follow us on twitter . like us on facebook . follow us on instagram . subscribe to our youtube channel . announcements on telegram channel . ask urgent question ONLY . Subscribe to our reddit . Altcoins Talks Shop Shop


This is an Ad. Advertised sites are not endorsement by our Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise Here

Author Topic: The reason behind the death of most crypto projects  (Read 37427 times)

Offline Gwatan

  • Jr. Member
  • *
  • Activity: 49
  • points:
    1757
  • Karma: 1
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: August 19, 2020, 03:45:57 PM
    • View Profile

  • Total Badges: 9
    Badges: (View All)
    10 Posts First Post Karma
Re: The reason behind the death of most crypto projects
« Reply #105 on: August 10, 2020, 12:32:17 PM »
I think the main reason for a long-term project is trust from the community. Even though the project has been listed on several major exchanges like Binance, they still face failure. That's why Binance likes to delist several projects every quarter. Pay attention to the product, service and future planning, that is the factor to maintain the number of users.

Altcoins Talks - Cryptocurrency Forum

Re: The reason behind the death of most crypto projects
« Reply #105 on: August 10, 2020, 12:32:17 PM »

This is an Ad. Advertised sites are not endorsement by our Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise Here


Offline jacaf01

  • Baby Steps
  • *
  • Activity: 39
  • points:
    1659
  • Karma: 0
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: January 23, 2024, 08:08:23 AM
    • View Profile

  • Total Badges: 8
    Badges: (View All)
    10 Posts First Post Fourth year Anniversary
Re: The reason behind the death of most crypto projects
« Reply #106 on: August 10, 2020, 02:15:29 PM »
There is no doubt strong community is a key to the success of many projects in the space, but some project died because they come ahead of their time, EtherDelta and Counterparty are good examples, if we look at the successes of DEFI space now but their developers laboured for the growth of decentralised exchange but were unable to reap the reward

Offline ThomaJoe

  • Baby Steps
  • *
  • Activity: 43
  • points:
    1882
  • Karma: 0
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: February 24, 2022, 01:31:33 AM
    • View Profile

  • Total Badges: 5
    Badges: (View All)
    10 Posts First Post Third year Anniversary
Re: The reason behind the death of most crypto projects
« Reply #107 on: August 10, 2020, 04:15:55 PM »
Coinopsy's data included a few different causes of failure. The most common is the death of abandonment, meaning investors simply stopped trading the token and its volume has dropped to zero (or close to zero). 63.1% of projects met this fate.

Offline cynthiaaddison

  • Jr. Member
  • *
  • Activity: 48
  • points:
    1269
  • Karma: 1
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: November 20, 2020, 02:07:10 PM
    • View Profile

  • Total Badges: 7
    Badges: (View All)
    10 Posts First Post Third year Anniversary
Re: The reason behind the death of most crypto projects
« Reply #108 on: August 10, 2020, 04:18:12 PM »
Alot of projects over-promise and under-deliver

Offline MasonRobert

  • Baby Steps
  • *
  • Activity: 42
  • points:
    1660
  • Karma: 0
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: July 17, 2021, 04:10:02 AM
    • View Profile

  • Total Badges: 5
    Badges: (View All)
    10 Posts First Post Third year Anniversary
Re: The reason behind the death of most crypto projects
« Reply #109 on: August 10, 2020, 04:39:30 PM »
Beginning traders tend to trade on emotion, which is reflected in their refusal to accept losses quickly. The most essential skill that a trader must have is the ability to accept losses and move on to the next trade. Failure to do so is the main reason traders lose money.

Offline Thalassaya

  • Jr. Member
  • *
  • Activity: 85
  • points:
    3627
  • Karma: 1
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: September 06, 2020, 04:07:29 PM
    • View Profile

  • Total Badges: 7
    Badges: (View All)
    10 Posts First Post Karma
Re: The reason behind the death of most crypto projects
« Reply #110 on: August 10, 2020, 04:42:54 PM »
Investing and trading are two different things! Low-capital investors explore assets over a long period of time. While traders have determined the level of risk and void for their trades. Once the stop loss is reached, the trade has been invalidated, they should switch to a different asset class. . This is the cause of your failureInvesting and trading are two different things! Low-capital investors explore assets over a long period of time. While traders have determined the level of risk and void for their trades. Once the stop loss is reached, the trade has been invalidated, they should switch to a different asset class. . This is the cause of your failure

Offline Amaya

  • Jr. Member
  • *
  • Activity: 46
  • points:
    1658
  • Karma: 0
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: August 20, 2020, 05:39:21 PM
    • View Profile

  • Total Badges: 7
    Badges: (View All)
    10 Posts First Post Third year Anniversary
Re: The reason behind the death of most crypto projects
« Reply #111 on: August 10, 2020, 05:27:38 PM »
I think one of the main reasons may be the idea is not good enough, or the way of working, the destination is not suitable for the project.

