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Author Topic: New projects are responsible for the death of their tokens  (Read 859 times)
Samayuki (OP)
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October 05, 2019, 10:10:49 AM
 #1

In this kind of bad altcoin market i am still surprised that some new projects are giving out 50% price tag for their tokens, this is a project killer if you ask me, this move is only good if altcoin season is out and surging, 50percent is way too much in this kind of market we are in presently,  tell me i'm wrong

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October 05, 2019, 10:21:07 AM
 #2

In this kind of bad altcoin market i am still surprised that some new projects are giving out 50% price tag for their tokens, this is a project killer if you ask me, this move is only good if altcoin season is out and surging, 50percent is way too much in this kind of market we are in presently,  tell me i'm wrong

It depends on their situation if they are looking for early investors or angel investors. It is completely justified because it takes time to develop the project and it is reasonable for the project to give a huge incentive to their investors. But if they are doing it on purpose of creating hype or to boost the sale, this is completely wrong.
giving a 50% discount or bonus in bear market could kill the project instantly because we are lacking in demand and the development can not be done in a single night which will cause pressure to the project and coin value.
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October 05, 2019, 10:30:58 AM
 #3

In this kind of bad altcoin market i am still surprised that some new projects are giving out 50% price tag for their tokens, this is a project killer if you ask me, this move is only good if altcoin season is out and surging, 50percent is way too much in this kind of market we are in presently,  tell me i'm wrong

The projects where you see 50% discount have chosen a very good figure. I've seen worse. There are 90% discount projects. And the tokens of these projects lose 90% after exchange listing. And when that happens, bounty hunters are being blamed. It's not fair! and no one talks about it.

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October 05, 2019, 01:15:00 PM
 #4

Actually not always their fault, sometimes it's just the fault of the sheeps in this cryptoshpere.
As you may know we're all here to make money, some goo project simply die because they have $0 left to get listed into high liquidity exchange while other hit projects get listed there & still worth shit load of money which is kind of ironic.

I know an ICO that raised $150k only, imagine that & delivered a working product & still developing & the team is like working for free since months, they have $0 left to get listed into a decent exchange though.
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October 05, 2019, 01:59:41 PM
 #5

There are 2 sides of the story, the development team and the crypto market always have responsibilities as to why their token died. The volatility and the way how it can carry the value of your token is almost inevitable and only the whales can control it. But as for the founding team, regardless if it's a bear or a bull market, they should have no reasons of failing as long as they have the proper roadmap set and funding. There are platforms where the community can help develop for crypto, like tweeting an event, writing content, building dApps, etc. The dev team can always do something and make proper efforts as to how they can protect the investors and community as a whole.

50% bonuses on their coin offerings is not that bad tbh, I've seen worst.
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October 05, 2019, 02:12:47 PM
 #6

if they do some way so that when the market price list is not destroyed, I think it can be considered because on the other hand it is the marketing system of a project but the existing management must be careful because the bonus they give is quite large. if they do a bonus sending method divided into several rounds then I think that's good. because large bonuses sometimes make investors come, with the condition that the project can be maximized in its target

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October 05, 2019, 02:23:32 PM
 #7

In this kind of bad altcoin market i am still surprised that some new projects are giving out 50% price tag for their tokens, this is a project killer if you ask me, this move is only good if altcoin season is out and surging, 50percent is way too much in this kind of market we are in presently,  tell me i'm wrong

The projects where you see 50% discount have chosen a very good figure. I've seen worse. There are 90% discount projects. And the tokens of these projects lose 90% after exchange listing. And when that happens, bounty hunters are being blamed. It's not fair! and no one talks about it.
I dont know why they blame bounty hunters if ever a project will fail after listing in an exchange, only 2-5% from the allocation fund are giving away for the bounty participants, it is also divided to different kinds of campaign which is really small for every individual compared to their investors who gets extra additional coin from buying in early stage which is up to 50% of their investment.


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October 05, 2019, 02:49:23 PM
 #8

It's a project killer in your own perspective but they are desperately selling their tokens. Discount is one of their marketing strategies so that investors will buy out their remaining tokens.
If they won't do something like that, they will have zero sales which is also going to lead their projects into death.

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October 05, 2019, 03:10:43 PM
 #9

It's a project killer in your own perspective but they are desperately selling their tokens. Discount is one of their marketing strategies so that investors will buy out their remaining tokens.
If they won't do something like that, they will have zero sales which is also going to lead their projects into death.

