Enough of repetitive projects and old ideas

[Japinat]

We really can't put an halt to repetitive projects but they can be avoided by doing research and know exactly what you want, only newbies who aren't ready to learn will fall for repetitive projects, we already have big lists of blockchain projects and know they are getting annoying for real

Exactly, no one can control the market, we are just investors so we can choose which project would succeed if we invest on it.
Repetitive projects won't succeed if they don't have a market, but if the market still has more room to grow, then it should not be a problem as it will still be embrace.

[Docbee]

Many new altcoins will die in the future because there won't be many investors investing money on them and as we know it we have many scammers here who will keep creating useless tokens and coins, if you are a developer and you think you are serious enough then try as hard as possible to come out with something new and different, enough of repetitive projects and same old ideas

Bring in something NEW or don't bother at all

I don't see anything really wrong in repeating ideals in a new project.  Some good and worthy ideas have been abandoned probably because of financial challenges of developing such great idea further. So if another project with the aim continuing the development with some touched of improvement, then it's fine by me.  What I don't like is plagiarism and repeating the same idea without any plan of improving it further from where the idea was picked up.

[Novatech8]

Many new altcoins will die in the future because there won't be many investors investing money on them and as we know it we have many scammers here who will keep creating useless tokens and coins, if you are a developer and you think you are serious enough then try as hard as possible to come out with something new and different, enough of repetitive projects and same old ideas

Bring in something NEW or don't bother at all

I don't see anything really wrong in repeating ideals in a new project.  Some good and worthy ideas have been abandoned probably because of financial challenges of developing such great idea further. So if another project with the aim continuing the development with some touched of improvement, then it's fine by me.  What I don't like is plagiarism and repeating the same idea without any plan of improving it further from where the idea was picked up.

Honestly I can see clearly how dangerous repetitive projects can be, here are just few thoughts of my own

1. Repetitive projects fails easily because they aren't impressive to investors anymore, many investors have a bad story to share about projects with same use case

2. They get the job done faster for scammer, they can just copy all contents and give a different name to the project, this is why I don't like repetitive projects

[dataispower]

The truth about most new crypto projects is that they mostly aim to solve similar problem with similar approach. Some older projects will even be advancing, bringing in new innovations while most newer projects claim to revamp on Whitepaper but as project progresses we find out nothing new is added. However, few new projects really ameliorate the drawbacks of already existing projects and bring in entirely new innovations.

[minatour]

The problem is most developers are now after their pocket, all they want is to make money not that they really possess the potential of coming up with new ideas that can help improve cryptocurrency community.

[KrisAlex18]

The truth about most new crypto projects is that they mostly aim to solve similar problem with similar approach. Some older projects will even be advancing, bringing in new innovations while most newer projects claim to revamp on Whitepaper but as project progresses we find out nothing new is added. However, few new projects really ameliorate the drawbacks of already existing projects and bring in entirely new innovations.

Exactly the point. New projects are somehow trying to innovate the old ideas that another project have been trying to do but with a different approach adding up some spice on which they add up some genetic idea on how the execution to resolve the problem must be done but turns out to be the same thing and the added idea was not used because the general idea still is credited on the first project who have presented the idea.

New projects nowadays tends to innovate old ideas which is like recycling the thought and just having mixed up with new ideas of them but the aim is still focusing on the same thing. Yes, that was indeed impressive to come up into an improvement of the idea but targeting the same problem attacking it on the same strategy seems to become generic on the approach of new projects. If they really want to come up into a better idea, just make the first project a preference but do start from scratch and attack with a different approach because doing the same thing that the older project did seems to be a copyright to them and you just inserted your idea which can turn out to end on the same manner.

[semobo]

Developers ran out of ideas so they are creating different strategies in raising funds like IEOs and recently DeFi got more hype and lot of developer creating their own defi projects but I guess they also will ran out of investors in very short time.But now the bull market is just striking the crypto community so whatever the project about it will raise funds for sure due to new investors don't research much amount what they are investing.

[jerrison]

Many new altcoins will die in the future because there won't be many investors investing money on them and as we know it we have many scammers here who will keep creating useless tokens and coins, if you are a developer and you think you are serious enough then try as hard as possible to come out with something new and different, enough of repetitive projects and same old ideas

Bring in something NEW or don't bother at all

I think this is strongly the major cause for which people have little or no investors committing their investments into projects. Unlike the days of Scalability and security on the blockchain, where alternative blockchains had to stand in the gap, today we have loads of projects that are solving no real use case as a challenge. let there be new innovations that will attract investors and solve a real life problem.

[amonymous]

No project will definitely give you a review and whole they will give you is a journey which they want to do. However, this journey may end at any time and may not happen again, so you should know from your own research which project has the power to implement. Increase your knowledge before investing so that you can catch projects that are realistic.

