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Author Topic: Not all projects are bad  (Read 562 times)
Raflesia
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March 03, 2020, 01:47:09 PM
 #21

It is a fact and truth that it's not easy being a developer. But before committing themselves into a project, they need to think of it as many times as they can. It's not just about the creation but also the commitment that they will dwell while making the project.
The progress should also be monitored and expectations are normal for the fellow investors but if the developers really see that it's not going anywhere, they can admit it despite doing all that they can.

A developer certainly has to think of a good concept first before starting it and being a developer does not seem easy, it must have high insight and also partners to develop more broadly, marketing and products, especially in a project, sometimes with the failure makes developers prustasi and not want to try marketing again in the project they are running.

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March 03, 2020, 01:48:45 PM
 #22

Well, I guess not adhering to basic crypto standards is why they find it hard to convince investors especially in difficult times. Developers will need to show investors that their project is technically sound, decentralized, viable, safe, transparent etc in order to convince them.  Hopefully, this standards will be improved, adopted by decentralized community and coded into decentralized crowdfunding platforms to make building crypto-friendly things easier for developers who don't know or understand the purpose of crypto
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March 03, 2020, 01:51:54 PM
 #23

i think you are wrong by blaming bounty hunters. PLEASE NOTE: HUNTERS ARE NOT INVESTORS. They are not part of your team or company. they are interested in promoting your brand to the world with the best information you provided to them. At the end of such work, you as a project owner or developer should pay them. and then focus on your promoting your project on your social platforms.

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March 03, 2020, 01:53:00 PM
 #24

Yes of course all of the proposed projects are aiming for good either for transaction, security, utility tokens etc. Even the scammers creates a whitepaper that aims to do good but their real motive is to deceive and scam others.

At first thought you will think that they might be having a hard time but if you're here in the forum for a long time you will eventually realized that most of the scams and failed projects have the same reasons, circumstances,etc.

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March 03, 2020, 02:01:52 PM
 #25

Of course not all projects are bad but many of them are not good or a scam project. I know it is not easy to become a developer but people don't know if that developer can be trusted. It is really risky to invest a new project, people should take time to research the project if they really want to get big profit in the future.
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March 03, 2020, 02:27:08 PM
 #26

Right. I agree that not all projects are bad. sometimes people are too quick to judge all projects as bad, even though there are still many projects that have good potential for the future. only when referring to the back indeed many fraudsters projects that have sprung up so that many people are disappointed, especially the bounty hunters. therefore we must be able to move on from the negative and look ahead with a good project that can produce benefits for us.
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March 03, 2020, 02:39:58 PM
 #27

many projects die because they choose the wrong direction of development. many areas simply don’t need tokenization and the blockchain’s creation, but developers want to earn money. yes they really try to work hard but then they get to their limits and projects die

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March 03, 2020, 02:53:01 PM
 #28

Many projects fail for a variety of reasons. Especially the failure caused by sales targets that are not met or softcap has not been achieved. Some of the failed projects that I have participated in have good potential for redevelopment, but due to constraints on unmet costs, they have to be stopped.
Projects that succeed in reaching the target and pay bounty hunters with tokens also cannot be said to be successful, because they only distribute tokens and do not provide Exchange to sell the tokens, it is a manipulation that ends in projects that will be abandoned and tokens will become junk.

Good and bad projects can be determined in various aspects and research needs to be done first.

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March 03, 2020, 02:55:18 PM
 #29

Of course not all projects are bad but many of them are not good or a scam project. I know it is not easy to become a developer but people don't know if that developer can be trusted. It is really risky to invest a new project, people should take time to research the project if they really want to get big profit in the future.
You can't consider each and every project as bad, it's just that some of them don't fulfill their promises. It is mostly the reason why investors are in doubt on investing in some projects because they are aware that they can't assure themselves that it will be worthwhile. Doing your own research will help you as an investor to distinguish which project will give you profit because you will be able to see various of information that can guide you as you settle your decision.

