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Author Topic: Which one do you think its more healthy for a project  (Read 748 times)
TheUltraElite
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August 09, 2022, 09:30:10 AM
 #41

I think roadmaps is the most important thing, if the team in terms of development couldn't stay true with their roadmaps then what's the use of roadmaps.
But your second statement is true for 99% of the projects out there. Roll Eyes

Quote
Most of the time these projects that achieve success are the ones that instead did more than their promised roadmaps, and that means their project gonna grow better than promised.
Roadmaps may be delayed but that does not imply a hugely developing project but an abandoned project in a 50-50 case basis, but in crypto is ends up being the second on in 99% of cases. This is simply because here there is nothing called "investor protection". I agree to that argument that crypto is a wild west and people are responsible for their own investments ("grow up" semantics by many people) - even then a professionally done investment needs some justice.

Roadmap, Whitepaper, Tokenomics are buzzwords created by ICO owners (=scammers in disguise). This has been proven in the last 5years and therefore I recommend newbies to stay away from them.

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August 09, 2022, 12:13:00 PM
 #42

delay and maturation of one project does not mean that the project failed, because as we all know it takes a process, if the project does not match the road map, I think it's normal that behind it there must be a reason why it's outside the map,
but this can also make investors retreat slowly when the road map does not match reality

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August 09, 2022, 12:44:49 PM
 #43

Most especially new projects do you think its healthy to rush things up or take a lot of time and gradually release updates and follow roadmaps slowly? There are some complains that most projects aren't following the exact timing on their roadmap and some even takes this is Red Flag.
As an investor, it was a big factor in choosing a project that has already been established, not just about to start as this possibly ends up scamming and losing your money. Those complaints that you have heard are true and valid, most of the new projects are shortcuts, they want easy money bringing back the capital too fast. But unfortunately, this never helps to become successful as it literally needs investors that are willing to stay and sadly they are not due to their lousy performance and ain't following their roadmap.

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August 09, 2022, 03:48:16 PM
 #44

Most especially new projects do you think its healthy to rush things up or take a lot of time and gradually release updates and follow roadmaps slowly? There are some complains that most projects aren't following the exact timing on their roadmap and some even takes this is Red Flag.
Rushing things up is never a good idea especially when we consider the nature of cryptocurrencies, a single mistake can be more than enough for hackers to take advantage of the situation and steal millions of dollars, and we have examples of this almost every week, so without a doubt it is better for the developers of new coins to take their time when developing their coins and even more importantly to not impose themselves milestones they will not be able to achieve, because when they fail to follow their roadmap and fall behind it their investors will begin to lose confidence in them.
That’s a problem that new projects have because they do not care about the aftermath of the release. They care about the situation they are in until they make their money, when the team gets their funding and then the project gets hacked or anything, all they think about is the fact that they still have the money for it and that’s fine.

As long as we have teams behind projects that only care about their own situation and that’s fine, we shouldn't really be shocked about it because they would of course think about their pocket first. But the ones that care about creating a new thing, a new innovation to blockchain tech? That’s what will go up a lot for sure, and that’s what we should invest into.

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August 09, 2022, 03:59:04 PM
 #45

~
I can recall one of my colleagues joining one of the NFT hypes that was a casino-related and they surely waited for the mint of the NFTs this June, but it turned out to be just a dud. The NFT sale got delayed and they were forced to halt the marketing campaign and just focused on getting sales for now.
There are times that these happen and it sucks for them.
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August 09, 2022, 04:09:11 PM
 #46

I think having delay is okay as long as there is reasoning behind it and considering the fact that if the delay was truly necessary and if they forcefully push their development then the results will be bad.
I think even startups in real world are also having delay and that's definitely fine. Moreover I think these delays are kinda irrelevant with the value of the coin itself since usually the result is the thing that matters more.

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August 11, 2022, 08:59:30 AM
Last edit: August 14, 2022, 05:03:27 AM by Silberman
 #47

Rushing things up is never a good idea especially when we consider the nature of cryptocurrencies, a single mistake can be more than enough for hackers to take advantage of the situation and steal millions of dollars, and we have examples of this almost every week, so without a doubt it is better for the developers of new coins to take their time when developing their coins and even more importantly to not impose themselves milestones they will not be able to achieve, because when they fail to follow their roadmap and fall behind it their investors will begin to lose confidence in them.
That’s a problem that new projects have because they do not care about the aftermath of the release. They care about the situation they are in until they make their money, when the team gets their funding and then the project gets hacked or anything, all they think about is the fact that they still have the money for it and that’s fine.

