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Author Topic: Why should we invest for these type of projects?  (Read 306 times)
southerngentuk
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January 26, 2021, 03:26:37 AM
 #21

~
Yes, but for the main reference that is commonly seen by everyone are only three things, firstly the composition of the team is falid, because it would be useless if a project does not have a completely falid team composition,
the two project partners work with any company, because if the project does not have strong relationships, it will also be difficult to succeed, especially now that there are many rivals, and the third is the conceptual direction they play in running the project along with the number of products they will issue for public use.
That's what you say about this project, I don't want to say it's bad in the field when they start with a project like this. I bet this project will never work, such a product should not appear more in this market, it just leaves us with more waste.

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January 26, 2021, 03:51:42 AM
 #22

A secure consumer and merchants platform is not a joke, it's something that only professionals can handle, I don't think this team of which are just two people on the website can handle the whole thing, security is also another big thing to worry about,

Agree, two team is not enough. I think small team is related to funding issue behind it. We have seen many project similar like this, im not sure the idea was original from them or just another copycat, just beware if you want to try to invest.

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January 26, 2021, 08:18:15 AM
 #23

I really never understood the need for making a crypto currency for everything and for every purpose. It is just a crypto currency and if one is for one sector, the other is for other sector that means it is useless, make one that will go for every sector and you are suddenly outdone anyway. I believe over half of all the new projects should not even see day of light, shouldn't even be released, and half of all the coins that exist should be gone too, become irrelevant and useless.

Only the top 1000 coins should be really cared for and traded, anything above do not mean anything. You want to start a new project? Get enough people to make it listed in top 1000 and you will be, if not you should be gone. Too many useless coins with money spent on them takes away from real good ones that could have made any change in the crypto market.

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January 26, 2021, 11:31:09 AM
 #24

I can not say much about that project since I do not search for other info about that. Maybe that project will succeed in the future or the project will fail before reaching its goals because that will depend on how the team can work for their project. We already know that many new projects can not survive in the crypto market, and many of the projects scam the people. You can invest in that project, but you must search for the other info or asking the team what their plan is because every project can write their plan in the whitepaper, but we need to know more details about the project before we invest.

I suggest you invest in the bitcoin or the potential altcoin to minimize getting scam by them. Besides that, you can reduce the risk of losing too much money.

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January 26, 2021, 11:57:43 AM
 #25

I found a project , they are building a Secure  platform for Consumers & Merchants ? [platform
to buy and sell via Crypto ]
and they have clear whitepaper and a intro video about their project , I have seen same kind of project like this before and their ico/pre-sales were successfully completed , what do you think ?  Why do we need to invest for these kind of projects?

Links - https://whitepigeon.network/

I don't think so. That it needs more market stability before we could say that this project is successful. I don't know if you are aware how many new projects had failed after their selling period and of course, I can't ignore any possibility that it will happen to this project. At this time, the wisest thing to do is to invest only for known and already been proven successful projects, not like this.

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January 26, 2021, 01:52:27 PM
 #26

Abhilasha Singh is the CEO of this project, not too impressed at first. It has nothing special to attract me. But I'm really impressed with its CEO, she's so beautiful, I'm going to invest in this project because she insisted. Please share with me more information about her.
Honestly, I also didn't find anything special about the project, it's even boring right from the start, and your reason for investing in the project is wrong but very funny at the same time probably the most funniest excuse have ever heard, it's funny because you sound like you are in love with the CEO or something that's why you want to invest in her project,  Cheesy but mate not all that glitters is gold, keep your head in the game and do your own research so you won't lose your money.

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January 26, 2021, 04:28:59 PM
 #27

So far I am skeptical about this project. It seems to me that it is much easier for us as investors to make money on other projects. It seems to me that this project will not give here a profit on which I am counting risking my money.
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January 28, 2021, 06:32:36 PM
 #28

I can not say much about that project since I do not search for other info about that. Maybe that project will succeed in the future or the project will fail before reaching its goals because that will depend on how the team can work for their project. We already know that many new projects can not survive in the crypto market, and many of the projects scam the people. You can invest in that project, but you must search for the other info or asking the team what their plan is because every project can write their plan in the whitepaper, but we need to know more details about the project before we invest.

I suggest you invest in the bitcoin or the potential altcoin to minimize getting scam by them. Besides that, you can reduce the risk of losing too much money.
I have faced with a lot of teams that really wanted to change things, ones that wanted to have the best privacy, ones that wanted to have the best defi, there were tons of projects I was actually part of the team (usually as a translator or marketing, never really in the OG team) and I have seen them fail as well.

Not fail as in they bankrupted or anything, it is a crypto project after all so the coins are still out there somewhere but it is listed in very limited amount of exchanges and it is also not traded that much, few hundred dollars per day at most, which means there was really never a true interest to it and price is very low and nobody cares about it. Which is basically failing in the crypto world. This shows you that, you do not have to be a scam project to fail, you could have all the good intentions and could still fail if you are not a good team.

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January 28, 2021, 06:40:41 PM
 #29

just because you have seen same kind and became succesful does it mean that this one will also follow the same ? no thats not how crypto project works  .

those old projects that you see became succesful because maybe there wasnt any simillar kind of projects existed before but now that there are already projects like that , we dont need another one but what we need are newer style projects but its still up to you if you want to  .
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January 28, 2021, 06:40:51 PM
 #30

I found a project , they are building a Secure  platform for Consumers & Merchants ? [platform
to buy and sell via Crypto ]
and they have clear whitepaper and a intro video about their project , I have seen same kind of project like this before and their ico/pre-sales were successfully completed , what do you think ?  Why do we need to invest for these kind of projects?

Links - https://whitepigeon.network/

I am wondering why there is still no high quality amazon like fully crypto powered platform that has the power to ship anywhere in the world.
There have been many new projects aiming at this in the last few years but unfortunately i have not seen any fully functional platform in this regard. I do not onow if a new project announces it how long it  will take for them to come up with one functional platform.

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January 31, 2021, 11:23:24 AM
 #31

You guys follow unique DEXes? Have you heard of MCDEX? One of the most worthwhile DEXes I follow. The goal of this protocol is to allow anyone to create and trade in any perpetual market. To start with, anyone can create their own perpetual market with the price feed of underlying asset and choose any ERC20 as collateral. Secondly, they have designed an AMM for the perpetual market and this AMM also has better capital efficiency. AMM solves the liquidity problem - anyone can provide liquidity to AMM by depositing assets in the pool and get reasonable market making profit. Curious to hear your opinion, have a look at their website https://mcdex.io/
It will take too long to develop before it reaches the full global market, when it gains even more popularity.

It may be more convenient, but it will be much easier to place liquidity pools on Uniswap, Binance.

But, the project is promising, it only needs to develop
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