Greedy crypto developers

[Nellayar]

This kind of people are the reason why many investors left cryptocurrency world.
Developers should not using the hype moment to steal people's money with their scam project.
No need to turn the project into a defi project, just stay at the track of the plan will bring the project to success.

+1

The reason why many people are leaving in crypto industry. There are many projects that only want to hype the crowd. Scammers always take an opportunity to get some funds to the investors by using the name of crypto or even the trend in cryptocurrency. Scammers poison the mind of the people. They are pushing every investor to stay away at crypto investment. In result, most of the real projects are dying because there are many investors who leave in crypto space.

[shadowduck]

This kind of people are the reason why many investors left cryptocurrency world.
Developers should not using the hype moment to steal people's money with their scam project.
No need to turn the project into a defi project, just stay at the track of the plan will bring the project to success.

+1

The reason why many people are leaving in crypto industry. There are many projects that only want to hype the crowd. Scammers always take an opportunity to get some funds to the investors by using the name of crypto or even the trend in cryptocurrency. Scammers poison the mind of the people. They are pushing every investor to stay away at crypto investment. In result, most of the real projects are dying because there are many investors who leave in crypto space.

People can blame only themselfs in this. they don't want to become smart investors, they just come here to get quick profit. this greed is the reason for the existence of all scammers

[sallasvve]

This kind of people are the reason why many investors left cryptocurrency world.
Developers should not using the hype moment to steal people's money with their scam project.
No need to turn the project into a defi project, just stay at the track of the plan will bring the project to success.

All for the sake of money. Now there are almost no developers who want to create a good and popular product. Now there are only those who want to earn more money with minimal effort. Therefore, developers come up with various reasons to refer to themselves as decentralized Finance. This should be treated calmly. And projects for investment need to be selected very carefully and carefully.

[pedpedped101]

This kind of people are the reason why many investors left cryptocurrency world.
Developers should not using the hype moment to steal people's money with their scam project.
No need to turn the project into a defi project, just stay at the track of the plan will bring the project to success.

All for the sake of money. Now there are almost no developers who want to create a good and popular product. Now there are only those who want to earn more money with minimal effort. Therefore, developers come up with various reasons to refer to themselves as decentralized Finance. This should be treated calmly. And projects for investment need to be selected very carefully and carefully.

Those that fall in this category most are the projects that just laugh all of a sudden. Most especially when you check their GitHub, you would notice that they are just recent projects. If you check the GitHub of the real, serious and meaningful projects, development would have started a long time ago.

[minatour]

Most of all these developers are in only for the money, they will do anything just to make sure they bag as much money as possible. I think this is the best time for investors to keep their eyes wide open and stop investing in scam projects.

[Kelvinid]

Developers should stop taking investors as fools, you cooked your project up to your taste and everything seem fine enough but because you are too greedy and can't take your eye off DeFi success you decide to switch your project to DeFi. Seriously are investors stupid enough to go along with your obvious trick? To all developers who are doing this, it's a complete slap to your faces, you guys should be ashamed of yourselves.

It was sad but unfortunately, people keep believing that they can still make money out of them. I know that not all have of the same intentions but knowing that only a few of them give what the investors must have to expect with and being consistent with what they have promised, it makes us be careful in choosing the project for investment.

The most disgusting thing to see now is that many exchanges tried to manipulate the market volume in order to attract investors. This will emphasize that money is important for them than reputation, and this actually ruining crypto in general.

[Ryu XBR Samurai]

If DeFi really is an amazing new technology and the way of the future than projects that can be switched should be switched?  The money from investment is not just a plus but also indicative of where the future is.

The market can be used as a compass to point developers in the right direction.  A compass is very valuable in the wilderness of crypto.

[wheelz1200]

Developers should stop taking investors as fools, you cooked your project up to your taste and everything seem fine enough but because you are too greedy and can't take your eye off DeFi success you decide to switch your project to DeFi. Seriously are investors stupid enough to go along with your obvious trick? To all developers who are doing this, it's a complete slap to your faces, you guys should be ashamed of yourselves.

Its really simple, if people stop buying it developers will stop doing it.  With their being a somewhat gold rush in the defi projects people are moving towards that.  And then next craze you can be sure developers will be gearing towards that as well.

[Baimovic]

developers can easily abuse crypto concepts to take advantage of the gross. especially regarding DEFi, after seeing the hot spike in the price of the Defi coin made most developers revive their projects, implement the DEFI system and even developers create new projects using the concept of DEFI again.

[Roidz]

developers can easily abuse crypto concepts to take advantage of the gross. especially regarding DEFi, after seeing the hot spike in the price of the Defi coin made most developers revive their projects, implement the DEFI system and even developers create new projects using the concept of DEFI again.

Now many old projects have failed to try again to revive their project with a new concept and use the DEFI system, but projects like that are very worthy to be aware of because this could be a cover for them to commit fraud because projects that has failed are of course, there were mistakes they had done in the past so that it discouraged investors from investing in this project.
I think we have to be careful in choosing a project for investment and don't be easily tempted by a defi project because it could be just a scam.

