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Author Topic: Why do most of you guys only care about partnerships & roadmaps?  (Read 198 times)
conected
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August 21, 2021, 02:50:51 PM
 #21

because it is the easiest way to assess a project. with many new partnerships and roadmaps on schedule, increasing investor confidence. maybe development is important, but I don't really care about this. I only focus on making profit. and the quickest way is to observe the project's business strategy. how many partnerships they can get, or are they running the roadmap properly. these two things are enough reasons to invest.
- Sometimes the project roadmap is not a point worth considering because those are just fixed projections of the project, they don't even know when they will be able to finish, they are making a false promise but still full of people who accept and believe as long as their partner is strong, empty promises can still be fulfilled even with delays. Therefore, the partnership is a potential source of competition for the project, just need to be related to binance or houbi and some big platforms like NEAR, Solana, virtually no need for a roadmap, it still makes a lot of noise in the market


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August 26, 2021, 06:00:23 AM
 #22

Everyone has different criteria for assessing projects.
The only difference is that my and the OP's average experience is much more in this sector than any other newbie starting with crypto at this time. Grin

Quote
So what do you think about projects that lack support, partnerships and roadmaps?
Firstly the idea of these projects is mistaken. Hence any project made in this sector to be linked to a crypto is a fake one running only on some vaporware and attempting to compete with the mainstream fiat markets of the same. Hence thos pictures are useless crap.

Secondly the "projects" therefore have to show off with such support/partner/roadmaps. Essentially it is all an eyewash and these "partners" are only going to act as "Advisors" because they were paid to do so. The reality is that there is a said term that advisors/partners keep their money locked in for. This is not publicly known and when the term ends, they will dump all their bags and exit because that is what they do. This leads to the market crashes in specific altcoins that happens after a few months of listing.

Majority of bamboozled newbies dont understand this because they lack prior history of stock market and IPOs and the bounty hunters will be blamed for causing a market dump and you already know the rest of the cycle.

R


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August 26, 2021, 06:56:57 AM
 #23

I've been lurking on so many websites for so many years and I find it quite disturbing to see how most of the today's crypto users/investors mostly only care about "new partnerships" and "roadmaps". I feel like most of you are blindly investing in coins that either have a very long and misleadingly bulky roadmap or coins of which devs are betting you their lives that they're gonna bring their coin/token to Binance. Is this all crypto is for you? Binance listing and "roadmaps"?

First of all, besides bringing pump and dump volume, Binance/Coinbase/etc listings and similar kind of "partnerships" bring no advantage. They're literally there just to make it look like the newly listed token has some good potential. Truth is, Binance has been (at least allegedly) known for asking quite a lot of money for listings. Even if Binance doesn't, there are plenty of exchanges who do. And then, just take a look at Binance's listed coins. >50% of them are coins I never even heard about, pure shitcoins. Is it that necessary for a coin to be listed on known exchanges as a partnership or should this be coming from the exchanges themselves instead?

Second of all, these "roadmaps" are usually the exact same for all coins/tokens. New website, new wallet design, exchange, paper wallets, possibly HW support, marketing team and so on. But at the end of the day, if you look at the roadmap you need only a braincell or two to realise that all these hyped-up updates are literally worthless when it comes to the coin's development.

DigiByte brought some new tech to the crypto space for security. PoS was great for crypto development and studying. Kadena now came with a new, interesting concept of having multiple chains to avoid congestion. Monero came with the strong privacy support, PirateChain has a quite interesting idea of increasing privacy with every tx. There are a few coins here and there that come up with interesting new tech, but most of them are identical and have no real future, no real use case, no real development.

If we want this space to truly evolve, we need to come up with new stuff and test it out. Alts are most of the time testing grounds for large coins, the same way PoS was a testing ground for Ethereum and the same way some coins adopted SegWit long before Bitcoin did.

Yes, this is a rant. Take it as it is, I'm just tired of hearing "development", " partnerships" and "roadmaps" everywhere when I already know for sure they're all crap and bullshit. It's just pathetic, we should start to look for real for things that actually bring value to the crypto space.
Most people pay attention to the partner and the roadmap, especially the partner, and here are the factors that I list from my point of view:
1. If there is a large partner, the project will have a larger and more prestigious capital source.
2. If there is a partner, it will be easy to promote the project to many investors and the project will be known by many investors and they will buy.
3. Having a big partner to support you will be more assured about the long-term development of the project,
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