New projects and their unreal excuses

[saint_casanova]

What am I missing guys Am I right or wrong?

You should look at real life, even after cov19 lockdown, many places simply can't go back to back to business like the used to. Cryptocurrency or digital business is the same, some might did better than before but not are all of them.

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[Vishnu.Reang]

real projects will continue to grow even though we are in a pandemic, for the scammers project will have an illogical reason and make covid as an excuse, it is done to escape and bring in investor money

If they are giving proper updates and keeping the investor money safe, then I won't complain much. A lot of the work can be done online, but we can't ignore the fact that everyone is going through hard times. Even while working online, the work can get affected by the pandemic. The developers may not be able to work, either due to infection or due to containment measures. Then they may face difficulties in getting the necessary licenses and permits.

[olamidey]

I have seen this excuse over and over again by bands of unserious people who call themselves project team. Covid 19 has in no way affects cryptocurrency both positively and negatively.

I don't see any reason why. First the concept of cryptocurrency is to go digital which means virtual transactions so cryptocurrency has been prepared for Covid 19 since 2009.

Projects with physical products also don't have excuse not to launch because there are means to transact virtually. Any project using Covid 19 would still fail with or without the pandemic. They are mostly scam projects who have seen open opportunity to justify their scam.

[chikading2016]

There are so many project today that is new and in the long run they become a scam projects, that is why we need to make a research first with regards to the team for us to avoid the problem, some of the scam project are always making an excuses until they all gone and get the investors money.

[konflikkastil]

I'm still surprised at the way some projects will just come up with a make up story about themselves, given people false hope and believe that they are good project with lot of prospects. At the same time, one shouldn't be that surprise because most of the so called new projects are run by scammers with want to scam bounty hunters of their hard earned coin. I have decided to pay less attention to any untrue story about any coin. I do my research very well about any coin. And have been doing a great job in that area.

[crustycrab666]

Many projects scammed with this excuse but never cared to refund investors. I would say it was purpose and it's from scammers. I don't think how listing on exchange shouldn't be executed by someone that's living. There's different between business and outbreak of course I understand once someone's person is affected the person would be troumaticed but we all have CMO , advisors to carry on etc. Any project that used it as excuse is probably a scam.

Projects that make it as an excuse to stop the development of the project, postpone the listing, and so on under the pretext of a pandemic, I think is a project that is not confidential and does not have a strong strategy. Really serious projects should not choose to give up and leave, but look for the right solutions and strategies to attract stronger market interest. Even if they choose to stop, at least there is an option to return investors' funds, in fact it is very rare. Most run away and disappear, irresponsible.

[Viscore]

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?

Not because the pandemic causes a lot of new projects to be failed but it doesn't mean that COVID-19 has no market effects in their developmental phase because it could still affect ( for those legit only).

I'm not saying you were wrong but I don't agree that 90% ( it could be 95%) is an untrue story about pandemic issues. Most of them face such failure because they are shit and scamming projects, even before and even without COVID-19, it still looks like this. They made just their excuses to fool people and put all the blame because of the pandemic but in reality,

[pikkie]

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?

Not because the pandemic causes a lot of new projects to be failed but it doesn't mean that COVID-19 has no market effects in their developmental phase because it could still affect ( for those legit only).

I'm not saying you were wrong but I don't agree that 90% ( it could be 95%) is an untrue story about pandemic issues. Most of them face such failure because they are shit and scamming projects, even before and even without COVID-19, it still looks like this. They made just their excuses to fool people and put all the blame because of the pandemic but in reality,

I think the pandemic can be one of the factors also because from the beginning there have been many projects that have failed and after that it was added to the pandemic spreading of the corona virus which ultimately made the economy more devastated and difficult to survive many people who died from various countries.

[qigong13]

real projects will continue to grow even though we are in a pandemic, for the scammers project will have an illogical reason and make covid as an excuse, it is done to escape and bring in investor money

If they are giving proper updates and keeping the investor money safe, then I won't complain much. A lot of the work can be done online, but we can't ignore the fact that everyone is going through hard times. Even while working online, the work can get affected by the pandemic. The developers may not be able to work, either due to infection or due to containment measures. Then they may face difficulties in getting the necessary licenses and permits.

It is also hard to get daily necessary since in someplace lockdown also has limited time to get food or order it. Most people like OP didn't like under lockdown when the pandemic going rampant and lack of understanding for other people's hardship.

[BitcoinTurk]

Especially after the ICO madness, we have seen that many projects have failed and some of them have made excuses by making excuses. Today, it is a bit of a crime for us investors that all events can continue in this way, because it is clear that new projects will enter our lives as long as these projects are financed. While the reason for many projects not being implemented before was bad market conditions, the fact that the pandemic process we are in today is being used as an excuse is not really valid reasons. It is certain that projects that usually hide behind such excuses will not be successful anyway, but these project teams still want to try their luck during the fundraising process. We should not forget that it does not matter consciously or unconsciously, as long as many investors provide financing for new projects, the projects that will end with such results will not end.

