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Author Topic: Unfinished Projects  (Read 625 times)
DDante (OP)
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February 27, 2020, 07:14:12 AM
 #1

Since 2018 I have seen many new projects that come into crypto space with half plan and got the rest on roadmap, developers should stop this bad habit of introducing projects that aren't finished yet because many of them only get abandoned in the end, some have bad intent of grabbing money from ICO or fundraising and run away

To all investors out there think twice before you invest your money on projects that have promising future but haven't reached half way of production already, they are mostly red flags
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February 27, 2020, 05:02:34 PM
 #2

the same way you need to think before you invest in any projects that have a finished product. this of course increases your chances of success but still does not give any guarantee. you need to think before any investment.

Age Of Mars | GameFI Virtual colonization of Mars
kaya11
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February 27, 2020, 07:47:05 PM
 #3

There are also projects that were worth the wait, they have been active the whole time since 2018 and giving updates to it's investors and supporters. Recently there was a project that was brought up way back 2018 and was just listed a while ago for it's liquidation. This kind of projects are awesome and the people was right on to go aboard with them. But if we compare there are more projects who's developers ran and never came back, it will be obvious to know hen their telegram group is closed or no admins answering and worst is the site is unreachable anymore.
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February 27, 2020, 08:00:19 PM
 #4

Since 2018 I have seen many new projects that come into crypto space with half plan and got the rest on roadmap, developers should stop this bad habit of introducing projects that aren't finished yet because many of them only get abandoned in the end, some have bad intent of grabbing money from ICO or fundraising and run away
That's why they are selling the project to investors so that they will be able to finish it. But many investors don't care about these projects anymore base on the feedback that we have from the last 2 years. The ICO market is no longer viable and good because of the existence of the scams during those days and even today, a lot of them exist.

To all investors out there think twice before you invest your money on projects that have promising future but haven't reached half way of production already, they are mostly red flags
Most projects do propose their beginning and it's hard to determine that they will not be finished if the proposal is showing the start of the project.



 

 

 

 

 

 


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February 27, 2020, 08:10:34 PM
 #5

Since 2018 I have seen many new projects that come into crypto space with half plan and got the rest on roadmap, developers should stop this bad habit of introducing projects that aren't finished yet because many of them only get abandoned in the end, some have bad intent of grabbing money from ICO or fundraising and run away

I think that approach is an offshoot of the 2017 boom, projects just presented half baked plans to investors and they easily fall for the trick, but in the end we all know how everything ended specially early 2018. Many projects didn't succeed because of this strategy and the market started it's downturn.

To all investors out there think twice before you invest your money on projects that have promising future but haven't reached half way of production already, they are mostly red flags

Yes, I think investors have matured already, there could be new set of investors that are going to be trap, so we need to keep them updated by giving them reminders just like what you did here.

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February 27, 2020, 08:11:19 PM
 #6

There are also projects that were worth the wait, they have been active the whole time since 2018 and giving updates to it's investors and supporters. Recently there was a project that was brought up way back 2018 and was just listed a while ago for it's liquidation. This kind of projects are awesome and the people was right on to go aboard with them. But if we compare there are more projects who's developers ran and never came back, it will be obvious to know hen their telegram group is closed or no admins answering and worst is the site is unreachable anymore.
The "worth the wait" excuse is now used maliciously more often than not by the so-called "developers". If a project's idea is good enough, they can ask the community for help with the development. You can't just blindly enter a project with your funds hoping it's gonna be worth the wait because you'll only end up supporting 8 scams and 2 legit projects.

I'd rather take my time and study a project in depth than hurry and invest my money in it, even if that means I'll miss the ICO. ICOs are crap anyways - I'll always be against them.
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February 27, 2020, 08:19:13 PM
 #7

Unrealistic promises are very common in crypto space today, some are good at giving or crafting attractive roadmap that they will never reach just to lure new investors

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February 27, 2020, 08:27:31 PM
 #8

Although my surprise still borders on those investors who don't research into projects themselves before they invest into some projects. Many projects out there are created to scam good investor's who can't read in between project White papers and reality. Falling into one of these scams project tell much on such victims. Am a type who don't invest on any how projects because I wanted to invest. Let's put up research mood before we invest.
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February 27, 2020, 10:28:20 PM
 #9

Investors already experienced this many times, especially in 2018. And this makes investors aren't interested to join in ICO/IEO anymore. Most of the teams of new projects only focused on fundraising and don't really care about the quality of their projects. In the end, the projects failed to reach soft-cap or the teams disappeared because only want people's money.   

R


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CaVO32
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February 27, 2020, 10:30:22 PM
 #10

Although my surprise still borders on those investors who don't research into projects themselves before they invest into some projects. Many projects out there are created to scam good investor's who can't read in between project White papers and reality. Falling into one of these scams project tell much on such victims. Am a type who don't invest on any how projects because I wanted to invest. Let's put up research mood before we invest.

actually, there are seemingly great projects out there that you can't distinguish the fact that they are just here as a fraud and money grab scheme. scammers are getting good in screwing crypto users. Even some projects with faces, they still managed to duped users. because running after them is deemed to be futile as sometimes they are registered to the country that has very loose regulations when it comes to crypto. So one thing you can do, is just accept the fact that you lost and never invest again on these crypto projects.
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February 27, 2020, 10:40:39 PM
 #11

I absolutely agree with this post. Though a number of projects actually end up delivering on their promises despite raising funds even when their development isn't completely done or not even begun at all yet, the risks generally tend to be too high especially with how many ICOs and IEOs and all have turned out recently. That's not to say you shouldn't invest in all incomplete projects, though, because the difficulty or significance of a project's future planned milestones should also be taken into account.

Developers and project managers definitely should stop with these sorts of releases, but I doubt it'll truly happen as long as newer investors keep buying into these tricks. A lot of these projects are unfortunately still cash grabs and try to advertise themselves as not being that.
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February 27, 2020, 10:47:18 PM
 #12

And who will stop them?

The cryptocurrency sphere is unregulated, which allows everyone to do whatever they want without any fear of retaliation in the event of an unsuccessful or fraudulent outcome of events.

The only thing that can stop them is ourselves. Indeed, for any such kind of project, a community is needed.
If the community will ignore such projects. they simply will not appear.
Bonwin
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February 27, 2020, 11:35:44 PM
 #13

Since 2018 I have seen many new projects that come into crypto space with half plan and got the rest on roadmap, developers should stop this bad habit of introducing projects that aren't finished yet because many of them only get abandoned in the end, some have bad intent of grabbing money from ICO or fundraising and run away

To all investors out there think twice before you invest your money on projects that have promising future but haven't reached half way of production already, they are mostly red flags

It would have been good if they could just yield to such advice, but since they have wrong motives, they will run after the evil they intend perpetrating and such incidences are very common. Well, it is good we still see some projects, who would want to ensure they have almost everything set before launching. Although, there might still be more to be done, but at least, they would give out what can be used and which will get positive feedbacks from the users.
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February 28, 2020, 12:24:09 AM
 #14

Majority of the projects are like that they stopped and just tell their investors and supporters that they are working behind the scene until investors forgot their project and they disable all sort of communication and if you continue asking they are going to ban you right away , until they explain that the project cannot continue but they offer no refund, Weidex, Bitmillex Xera anf Adab are like these proejcts.

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February 28, 2020, 01:23:57 AM
 #15

Investors already experienced this many times, especially in 2018. And this makes investors aren't interested to join in ICO/IEO anymore. Most of the teams of new projects only focused on fundraising and don't really care about the quality of their projects. In the end, the projects failed to reach soft-cap or the teams disappeared because only want people's money.   
until now there are also many projects like that, they have not developed the project and only raise funds, they should be prepared to fund also to develop the project not only rely on funds from investors
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February 28, 2020, 01:48:10 AM
 #16

To all investors out there think twice before you invest your money on projects that have promising future but haven't reached half way of production already, they are mostly red flags
Why only twice? I think more than twice should be the mandatory when planning to invest with cryptocurrency. Almost all of them are all prone to downfall or closed up. I think aside from bitcoin and main altcoin such as ethereum, ripple, litecoin others are still can be die if the market continue to fall.

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February 28, 2020, 02:03:52 AM
 #17

You should be aware that it's always going to be that way.
  • Introducing a new Project
  • Providing a roadmap
  • Goals
  • Terms and Conditions
  • Execution

No matter what the reason for the developers to make that, it's always going to be about collecting money. People should be used to it already and be vigilant when investing in projects like that.

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February 28, 2020, 02:11:21 AM
 #18

Since 2018 I have seen many new projects that come into crypto space with half plan and got the rest on roadmap, developers should stop this bad habit of introducing projects that aren't finished yet because many of them only get abandoned in the end, some have bad intent of grabbing money from ICO or fundraising and run away

To all investors out there think twice before you invest your money on projects that have promising future but haven't reached half way of production already, they are mostly red flags

With the ICO hype, everyone wanted to tap the opportunity to get some cash for their ideas. Though most of them might be actually serious about their project, most failed due to lack of research from the team and lack of experience. Many teams just got fund for their dreams but they had no capabilities or knowledge enough to make it real. For a project to succeed, it also needs to have a market when its product/service finishes. But most of the project never focused on that.


