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Author Topic: What the heck is happening to new projects?  (Read 1267 times)
someone703
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April 04, 2020, 01:03:07 PM
 #101

Since I've ranked up to junior member I decide to start my bounty hunting journey and after spending hours on bounty section on this forum I was shocked that no single bounty is of high quality and worth my time, all I see is projects going for crap exchanges like ChainX and another one called leadwallet that wants to raise fund using ChainX and all team members are Nigerians, really? And many members are promoting such project? The good projects are over or I'm missing something?

Aren't there bounty projects that list on gate.io, binance, okex, huobi ? ChainX, p2pb2b, exmarket and others like these exchanges will only drag the project down, are bounty hunters blind or just too stupid to do research?

Some of the members lack the option to choose from, they promote projects hoping that the project will turn out to be good after the market gets better, and on leadwallet, good projects have no nationality, even if they are all coming from one country, as long as their project is not on the scam thread they are still ok to run crowdfunding, it's still in the hands of the investors.

In promoting a project, those who like to work understands already the status of the market now, majority of the project will fail so majority of the bounty hunters will not be able to get a good reward, they are promoting hoping they will be lucky being able to promote a successful project and they don't actually risk money like investors, so at the end of the day, they don't lose anything, except for the little effort.
They will take time when participating in the campaigns here. They work for months and wait months to get those tokens, but ultimately. Those projects fail and investors are unable to sell those tokens, it is better to give up the bounty and look for a better job.

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April 04, 2020, 01:18:03 PM
 #102

Some of the members lack the option to choose from, they promote projects hoping that the project will turn out to be good after the market gets better, and on leadwallet, good projects have no nationality, even if they are all coming from one country, as long as their project is not on the scam thread they are still ok to run crowdfunding, it's still in the hands of the investors.
Its up to investors who will be the one to invest them and bounty hunters must try their best to promote the project they participated. Some newbies today are just participating without any background check about the project and how much campaign will they participate in social media. Today, only few projects are taking seriously to launch their token and a lot of them just purpose is to scam others.

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April 04, 2020, 02:01:14 PM
 #103

Some of the members lack the option to choose from, they promote projects hoping that the project will turn out to be good after the market gets better, and on leadwallet, good projects have no nationality, even if they are all coming from one country, as long as their project is not on the scam thread they are still ok to run crowdfunding, it's still in the hands of the investors.
Its up to investors who will be the one to invest them and bounty hunters must try their best to promote the project they participated. Some newbies today are just participating without any background check about the project and how much campaign will they participate in social media. Today, only few projects are taking seriously to launch their token and a lot of them just purpose is to scam others.
Indeed, that is what many beginners do now and do not see the background of the team and therefore they always promote without control what happens to the project, so investors don't want to invest in the project by promoting the beginner to that only ordinary projects will not succeed.
Investors always see what is happening with the project and therefore it is very important to check the background of the project.

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April 04, 2020, 03:18:05 PM
 #104

You guys think maybe it is because its quite easy to get funding for the projects? I mean it looks like maybe we are making things quite easy for the projects and that is why there are very low effort scam projects that still pops up all the time?

Let's say you are creating a new coin, you are offering it on some ICO or whatever, people are paying money to you to get that coin "cheap" (which the price will be even lesser after day 1) and you get the money, on top of that you just give more of that coin for free to people who promote it, so your coin gets a bit of famous as well, all in all you spent nothing but a made up coin you will give out but you both got money for free and also got promoted and now have a community. It is too easy to scam like that nowadays.
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April 04, 2020, 08:06:04 PM
 #105

When people are literally moving away from crypto and stocks and other investments, hell some people are so afraid they are literally selling all of their assets, it is not really wise to assume projects would get funding neither. Plus, there are not that many people who are really into crypto and really smart and really innovative that hasn't built their own crypto already, many people who could do something like that has already dome something like that anyway.

Long story short if you are expecting a new project that will change the crypto world, do not hold your breath, I doubt it will ever happen again but even if it does the number will not be more than one per year, we would be lucky to get one per year actually, so all the other hundreds of projects will be all a waste.

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Perfect35
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April 04, 2020, 08:13:42 PM
 #106

The problem with new projects this days is the Exchanges they plan to list on, this is not about end results, with IEO you already know what will happen in the end if you go for low exchanges. If you want better results go for high rated exchanges

New projects are choosing low volume exchange for cheating the people, it is not at all good idea to participate in those IEO because it makes us lose our money. So we should choose a higher volume exchange like Binance and Huobi because they will list some potential companies.

