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Author Topic: Why do some project developers like copying  (Read 232 times)
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April 25, 2022, 07:20:05 AM
Merited by Z390 (2), Pmalek (1)
 #1

I think its a foul play if a project team that has a utility like privacy or swap tries to go metaverse and play2earn all of a sudden, why are developers of today like this? I just believe that they have accepted their failure and trying to look into what's currently trending but what they fail to see is that some projects have maintained their single use cases for years until their time comes around and things start going well,  before play 2 earn games became a big thing today few projects have been around for quick some time.

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April 25, 2022, 07:34:08 AM
 #2

When they're copying a hype stuffs, pretty sure the project is 100% scam since they're looking a quick profit and can't maintain their real project goals. However if their old project is already copying other projects e.g. fork, it's already scam. It's not recommended to follow hype projects, yes if you're lucky you can earn huge profit, but if not you will lose anything.

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April 25, 2022, 07:54:05 AM
 #3

It shows they have no good intentions for their project in the first place, going for another utility means they are in for their own pocket only, if a project is originally a metaverse project it is easy to implement play to earn games, still right on the same path but if a project was all about privacy and security then suddenly they make a jump into meme, play 2 earn or metaverse its a Shitcoin.
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April 25, 2022, 10:24:12 AM
Merited by ABCbits (1), Outhue (1)
 #4

That's mostly how open-source software works. Scams and blatant cashgrabs aside, developers can fork a project's code and modify it if they think that they can make it better one way or another. The same reason why we have so much favours of the Linux operating system.

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April 25, 2022, 10:28:41 AM
 #5

I think its a foul play if a project team that has a utility like privacy or swap tries to go metaverse and play2earn all of a sudden, why are developers of today like this? I just believe that they have accepted their failure and trying to look into what's currently trending but what they fail to see is that some projects have maintained their single use cases for years until their time comes around and things start going well,  before play 2 earn games became a big thing today few projects have been around for quick some time.

It's not a foul play if they improved the original idea and make it better. Litecoin and other Bitcoin is almost same scenario buy they just diffon some protocol since the developers think that it's better than the original project. People has different preferences and it's normal to copy what's the trend then improve to make it better product. This is happening even in the physical market since this is what we called competition. This kind of competition makes the project strive to become better against others.

There's an exception with this, Those project that blatantly copying other project with mediocre project just to gather funds from investors.

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April 25, 2022, 03:07:58 PM
 #6

Most companies have been known to either attempt to acquire a rival or actively compete against them to eliminate them (this feels like the same thing but in crypto/open source space).

It might come from a place of developers feeling bad for the trust/faith they got from their initial investors, or, as said above it might be just them trying to get more funds (especially if they release a side token/auction).
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April 25, 2022, 03:38:41 PM
 #7

For profit of course. The team usually gets the most allocation. And of course they're not going to dump it away that easily. The real competition is who among them will be eligible for adoption by other companies (even competitors) so that they don't have to break their own prices.
Actually they can propose improvement ideas from existing projects if they honestly mean just to preserve because they like the basic concept. In fact, we are basically in a business space where you always have to make a profit.

This space for rent.
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April 25, 2022, 04:31:42 PM
 #8

Ride the hype wave, that's why. They abandon their original ideas or complement them with the newest crypto trends because they aren't getting the response and the cash flow they originally expected. To change that, they take the easy route. Let's introduce whatever the kids are playing with these days. Not that long ago it was DeFi, then NFTs, and now the term metaverse keeps popping up all over the place.

When was the last time you heard someone say ICO or IEO? It's old news and isn't trendy. People have gotten tired of it. Come back in 3-4 years and something else will take over the NFT and metaverse craziness we have today.

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April 25, 2022, 06:51:27 PM
 #9

What do you expect? There are thousands of crypto projects out there that are faking everything including their use cases and utilities, using that to lure people into thinking that they may have found the real next gem but the whole purpose was to get their hands on money and slowly abandon the project.

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April 25, 2022, 07:19:23 PM
 #10

I think its a foul play if a project team that has a utility like privacy or swap tries to go metaverse and play2earn all of a sudden, why are developers of today like this? I just believe that they have accepted their failure and trying to look into what's currently trending but what they fail to see is that some projects have maintained their single use cases for years until their time comes around and things start going well,  before play 2 earn games became a big thing today few projects have been around for quick some time.
That could be a flag, a flag to be cautious.
Ideas are what breeds and pushes a a project. That's why we've got several of unique blockchains and also have some project anchor on those of others.

When there isn't a unique idea about a project, it becomes a sign of some possible pump and dump whatever in play, a rushed job for which, the developers just wants to pick up what they can and live. Sadly, the cryptosphere is one place this can happen and nothing else could be done about it after its done.