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February 28, 2020, 02:18:05 AM
 #19

I think why they do fundraising when their project is halfway is because they need funds to carry out their plans. But not all projects can run everything quickly they need a process that is not short to achieve their goals and therefore every whitepaper or document they will surely warn investors if this investment has a lot of risk.

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February 28, 2020, 02:19:00 AM
 #20

I agree with you, if the projects that have been there but failed in the initial fundraising do not force your fortune again, because whatever they do in my opinion will not succeed unless directly cooperating with famous big companies.
so the right choice to avoid the project.
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February 28, 2020, 02:22:58 AM
 #21

I think why they do fundraising when their project is halfway is because they need funds to carry out their plans.
Obviously these unfinished projects always concern funds. A blockchain project that has a very sophisticated platform should have a maintenance and coders and developers fee arent that cheap unless they are the one who knows how to run it. What Ive just noticed that some projects CEO are just businessman and hiring a lot od blockchain enthusiast that's why funds are needed continously.
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February 28, 2020, 07:07:36 AM
 #22

I like investing in finished projects, launching mainnet from the start can't stop team doing ICO or IEO if they want but too many projects are demanding for IEO funds right from the start of the project life, this is another scheme of getting money out of people
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February 28, 2020, 07:22:08 AM
 #23

Since 2018 I have seen many new projects that come into crypto space with half plan and got the rest on roadmap, developers should stop this bad habit of introducing projects that aren't finished yet because many of them only get abandoned in the end, some have bad intent of grabbing money from ICO or fundraising and run away

To all investors out there think twice before you invest your money on projects that have promising future but haven't reached half way of production already, they are mostly red flags
How you will come to know like this kind of projects will be abandoned in the middle before you will be investing with them? They are all showcasing themselves with excellent whitepaper and promising roadmap and with a big verify-able team members. When they are having all the things to convince an investor, I guess no one could escape from this kind of scammers. Only people who are able to time travel may protect themselves by not investing into such projects Shocked.

This is the reason this type of projects are able to grab big  money from ICO but in my opinion these are all purely planned scams hence they are focusing on convincing investors by showing all the check-list we do ask them usually before investing. Simply, a well-planned scammers still could enjoy ICO by dropping their projects in the middle after grabbing enough money.

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February 28, 2020, 07:52:48 AM
 #24

There are so many reasons why they have to stop their projects.
 Funds will be the main reason. Not successfully collect fund raised money to make the project successful.
 Impossible product failed in making the project's product or platform to become useful in crypto community where in investors can buy the said project.
 
 And many more reasons. And i do agree that rather than producing new projects that was abandoned at the end by investors, why not invest on old and established projects with potential products and platforms.
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February 28, 2020, 08:00:57 AM
 #25

Since 2018 I have seen many new projects that come into crypto space with half plan and got the rest on roadmap, developers should stop this bad habit of introducing projects that aren't finished yet because many of them only get abandoned in the end, some have bad intent of grabbing money from ICO or fundraising and run away

To all investors out there think twice before you invest your money on projects that have promising future but haven't reached half way of production already, they are mostly red flags

You are right, but it is almost difficult to find a new project whose development has been 50% running and then looking for funds.
The reason they are looking for funds is because they need to develop their project ideas.
Investors should also find out whether the project ideas are indeed beneficial to the community, because there are many project ideas that if examined are not important things to do.

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February 28, 2020, 08:04:54 AM
 #26


To all investors out there think twice before you invest your money on projects that have promising future but haven't reached half way of production already, they are mostly red flags
In fact, this announcement has been a very long time for investors to realize, even in early 2018. However, investing now requires knowledge. in addition, we also need to look at the quality of the project, because since 2018, many projects have not been completed, even now there is no market.
Well, there is now an IEO, and that narrows the risk, however, we still need to increase our awareness of new projects.

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February 28, 2020, 08:45:52 AM
 #27

Most fundraising projects do this alot, developers have turned ICO and other fundraising to money grabbing scheme so it's normal to see half done projects requesting for funds, most times it's a scamming scheme

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February 28, 2020, 08:58:56 AM
 #28

You are right dear there is a lot of programs that have conducted ICO and fundraising and also bounty hunters had work hard for the project but yet developing their project or App and when asking when to go live in the market they reply very soon. I have worked for a lot of projects but at the moment did not receive a single coin from those projects and almost all those projects are older than one year.

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February 28, 2020, 09:14:59 AM
 #29

You should be aware that it's always going to be that way.
  • Introducing a new Project
  • Providing a roadmap
  • Goals
  • Terms and Conditions
  • Execution

No matter what the reason for the developers to make that, it's always going to be about collecting money. People should be used to it already and be vigilant when investing in projects like that.
Since it's always going to be like this I advice people to invest in No Premine and No ICO coins if they can't go with the risk, but this Point of yours is definitely the weak point why many projects scam investors and Carter away with huge money

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February 28, 2020, 09:29:43 AM
 #30

You should be aware that it's always going to be that way.
  • Introducing a new Project
  • Providing a roadmap
  • Goals
  • Terms and Conditions
  • Execution

No matter what the reason for the developers to make that, it's always going to be about collecting money. People should be used to it already and be vigilant when investing in projects like that.
Exactly, It is hard for investors to know which project would really execute their plan and keep on their road map.
This is also the reason why ICO is already dead and no one trust them even if their developer and team are dedicated to their work.

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February 28, 2020, 11:19:01 AM
 #31

Since 2018 I have seen many new projects that come into crypto space with half plan and got the rest on roadmap, developers should stop this bad habit of introducing projects that aren't finished yet because many of them only get abandoned in the end, some have bad intent of grabbing money from ICO or fundraising and run away

To all investors out there think twice before you invest your money on projects that have promising future but haven't reached half way of production already, they are mostly red flags

I personally term unfinished crypto currency projects as run away projects.
Because most of it, after crowdfunding is completed, and trading became a success, they never implement the product, just lame excuses and soon, soon, platform launch soon.

Which is why i do say, profit first, emotions / development later as an investor in crowdfunding.
My views, dyor always
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February 28, 2020, 11:48:14 AM
 #32

It's very hard for new projects to raise money successfully nowadays but with the help of well knows companies as partnerships there is higher chance to success, no project that stand alone on their own will become successful that easily

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February 28, 2020, 11:52:51 AM
 #33

You should be aware that it's always going to be that way.
  • Introducing a new Project
  • Providing a roadmap
  • Goals
  • Terms and Conditions
  • Execution

No matter what the reason for the developers to make that, it's always going to be about collecting money. People should be used to it already and be vigilant when investing in projects like that.
Exactly, It is hard for investors to know which project would really execute their plan and keep on their road map.
This is also the reason why ICO is already dead and no one trust them even if their developer and team are dedicated to their work.

no one know the developer team serious developt their projets or no.usually after received money from investors they will feel lazy to do something. prefer use their money to list token in shit exchanges and slowly prepare exit scam strategy. all of know most of projects now be like this, less of them really execute their roadmap and developt something.

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February 28, 2020, 12:28:29 PM
 #34

Since 2018 I have seen many new projects that come into crypto space with half plan and got the rest on roadmap, developers should stop this bad habit of introducing projects that aren't finished yet because many of them only get abandoned in the end, some have bad intent of grabbing money from ICO or fundraising and run away

To all investors out there think twice before you invest your money on projects that have promising future but haven't reached half way of production already, they are mostly red flags
That was the sad truth of the most crypto projects nowadays, But I think most of today's investors are already aware in that situation, I remember way back 2018 when I was actively participating in ICO's but when I become a victim personally of an exit scam ICO for three times in that year how unfortunate I was, but it is true. since that time I was doubting to invest again but when the IEO hype was growing I was actively investing again and gain some good profit. in most projects that I was participated in. the lesson to learn to take some serious time to study any platform that you might consider to invest.
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February 28, 2020, 12:35:04 PM
 #35

90% of new projects are here to give fake promises to fool investors, right from the start they have their own agendas so do not trust new projects with all your heart, that is why many crypto experts used to say investors should invest only the amount they can afford to lose

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February 28, 2020, 12:36:03 PM
 #36

in my opinion to prevent us from being trapped as investors in a scam program is to invest when the coins are already listed on the exchange. because for now just looking at the roadmap cannot ensure that the program will succeed and provide benefits to us as investors.

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February 28, 2020, 12:40:21 PM
 #37

Many IEO and ICO have abandoned their road map after collecting money from the public and managing to list on the exchange. Where is Storique (STQ) that was tagged the Amozon of Crypto? raised over $25M and today it's a shit doing a swap, I refused to swap my tokens because I don't want any part with them again. Bankera collected over $150M+ mine is useless in Spectrum exchange. I am wiser now.
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February 28, 2020, 01:11:23 PM
 #38

the same way you need to think before you invest in any projects that have a finished product. this of course increases your chances of success but still does not give any guarantee. you need to think before any investment.


