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Author Topic: Do anybody know if there is a Best Crypto Project that Failed?  (Read 409 times)
TastyChillySauce00
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May 26, 2020, 10:17:33 PM
 #21

Does Anybody know a crypto project that is really great but failed to materialize? I'd like to see one in your comment.
There are many projects that have an excellent foundation when they are released, they did very well but in the end they end up a failure, it's one reason why I hate Hype and FOMO, for example I will like to made metion of few projects that aren't living up to their standard anymore

1. Pundix
2. Miracletele
3. Kuverit
4. Apollo currency
5. Stratis

Not all these projects turned scam but they aren't that good unlike when they come into crypto space.
Personally I hate the XVG project, they created a big hype in 2017 about their project. It has caused the price of XVG to increase hundreds of times, but until now they have not done anything. All are lies from the project and make investors lose in the past 2 years
XVG has done a crap partnership and that's the result for years of development progress. It's not all lies but the developer can't keep the promise to create a good partnership. Remember there was a lot of loop holes on its blockchain that has made XVG got hacked several times.

That's a garbage chain with no usefulness.

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May 26, 2020, 10:22:15 PM
 #22

The best overall project would never fail. But there are projects that's good on paper but has failed to deliver due to incapability of the leading team. Many of the users have already suggested most of them. NEO and Stellar on my opinion were too good to fail. Similarly there were service based project like Gladius and Sia which were pioneer on their genre but couldn't deliver a fully working product.
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May 27, 2020, 12:07:37 AM
 #23

One thing in my mind, Shivom! This project got hype last 2018 however I don't know why but suddenly, silence on their project and nothing follows then. It has a good project and roadmap and even sold their ICO in just less than an hour (I believe) but after that no development at all. https://coinmarketcap.com/currencies/shivom/
I didn't participate in the Shivom project, but I saw that their social media was still active, is it really that there was no development anymore?
They have been dead for a long time, without any updates from their project. But this is one of the successful bounty in 2018, a lot of people have received money from them. And my friend got more than 5000 $ from signature campaign with full member rating only

The same thing in my end, I joined their signature campaign and got a good amount of money, it is even the most hyped ICO, there are many expectations from the team but it seems like they just ran away or maybe, they didn't pursue their roadmap but who knows, it might be because their holdings went down because of the bear market.
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May 27, 2020, 12:13:38 AM
 #24

The same thing in my end, I joined their signature campaign and got a good amount of money, it is even the most hyped ICO, there are many expectations from the team but it seems like they just ran away or maybe, they didn't pursue their roadmap but who knows, it might be because their holdings went down because of the bear market.
I have also participated in the bounty from Pundix and the results are quite good, maybe they failed because of market influence and also there are no more investors who are interested in their coins and finally they run away
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May 27, 2020, 12:04:42 PM
 #25


ICONOMI (ICN) project was once great back in the ICO days its listed on major exchanges like kraken and as far as I know binance also listed this token. Somehow this project is delisted in most exchanges and now just listed on on thier own like they isolate their token to anyone. They have also create another contract for their token and then move away.

I don't even have any idea what happen to them but I still have some tokens left. Tim use to be active but now can't be found.

It is a security and since it was not started by security rules it cant be on exchanges. ICONOMI still exist. It did not failed.
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May 27, 2020, 07:00:57 PM
 #26

Xspec is one that I always said that should have been successful because it is a privacy coin that has more blockchain development under their belt than any other privacy coin but didn't get that much attention. There is no privacy coin that has as improved technology as they do and they always done the leading ideas before any of them and others just followed but they didn't get to be as high as some of the famous privacy ones.

Nano is also another one because that had so much fast blockchain transactions that you would be paying zero fee and getting it under 1 second, under 1 second is ridiculously fast and never seen anywhere else before and it happens. So, those two projects should have been a lot higher than what they are right now but unfortunately didn't go up at all and now tanked.

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May 27, 2020, 07:02:30 PM
 #27

I think it is EOS, this project has received a lot of hype and interest from investors. But over the years, this project has not grown too much, and it seems that the EOS blockchain is very difficult to use and reach new users.

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May 27, 2020, 07:13:16 PM
 #28

Plenty of good cryptocurrency projects have failed, some of them you've never even heard of, because they simply failed to launch entirely.

From recently memory, Multiversum sounded like it had great potential, but then completely failed to deliver.

PIVX is another one that did the same, promising to bring the IPFS protocol to the mainstream—and then got hacked and died.

