Why We Have So Many New Projects & Platforms?

[Renampun]

of course business competition...
in the next few years, there will continue to appear new coin, token, DeFi, and exchange projects and try to take the market from old projects.

[Cinno3]

Many new projects arrived in the market. Bounty campaigns are run on some new projects. Most of those projects are not successful. Again some projects are successful. However, some project teams in the market commit fraud. So I think it's important to be aware. The project team has to work hard to create a good position for the projects in the market.

[Lanirex]

This is proof that Cryptocurrency is developing well, so there are many new projects and platforms. We don't need to be confused by a situation like this, just choose one or two of the existing projects that you think will provide the most benefit. If we think about your new project semt, it does give us confusion and headaches.

[MRM]

The categories and services of cryptocurrency projects will continue to change. Many projects in the market will be successful and many projects will not be successful. New projects will keep coming, new projects will have a lot of impact on the market. But the old cryptocurrencies will be gone.

[tonymillions84]

i just discovered this is a very good opportunity for to collect huge money from investors by creating look similar projects and then getting listed on uniswap and sushiswap. a good observation shows that these projects list above 1 to 10usd and then pump the price to a huge amount before disappearing leaving the token to crash.

[debra]

Yes, I know. We really have numerous new projects every day. Although it has been decreasing the condition is that we may not be able to control it. There are also scams, shit coins, dead projects, that are around us. And we must be smarter to sleect it.

[Komorhan]

Today, people have little to say for their part and expect real action from projects, openness of the team and maximum transparency of work, otherwise the project is unlikely to collect big investments!

[Galley]

Have you encountered a good project along this category lately?

There are only a few good new projects at the moment, maybe YouEngine, JECS and AmePay can you see what progress is like?

Successful projects can only be evaluated after a certain time.  Therefore, it is difficult to say now which of the current projects will be successful.  I am looking at the YouEngine project with its YOUC token for some reason disappeared from the CoinMarketCap table.  Until that time, this token dropped significantly in price: from $ 0.06 to $ 0.0008, however, then it also quickly rose to $ 0.004.

Apparently, YouEngine is just beginning its development. The team is implementing what is written in its roadmap. So far, there are no complaints about their actions. It will be possible to judge their work in two months. The token is traded in small volumes but nevertheless keeps the price.

[gourav787]

Loveliness as well usage of crypto market increased day by day , as a result e will see alot of new projects as well platform . Their is alot of good project runing in 2020 as well but i liked dego finance , DIA , Youengine as well many more .

[Senin]

Why such a question arises at all? In my opinion, we should be happy about the large number of platforms and projects in this market. Time will tell whether they will benefit this market. Over time, only useful and demanded projects remain on it, so you should not worry about a large number of them. This speaks of the great popularity of cryptocurrency, and this is generally good and normal.

[KaliLinux]

Honestly, it is an open platform and many investors/providers are free to come in any time but that doesn't really border me cus I see it as an advantage too. Some projects will surely try to outperform the older ones in the space for recognition and adoption which I think will make the space more authentic or maybe not  but generally, I don't see it as a problem only that investors have to do their own due diligence.

[Ankit1999999]

I really want investing in a new project as they give me huge profit. Its like buying in the wet market, buying fresh products will give you lots of benefits the same with investing in a new project, buying of their coin in a cheap price selling it in high price , benefits and earn big profit.

[doc]

I really want investing in a new project as they give me huge profit. Its like buying in the wet market, buying fresh products will give you lots of benefits the same with investing in a new project, buying of their coin in a cheap price selling it in high price , benefits and earn big profit.

New projects are more profitable but also more risk.
I personally have invested in several new projects, several loss
So, be careful and do deeply research if you want invest in new projects.

[Fenix]

The emergence of a large number of new projects on the cryptocurrency market is absolutely logical. On the one hand, cryptocurrencies provide many opportunities for people to do business, and more and more capital is now being concentrated here. On the other hand, everyone can create their own cryptocurrency very quickly and no one can stop them. Therefore, such a process should be treated calmly and with understanding. In this situation, many new projects turn out to be useless or even fraudulent. This is inevitable and therefore we need to study them very carefully ourselves before possible investment.

[rizqillah]

I really want investing in a new project as they give me huge profit. Its like buying in the wet market, buying fresh products will give you lots of benefits the same with investing in a new project, buying of their coin in a cheap price selling it in high price , benefits and earn big profit.

If you can choose good project that have good team, I think you invest on it.
Because not easy to choose potential new project, several ot them are just scam.
I still research IDO and  want to join there.
But still confusing.