That's the reason why most investors are now trying to get rid of new projects because most of them don't get finished successfully. It's just that there are investors who are trying their luck by taking the risks. There are still a few successful projects so most of them are still trying to invest despite having no guarantee of gaining a profit through it.
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February 28, 2020, 01:55:47 PM
 #39

And who will stop them?
Who will stop it is not the question here, it should be "what". What can we do to stop them? I guess.

The cryptocurrency sphere is unregulated, which allows everyone to do whatever they want without any fear of retaliation in the event of an unsuccessful or fraudulent outcome of events.
We cannot deny this but the fact that there are gullible people who are easily attracted to safe and extreme promises of great return of investments are enough to power up the steam of these scam projects. Whitepapers and road map is the basis of the legitimacy whether it is too good to be true or rushing, that is where the suspicious will fall in the first place.

The only thing that can stop them is ourselves. Indeed, for any such kind of project, a community is needed.
If the community will ignore such projects. they simply will not appear.
Me as an investor I tend not to look for these kind of projects but there is a bit of hope in me that later on projects rose in 2017 will happen again.

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February 28, 2020, 02:00:18 PM
 #40

I think why they do fundraising when their project is halfway is because they need funds to carry out their plans.
Obviously these unfinished projects always concern funds. A blockchain project that has a very sophisticated platform should have a maintenance and coders and developers fee arent that cheap unless they are the one who knows how to run it. What Ive just noticed that some projects CEO are just businessman and hiring a lot od blockchain enthusiast that's why funds are needed continously.

But ask yourself this. Did Bitcoin ever need funds to carry out their plans? Until today, the devs who first started out never got paid, never got compensation. Except the coins itself was theirs and they had every motivation to push their project and make it have value.

ICOs and their alts all do it the other way round. Who needs millions to build software anyway?

hmm im starting to understand and trying to get your point on here guys.  so its about fund talk  .

 btc is i think started simillar to others but the difference is that the maintenance cost before were cheap compare to today because before btc dont have alot of competitors but look at the situation now , there are now many coins and most of them are good but if your new to this industry you might struggle to stand out if you are lacking of budget from promotions alone , not to mention other costs.
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February 28, 2020, 02:02:01 PM
 #41

This project occurs usually because the developers are too carried away by the trend and not think about the long-term of the project, so the project stopped in the middle of the road due to lack of interest and appeal of the project. However, this project can be completed, but it is long and difficult to be listed on the exchange. When entering the market this project has a low price.

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February 28, 2020, 02:10:51 PM
 #42

There were a lot of these events in 2018, and some members predicted that this incident was caused by the collapse of the market so the development team took advantage in the midst of a bad situation. makes a little sense, because if we look at the beginning, ico will be fine during the period, and when they get a lot of funds, they are still running. some stopped in the middle of the road, but some continued until ico was finished but the tokens were not launched into the market exchange. or tokens are launched but to market exchanges that do not have high liquidity so tokens are not valuable, I think this also includes unfinished projects because the development team did not complete their tasks properly and investors were disadvantaged in this regard.
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February 28, 2020, 03:26:43 PM
 #43

Many of the projects that I follow are showing no sign of being developed, the developers only do the occasional answer to some telegram questions, including those listed. on the exchanges. I don't think I am interested in investing in any project.
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February 28, 2020, 03:30:17 PM
 #44

That is the general status of new projects, after the end of the ICO or IEO, they will definitely abandon the project and disappear. I have been a victim of several such projects and I have lost a lot of money. It is best not to invest in new projects, just investing in the top altcoins in this market is enough.
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February 28, 2020, 03:53:20 PM
 #45

Since 2018 I have seen many new projects that come into crypto space with half plan and got the rest on roadmap, developers should stop this bad habit of introducing projects that aren't finished yet because many of them only get abandoned in the end, some have bad intent of grabbing money from ICO or fundraising and run away

To all investors out there think twice before you invest your money on projects that have promising future but haven't reached half way of production already, they are mostly red flags

You're right! Most crypto projects really enter the market simply by enthusiasm without even having half their product. Most likely the admins of such projects believe that it is enough to promise the golden mountains and people will bear their money. Yes, it used to be, but now everything has changed. Now investors are better at exploring projects and without real opportunities they don’t enter. I myself take the project very seriously and 90% of them I miss.
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February 28, 2020, 04:03:39 PM
 #46


But ask yourself this. Did Bitcoin ever need funds to carry out their plans? Until today, the devs who first started out never got paid, never got compensation. Except the coins itself was theirs and they had every motivation to push their project and make it have value.

ICOs and their alts all do it the other way round. Who needs millions to build software anyway?

Bitcoin is the first coin where devs will need money they just want their coins to be widely used by people so that these coins are more expensive examples such as bitcoin, so far the owner of bitcoin still has not appeared openly.

Sometimes for Altcoin, it takes a lot of processes, especially from funds to build projects, even though it is not certain if their sales are bad, the main point is that many projects in 2018 do not finish well or even fail in the middle of the road.

R


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February 28, 2020, 05:42:53 PM
 #47

Although it is a normal scenario, I think we really need to remind the investors to avoid such projects. I think there are good projects that have good concept and the roadmap are just realistic and feasible. After you have alrady researched about the team, you should sit down, study and analyze the whole project. Some projects were so good to be true, beware of that. The discounts for investors are very high and the rewards to the bounty were too high. I guess now that Bitcoin and Altcoins are not doing well, we need to consider all things before investing. Happy Investing and Good Luck!
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February 28, 2020, 09:09:28 PM
 #48

Since 2018 I have seen many new projects that come into crypto space with half plan and got the rest on roadmap, developers should stop this bad habit of introducing projects that aren't finished yet because many of them only get abandoned in the end, some have bad intent of grabbing money from ICO or fundraising and run away

To all investors out there think twice before you invest your money on projects that have promising future but haven't reached half way of production already, they are mostly red flags

You said it all, that's the trend they normally use, start the development of a product then stop and start seeking for funding and once gotten, excuses will be the order of the day from which the project will be abandoned. Some will even rearrange the roadmap, extend it or remove one or two things because they have gotten what the wanted which is money. I think the best way is always going for projects with at least a working MVP, which is proved to be working before investors can consider such projects else, this issue of coming up with half plan, beautiful whitepaper etc then abandoning the project after public sale will continue.
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February 28, 2020, 09:16:13 PM
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 #49

It is too early call to telling a project "failed/scam project" because of they are not finished yet. There are lot of projects out there whom started their ICO as a unfinished project but after their fund raised they developed their platform properly. Doesn't matter how they start, a good quality project always keep their promises, follow their schedule, submit their recent update to their community and always connected with their audience.

Many projects have dedicated team and idea but they have no fund to run their project. What about them then..? I know we are showing fake/scam project regularly now days (which are unfinished also) but don't we lost so many good projects because of that too..? If we are try to reach a good project we've must learn about what is project's mission, what is their visions, how much dedicated they are for their project and how much realistic idea they have providing.
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February 28, 2020, 09:31:11 PM
 #50

It's hard to find an already finished project from the scratch. Most projects are here to raise funds to kick start their project some do not have startup funds as well. Giving an finished project can still be mismanaged.
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February 28, 2020, 10:11:27 PM
 #51

That is the general status of new projects, after the end of the ICO or IEO, they will definitely abandon the project and disappear. I have been a victim of several such projects and I have lost a lot of money. It is best not to invest in new projects, just investing in the top altcoins in this market is enough.
Yeah, most of them are shits. After those times and shutdown, after a few months they'll comeback with a new name, new offers and new shitty promises. Then the cycle of fools will start again. They really didn't think twice upon shutting down and leaving their clients behind.

Just think of it, when the project is a success, then what? You'll become a millionaire in an instant sith so many good clients and investors. Atleast no need to wait becasmuse if you'll apply some logic on your work LoL the continuous flow of money is unlimited, just let them roll  and give what they need.
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February 28, 2020, 10:43:25 PM
 #52

