Some projects are fated to doom?

[Victorik]

Hi fellow Bitcointalknaires, to all this who have been here before me and those who have been investing in crypto for the past years have there been any cases of projects with a good hardworking team that give their best shots and yet the project still fails? Tell me one project that face this same fate.

Yea, there are a handful of projects with a very solid team yet didn't live up to expectations. This is because a project do not succeed just because they have a strong team. A very vibrant community is very key to the success of any project, also publicity is very important to the success of a project. A project with a weak team, but has a very good marketing strategy will succeed.
So, a project team may have the best of intentions and yet fail woefully.

[Xal0lex]

Hi fellow Bitcointalknaires, to all this who have been here before me and those who have been investing in crypto for the past years have there been any cases of projects with a good hardworking team that give their best shots and yet the project still fails? Tell me one project that face this same fate.

There are hundreds of these projects. There is not enough space to list them all. The competition in cryptocurrency is huge and great desire and work of developers does not guarantee anything, as a competitive project can do the same thing better and offer more favorable conditions for interaction. Also of great importance is the interest of large investment funds that support the project in its early stages.

I do not know whether you can refer to such a project TON, which had powerful investors, an experienced leader who has created several successful IT projects, but still the team failed before it even launched. All because of external factors and various bureaucratic procedures, but at the end it could have been another multi-billion dollar project, which would have been in the top 20 crypto projects.

[isaac_clarke22]

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Actually no, there are many projects that just wanted money from investors and not how they value their services offered globally. Many projects tend to be just a copy-paste of another project for the said reason. If they are indeed hardworking and wanting to do business, they will do extensive research just to find out on what the people need these days and not on what they really needed to the core.

[Rengga Jati]

Hi fellow Bitcointalknaires, to all this who have been here before me and those who have been investing in crypto for the past years have there been any cases of projects with a good hardworking team that give their best shots and yet the project still fails? Tell me one project that face this same fate.

There were and are many
A successful project may not only lay on how good the concept and also the team. Hardworking and professional team members may be goo and supportive, but this is not only the only reason why a project is successful or not. There are several other factors that are influencing such as the acceptance from the investors, funds that they have, exchanges for listing, promotions, and others. These all elements should blend together and work very well in order to be acepted in the community and being successful. But once more, this is not easy.

[boty]

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Actually no, there are many projects that just wanted money from investors and not how they value their services offered globally. Many projects tend to be just a copy-paste of another project for the said reason. If they are indeed hardworking and wanting to do business, they will do extensive research just to find out on what the people need these days and not on what they really needed to the core.

most of new project only copy paste technical document from existing, they didnt developt their own ide about blokchain technology so would not deliver MVP to their community. solving problem in market should be an idea new project in crypto market , when it could realize by launch a product with utility, market will respon it well.

[Doell]

Yeah there are several that I know, good hard teams and even investors are happy to get profits according to what has been agreed before, but the product currently has no interest and has even become worthless also has been removed by the market. Their project usually comes at the wrong time and inappropriate marketing.

[Kelvinid]

Their project usually comes at the wrong time and inappropriate marketing.

No, I don't believe that. The project may fail for a lack of marketing strategy not because it was created at the wrong time. And besides, no perfect time in creating a project but what people have to look at and consider most is the value and use case of the project. It is just to see these days that many of the projects are useless, they don't have any market importance that could encourage investors, they'll somehow just be ignored.

[bittick]

The main point is when the project created a useful product but no hype was coming to this product and im sure the project will dead. The product will have no users, meant no revenue for the platforms and the platforms will be dead can't fulfill the operational cost. This is making some projects that waster their money to develop the product became fail but i remember one point is something project was only created cheap product that cost small. The team was using money raised for funding purpose for their own personal intention.
This is also making the project dead even it has product

[Lanatsa]

Hi fellow Bitcointalknaires, to all this who have been here before me and those who have been investing in crypto for the past years have there been any cases of projects with a good hardworking team that give their best shots and yet the project still fails? Tell me one project that face this same fate.

There are lots for sure and here's the possible situation.

1. Hard work but still not enough development
2. Actual utility  isnt really that appealing or interesting
3. Didnt really get that much attention.

There are hidden gems but if they've been ignored then expect that there would be a specific reason behind that.

[adzino]

Hi fellow Bitcointalknaires, to all this who have been here before me and those who have been investing in crypto for the past years have there been any cases of projects with a good hardworking team that give their best shots and yet the project still fails? Tell me one project that face this same fate.

I doubt there would be any such project that would fail where the team is legit and is actually working hard to bring out something. As long as they are trying and is providing something unique or at least solves problems that current projects are facing, they won't fail. Look at different top 50 projects. There are many that were nothing years ago, but they are worth something now. As long as the devs don't give up, the project won't fail.

