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Author Topic: Any use for failed cryptos?  (Read 902 times)
Darkuso
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June 13, 2020, 01:55:55 AM
 #41

Probably not for the most, remember that since is still a baby technology, most of those failed cryptos were only a cash grab, with very few or nontechnological improvements at all and based almost completely on an advertisement, FOMO or crazy promises of getting rich in one day, maybe just a few had some real use and were forked into something new or a lesson for future development.
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June 13, 2020, 02:04:46 AM
 #42

Any use for coins/tokens of defunct projects like Synereo/Hyperspace (AMP) and others?
If the projects are defunct projects just ignore. We should not feel desperate about the projects.  But I think it is okay if we save the coin in our wallet.  It will not disturb anything.  It can be find in the cryptocurrency all the time.  We can deny it.
those who are dead and are not walking need not be expected anymore. token in the wallet, leave it. after all, most tokens like that come from bounties and airdrops. if you don't want to see it, we just need to create a new wallet.

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June 13, 2020, 04:02:11 AM
 #43

Any use for coins/tokens of defunct projects like Synereo/Hyperspace (AMP) and others?

The only thing that you can do to such coins /tokens is to toss them into the trash can because they can't be of any use to you, send them to an address which you don't save the pk to burn them forever, except for some reason there is a probability someone will pick the project up and revive it otherwise just trash them and move on.

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June 13, 2020, 04:32:35 AM
 #44

Any use for coins/tokens of defunct projects like Synereo/Hyperspace (AMP) and others?
If the projects are defunct projects just ignore. We should not feel desperate about the projects.  But I think it is okay if we save the coin in our wallet.  It will not disturb anything.  It can be find in the cryptocurrency all the time.  We can deny it.
Even some people wanna sent their tokens to the default address caused by the crap coins look so annoying in their wallet.
OP must forget to use or try to re-cycle the crap coins caused by it has already dead and it doesn't need to be revived again.



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June 13, 2020, 06:29:07 AM
 #45

Any use for coins/tokens of defunct projects like Synereo/Hyperspace (AMP) and others?

The only thing you can do with failed coins and project is to learn not repeating the same mistakes for both projects and investors.
There was a service called coinjanitor that promised buying dead coins but the irony is the project itself has gone dead.
The best thing is to move on and forget what is already lost.
True looking back on those failed token/coins will really give you an insight and realize the mistake you have done, some token look promising at the beginning but failed to materialize because of incompetent devs or at the most greedy devs,
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June 13, 2020, 06:52:18 AM
 #46

Just a lesson learned, I guess that is the simplest thing that I can say about failed cryptos, just some other tokens in your wallet and nothing to do unless you got a lot of it and make a pump on it, I mean, make a market but it is too risky and maybe, no use at all but no one will do this, just saying, lol!
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June 13, 2020, 07:57:14 AM
 #47

I remember dead coins at Yobit which is moving at 1 satoshi - 2 satoshi.
I was once a victim of that kind of scheme.
A group will be pouring the troll box to say that certain coin is jumping in price tomorrow or the next couple of days.
I took the bait.
Of course, you won't get back what you bought. It will just keep on being at 0 sell point.  Grin

Learned my lesson. Never believe the troll box.
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June 13, 2020, 09:23:10 AM
 #48

Never hear about Synereo/Hyperspace so I can't assert their chance to come back after failed/defunct. But I think on average basic of cryptos, the chance is very slim for a failed/defunct coin or token to be back or found some use.
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June 13, 2020, 09:36:35 AM
 #49

Never heard of these projects, however just like they are failed projects according to you, same attributes which were associated with others will be likened to them too. There is no use for failed project, just as the attribute goes, failed projects it just means they should be forgotten as well but never forget the lessons it taught you. If it's an ICO or IEO or the team using hype and so on, learn from whatever it is and make better decisions henceforth.