Now no investor will invest money in a project that has an unfinished product. This is a huge risk and everyone knows it. The project needs to show really something worthy so that investors believe it.
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February 28, 2020, 10:47:05 PM
 #53

~~~

Many projects have dedicated team and idea but they have no fund to run their project. What about them then..? I know we are showing fake/scam project regularly now days (which are unfinished also) but don't we lost so many good projects because of that too..? If we are try to reach a good project we've must learn about what is project's mission, what is their visions, how much dedicated they are for their project and how much realistic idea they have providing.
True, although there are some projects that are indicated to be a scam or fake trying to do ICO, there are still many potential projects that really need funds, so they cannot be generalized. It's just that it was used by many con artists to seize the opportunity. Although it is difficult, we must thoroughly analyze the project before deciding to join. A real team with a real identity gives greater trust and can be evidence of what activities and progress have been made to progress the project.

However, I am also more interested in quality projects that are serious about establishing cooperation and sponsorship that can support their projects so that they are not too dependent on ICO, for example in other ways such as a private sale. Projects with substantial financial support have better opportunities and values. But that is rare, so if there were certainly many who would want to join.

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February 28, 2020, 11:10:26 PM
 #54

It's quite risky to invest in ICOs now I think. Too hard to predict their future. I would rather suggest investing in strong altcoins and BTC as well. If you decide to invest in ICO project you should check everything very carefully, do you own research.

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February 29, 2020, 12:31:46 AM
 #55

This is good advice first DYOR to determine if a project has a real world use case and then the remaining attributes like the professionalism of the team, roadmap progress, partnerships or other achievements to ensure you're investing in a decent startup

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February 29, 2020, 12:54:02 AM
 #56

This is good advice first DYOR to determine if a project has a real world use case and then the remaining attributes like the professionalism of the team, roadmap progress, partnerships or other achievements to ensure you're investing in a decent startup
It's always best to make sure that the project have working product to develop, a good teams behind who are capable to continue progress and have a good outlook towards the success of their token. Allow yourself being updated and not just to place your money without further research.
Invested money for the best interest of potential outcome, as you can proceed further for good successful journey inside this business.
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February 29, 2020, 12:57:12 AM
 #57

This is good advice first DYOR to determine if a project has a real world use case and then the remaining attributes like the professionalism of the team, roadmap progress, partnerships or other achievements to ensure you're investing in a decent startup

Use case tokens will attract investors because they have produced products. Many altcoins in the cryptocurrency market do not have products and only rely on good whitepapers while whitepapers can be made as good as possible without taking into account the resources they have

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Rodeo02
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February 29, 2020, 02:34:46 AM
 #58

Many of the projects that I follow are showing no sign of being developed, the developers only do the occasional answer to some telegram questions, including those listed. on the exchanges. I don't think I am interested in investing in any project.
other investors also thinking the same,thats the reason why there are only few bounty campaign started by this year in Bounty (altcoin) section.

If the old project cant even make a good development after raising a large how can we trust a new project that have an ICO?
_IRMAN
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February 29, 2020, 02:39:45 AM
 #59

To all investors out there think twice before you invest your money on projects that have promising future but haven't reached half way of production already, they are mostly red flags
So are you saying we as investors should choose projects that are already running? If the project is not yet running, should we not invest there?
I think the concept of ICO / IEO in the crypto world is to raise funds so that a project can run, if he already has a product running for what they hold IEO / ICO again?
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February 29, 2020, 10:11:50 AM
 #60

Although my surprise still borders on those investors who don't research into projects themselves before they invest into some projects. Many projects out there are created to scam good investor's who can't read in between project White papers and reality. Falling into one of these scams project tell much on such victims. Am a type who don't invest on any how projects because I wanted to invest. Let's put up research mood before we invest.

actually, there are seemingly great projects out there that you can't distinguish the fact that they are just here as a fraud and money grab scheme. scammers are getting good in screwing crypto users. Even some projects with faces, they still managed to duped users. because running after them is deemed to be futile as sometimes they are registered to the country that has very loose regulations when it comes to crypto. So one thing you can do, is just accept the fact that you lost and never invest again on these crypto projects.

Definitely we'll know how smart these scammers have turned to be in recent times. But my submission is: those investors should ensure to do their own research before proceeds to invest into these projects, knowing the project real world case use, carefully looking into their roadmap and among all; their terms and conditions among others. I was once cut from from the beginning but have learnt my humble lesson and woul not see how.possible I will fall for these scammers again. Above all, no matter how smart these scammers are, they still have their weaker points which can be spot out if only we're good in research before proceeds to invest.
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February 29, 2020, 10:31:45 AM
 #61

Now I don't believe in any newly established project without an investment fund. Because of the fact that ICO and IEO are no longer a trend of investors anymore. These crowdfunding projects are now just a junk or are just scams

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February 29, 2020, 10:52:10 AM
 #62

There are so many reasons why some project are not able to finish and launch some is due to the SEC rules which restricts some project from carrying on with the platform development while some are due to lack of funds to continue the project,  some do not have the proper funding os continuing with the project becomes an herculean task.  While some project are left unfinished due to scam team members that take flee away with investors funds

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February 29, 2020, 11:01:26 AM
 #63

Since 2018 I have seen many new projects that come into crypto space with half plan and got the rest on roadmap, developers should stop this bad habit of introducing projects that aren't finished yet because many of them only get abandoned in the end, some have bad intent of grabbing money from ICO or fundraising and run away

To all investors out there think twice before you invest your money on projects that have promising future but haven't reached half way of production already, they are mostly red flags

It's really true but highly disappointing at the same time that a team will come up with ideas then abandon it because of money. On the other hand, some start something which they will bank on to launch an ICO or IEO and after the sales, they abandon the project. Many did this and many are still doing it which then proves that it is wise to invest in a project which has already started and gone far, thus the need for IEO so as to continue. I think in this case scenario, it shows the team have tried their best  to have started real development first as well as showing they have the good Interest of users and investors at heart.

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February 29, 2020, 11:10:33 AM
 #64

Investing in ICOs are so risky if you just invest without a research and it is difficult to find a good project nowadays that gives a good return if their project is successful. It is better to invest the coins that already in the top coinmarketcap.
imstillthebest
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February 29, 2020, 11:16:50 AM
 #65

Since 2018 I have seen many new projects that come into crypto space with half plan and got the rest on roadmap, developers should stop this bad habit of introducing projects that aren't finished yet because many of them only get abandoned in the end, some have bad intent of grabbing money from ICO or fundraising and run away

To all investors out there think twice before you invest your money on projects that have promising future but haven't reached half way of production already, they are mostly red flags

It's really true but highly disappointing at the same time that a team will come up with ideas then abandon it because of money. On the other hand, some start something which they will bank on to launch an ICO or IEO and after the sales, they abandon the project. Many did this and many are still doing it which then proves that it is wise to invest in a project which has already started and gone far, thus the need for IEO so as to continue. I think in this case scenario, it shows the team have tried their best  to have started real development first as well as showing they have the good Interest of users and investors at heart.

postponed projects ( the one that are already starting ) is the worst once compare to projects that have stop but already finish thier ico because those coins are already been listed and people already earn some to them except for those who still have thier coins because they are expecting more  .

its only sad because you have a full confidence but the project let you down at the end   . never been on that situation and i hope never going to happen on me because im now getting wiser these days   .
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February 29, 2020, 12:42:08 PM
 #66

Many projects went for hibernation mode in the crypto bad time, but as this year brings new hope in the crypto market, so, those old projects are coming to raise money again directly or migrating into a new project. That's why I don't believe any new project at this moment, I don't trust them, but I do research, if I see something interesting, I will jump for that! So, be careful to invest/support a new project, they can be a previous unfinished project that has come to steal people's money again!

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February 29, 2020, 01:44:44 PM
 #67

Be careful of unfinished projects that need money to continue the development, what have the team contributes themselves? We have seen very little projects that never reach softcap but still continue the development, such projects shows that the team want the project to survive, it's a different story for those developers who doesn't care

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February 29, 2020, 02:27:44 PM
 #68

Now very many ICO projects are unclear so we are always eaten with the sweet promise they have said and there are so many of the investors who invest in the project feel harmed as well as the bounty hunters Who just spend their time in vain, so now we must be careful in following every project.

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February 29, 2020, 02:35:23 PM
 #69

Since 2018 I have seen many new projects that come into crypto space with half plan and got the rest on roadmap, developers should stop this bad habit of introducing projects that aren't finished yet because many of them only get abandoned in the end, some have bad intent of grabbing money from ICO or fundraising and run away
In my opinion and from what i have seen till now in the shitty ICO market 99% just raise the money giving out big promises and then run away with the investor funds and these fraudsters think this as a big opportunity to milk money from investors who fall for these frauds to make some profit out of these projects thinking it will pay them dividends in the long run.

To all investors out there think twice before you invest your money on projects that have promising future but haven't reached half way of production already, they are mostly red flags
If someone has a great idea to make a change then they can simply attract Angel investors and make things successful and if you think you want to take a chance then you have to understand the risk involved in it.
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February 29, 2020, 02:49:14 PM
 #70