[Ryu XBR Samurai]

The more educated and wise the investors the better and more high quality the projects will be that exist.  Defi or not.

[wheelz1200]

Developers should stop taking investors as fools, you cooked your project up to your taste and everything seem fine enough but because you are too greedy and can't take your eye off DeFi success you decide to switch your project to DeFi. Seriously are investors stupid enough to go along with your obvious trick? To all developers who are doing this, it's a complete slap to your faces, you guys should be ashamed of yourselves.

Its really simple, if people stop buying it developers will stop doing it.  With their being a somewhat gold rush in the defi projects people are moving towards that.  And then next craze you can be sure developers will be gearing towards that as well.

Meh. People are still buying it these days anyway. Just because this new trend becomes somewhat mainstream in crypto space, people think that scammers season are over now.
It's the investor's fault sometimes that feeds these scammers. That's why the cycle never ends.

I agree with you that was the point I was making.  As long as people are buying there will be developers that will be making them or converting over to whatever people are buying.  Greed fuels the crypto bs

[cryptothreads]

developers can easily abuse crypto concepts to take advantage of the gross. especially regarding DEFi, after seeing the hot spike in the price of the Defi coin made most developers revive their projects, implement the DEFI system and even developers create new projects using the concept of DEFI again.

DeFi is now an investment trend that many people believe and I'm sure many big projects will still attract a lot of big investors in the near future.

I believe with what's going on this is a good time for you to search for some cheap coins as I know a lot of good DeFi projects in the meantime. However, careful consideration is required as there will always be risks in these investments.

[ampu]

Projects turn to DEFI to keep up with trends and make people more interested in their projects. It is like a way out of the price decline. If they have the infrastructure to move to DEFI, they should.
Currently, many projects tend to shift to DEFI. That proves weakness in the project's concept and development. If they are good enough they will go to the end, fulfilling their goals.

[Fredomago]

Projects turn to DEFI to keep up with trends and make people more interested in their projects. It is like a way out of the price decline. If they have the infrastructure to move to DEFI, they should.

They are riding with the market hypes as long as they can generate profits, they're never cared with anything but just to earned with investors money, moving to this platform is not nature to this developers they're just doing for the sake of profits.

Currently, many projects tend to shift to DEFI. That proves weakness in the project's concept and development. If they are good enough they will go to the end, fulfilling their goals.

That's right! If they've got a good concepts and real usages they'll stick to whatever platform that they'll originally being offered. This really helps to understand how the team are prepared to the competition around the market.

[Kakmakr]

It is more about the need to WIN these days, than it is about the money. Every developer wants to be at the sharp end of innovation and currently Defi is the trending products. It will not for example help them if they are developing software for say Netscape Navigator (1995) ...when everyone is using Microsoft Edge or Chrome or Firefox.  

It will also boost their CV, if they were involved with a project that was very successful, no matter how controversial it might be. They would have some kind of excuse why they were involved with the project at the time. (Saying that it was before they knew it was a scam)  

[GreenStox]

some were successful because the hype generated by current defi was very high.
however the recent few days have not been so good due to the downturn in market conditions, but will definitely still hype new projects and only in small numbers.actually this is a good opportunity to make a profit but you have to be careful because it can end at any time.

[Lantind]

When these DeFi hype is running some people just buy anything that is called DeFi. They don't have time to do some research about the project that's why we saw a project like SUSHI, YAM, YAM V2 got investors. Now those peoples crying why those projects end up being a scam! Think before you act. I saw some non DeFi project is also shifting their project to DeFi.

Their mistakes are actually very small even though the effect is very large, namely "not having time to do research on the project" that's all the mistakes that cause harm to them, so this is certainly a very valuable lesson for everyone so that in the future they must always prioritize research in looking for profit.

[fuer44]

In essence, investors need to be even more careful now. because without any investors, be it ico, Ieo, or DeFi, it will never go far if there are no funds. therefore, before starting the project, must go through a thorough analysis. in this case, the two parties are not to blame. investors, they sometimes don't know the end of developing the project. Meanwhile, for developers, sometimes they change their mind along the way, or maybe they want a bigger profit but in an incorrect way.

[bitkanu]

When these DeFi hype is running some people just buy anything that is called DeFi. They don't have time to do some research about the project that's why we saw a project like SUSHI, YAM, YAM V2 got investors. Now those peoples crying why those projects end up being a scam! Think before you act. I saw some non DeFi project is also shifting their project to DeFi.

Their mistakes are actually very small even though the effect is very large, namely "not having time to do research on the project" that's all the mistakes that cause harm to them, so this is certainly a very valuable lesson for everyone so that in the future they must always prioritize research in looking for profit.

Not having time to do research on the project is grave mistake and not small one, imagine buying stuff but you never check it out whether it's the real deal or fake but after you received the stuff and got the fake one you complain why it's fake. Everyone want the real deal which is profit and they should do some research to get that not just throwing around their money mindlessly. Though, I do not blame the investors because some people might just don't have time to do that or being blinded by greedines, all the blame should be on those scammers who created the scam project in the first place and trying every way to convince people into throwing their money on their project.