Too good to be real projects

[CryptopreneurBrainboss]

Becareful of fake promises from new projects, some use cases can never be possible on blockchain and many don't know this, I've neglected some projects because of this, why are investors fooling themselves? The warning that says ' stay away from offers that are too good to be true' is not entirely talking about profits only, sometimes it's more than that, how can we be promised that a city will use A.I technology when no single A.I project is successful in crypto space? Be wise fellas, some things will never work on blockchain, at least not this time

I disagree with your reason in regards to somethings not working with the blockchain tech although still agree with you advice to avoid some over dreaming project that set goals that aren't achievable especially in this early stage of the technology. Blockchain is a technology that can be used in all areas of life, with time things will fall in place and those area of our life we thought the technology don't have any business with, will become the driving force for adoption when we begin to see the importance of the technology to that area.

Currently, any project popping up, promising mouthwatering ideas that their project are working on yet all they care about is the price movement of their token and new exchange listing you should disregard yourself from patronizing such project as they're liking scams or genuine project that'll run out of business due to poor management and probably carry-out an exit scam scheme.

[Baby Dragon]

It's only about greed majority of people know what's right and wrong but choose to believe lies because of their own greed so they force themselves to invest into any project that comes with sugarcoated words and plans. No one is to be blamed for their loses if oater the project dosent deliver .

There will always be some people who can be easily manipulated by false promises, like a person who desires for benefits but doesn't analyze the process of achieving it. They just take risk without thinking because they thought that it will be an easy money, but they don't understand that it was just a method to convince them on investing on a project. As an investor, we should be wise before doing an investment, especially these days that people will consistently look for a chance to manipulate you. They will try to catch your attention by using things that you may find interesting like A.I technology, so always do your research to identify which are the worthwhile projects.

[palle11]

The point is not majority of the people involved in cryptocurrency can actually research the blockchain and it is such group of people that fall for an unbelievable scamming strategy. This is unfortunate because scammers will always try to introduce items that will make things real while they are not.

[GreenStox]

I think it's the risk because too many projects come out every day. There must be some that are successful. At least 1 in 10 or 20 will be successful regardless of how long the project will take.Do your research first and don't just be seduced by the conversations and promotions they say.
and there are definitely good projects that will come out.

[TheUltraElite]

I think it's the risk because too many projects come out every day.

No. Projects have reduced coming in frequency but do the investors stop investing. Investing is a habit and so there will be money incoming. This will be directed towards the regurgited vaporware that these projects make out with and dont lead to anything fruitful. They beat the bush and run away with the money.

There must be some that are successful. At least 1 in 10 or 20 will be successful regardless of how long the project will take.

This is not a statistics game. All those 20 projects will be scam, I can assure you that. Thats what crypto ICOs are.

and there are definitely good projects that will come out.

Keep up that false hope and soon you will be drained off your money. A project if was already going to move the world would have taken form in mainstream. Just adding blockchain to it does not make much difference.

[akwfleaspirit]

The poster is very correct, well, now it's good that investors and hunters are getting to understand the crypto scams now, although when Ai projects first started spewing, I think the idea was legit, but it just didn't work, but for more projects to come up with same idea, it started turning it scam. But nonetheless, let's always watch where we invest. No harm in doing research and following your instinct, it's more becoming of 80% of projects being a scam, so we have to be very careful while investing in any project.

[Leonardo7]

Bitwings is a project that promises to produce ethereum with their mobile phones that will be distributed, till date I am still yet to see any gwei come out of their project seems ICO is going to run for 2years, they have been having meetings upon meetings. I really doubt they can meet with this, too many promises with failed execution.

[Shallow]

Becareful of fake promises from new projects, some use cases can never be possible on blockchain and many don't know this, I've neglected some projects because of this, why are investors fooling themselves? The warning that says ' stay away from offers that are too good to be true' is not entirely talking about profits only, sometimes it's more than that, how can we be promised that a city will use A.I technology when no single A.I project is successful in crypto space? Be wise fellas, some things will never work on blockchain, at least not this time

A city using AI, that sounds huge and like you rightly said, too good to be a real project. You also made a very good point, there have been little or no success with AI projects at least none that I know of, so I wonder why Investors are still going for such when it is evident the idea isn't workable. It is always good to take out time to analyse the idea any project is bringing to the table and it is through this way will the truth be discovered, that is, if it will work on blockchain or not, therefore if it won't work that is to say any investment done is likely to be gone. In the same way, most of this projects comes with hype which ends up covering the true nature of the project, therefore at all times, due diligence is needed.

[daglordjames]

Becareful of fake promises from new projects, some use cases can never be possible on blockchain and many don't know this, I've neglected some projects because of this, why are investors fooling themselves? The warning that says ' stay away from offers that are too good to be true' is not entirely talking about profits only, sometimes it's more than that, how can we be promised that a city will use A.I technology when no single A.I project is successful in crypto space? Be wise fellas, some things will never work on blockchain, at least not this time

yes, you're right being offered by really good is really something bizarre because they keep telling the investors about what're they gonna make about it and they cant even do something about it.

[Republikcoin.com]

out there, there are so many projects that have done ICO / IEO that at this time haven't even made any progress. in fact, they continue to make promises and procrastinate by taking advantage of the situation. however, I'm also careful about things like that. even when a project promises something, and it is not fulfilled at a certain time, I might blacklist the project.

