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Author Topic: What is happening to new projects?  (Read 5845 times)
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September 13, 2019, 07:28:00 AM
 #41

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?

One factor is that when they face or encounter hardship and they lose drive. Hope our VOUC token project will not fail and end like those you said.
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September 13, 2019, 07:35:33 AM
 #42

Maybe i agree with first sentences. Nowadays new projects looks like created to raise money and then died. Maybe if something like this keep happened, crypto itself wouldn't very good because investor will lose their trust about it. And what we aim is mass adoption so crypto itself can be used by a lot of people.
that's right, right now there are many projects that seem to have been created just to raise some money and then die and go back to making a new project, then die again.

but if we look at it from another side, this actually happens because the market is in a bad state.
so, this has a very bad influence on the development of new projects although the project looks good, investors are not interested in investing because they are more focused on old coins such as ethereum and bitcoin. that's why many new projects now can't develop.

as you already said that many scammers copy back old white paper projects and change them back to make them look real. sometimes it is difficult to distinguish correctly.

yes The bearish market can affect the adoption of crypto, but if a new project cannot be developed properly, the answer is only on the developer and the project team, because they have full control over the project. if they cannot drive properly, of course the project cannot function properly. , it's just about how the team manages their project and can restore investor confidence back, so that the project has hope for the next good growth.

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September 13, 2019, 09:41:29 AM
 #43

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?

I ask you these. The projects you say are good. Are they currently under development or they are fully functional? Investors are wiser now. If you start a token sale without a project that is already started operations at least, chances are that it will fail because those investors that buy it will be after instant profit since they are aware that devs are cunning and can dump the price. Only projects that have at least started functioning that investors will take seriously

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September 13, 2019, 10:04:21 AM
 #44

...many scammers copy back old white paper projects and change them back to make them look real. sometimes it is difficult to distinguish correctly.
We can't deny the fact that there are frauds in the environment, besides this is how these people work for them to live in a high standard community.

Not just those copy pasted whitepapers can do that crime, also the new ones who has some freshly baked proposals until they get the money that they want they'll eventually throw everything out without thinking that they could even gain more if they seem to be legit and continiously  run those projects.
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September 13, 2019, 10:33:30 AM
 #45

We cant really tell whats gonna happen in the long run of the business, maybe they just luck the marketing or they stop marketing, they should understand that marketing is the best asset in order to survive whatever business they have, they just miss the ride i think, and they should come up and idea in order not to stop the business, still community support is an important thing in crypto world, without it, business may fail in due time.

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September 13, 2019, 10:38:16 AM
 #46

Personally, I think new projects that are affected by old projects are mostly due to failure to raise capital successfully and partly because of frauds caused by ICOs, it's difficult when new projects are good. but adversely affected thinking that investors are less interested in new projects.

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September 13, 2019, 10:46:11 AM
 #47

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 is a very difficult time for the cryptocurrency industry and therefore many people are afraid to make investments in projects that conduct ICOs, but projects that conduct IEOs on top exchanges such as binance, here people invest their money in such companies, and at the moment all these companies who conducted IEO on top exchanges are developing well, so just a good product is not enough, you also need good marketing to attract investors.
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September 13, 2019, 11:40:53 AM
 #48

It's not just scam projects, other decent and revolutionary projects that have what it takes to soplve many of the problems in crypto suffer through lack of funds. Ico's are mostly scams and raise a lot of money. Honest projects don't scam money and then can't copete because of the greed of many exchanges out there. The listing fees are crazy. Then you have the youtubers and influencers who charge absolute fortunes just for a 30 second mention. So marketing is a problem too. Ultimately many good projects don't even get to be known and fall away. It's a real shame but crypto is riddled with greed. a decent coin that tries to distribute it's coins fairly will also suffer because they might dpo bounties and airdrops. These get stripped by the hunters who have no interest at all in the coins features. Only wanting to dump each time they get their coins.
We are trying our hardest to make our project fly. We have a great and open team and really think we have answers to many of crypto's problems right now. But it will come down to how well we market ourselves and how we spend our meagre funds to further the project. And it's the same for other well thoughout and fair projects out there
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September 13, 2019, 11:46:57 AM
 #49

These are the reasons so many new projects end up dead or failed
1. Lack of devotion
many project teams care less about the project success and care more about their own pockets
2. Lack of professionalism
Some devs always end up looking for teams through websites like linkedin that anyone can just create and put up something they don't know very well as their life jobs on the website and you start contacting them to be part of your team, in the end they are really not who they claimed to be

Even some devs are not professional too, they end up screwing things up faster and even projects with fake teams

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September 13, 2019, 12:12:07 PM
 #50

crypto is still in a state of emergency, the market is still bleeding. that is why new projects are now very difficult to run as expected. and again, investors also still don't believe in new projects because there are many scam and failed projects that make investors experience a lot of losses.

so investors now prefer to save their money on old coins that are not too risky to be lost or die.

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September 13, 2019, 12:18:36 PM
 #51

I don't think that the ICO/IEO market today are dying. With the IEO era, good projects have been doing good in raising funds and I think that is good because investors learn how to do their own due diligence in investing in a good project. New projects that didn't succeed means they are not good enough.

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September 13, 2019, 12:41:18 PM
 #52

When something is numerous, the counterfeit is easily created and mixed up.many fake project has risen, in as much as people want to attempt beating the odd, making their ways from the hard time. In the midst of the bad ones there are very good and reliable ones. Some are actually designed to be good but inability to meet up with their hardcap they forfieted it. Some will announce before disbanding the project while the bad ones won't, they just keep silent.
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September 13, 2019, 12:48:27 PM
 #53

I guess it's natural, new altcoins and old altcoins will always compete, that's why bad project will die immediately.
there will always be a successful project and there will also be a failure.

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September 13, 2019, 01:32:38 PM
 #54

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?
The main reason that projects fail is the lack of investor confidence in new projects. The reason for this is a lot of scam.


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September 13, 2019, 01:59:44 PM
 #55

You might see too many projects from the cover, and they actually want to stand like other projects but market competition beat it, proof that their products have not been able to provide progress in crypto
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September 13, 2019, 02:07:34 PM
 #56

In previous year various projects was scams and new project that is coming in market also most of them are scam, the main purpose of 95% projects is making money through selling their tokens to investors in ICO or IEO and after listing in exchanges also that is the reason investors not investing in good projects and investors careful about scam projects and just investing in BTC and good coins.

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September 13, 2019, 02:15:00 PM
 #57

Those new projects are just experimental most of these are scams, most of them are copy cats of those existing projects. But those projects that thoroughly planned and made unique ideas that are now successful are those projects that have strong team of experts in their fields.
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September 13, 2019, 02:43:05 PM
 #58

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?
I agree if you kill a project that smells of scam, because that is what interferes with the growth of crypto, but to kill a good new project is not agree. The crypto world is a predictable world, this is only the beginning for a new project. In the future, I am sure that having a new project will help crypto grow.

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September 13, 2019, 03:20:14 PM
 #59

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?

effective ways to kill new projects that fail are never to promote it again and not follow its development. because it's useless and just a waste of time.
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September 13, 2019, 03:46:55 PM
 #60

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.

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