[Blowon]

it's definitely there, even if you're a year here, you'll find it too. It's not just projects that don't pay off and then run away with investors' money. This is even more painful than that, they will not pay the bounty hunters even when their project is known to many people, I have experienced this during the past 4 years in following the bounty, some bounty hunters do not hesitate to attack the social media of the project because they are not paid properly. Examples are digitalbits, tokenpay, payaccept. Some may pay inappropriately it's just as painful.

[wiss19]

Everyone can give out their very best and yet the results are still not great enough. Investors are still not going to get attracted to their project, that is why they can still fail. Some only gave minimal effort and the outcome is fine already but how much more if they will maximize their potential?

Investors will be dying only to get them. The projects that are fated to doom are projects whose teams are less experienced and have no real interest in the project that they are building. The only reason why they insist to continue is because they are trying their luck. They know that the crypto field is profitable. This is why it's recommended to research the team and their backgrounds before investing.

[Bartustuntas]

This list definitely does not include Fanfury. So there is nothing to worry about. Just make money on your favorite sporting events. In the Fanfury project, the system reduces risk to value and protects FURY token holders through the association of value that is established between use and offer.

[GEMIN_M4]

Hi fellow Bitcointalknaires, to all this who have been here before me and those who have been investing in crypto for the past years have there been any cases of projects with a good hardworking team that give their best shots and yet the project still fails? Tell me one project that face this same fate.

a lot of good projects and sad endings, even now the coin is still on several exchanges, that project is NXT,
NXT is one of the old crypto projects that is currently in a slump, even their development is also dead, no exact information,
the price of NXT too experienced a severe dump and really sad

You dont have to be sad because NXT performed worse, this is why diversity is very important when investing in crypto projects, don't put all hopes on a single crypto project it is wrong, also if you are still holding this NXT do not sell, there are few cases of dead projects bouncing back to life, one day this project might make a vengeful comeback lol.

[SistaFista]

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Actually no, there are many projects that just wanted money from investors and not how they value their services offered globally. Many projects tend to be just a copy-paste of another project for the said reason. If they are indeed hardworking and wanting to do business, they will do extensive research just to find out on what the people need these days and not on what they really needed to the core.

Indeed, there are many of them using same concept and idea from success projects out there.
What investors need is some new projects with a new idea and marketing strategies to reach other people because marketing strategies is very important beside the plan for the project in the future.

[RussianEnglishTranslation]

Hi fellow Bitcointalknaires, to all this who have been here before me and those who have been investing in crypto for the past years have there been any cases of projects with a good hardworking team that give their best shots and yet the project still fails? Tell me one project that face this same fate.

I think that 90% of projects will eventually fail because they were just money grabs or science experiments from the start. Some projects have good tech but they have bad marketing or something goes wrong with the team or a contract. Long term, I've placed my bets on these cyrptos. I think they are in the 10% of those that are going to succeed.

ICP, 0xMR, IOTA, UTNP, XRP

[DevFile90]

It makes sense that many altcoins are popping up because they keep giving new investors chances to make more money, the biggest money I've made from crypto is from shitcoins and low market cap gems, better profits come from new altcoins compare to altcoins that have already did 10X or more.

[Vaculin]

A huge majority of projects are fated to doom. Due to the simple fact that 99% of project tokens are useless, and add to the fact that most businesses and startups in general fail inside and outside the cryptocurrency space. So if you're thinking that crypto investing is easy, nope.

This is the reality not just in crypto, but even outside crypto. Everything is associated with risk. And since no project that will guarantee profits, if they cannot succeed, meaning they will end up failing. Even bitcoin does not guarantee profits after all, we only know it will continue to grow its value, but we don't know when will it last, so everything may still end up  to doom.

[Johnyz]

It makes sense that many altcoins are popping up because they keep giving new investors chances to make more money, the biggest money I've made from crypto is from shitcoins and low market cap gems, better profits come from new altcoins compare to altcoins that have already did 10X or more.

The real volatility usually came from a new project, you can expect new investors to come but of course they will sell later on and that makes many people lose their money. If you have a fast hand to buy and sell, you’re good but if not better not to buy at all. There’s a lot of fake projects, and projects that didn’t get the interest of the investors, they are meant to fail and most probably they will come here again to try and introduce the same old scheme so be careful.

[strunberg]

A huge majority of projects are fated to doom. Due to the simple fact that 99% of project tokens are useless, and add to the fact that most businesses and startups in general fail inside and outside the cryptocurrency space. So if you're thinking that crypto investing is easy, nope.

This is the reality not just in crypto, but even outside crypto. Everything is associated with risk. And since no project that will guarantee profits, if they cannot succeed, meaning they will end up failing. Even bitcoin does not guarantee profits after all, we only know it will continue to grow its value, but we don't know when will it last, so everything may still end up  to doom.

even top project could be failed if there is internal conflict between developers team , project will not runnin smoothly there will alot obstacle that will face them in future. in reall business if didnt prepare well from start everything will failed and not achieve target. everthing depend on who behind the project and how they managed it so could running well. risk will always occur when there is profits there.