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Author Topic: Rebuild Our Project or STOP  (Read 143 times)
fbfctoken (OP)
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May 29, 2021, 01:59:39 AM
 #1


We have made project and invest about 60K usd in 2020 for public chain and we have earn about 300 K and earn about 3-9 K each month now.
Biggest stock holder take about 270 K usd at very beginning of this year and gone.
And we can not finish that  public chain.
Latvians ,philippinese  and I quit this team at same time.

In april 2021 ,some chinese  invest team contact us again for rebuild this plan.
They want to pay us about 30 K USD at first stage.but May 20 2021 BTC is down too much and that team lost all money .They didnot have money any more.
He reply me yesterday ,he only invest 6K USD now.but that money is too less

what should we do ?
1 find money ?where to find
2 stop or pause

Best
SFR10
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May 29, 2021, 04:48:13 PM
 #2

They want to pay us about 30 K USD at first stage.but May 20 2021 BTC is down too much and that team lost all money .They didnot have money any more.
He reply me yesterday ,he only invest 6K USD now.but that money is too less

what should we do ?
1 find money ?where to find
2 stop or pause
Before anything else, you might want to explain what exactly that project was [apart from "public chain"].
- Having said that, if you really need the other $24k, then just stop [why even think about resuming a failed project that's going to waste your time due to limited resources?].

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seoincorporation
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June 01, 2021, 02:38:34 AM
 #3

Is a hard decision mate, the project already has received a big amount of money and it should be at a good point now... You should ask yourself what does the project needs to start making money, and with that, you should be able to make an evaluation about if it worth investing more money on it or if it's better to let it die.

If you are the coder behind the project and you can finish that code, then you should do it and after it's done it will be easier to find new investors. People want 'making money machines', they don't want to spend tons of money and time just to make the bet if the machine will make money or not.

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Ucy
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June 01, 2021, 03:12:21 PM
 #4

Wonder what they did with the money? Did they risk it on something very risky? They could easily pay you and fund the project in Bitcoin without considering the fiat value too much. Wish we have lots more people accepting and paying with Bitcoin/crypto without minding the fiat value... you could depend mostly use them to build the project.

If the project is good/useful enough, investors will still come without minding the cost too much
Kelly_Thomas
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June 03, 2021, 07:53:44 AM
 #5

Depends on what exactly was your project and on what it was based.. second thing is if you see yourself making progress in it you should go forward with it.. and the money invested is low but if you have that potential you will surly make more money.. just wait for the right time .. The decision is totally yours.. 
joniboini
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June 03, 2021, 01:00:56 PM
 #6

Agree with etf above. Why are you asking a stranger in a random forum to solve your business problem? Why on earth would you believe we know more than you do. If anything, you probably should ask your advisor (if there's any) or discuss with your team again.

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