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Author Topic: Whats your thought about New projects?  (Read 55172 times)
cytpoway121
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December 06, 2020, 08:29:24 PM
 #321

I think we need to support new projects independently; either it is a copy cat project; or an update on existing projects; you have to give these project an opportunity to showcase their product and what they are up too; instead of witch hunting and fudding every where. Projects should be judged on the present; not what some other developers did in the past. In a nutshell; i say support new projects; if you find them unsafe, unworthy or fraudulent; call them out and take off your investment (if any).
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December 06, 2020, 08:52:30 PM
 #322

Im going to be very quick on this. I think there should be some standard that will be in place before any project can comes up. Yes, I encourage new projects, but what is the reason behind it. Some projects will just waste the precious time of bounty hunters. They will be up for some time and disappear into the tin air. That's one of my major concerns with the so called new projects. But I believe there are still few good ones. Project like OIKOS, BLUZELLE. And some that I can be mentioning. They should be encouraged with the options of coming with the best plan and strategies.

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December 07, 2020, 08:22:00 AM
 #323

I have similar inclination on new projects however it is all on the grounds that a large portion of them will in the long run come up short since they are only here for the cash and not generally genuine in contribution something new or inventive, many are simply duplicate felines of what we as of now have, and I am certain the individuals behind them are only here to make themselves rich as quickly as time permits so when issues come in they promptly cover up in the mountain and subsequently left the projects dead on itself.

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ARTCOINSLV
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December 08, 2020, 04:49:16 PM
 #324

If you visit some crypto forum you will see so many upcoming cryptocurrency projects coming into the industry but sometimes I begin to wonder what is their purpose of bringing in New crypto project knowing well that some of them have wrong motion of the project they are bringing, I have participated in so many of them last year but I have not hear from them again some are abandoned on the proccess with a lot of promises they come with just to gain your interest. What do you think?

Everything is done for the sake of money.
Some lie for the sake of money, others tell the truth.
We play by their rules.
You have a choise whether to do it or not.
I do  Roll Eyes
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December 08, 2020, 05:06:44 PM
 #325

your thoughts are the same as mine, I also followed many projects and until now there has been no news, so I got no results.  that is the risk of being a bounty hunter, but I am passionate and keep up with the best projects, hoping it will come to fruition.  not all projects fail there are also many good projects, we must be smart in choosing projects.
I recommend that you follow the bounty that has been registered in the market, and the allocation for the bounty must use escrow so that the team doesn't send payments too long, usually the escrow project can be found in several bounty managers, one of which is the bounty that I follow
Including the bounty detective who did not escrow because they knew that the guarantee was still under the control of the team. The HEX bounty which was distributed once every 2 weeks was the team's decision so that the payment would be on time.
Even though Hhampuz often did escrow, but when managing the distribution bounty it was definitely done by the team and the token was not in the hands of the manager.

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December 08, 2020, 05:12:19 PM
 #326

If you visit some crypto forum you will see so many upcoming cryptocurrency projects coming into the industry but sometimes I begin to wonder what is their purpose of bringing in New crypto project knowing well that some of them have wrong motion of the project they are bringing, I have participated in so many of them last year but I have not hear from them again some are abandoned on the proccess with a lot of promises they come with just to gain your interest. What do you think?

Everything is done for the sake of money.
Some lie for the sake of money, others tell the truth.
We play by their rules.
You have a choise whether to do it or not.
I do  Roll Eyes

We do have our own will to do so but due to our greed for most time specially when we do see big allocation in fiat form then we do really tend to react and make ourselves eager on joining
it without minding on making out some verification or in depth researching which would really result into mess later on.We cant really tell which team would really be that serious on
running up their project until the end and which one would really be just good on telling lies and promises just for them to make money then it wouldnt really matter.
This is why if we do invest then we should really be serious on seek out the best possible one that we would choose on.Dont rush up and take your time.!

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December 08, 2020, 06:17:04 PM
 #327

As the world is turning into a digital age, it is normal for us to see new projects entering the crypto realm every day even though the existing projects have not realized their goals and targets in the market. so, It is time to invest wisely in top coins especially BTC to avoid scams.

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December 08, 2020, 07:36:12 PM
 #328

Many new projects are currently starting to implement a defi system in their projects but it seems like only a few projects are successful and the rest are not even able to reach their sales targets at all, I think right now crypto projects are not in a pretty good trend, so a lot of token projects It even experienced a drastic drop in price when the tokens began to be released to the market, perhaps one of the reasons was the large amount of token supply circulating in the market so that the token price was straightforward to dump.

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December 09, 2020, 12:53:57 PM
 #329

It's very hard to find reliable new altcoins in crypto space today because of too many scam projects, it's a project don't find its way to top exchanges it will be hard to trust such project, this is why IEO is slowly bringing back the lost trust since ICO days, investors have more confidence on altcoins that are introduced through IEO on top exchanges
you are right. the percentage for current scam projects is huge. This is evidenced by the number of crypto projects in 2019, of which there is no more information until now. in fact, I also participated in a project like that several times. however, for now, it looks like a fair number of pretty good projects have emerged. although the percentage of scam projects is still quite large, some projects have good prospects for investors and all those involved in them.

