NoirSuccubus
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September 24, 2019, 02:01:27 PM |
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If we look closely we will see that good projects still exist but nowadays it’s not easy to spot one among frauds masquerading as friends.
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ven7net
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September 24, 2019, 02:13:42 PM |
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I believe that good projects are not successful due to the fact that the investor and the community that supported them go to other new projects in order to cut money there first. In principle, for me this is not surprising, since this happens in other business areas. I am very sorry that this is happening and in order to solve this problem, the projects need to be given better conditions in order to keep their audience.
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iv4n
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Get Flush at flush.com
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September 24, 2019, 02:44:04 PM |
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Good ideas, bad realization, sadly. Teams have knowledge, but lack of experience in crypto space. Good ideas doesn`t make project, you need to have a good team with smart people on the right places, smart planning all steps and strategies, careful risk management, ability to recognize potential risks and change management if needed. Project fails cause teams get into unprepared. It`s on us as investors to recognize potential of the project and invest, or to see possible flaws and stay out of it, in any way there is no regret what ever you do.
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cdog
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September 24, 2019, 02:46:41 PM |
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It is because new projects often failed to raise their funds, soft cap was not reached. Good project in cryptocurrency must be able to give their investors proof of profit instead only some promises, otherwise there won't be any investors support the project.
That's right, developers have the biggest responsibility here, investors will only throw away their tokens if they don't see updates, development on their side, developers have to convince investors that they are in it and work on their platforms, but the most important part is marketing their platforms. so investors will follow the decision of the whales and the majority.
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Endikadija
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September 24, 2019, 03:06:48 PM |
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Good ideas, bad realization, sadly. Teams have knowledge, but lack of experience in crypto space. Good ideas doesn`t make project, you need to have a good team with smart people on the right places, smart planning all steps and strategies, careful risk management, ability to recognize potential risks and change management if needed. Project fails cause teams get into unprepared. It`s on us as investors to recognize potential of the project and invest, or to see possible flaws and stay out of it, in any way there is no regret what ever you do.
most of the case it is like that. There are always some factors that determine whether a project will be succes or not and the capability of making their idea into realization is among the most important thing. as I've seen quite many of the projects trying to execute their idea after the funding phase ended but doing really poorly.
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Ozero
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September 24, 2019, 06:01:33 PM |
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Good ICO projects with new ideas and a work product appear now. However, investors began to take a more selective approach to investing, as they often began to lose their invested funds due to the high level of fraud in ICO projects. However, new ICO projects are now not popular in many respects due to the poor state of the cryptocurrency market. In the past and this year, altcoins practically did not grow in price at all, on the contrary, many of them fell in price by 90 percent. Therefore, we need to wait for the cryptocurrency market to grow. When altcoins grow in price, the popularity of ICO projects will also increase.
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yulchatar
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September 24, 2019, 06:12:10 PM |
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There are no many new ideas now, the majority offers what is already on the market, improving the initial idea a little, and sometimes not doing it at all. In addition to a good idea and a strong team, it is important to get widespread and gain popularity. And this is the most difficult.
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Pamadar
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September 24, 2019, 06:23:28 PM |
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There are no many new ideas now, the majority offers what is already on the market, improving the initial idea a little, and sometimes not doing it at all. In addition to a good idea and a strong team, it is important to get widespread and gain popularity. And this is the most difficult.
Absolutely many projects no longer offers new ideas that can deal with investors needs, more projects being a copy or being conceptualized with working projects, it's doesn't excite the investors anymore. there should be a good balance so if any project being propose there's should be a good usable involvement with ho crypto will flourished and continue surviving around the industry.
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terencio
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September 24, 2019, 06:38:22 PM |
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A lot of quality new projects, however to become successful is really hard due to bad market condition, and the crypto market does not fully recover from the huge crash last 2018.
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TrevorS
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October 01, 2019, 10:20:34 PM |
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I do not see anything surprising or abnormal in this. How many startups started in 2017 - 2018? A great many! How many have been successful? Units. Also in the crypto market most projects, as elsewhere, will not achieve their goals, due to the fact that they are not able to do this for a number of reasons, they will leave the race and leave the way for others. But how long it really takes to form cryptocurrencies in the form in which we want to see them is a big question.
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nanaimogold
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October 01, 2019, 10:48:11 PM Merited by TimeTeller (1) |
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I do not see anything surprising or abnormal in this. How many startups started in 2017 - 2018? A great many! How many have been successful? Units. Also in the crypto market most projects, as elsewhere, will not achieve their goals, due to the fact that they are not able to do this for a number of reasons, they will leave the race and leave the way for others. But how long it really takes to form cryptocurrencies in the form in which we want to see them is a big question.