Well, in the first place, the project itself determines the volume of the cryptocurrency or tokens that they will going to create. They will be responsible no matter what happens on the market price if it is dumped. But I am pretty sure that each and every project is doing their best to research and study first the condition that they will going to enter when giving out discounts.
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October 05, 2019, 03:20:24 PM
 #10

the reason why their tokens have a very bad value or no value in the exchange is that they do not make their market have a strong interest. Developers are blamed, especially if they already use money from investors to make their products and don't develop. they should have a better plan for dealing with competition in the market.

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October 05, 2019, 04:15:26 PM
 #11

In this kind of bad altcoin market i am still surprised that some new projects are giving out 50% price tag for their tokens, this is a project killer if you ask me, this move is only good if altcoin season is out and surging, 50percent is way too much in this kind of market we are in presently,  tell me i'm wrong
We couldn't really blame them for their sale strategy.
Just think about it there are so many projecrs out there competing against each other.
So basically they would use different kinds of strategy but they should also know how to make it work.
Because honestly those giveaways are really the one who is killing the project and that is the main reason why the projects value is so low when they hit the market.

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October 05, 2019, 05:02:43 PM
 #12

In this kind of bad altcoin market i am still surprised that some new projects are giving out 50% price tag for their tokens, this is a project killer if you ask me, this move is only good if altcoin season is out and surging, 50percent is way too much in this kind of market we are in presently,  tell me i'm wrong
They want to sell some tokens and get worthy cryptos under their wallet,if anyone trust those shits and dream that they will be a millionaire soon will found the reality very soon.
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October 05, 2019, 05:17:22 PM
 #13

The fate of a coin is largely determined by the project management. A project management with expertise and professionalism is liable of succeeding because the team will eventually come up with a working product which has unique features to attract investors. The marketing team also plays its part as it ensures a strategic advertisement which leads to a successful token sales of the project.
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October 05, 2019, 05:57:21 PM
 #14

This decision has two sides of the same coin. On the first side is a good move to attract investors, and on the other side it is a big risk. Project developers should be able to correctly use this method of attracting investors.

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October 05, 2019, 06:05:48 PM
 #15

Thats often story. There are so many dead coins due to a lot of dead projects without devs
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October 05, 2019, 06:11:40 PM
 #16

In this kind of bad altcoin market i am still surprised that some new projects are giving out 50% price tag for their tokens, this is a project killer if you ask me, this move is only good if altcoin season is out and surging, 50percent is way too much in this kind of market we are in presently,  tell me i'm wrong

You are not mistaken.
That is the pure truth, it is true that there are many new projects that offer 50% discount, I think it has often happened before. And this is indeed wrong, I do not prohibit it. But this will really kill and will destroy their own tokens going forward.

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October 05, 2019, 06:14:10 PM
 #17

This decision has two sides of the same coin. On the first side is a good move to attract investors, and on the other side it is a big risk. Project developers should be able to correctly use this method of attracting investors.

I agree with that. Indeed their aim is basically like that. But most of these methods fail to apply. In sales they are indeed successful because prices have been lowered. But in the future they could not even maintain the value of the token and ended in destruction.



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October 05, 2019, 06:15:57 PM
 #18

In this kind of bad altcoin market i am still surprised that some new projects are giving out 50% price tag for their tokens, this is a project killer if you ask me, this move is only good if altcoin season is out and surging, 50percent is way too much in this kind of market we are in presently,  tell me i'm wrong

Early investors are very important for a startup of a project. If you have enough early investors it does not mean that you have a good project. Or if you do not have any early investors it does not mean your project is bad.

Project teams need fund for their project for build something. In some cases depends on the situation of the market it is easy to find early investors. At a bear market it is not easy, so projects can decrease the prices.

There are also projects that early investment prices are higher than public sales prices. MArket conditions determines the interest so prices.
Willitivity
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October 05, 2019, 06:33:05 PM
 #19

In this crypto space and even on other spheres of life, starting up a new project is demanding, especially financially. At the beginning, much funds is needed to set things in motion and this explains the huge discount at the beginning, just a desperate effort to raise money.
They don't actually care about the impact of this in the long run, and most of the times after listing with the first pump, everyone just dumps on exchanges and move on
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October 05, 2019, 06:39:35 PM
 #20

Here you need to understand at what stage such a discount is given. If this in the main parts of sale the this bad a badge of. The project team is thus trying to lure as many people as possible to collect at least some money. I avoid such things if I'm looking for a project to invest in. It really ruins the project, especially in this market.

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