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December 09, 2020, 01:11:05 PM
 #330

Often new projects are difficult to develop or don't last long in the crypto space, most of them are just hype and fomo. There are many developers who leave their projects and prefer to develop new ones again, so before investing in a "promising" project do well to do your own research and make sure it is not a hype project but an innovative project with a good solution.

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December 09, 2020, 01:12:52 PM
 #331

your thoughts are the same as mine, I also followed many projects and until now there has been no news, so I got no results.  that is the risk of being a bounty hunter, but I am passionate and keep up with the best projects, hoping it will come to fruition.  not all projects fail there are also many good projects, we must be smart in choosing projects.
Yes, Absolutely true, All the projects wouldn't get failed some of them perform well and for this hope, all hunters keep doing this work for wishing for better outcomes. It is indeed true that one successful project might cover-up all other failures of bounties which had done in the past.
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December 09, 2020, 01:14:52 PM
 #332

Its difficult for new project in this period because there are a lot of good ones that secured their place as top ones in their field so there is a lot of pressure applied to developpers and they have to come with new inovative ideas.
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December 09, 2020, 03:16:14 PM
 #333

i think nothing too fancy most will fail and some will last at least that is what the picture is like over the years and I think it will be like this for the next few years unless there is a system that can prevent a project from failing or scams from circulating then the success rate of an ico will drop and be low.

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December 09, 2020, 03:35:10 PM
 #334

perhaps one of the reasons was the large amount of token supply circulating in the market so that the token price was straightforward to dump.
The trend of the Defi project is that it has a low amount of supply, but only a few defi projects still have a high amount. Actually, every new project that has a high supply will be easily dumped because it provides a large sales bonus and a large bounty allocation such as the Youengine bounty.

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December 09, 2020, 03:47:44 PM
 #335

The trend of the Defi project is that it has a low amount of supply, but only a few defi projects still have a high amount. Actually, every new project that has a high supply will be easily dumped because it provides a large sales bonus and a large bounty allocation such as the Youengine bounty.

Low market cap is always tricky,,, and that is pure psychology I think that makes people buy them thinking they can go up because of lowcap. I know,,, because I fell for that a lot during my time growing up in ICO-land! Just be careful and expect what you buy to drop eventually!

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December 09, 2020, 05:07:56 PM
 #336

Mostly latest ventures are getting force presently, they see a few result on defi ventures that victory so they need to take after that lead and trusting for the same result. At the side that a few scammers are making unused ventures as well mishandling this drift. I have visit a few location and wire channels all of them nearly talking almost defi indeed ancient ventures including defi to their names. The pitiful thing is all of them has the same highlight copying one another, It may have major bad side that will not alive in long term investment.

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December 09, 2020, 05:27:47 PM
 #337

At present many projects are proving to be fake.  Many projects are taking money from investors by making a project through spending a little money.  We should all know about the project well before investing in a new project.

One of the factors that may help us in finding legit and authentic project are in the means of the bounty manager. Look for some projects that are managed by known and trusted members here in the BCT community. They know what they are doing and sometimes the if the project fails due to some illegal issues, the bounty manager are also to be blame. So they either look for the red flags of a new projects before they grab the position of being the bounty manager.

InwardContour
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December 09, 2020, 07:06:25 PM
 #338

I think we need to support new projects independently; either it is a copy cat project; or an update on existing projects;

Supporting a project which is copy cat in my opinion is not so cool, I like projects with their own concept or upgrade to an existing project. Unless maybe you have a different meaning to "copycat". For instance, after BTC, the reason why ETH was unique is because it came up with smart contracts and few unique features. I'm not saying every project should emanate with its own blockchain and all new features, but at least there should be something unique about a project.
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December 09, 2020, 07:26:11 PM
 #339

I think we need to support new projects independently; either it is a copy cat project; or an update on existing projects;

Supporting a project which is copy cat in my opinion is not so cool, I like projects with their own concept or upgrade to an existing project. Unless maybe you have a different meaning to "copycat".
He's talking about invest in a new project that emulating previous project concept which will only make a copycat project to live in the shadow of the project that presented the concept to the crypto sphere in the first which is never a good idea cause we have seen most of the project that emulates which are now died coin.

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December 10, 2020, 12:50:47 PM
 #340

If you visit some crypto forum you will see so many upcoming cryptocurrency projects coming into the industry but sometimes I begin to wonder what is their purpose of bringing in New crypto project knowing well that some of them have wrong motion of the project they are bringing, I have participated in so many of them last year but I have not hear from them again some are abandoned on the proccess with a lot of promises they come with just to gain your interest. What do you think?

Everything is done for the sake of money.
Some lie for the sake of money, others tell the truth.
We play by their rules.
You have a choise whether to do it or not.
I do  Roll Eyes

We do have our own will to do so but due to our greed for most time specially when we do see big allocation in fiat form then we do really tend to react and make ourselves eager on joining
it without minding on making out some verification or in depth researching which would really result into mess later on.We cant really tell which team would really be that serious on
running up their project until the end and which one would really be just good on telling lies and promises just for them to make money then it wouldnt really matter.
This is why if we do invest then we should really be serious on seek out the best possible one that we would choose on.Dont rush up and take your time.!

Even if you are analyzing, you can make a mistake.
If you look at the sites of many well-known projects, they are very poor in appearance, If you have no experience, it will be difficult for you to understand the truth is.
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