has a viable working theory or product. It is no surprise that they are all crumbling under the harsh conditions in the industry lately.
Yes, completely agree. The working product and real actions of the team in order to develop the project are the key positions for the development, for rising interest from the society and potential users, for the popularization among the people who may be really interested. So the main thing is the real purpose that the idea or the product may bring to the user of the project. Because you may have a lot of investors and money, but in case the idea is not implemented and adapted to real life's demands so the project will be a real zero.
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defoman
Jr. Member
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Activity: 448
Merit: 2
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November 06, 2018, 08:48:44 PM |
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I think that projects die because they are not in demand, they do not have a clear development plan that should provide for different scenarios, there is no interesting idea and the team is ready to overcome any difficulties and find a quick solution. In the end, only the best will remain.
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ka4ok1331
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Activity: 546
Merit: 100
EndChain - Complete Logistical Solution
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November 06, 2018, 08:53:27 PM |
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I am not sure that these projects are dead. Everyone is waiting for the right moment to continue their work on a healthy market
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cryptocyprus
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November 06, 2018, 09:03:25 PM |
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Because many projects were not needed initially, they were created in order to earn money, and it did not bring any benefit to society.
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Rob768
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November 06, 2018, 09:12:01 PM |
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I think the main reason of falling projects is their product. There are hundreds of ICO which have the same idea. I have one question to developers-HOW will u realise it? There are lots of exchanges or p2p services. Just imagine something new.
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Goodvalony
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Activity: 616
Merit: 16
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November 06, 2018, 09:15:07 PM |
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The Nature of the Market have decided the Fate of Some projects. A lots of Developers have abandoned their project due to the fear of Loss when listed on Exchange. Both Bounty hunters and Investors shares the same story line of dumping once the Token hit any exchange. coupled with the raising rate of scam projects leaving investors empty handed. The situation on ground calls for REGULATION on how cryptocurrency is been projected and implemented.
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Btcirene88
Jr. Member
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Activity: 214
Merit: 1
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November 06, 2018, 09:16:09 PM |
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Actually, there is no good project when it comes to market performance because the investors always think the profit will get at the end of the campaign. the long months suffering of declining make cause a lot of project dead so the assurance of the project is highly become incompetent.
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qolaqola
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Activity: 143
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November 06, 2018, 09:18:51 PM |
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Yes, this is normal in any activity. If a team lacks competencies and skills, they can help pay for the work of other professionals with resources. And buy time on training. But many startups want to become winners from scratch, without investments. This is clearly a losing strategy. I know the projects where the team really works, writes blogs, updates its product, conducts feedback and the result is obvious.
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minairia3
Sr. Member
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Activity: 1638
Merit: 326
Vave.com - Crypto Casino
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November 06, 2018, 09:39:35 PM |
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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 follows the common % of business that also fail as there are many projects are really after the business side of it. Since many startups that don't need token or coin and only wants to raise money here in this space easily, either they run or fails miserably as they don't have the proper team management within.
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angelica laura
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November 06, 2018, 10:46:47 PM |
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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 could be one reason for the death of a project. In addition, some of their projects have not been fully prepared before the project was launched. As a result, some bad things that might happen after the project appeared they were unable to solve it. For example, some investors will not want to participate in cheap and unclear projects. Now many projects are scamming even their strategies are good and their projects are clear. Things like this make prospective investors must be careful in choosing projects for investment.
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ridho002
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November 06, 2018, 10:55:55 PM |
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I am not sure that these projects are dead. Everyone is waiting for the right moment to continue their work on a healthy market
Well, when viewed from one side, there is a point. Sometime it looks like that, while their team is prepare something new from that project. but not everything is like that, many are really dead and their team is gone like swallowed by the earth.
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Dellosoft
Copper Member
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Merit: 1
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November 06, 2018, 11:08:15 PM |
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Many projects die because the team behind the project comprise of members who are not experienced or capable to handle the project, or because of poor funding. Failure to come up with a product can also drift investors attention away from the project, hence making the project die slowly. Some projects fade out because they are scam from onset. Now let's look at some new projects doing selfdrop here and there, their sole aim for majority is to get some funds and maybe list on some crappie exchanges which charge less listing fees, then sell more of their tokens on those exchanges and dump the project, to begin another new scam project. In all, reasons why a project die mainly is from the team or sometimes from strong FUD against the project which is rare.
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furylmz
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November 06, 2018, 11:15:13 PM |
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Most projects did not promise anything.They just made ico to collect money.This has caused many projects to disappear and will continue to cause.Quality projects by intelligent people continue to live.Only solid and rational projects will remain.
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soramon
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Merit: 100
👉bit.ly/3QXp3oh | 🔥 Ultimate Launc
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November 06, 2018, 11:21:15 PM |
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Many projects failed during this year. The reason behind all of it because lack of ideas and low skill team. The idea is similiar with other project so it progress of development cant run smoothly. An addition too many scams projects make investor run away.
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