New projects and their unreal excuses

[FireBallex]

It's definitely a fake excuse but what will be their gain if they failed to launch project? Maybe they've already raised fund through IEO launchpad? That's the only reason for them to use this pandemic as excuse and maybe never come back

[1714661676]

1714661676

[ahmia39]

It's definitely a fake excuse but what will be their gain if they failed to launch project? Maybe they've already raised fund through IEO launchpad? That's the only reason for them to use this pandemic as excuse and maybe never come back

If the project team uses this pandemic reason for not paying, then they already have the intention from the beginning not to pay, and talk maybe, it could happen but it could also not happen so the team chose to remain silent.

[thesmallgod]

In as much I do not believe in investing in many of the new projects, I strongly think your assertion is wrong. Many investors take money from what they earn from paid employment to invest in crypto project and since the pandemic has started alot of people have been receiving pay cut while some labour force are even sacked meaning individual won't be able to earn the way they do before as such affect their involvement in participating in crypto investment project

[josgandosbro]

for this reason many investors have now stopped investing in new projects. maybe only projects that do IEO on the top exchange can still be trusted. Pandemic made scammers out easily

[Jancuki]

Maybe new project makers think that because of the impact of this pandemic most investors prefer to secure their funds to be backed up, it will automatically become an obstacle in raising funds (ICO / IEO). So they prefer to postpone their project than if it is forced it will result in the sale of tokens will be reduced as a result of the reasons above.

[aioc]

It's 90% untrue story when new projects failed to launch their project because of COV19 pandemic because every thing about crypto is digital, you can continue development digitally even if the team are in their separate homes, I can still cut some slacks with projects from Italy and France, they are the hot zones of Cov-19 pandemic but what about others??? We have Zoom app thats very good for team to come together and make a plan because of social distancing,. What am I missing guys Am I right or wrong?

This is such a bad excuse, although there are projects who are already doing that one of them is The Geomadao, although they have a good excuse and already distributed the token, and they are not yet holding an IEO, but they need to strike while the iron is hot, if the project is good people will be interested to invest and push the project.

[Furryball]

I'm thinking that projects that used this pandemic to make excuses are already through with their IEO on exchanges, go back and checked if this is true because it seems their aims was the money they raised from the IEO all along

[JeotQ]

Only projects that have bad intention from the start will use this pandemic as an excuse, it doesn't make any sense, some projects are even so cruel that they don't keep their social media channels opened

[Lordhermes]

You may be right but u can't say you totally wrong, during this pandemic period, I saw many projects on altcoin bounties section requesting for promotion, can that be said they exhibit unreal excuses?  Some might be real and scam but DYOR can save you, at the same time, some intelligent teams need physical meet-up for better clarifications on projects while COVID19 hits them apart.

[Vishnu.Reang]

Many fake projects are using this pandemic as their excuse, because of it, they now have an easy way out to leave their project especially those who are in the development stage. You are right, they are just making an excuse as their escape plan.

At this point, how can we verify whether they are saying the truth or not? We can't deny the fact that the businesses are facing a lot of issues as a result of the pandemic. As of now, there is no way to independently verify their claims. The only thing to do right now is to wait patiently, and hope that they will resume the development work once the pandemic gets contained.

[pilosopotasyo]

Many fake projects are using this pandemic as their excuse, because of it, they now have an easy way out to leave their project especially those who are in the development stage. You are right, they are just making an excuse as their escape plan.

The fact is they are holding a crowdfunding in the middle of the pandemic and yet this is their excuse for an escape plan, it's really a bad idea to support projects in this pandemic, because they have an excuse to go vacation because they have investors money already, and we are left hoping that they will continue the project.

[Phoenix_PROG]

To limit the chances of getting the virus they have to distance themselves and to continue working they have to work from home, I'm positive that this is what other active teams are doing presently but saying that they can't continue work because of the pandemic is red flag

[oscarftw]

Many fake projects are using this pandemic as their excuse, because of it, they now have an easy way out to leave their project especially those who are in the development stage. You are right, they are just making an excuse as their escape plan.

Average projects are taking this advantage as excuses in this pandemic. Without top exchange, every project has a fear of gaining success. So some new projects are planning to postpone their IEO until the finish effect of covid-19. Good projects don't care about the situation. For me, I think this is the perfect time to develop the main product.

