wildflower18
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November 17, 2020, 03:03:59 PM |
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There are many crypto projects in this industry and what we noticed is most of them failed because of lack of interest from the investors. Did not reach the soft cap when they started the project that ended up failed. It is very important before we invest is to always check the team capacity to handle the project.
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copoyes
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November 17, 2020, 04:36:03 PM |
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Usually if the softcap doesn't go through or the lack of investors, most of the project team immediately leaves the project without notification or creates a new one with a new team, and if we've ever participated in that project, we can't help but leave it too, it's already a risk of meeting something like that
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jajorforce
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November 17, 2020, 07:27:55 PM |
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those who have a large budget but leave the project of course it's a scam, because if they really intend to work, of course all the funds will be used as well as possible for development
If any projects have a large budget, why do they leave their project? Scammer doesn't do that, scammer are here to funds rise not leave their projects. None of these leave their projects without only scam projects. As more scammers are waiting for the bullrun situation.
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restuibu
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November 17, 2020, 10:26:23 PM |
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if talking about this I am reminded of one of the projects, maybe I don't need to mention his name ... at that time they said if the softcap had been reached but when the token had started trading and the project had begun to develop, on the way they said if they were short of funds because some of the developments didn't fit the budget and now all are very expensive, forcing the team to abandon the project
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Daras
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November 20, 2020, 01:00:08 PM |
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This can be as a result of policy change that may not be favourable for the continuity to the cryptocurrency project .Another reason why some of the project are terminated prematurely is because some of the projects are scam and once they are able to get investment from people the next thing is to prematurely terminate the project.
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kpierce77
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Activity: 1540
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November 20, 2020, 01:16:41 PM |
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This can be as a result of policy change that may not be favourable for the continuity to the cryptocurrency project .Another reason why some of the project are terminated prematurely is because some of the projects are scam and once they are able to get investment from people the next thing is to prematurely terminate the project.
Scam is not a reason to stop, if from the start they want to do a scam maybe they will exit earlier so they can cover their tracks. Most projects don't know what to do next, because they don't offer technology or solutions. and lastly, due to lack of funds, it has become an almost frequent problem
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Mighty_crypt
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November 20, 2020, 01:20:08 PM |
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1. Adoption rate is low meaning the use case isn't useful 2. Too many inexperienced team members 3. Lack of funds 4. Intentionally built to exit scam from the beginning 5. They team decide to give up due to lack of better features
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bayu7adi
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November 20, 2020, 01:28:27 PM |
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Scam is not a reason to stop, if from the start they want to do a scam maybe they will exit earlier so they can cover their tracks. Most projects don't know what to do next, because they don't offer technology or solutions. and lastly, due to lack of funds, it has become an almost frequent problem
Scammers always have a way to make their victims happy before they leave. They do this process because this is their real plan, by running the project half way and then they leave it for some reason, even though they only need money and don't care about investors. If the fraudulent process is just looking for money and then running away, they will never get additional money again like when registered on an exchange or when they get new investors when the project progress updates. I prefer projects that have been running before, and then they need more money to expand their power by means of an ICO or IEO, this is less risky because market research has been carried out, the next step is to win market competition.
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navalkk
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November 30, 2020, 04:44:09 PM |
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I think crypto currency projects are halted most times due to lack of funds to start up, or perhaps after a failed Crowdfunding attempt that leaves the team with no funds to continue product development.
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huiji2011
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December 01, 2020, 05:49:06 PM |
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Most of the abandoned projects are scam, so it is normal to stop when there is no money to be made, and then created a new one, continue to cheat. It cannot be denied that some of them are really wannt do something at first, but unfortunately, maybe due to lack of fund, no time,or no longer interested, so they give up their project.
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Slingshot
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December 01, 2020, 07:03:32 PM |
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There are several reasons project owners folds without accomplishing their aim of posting. It's either they couldn't get investors to help to buy off their tokens during token sales or they do not have good communication skills. Some do have issues at the long run and decides to end the project and some out of scammy intentions they can end quickly once they don't see green light.