Altcoins Talks - Cryptocurrency Forum

Re: The reason behind the death of most crypto projects
« Reply #111 on: August 10, 2020, 05:27:38 PM »


Offline ranaprime

  • Legendary
  • *
  • *
  • Activity: 1266
  • points:
    30857
  • Karma: -10
  • BITGAME - Blockchain Betting Platform
  • Trade Count: (0)
  • Referrals: 3
  • Last Active: March 17, 2022, 02:43:48 PM
    • View Profile

  • Total Badges: 24
    Badges: (View All)
    10 Posts First Post Fifth year Anniversary
Re: The reason behind the death of most crypto projects
« Reply #112 on: August 10, 2020, 06:06:58 PM »
I agree with you. Now a days most of the projects are fall down though they start the project with great motivation but with in short of time it is heard that the project going to death. Here there are some important issues working behind those death project. Those are lack of product behind the project, lack of supportive community.

Offline Joyjoyce0

  • Full Member
  • *
  • Activity: 148
  • points:
    5056
  • Karma: 3
  • Trade Count: (0)
  • Referrals: 1
  • Last Active: June 24, 2021, 09:51:10 AM
    • View Profile

  • Total Badges: 12
    Badges: (View All)
    10 Posts First Post Third year Anniversary
Re: The reason behind the death of most crypto projects
« Reply #113 on: August 10, 2020, 07:32:32 PM »
A lot of factors contribute to the death of a project. Steming from the developers attitude to lack of funds and activities of scammers. Many project were born with good intentions, even though they have vision and well laid out roadmap but their marketing approaches are quite bad. In business, no matter how good your product may be if you suck at marketing you are likely to make losses. Poor marketing contribute greatly to the death of many viable crypto projects

Offline Debasco

  • Sr. Member
  • *
  • Activity: 336
  • points:
    11267
  • Karma: 6
  • Hodlers Network
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: August 16, 2021, 08:47:43 PM
    • View Profile

  • Total Badges: 16
    Badges: (View All)
    10 Posts First Post Fourth year Anniversary
Re: The reason behind the death of most crypto projects
« Reply #114 on: August 10, 2020, 11:42:33 PM »
you are right to add to it, success can only be achieved in a project when right thing is been done as at when due, i.e good plan, analysis, good manager, team and the likes. if all this are not in place project is near to the point of extinction
█ █                 HODLΞRS NΞTWORK     │    Wallet ID Based on Network                 █ █
|   WHITEPAPER   |   TELEGRAM   |     TWITTER     |     MEDIUM     |    BSCSCAN    |
▬▬▬▬▬▬▬▬▬▬▬  ▬▬  Powered by BOUNTY DETECTIVE  ▬▬  ▬▬▬▬▬▬▬▬▬▬▬

Offline Cryptoz

  • Legendary
  • *
  • Activity: 1508
  • points:
    28445
  • Karma: 204
  • Need for Turbo - Play To Earn
  • Trade Count: (0)
  • Referrals: 1
  • Last Active: February 23, 2022, 11:07:18 PM
    • View Profile

  • Total Badges: 24
    Badges: (View All)
    Fifth year Anniversary Fourth year Anniversary too active, 25 Posts in one day
Re: The reason behind the death of most crypto projects
« Reply #115 on: August 10, 2020, 11:47:33 PM »
Well, the common reasons:
1. The team members are scammers.
2. The project fail to have enough money on its fundraising.
3. The project choose shit exchanges to list their tokens.
4. The project has bad MVP.
5. Apply bad strategy or use inappropriate approach.

* I think those reasons above that commonly make a project fail to survive and improve more.  ;)
..███████▀▀▀▀▀▄▄▄▄
▐██████▌      ██████▄▄▄
 █▀▀▀▀▀▀▄▄▄▄▄  ██████  ▀▀▀▀█▄▄▄▄▄▄▀▀▀▀▀█
  █     ▐██████  ▀▀▀▀▄▄    ███████    ▐▌
  ▐▄▄▄▄▄▄███████▄▄▄█▀▀▀▀▀▀▀█▀▀▀▀▀▀▀████▀▀▀▀▀▄▄▄▄▄▄▄
   ███▀▀██▀▀▄██▄▄▄▄█▌██▀▀▀█▌▄█▀▄████████▀▀▄▄▌████▀▀█▀▀▀▄▄▄▄
   ▐█████▐▌▄▄▄▄█▌██▀▀▀██████▄▄█████▌████▄███▀█▀▄███▄▄███
   ██████▄█▄▄▄▄▄█▀▀▀█▀▀██▀▀█▀▀▀▀▀▀▀█▀▀▀▀▀▀█▀▀█▄▄▄▄▄███▄▄▄▄█
   ██▄▀▀▀▀▀▀▀█▄▄  ▄▄█▌  █▌ ▄█  ▀▀▀ █▀  ▀▀ ▄█▌ ▄▄   ██████▄▄▌
             ▀▀█  ███     ▄█  ██▄ ██  ▀▀▀ ▄▌  ▀▀  █▀███████▀▄
              ▐█▄██▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄▄▄███████████
                                                  ██████████
                                                   ▀▄▄▄▄▄▄▄▀
..