[ije07]

according to my observations, since the advent of COVID-19 has had both positive and negative impacts on the crypto industry. especially positive is related to the adoption of crypto, people are starting to be interested and participate in taking part in crypto, online work is needed now. the negative thing, maybe it's like it's hard to raise project funds and people are experiencing an economic crisis.

[Heart18]

So true...everything is much easier working here in cryptoworld digitally. But still, there's a lot of failed projects that left the workers so disappointed. We cannot really avoid that here, or anywhere. Some excuses were unjustifiable, but we must also try to understand that this Pandemic affects all sectors and industries globally. So, whatever their reason behind their failed campaigns, we just leave it from them with respect. After all, there's still a lot of bounty projects which is more active, promising and great to work with.

[kindbtc]

It's 90% untrue story when new projects failed to launch their project because of COV19 pandemic because every thing about crypto is digital, you can continue development digitally even if the team are in their separate homes, I can still cut some slacks with projects from Italy and France, they are the hot zones of Cov-19 pandemic but what about others??? We have Zoom app thats very good for team to come together and make a plan because of social distancing,. What am I missing guys Am I right or wrong?

Personally whenever i get to hear some lame excuses from a new project team i really get very discouraged and i start taking that project as scam as it is a red flag to me and most such projects do prove it with time but some of them revive and do well too but in my experience we cannot simply ignore these little things as an investor.

[AmoreJaz]

It's 90% untrue story when new projects failed to launch their project because of COV19 pandemic because every thing about crypto is digital, you can continue development digitally even if the team are in their separate homes, I can still cut some slacks with projects from Italy and France, they are the hot zones of Cov-19 pandemic but what about others??? We have Zoom app thats very good for team to come together and make a plan because of social distancing,. What am I missing guys Am I right or wrong?

Personally whenever i get to hear some lame excuses from a new project team i really get very discouraged and i start taking that project as scam as it is a red flag to me and most such projects do prove it with time but some of them revive and do well too but in my experience we cannot simply ignore these little things as an investor.

most of them will find any type of excuse just to delay and delay the developments of their project...
 and with this covid pandemic, this is a perfect excuse that they are waiting for. but smart people know better. most blockchain projects dont need physical meetups among developers. thats the benefit of having all kinds of social media channels and all the other sophisticated communication apps out there. if they are serious on their project, they will work on it. but if not, you will see it crystal clear. and when you see one, run away as far as possible. dont look back because that one is not worth your time and resources

[Oilacris]

It's 90% untrue story when new projects failed to launch their project because of COV19 pandemic because every thing about crypto is digital, you can continue development digitally even if the team are in their separate homes, I can still cut some slacks with projects from Italy and France, they are the hot zones of Cov-19 pandemic but what about others??? We have Zoom app thats very good for team to come together and make a plan because of social distancing,. What am I missing guys Am I right or wrong?

Everything can be done via online even if social distancing would be strictly implemented for team members not able to meet up personally then with the current technology we do had.

They can still accomplish things up via messaging app or other tools online. Everything is available when it comes to communication aspect thats why theres no reason for a team behind

in a particular project would have that kind of alibi due to covid 19 because they can still possible resume out the development in this kind of situation.

[Guryon_master]

It's 90% untrue story when new projects failed to launch their project because of COV19 pandemic because every thing about crypto is digital, you can continue development digitally even if the team are in their separate homes, I can still cut some slacks with projects from Italy and France, they are the hot zones of Cov-19 pandemic but what about others??? We have Zoom app thats very good for team to come together and make a plan because of social distancing,. What am I missing guys Am I right or wrong?

Exactly! covid-19 has become the scapegoat of others here in crypto space. They use it as an excuse exposing themselves as incompetent team and nothing but a confirmed scammers.

[coupable]

It's 90% untrue story when new projects failed to launch their project because of COV19 pandemic because every thing about crypto is digital, you can continue development digitally even if the team are in their separate homes, I can still cut some slacks with projects from Italy and France, they are the hot zones of Cov-19 pandemic but what about others??? We have Zoom app thats very good for team to come together and make a plan because of social distancing,. What am I missing guys Am I right or wrong?

Exactly! covid-19 has become the scapegoat of others here in crypto space. They use it as an excuse exposing themselves as incompetent team and nothing but a confirmed scammers.

Scammers would alwayd find a way to take advantages from the globl crisis. We faced this many times before.