[JahriMeayer]

I saw a lot of new projects but did not show its development even the price was far below from the initial price. possibly most of them get launch due to want investor funds. there are some Defi project for example Oikos, Jarvis, dia data who has made enough hyip in crypto market

[princecharles]

There's a saying that "there's nothing new under the sun" every great accomplishments is a continuation of something lesser. I'm certain that the inventors of every modern artifice required some assistance from history and utilized what was gotten in the accomplishments we celebrate. We need to get outgrow the same way of getting things done and think differently, especially when it comes to project planning and execution.

[TopTort777]

Few years ago I saw an article and its idea was that everything is already invented and created, and nowadays we are just improving everything. So the statement "Enough of repetitive projects and old ideas" has no sense. Also, "repetitive projects" is not that bad. Repeated means there is another one like your, means you need to improve to be the best among you two.

[kaseygriffin]

Many new altcoins will die in the future because there won't be many investors investing money on them and as we know it we have many scammers here who will keep creating useless tokens and coins, if you are a developer and you think you are serious enough then try as hard as possible to come out with something new and different, enough of repetitive projects and same old ideas
Bring in something NEW or don't bother at all

I saw a lot of new projects but did not show its development even the price was far below from the initial price. possibly most of them get launch due to want investor funds. there are some Defi project for example Oikos, Jarvis, dia data who has made enough hyip in crypto market

Because they create new projects to make money, they just copy it from the old projects and then list it in the exchanges. They would then sell it all and cause the price to crash hundreds of times. There are very few quality projects, and the projects you list are the best at the moment.

[ned.ryerson]

Few years ago I saw an article and its idea was that everything is already invented and created, and nowadays we are just improving everything. So the statement "Enough of repetitive projects and old ideas" has no sense. Also, "repetitive projects" is not that bad. Repeated means there is another one like your, means you need to improve to be the best among you two.

many projects came up with an idea but they faced technical difficulties that they cannot solve. more often it is easier for new projects to fix the mistakes of old projects and become more flexible

[tuchenvi]

i think as for now a lot of cool and promising defi projects with good concepts are lauching, so just reccommend you to research more. personally i try to choose good dex projects with credible business model and founders and invest

smth like that in my situation. i think investing in dex project will be successful in long-term strategy. and also I try to find some dex-es with opportunities for liquidity providers

[Drahzar]

i think as for now a lot of cool and promising defi projects with good concepts are lauching, so just reccommend you to research more. personally i try to choose good dex projects with credible business model and founders and invest

smth like that in my situation. i think investing in dex project will be successful in long-term strategy. and also I try to find some dex-es with opportunities for liquidity providers

oh so u might be interesting in new stablecoin dex - xsigma, just announced and they have cool team even from Ripple and Amazon

[jahepahit]

The major issue is that almost all the project already launched has covered all the problems of this world if they would attain their goals. Because of inactivity of so many old projects, that's why new ones keep coming with old ideas. Unfortunately that's how it will keep going. The only way it could stop is if there is a mandate for every project to achieve their goals at a given timeline and sanction anyone who dosent meet up.

[Twinkledoe]

The major issue is that almost all the project already launched has covered all the problems of this world if they would attain their goals. Because of inactivity of so many old projects, that's why new ones keep coming with old ideas. Unfortunately that's how it will keep going. The only way it could stop is if there is a mandate for every project to achieve their goals at a given timeline and sanction anyone who dosent meet up.

That's very hard thing to do as the realization of every project depends on the capability of the team handling it. And if the main intention of the team is to screw people, I don't think they will ever attain their goals. And who will sanction them if in case they will not meet their timelines? No one. That's the reason why every project can do whatever they please and move according to their own timelines.

[Zeehaxan]

Many new altcoins will die in the future because there won't be many investors investing money on them and as we know it we have many scammers here who will keep creating useless tokens and coins, if you are a developer and you think you are serious enough then try as hard as possible to come out with something new and different, enough of repetitive projects and same old ideas

Bring in something NEW or don't bother at all

I think now the trend has changed a bit and mostly we are seeing projects either in payments sector or the defi based projects and i think this trend will continue duting next year as well till the market develops complete defi and banking solutions.

[maximumcoin]

Many new altcoins will die in the future because there won't be many investors investing money on them and as we know it we have many scammers here who will keep creating useless tokens and coins, if you are a developer and you think you are serious enough then try as hard as possible to come out with something new and different, enough of repetitive projects and same old ideas

Bring in something NEW or don't bother at all

Old ideas is not completely bad if there is no one did well yet. So, the most important thing here is no matter old or new ideas, but how they do it. Like Defi, there are many projects and companies are focusing on and build it, that is completely natural because Defi is the current trend and next trend in at least 2 years. Finally, the market itself will reject which bad projects.