The reason for them to choose the new exchange is listing fees. They only need to pay a much smaller amount and their project will be listed on those exchanges, if they want IEO on larger exchanges they need to pay several million dollars to be able to be selected

Why did they launch the project if they know they are not prepared or that they do not have the fund to kickstart. I know that getting money is not something easy, most especially when it is needed to list on big exchanges. These exchanges collect a huge amount of money but at the same time, some of them use that same money to provide liquidity for the project. So, it is in the best interest of the project team and the investors.
Listing on shit exchange does not portray a project to be good. in fact, it tells a lot about it.
cryptothreads
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April 05, 2020, 01:56:25 AM
 #107

Some of the members lack the option to choose from, they promote projects hoping that the project will turn out to be good after the market gets better, and on leadwallet, good projects have no nationality, even if they are all coming from one country, as long as their project is not on the scam thread they are still ok to run crowdfunding, it's still in the hands of the investors.
Its up to investors who will be the one to invest them and bounty hunters must try their best to promote the project they participated. Some newbies today are just participating without any background check about the project and how much campaign will they participate in social media. Today, only few projects are taking seriously to launch their token and a lot of them just purpose is to scam others.
Hundreds of projects are planning to advertise but only some are really serious with the original plan. I think based on what is happening in this market, we cannot blame them because covid-19 is making the situation worse and if not sure, do not participate because it only makes for you more time consuming.

I always check many times before joining and always have a reasonable strategy to ensure the project brings me money.
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April 05, 2020, 02:02:01 AM
 #108

To what I observed, most of projects are keep failing especially today where there is a crisis that is a threat in every economy. It is better if we will stay away to those kind of projects if we want to protect our capital. The risks are so high and I do not have that kind of risk appetite and that is why I ignoring the new projects in the market.

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April 05, 2020, 02:12:37 AM
 #109

the bounty hunter is not blind but aware that the bounty starts from zero, does not immediately become big because everything needs a process.
we can't say that every new project now has no bright future, because maybe of the many new projects there will emerge as the top altcoin competitor.
basically do not use bounty as a source of income but use it as a trigger for crypto space to be more colorful.
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April 05, 2020, 02:22:00 AM
 #110

Since I've ranked up to junior member I decide to start my bounty hunting journey and after spending hours on bounty section on this forum I was shocked that no single bounty is of high quality and worth my time, all I see is projects going for crap exchanges like ChainX and another one called leadwallet that wants to raise fund using ChainX and all team members are Nigerians, really? And many members are promoting such project? The good projects are over or I'm missing something?

The are few projects that are still good, IMO. You may use this link as reference: https://bitcointalk.org/index.php?topic=5228629.0

He' given few projects that are worth it to partcipate with and I think you should try it. Although it seems too attractive to participate with these projects, have a proper research also as we really have to be picky with regards to bounty campaigns these days.
TheClownSong
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April 05, 2020, 03:06:01 AM
 #111

Since I've ranked up to junior member I decide to start my bounty hunting journey and after spending hours on bounty section on this forum I was shocked that no single bounty is of high quality and worth my time, all I see is projects going for crap exchanges like ChainX and another one called leadwallet that wants to raise fund using ChainX and all team members are Nigerians, really? And many members are promoting such project? The good projects are over or I'm missing something?

The are few projects that are still good, IMO. You may use this link as reference: https://bitcointalk.org/index.php?topic=5228629.0

He' given few projects that are worth it to partcipate with and I think you should try it. Although it seems too attractive to participate with these projects, have a proper research also as we really have to be picky with regards to bounty campaigns these days.

This is good information for bounty hunters and I think this will prevent hunters from working on scam project campaigns. With this guide, hunters can choose projects according to their wishes and get paid compared to working on unclear projects
Lexurdania
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April 05, 2020, 03:24:31 AM
 #112

Since I've ranked up to junior member I decide to start my bounty hunting journey and after spending hours on bounty section on this forum I was shocked that no single bounty is of high quality and worth my time, all I see is projects going for crap exchanges like ChainX and another one called leadwallet that wants to raise fund using ChainX and all team members are Nigerians, really? And many members are promoting such project? The good projects are over or I'm missing something?

Aren't there bounty projects that list on gate.io, binance, okex, huobi ? ChainX, p2pb2b, exmarket and others like these exchanges will only drag the project down, are bounty hunters blind or just too stupid to do research?

Bounty today is different from a few years ago because many new projects that are scam or projects cannot reach sales targets. But there are still some projects that in my opinion are good and doing IEO on exchangers is considered good

Pretty much this. 99% of new projects / bounties / airdrops are scams or shady. It's all about finding that 1% that has the potential to be a success.

It is indeed difficult to find 1% and it requires good research to find a legitimate project. There are many threads that discuss this and by keeping abreast of new project developments, we will be able to distinguish which projects are scams and which are not

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April 05, 2020, 03:29:27 AM
 #113

Don't you think that all projects in the bounty are nonsense projects. there are still many projects that have good prospects and have started to be registered in the country. You are still too late to start looking for the project. please just search and do not have to think too long, rather than thinking too long we just have projects in this forum

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April 05, 2020, 03:39:09 AM
 #114

Not all projects are bad and some of these ones going to the aforementioned exchanges also paid for IEO which is according to what they have, I do check projects before I do the bounty anyway but bounty isn't like before and we have so many greedy fellows out there looking for who to scam. Do your research before doing bounty, we still have good bounties.