As long as we have teams behind projects that only care about their own situation and that’s fine, we shouldn't really be shocked about it because they would of course think about their pocket first. But the ones that care about creating a new thing, a new innovation to blockchain tech? That’s what will go up a lot for sure, and that’s what we should invest into.
It is common that developers do not care about it, after all since we have so many coins in the market developers feel they need to give results as fast as possible to gain the attention of the community, but the problem with this approach is that sooner or later a hacker may realize of the several weaknesses that exist in the code and then they will take advantage of it, but by the time the hack is discovered there is not much to do, and the project and their developers will lose their reputation and the ability to bring fresh funds to their project.
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August 11, 2022, 09:34:04 AM
 #48

I personally believe if a project that can follow all of its roadmap will become a healthy project and why? this project can fulfill their promise and so the developers show its competence to develop the future of platforms. You can imagine if the developers already mentioned big exchange listing on its roadmap and then it comes true and you will be getting a lot of benefit from there. This is why always following the project that can fulfill their promise is a must

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August 11, 2022, 09:54:10 PM
 #49

I think they act according to the state of the market. If the market goes well, they explain the developments on their roadmap. If the market goes bad, they delay the developments on their roadmap. They create a story for themselves. I don't blame them because they act in their own best interests. I think it's bad behavior, but they have to do it.

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August 11, 2022, 10:55:10 PM
 #50

Most especially new projects do you think its healthy to rush things up or take a lot of time and gradually release updates and follow roadmaps slowly? There are some complains that most projects aren't following the exact timing on their roadmap and some even takes this is Red Flag.

There should be a respective timeline for their development plans, why rush things? Any good significance in doing that?

Aside from that, it's not even possible to do such rush plans as it might just result in poor execution.

That's why there's a timeline to give time to fully prepare for those respective tasks on the lineup.

It's common that most projects can't follow their roadmap but they should provide a valid reason for such delays. If it's reasonable, then you can extend your patience. If it's not, then clearly the project is not serious about doing their best to meet its goals.

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August 11, 2022, 11:05:39 PM
 #51

Most especially new projects do you think its healthy to rush things up or take a lot of time and gradually release updates and follow roadmaps slowly? There are some complains that most projects aren't following the exact timing on their roadmap and some even takes this is Red Flag.
What new projects need is how they can enter the market and be accepted by people so that they are willing to trade or buy and sell activities or invest in tokens or coins from the new project. The more developers have a lot of money, the better because they can list their new tokens on top exchanges or carry out various promotions so that the project is very famous, especially during listings so that it attracts people to trade.
Furthermore, after being able to attract many people, the next task is to develop the product or use case of the token. In addition, by providing strong developments according to the roadmap, it can make the project solid, especially considering the holders and community of the project.

R


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August 11, 2022, 11:19:19 PM
 #52

The Roadmap is a sort of basis to see that the developer is following the plan and the basis of its transparency to know where it was. It certainly takes so long if they follow the roadmap and in most cases, developers find a way to make shortcuts but unfortunately, this will lead to a worse scenario and make investors think there is something behind this project that turns them off from trusting.

They should have not done this in the first place once the roadmap is already published just to stop avoid any negative speculations. Or trust issues.

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rugrats
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August 11, 2022, 11:22:35 PM
 #53

it will be healthier for those who strictly follow their roadmap. I saw many of them stalled due to market conditions so the delay brought the roadmap to a halt and the community faded away. I understand being in a negative market will definitely have an impact on public sales and launch prices but I think it will break even with the trust from the community for a project that always follows the roadmap on time.
Strictly following the roadmap is something everyone wants, but as you say, it is difficult or even impossible because there will be so many impacts that we cannot foresee. The delay is there, we can sympathize with them as long as they always update and give regular reports to investors instead of delay and silence.

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LastKiss
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August 11, 2022, 11:39:40 PM
 #54

Most especially new projects do you think its healthy to rush things up or take a lot of time and gradually release updates and follow roadmaps slowly? There are some complains that most projects aren't following the exact timing on their roadmap and some even takes this is Red Flag.

Well if that project follows exactly the roadmap and the date still more or less then the project is doing fine I guess, many projects delay their progress nowadays because bear market as their excuse. They want their progress done along with a pump on their token price since in this bear market many people leave crypto there are not many people left who want to invest in a new projects. Rush everything absolutely not healthy as a new project.


