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Author Topic: If a project gets too complicated  (Read 558 times)
kaka manteng
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April 03, 2021, 06:07:52 AM
 #81

I think if there is a bounty that has such complex requirements it might have two possibilities.
First, it is possible that the bounty will be so successful in selling its Coin that the project asks for some completeness from the bounty participants including KYC or participant's personal documents. then the second, it could be with complicated requirements that is a bounty scame or the bounty party only takes advantage of the data sent by the bounty participant. in my opinion like that.

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distr@yopmail.com
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April 03, 2021, 06:14:52 AM
 #82

I think if there is a bounty that has such complex requirements it might have two possibilities.
First, it is possible that the bounty will be so successful in selling its Coin that the project asks for some completeness from the bounty participants including KYC or participant's personal documents. then the second, it could be with complicated requirements that is a bounty scame or the bounty party only takes advantage of the data sent by the bounty participant. in my opinion like that.
all this time what had happened was like that.
But there's more, things get complicated when it comes to developer distribution or bounty managers who impose double checks that make a reward deduction or validate eligible accounts for rewards.
but so far all we can see is what you say. become very expensive, or end up a scam.

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April 03, 2021, 06:35:03 AM
 #83

If a crypto project gets too complicated to understand can it affect the projects adoption rate or people don't care this days where they put their money? I remember when Hex was launched many think it's a scam and so many complains about not understanding a thing about what the project is all about, what do you say ?
When a project has a complicated and misleading form of its roadmap.  This shows that they are having a problem in their development goals and that they are developing spontaneously without a mentor or developer with enough vision and strategy.  I remember that Bitdepositary was one of those projects that changed course, even on a complex product platform.  This makes it difficult for the developer as well as the actual user base.  It is not asking to evaluate the project as scam.  but in fact, it has nearly stalled the development.

kak uli
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April 03, 2021, 08:25:18 AM
 #84

I think the level of project adoption is influential not because the rules are more complicated in a project, even if a project is too complex it will have an impact on its future.

doomloop
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April 03, 2021, 07:22:56 PM
 #85

people need to learn more about blockchain technology my friend
especially for new people, for me there is no complicated project
read the whitepaper carefully and ask to the team if you don't understand about the project, simple right ?
You are right but sometimes understanding a new project can be hard. I was learning about some launchpads recently and I was seriously confused. I think it lies more on the project owners to provide explainer videos and writing the whitepaper such that an average investor and even enthusiast can easily understand and explain to others.

Some aspects require education like you said understanding the blockchain but really it is more on the team to explain the functioning than on the questioner for asking it.

Bitcoin is built on such a complex yet robust mechanism that despite thinking I know every bit of how it works, I learn something new every now and then. But that could have been easier had there been some videos along with the whitepaper. Now a lot of people make videos to explain particular functions so it is easier though.

JeffBrad12
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April 03, 2021, 11:50:38 PM
 #86

I think the level of project adoption is influential not because the rules are more complicated in a project, even if a project is too complex it will have an impact on its future.
I think that you didn't aware if the project was going to the very complicated ways to develop the product. The more complicated the mechanism that will be used to develop the project and the more chance the project will fail.
We have a bunch of projects that were taking a very complicated idea and they are far to be a reality and so many of them already become dead project.
The developer didn't aware if what we need is something useful for us and it's not about how complicated the idea but brings nothing

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sadewa69
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April 04, 2021, 04:11:37 AM
 #87

If a crypto project gets too complicated to understand can it affect the projects adoption rate or people don't care this days where they put their money? I remember when Hex was launched many think it's a scam and so many complains about not understanding a thing about what the project is all about, what do you say ?
Getting complicated in what concept? In fact, if it is in accordance with the whitepaper or concept, it is natural for every project to develop and now, if we observe that there are so many altcoins that are in the stage of developing new concepts or adopting existing ones. These are good things and we should support them because they are bringing new innovations to cryptocurrency. but sometimes they are just tricks if they don't go according to the roadmap
but most of it is a scam. few projects that can innovate bring new concepts and can last a long time in the market. there may be new projects that can compete in the market. but trust in new projects has indeed declined. those who do not have strong support from good partners will be left behind.

