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Author Topic: New project success  (Read 1194 times)
isaac_clarke22
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May 04, 2022, 06:56:16 PM
 #41

~
Sometimes team can be faked out even if they are "complete" as an organization from CEO/President/CFO down to the employees.
I encountered plenty of red flags in project back in 2018 and they were almost all reported in Scam Accusation. Good thing I was not a full-time investor within those days.
For clear platform, the website and landing page should be at least professional and free from spelling error. Some stupid projects in the days were not even hosted properly just like in the previous shitcoin in here where it redirected me to a file manager of the website's CMS.
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May 04, 2022, 07:39:37 PM
 #42

Well, idk but I really wanna ask this question here, as we all are seeing lots of new alt crypto roaming around the crypto market. what are the factors needed for successful crypto projects, does anyone know?
- "Genuine" community
- Supportive and honest developer and development, sometime they are lying just to attract more investors, but they don't even do something on their development.
- Real world use case, people most likely when the project has this thing on their planner, because they don't want to invest on their bullshit only, they need something to prove.
- Clear roadmap and teams, this "clear" terms refer to they hide nothing and only write the truth on those thing.
- and many more

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Lordhermes
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May 04, 2022, 08:40:29 PM
 #43

Everyday new projects are innovated in the space. There are many reasons to know whether  a project will pump or not. One of the main thing to check if the project is going to be successful is to check the roadmap of the token. There are many scam projects out there,  even the ones that has been listed on coinmarketcap or coingecko. The only precaution steps a trader should check is to check price-tracking sites and know the market cap of the coin.Good projects brings good Profits and bad projects results to lost of money
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May 04, 2022, 09:06:09 PM
 #44

Well, idk but I really wanna ask this question here, as we all are seeing lots of new alt crypto roaming around the crypto market. what are the factors needed for successful crypto projects, does anyone know?

There are some projects that you see right now are still on the run while they were created more than years back. They have so many followers and believers, even today it is increasing. A project should be legit, not a ponzi scheme, with good devs in it that has passion of their work. Just see how Eth is, even higher gas rates hitting them but still used by all. They keep on upgrading and updated people nonstop of how will it be in the future. A good project has utilization on a daily basis, not stagnant and it is moving and traded by people, thus liquidated to the community. These are just some simple factors that some successful projects has, and there lots of them.
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May 04, 2022, 09:52:30 PM
 #45

you must to check the min streams, for now it is move to earn! check this projects, cause they are in the beginning just

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NicNacCoin
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May 04, 2022, 11:58:31 PM
 #46

If we look now, we can see that some projects are becoming more successful. For example, all the projects that are bringing a lot of APY are especially successful.E.g. Safuu Hughes amounts to success. It had APY 383025.80% Then there was Helena Financial Success. Helena Finance had APY 1,000,365%. At present I see such projects being the most successful.

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dunfida
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May 04, 2022, 11:59:39 PM
 #47

Well, idk but I really wanna ask this question here, as we all are seeing lots of new alt crypto roaming around the crypto market. what are the factors needed for successful crypto projects, does anyone know?
Utility and this is where demand would come from.

Some are just really that been dragged off with the hype despite on having no utility or usage at all.Success is never been guaranteed thats why
utility itself wont really be that an assurance.

Utility vs hype? We could still make out some debates about that.

MarjorieZimmermanGinger
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May 05, 2022, 01:19:51 AM
 #48

A complete team should be the initial need. Different people focused on different roles that were given. A good marketing strategy is also a big factor as the competition is broad it should be an inviting one to make investors purchase the product.
Clear platform, clear road map, and you should abide by it not like other new projects which keeps on delaying it or adjusting to a new date just because they cannot really do what they said, you will definitely lose a lot of support if that happens.

The concept of a new project with an old project is very different, the old project has had a much better community, marketing has run normally compared to the new project and investors trust the old project more than the new project, especially if there is a delay or adjustment to a certain date because For various reasons, this is what causes new projects to be trusted, even though not all of them have this view

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TravelMug
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May 05, 2022, 01:23:32 AM
 #49

I don't think there is a secret formula to become a successful project in crypto sphere. It is already written and the blue print is already there. Those projects that are successful have laid it down already for future projects. It's that the projects are not looking into that, instead they just introduce it to crypto sphere, with marketing and hype and that's it. New projects should study first those old projects like Ethereum, BNB or ADA or at least those in the top 10 and try to emulate them.

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May 05, 2022, 03:28:19 AM
 #50

I don't think there is a secret formula to become a successful project in crypto sphere. It is already written and the blue print is already there. Those projects that are successful have laid it down already for future projects. It's that the projects are not looking into that, instead they just introduce it to crypto sphere, with marketing and hype and that's it. New projects should study first those old projects like Ethereum, BNB or ADA or at least those in the top 10 and try to emulate them.
by looking existing project in crypto market which is need some improvement ,new project could developt it better. for example layer 1 project such as ethereum which is has problem in network especially speed and fee, so new project could developt on this problem to make their project better. and then we see another layer 1 blockchain such as solana,matic , avax which is recognized have lower transaction fee and better scalability. this is simple ways and work for from some new projects.