Practically every token that was hyped up in 2017 following an ICO is now in the early stages of death.
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May 27, 2020, 07:13:23 PM
 #29

Does Anybody know a crypto project that is really great but failed to materialize? I'd like to see one in your comment.
A project that's promising today can turn bad tomorrow, it happens, you don't have to go around looking for such projects, this is why its good to use diversification when investing in altcoins since you can never tell what will happen

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May 27, 2020, 07:16:50 PM
 #30

How can a project be a "best" project if the project already failed? Makes no sense at all.
Are you trying to say if there was any project with a very good idea but failed? Then yeah, there are tons of such projects out there. They put forward extremely good ideas (so good that they are actually impossible to achieve), take investors money and then runs away.

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May 27, 2020, 07:23:33 PM
 #31

I see a lot of altcoins like that, there are a few examples like QKC, NEO, CMT .. these are promising projects in 2017 and 2018, but until now they seem to be dead and without any problems. Any updates. Be really careful when choosing altcoin to invest. Especially altcoins in the long term
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May 31, 2020, 12:40:03 PM
 #32

Does Anybody know a crypto project that is really great but failed to materialize? I'd like to see one in your comment.

Well, I know of Multiversum.  It is a huge crypto project that attracted the attention of many investors back then in 2018/2019.  I did a lot of hard work before I could get little amount of that token hoping that I'm in money already when it is listed on exchange.  Unfortunately, the team was misled or given wrong advice.  The project failed to reach exchange eventually and it has became a decorative coin in my wallet now.
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June 02, 2020, 10:27:08 AM
 #33

Does Anybody know a crypto project that is really great but failed to materialize? I'd like to see one in your comment.

There are in fact many projects which had the hype, raised good money and everyone thought they will make an impact and then all of a sudden everything comes crashing with the projects nowhere to be found, neither is there any product they can boost of. One of such projects is Cool cousin, whose idea was to create a traveling platform, they managed to list and that was it, nothing more nothing less. Another is Nexty, no one is hearing from them again.

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June 02, 2020, 10:36:24 AM
 #34

Does Anybody know a crypto project that is really great but failed to materialize? I'd like to see one in your comment.
Yes there are many good projects that failed, I don't bother cramming the names since they failed already, this is why crypto investment seem like gamble sometimes, its always wise to have many promising altcoins in your portfolio because not everyone of these altcoins will survive even if they have the best features

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June 02, 2020, 10:43:06 AM
 #35

Yes there are many good projects that failed, I don't bother cramming the names since they failed already, this is why crypto investment seem like gamble sometimes, its always wise to have many promising altcoins in your portfolio because not everyone of these altcoins will survive even if they have the best features
Sometimes we are also wrong in interpreting or evaluating projects, because a failed project is a project that is not good, because a project that is really good in general will not fail, because the team is very concerned about the project so they are always looking for solutions to make the project become success.
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June 02, 2020, 10:57:03 AM
 #36

Does Anybody know a crypto project that is really great but failed to materialize? I'd like to see one in your comment.
I have seen a lot of projects that failed to materialized because of its incompetent devs this are the two promising projects that if it went other ways who knows they might be at the top 10 nowadays.
#1 Ethereum DAO
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June 02, 2020, 11:14:47 AM
 #37

Any good project can fail at one point in time, the reason? Well we can never tell, humans like yourself are the ones in charge of these new projects, anything can happen, even death or betrayals or just simple bad intent from the team themselves
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June 02, 2020, 11:23:51 AM
 #38

Any good project can fail at one point in time, the reason? Well we can never tell, humans like yourself are the ones in charge of these new projects, anything can happen, even death or betrayals or just simple bad intent from the team themselves
Yes, it is possible that everything can happen to the project even when we don't expect it at all, only in the case of a project we can also see physically whether the project is strong or not and is supported by a large partner, because things like that are clear can bring a project into success, except for betrayal or simple bad intentions from the team itself.
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June 02, 2020, 11:26:48 AM
 #39

I have seen a few projects like QKC, CMT ... They are very well evaluated projects and there are a lot of famous people investing in it. But in the end, these projects turned into scams and did not meet the expectations of investors, they were failed projects in this market.

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June 02, 2020, 03:03:58 PM
 #40

Does Anybody know a crypto project that is really great but failed to materialize? I'd like to see one in your comment.
I have seen lots of such projects.

But I am curious to know why you're looking for the projects which were failed? Do you have any plan to take over such projects?
If so, that must be the biggest mistake of your lifetime. Because, people will never believe into already failed projects.  I guess failed project must remain failed forever because regaining faith from this community is not that easier one.

Instead of looking for re-launching an old project, you may copy the concept of whatever project you are liking.

Yes, people will never mind about duplicate concept based projects. There are a lot of such projects are already into the market. I mean there are more than one projects which are dealing about same concept or providing solution for the same kind of problems.

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