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June 13, 2020, 11:02:52 AM
 #50

Any use for coins/tokens of defunct projects like Synereo/Hyperspace (AMP) and others?
I think the most appropriate answer is NO, those failed projects coin/token has no use at all and destined to vanish soon, I feel sorry for those who invested in all of those failed projects I know it's not easy to let our hard-earned money to be vaporized I feel that because I'm experience it a couple of times but I'm not losing hope that one day I will recover those losses.
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June 13, 2020, 11:12:26 AM
 #51

You can use it as personal collection of failed/junk coin. I'm doing it and storing it to my trezor with separate ETH wallet address. Maybe someday, It will be a collector item in the future same as error coin. Its better to think that way rather than regretting about your failed investment.

Is there anyone here collecting junk coins like me? I know it's weird but I feel so relieve when I think it that way.  Grin

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June 13, 2020, 11:20:43 AM
 #52

Just ignore If you have many junk coins in your wallet, sending them out will cost you extra gas fee, better to delete their smart contract from your wallet so they won't appear anymore 

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June 13, 2020, 11:25:28 AM
 #53

Any use for coins/tokens of defunct projects like Synereo/Hyperspace (AMP) and others?
mostly nothing. because tokens from projects that die will also die, but some won't die, like Envion.
but of course the risk is very large, it's better to avoid it
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June 13, 2020, 11:25:34 AM
 #54

Any use for coins/tokens of defunct projects like Synereo/Hyperspace (AMP) and others?
If the projects are defunct projects just ignore. We should not feel desperate about the projects.  But I think it is okay if we save the coin in our wallet.  It will not disturb anything.  It can be find in the cryptocurrency all the time.  We can deny it.
They will feel hopeless if they have invested in such projects. I myself encountered this situation, invested a lot of money in CMT project but in the end, the price kept going down and never showed signs of recovery.

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June 13, 2020, 11:28:56 AM
 #55

Dump them off to unknown address, if you have too many useless coins in your wallet it can be frustrating well scrolling through, or you can abandon the wallet and create another wallet them move few good ones from the old to the new
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June 13, 2020, 11:41:06 AM
 #56

Dump them off to unknown address, if you have too many useless coins in your wallet it can be frustrating well scrolling through, or you can abandon the wallet and create another wallet them move few good ones from the old to the new
You can also hope that some pumped group will play to this token, oh well, if you don't have any trust to this project and you are well aware that it's a complete failure forget about it and move to other coin, if you are a investors use this experienced as learning blocks to your success.
Find good reason to avoid making another mistakes and stay away from project like this, there's  lots of project
that can be found around this sphere.

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June 13, 2020, 11:46:45 AM
 #57

Any use for coins/tokens of defunct projects like Synereo/Hyperspace (AMP) and others?
Don't bother stressing yourself, once a project is dead then it means no one has interest in them anymore, most dead projects in crypto space don't just die because people don't have interest, it's because the team scam investors or betray investors.

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June 13, 2020, 11:58:12 AM
 #58

Any use for coins/tokens of defunct projects like Synereo/Hyperspace (AMP) and others?
Every token or coin is associated with a platform or product if  they stop building their platform or product, then the token or coin become useless and people will just dump the token or coin if there are still market if there is no market anymore then the token is useless in your wallet.

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June 13, 2020, 12:19:13 PM
 #59

Any use for coins/tokens of defunct projects like Synereo/Hyperspace (AMP) and others?
Just a display in your ETH address Cheesy.

If the project/crypto is failed, there is nothing you can do about it but to just store it in your ETH wallet and do nothing. If you can sell it in an exchange where there is volume in it then you are very lucky with it. I have been in the bounty campaigns for like a year I think and I have received many tokens that until now doesn't have value. There are some who has value though but you can't sell it because there is no volume in the exchanges so for me it is considered a failed token.

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June 13, 2020, 12:52:56 PM
 #60

The question is, has it really failed already?

I am not familiar with the coin/token in the OP as I have not been following new projects lately, and have obviously have not invested as well.
With your question about it's use, I think when you call a project as a failure, it's not useful anymore as it does not have a good value and investors does not believe on the specific project.

Per https://coinmarketcap.com/currencies/synereo/, there's no data yet, probably a new project?

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