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Author Topic: What is happening to new projects?  (Read 5845 times)
jhongzjhong
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September 13, 2019, 07:32:32 PM
 #61

I think it's because are already fed up with the amount of scams that are happening with all the projects. Almost everyday we hear people complaining about how they got scammed investing in a shit project.
Almost everyday we hear people saying how the ended up losing their investment investing into some project.
Obviously it can't be a good day everyday. Not every coin can turn out to be bitcoin.
That is the fact and almost all of them have become a scam or exit scam. Well, all the projects are not meant to die but it really depends on the investors in order for the project to be able to last long. Investors need to know the goodness of that project in order for them not to experience losses. So if the investors won't get benefits on that project maybe they won't get interested in it so that the time the project will die. Good to know if there is launching a new project they must have a verification first like EIO that will make sure the quality of their product.

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htsy585
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September 13, 2019, 08:31:22 PM
 #62

What the *eck is going on? we have many good projects coming into crypto space but they mostly end up failing, too many good new projects are dying as if they are been created to just die, what do you think its killing new good projects apart from scam projects?

This is also the area I feel regulation and control is needed. The Ethereum Blockchain has been abused likewise the space itself simply because a person knows how to create smart contracts. This proliferation of crypto projects is not healthy and rather does more harm than good. We need to find a balance
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September 13, 2019, 09:40:59 PM
 #63

What the *eck is going on? we have many good projects coming into crypto space but they mostly end up failing, too many good new projects are dying as if they are been created to just die, what do you think its killing new good projects apart from scam projects?
First they are dying because there is nothing to show for and with the nature of the crypto space now, most are on the path to closure. Secondly, they are not only created to die but to directly or indirectly enrich the team. Because, looking at it from another angle, why would a new project just fail and die without lasting or giving a good impression?; so it is evident the team are just here to make money and doesn't care what becomes of the project. From the happenings in this space, we should be extremely careful of the projects we get associated with and if there is any wrong signs sell off and move on.

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September 13, 2019, 09:44:43 PM
 #64

What the *eck is going on? we have many good projects coming into crypto space but they mostly end up failing, too many good new projects are dying as if they are been created to just die, what do you think its killing new good projects apart from scam projects?
Now many projects fail due to the fact that bitcoin dominates the market, after bitcoin begins to lose dominance, the altcoin market will definitely begin to grow, only you need to choose such coins correctly , I would now take bnb.

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September 13, 2019, 09:46:13 PM
 #65

Due to lack of proof of work and product they're all dying off. New cryptocurrency projects have nothing new to add to the space they're irrelevant to us.

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September 13, 2019, 10:02:19 PM
 #66

Due to lack of proof of work and product they're all dying off. New cryptocurrency projects have nothing new to add to the space they're irrelevant to us.
They don't and they don't have because their projects seem to be helpless and useless.
How they could attract investors if they couldn't see any potentiality that could give them returns. They are off into them cause the developers never been taking care of them but jus of a selfish action to show.

With the numbers of the project today IEO and ICO, I really impressed if 20% (at least) of them will succeed.

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September 13, 2019, 10:22:35 PM
 #67

Not every god project is created to solve a real problem in the world , that’s why some just die even though they seem good ! Moreso , crypto now has taken  another turn where all projects are dipping everytime ! So it’s really difficult for good project to rise at this time !
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September 13, 2019, 11:26:33 PM
 #68

A project does not necessarily need to be scam before failing.
- A team without expertise in block chain technology and the essence of the project, can lead to project failure.

- A project with no core mission. No particular problem to solve and with no working product, is bound to fail.

- A project that is not community driven can fail.

There are so many reasons, but let me limit it to those few ones, while others continue.
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September 13, 2019, 11:56:15 PM
 #69

Not every god project is created to solve a real problem in the world , that’s why some just die even though they seem good ! Moreso , crypto now has taken  another turn where all projects are dipping everytime ! So it’s really difficult for good project to rise at this time !
But projects that are real-use and are easily applied in everyday life will usually be more interesting, and that becomes its own advantages from the project. Look, a project that truly runs its roadmap and strategy to the maximum will definitely increase investor confidence.

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September 14, 2019, 12:46:09 AM
 #70

What the *eck is going on? we have many good projects coming into crypto space but they mostly end up failing, too many good new projects are dying as if they are been created to just die, what do you think its killing new good projects apart from scam projects?

For projects that were originally made as actual projects, new projects may fail because of increasingly fierce competition in the market for the attention of investors. But there are projects that are made to deceive and I think this needs clear regulations so that the security of investor funds is more secure
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September 14, 2019, 01:34:04 AM
 #71

Only projects with unique idea, working product, experienced team and well structured token sales is more likely to survive of late because lots of investors have lost interest in these stale projects which add nothing new to the crypto space. Most projects are failing because the team are just in to fill their bags with investors funds and abandon the main idea of the project.

