Why new Projects?

[DarkEagleMan]

Although it seems that there is already an excessive amount of projects, there is still room for many more because everyday reality demands endless solutions for which there may be better offers than there are now, or in any case, a efficient marketing team can create an interesting market where now there is not.

The problem is not that there are enough projects already, maybe the problem is that financing through ICOs may not be the one that has offered the best results to developers and investors, and that is why we see so many failures.

[BCTS]

For the project to succeed, it needs investment. I've seen the community try to revive coins that developers have abandoned, but they have not achieved any tangible success. Today, the project should stand out with a very promising concept and offer a solution that can stir up the market. Therefore, new projects are still needed.

[yslyv]

Because cryto currencies are based on blockchain technology. And bockchain technology can have so many good solution for many different cases. So new projects may brings new solutions.

[rijaljun]

It means that more people are paying attention to the crypto space by building their company with blockchain. But, also it could because many scammers trying to robb money from people through tokensale.

[ameliana]

It means that more people are paying attention to the crypto space by building their company with blockchain. But, also it could because many scammers trying to robb money from people through tokensale.

what is certain is that there are many people who want to profit in cryptocurrency and that proves that crypto has attracted many people, but indeed unfortunately most new projects today are fraudulent so we really have to be very careful in choosing projects.

[Gab20]

If bounty ends by virtue of the stop to the much of ICO, some bounty hunters will be left with nothing to do again, but those who can search further for more opportunities will be able to find newer and more effective ways to earn.

[Runbitup]

If bounty ends by virtue of the stop to the much of ICO, some bounty hunters will be left with nothing to do again, but those who can search further for more opportunities will be able to find newer and more effective ways to earn.

for example, I follow some Airdrop for my part-time work, and why Airdrop is used as part-time income because the results are uncertain so we really need to be smart in finding ways because in crypto there are many ways you can get profit, and trading is the best way to look for profit.

[andreizver]

I am not agreed that almost all new projects are scam. I think that now marked are cleaning because bitcoin falls a lot, so for that reasons scams gone and stayed only goof projects.

[axel2078]

The issue is not the Introduction of new projects because each project is aimed to solve one problem or the other. Rather the issue is, most of these projects have nothing to offer, some are just pump and dump, hype etc. Only a few are living up to expectations.

[Wale777]

Crypto space is well decentralized and we will always have new projects as there are a thousands and one probkes to proffer solutions to and if any idea is replicated it should be and advancement on the forme, it is just left for the consumers(investors) to be diligent and not fall prey of scam, 2019  have experience a drastic drop in the level of ICO proliferation because of the bearish market its only the few genuine project that are still standing

[rdewilde]

The answer is simple, there are new projects coming in everyday as blockchain technology has given developers the power to develop new and amazing platforms or projects. It is right to know that only few projects are truly out to make a change others are out to scam so there is need to be very careful on what we invest.

[jerrison]

as the day breaks around the world so is the birth of various ideas by loads of people from different works of life towards the advancement of their jobs, professions and even ideas that solves real life problems and they are all brought to the blockchain space to bring about different solutions to challenges already existing

[Ranly123]

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

Don't care about new projects introduce to the crypto world as long as they won't be redundant projects. For sure, many projects have the same platforms which makes the usage redundant for investors to join.

[irixo10]

In as much as new issues keeps coming up, thus the need for new projects keeps coming up too. Every project promises one thing or the other, but as have been seen nowadays almost 95% don't even fulfill their promises as they are out for the money, but those who try in solving underlying issues are actually the right projects needed both in this space and the world at large.

[EnormousCoin101]

Its all about the market competition since the cryptocurrency and blockchain technology is on mainstream. A new project is created that offer to solve a real-life problems much accurate and faster compare to other project that has same concept which is already available in the market.

[Badhuamin]

but many of the ico projects that failed last year will disappear as if they were swallowed up by the earth and for now it might be nice if they fail in ico they can try better if they really have a good project.

[dimastegar]

There are always updates from every new project that comes to crypto. Of course many blockchain projects have the same field. But they bring different teams and ideas. To be able to compete to get more users and move forward, a mature strategy is needed.

[LbtalkL]

Everyday we have new problem and everyone wants to create a solution for it, and also there are new discoveries. So that is why new projects keeps popping out. But we cannot deny the facts that there are many projects that are just scam and we need to filter them, report if found scam with some valid evidence or create a scam accussation thread.

[sandra_x]

There is always room for a new project if its proposed niche and solution uniquely satisfy a sizable community. Unfortunately, many of these projects re just out to raise cash for themselves and have no intention of adding value to the space.
 

[Akpuv]

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

The majority of the new projects are just to make quick or free money from investors. If I have my way, similar tokens should be merged to decongest the market.