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Author Topic: Is it the same?  (Read 479 times)
husdemba
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December 25, 2020, 07:14:14 AM
 #21

First, you should look at the bounty manager. Successful bounty managers don't want to partner with unsuccessful projects.
Web sites and social media addresses can often be fake content. It is sometimes very difficult to understand that they are scammers  Undecided

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December 25, 2020, 07:20:44 AM
Merited by cabalism13 (1)
 #22

I don't know how to choose a potential bounty project or not, I prefer a trusted bounty manager, even though the project bounty has potential but the manager is not known or a newbie, the project does not necessarily pay bounty participants
Yes, but what about the Emporium.Finance CEFI bounty project which is managed by a highly trusted manager like Hhampuz? does the project pay all participants? I think this is not only about a manager, but also about who the project team is, because a manager who is very trusted can also be fooled by an irresponsible project team, # think Undecided

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December 25, 2020, 07:51:31 AM
 #23

Greetings Bounty Hunters!
I'm just curious on how do you call a failed project (project who run some features but didn't continue) and a project who depreciated within time (projects who has lost its value due to its low demand and market value)
As I'm only aware of Scam projects ( projects that only within plans and didn't  proceed to any features )

Another thing is how can you tell if it has a potential  or doesn't  have any?



For something to fail means it started at some point right? Now in my own opinion, a failed project is a project whose team started the development process, worked for some time and then it came crashing maybe as a result of lack of further ideas, mismanagement of funds or not sticking to their roadmap thus leading to lose of interest within the community hence failing. Also, a project depreciating within time is majorly caused by the team, how? As a project team, they have to put everything in place to ensure the continuous developement of the platform, they also need to follow their roadmap, adjust when need be, add more features and so on, through this way, they will constantly keep their users hoping for more hence more engagement from the users and that's what drives a platform to be valuable; take a look at Binance platform, Ethereum etc, then you will understand their teams are different from a whole lot of other projects. A scam project is one which didn't developed anything but ran away with the funds generated.
Lastly, a potential project have the neccessary features, but first they have a very good use case and by mare getting involved with the project, every idea and what the team is working on is laid bare to understand. A project with potential also goes for good exchanges so as to attract more users hence keeping the development going.

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December 25, 2020, 09:27:48 AM
 #24

Usually a project has some 'potential' in my eyes if the team put an effort into marketing their project so when their product released someone gonna use it and the devs team active enough either in their chat group or even better when there's frequent commit in their github repo relating to their projects.
a project that has inactive team is like a really huge red flag in my opinion

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December 25, 2020, 11:31:20 AM
 #25

You can't really tell but only have to believe your instincts, sometimes one can be wrong too and that's normal because failure is why we win sometimes, do your own research and have a positive mind, a quality project will surely appear to be one, the problems with bounty is payment evade by the teams
Every thing really needs research to the fullest, it is not enough just to rely on instinct, especially in terms of crypto, because there are so many projects including bounties that look interesting but they can still experience sudden scams even when we least expect it, this is a case that I have often encountered in crypto.
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December 25, 2020, 12:18:41 PM
 #26

We must understand that the projects that have stopped are not all scams. of course with clear reasons and evidence. Most projects fail because they cannot pay for their core needs (developer as well as marketing) and that causes the project to fail and is discontinued in order to stop the ongoing losses. it's a different story if the project has received an investment but suddenly they stop for absurd reasons and without clear evidence, that's the easiest thing to call a scam
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December 25, 2020, 01:17:41 PM
 #27

First, it is not easy to know which project that can turn to become a scam. Second, the scam project will not stop to promote their project until they can get the investor money. Third, they can run away without telling people.
Many projects have the same idea with a different concept to introduce their project to the public, and it is hard to say that the project will have the potential to grow in the future. All we can do is be careful to select the project.



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December 25, 2020, 02:00:40 PM
 #28

hard to tell the truth. but in real cases, say like ETH, their ICO used to be worth only a few dollars and is now worth hundreds of dollars. So it can be concluded that a project is successful when the team is really serious about managing the project, the product is well developed, has a large community, is listed on the top Exchange, etc.

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December 25, 2020, 05:41:21 PM
 #29

A failed project is a failed project, the reason why they failed are of different reasons, either they exit scam or the team abandoned the project or other it's all failures, some use cases are useless in crypto and people don't like investing on them for some reasons, this means that not all introduced projects are scam, some just failed it is, that's why diversity is the best in crypto space

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December 25, 2020, 05:52:07 PM
 #30

Scam projects apart if we take only the legit project 90% of them even go into such phase like getting a hard high on the price which they were set while selling tokens when it hit on the exchanges which normally happen as a result giving lot of tokens with discount price at the time of ICO sale.









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December 25, 2020, 06:08:31 PM
 #31

Greetings Bounty Hunters!
I'm just curious on how do you call a failed project (project who run some features but didn't continue) and a project who depreciated within time (projects who has lost its value due to its low demand and market value)
As I'm only aware of Scam projects ( projects that only within plans and didn't  proceed to any features )

Another thing is how can you tell if it has a potential  or doesn't  have any?


I have seen all sorts of projects and bounty campaigns:
The ones with high budget, they have paid and project is a success and vice versa.
Same goes for projects with small budget mostly they pay and project is a success but sometimes even small budget campaigns do not pay or the project fails. So the conclusion is that there is no guarantee and bounty is not free money it is constant hard work where you are only in profit when you average out after a year.

