Unfinished Projects

[bgaf]

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.

[Stanlo]

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

[beerlover]

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 .

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.

[maxreish]

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.

[Strongkored]

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.

[Republikcoin.com]

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.

[Ken_terrance]

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

[shaheer001]

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.

[Byakuga]

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

[bhabygrim]

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.

[ife2020]

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

[FireBallex]

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

[NewRanger]

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.

[masterrex]

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.

[Balladtony77]

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

[thiscomm]

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.

[Leonardo7]

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.

[xSkylarx]

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.

[Yatsan]

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.

[shoreno]

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.