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March 03, 2020, 03:19:27 PM
 #30

If all projects are bad, there would be no altcoins now, the truth is, most of the projects are bad so the altcoins market are heavily affected by that reality.
Actually if investors will be more matured, we can prevent investing on bad projects because we are already knowledgeable in choosing a legit one.
The most amazing thing is that now it is very difficult to understand which projects will be really good and will bring big profits. if now I open a coinmarketcap and see coins there that conducted bounty campaign 2 years ago, and now they cost very good money, I am surprised because I did not participate and 2 years ago I think that this is scam projects

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March 03, 2020, 03:35:43 PM
 #31

If all projects are bad, there would be no altcoins now, the truth is, most of the projects are bad so the altcoins market are heavily affected by that reality.
Actually if investors will be more matured, we can prevent investing on bad projects because we are already knowledgeable in choosing a legit one.
The most amazing thing is that now it is very difficult to understand which projects will be really good and will bring big profits. if now I open a coinmarketcap and see coins there that conducted bounty campaign 2 years ago, and now they cost very good money, I am surprised because I did not participate and 2 years ago I think that this is scam projects

There are more scam projects than the good ones and the bad ones combined.  The ones you think have good value today like the ones who did a campaign two years ago might just be gone after another bear market. There are really good projects back 2015 and 2016, you can't even believe they are gone now. Those teams were left behind and taken over by better teams and they lose faith at what they do and end up scam.

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March 03, 2020, 03:44:39 PM
 #32

Not all developers are equal and not all "investors" are equal. There are several developers behind which serious investors poured a lot of money in form of BTC or Ether. The problem is the easy "marketing" that is available now. Most of these projects market only to the so called bounty hunters who only bring behind them another set of moon hopefuls.
Back in 2017, when this was all very new, people flocked like crazy at the combination of BTC Ann thread, Whitepaper, Website, Telegram and Reddit channel. A lot of us bought our first BTC or ETH to "invest" in these. The lucky ones got them from Signature campaign here when there were still a few serious devs left. That "flock of hopefuls" has kept decreasing and i guess only the scammiest of them remain in the market still offering bounties and airdrops.

If the Alts are to have a future, everybody should simply stop rehashing old ideas into new whitepapers and stop with inventing bullshit names for their website. Most of all, people looking for bounties should stop giving these people the cheap, free marketing from thousands of FB and twitter accounts. Its a losing game with diminishing returns for everybody in the space. Just focus on the few serious ones and get involved.
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March 03, 2020, 03:55:17 PM
 #33

If you are a developer and you develop a new project and build a good team and after several months of promoting the project you don't met your expectations yet you never give up won't others say bad thing about the project and the teams? This is happening with few good projects in crypto space but many failed to understand, they want their half cake quickly e.g bounty hunters, to say the truth it's not easy to be a developer, not all projects that failed are bad, they might not just meet their expectations

Indeed. Specially talking about getting into the vast world of cryptocurrency where we are all currently into in which there are lots of existing projects that play as competition due to the reason that people are more likely looking for project that offer big bounty reward and not the project itself already. It is so awful that great projects that have great ideas are most likely being set aside because people seems to be more focus into what they can get from the project and not the idea why the project is made after all. It is hard to be a developer nowadays now that there are lots of competencies around that's why even the real, reliable, legible and unique project still turns out to fail because some contributing factors that are needed to make the project successful is not being met by the team in a span of time. Creating or developing a project is more likely building up a business which is real to hard due to lots of competencies that are blocking the way directly to success. Failed projects does not momentarily mean that the project is bad or a scam. It is just that there are really cases that even the good ones still cannot achieve success.

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March 03, 2020, 04:59:20 PM
 #34

many projects die because they choose the wrong direction of development. many areas simply don’t need tokenization and the blockchain’s creation, but developers want to earn money. yes they really try to work hard but then they get to their limits and projects die
That's not even a big problem when they were choosing another direction as long as they are still in the same vision. The fact that most of the scam projects were changing their vision in the middle of the development progress.