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December 25, 2020, 08:23:06 PM
 #32

Greetings Bounty Hunters!
...
I have seen all sorts of projects and bounty campaigns:
The ones with high budget, they have paid and project is a success and vice versa.
Same goes for projects with small budget mostly they pay and project is a success but sometimes even small budget campaigns do not pay or the project fails.
I think it is most of the times when it comes to low budget projects. And actually, IMO, new projects should also be somewhat distiguished by there budget, not in there own tokens but in terms of USD/ETH/etc. As we already know that this is surely gives us a trend that the said new project is being quite productive and generous at the same time, and that would also be considering their marketing strategies.
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December 25, 2020, 10:14:44 PM
 #33

If the team themselves are communicating with the investors then it is a good sign. I have lots of coins that came from different kind of bounties and most of them failed. Somehow I still see some of them manage to make through, they continuously make updates to everyone and keep on informing on what are they doing in the meantime.

If you can see there are big money that have been put on a project then  it has a potential of supporting it's cause, and also if they have accumulated funds that could stabilized it's coin price after the sales.
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December 26, 2020, 07:33:46 AM
 #34

Honestly it is difficult to know the prospect of any project and by the way, "potential" in your context could mean so many things to different people. If you are talking about getting listed with good price you can guess the prospect by trying to explore where the token intend to be listed. Although many dev do not like to give answers to where the coin will be listed or they can lie some other that come forward to talk about listing in exchange platforms such as Latoken, p2b2p, probit etc are likely to end up with wash token price. I have seen some project recently in the past that had gone inactive for almost a year and comeback strong. https://the4thpillar.io/ with token ticker 'FOUR' is one of them. This mean it is difficult to tell the prospect of any token
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December 26, 2020, 03:48:46 PM
 #35

Poor marketing has something to do why the projects failed. If the dev cant execute a good marketing strategy then they cant attract investors to support their project.
-snip-
I doubt they had "poor marketing" strategy. They all start with the intention of "failing". They make all those false promises, gain peoples attention and a hype is created, they slowly exit scam people without even people realizing that. No matter what "marketing strategy" they apply, serious investors know what the real deal is and will avoid them at slightest inconvenience. If a project has potential and the developers keep on working, they are bound to succeed.
This is some of what I notice to these projects that are not scam but has bad ending.
Like I said, I have a feeling they make it look like they didn't try to scam people and had a "bad ending", but these were planned all along.

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December 26, 2020, 03:57:56 PM
Merited by cabalism13 (1)
 #36

Greetings Bounty Hunters!
I'm just curious on how do you call a failed project (project who run some features but didn't continue) and a project who depreciated within time (projects who has lost its value due to its low demand and market value)
As I'm only aware of Scam projects ( projects that only within plans and didn't  proceed to any features )

Another thing is how can you tell if it has a potential  or doesn't  have any?


Most of the projects you've mentioned are just the same and oftenly the team is just unfortunate that's why the project fails or doesn't get enough recognition to be successful. Some projects fails because they spent so much time upon waiting on reaching their cap or they are analyzing the project in a very time consuming way. Most of the time, I rely on the project manager in terms of the projects potential, I don't usually trust the whitepaper. If I have past experiences with the project manager, I will right awat join it because I know the leader's reputation and he won't definitely ruin it.
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December 26, 2020, 04:02:07 PM
 #37

These projects are to be dumped and evaded by the investors because their team didn't continue working on the development or they just gathered enough funds and just want to leave the space, i've seen some of them and even got in touch with some projects in the past, their aim is just to make money and even their products aren't working in a proper way. I do know about alot of projects like the ones you're talking about, it's makes me feel a headache to see that amount of failed projects. Also now, alot of projects succeeded because of the DeFi hype but they aren't going to live for a long period so just be safe interacting with them.
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December 26, 2020, 04:10:31 PM
 #38

It is still quite difficult to judge, because there are still many good projects that fail and projects that look bad but end in success. So far, I have evaluated projects only by looking at their consistency and always providing updates that have been done by the team. If the project has no updates and is not active at all, it is clear that it is a bad project and has no hope for the future.
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December 26, 2020, 06:22:35 PM
 #39

You need to pay attention to the Bautista Manager who leads the company. If the Manager is well-known, this is an advantage. In second place is the rating on sites. The number of people participating in social companies.
Again, the White Paper. Next, I calculate the possible profit from participating in the bounty. If the profit is good, then I join the bounty.
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December 26, 2020, 07:14:15 PM
 #40

Greetings Bounty Hunters!
I'm just curious on how do you call a failed project (project who run some features but didn't continue) and a project who depreciated within time (projects who has lost its value due to its low demand and market value)
From my little experience, failed projects are those who run some features but failed to pull through with their WP or roadmap. The devs just have the ideas in their brains but aren't able to keep it a reality to finally actualize it. I had several tokens like that in the past. But if tokens dump after they're listed, it's a normal thing to me as early investors always take profit quickly to reenter trades. That isn't a sign of a failed project. Sometimes, these dumped projects recover once they've used cases embedded in them.

Another thing is how can you tell if it has a potential  or doesn't  have any?
Any project that doesn't have a problem it's addressing or solving simply doesn't have utility. Such a project should be avoided because it doesn't have potential. Always look out for a use-case token/coin while investing. They're the potential projects.

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