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May 05, 2022, 03:43:45 AM
 #51

Maybe how huge is the userbase and if the roadmap is 100% completed with no any problems, delays, etc., then I can say its totally a successful project. Most new projects have really interesting usecase but the problem is funding, as some devs pocketed money and never finished what is planned, this happens last 2017 wheres most projects collected millions and until now no product to show, failed one.

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May 05, 2022, 05:11:01 AM
 #52

Developers are too repetitive on their projects this day, they need to come up with something very new and fresh, enough with a little change or solving a problem that a project has, all these are mere repetitive steps, I still believe that there are so many use cases that haven't been put to test on the blockchain yet.

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May 05, 2022, 05:51:27 AM
 #53

Well, idk but I really wanna ask this question here, as we all are seeing lots of new alt crypto roaming around the crypto market. what are the factors needed for successful crypto projects, does anyone know?

The success of a crypto asset largely depends on the hype around the project created by the marketing team and the community itself. A token may have all the utility in the world, but if no one is interested in buying it, then it will most likely remain unclaimed. The advantage for the project is the shortage of crypto assets. The circulation and maximum supply of a crypto asset gives investors an idea of how this asset can perform in the future.
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May 05, 2022, 06:39:41 AM
 #54

The success of a project certainly has a great influence on the team working on the project, and currently there are very many new projects but only part of which we can rely on, in addition to the scamer a lot of projects that end without any final completion so that many investors experience losses, then the main factor of success of a project is the team that is always active in responding to every problem that exists.

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May 05, 2022, 07:44:49 AM
 #55

Quote
Currently there are indeed many new projects present and we are confused in choosing the coins that we want to invest, so that more in holding coins we must first see the team that manages the project, if it is always active then the project will definitely be successful, besides that we also have to see the whitepaper of the project because the whitepaper is a picture that can make a project can be successful.

Exactly, there are many projects in the community but you need to carry out your personal research to know the one that will be successful in the future by knowing the details about that project before investing your money. I think the population of people that applied for the project will determine how long the project will be successful. If the population is too low don't invest your money on such project but if the population is high in the community, just know that the project will bring good income at the end of the project.

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May 05, 2022, 12:41:37 PM
 #56

Well, idk but I really wanna ask this question here, as we all are seeing lots of new alt crypto roaming around the crypto market. what are the factors needed for successful crypto projects, does anyone know?
It's getting harder and harder for a crypto project to be successful. In order to get listed on exchanges, you need to raise at least one million dollars from the public, which puts you at risk of being a security so you had better raise another 3 million to cover the future lawyer fees. Plus you need to pay the devs and team, so that's another 2 million dollars. You also need to pay market makers another million dollars or else coingecko and coinmarketcap won't track your coin and no one will buy it. You need to have an active marketing team and you need vc investors who can get you publicity from people like bitboy crypto or articles on coindesk. Since a large portion of funds are coming from VC, you need to pay the devs out of your pocket to create something for your business development staff to show off to them. In order to gain an audience with VC you need to already be connected to them in some way, former employee, employee, friends with a vc employee or be of the same religion or mason. God help you if you invest in this project because the vc will surely dump on you because they bought most of the supply at under .10 and most of the funds raised are going to go to lawyers anyway because the SEC is going to come after your butt for running an illegal fundraising event.

Now it's not all doom and gloom. Some projects like Hedera Hashgraph already settled with the SEC and have plenty of funds to continue. Dfinity raised enough funds that it can continue development for decades but most other projects are vulnerable. One way to get around this for now is to invest in mineable coins and tokens that had no ICO, like uplexa or 0xMR.
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May 05, 2022, 01:08:35 PM
 #57

It would be good if there were any rules for the new project.we are see always new project don't be going to success.Need to update rules and team are always active in the project.Lots of altracoin in new project and many of the people don't dictate which coin buy this.The amount of altracoins is increasing every day and they depend on a new project.That's why people can't depend on new projects.

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May 05, 2022, 03:18:34 PM
 #58

My first answer is > Good Team and a Good Leader
Second answer is > Good Team and a Good Leader
Third answer is >  Good Team and a Good Leader

What is a good project without a great CEO and his professional team members? This is why I keep saying that blockchain project isn't for everyone, just because you have a idea doesn't make you a qualified developer.
In my opinion you should adjust many point in your mind like here.
1. Professional CEO and development team.
2. Lot of partnership with another successful project.
3. Very smart community of support for investors in 24 hours.
4. Clear roadmap with avoid fake promise.
5. Confirmed listing more popular exchange in the future.
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May 05, 2022, 10:06:25 PM
 #59

The team board behind each project has always been the strongest and the most important factor in every successful projects.

They plays the key factors from the onset of whitepaper creation, laying of road maps, the zeal to convince the community, the aid to persuade the investors etc.. They're always the ones behind every of these mentioned roles.

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May 05, 2022, 10:30:13 PM
 #60

Well, idk but I really wanna ask this question here, as we all are seeing lots of new alt crypto roaming around the crypto market. what are the factors needed for successful crypto projects, does anyone know?
As the number of the crypto project keeps on growing, will expect tough competition, and investors will look to some things;

 - liquidity
 - usable aim of the project
 - credibility of the developer/owner/site
 - transparency
 - consistency
 - support system

I don't buy coins that are built with hypes as this never takes longer to sustain, and it dies later.
It is too hard honestly to choose from these new projects as they are not yet proven credible. But yes, we can't just tell if we don't try either.
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