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Author Topic: Reason why only few projects became successful  (Read 5387 times)
South Park
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August 14, 2019, 05:04:32 PM
 #41

Do you know why only few projects are dynamic and effective? They have genuine/pro teams and their Teams & Developers are experts with past experiences from other crypto businesses and companies in their pasts,when pro teams come together to build new ideas they will easily reach their milestone and become successful. If you can do research on projects that arent scam but failed its because they lack the professionalism idea.

Many projects that are coming into crypto worlds are been built by teams that have no experience about crypto at all,this is why many projects that appeared to have good ideas failed in the end.

Projects with pro teams always have a solution to every problem they come across when development is ongoing,either in Bear Market or Not they always know what to do that won't affect their coin or token
That is without a doubt an important reason but it does not tell the whole story, if a team did not had any previous experience developing blockchain projects but if they were honest about their skills and they were willing to work hard then we will see many successful projects, but that is not what we see, most of those that are releasing new coins not only do not have any experience, they do not care at all about producing a working product or service, they only want money at all costs and that attitude has created the current crisis that we are seeing in the ico market.

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August 14, 2019, 05:10:46 PM
 #42

because only projects that are truly serious in their work will survive in a very tight crypto market.
there are a lot of cryptocurrency projects that trace exactly to existing projects and we can see many projects that only make half-finished projects and leave when there is a lot of funding from investors it mean SCAM project.
i just hope no more scam project in cryptocurrency.
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August 17, 2019, 07:59:39 PM
 #43

And what prevents large, serious and smart people from creating new projects that will also all reach their goals?
Or what prevents brilliant students from building a team to create an idea to raise funds and bring everything to life?
Of course, from most projects, as it usually happens, most of them will not achieve their goals, but it always has been.

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August 17, 2019, 08:10:01 PM
 #44

Quality over quantity. The quality projects don't copy the other team's work, that's why these projects can be successful on the fundraising goal. Modern financial technologies have different qualifications which can't be found inside whitepaper of the failed projects. Few projects understand the needs of the crypto investors and they work with the different reserve plans if something unexpected happens.
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August 18, 2019, 03:05:19 PM
 #45

Do you know why only few projects are dynamic and effective? They have genuine/pro teams and their Teams & Developers are experts with past experiences from other crypto businesses and companies in their pasts,when pro teams come together to build new ideas they will easily reach their milestone and become successful. If you can do research on projects that arent scam but failed its because they lack the professionalism idea.

Many projects that are coming into crypto worlds are been built by teams that have no experience about crypto at all,this is why many projects that appeared to have good ideas failed in the end.

Projects with pro teams always have a solution to every problem they come across when development is ongoing,either in Bear Market or Not they always know what to do that won't affect their coin or token
It is not only the team behind the project that has a large influence on the success of the project. The product that was delivered and how to attract investors to invest in the project to get enough funds so that the project can run and be successful. Indeed, a professional and experienced team will consider all of these things in order to be achieved, but the products they carry must have innovation and be different from what ever existed.
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August 18, 2019, 03:11:29 PM
 #46

most projects are successful because the developer and the team can manage their projects well, besides if the project has a good road map and the team's reputation has extensive experience about the project, it is likely that the project can achieve the targets set.

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August 18, 2019, 03:11:50 PM
 #47

We are still at bear market and most project are down once enter the market.
In addition, ICO is not successful before as many groups are just scamming people. If IEO became more successful that is the reason that investors will be active again.
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August 18, 2019, 03:20:05 PM
 #48

I do not agree with you

For me it's obvious that projects fails at the most important thing to exist: What's the real problem that you project will solve?

You can have professionals, great devs, community etc, but if your project doesn't have utility, it'll die, no matter what

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August 18, 2019, 03:50:36 PM
 #49

Crypto experience is the main factor, agree. But another factor is perfect timing - if ICO is being held on a bear market, usually it fails. Saw some cases when the team was trying very hard, but failed in fact, because of the total panic at the market.

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August 18, 2019, 04:51:15 PM
 #50

the reason few projects get successful because they see what others don't and they have the optional to successfully launched the project.
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August 18, 2019, 05:10:16 PM
 #51

Do you know why only few projects are dynamic and effective? They have genuine/pro teams and their Teams & Developers are experts with past experiences from other crypto businesses and companies in their pasts,when pro teams come together to build new ideas they will easily reach their milestone and become successful. If you can do research on projects that arent scam but failed its because they lack the professionalism idea.

Many projects that are coming into crypto worlds are been built by teams that have no experience about crypto at all,this is why many projects that appeared to have good ideas failed in the end.

Projects with pro teams always have a solution to every problem they come across when development is ongoing,either in Bear Market or Not they always know what to do that won't affect their coin or token
  I agree with your point of view. Most of the bounty hunters they decided to join the project were because they saw the project had good developers as well as geinue / pro teams. It also helps investors to trust and invest in that project. So they will succeed more easily than teams without crypto experience



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August 18, 2019, 05:16:08 PM
 #52

ICO is not only about idea or product that you are offering it also about  branding, some of the ICO they don't market their very well and very lack of communication to connect their investors.

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August 18, 2019, 06:33:19 PM
 #53

The field of ICO and now IEO is already oversaturated with various projects that often repeat the same ideas. Even theoretically, all projects cannot be successful.

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August 20, 2019, 05:38:12 PM
 #54

I partially agree with you, but it’s not only the team’s experience. There are a huge number of factors. An experienced team does not guarantee success.
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August 20, 2019, 05:43:34 PM
 #55

Usually the main reason that makes the project does not work is due to lack of funding and results in failing to run the project. of the several projects that I have seen, most of the reasons are their funding. other than that the team is not serious in developing

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August 20, 2019, 05:44:16 PM
 #56

I do not agree with you

For me it's obvious that projects fails at the most important thing to exist: What's the real problem that you project will solve?

You can have professionals, great devs, community etc, but if your project doesn't have utility, it'll die, no matter what

The great majority of successful projects have not even attempted to solve real world problems. I don't even think that's a consideration for most investors.
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August 20, 2019, 05:45:28 PM
 #57

Usually the main reason that makes the project does not work is due to lack of funding and results in failing to run the project. of the several projects that I have seen, most of the reasons are their funding. other than that the team is not serious in developing
I agree most of the success of the project depends on funding because developers need to pay something and advertising needs to be promoted.  But it is also very important which product is the result and what is its feature.

 
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August 20, 2019, 05:54:51 PM
 #58

There is no space for every altcoin, only for the best one. Like in normal life, only few people become successful, there is not enough wealth for all, think about it in this way.  Wink

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August 20, 2019, 10:33:40 PM
 #59

Many projects that are coming into crypto worlds are been built by teams that have no experience about crypto at all and this is why many projects that appeared to have good ideas failed in the end because they lacked the knowledge to move forward. Most of these projects too are also bringing what already exist in the crypto world instead of bringing something new and these are the reasons why only few projects with dynamics are becoming successful.

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August 21, 2019, 01:54:48 AM
 #60

Many projects that are coming into crypto worlds are been built by teams that have no experience about crypto at all and this is why many projects that appeared to have good ideas failed in the end because they lacked the knowledge to move forward. Most of these projects too are also bringing what already exist in the crypto world instead of bringing something new and these are the reasons why only few projects with dynamics are becoming successful.


I agree that behind a successful project there must be an experienced developer team. New projects that emerge sometimes do not have an advisor or an experienced team in the cryptocurrency world so they cannot handle the complexity that occurs on the blockchain.

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