[gikere]

With the second wave looming as people don't take social distancing and lockdown seriously, do you think the same excuse will resurface? No, these unreal excuses as you said are very much real and if it was hard for them to keep in contact or meeting to work on projects, they have every right to said so.

[uneng]

At the same time, one shouldn't be that surprise because most of the so called new projects are run by scammers with want to scam bounty hunters of their hard earned coin. I have decided to pay less attention to any untrue story about any coin. I do my research very well about any coin. And have been doing a great job in that area.

That is true. Just look what these developers have to lose... Nothing! They don't put any money from their pockets on these projects to pay promoters. They are just paying worthless tokens created from thin air.
Meanwhile bounty hunters are losing time promoting projects that can be aborted at any time justified by any shameless excuse. But I can't blame solely developers. If these scams are still running it's because there are still bounty hunter applying to join them... If there weren't anyone, projects would have to raise their standards and pay at least minimum decent rates to their promoters. And having to pay something worthful, scammers would think twice before launching their coins.

[ATSgrowth]

If they excuse about covide-19 situtation, be careful probably they are getting time to exit scam. I saw it many times, team starts make excuses for the crisis, but I didn´t see any ICO that has real physical entrepreneurship. 

[witbla]

I wouldn't say that we can be talking about all altcoins at once. From my point of view, much depends on the concrete platform/token and its particular prospects. And it is important to differentiate. Because again, only own and concrete analysis allows to get an objective overview

[hwteeer]

I wouldn't say that we can be talking about all altcoins at once. From my point of view, much depends on the concrete platform/token and its particular prospects. And it is important to differentiate. Because again, only own and concrete analysis allows to get an objective overview

I have similar views here. And talking about you, are there many promising tokens and platforms you are now following and can recommend? I only have 2 or 3 most advanced ones I am aware of, so always interesting to get a real recommendation

[witbla]

I have similar views here. And talking about you, are there many promising tokens and platforms you are now following and can recommend? I only have 2 or 3 most advanced ones I am aware of, so always interesting to get a real recommendation

The one I can definitely recommend you to have a look at is Clintex io. This is entirely new standards on the field with really saturated roadmap

[hwteeer]

The one I can definitely recommend you to have a look at is Clintex io. This is entirely new standards on the field with really saturated roadmap

Exciting, but can you please share more details on the solution, please?

[witbla]

Exciting, but can you please share more details on the solution, please?

ClinTex are a solution provider to the pharmaceutical industry, and the team behind CTi – Clinical Trials Intelligence: a new type of software platform aimed at transforming the medicine development industry through the application of predictive analytics, machine learning, and the novel use of blockchain technology and smart contracts in clinical trials. And you should have a look at their website - clintex. io, Google

[7788bitcoin]

Meanwhile bounty hunters are losing time promoting projects that can be aborted at any time justified by any shameless excuse. But I can't blame solely developers. If these scams are still running it's because there are still bounty hunter applying to join them... If there weren't anyone, projects would have to raise their standards and pay at least minimum decent rates to their promoters. And having to pay something worthful, scammers would think twice before launching their coins.

Who cares about giving out worthless tokens, what scammers are doing is to promote the project and you get plenty of people doing that and they are only looking to raise more money and then start again with a new name, this is the kind of scam we used to see from the start and people who join the projects without any background verification will suffer. To start a project the amount of money anyone need to spend is minimal and all you need is an attractive website, so expect scammers to come up with innovative ways.

[uneng]

Meanwhile bounty hunters are losing time promoting projects that can be aborted at any time justified by any shameless excuse. But I can't blame solely developers. If these scams are still running it's because there are still bounty hunter applying to join them... If there weren't anyone, projects would have to raise their standards and pay at least minimum decent rates to their promoters. And having to pay something worthful, scammers would think twice before launching their coins.

Who cares about giving out worthless tokens, what scammers are doing is to promote the project and you get plenty of people doing that and they are only looking to raise more money and then start again with a new name, this is the kind of scam we used to see from the start and people who join the projects without any background verification will suffer. To start a project the amount of money anyone need to spend is minimal and all you need is an attractive website, so expect scammers to come up with innovative ways.

Exactly, it's too easy for scammers. Their only *loss* are these worthless tokens.
But I mean if bounty hunters claimed to be paid in decent crypto currencies, developers would have to make a larger initial investment to run their projects, what would make many scammers give up using icos to earn money and deceive people, as they would have to really invest resources from their pockets into the project. However, as you said and I agree, scammers always come up with innovative ways... But it can't be an excuse for people on the other side stop fighting them back!