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March 03, 2020, 05:02:24 PM
 #35

If all projects are bad, there would be no altcoins now, the truth is, most of the projects are bad so the altcoins market are heavily affected by that reality.
Actually if investors will be more matured, we can prevent investing on bad projects because we are already knowledgeable in choosing a legit one.
The most amazing thing is that now it is very difficult to understand which projects will be really good and will bring big profits. if now I open a coinmarketcap and see coins there that conducted bounty campaign 2 years ago, and now they cost very good money, I am surprised because I did not participate and 2 years ago I think that this is scam projects

There are more scam projects than the good ones and the bad ones combined.  The ones you think have good value today like the ones who did a campaign two years ago might just be gone after another bear market. There are really good projects back 2015 and 2016, you can't even believe they are gone now. Those teams were left behind and taken over by better teams and they lose faith at what they do and end up scam.
Indeed, we can say that yes there are lots of projects that are scams, there are projects that are intentionally scamming people and that is their purpose developing that project but there are projects that are legitimate but sometimes they cannot continue because of some reasons so they are failing as they continue by some reasons, maybe because of the market's condition or because they are really doesn't have enough investors to support them because it is actually based on their platform if it is really encouraging or promising that it will succeed in the future.
If all projects are bad, there would be no altcoins now, the truth is, most of the projects are bad so the altcoins market are heavily affected by that reality.
Actually if investors will be more matured, we can prevent investing on bad projects because we are already knowledgeable in choosing a legit one.
I can say that this is true but if we look at the bright side, there are still projects that are really emerging and becomes successful as they continue innovating their platform as time passes by, it is really all about the platform and the and the ability to survive even if the market is experiencing a downfall.
The most amazing thing is that now it is very difficult to understand which projects will be really good and will bring big profits. if now I open a coinmarketcap and see coins there that conducted bounty campaign 2 years ago, and now they cost very good money, I am surprised because I did not participate and 2 years ago I think that this is scam projects

There are more scam projects than the good ones and the bad ones combined.  The ones you think have good value today like the ones who did a campaign two years ago might just be gone after another bear market. There are really good projects back 2015 and 2016, you can't even believe they are gone now. Those teams were left behind and taken over by better teams and they lose faith at what they do and end up scam.

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March 03, 2020, 05:07:59 PM
 #36

If you are a developer and you develop a new project and build a good team and after several months of promoting the project you don't met your expectations yet you never give up won't others say bad thing about the project and the teams? This is happening with few good projects in crypto space but many failed to understand, they want their half cake quickly e.g bounty hunters, to say the truth it's not easy to be a developer, not all projects that failed are bad, they might not just meet their expectations

Of course there are those who try to work honestly, but there are only a few such projects. The steelworkers deceive consciously and do not need to protect them. I have met such projects many times when they say that everything is fine, but in the end they write sorry we could not achieve success. Others generally refuse to pay and their reasons are completely ridiculous. I believe that honest projects are those that play fair games.
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March 03, 2020, 06:04:20 PM
 #37

It is a fact and truth that it's not easy being a developer. But before committing themselves into a project, they need to think of it as many times as they can. It's not just about the creation but also the commitment that they will dwell while making the project.
The progress should also be monitored and expectations are normal for the fellow investors but if the developers really see that it's not going anywhere, they can admit it despite doing all that they can.
Agree, as for the expectations, it is something a project/team out of hand because it is something an individual view with regards what the project is offering, and the team were doing. Well but that doesn't mean they need to carry people's expectation always, well, what they must is to make the project successful and at least reach what they wrote on their timeline, and pronouncements. Anyway, saying theat they won't be able isn't a hard thing though, majority are being silent to avoid and/or escape a lot of rants, complaints/grievances among the participants especially the investors.
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March 03, 2020, 06:06:13 PM
 #38

I have taken part in most translation campaigns in the ICO era and beyond. What I can say is out of 500 projects only 5-10 remain at a viable price/are alive today.
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March 03, 2020, 06:14:19 PM
 #39

No doubt in the beginning of any project it needs to work hard and make its place into the market, But sometimes its quite tough if you didn't receive expected respond from clients or community. But continuously work with honesty always matters.
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March 03, 2020, 06:35:48 PM
 #40

No doubt in the beginning of any project it needs to work hard and make its place into the market, But sometimes its quite tough if you didn't receive expected respond from clients or community. But continuously work with honesty always matters.
Yes. The developer of a project must be very hardworking and has done a lot of preparations before deciding to develop the project so he can meet the community's expectations. But even if the project does not end up successfully, it does not mean that its a bad or scam one. Sometimes even the most good projects that we are expecting still fail in the end.

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