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Chainsmokers
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December 01, 2020, 07:10:54 PM |
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many factors some projects stop their project because the funds during the sales period get a little so that the team cannot run the roadmap that has been there other than that, there are few enthusiasts when they enter the exchanger Usually it happens because the team makes a lot of false promises to investors so the project's reputation fell and will die slowly
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sort_cirkit
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December 01, 2020, 07:53:32 PM |
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The project fails to show the temptation to try to embezzle money. Problems can arise due to inability to complete marketing materials properly. Team members are seen to be negligent or lose credibility. It is often observed that according to the road map, the project fails and the adaptation to the unfavorable environment continues. There are also other problems such as projects failing, shutting down or reducing market reputation, putting projects at risk.
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Tallylat
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December 01, 2020, 08:00:51 PM |
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there are a number of factors responsible for this but they all bother down on the team behind the project. Many projects were aborted due to poor planning by the dev team, for example some dev teams didn't give appropriate consideration to the financial requirement of executing a project, so they are most likely to run out of funds to continue developing the project.
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minatour
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December 01, 2020, 08:43:40 PM |
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So many reasons for developers to stop, some stop due to no capital to continue, some stop due to lack of good investors, some stop due to failed plan or usecase seems not working etc.
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milewilda
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December 01, 2020, 08:57:10 PM |
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many factors some projects stop their project because the funds during the sales period get a little so that the team cannot run the roadmap that has been there other than that, there are few enthusiasts when they enter the exchanger Usually it happens because the team makes a lot of false promises to investors so the project's reputation fell and will die slowly
Majority of them does have that unrealistic goals thats why investors would be seeing it for them not to worthy to support nor fund such project.It all matters with the projects whitepaper and roadmap and everyone can see if its attainable or plausible to be reached for such goal or just simply can be attained through dreams. LOL! Gone are the days where people do make common mistake on funding out random projects just for the hope for making themselves rich and now that investors do become even more wiser as years passed then expect that they would really be keen on selecting projects to invest on and this is why project owners do really need to work to convince out the masses to support the proposed project and of course i do talk to those legit projects which are having those legit plan not to those scammy and fraud ones.
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Smitty Werben Man Jensen
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COMBONetwork
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December 01, 2020, 09:34:08 PM |
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So many reasons for developers to stop, some stop due to no capital to continue, some stop due to lack of good investors, some stop due to failed plan or usecase seems not working etc.
There are too many crypto projects that are listed, if you look at coinmarketcap now it has reached 7800 cryptocurrencies, and there are still no listed cryptocurrencies, how come there aren't many altcoin projects that die, because there is no demand in the market!
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bandungan
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December 02, 2020, 06:25:02 AM |
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many factors some projects stop their project because the funds during the sales period get a little so that the team cannot run the roadmap that has been there other than that, there are few enthusiasts when they enter the exchanger Usually it happens because the team makes a lot of false promises to investors so the project's reputation fell and will die slowly
Money matters are foremost for projects, they earn very little money and may not be the expected targets. so I think this is a problem why many projects stop
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fileo
Member
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Merit: 10
Rangers Protocol
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December 02, 2020, 06:46:44 AM |
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If they failed?
Any reason to continue the project? Well, if the project not collecting some money from the Crowdfunding was alright. But sometimes feel sad when they already collecting money and abandoned the project, when investor got shit token and they got the money.
In that the case, the team behind the project are concern more to get the money from investors than to pursue the project itself. Somehow, money is the destroyer of good and unique project. Why? Because the people behind did not afford to resist the temptation to collect the funds. Very necessary that the team must not a money maker but a visionary itself while creating money for everybody.
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viananda2525
Full Member
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Activity: 1104
Merit: 133
Axioma Holding - Axioma Pay Crypto Card
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December 02, 2020, 06:58:22 AM |
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many factors some projects stop their project because the funds during the sales period get a little so that the team cannot run the roadmap that has been there other than that, there are few enthusiasts when they enter the exchanger Usually it happens because the team makes a lot of false promises to investors so the project's reputation fell and will die slowly
Money matters are foremost for projects, they earn very little money and may not be the expected targets. so I think this is a problem why many projects stop building project should not about money, developers team must build trust first so investors will interested with their project. good project will developt pre-developtment stage for long time to attract investors and make them understand about project background. if investors trust and comfort with it, i am sure they will support it.
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