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April 04, 2021, 08:42:48 AM
 #88

read the whitepaper carefully and ask to the team if you don't understand about the project, simple right ?
You can't generalize a lot of people especially for the newcomer will be the same as you. You are a part of early adopter of crypto and that's why you have a better knowledge than the newcomer that recently joining in the crypto
In my opinion there are lots of project were using complicated idea on their roadmap. that makes the newbies can't understand what the main aim of such project.

That's why the complicated project will get a lot of problem on miss communication with the community or new adopters.
Agree, even some basic smart contract projects are already technical enough it hardly can be comprehended by people who just got into cryptocurrency, not to mention something like parachain, and any other complicated dapps, it's just too complicated for most of people in general and any project should make an effort to somewhat simplify what their projects offer.

aryana42
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April 04, 2021, 09:41:58 AM
 #89

A very good and well planned project to be more atteactive to investors their aims and goal must be clear especially their whitepaper and roadmap should be on point so that it can avoid confusions to every projects' investors.
Now it is almost difficult to distinguish between good and bad projects, because the Roadmap and Whitepapers can still be manipulated by scammers who are also very clever in compiling the two things.
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April 04, 2021, 01:15:01 PM
 #90

If a crypto project gets too complicated to understand can it affect the projects adoption rate or people don't care this days where they put their money? I remember when Hex was launched many think it's a scam and so many complains about not understanding a thing about what the project is all about, what do you say ?

In my opinion, the problem is not how complex a project is to be successful, but how informed and educated the society is. In general, if someone has decided to invest all their money, they should be more interested and research the projects, and even if something is not clear by reading and asking it could be understood.
It is not possible for all projects to be very simple to be understood by everyone at once, every new thing is learned over time and gets used to it.
Matimtim
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April 04, 2021, 01:42:04 PM
 #91

If a crypto project gets too complicated to understand can it affect the projects adoption rate or people don't care this days where they put their money? I remember when Hex was launched many think it's a scam and so many complains about not understanding a thing about what the project is all about, what do you say ?

If there're a projects were complicated or hard to understand what is the real purpose of it or use of those projects, then thos projects are probably not going farther, and the reason why many people say those projects are mostly scam because  usually those projects doesn't reach its goal and that's the main reason many people got disappointed on that kinds of projects.

Jateng
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April 04, 2021, 02:27:39 PM
 #92

I think newbies will surely have a hard time understanding the concept of the project if it's difficult to understand, but I think users will understand it in the simple way they could. Youtubers will make simple videos and make their own concept to understand well by their users, just like BTC in the beginning. People understand now even is still difficult and next generation of technology. Some of project that have simple concepts and already present in the crypto world failed easily if they know their project is the same concept. It's good to be complicated rather than projects that being copied by the others.

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April 04, 2021, 08:48:05 PM
 #93

If there're a projects were complicated or hard to understand what is the real purpose of it or use of those projects, then thos projects are probably not going farther, and the reason why many people say those projects are mostly scam because  usually those projects doesn't reach its goal and that's the main reason many people got disappointed on that kinds of projects.
I think that's not a problem in the crypto world. It could be as complicated as it gets and we will still understand it. There are way too many people who would be willing to actually end up understanding and helping other people on this subject. That's why I think there is no need for worrying, just let it be.

That's why people are not worried, because there are others who are fine with these things and that means everyone can create a project that is super complicated and eventually there will be at least one (probably a lot more) person that will understand it and explain it to people easily so that everyone can understand, as long as we have those people, there is no coin that would make it too complicated that nobody would understand, that's going to be tough because there are very smart people in the crypto world and they would understand.

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April 04, 2021, 08:58:18 PM
 #94

If a crypto project gets too complicated to understand can it affect the projects adoption rate or people don't care this days where they put their money? I remember when Hex was launched many think it's a scam and so many complains about not understanding a thing about what the project is all about, what do you say ?
When you cant understand then why would proceed on investing? There's no point on doing such step, you can always skip out and find another one.

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