Offline hushpupppy

  • Sr. Member
  • *
  • Activity: 433
  • points:
    17406
  • Karma: 7
  • Live right, Love right
  • Trade Count: (0)
  • Referrals: 1
  • Last Active: July 11, 2021, 06:22:32 PM
    • View Profile

  • Total Badges: 19
    Badges: (View All)
    10 Posts First Post Third year Anniversary
Re: The reason behind the death of most crypto projects
« Reply #116 on: August 11, 2020, 12:20:30 AM »
Well, the common reasons:
1. The team members are scammers.
2. The project fail to have enough money on its fundraising.
3. The project choose shit exchanges to list their tokens.
4. The project has bad MVP.
5. Apply bad strategy or use inappropriate approach.

* I think those reasons above that commonly make a project fail to survive and improve more.  ;)

You have rightly stated core reasons why projects fail, but i think you focused more on fake team members. In crypto currency, we have also had good and passionate team members whose projects ended up failing, due to lack of funds, or lack of hype or poor communication skills with the community and other relevant or irrelevant factors.

Offline Jamie07

  • Full Member
  • *
  • Activity: 183
  • points:
    6318
  • Karma: 1
  • Beyond Protocol Street Team
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: July 25, 2021, 10:15:13 AM
    • View Profile

  • Total Badges: 17
    Badges: (View All)
    10 Posts First Post Fourth year Anniversary
Re: The reason behind the death of most crypto projects
« Reply #117 on: August 11, 2020, 01:14:28 AM »
Yeah. Many crypto projects are dead. Maybe because from the very start the team have no strategy on how to deal with the obstacles and problems that may arise and simply ran out of funds.
Beyond Protocol Street Team

http://beyond.link | Coming Fall 2021

Official altcoinstalks thread

Offline TERMINO

  • Legendary
  • *
  • Activity: 1651
  • points:
    46138
  • Karma: 20
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: November 20, 2021, 04:22:14 PM
    • View Profile

  • Total Badges: 22
    Badges: (View All)
    10 Posts First Post Fifth year Anniversary
Re: The reason behind the death of most crypto projects
« Reply #118 on: August 11, 2020, 06:09:28 AM »
Sudden death of coins only means there's nothing more good about it. There are a lot of project in cryptocurrency that even until now competing to overcome the volatile market place. Yes, community is big factor to help the project success without them there is a messing point.
                  ▄▄▄▄▄▄ ████▄██▄ █████████
████████ ████████ ███████▄██ █████▄ ███████
██████████████   ████████ ▀▀ ███████▄███████
████████████████████████         ████ █        ▄▄▄▄ ▄▄    ▄▄▄▄
██████████████████████████         █████         █████   █████▄▄█████████▄█████▄▄▄██████▄
█████████████████████ ██████▄     ██████       ████████   ▄█████████ █████████████████████
▐█████████████████████▄ ██████     ███████      █████▀   ███████████ █████████ ████████████
▐███████████████████████           ███████      ▀██████   ███████████ █████████  █████████▀▀
▐██████████████████████▄          ███████     █▄ ███████  █████████████████    ████████▄
 ████████████████████████▄         ███████     ███▄██████  ██████████ ██████████ ▄▄██████▄
 █████████████████████████         ███████     ████▀▀▀████ ███ ███████████████████████████
 ██
███████████████████████         ███████     ████   ████ ███  █████████████████████████▀
 █████████ ▀▀▀▀▀▀▀ ▀▀▀▀▀▀           ▀▀▀▀▀▀▀     ▀▀▀▀   ▀▀▀▀ ▀▀▀    ▀▀▀ ▀▀▀    ▀▀▀▀▀  ██████▀▀▀
                 NFTanks.app                
A collection of 3333 unique Dogetankers
and New Play to earn (P2E) NFT game
[  PvE Mode  ]   [  PvP Mode  ]   [ Team Battle ]
|   TWITTER   |  TELEGRAM  |   DISCORD   |

Offline Augusta

  • Member
  • *
  • Activity: 92
  • points:
    3505
  • Karma: 0
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: September 06, 2020, 02:21:07 PM
    • View Profile

  • Total Badges: 7
    Badges: (View All)
    10 Posts First Post Karma
Re: The reason behind the death of most crypto projects
« Reply #119 on: September 04, 2020, 07:37:36 AM »
The most common is the death of abandonment, which means investors simply stopped trading the token and its volume has dropped to zero (or close to zero). 63.1% of projects met this fate.

 

ETH & ERC20 Tokens Donations: 0x2143F7146F0AadC0F9d85ea98F23273Da0e002Ab
BNB & BEP20 Tokens Donations: 0xcbDAB774B5659cB905d4db5487F9e2057b96147F
BTC Donations: bc1qjf99wr3dz9jn9fr43q28x0r50zeyxewcq8swng
BTC Tips for Moderators: 1Pz1S3d4Aiq7QE4m3MmuoUPEvKaAYbZRoG
Powered by SMFPacks Social Login Mod