Since 2018 I have seen many new projects that come into crypto space with half plan and got the rest on roadmap, developers should stop this bad habit of introducing projects that aren't finished yet because many of them only get abandoned in the end, some have bad intent of grabbing money from ICO or fundraising and run away
In my opinion and from what i have seen till now in the shitty ICO market 99% just raise the money giving out big promises and then run away with the investor funds and these fraudsters think this as a big opportunity to milk money from investors who fall for these frauds to make some profit out of these projects thinking it will pay them dividends in the long run.

Fraudsters uses different approaches to deceive investors, making them believe by their words and promises is one of it. The issue is some investors are falling into this trick because of greed and lack of knowledge. Most of them do not even bother doing background research to ensure that they are investing on a profitable project. It is the reason why we should be cautious before believing a promise given by the project because we don't know if their intention was good or they are just taking that opportunity to exploit our funds and assets.

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dioanna
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February 29, 2020, 03:37:33 PM
 #71

Since 2018 I have seen many new projects that come into crypto space with half plan and got the rest on roadmap, developers should stop this bad habit of introducing projects that aren't finished yet because many of them only get abandoned in the end, some have bad intent of grabbing money from ICO or fundraising and run away

To all investors out there think twice before you invest your money on projects that have promising future but haven't reached half way of production already, they are mostly red flags

I have noticed this myself as well since the start of the bear season last 2018. It's really hard to tell what is legit. Sometimes what you thought is legit and even confirmed that sales when successfully suddenly turned scam and disappeared. Some greedy people right.

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February 29, 2020, 03:57:46 PM
 #72

Majority of the projects are like that they stopped and just tell their investors and supporters that they are working behind the scene until investors forgot their project and they disable all sort of communication and if you continue asking they are going to ban you right away , until they explain that the project cannot continue but they offer no refund, Weidex, Bitmillex Xera anf Adab are like these proejcts.
This is very true. Some projects paused for a while then they relaunched their campaign then they gather money from investors again then they will stop since they are fixing some things behind the project. The Investors and Bounty Hunters then will wait until it resumes but there will be no updates or whatsoever then they will forever be gone. It will be forgotten eventually but the bad thing is that no refund and no refunds occurred between all the parties involved.
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February 29, 2020, 04:00:20 PM
 #73

Now I don't believe in any newly established project without an investment fund. Because of the fact that ICO and IEO are no longer a trend of investors anymore. These crowdfunding projects are now just a junk or are just scams
You are right, new projects are now like a landfill. 99% of them will collapse because of the nature of the projects that are scam, and investors are not interested in new projects in the present. At this point, it's best to only invest in top projects in this market to be safe
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February 29, 2020, 05:34:45 PM
 #74


It happens most of the time since 2018 where they tried collecting funds from investors and then promoting their project through campaigns and then postponed their ICO. They never return after it but had collected some funds from the investors that weren't suspicious about the team since. During this time people had a lot to spend since traders had money as well. By 2019 its still happening and people are still investing as long as they have MVP but the project were still abandoned.

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February 29, 2020, 05:44:36 PM
 #75

One of the most interesting and attractive solutions for me is ThreeFold Network. ThreeFold network is the biggest decentralized grid of self-managing Internet capacity in the world, being built collectively by an inclusive ecosystem and owned by everyone. Their mission is to expand the current Internet to all areas of the world and to allow everyone to use this Internet at a fraction of its current price. In my opinion, the prospects are rather bright. And of course, I recommend you to check out their website to get a deeper understanding on the solutions itself
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February 29, 2020, 06:04:12 PM
 #76

Hello. Talking about me, my own favorite is GET protocol for bringing entirely new standards onto ticketing industry. In few words, GET Protocol offers a blockchain-based smart ticketing solution that can be used by anybody who wants to sell tickets in an honest and transparent way. And just imagine how large market is and how solution can help here. Also, for example, GET team announced that they are moving into the Korean market. On top of that, GET Protocol will be the first BApp in the ticketing vertical to partner with Klaytn, the blockchain subsidiary of Kakao (look that name up if you don't know it..). And around 300k tickets are sold already via GET. This is the amazing example of real solution that brings real benefits. And I also recommend you to have a closer look at their website to have a better understanding
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February 29, 2020, 09:05:31 PM
 #77

Since 2018 I have seen many new projects that come into crypto space with half plan and got the rest on roadmap, developers should stop this bad habit of introducing projects that aren't finished yet because many of them only get abandoned in the end, some have bad intent of grabbing money from ICO or fundraising and run away

To all investors out there think twice before you invest your money on projects that have promising future but haven't reached half way of production already, they are mostly red flags
If they show you that they are already finished, not showing their roadmap.will you invest your money in that project?I saw many projects that they are completely ready but they scammed people money after finished their ICO back in 2017 and 2018.So In this way you can't mark a project that it is scam or not.Even every project have their own system and update.Roadmap like a milestone, after finished that milestone they will create another one to be updated and development.Like if one project finished their roadmap within 3 months what will they do after finished their roadmap? definitely they will work for their progress.
I might be wrong,I just shared my thought.thanks

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#SWGT PRE-SALE IS LIVE


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February 29, 2020, 09:17:49 PM
 #78

To all investors out there think twice before you invest your money on projects that have promising future but haven't reached half way of production already, they are mostly red flags
All investors are already out of this field,

Because of those unfinished projects that end up wasting their money and time, investors are now avoiding any coin offering since 2018. Well, we cannot blame them since they already lost their trust investing on it. They are now into other crypto activities that they can benefit instead of investing in any ICO or IEO that end up being a scam.


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February 29, 2020, 09:24:03 PM
 #79

Since 2018 I have seen many new projects that come into crypto space with half plan and got the rest on roadmap, developers should stop this bad habit of introducing projects that aren't finished yet because many of them only get abandoned in the end, some have bad intent of grabbing money from ICO or fundraising and run away

To all investors out there think twice before you invest your money on projects that have promising future but haven't reached half way of production already, they are mostly red flags
Most of them doesnt even reach out that half state where they dont even deliver on what they do promised when they are still on token sale.Most of projects are trash and you can easily spot out which one is garbage if we do base up into their goals and yet there are really ones which are unrealistic to consider or unbelievable and some which do have some common concept that had already been existing on older projects.
This is the hardest part of crypto invest where you cant be sure on which one will really tend to deliver out promised output yet most of them are just good on promises.

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February 29, 2020, 09:29:02 PM
 #80

Please invest in crypto if you have analyzed the project carefully. I see investors learn from previous experiences that have suffered losses in investing, so they are more careful in choosing a project,  experience is indeed the best teacher for anyone and I think  investors do not want to go into the same hole.

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February 29, 2020, 09:32:07 PM
 #81

The question is if they left the blockchain industry due to bad market situation or they left because they weren´t skilled enough to provide a real solution, or they just took money from investors and left the game.
Maybe the third scenario is the most possible. When you have money, you don´t need more right?

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April 09, 2020, 05:52:09 PM
 #82

It is really discouraging to see so many projects from last 2 to 3 years that have either made little progress, lazy approach, failure to launch product or platform, abandoned or totally failed and closed. Unfortunately most of these projects were highly anticipated and people invested good money which they have lost almost entirely because there is not much hope of revival even after so many years. All projects should be transparent and update investors atleast weekly with all the updates and progress.

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April 09, 2020, 06:04:18 PM
 #83



It is really discouraging to see so many projects from last 2 to 3 years that have either made little progress, lazy approach, failure to launch product or platform, abandoned or totally failed and closed. Unfortunately most of these projects were highly anticipated and people invested good money which they have lost almost entirely because there is not much hope of revival even after so many years. All projects should be transparent and update investors atleast weekly with all the updates and progress.

Revival of the project could be hard to achieve because they have broken the trust and the people in cryptocurrency will always remember these projects which their reputation is already ruined. It could be because they did the ICO in the wrong time when the market is crashing.

There are also projects that are pretty much surprising that they were listed  on exchanges already but are doing IEO still. Its worse because the project started dying after the IEO which they claimed to be successful.

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April 09, 2020, 06:05:05 PM
 #84

That is why no people is really interested to invest on the ICOs in 2020.They only come with an idea which is just copied from other existing project with slight changes even they copy their whitepaper and start their fund raising programs so all they were interested is to make money not to deliver their project/product.
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April 09, 2020, 06:14:09 PM
 #85

That is why no people is really interested to invest on the ICOs in 2020.They only come with an idea which is just copied from other existing project with slight changes even they copy their whitepaper and start their fund raising programs so all they were interested is to make money not to deliver their project/product.
Projects these days are so lame that investor could not take to look at it anymore. Most of the projects are highly copied, most are from projects that is already in the mainstream so the potential investors thinking is that it is not that worth to risk at all. I'm glad I was able to experience the projects I've join long ago that was paying a very high for bounty campaigns and seeing it now flying with the others.
ROI with projects and fund raising right now is very low, investors may discourage to invest with other projects in crypto.

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April 09, 2020, 06:22:50 PM
 #86

Every project is under development till the end of times. The world keeps moving from one point to another and at each stage every project has to stay relevant to compete which is by development. If any developer introduces a finished project today, tomorrow innovation will put such project back to development.
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April 09, 2020, 07:00:08 PM
 #87

Funds will be needed upfront to finish most new projects or at least get them to an higher step, it's not always team fault, though teams must make sure the project is capable, for example, good use case