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September 14, 2019, 01:37:14 AM
 #72

Not every god project is created to solve a real problem in the world , that’s why some just die even though they seem good ! Moreso , crypto now has taken  another turn where all projects are dipping everytime ! So it’s really difficult for good project to rise at this time !

I think the current new projects attract very few investors because this market is in a bad stage and not good for investment. I have observed a lot of new projects lately and most don't have any investors involved because the risk can be great if you do not have the basic knowledge of the investment. I personally only trust IEO projects at big exchanges because that is where projects can help you earn stable profits and always have very high liquidity

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September 14, 2019, 02:28:13 AM
 #73

i think some project ended with failing because they are not serious to work on their project, some project succes on their ico but after that the team not professional to work on their project. They care about fundraising only. Also market condition that make the project fail, the price at first hitting market maybe good but domination of bitcoin itself that make another alt down
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September 14, 2019, 04:52:54 AM
 #74

What the *eck is going on? we have many good projects coming into crypto space but they mostly end up failing, too many good new projects are dying as if they are been created to just die, what do you think its killing new good projects apart from scam projects?

They are not marketing their project properly all these projects got funded, but look what happens to them, they just set up their platform and do nothing about it, they have the funds to promote their project but there are a lot of alibis, they wait for the market condition to get better.

It's not going to happen, they have to update their investors and their supporters, if you look at this project, they don't have updates here on Bitcointalk, and their other social media.

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miningguru
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September 14, 2019, 05:01:47 AM
 #75

What the *eck is going on? we have many good projects coming into crypto space but they mostly end up failing, too many good new projects are dying as if they are been created to just die, what do you think its killing new good projects apart from scam projects?

They are not marketing their project properly all these projects got funded, but look what happens to them, they just set up their platform and do nothing about it, they have the funds to promote their project but there are a lot of alibis, they wait for the market condition to get better.

It's not going to happen, they have to update their investors and their supporters, if you look at this project, they don't have updates here on Bitcointalk, and their other social media.

Yes, we are observing the same behavior from the many other projects, even after collecting very good amount during their crowd sales but they are not bothered about the investors. Why don't they market their development and it will help the company to get more awareness about the coin.
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September 14, 2019, 08:14:33 AM
 #76

Yes, we are observing the same behavior from the many other projects, even after collecting very good amount during their crowd sales but they are not bothered about the investors. Why don't they market their development and it will help the company to get more awareness about the coin.
yeah, mostly projects like you said. they care more about their profits and don't care about the fate of investors. that is why many projects are very good and have a very good development team but cannot develop properly because there is no support from investors. investors have lost confidence in new projects.

so i think, right now investors are focusing on bitcoin or altcoin which is more promising and already has a big name than the new project.
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September 14, 2019, 08:38:27 AM
 #77

Yes, we are observing the same behavior from the many other projects, even after collecting very good amount during their crowd sales but they are not bothered about the investors. Why don't they market their development and it will help the company to get more awareness about the coin.
yeah, mostly projects like you said. they care more about their profits and don't care about the fate of investors. that is why many projects are very good and have a very good development team but cannot develop properly because there is no support from investors. investors have lost confidence in new projects.

so i think, right now investors are focusing on bitcoin or altcoin which is more promising and already has a big name than the new project.

but if investors lose confidence in a new project, then why do they still put their money in the project? Now I cannot fully conclude that the new project will end in fraud, most of the similar cases are not because developers do not care about the project, but rather good and caring developers prefer to maintain the stability of their projects so that investors do not lose trust anymore.

The bitcoin price trend has changed investor interest when the market goes down, the reason why many people switch to bitcoin is because investors maintain their financial stability in safer bitcoin.
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September 14, 2019, 08:45:33 AM
 #78

Yes, we are observing the same behavior from the many other projects, even after collecting very good amount during their crowd sales but they are not bothered about the investors. Why don't they market their development and it will help the company to get more awareness about the coin.
yeah, mostly projects like you said. they care more about their profits and don't care about the fate of investors. that is why many projects are very good and have a very good development team but cannot develop properly because there is no support from investors. investors have lost confidence in new projects.

so i think, right now investors are focusing on bitcoin or altcoin which is more promising and already has a big name than the new project.


Are there any projects that generate profit? I just don’t know about such people. I know that they raised money from investors and are supposedly working

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September 14, 2019, 10:31:54 AM
 #79

You are right too many new project are launching but most of them are fall to failed. I think the reason behind that is lack of marketing strategies. Because in even in other business it is the very important factor before lauching, the same here at crypto industry you need a good marketing startegies to make your project's success. And other reason is investor's doubt, they are afraid thet the new project will fall fo scam.
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September 14, 2019, 11:02:16 AM
 #80

A lot of factors are influencing the success of a project. A team can be a bunch of garbage, exchanges could be bad, community can act like idiots, a regular scam and much more reasons. You can never predict such scenario, so the only thing that is left is hope.
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