Why new Projects?

[ifykiki]

I keep wondering why new projects are being introduced into the cryptocurrency economy and we all will agree that about 80% of these new projects either don't do well or exits as scam. I know that bounty hunters especially benefits from the introduction of a new project because it's 90% sure to run a bounty program.

But what if the new projects stopped being introduced for us to focus on the thousands of projects that is already in the crypto space and individuals or teams that genuinely wants to make a change can instead either buy all these failing projects and work on them or offer to partner with the teams of the failing projects in a bid to recreate. I mean they could still run airdrops and bounty programs again to reintroduce their projects. Ain't nothing wrong with that right?

Just thinking aloud, don't know the repercussion of this idea, but back me up if it makes any sense

[1714678666]

1714678666

[joeperry]

Every day is a new day and every day we are facing new challenges and problems and so we are finding a solution/answer to it. This is the ICO (New projects) goal to solve an existing or new problem to our society through blockchains and by introducing a token in order to support the system.

Every new projects has their own problems to be solved, we have a lot of problems right now and through blockchains and new technologies we're able to solve them 1 by 1 that's why every project has their own special uses.

These are the reasons why there's an shit projects:
1. The projects goal is just to earn and leave the project (Scam)
2. The solution of the project already solved by other project
3. The investor wasn't enough and so the team can't continue the project

I hope I enlighten you a little. This is all according to my own perspective.

[OluwaTosin10]

Well
New projects are supposedly meant to solve new problems in the decentralized way

So if you find projects replicating old projects without preferring an advanced solution
Up to you tod decide; dyor

[poodle63]

I keep wondering why new projects are being introduced into the cryptocurrency economy and we all will agree that about 80% of these new projects either don't do well or exits as scam. I know that bounty hunters especially benefits from the introduction of a new project because it's 90% sure to run a bounty program.

But what if the new projects stopped being introduced for us to focus on the thousands of projects that is already in the crypto space and individuals or teams that genuinely wants to make a change can instead either buy all these failing projects and work on them or offer to partner with the teams of the failing projects in a bid to recreate. I mean they could still run airdrops and bounty programs again to reintroduce their projects. Ain't nothing wrong with that right?

Just thinking aloud, don't know the repercussion of this idea, but back me up if it makes any sense

Some dead projects already revived and developed by the new developer but it's not so easy as you said. When you are trying to revive the bad project with bad credibility and then that main problem is your name was getting destroyed in the past and that will be so difficult to re-built it again.

[ifykiki]

Every day is a new day and every day we are facing new challenges and problems and so we are finding a solution/answer to it. This is the ICO (New projects) goal to solve an existing or new problem to our society through blockchains and by introducing a token in order to support the system.

Every new projects has their own problems to be solved, we have a lot of problems right now and through blockchains and new technologies we're able to solve them 1 by 1 that's why every project has their own special uses.

These are the reasons why there's an shit projects:
1. The projects goal is just to earn and leave the project (Scam)
2. The solution of the project already solved by other project
3. The investor wasn't enough and so the team can't continue the project

I hope I enlighten you a little. This is all according to my own perspective.

Yes I'm aware of the fact that  new projects come in to solve different problems, but can't a new team come of with their new ideas and partner with an old team that has an idea that is almost same as the new team's idea and they work together? It might look or feel like a useless idea but it could reduce the the level at which scam enters the cryptocurrency market. I kinda feel like all the projects currently in the cryptocurrency space has already tried to solve almost all the problems we can think of, if the projects are dying, I feel they should be improved on instead of getting a new ICO and a new whitepaper to fix the issue

[rafi035]

I keep wondering why new projects are being introduced into the cryptocurrency economy and we all will agree that about 80% of these new projects either don't do well or exits as scam. I know that bounty hunters especially benefits from the introduction of a new project because it's 90% sure to run a bounty program.

But what if the new projects stopped being introduced for us to focus on the thousands of projects that is already in the crypto space and individuals or teams that genuinely wants to make a change can instead either buy all these failing projects and work on them or offer to partner with the teams of the failing projects in a bid to recreate. I mean they could still run airdrops and bounty programs again to reintroduce their projects. Ain't nothing wrong with that right?

Just thinking aloud, don't know the repercussion of this idea, but back me up if it makes any sense

Some dead projects already revived and developed by the new developer but it's not so easy as you said. When you are trying to revive the bad project with bad credibility and then that main problem is your name was getting destroyed in the past and that will be so difficult to re-built it again.

The loss to the trust of investors and the good name is bad, if you have done it to the next, repeating it from the beginning it is not possible to grow again.

[ifykiki]

I keep wondering why new projects are being introduced into the cryptocurrency economy and we all will agree that about 80% of these new projects either don't do well or exits as scam. I know that bounty hunters especially benefits from the introduction of a new project because it's 90% sure to run a bounty program.

But what if the new projects stopped being introduced for us to focus on the thousands of projects that is already in the crypto space and individuals or teams that genuinely wants to make a change can instead either buy all these failing projects and work on them or offer to partner with the teams of the failing projects in a bid to recreate. I mean they could still run airdrops and bounty programs again to reintroduce their projects. Ain't nothing wrong with that right?