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April 09, 2020, 07:28:46 PM
 #88

That is why no people is really interested to invest on the ICOs in 2020.They only come with an idea which is just copied from other existing project with slight changes even they copy their whitepaper and start their fund raising programs so all they were interested is to make money not to deliver their project/product.
Projects these days are so lame that investor could not take to look at it anymore. Most of the projects are highly copied, most are from projects that is already in the mainstream so the potential investors thinking is that it is not that worth to risk at all. I'm glad I was able to experience the projects I've join long ago that was paying a very high for bounty campaigns and seeing it now flying with the others.
ROI with projects and fund raising right now is very low, investors may discourage to invest with other projects in crypto.
Now finding a project like one in a million that is why people gave up on investing on new projects especially via ICOs because they become more crap since 2017.Investors have the intentions of money making so they choose to invest on already existing projects in very short terms so they can reduce the risk of losing completely by huge difference.
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April 09, 2020, 08:05:36 PM
 #89

It is really discouraging to see so many projects from last 2 to 3 years that have either made little progress, lazy approach, failure to launch product or platform, abandoned or totally failed and closed. Unfortunately most of these projects were highly anticipated and people invested good money which they have lost almost entirely because there is not much hope of revival even after so many years. All projects should be transparent and update investors atleast weekly with all the updates and progress.
You are really missing the situation, scammers and others who just have a single objective to make money in a new market jumped into the ICO market and started collecting money in the name of silly projects and these developers or con artists knew very well it is nothing but a money making scheme as there is no regulation or law that will force them to return the money if the project is a failure. If you want to see transparent projects then you need to have a regulation and a standard which clearly mentions how a project can raise money and so on and what happens if they do not fulfill those.
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April 09, 2020, 08:12:36 PM
 #90

yes, you are right. The red flag must be raised as soon as things look suspicious.
Here projects having MVP can at least give some trust among investors assuring complete development, even not as per roadmap but certainly within the near future.
At the moment, startups are seeing a lot in crypto industry and kind of testing their luck if getting funds raised enough for the development. But at the end investor is the one who suffers from it.

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April 09, 2020, 09:54:33 PM
 #91

The popularity of the blockchain and cryptocurrency is used by some people to benefit. We know that in 2017, ICO was very popular, so many people tried their luck there. Unfortunately, the trend is changing, the market is not conducive, investor interest is declining, projects that are not well planned will fail, so that there are stops in the middle of the road without any continuity. That is a cryptocurrency, full of unexpected things. The trend is always changing, we must be able to adapt, choose safe ways to minimize risk, ICO is not effective, many scammers, except for projects that are really popular with support from trusted parties.

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April 09, 2020, 09:57:18 PM
 #92

Since 2018 I have seen many new projects that come into crypto space with half plan and got the rest on roadmap, developers should stop this bad habit of introducing projects that aren't finished yet because many of them only get abandoned in the end, some have bad intent of grabbing money from ICO or fundraising and run away

To all investors out there think twice before you invest your money on projects that have promising future but haven't reached half way of production already, they are mostly red flags

To you perhaps, you believe its an half plan.
To me i see it as a well executed plan.

The developers never actually wanted to develop any product, the aim is to conclude Crowdfunding, make money, list on exchanges, dump and flee.

It happened alot in 2018, but we are wiser now.
All investors are, and even Bounty hunters now do researches. Such projects don't exist anymore
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April 09, 2020, 10:08:31 PM
 #93

do you mean "stop this bad habit of introducing projects that aren't finished yet" they come here with half the plan because they really want to get funds, if they already have a lot of funds then they won't come here to ask for bounty hunter help

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April 09, 2020, 10:43:58 PM
 #94

do you mean "stop this bad habit of introducing projects that aren't finished yet" they come here with half the plan because they really want to get funds, if they already have a lot of funds then they won't come here to ask for bounty hunter help
He is trying to say that the developers are "all talk and no work", which is some what true. Like OP said, they come here and works on the basic of the project, they half develop the project (mainly places the foundation only) and then creates a road map where the "all talk" part is. They never tend to work on those.
And you are wrong here. Even if they did have a lot of own "funds" they wouldn't use it. I mean like why would they? They can grab it from the investors, right? And even if they used their own funds, where is the profit for them? Who would be buying those tokens?

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April 09, 2020, 11:08:21 PM
 #95

Just as a reputable exchange like Binance, Okex and others would not want to allow project without a product to be approved of IEO on their exchange, so also should individuals should be careful of the type of project to invest in.
The policy of investors these days should be that, if you do not have a full product that can be used, I will not invest in your project.
If such a principle is adopted, no serious-minded project developer would want to launch a half-backed product or no product at all.
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April 09, 2020, 11:12:59 PM
 #96

That is why no people is really interested to invest on the ICOs in 2020.They only come with an idea which is just copied from other existing project with slight changes even they copy their whitepaper and start their fund raising programs so all they were interested is to make money not to deliver their project/product.
Everyone is aware of this already because this is already existing in 2019. This is the reason why investors need to study closely the project before deciding to invest in it because if an unfinished project has raised a good amount, they will be automatically gone without the knowledge of all their investors. Leaving all the investors pennyless which made them very unfortunate.

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April 09, 2020, 11:19:56 PM
 #97

That is why no people is really interested to invest on the ICOs in 2020.They only come with an idea which is just copied from other existing project with slight changes even they copy their whitepaper and start their fund raising programs so all they were interested is to make money not to deliver their project/product.
Everyone is aware of this already because this is already existing in 2019. This is the reason why investors need to study closely the project before deciding to invest in it because if an unfinished project has raised a good amount, they will be automatically gone without the knowledge of all their investors. Leaving all the investors pennyless which made them very unfortunate.

Very few projects can achieve now their ICO targets. Because people are now smarter and to add the fact that we are now facing global economic crisis, I don't think this is a good time for a blockchain project to hold crowdsourcing. If they have good foundation and intentions, and if they see that their platform will be a hit, they can always tap the private sector to fund their developments. In that way, they may have the chance to launch their project even without the help from the community.
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April 09, 2020, 11:30:12 PM
 #98

That is why no people is really interested to invest on the ICOs in 2020.They only come with an idea which is just copied from other existing project with slight changes even they copy their whitepaper and start their fund raising programs so all they were interested is to make money not to deliver their project/product.
Everyone is aware of this already because this is already existing in 2019. This is the reason why investors need to study closely the project before deciding to invest in it because if an unfinished project has raised a good amount, they will be automatically gone without the knowledge of all their investors. Leaving all the investors pennyless which made them very unfortunate.
many cases of unfinished projects like that and it will only have a negative impact on the bounty campaign or the trust of investors in another project because it will lead to a statement that each cryptocurrency project is not very good anymore and many fail because of many factors.
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April 10, 2020, 08:47:23 AM
 #99

      It is clear that the purpose of unfinished projects that are launched on the market is to trick potential investors. We do not have to take the risk to invest in such projects. There are many completed projects, which started it were real projects, but over time it turned into SCAM projects, due to the greed of the project team. One such case is the MiracleTELE project. So what claims can we have as investors for unfinished projects? I do not recommend investing in such projects.
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April 10, 2020, 10:28:18 AM
 #100

      It is clear that the purpose of unfinished projects that are launched on the market is to trick potential investors. We do not have to take the risk to invest in such projects. There are many completed projects, which started it were real projects, but over time it turned into SCAM projects, due to the greed of the project team. One such case is the MiracleTELE project. So what claims can we have as investors for unfinished projects? I do not recommend investing in such projects.
The problem is we need so many awareness to make sure the newcomers will not be trapped on such scam project. I have seen so many newbies were getting trapped caused by they didn't know where is and how to get the best awareness or at least the result of analyzation about the project.

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April 10, 2020, 10:32:11 AM
 #101

     It is clear that the purpose of unfinished projects that are launched on the market is to trick potential investors. We do not have to take the risk to invest in such projects. There are many completed projects, which started it were real projects, but over time it turned into SCAM projects, due to the greed of the project team. One such case is the MiracleTELE project. So what claims can we have as investors for unfinished projects? I do not recommend investing in such projects.
The problem is we need so many awareness to make sure the newcomers will not be trapped on such scam project. I have seen so many newbies were getting trapped caused by they didn't know where is and how to get the best awareness or at least the result of analyzation about the project.
All the information can be seen online, they just need to based on a lot of sites and not limit the information they will look on one site only.
Newbie will most likely fall as victim of scam, but if they will investigate or research hard enough, they can prevent that, they don't need to make mistakes and learn from it, they can learn from other people's mistake which I'm sure we can find a lot testimonies and feedback online.

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April 10, 2020, 12:24:21 PM
 #102

That is why no people is really interested to invest on the ICOs in 2020.They only come with an idea which is just copied from other existing project with slight changes even they copy their whitepaper and start their fund raising programs so all they were interested is to make money not to deliver their project/product.
Everyone is aware of this already because this is already existing in 2019. This is the reason why investors need to study closely the project before deciding to invest in it because if an unfinished project has raised a good amount, they will be automatically gone without the knowledge of all their investors. Leaving all the investors pennyless which made them very unfortunate.

Very few projects can achieve now their ICO targets. Because people are now smarter and to add the fact that we are now facing global economic crisis, I don't think this is a good time for a blockchain project to hold crowdsourcing. If they have good foundation and intentions, and if they see that their platform will be a hit, they can always tap the private sector to fund their developments. In that way, they may have the chance to launch their project even without the help from the community.
