Why do some people stop their crypto project?

[angrynerd88]

Cryptoworld is getting expansive, impacts and association is starting to play on the victory of most ventures. It'll be troublesome in this unused period of crypto startup to know nobody and think you'll be able make a progress. Looking for speculators, cleaning your extend thought, collaborating and trade posting are generally due to impacts. Mainly of the new projects are supported and backed by existing ventures, you'll do your investigate on that, which may play a portion for a whereas on fruitful new businesses.

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[pealr12]

improper planning, lack of funds or some unforeseen circumstances and sometimes greed of the project owners, some people may start a project but fail to put into consideration all the possibilities that could hinder the growth of the project, while some people are just too greedy and never have the intention to further develop the project, they only launch the project to set a trap for investors.

[hinorizk]

Many crypto projects today have to work with normal business to succeed and ain't like the old solo way. This leading to crypto being affected by the flow of business as well. For example, like this project, YOUC have to halt their progress.

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Due to the pandemic situation in the world, and the still existing and extended lock-downs, many of our customers and shops are affected by the closure. Therefore, it would not make sense to publish it at the given time, as parts of the app cannot be used by most businesses and users at the moment. Stay tuned for updates!

[best123]

There are several factors that can be responsible for such. Internal crisis, such as greed within the team on profit sharing or lack of fund to continue the project. Some projects need fund from the onset to make it a reality. When they do not have such,  there is nothing they can do than to quit.

[harapan]

those who do it because they are not able to compete in the market and it could also be because they run out of funds for development, but sometimes projects do something like that is only temporary (there is conflict within the team)

[simpelplan]

there are all kinds of reasons about it especially none other than the SCAMS BOUNTY. Lots of projects from the past have failed, as a result of unregulated industries. Investors have no protection and criminals can easily get away with the money. Every day many fake projects appear and it is difficult to evaluate whether they are real or not.

[kaya11]

there are all kinds of reasons about it especially none other than the SCAMS BOUNTY. Lots of projects from the past have failed, as a result of unregulated industries. Investors have no protection and criminals can easily get away with the money. Every day many fake projects appear and it is difficult to evaluate whether they are real or not.

Guess it's the reason that until now and then investments from new people are rarely much seen. I was hoping that different scenarios will take place and all the scam projects will be gone. But for some reason I still see s me projects failing to meet the demands of the people. Surely there will be a time when all we will be taken care of.

[mace15]

those who do it because they are not able to compete in the market and it could also be because they run out of funds for development, but sometimes projects do something like that is only temporary (there is conflict within the team)

So many reasons why people stop their project. Lack of uniqueness that makes people to invest in their project,  out of funds, cannot compete with other project and others. Also investors these days are wise enough not to invest without real product they offer.

[coinsolidation.org]

Hi,

In my experience when starting a cryptocurrency project, you have the following points to consider.

1.- Economic budget to solve a project that may take between one or two years to develop (financial planning)
2.- Experience in the technological proposal that is offered. (selected team 100% committed)
3.- Have a clear roadmap of where you want to go and which focus users will be offered.
4.- Be honest, ethical and aware of economic and business risks.
5.- Present results in order to measure progress. (something what can be measured, can be evaluated).
6.- Give confidence and absolute communication to the investor and user (Trust in these projects is the most important thing), again giving results according to your proposed roadmap.
7.- If there is any change in the roadmap that is to improve, not to limit or cut any characteristic of the original project.
8.- The proposal should not only focus on economics, have a global focus, a global benefit to the world population. (We are born to share knowledge, this is by nature).
9.- ICOs must be measurable and controlled in their assets, know where and so that they will be clearly used and audited by an external entity.
10.- When someone creates something unique with passion, dedication and continuously gives results, the success rate grows.
11.- This last point helps, but it is not necessarily fulfilled (Having a person or people recognized in the community in the cryptocurrency area on the team) give you a background of trust and achievement of proposed goals.

Finally, all of the above does not give 100% security of success in a Cryto project, however it gives you and brings you closer to having it.