Just thinking aloud, don't know the repercussion of this idea, but back me up if it makes any sense

Some dead projects already revived and developed by the new developer but it's not so easy as you said. When you are trying to revive the bad project with bad credibility and then that main problem is your name was getting destroyed in the past and that will be so difficult to re-built it again.

It mustn't be projects of teams that have already lost their reputation though.

[okala]

Existing team to buy new coin to develop on them you said that will be very hard because different team come with there own road map that will lead them and if any existing team should get involve they may lack the right directives to become successful. I don't think the introduction of new projects will never end because the cryptocurrency industry is still at it early stage and lots of companies and business are adopting it for they progress.

[Reid]

It is actually an easy answer.

They all want to reach the same value as bitcoin is.
Why? They want the money in it. Greed will always be there. At start it will look like just the same project as others with a perfect roadmap. But give it a year and then say goodbye to it.

If they were not around we could be seeing an enormous value of bitcoin now. Divided money to other coins is just getting higher. You could almost see every project hitting a small cap and those are millions of dollars.

[geminiboy]

Every day is a new day and every day we are facing new challenges and problems and so we are finding a solution/answer to it. This is the ICO (New projects) goal to solve an existing or new problem to our society through blockchains and by introducing a token in order to support the system.

Every new projects has their own problems to be solved, we have a lot of problems right now and through blockchains and new technologies we're able to solve them 1 by 1 that's why every project has their own special uses.

These are the reasons why there's an shit projects:
1. The projects goal is just to earn and leave the project (Scam)
2. The solution of the project already solved by other project
3. The investor wasn't enough and so the team can't continue the project

I hope I enlighten you a little. This is all according to my own perspective.

Yes I'm aware of the fact that  new projects come in to solve different problems, but can't a new team come of with their new ideas and partner with an old team that has an idea that is almost same as the new team's idea and they work together? It might look or feel like a useless idea but it could reduce the the level at which scam enters the cryptocurrency market. I kinda feel like all the projects currently in the cryptocurrency space has already tried to solve almost all the problems we can think of, if the projects are dying, I feel they should be improved on instead of getting a new ICO and a new whitepaper to fix the issue

growing projects that are dying is not a good idea, dead projects will not be trusted anymore if they have to partner with new projects, but what happens is that new projects come with the same team from dead projects, they rebuild new projects with increased programs but that not necessarily successful because they have been disabled with a failed project

[Sundaey]

I think you are right, but talking about new things they're meant to be happening as far we'll develop new ideas every day. Believe me what if the best in crypto space hasn't happened yet, you just have to keep checking and comparing them to know whose one to go for, not about how plenty the projects are.
Another thing is that old projects can't introduce airdrop or bounty when they're already trading, even there's very small in rewards.

[alonelyorange]

The new project is IEO investment because its more potential where many investor want to buy and always sold out just one minutes, you can try buy it or give your fund for other to buy IEO token.

[enhu]

New projects means new competition. What can happen which had already happened before is that the old projects stays, they can be left behind if not progressing or they can outrank the ones above them if the team strikes well to improve and serve their community. Take TRON for example, you will never see tron under $0.05 after a year, and each year will keep going up even when bears  take over the market for a year.

[Muzika]

it is just like a competition on market outside, if someone's business already existing then they are trying to do the same with a minimal improvement for them to be known and make new investors or make a new hype. As long as there is an innovations in the market ICO will continue to excel whatever the real purpose of it.

[minersday]

The world we live in keeps changing as days go by and new problems are being generated from existing problems or solutions. New projects introduced to the crypto space are usually projects developed to bridge a gap identified by an existing projects which they were not able to provide a better solution to the problem. New projects usually introduce an upgrade version of the blockchain technology which usually focuses on making this technology more useful and easy to comprehend how this technology can transform our world and the crypto space to be specific.

[Adriano2010]

I think they make New Projects every day trying to get somehow Bitcoin or Eth funds and after a time is very possible that they exit scam and run away with funds and never do what they say at the start of project, i think if they do not have a working product and a new solution for crypto better don't create new coins because people will not invest like in 2017.

[awakpane]

In my opinion, the number of new projects popping up is a sign that it is good for the development of cryptocurrency. indeed we hope that the presence of a new project can reap profits even though sometimes there are also many projects coming out as a scam.

[Gabmot]

Since the idea behind blockchain innovative is that so many ideas emerge in lieu of business ideas which we are used to before now, hence a need for these new projects to keep coming in. If we notice, each comes with a unique or an almost close to unique idea In making the financial world better for the poor, average and rich..

The sad part is many of these projects truly can't stand the test of time. It would have even been better if they aren't coming during this struggling season in the crypto world.. Hence, a reason why many of them are exposed the moment they get launched.. So pathetic.

[erikoy]

We couls not stop this projects because it came from different countries pf the world and expect that ICO project is essential especially to the community that would like this crowdfunding projects. This is actually in opposite to capitlism to which this is right so small entrepreneurs.

Who wants to have a project to be run by someone and if you have contributed even of you will just be waiting then still you calan profit. Just ask nicely to the concerns of there are questions regarding with how they run the implentation of the ICO projects.

[crispyfry211]

New projects are the new topics now because some are thinking that the new released projects are much better than the past project or the on going projects.as the market has been growing again then new projects come out and this is the way of projects to have a chance to attract investors to invest but not all new projects are good always remember that scam is everywhere.