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April 05, 2020, 10:45:14 AM
 #115

Some of the members lack the option to choose from, they promote projects hoping that the project will turn out to be good after the market gets better, and on leadwallet, good projects have no nationality, even if they are all coming from one country, as long as their project is not on the scam thread they are still ok to run crowdfunding, it's still in the hands of the investors.
Its up to investors who will be the one to invest them and bounty hunters must try their best to promote the project they participated. Some newbies today are just participating without any background check about the project and how much campaign will they participate in social media. Today, only few projects are taking seriously to launch their token and a lot of them just purpose is to scam others.
It's the responsibility of the investors to check every details regarding the project to make sure that it is beneficial and profitable. Aside from that, you have to consider the factors that may affect your investment that will guide you to determine how you can make a proper decision. Some projects are made to take advantage of people's assets and for that reason we should think carefully and be cautious before investing to avoid falling into scams.

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Samayuki
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April 05, 2020, 11:38:04 AM
 #116

Since I've ranked up to junior member I decide to start my bounty hunting journey and after spending hours on bounty section on this forum I was shocked that no single bounty is of high quality and worth my time, all I see is projects going for crap exchanges like ChainX and another one called leadwallet that wants to raise fund using ChainX and all team members are Nigerians, really? And many members are promoting such project? The good projects are over or I'm missing something?

Aren't there bounty projects that list on gate.io, binance, okex, huobi ? ChainX, p2pb2b, exmarket and others like these exchanges will only drag the project down, are bounty hunters blind or just too stupid to do research?

Just making so much noise, am sure ones you volunteere to foot their bill to list on Okex, Binance..... they won't be in crap exchange, you can be a private investors to any of the project to save them the trouble,
If you see any project that don't worth your time, move on to the next one, no need to use such condescending tone just because a project team came from a particular country,
You have such a foul tongue for your jr member account, you must think you have conquered the world being a jr member.
Anonlyz it seems you are a Nigerian? OP words get you good  Grin lol, don't feel bad about it, many scammers on telegram are from Nigeria , they use others identity and crafted names to fool people, it's a big shame for people in that country, it's rare to see them do things without backstabbing in the end

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April 05, 2020, 12:29:56 PM
 #117

There are no new projects, because people understood, that not everything need blockchain technology and (probably) it is easier and quicker to raise funds on kickstarter than run ico. Plus there are fewer money in cryptocurrency since 2017 (golden period of ico).

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April 05, 2020, 12:32:58 PM
 #118

Since I've ranked up to junior member I decide to start my bounty hunting journey and after spending hours on bounty section on this forum I was shocked that no single bounty is of high quality and worth my time, all I see is projects going for crap exchanges like ChainX and another one called leadwallet that wants to raise fund using ChainX and all team members are Nigerians, really? And many members are promoting such project? The good projects are over or I'm missing something?

Aren't there bounty projects that list on gate.io, binance, okex, huobi ? ChainX, p2pb2b, exmarket and others like these exchanges will only drag the project down, are bounty hunters blind or just too stupid to do research?

Just making so much noise, am sure ones you volunteere to foot their bill to list on Okex, Binance..... they won't be in crap exchange, you can be a private investors to any of the project to save them the trouble,
If you see any project that don't worth your time, move on to the next one, no need to use such condescending tone just because a project team came from a particular country,
You have such a foul tongue for your jr member account, you must think you have conquered the world being a jr member.
Anonlyz it seems you are a Nigerian? OP words get you good  Grin lol, don't feel bad about it, many scammers on telegram are from Nigeria , they use others identity and crafted names to fool people, it's a big shame for people in that country, it's rare to see them do things without backstabbing in the end
even though it is only a person who may not be all Nigerian people do it, but one country gets the impact. they seemed to play rough to get personal gain, regardless of the others. of course this is very sad, because the dark lines and shortcuts are used


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April 05, 2020, 12:36:24 PM
 #119

Hundreds of projects are planning to advertise but only some are really serious with the original plan. ...

Without proper regulation, a lot of scammers appear on the cryptocurrency market, who have only one goal to collect money from trusting investors. And such "projects" can promise high income for investors after the end of the ICO and high pay for bounty hunters. But they initially know that this will not be fulfilled.

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April 05, 2020, 12:43:13 PM
 #120

Hundreds of projects are planning to advertise but only some are really serious with the original plan. ...

Without proper regulation, a lot of scammers appear on the cryptocurrency market, who have only one goal to collect money from trusting investors. And such "projects" can promise high income for investors after the end of the ICO and high pay for bounty hunters. But they initially know that this will not be fulfilled.
Projects that promise to get high returns when investing in them are scams. I have seen a lot of projects like that, they offer great offers to attract investors and hit their greed. But the end result is that those projects have become scams and don't have any profits as they promised

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