All of the above is whether the project proposal is serious and trustworthy. If it does not meet the minimum aforementioned, it may just be a scam.

Regards,

[PlanetZebes]

Could be two reasons. They were a scam, or the support, volume, etc made it a dead coin.

[ahoenk]

Some crypto projecr maybe stopped because they does not really have good concept or the concept doe not accepted by our community. Also there are project running out of money because they did not get enough ICO does not succeed.
For example :
They need $10million and when they did an ICO they only get $6million but they still try to run yhe development.

[Istiaque]

The reason for shutting down the crypto project is that they need no experience with crypto and are shutting down the crypto project at a loss. ICO projects haven't any reliability they're not giving any reward reciprocally for his or her work and albeit they are doing give cryptocurrency project is little. there's no value within the market thanks to which many traders are losing this stuff and leaving these projects. i feel that if you spend money by analyzing the market well cryptocurrency project are going to be possible to scale back your losses and find opportunities to form money.

[rahmatullah9305]

Could be two reasons. They were a scam, or the support, volume, etc made it a dead coin.

If we examine it for concrete reasons, there are actually not only two, but there are several reasons that make the project eventually die, firstly because of a lack of money, secondly they want to deceive a lot of people, third because the team's performance is not in line with existing ideas in road maps, etc.

[Banulit]

In a short while that I have been in cryptocurrency I have seen so many crypto project and fantastic budget and planned you see that some of them still left the project unfinished some even do stop the crypto project without any pre_information about the sudden change of plans concerning the particular project so what do you think about the crypto project that have been suspended half way , what do you think that should be done for this kind of the attitude of crypto developer's concerning crypto project abandoned project.

This is the reality of crypto-world wherein nothing is definite especially for mostly new and developing project. Some of these new project show potential and very promising but because of the community's support they tend to stop and suspend it due to mostly financial difficulties. Another reason is there are new project that is only intended to get some funds from the investors and then will runaway without any notice, these project as scam/fraud projects.

[Question123]

Many developer stop and abandonned their project but most of the project is failed or not potential so it is still useless if they continue their project.

Other reasons why they abandonning their project because they are scammer after they collect the funds they run and never comeback again and the investors lost their capital.

A lot of projects now so be careful of which among them you will trust because there is only two possible to happen is either you lose or you earn money.

[Ayapp]

People don't just abandon what will fetch them money and benefit other people(users, investors) I think people abandon projects because they already believe it will be another failed project. Secondly, they abandon projects because they are scammers, it is what they do.
So we need to be careful when entering or buying into these new projects coming out everyday.

[jeniferqueen0409]

perhaps they are marketing and attracting investors for capital investments that are not successful, lack of funding, paper legal issues go wrong and get stuck, crypto markets are at a disadvantage.

[gwdf1]

Could be two reasons. They were a scam, or the support, volume, etc made it a dead coin.

If we examine it for concrete reasons, there are actually not only two, but there are several reasons that make the project eventually die, firstly because of a lack of money, secondly they want to deceive a lot of people, third because the team's performance is not in line with existing ideas in road maps, etc.

Cryptocurrency startups can have much higher profitability than regular companies. Not all of them "work", but this is normal. In my opinion, if 3 out of 10 projects are sold, this is a good indicator. The main thing is that those that sold out, showed a return on the entire portfolio and returned the entire amount of investment with a profit.

[NextDoor125]

The Crypto market has always been getting this type of news. Behind their suspension is they had failed to inspire investors in creating projects. That project cannot be a trusted merchant in the cryptocurrency trading market. That's why the managers have tried to launch their business by ICO. I'm not blaming ICO but I would love to amend them about their inspirational terms. That's it. On the other hand, the market tend has been changed to Defi and those projects were not ready to go with the Defi platform, therefore, they are literally stopped.

[toast]

two reasons i see first is that they already get what they want which is the investors money, second thing is that it's a failed project and cannot be continued due to lack of investors or the likes.