Buying into a project means, buying into the ideas of the project and not many people do that. Some just buy because a new project is out and that's it. No reviewingnof white paper and what have you.
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April 25, 2022, 08:24:41 PM
Last edit: April 25, 2022, 08:47:05 PM by Doan9269
 #11

I think its a foul play if a project team that has a utility like privacy or swap tries to go metaverse and play2earn all of a sudden, why are developers of today like this?

We have to understand the desirability of the developers to withstand the challenges of competition in other for it to stand out, this developers have the idea and insight but lack two determining factors which are capital or access to fund and power, they must do what their comoetitors are doing in other for them to be among their category as we all know that the metaverse is the latest technology in town as this develooers must as well upgrade to that in other to het recognition but at the cause of doing this, there project got stucked on the way due to lack of proper funding to finish it into a successful one, they also lack the political power and influence that can triggered their success bit instead they face government regulation policies to worsen the case.
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April 25, 2022, 11:26:14 PM
 #12

If there is certain team project do the similar ways or copy or do some similar concepts, it means that the worth of the coin is not there.
Many new projects are following the previous ones, based on  hype, only focus on getting money but not willing to make certain uniqueness.
additionallu it means that the project is not recommended for investment.
This is like what always happen so far such as what happen to Doge and others

R


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April 26, 2022, 07:39:24 AM
 #13

Ask yourself what type of projects find this easy to do in the first place? I believe the existence of such projects in the first place is to copy other strong altcoins in the market, they don't build themselves from scratch, so right from day one it's already in the blood, tell me, what do you expect? This is the only thing they know how to do.

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April 27, 2022, 08:36:43 AM
 #14

It is rare to see people starting something from scratch without trying to use what others have used in the past, there are millions of dollars to be made in crypto space and that is enough for people to start pretending like they have an idea how blockchain runs, there are whitepapers to copy, there are hundreds of use cases to copy, what's next? They will just use a different name, website design and tokenomics.

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FuloosIO
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April 27, 2022, 09:39:04 AM
 #15

I think its a foul play if a project team that has a utility like privacy or swap tries to go metaverse and play2earn all of a sudden, why are developers of today like this? I just believe that they have accepted their failure and trying to look into what's currently trending but what they fail to see is that some projects have maintained their single use cases for years until their time comes around and things start going well,  before play 2 earn games became a big thing today few projects have been around for quick some time.

Developers a good majority will just copy ideas as they lack the innovation to deploy their own ideas, but some will copy the idea and then improve and change the style of the idea to fit their project.

But copying ideas isn't always too bad, because the next developer could expand the idea into an improvement with new ideas and logical steps that other communities could be looking for.
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April 27, 2022, 12:05:19 PM
 #16

In the crypto space hype brings lot of money and these fake developers wont hesitate to take the advantage of any present hype just to make money, it's good you can identify such projects just try to avoid them at all costs and look for projects that are more realistic on following what they believe .

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April 27, 2022, 01:03:26 PM
 #17

Ask yourself what type of projects find this easy to do in the first place? I believe the existence of such projects in the first place is to copy other strong altcoins in the market, they don't build themselves from scratch, so right from day one it's already in the blood, tell me, what do you expect? This is the only thing they know how to do.

I see that many fake projects that resulted to scam or waste of time started from plagiarising other successful projects, the thing is we are not discouraging any new technological innovation but it has to be base on their own personal research and findings then later they may choice to implement some functions by learning from what the existing projects offers and try to create an improved version, but i got surprised even at seeing some project readyb failing right before their launch because of their inadequate plan and preparation.
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April 27, 2022, 02:29:18 PM
 #18

And that is not to wonder why these projects end fast as they are also following useless projects. They'll end up together...
These clone strategies made by scammers seem to have been started since ICO time and it was then carried on to the present where we can see these metaverses, NFTs projects, and P2E platforms going fast to spread but just to see how fast they died. It eventually does not really see it good and it tells how bad they are doing to the market, it certainly ruins the trust of the people.

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April 27, 2022, 03:15:36 PM
 #19

Take it or leave it, the fastest way to make money as a developer in crypto space is to copy others work, find a project with good utility and release a better version or add something the first one don't have, this has always been the game for many new projects showing up this days, do your own research and avoid getting trapped in such project.

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April 27, 2022, 05:03:55 PM
 #20

You can think of two things why:

 - The easy solution: Many developers are looking for the easy option to solve a problem for one of the blockchains, for example, most of the hard fork of Bitcoin adopts solutions such as increasing the block capacity, increasing the number of coins, decreasing the average block finding and so on.

 - SCAM or quick earning: the optimal solution requires time, and users, when they find a solution to their problem, do not think if it is ideal or just an easy solution, and therefore they may invest some of their money in such projects.

Overall, the absence of a clear plan for the developers is a good indication to stay away from investing in that currency.

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