Private sales are also not good as we expected so many investors completely skipped new projects from their investment plans and stuck with trending altcoins and bitcoin so they can make money without taking much risks.
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April 10, 2020, 12:31:00 PM
 #103

      It is clear that the purpose of unfinished projects that are launched on the market is to trick potential investors. We do not have to take the risk to invest in such projects. There are many completed projects, which started it were real projects, but over time it turned into SCAM projects, due to the greed of the project team. One such case is the MiracleTELE project. So what claims can we have as investors for unfinished projects? I do not recommend investing in such projects.
The problem is we need so many awareness to make sure the newcomers will not be trapped on such scam project. I have seen so many newbies were getting trapped caused by they didn't know where is and how to get the best awareness or at least the result of analyzation about the project.
There has been a lot of analysis about the projects, there are many well-evaluated projects in this market. Even it was in the top 100 coinmarketcap but after a while, those projects became scam. Obviously we can never know the future of altcoin, and if we want to invest in it, we have to take risks.
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April 10, 2020, 02:39:18 PM
 #104

You can't ask for such an action because it's meaningless. Instead of expecting others to do good, we need to change ourselves, we should learn about the project and we shouldn't promote or invest in weak projects

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April 10, 2020, 02:43:02 PM
 #105

You can't ask for such an action because it's meaningless. Instead of expecting others to do good, we need to change ourselves, we should learn about the project and we shouldn't promote or invest in weak projects
You are right, we cannot invest in weak projects and hope they can be good in the future. We have to change ourselves, we have to choose good projects from the beginning to invest. And to be able to choose good projects, we should learn and have a lot of experience analyzing projects

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April 10, 2020, 02:53:02 PM
 #106

It is clear that the purpose of unfinished projects that are launched on the market is to trick potential investors. We do not have to take the risk to invest in such projects.
Not all, some are honest when it comes to delay and probably due to lack of funds. But I can see that you are referring to scam shit projects. I am familiar with Miracle Tele, at first I thought it could be a good and competitor to those famous project cause they are really serious on launching their sim and how the process of stacking works. Even some of my colleague invest and earning weekly but what the team did was sabotage and left it dying. Anyway if your planning to invest on such platform I suggest pick an IEO with major exchange such as Binance to be safe on these types of platform.



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April 10, 2020, 02:53:07 PM
 #107

Yes, and the result of what you have said is almost zero interest in ICOs today. People have become more circumspect, though those who like to take risks will always be there.
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April 10, 2020, 03:00:55 PM
 #108

Yes, and the result of what you have said is almost zero interest in ICOs today. People have become more circumspect, though those who like to take risks will always be there.
this is the result when many ico and projects stop in the middle of the road which ultimately makes investors and the popes not interested in various kinds of ico or projects anymore because they are already disappointed because project scams often occur.

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April 10, 2020, 03:13:28 PM
 #109

It is also one of the many factors that makes the image of bounties and other projects worse and also, over time the market collapses to make conditions worse. In this case, nothing can prevent investors from investing and therefore, the more projects that are not completed, the more investors are trapped, be careful and think ahead with wiser decisions before you use your money to invest.

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April 10, 2020, 03:22:40 PM
 #110

It is also one of the many factors that makes the image of bounties and other projects worse and also, over time the market collapses to make conditions worse. In this case, nothing can prevent investors from investing and therefore, the more projects that are not completed, the more investors are trapped, be careful and think ahead with wiser decisions before you use your money to invest.
It is best not to invest in new projects at this stage. We should look at the top altcoins in this market and invest in them because it's a lot safer than new projects. If investing in new projects, it would be a waste of our time and our money

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April 10, 2020, 03:25:58 PM
 #111

Since 2018 I have seen many new projects that come into crypto space with half plan and got the rest on roadmap, developers should stop this bad habit of introducing projects that aren't finished yet because many of them only get abandoned in the end, some have bad intent of grabbing money from ICO or fundraising and run away

To all investors out there think twice before you invest your money on projects that have promising future but haven't reached half way of production already, they are mostly red flags

When trying to invest a certain project then its just normal for you to have that common step which is to research everything from Roadmap,WP and goes to the team behind the project.

This is why ICO becomes shit after the year 2017 or in 1st quarter of 2018 due to lots of frauds and scam projects.Some are just good when doing their initial phase
and then later on they do abandon their project and leave their investors hanging on the air.

Some are having good concepts but it end up failure due to lack of support.

R


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April 10, 2020, 03:44:24 PM
Last edit: April 10, 2020, 04:33:03 PM by Bitcoinislife09
 #112

the same way you need to think before you invest in any projects that have a finished product. this of course increases your chances of success but still does not give any guarantee. you need to think before any investment.
There are so many unfinished projects because of scam. Many investors are investing their money because they are scammed by amateur people who are pretending to be a bitcoin expert. By that they are accepting projects even though their knowledge is not enough for it. With that projects are left unfinished. Many investors are hanged out because of the people like this. As an investor you must choose the best person that you believe can work in your project with passion and loyalty. By that you can make sure that your project would be successful.

It just lead to same problem at all the times since their are no interested investors in their project their will be no enough funds to continue the project leaving this unfinished projects. Roadmaps,whitepaper etc. was already not trusted at this times.
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April 10, 2020, 06:18:16 PM
 #113

Since 2018 I have seen many new projects that come into crypto space with half plan and got the rest on roadmap, developers should stop this bad habit of introducing projects that aren't finished yet because many of them only get abandoned in the end, some have bad intent of grabbing money from ICO or fundraising and run away

To all investors out there think twice before you invest your money on projects that have promising future but haven't reached half way of production already, they are mostly red flags

You just stated the whole truth, there are many projects doing this every now and then because they have come to understand that once most investors sees they have already started working on something they will invest with the hope that the project will continue working and improving but it always doesn't workout well. Nowadays we see projects which accesses enough funding from public sale, only to end up having very terrible volume with nothing absolutely to account for, meaning they abandoned everything. Thus showing that, only a very few number of projects starts something, get funding and still continues; if only many are truthfully working on the idea they started with, the blockchain world would have gone far, nevertheless blockchain will continue growing.

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May 10, 2020, 08:33:44 PM
 #114

Before you invest in any projects that you going to investing do some research you need to think before any investment. Lots of projects didn't see the light of success because of their team strategy and then market started it's down turn result . I will take my time and hard study on a project in depth fully  than be hurry and invest my money in it and beware of Unfinished Projects .

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May 10, 2020, 08:51:21 PM
 #115

Since 2018 I have seen many new projects that come into crypto space with half plan and got the rest on roadmap, developers should stop this bad habit of introducing projects that aren't finished yet because many of them only get abandoned in the end, some have bad intent of grabbing money from ICO or fundraising and run away

To all investors out there think twice before you invest your money on projects that have promising future but haven't reached half way of production already, they are mostly red flags
Maybe for the time being, it's safer to participate in IEO, and even then it doesn't guarantee the project's success. Unfortunately, now I am a bit hesitant about participating in ICO / IEO, because most new projects tend to be less convincing and can even end in secrecy. For now I prefer investments that are already listed on the exchange. maybe this is the best way for now.
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May 10, 2020, 08:53:46 PM
 #116

If investing in new projects, it would be a waste of our time and our money

There are some who would never agree pon this point because they make so much money investing in new coins. In fact, that is their target most of the time. Whether new or old, you make your profit when there is an important update, it might only take some time. If you could be patient enough, new coins can be the best. You need to know when to enter and when to exit.
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May 10, 2020, 09:14:11 PM
 #117

Before you invest in any projects that you going to investing do some research you need to think before any investment. Lots of projects didn't see the light of success because of their team strategy and then market started it's down turn result . I will take my time and hard study on a project in depth fully  than be hurry and invest my money in it and beware of Unfinished Projects .
many cases stated that their projects failed in the middle of the road and there were also a number of successful and successful projects that developed what was done but when a few months later the platform turned into a scam and could not make a profit withdrawal, cases like this often occur so had to remain vigilant when you want to invest.
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May 10, 2020, 10:35:36 PM
 #118

Since 2018 I have seen many new projects that come into crypto space with half plan and got the rest on roadmap, developers should stop this bad habit of introducing projects that aren't finished yet because many of them only get abandoned in the end, some have bad intent of grabbing money from ICO or fundraising and run away

To all investors out there think twice before you invest your money on projects that have promising future but haven't reached half way of production already, they are mostly red flags
Scammers projects doesn't do it, most of the time. Any investor won't do it because last bear learned us everything. Funds is mandatory to develop any projects.
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May 10, 2020, 11:48:52 PM
 #119

Since 2018 I have seen many new projects that come into crypto space with half plan and got the rest on roadmap, developers should stop this bad habit of introducing projects that aren't finished yet because many of them only get abandoned in the end, some have bad intent of grabbing money from ICO or fundraising and run away

To all investors out there think twice before you invest your money on projects that have promising future but haven't reached half way of production already, they are mostly red flags
It was often happen it was depends on the investor if they going to consider or not the unfinished platform well since then there's a lot of scammer out there if they got the money then they will run and no return of investment so before investing study it first so your investment would not be wasted.

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May 10, 2020, 11:58:43 PM
 #120

When trying to invest a certain project then its just normal for you to have that common step which is to research everything from Roadmap,WP and goes to the team behind the project.
