How important for the Crypto project to fulfilled their promises?

[masterrex]

Being true and objective to all their promises is very important to any crypto project. Because it will create an impression about our character especially the team. So why some projects team are not true and objective to their promises and they keep ignoring their promises like it was nothing. Is it really the nature of the crypto industry or it was a sign that the project team is planning something that we should not ignore. like exit scams and other forms of fraud. drop your opinion below!   

[Leonardo]

Fulfilling promises is really important to each project. It's the solid proof to show that the team are seriously working on their project. If  they fail to do so, it means they set their goals too high or simply because they didn't put enough effort. However, there are exceptions sometimes. For example, under the effect of Covid-19, many projects are struggled with finance and may not deliver their promises timely.

[Master107]

How important? Really it is important to fulfilled promises if possible but some team consists of anonymous person that copied the identity of other. That's fake clear scam.
There are different scenarios as you know the status of market volatile.
There are projects with good intentions unfortunately along the campaign the team realized they cannot overcome the pressure within the market.
The team would play with with one either intentional or unintentional.

[Istiak]

I think every crypto project should keep developing or it will lose its value to the market. Many projects try to fulfill their promise but the world is moving so new problem is coming day by day. Every project should adapt to those situations and keep developing with people's needs. If they do not understand that then that project can lose their value.

[I-Bit]

Is it really the nature of the crypto industry or it was a sign that the project team is planning something that we should not ignore. like exit scams and other forms of fraud.

NO, it is not the nature of crypto industry. It's purely due to the badness of the project teams, they have the intention to get instant money by scamming people. If they are serious, they must keep the promise and continue the project until successful. That's what I can understand in this case.

[Andruha1993]

According to my observations, about 95 crypto projects out of 100 do not fulfill their promises and never answer questions. They just get money and wash their hands.

[Davitsvan]

When the boom of the crypto industry began, many realized that you can make money on this, deceive people and they will not get anything for it. That's why so many projects led to ICO, and then just disappeared with people's funds. There are thousands of such projects

[Bobcrypto]

Yes, actually during the boom of crypto projects dates back from 2015 to 2017, there were many ICOs that was successful, but unfortunately people saw this boom and the inflo of huge capital, which led many people into scam ICOs.
If you check back the memory of these ICOs, there were sincerelity amount new start up projects untill fraud came in because of Creed.

However, I think there are many projects that are very sincere to investor, traders and hunters may be because the era of ICOs is gradually fading away and has paved the way for IEOs.

[OptimusPrime]

it's very important if projects keep to the promises, especially concerning developments as that will make the project more trustworthy and can attract new users or investors. except for a deceptive team then we could expect something unpleasant.

[Seerge]

For a good Cryptocurrency project this should be very important, because by keeping the promise they will get full trust from the community.  If the community has put confidence in a project, then that will make the project can develop quickly.  And only Cryptocurrency project scammers break their promises.

[hushpupppy]

I agree with you, but lately there are several cheats across the crypto currency sphere that do not keep to the end of the bargain or fulfil their words and agreement with others.

If we use digitalbits as a case study, they have failed to pay hunter over a year now, blackmailing hunters as a virus, so many unnecessary panics around that could well be avoided.

[Confero]

Of course it is very important, to keep their word.  If not it will certainly destroy the big name Crypto in the eyes of the world.  But in reality, the developers of the Cryptocurrency project did not think about this, as evidenced by the large number of scammers who sought profit by not occupying their promises.

[Davitsvan]

I think those fraudulent forms that were at the peak of the ICO in 2017 are already in the past, every year the regulation of cryptocurrencies is going for the better, some scammers are caught, some are fined, whatever it is, it benefits the crypto industry

[abdmuiz]

much of what the dev promise is nonsense because some of them aim to deceive the investors from the start

[Jaguar]

Promise is necessary to attract investors. Project without a promised is like a project without clear future. Promise is part of business to ensure that they are prepared concrete plans to fulfill. Unfortunately, there are project went wrong and became dead.
And I also think that promise in this kinda ecosystem flows the same volatile.