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Author Topic: New projects are just for Raising Funds..  (Read 13280 times)

Offline Delgboke

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Re: New projects are just for Raising Funds..
« Reply #15 on: December 22, 2020, 05:48:46 AM »
In every cryptocurrency project there are people behind it, the owner of the projects and its team this people make up of the new project that want to raise money for the continue of the projects, I think the team that behind such new crypto project should be asked series of questions concerning the fund they raised through the project to know weather they are using the fund to backup the project listing in serveral good exchanges in the future.
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Re: New projects are just for Raising Funds..
« Reply #15 on: December 22, 2020, 05:48:46 AM »

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Offline Fenix

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Re: New projects are just for Raising Funds..
« Reply #16 on: December 22, 2020, 06:35:39 AM »
The fact that during the period of the ICO or IEO the project team pays the main attention to fundraising, this, in my opinion, is absolutely logical. Each new project needs finance for successful development. However, each team has different experience in the market and business. Therefore, in many ways, the further progress of the project depends on how correctly the team can dispose of the funds raised.

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Offline Jaguar

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Re: New projects are just for Raising Funds..
« Reply #17 on: December 22, 2020, 06:38:57 AM »
In my opinion, new projects turn into meaningless due to unpredictable market movement despite the team visualized the possibility when the the token listed. The team cannot control the mindset and decision making of every investors/traders. Once the budget turn into 30/70 70% lost 30%remaining. The project is in danger position. The most hurtful one is when the budget turn to zero, the team will close the project or before it turn to 0, they will migrate to new projects to recover.

Offline vitek146

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Re: New projects are just for Raising Funds..
« Reply #18 on: December 22, 2020, 09:36:58 AM »
The environments of those few projects whose appearance we see in the crypto world that really want to create a working product that will develop and present new, innovative products that can change our world for the better, there are a lot of unscrupulous projects. The goal of most of these projects is short-term profit, that is, to collect as much money as possible and go into oblivion. This is a very big problem, both at the present time and in previous ones. All we can do in order not to lose our funds is to more and more thoroughly analyze and check the project, the team and their goals.  :(

Offline KKH84

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Re: New projects are just for Raising Funds..
« Reply #19 on: December 22, 2020, 10:33:17 AM »
Now a days most of the projects are busy to collect funds from investors but projects ceo do not think a little bit about investors. Finally the projects are turning to shit or scam projects.
I agree with you, but only in part.  Sometimes I think why they (new companies) don't have more funds, for example, before they start a project, they should have their own funds, at least 50-60% and not depend all of the IEO results.

Offline tor

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Re: New projects are just for Raising Funds..
« Reply #20 on: December 22, 2020, 04:36:22 PM »
I also noticed this pattern even earlier, since about 2018, many projects have been collecting money for and after that their tokens are greatly falling in price, why buy on IСO if you can later buy cheaper when the price falls

Offline Quantum X

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Re: New projects are just for Raising Funds..
« Reply #21 on: December 22, 2020, 04:40:29 PM »
This is very common but I believe most of the time the victims were the traders specially the new ones and not the investors. Because the investors purchased the coins during the presale in a cheap price with bonus.

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Re: New projects are just for Raising Funds..
« Reply #21 on: December 22, 2020, 04:40:29 PM »


Offline Callisto

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Re: New projects are just for Raising Funds..
« Reply #22 on: December 24, 2020, 05:53:18 AM »

Unfortunately, this is true, some projects are launched for this purpose, sometimes it is very difficult and sometimes impossible to discern this problem when choosing to participate in a particular project.

Offline Falcon

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Re: New projects are just for Raising Funds..
« Reply #23 on: December 24, 2020, 07:24:51 AM »

Unfortunately, this is true, some projects are launched for this purpose, sometimes it is very difficult and sometimes impossible to discern this problem when choosing to participate in a particular project.

Those kind of doing is so inhumane because victims money are not from free give aways. Once the scammers collected the money they will surely run the money and leave the project. We must be careful to invest.

Offline mr.Robot

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Re: New projects are just for Raising Funds..
« Reply #24 on: December 24, 2020, 07:39:55 AM »
Raising funds is not a crime, I think.  A project needs a lot of funding to succeed, so they do so much for funding.  The problem is when they do not follow their roadmap even after receiving the necessary funding.  This deceives all the people who work hard behind this funding.  Again not all new projects can meet their targets, but it shows that they have done so.  The reason for this is to attract big investors by showing these.

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Re: New projects are just for Raising Funds..
« Reply #25 on: December 24, 2020, 07:52:56 AM »
New investors are certainly very fond of private sales, because they will get a lower coin price with a big discount, a variety of new projects will do this for project development, but after a successful project is expected to increase the token price from the initial sale value, each project will do the same thing if the project is real, this is made so that investors are not disappointed when new projects appear and are listed exchanged, the price will increase then decrease slowly
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Offline Baroksz

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Re: New projects are just for Raising Funds..
« Reply #26 on: December 24, 2020, 08:36:41 AM »
from past few months i noticed that 99% of new projects pump in their starting days but i know thats a bot trading . after raising funds and collect huge money they announcing about list there project in new exchanges and start real trading then all investors who bought the coins at the price of for example 0.25 in pre-sale and want to sell on 1$ . then what happens i think we all know whats next .
"Dump" was just the answer.  if there are no investors who consistently support the project, sell all of its assets.  because assets are like stocks. the project will go bankrupt.  no one wants to be blamed and no one wants to loss.
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Offline Galley

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Re: New projects are just for Raising Funds..
« Reply #27 on: December 24, 2020, 07:47:49 PM »
Any project requires investments for its development and promotion. You can't do without it. A good team, raising funds, already plans in advance how it will manage the financial support and investment security of the project. Scammers do not need it.

Offline bigcash2011

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Re: New projects are just for Raising Funds..
« Reply #28 on: December 24, 2020, 09:23:13 PM »
Yeah it has been like that and i have seen projects that achieve good stable price at the start because they use bots and market making services but as soon as all tokens are released they turn of market maker services and the price dumps to way below expected levels, I think all these projects should try to launch quality products and then they should launch their tokens on exchanges for price stability.

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Re: New projects are just for Raising Funds..
« Reply #29 on: December 24, 2020, 11:00:18 PM »
This fundraising is done by the project team to get the money that will be used to develop the project, if they are successful in this way the project will have large capital for everything. But what is dangerous is the project team who turns out to be scammers, because the money they get from this fundraising will be taken away for their personal gain.

 

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