The team behind the project is always important in my opinion and with my experience in the market i consider the team is more important and then economic viability of the project.

This is why ICO becomes shit after the year 2017 or in 1st quarter of 2018 due to lots of frauds and scam projects.Some are just good when doing their initial phase
and then later on they do abandon their project and leave their investors hanging on the air.
The investors always bear the loss, the developers and the team will have their profits and they do not care what happens to the investment. The reason i support regulation in the ICO market is to avoid scammers and frauds.

Some are having good concepts but it end up failure due to lack of support.
If there is a novel project then you will be able to attract angel investors.
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May 11, 2020, 12:06:40 AM
 #121

Before you invest in any projects that you going to investing do some research you need to think before any investment. Lots of projects didn't see the light of success because of their team strategy and then market started it's down turn result . I will take my time and hard study on a project in depth fully  than be hurry and invest my money in it and beware of Unfinished Projects .
many cases stated that their projects failed in the middle of the road and there were also a number of successful and successful projects that developed what was done but when a few months later the platform turned into a scam and could not make a profit withdrawal, cases like this often occur so had to remain vigilant when you want to invest.
always researching projects that you want to invest in, new projects are too vulnerable in my opinion to be made an investment place, but if you want to invest in new projects, make sure the projects have real products and their sales are held in popular markets
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May 11, 2020, 06:47:44 AM
 #122


always researching projects that you want to invest in, new projects are too vulnerable in my opinion to be made an investment place, but if you want to invest in new projects, make sure the projects have real products and their sales are held in popular markets

If we have an old project that is still reliable until now, then there is no reason to look for new projects.
Our main purpose is just to be profitable, and though the project is not new anymore, as long as they have good potential, they can still produce a good profit.

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May 11, 2020, 07:24:53 AM
 #123

the same way you need to think before you invest in any projects that have a finished product. this of course increases your chances of success but still does not give any guarantee. you need to think before any investment.
Yeah Having finish product that are already out in the market does not necessarily mean that the projects is going to be successful like X- card which have already working products and available for purchase then what happen, they are now long gone. It would depends on the team how they would be able to pull through things be able to compete and successful.
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May 11, 2020, 08:02:26 AM
 #124

Since 2018 I have seen many new projects that come into crypto space with half plan and got the rest on roadmap, developers should stop this bad habit of introducing projects that aren't finished yet because many of them only get abandoned in the end, some have bad intent of grabbing money from ICO or fundraising and run away

To all investors out there think twice before you invest your money on projects that have promising future but haven't reached half way of production already, they are mostly red flags
there is no doubt that their intention is probably just money, and the half-effort is proof that they have no intention of running a project. so far, I've seen enough teams that are only enthusiastic at first, and lazy in the middle of the road. this makes the project useless.
however, now people are very careful about choosing a project. even the background of the team needs to be investigated deeply so that no regrets occur in the future.


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May 11, 2020, 08:06:17 AM
 #125

the same way you need to think before you invest in any projects that have a finished product. this of course increases your chances of success but still does not give any guarantee. you need to think before any investment.
Yeah Having finish product that are already out in the market does not necessarily mean that the projects is going to be successful like X- card which have already working products and available for purchase then what happen, they are now long gone. It would depends on the team how they would be able to pull through things be able to compete and successful.
I also saw a lot of projects that had MVP in 2019, they did a great job of doing their job until the completion of IEO. It all disappeared quickly, OATH is an example. They are a good project with many big investors, having products and operating actively. But after the end of IEO, this project completely disappeared and made many investors disappointed

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May 11, 2020, 08:11:54 AM
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 #126

Bro it is the same thing with 90% of project that are being introduced into this space all the time, they are just on paper only or should u say on there website only, all the dreams and aspirations of the project are only on the website,  it doesn't get pass there,

They introduce this half baked project with the aim of raising funds to complete them, few of them actually use the money to develop the project and continue developing it, while the the rest of them will just take the money they generate and run away,

There is nothing anyone can do about it, actually this tells you and the rest of us the kind of project they are, such project have a low trust rating in my opinion, any few project today are already 90% completed and developed on their own, the rest are looking for investors money to complete or run away with it.
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May 11, 2020, 08:23:49 AM
 #127

Bro it is the same thing with 90% of project that are being introduced into this space all the time, they are just on paper only or should u say on there website only, all the dreams and aspirations of the project are only on the website,  it doesn't get pass there,

They introduce this half baked project with the aim of raising funds to complete them, few of them actually use the money to develop the project and continue developing it, while the the rest of them will just take the money they generate and run away,

There is nothing anyone can do about it, actually this tells you and the rest of us the kind of project they are, such project have a low trust rating in my opinion, any few project today are already 90% completed and developed on their own, the rest are looking for investors money to complete or run away with it.

You are very correct,  most unfinished project are only here to take investors money to complete the project (I.e those that are genuine) and they will develop with the money they raise, but the majority are here to take and run away,  how many project we have seen after raising funds they do nothing with it, and when you ask on there telegram group what is latest development, they give a generic reply like 'soon'
It is because of this attitude that investors stop investing in all this fake project who have nothing except a website.
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May 11, 2020, 08:47:26 AM
 #128


always researching projects that you want to invest in, new projects are too vulnerable in my opinion to be made an investment place, but if you want to invest in new projects, make sure the projects have real products and their sales are held in popular markets

If we have an old project that is still reliable until now, then there is no reason to look for new projects.
Our main purpose is just to be profitable, and though the project is not new anymore, as long as they have good potential, they can still produce a good profit.
People invest in new projects with the purpose of seeking profit. But now new projects are not as profitable as they used to be, so investors are slowly stepping away from them and making new projects too difficult to succeed. The first choice for investors at the moment is to invest in potential and leading projects in this market.

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May 11, 2020, 09:21:21 AM
 #129

Since 2018 I have seen many new projects that come into crypto space with half plan and got the rest on roadmap, developers should stop this bad habit of introducing projects that aren't finished yet because many of them only get abandoned in the end, some have bad intent of grabbing money from ICO or fundraising and run away

To all investors out there think twice before you invest your money on projects that have promising future but haven't reached half way of production already, they are mostly red flags

After the cryptocurrency market experienced a boom in 2017 and began to decline in 2018, a scam project has begun to emerge that is detrimental to investors. 2017 might be a good year for ICO but now investors will prefer IEO in large exchangers or invest in altcoins that are actively traded on exchangers.

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May 11, 2020, 09:32:44 AM
 #130

You are right mate, There is a huge list of the project which did not finish even in a year and maximum disappeared from the crypto market as some of them did not get the soft cap or hard cap due to conduction of IEO on low rating exchanges or incomplete roadmap.

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May 11, 2020, 09:39:23 AM
 #131

You are right mate, There is a huge list of the project which did not finish even in a year and maximum disappeared from the crypto market as some of them did not get the soft cap or hard cap due to conduction of IEO on low rating exchanges or incomplete roadmap.
It's like that even since the beginning of ICO although the success rate is a lot or significantly lower than in the past. most of the project that didn't do well as you said are just half baked project and in the past so many projects despite being utter garbage still somehow got carried by the "popular" people that got their name listed in devs team.

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May 11, 2020, 10:08:44 AM
 #132

till now on there are many projects that stop and unfinished with their plan. i saw some bounty campaign that already distributing token be useless token in wallet and could not sell. maybe if this condition continued , investors will loss their trust to new projects and only existing projects still alive. when this condition happen we will not see new projects that bring new technology to cryptocurrency market.


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May 11, 2020, 12:16:52 PM
 #133

Since 2018 I have seen many new projects that come into crypto space with half plan and got the rest on roadmap, developers should stop this bad habit of introducing projects that aren't finished yet because many of them only get abandoned in the end, some have bad intent of grabbing money from ICO or fundraising and run away

To all investors out there think twice before you invest your money on projects that have promising future but haven't reached half way of production already, they are mostly red flags

After the cryptocurrency market experienced a boom in 2017 and began to decline in 2018, a scam project has begun to emerge that is detrimental to investors. 2017 might be a good year for ICO but now investors will prefer IEO in large exchangers or invest in altcoins that are actively traded on exchangers.
Many investors are starting to leave ICO, they prefer IEO in large exchanges like binance for various reasons. we know that some projects have been able to raise money from investors in just a few seconds through IEO, even people have to scramble to get the opportunity.
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May 11, 2020, 12:18:13 PM
 #134

till now on there are many projects that stop and unfinished with their plan. i saw some bounty campaign that already distributing token be useless token in wallet and could not sell. maybe if this condition continued , investors will loss their trust to new projects and only existing projects still alive. when this condition happen we will not see new projects that bring new technology to cryptocurrency market.
Their plan was just to steal investors money in the first place, that's why you see alot of abandoned project. There's  no problem distributing tokens using their own wallet but unfortunately its hard to get a decent amount of volume and listing on a exchange cost money. But unfortunately these projects exist just to scam people, alot of people already lost their trust to new projects because of scams.
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May 11, 2020, 12:46:25 PM
 #135

I think ICO is not a good choice for invesment right now. Most of ICO is a scam so dont trust any ICO. For investor i suggest you to join an IEO project. Compare to previous one It is way more safer and less risk. An addition you need to do research.

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