[TanakabZX]

I will like to mention few projects that indeed raised softcap but never continue development simply because their use case is over exaggerated, Mindsync and windhan, these projects are completely red flag, they manage to raise softcap but I knew it won't work

[TheClownSong]

Becareful of fake promises from new projects, some use cases can never be possible on blockchain and many don't know this, I've neglected some projects because of this, why are investors fooling themselves? The warning that says ' stay away from offers that are too good to be true' is not entirely talking about profits only, sometimes it's more than that, how can we be promised that a city will use A.I technology when no single A.I project is successful in crypto space? Be wise fellas, some things will never work on blockchain, at least not this time

I agree, although not all projects are successful in producing products, many investors are interested in investing because of expectations of technological and regulatory advancements. I would prefer tokens or coins that have been listed at large exchangers because usually they have passed strict verification

[Kelvinid]

I will like to mention few projects that indeed raised softcap but never continue development simply because their use case is over exaggerated, Mindsync and windhan, these projects are completely red flag, they manage to raise softcap but I knew it won't work

They are greedy people who just like to make money from their investors and give nothing back to them.
Devs are likely to blame this one but as an investor also, we should be careful in choosing a project for investment and I would like to suggest just invest projects that have a working product in the market. A lot of ICO/IEO projects seem to look promising at first, runs by know personalities but later on, they end up scamming. Nothing will give assurance to us, that is the true fact here.

[Davian144]

I will like to mention few projects that indeed raised softcap but never continue development simply because their use case is over exaggerated, Mindsync and windhan, these projects are completely red flag, they manage to raise softcap but I knew it won't work

Yes, and whatever will be done by the two projects will obviously be in vain because like Mindsync, which until now their tokens have no place to be traded by every participant who has ever participated there, this is certainly very painful.

[Baimovic]

Becareful of fake promises from new projects, some use cases can never be possible on blockchain and many don't know this, I've neglected some projects because of this, why are investors fooling themselves? The warning that says ' stay away from offers that are too good to be true' is not entirely talking about profits only, sometimes it's more than that, how can we be promised that a city will use A.I technology when no single A.I project is successful in crypto space? Be wise fellas, some things will never work on blockchain, at least not this time

It's not about the project really it's the people behind the project, if the people behind it are great developers with good background in their fields they can do what they are promised to do, because they are capable to do it, so even if the projects are to good to be true it can be accepted if the people working on it are capable and honest.

yes,The reputation of the developer and the team behind the project is an important role in the ICO project industry. on the other hand the success of a project depends on how they work, and of course product marketing is also very important, I mean if the project is successful but the product is not functioning properly this can affect the reputation of their project. In most cases the project is successful but the product cannot function properly.

[Diamond_Darrell]

Becareful of fake promises from new projects, some use cases can never be possible on blockchain and many don't know this, I've neglected some projects because of this, why are investors fooling themselves? The warning that says ' stay away from offers that are too good to be true' is not entirely talking about profits only, sometimes it's more than that, how can we be promised that a city will use A.I technology when no single A.I project is successful in crypto space? Be wise fellas, some things will never work on blockchain, at least not this time

Almost all projects that claim to be a revolutionary breakthrough in any field are potential scammers. Places are already taken and a new gambler can appear only with the support of someone very passionate and influential

[TheUltraElite]

out there, there are so many projects that have done ICO / IEO that at this time haven't even made any progress. in fact, they continue to make promises and procrastinate by taking advantage of the situation.

They farm the finances in other words and look for a private deal to sell off the failed company to someone who is going to sell it again. It is a business tactic and since the investors have no legal power here the owners are doing stuff at their free will completely disregarding the people who wasted their money these projects.

however, I'm also careful about things like that. even when a project promises something, and it is not fulfilled at a certain time, I might blacklist the project.

That is useful before investing in the project. How will you know that promises remained unfulfilled if you never invested in them? Of course you could follow their social media channels and get the idea but then if you are a non-investor just watching the project you will lose interest in them, generally speaking.

[trauchot]

In the cryptocurrency sphere, a lot of fraudsters create scam projects because they know that they will not be punished for it, therefore you should always carefully study each project in which you want to invest your money so that you will don’t lose your investments in the end because of the scam projects.

[jessyj48]

In the cryptocurrency sphere, a lot of fraudsters create scam projects because they know that they will not be punished for it, therefore you should always carefully study each project in which you want to invest your money so that you will don’t lose your investments in the end because of the scam projects.

Seriously I'm waiting for that day when every thing change in crypto space, scammers are roaming freely because no one can catch them, seeing Binance CEO taking over coinmarketcap is really a good start

[yazher]

Becareful of fake promises from new projects, some use cases can never be possible on blockchain and many don't know this, I've neglected some projects because of this, why are investors fooling themselves? The warning that says ' stay away from offers that are too good to be true' is not entirely talking about profits only, sometimes it's more than that, how can we be promised that a city will use A.I technology when no single A.I project is successful in crypto space? Be wise fellas, some things will never work on blockchain, at least not this time

Indeed you are pertaining to that kind of project. An entire city running with only A.I will be the best city in the whole world. imagine you don't need to have a sales lady or something like that, everything is using A.I including the rail system. that would be good to be seen if something like that would be possible. But the problem is, like you said, nothing like this will ever going to happen because there has been no successful city including japan that makes this thing possible. Right now, this idea is completely out of this world.