I agree with your premise. The new projects are not recieving much attention nowadays because of what I call redundancies. Same thing(Whitepaper, usecase, Tokenomics, mainnet etc) over and over again. Traders and enthusiasts need something new or assuring to revive the interest in new projects. IEOs brought it early this year but it seems to be fading gradually.
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Kasabus
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October 01, 2019, 10:58:11 PM |
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I do not see anything surprising or abnormal in this. How many startups started in 2017 - 2018? A great many! How many have been successful? Units. Also in the crypto market most projects, as elsewhere, will not achieve their goals, due to the fact that they are not able to do this for a number of reasons, they will leave the race and leave the way for others. But how long it really takes to form cryptocurrencies in the form in which we want to see them is a big question.
In this market they are free to create projects based on their idea but the problem is can they survive or will the project has a potential to grow in the long run? That's the question that we have already answered and the its very negative since majority of the project are scams, some are not but they leave although indirectly since they stop developing the project already. There are a lot of factors that will affect the project, and based on what we witness, the main factor is the market condition, so if the market condition is bad, it will lead to some projects to struggle until they cannot survive anymore.
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Lexurdania
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October 01, 2019, 11:54:08 PM |
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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?
New projects quickly fall due to the lack of a good plan to face competition in the market and also the absence of products as well as the targets in the roadmap. Most new projects only want to reach the sales target and sometimes after the sales period is over, they forget about the project objectives made to produce a good product
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Colt81
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October 02, 2019, 01:37:20 AM |
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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 also think that good projects goes down because of scam and awful projects that makes a lot of investors and bounty hunters stop participating to it. Which they didn't receive any huge amount of profit, that is why there should be a good upcoming projects that will change everything, so that a lot of people will seek attention to new projects again.
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joinfree
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1A6nybMUHYKS6E6Z3eJFm4KpVDdev8BAJL
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October 02, 2019, 07:52:19 AM |
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Allot of new project is dying this day because of luck of funds. The truth is investors are now afraid to invest into new project because happened in 2017-2018 crypto scam. many project raised allot of money and run away with it. Right now i can tell you many project are struggling because don't have enough funds. I can tell you right now even bounty hunter are also giving up to new projects because they works for two to three month without receiving rewards.
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Crypto Enthusiast supporting innovative ideas for the Liberalization of the world from the Centralized Institutions.
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r_delossa
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October 02, 2019, 08:54:01 AM |
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They are dying because of the lack of interest, investments or strategic growth plan. One of this aspects is always critical and if there is no solid management team, ready product or a healthy community, they are shutting down.
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aces777
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October 02, 2019, 12:24:22 PM |
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A lot of these projects have nothing happening with them really. The truth is that they were originally bad projects, and lacked what it takes to survive in the crypto industry, hence, their inability to survive the market. Many of these new projects just happen to be scam, where their creators are only in for it, to enrich themselves, and nothing more.
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Masyudhi
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SmartFi - EARN, LEND & TRADE
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October 02, 2019, 05:33:14 PM |
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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?
So many scam projects certainly make us feel scared and be more careful before making a decision and it will also make a good project that will be difficult to attract investors because investors feel more careful and do not want to rush in making decisions because of the many the scam project. But, I think when we get a project scam it will become a learning for us to be more careful in choosing and observing a new project and of course we must know the risks that we will face in every decision we take.
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teosanru
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October 02, 2019, 05:42:33 PM |
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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 dying because they were created for a dying purpose first hand. Seriously when the crypto wave came in 2017 end and 2018 start think about the number of projects which came onto this forum asking for some funding in order to create some or the other idea over blockchain. We had companies saying they could build anything over blockchain may it be the great wall of China. Crypto world at that time was full of naive investors who thought that they could actually gain from these currencies as bitcoin too was a great success. These startups raised funding reached soft cap and then they began to work. By work i mean working on their social media page by posting pictures regularly and doing nothing in reality. All this lifted the trust of those naive investors who now never want to invest in this market. Truth is that without regulations ICO market has actually shown how shady people can be. I don't even know one single project except maybe bitpay or coinpayments who have actually delivered for what they raised funds. This is the reason new good projects are dying because people are least interested in investing in ICOs this is the last thing anyone would want to do.
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hahahafr
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October 02, 2019, 05:55:05 PM |
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Well the assessment of crypto projects are quite subjective mate and everybody has it's own criteria which he/she looks at before investing. Also, recently i have noticed that new and good projects are not really putting much efforts in the marketing of their project. come to think of it folks, who would know you are selling gold when you have it hidden in your room.
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