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TimeTeller
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August 11, 2022, 11:40:32 PM
 #55

it will be healthier for those who strictly follow their roadmap. I saw many of them stalled due to market conditions so the delay brought the roadmap to a halt and the community faded away. I understand being in a negative market will definitely have an impact on public sales and launch prices but I think it will break even with the trust from the community for a project that always follows the roadmap on time.
Strictly following the roadmap is something everyone wants, but as you say, it is difficult or even impossible because there will be so many impacts that we cannot foresee. The delay is there, we can sympathize with them as long as they always update and give regular reports to investors instead of delay and silence.

Usually the delay is coming from the lack of funds or having insufficient funds.
So most projects can't move forward if they have no funds to begin with.
They have very good concept but if they can't secure funding, that's when they won't follow their roadmap.
This is why it is better to tap private investors if you do have promising concept. Don't rely from public sale.
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August 11, 2022, 11:42:58 PM
 #56

it will be healthier for those who strictly follow their roadmap. I saw many of them stalled due to market conditions so the delay brought the roadmap to a halt and the community faded away. I understand being in a negative market will definitely have an impact on public sales and launch prices but I think it will break even with the trust from the community for a project that always follows the roadmap on time.
Strictly following the roadmap is something everyone wants, but as you say, it is difficult or even impossible because there will be so many impacts that we cannot foresee. The delay is there, we can sympathize with them as long as they always update and give regular reports to investors instead of delay and silence.
Delays may be considered but doing shortcuts can make some negative assumptions about the legitimacy of the project and a sort of negative speculations. I guess we don't want to see the project with that as we know that TRUST is very important. That is why they should have to do their best to follow what has been stated on the roadmap, otherwise it could be a reason for the investors to become doubted and might their option not to invest this anymore.

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goinmerry
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August 11, 2022, 11:53:44 PM
 #57

Most especially new projects do you think its healthy to rush things up or take a lot of time and gradually release updates and follow roadmaps slowly? There are some complains that most projects aren't following the exact timing on their roadmap and some even takes this is Red Flag.

If things are rushed then it looks like these projects are not really serious.

How can they provide a better service if they are rushing things? How can they be sure that no problem will arise if they rushed their development? A good project shouldn't rush and should follow its roadmap at any cost.

If things were executed properly and smoothly on the roadmap, that's a + for investors and they might attract people too to be involved in their project.
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August 12, 2022, 03:25:24 AM
 #58

a new project that is slightly off the roadmap. or late to meet the roadmap. sometimes a potential scam. Healthy projects usually don't prompt them to buy. projects that are too many orders to buy with the lure of crazy profits really need to be wary of.

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gunhell16
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August 12, 2022, 04:59:06 AM
 #59

Most especially new projects do you think its healthy to rush things up or take a lot of time and gradually release updates and follow roadmaps slowly? There are some complains that most projects aren't following the exact timing on their roadmap and some even takes this is Red Flag.

That's why it's still important for a new project that will appear in the world of cryptocurrency to immediately have a Whitepaper, Roadmap, Team management, and transparency, especially if it will be managed by Bounty Managers whose criteria should be like those of reputable ones. BM here in this forum such as @Icopress, @Darkstar, @Cryptobrainboss, and others who rank high here in this platform can be said to be an advantage in the new projects that they will manage here.

Also, I don't mean that all the newbies who manage a project here in this forum are not legit, that's not what I want, as long as there is a development that is happening well and agree with their flow in the roadmap, it can be said that one this legitimate project of course.


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August 12, 2022, 05:26:34 AM
 #60

it will be healthier for those who strictly follow their roadmap. I saw many of them stalled due to market conditions so the delay brought the roadmap to a halt and the community faded away. I understand being in a negative market will definitely have an impact on public sales and launch prices but I think it will break even with the trust from the community for a project that always follows the roadmap on time.
Strictly following the roadmap is something everyone wants, but as you say, it is difficult or even impossible because there will be so many impacts that we cannot foresee. The delay is there, we can sympathize with them as long as they always update and give regular reports to investors instead of delay and silence.

Usually the delay is coming from the lack of funds or having insufficient funds.
So most projects can't move forward if they have no funds to begin with.
They have very good concept but if they can't secure funding, that's when they won't follow their roadmap.
This is why it is better to tap private investors if you do have promising concept. Don't rely from public sale.

Nowadays, there are very few publicly funded projects, the ICO form of crowdfunding is no longer active. As can be seen, current projects have raised hundreds of millions of USD from angel investors and large investment funds.
Therefore, lack of capital is not possible with top projects.
I think what causes their delay could be some technical issue like in case of ADA they are always late with their updates, but they still work hard and always update important information for investors, updates once released are almost error-free.

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