Unfinished Projects

[MikeyVeez]

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?

[1714946934]

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[1714946934]

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[1714946934]

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[kingzpro]

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.

[enhu]

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.

[mersal]

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.

[Sanugarid]

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.

[gensol]

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.

[Furryball]

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

[mersal]

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.

[BChydro]

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.

[forexandcryptoauditor]

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.

[gundala]

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.

[cytpoway121]

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

[MUG1WARA]

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

[adzino]

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?

[Perfect35]

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.

[Kasabus]

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.

[Twinkledoe]

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.

[pikkie]

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.

[wingfield_crypto]

      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.

[bittick]

      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.