Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: EvelynKing on September 03, 2019, 12:47:09 PM
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Is it possible for a crypto project to fail even after there is a real product and demand in the market? I have invested in the Titanprojects (https://titanprojects.co/) and have been waiting for the projects to be launched for some time now. As per the latest update, they will be releasing their first product, which is a 3D game app, sometime this year. I am quite confident in this project, however, after reading some threads and comments on this community, I am having second thoughts about my investment in new cryptos. What should I do next?
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keep believing in what you hold, we never know the future, and I'm also sure you invest in titan has a strong reason in it,
there are indeed some projects that are long developing despite having real products,
the most important thing is that as long as the project is legit, real team and community is solid, then stay confident with the project, because I am sure the project will continue to develop even though it is rather slow.
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keep believing in what you hold, we never know the future, and I'm also sure you invest in titan has a strong reason in it,
there are indeed some projects that are long developing despite having real products,
the most important thing is that as long as the project is legit, real team and community is solid, then stay confident with the project, because I am sure the project will continue to develop even though it is rather slow.
I totally agreed this statements. The important thing are real team and community.
Be confident and probably just be patient.
Cheers.
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Of course, this is possible and this will always happen, I saw a lot of interesting companies that collected softcaps and even hardcaps and these companies had incredible technologies and a very interesting product, but for various reasons that companies usually do not want to open reasons to the public why they closing theirs companies.
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Is it possible for a crypto project to fail even after there is a real product and demand in the market?
It seems you try to promote the Titan project, but well I will focus on the question only.
Who can guarantee the sustainability of the product and the demand on the market?
The answer is the team members and the community. If the project has good team members that can maintain + improve the product and involve the community in it, I think the future will be great. While if they become careless of the product and the community support, there is a chance to fail.
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Depending on the number of competitors who have the same technology as the project you are participating in. Is the project able to survive and always updated every year? considering the many new projects that are present and more interesting.
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I tried to invest in coins that have real products, but if you are an investor who has invested in many projects, I'm sure you will find good projects from the experience you have, many new game projects now and many have been successful without running an ICO or IEO. But you must always believe in your choice, whether the coin has a good price or not, the most important thing is they have new ideas and products from other projects.
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Relying solely on having a good product cannot really guarantee the success of a certain project but having a credible, competitive and committed set of team with the high level of necessary skills to properly sell the product in the market will.
The presence of such team behind the project attracts the attention of most investors. With more investors - the probability of the projects success is highly.
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Sometimes campaigns and their projects disappear from the cryptocurrency market or do not appear after holding their ICO and after the project has its own product. This is an ordinary business, and there are various surprises in business. Companions who are the founders of the project may quarrel, their money can be stolen by other participants, there can be many different unpleasant situations.
In your situation, you need to observe the project and hope for the best.
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every is possible in crypto, but if the teams are still alive and they are posting updates, following their roadmap, that project is genuine and it will last for long period of time.
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Crypto projects are just one of many types of business, and a business can fall apart for many objective and subjective reasons at any stage and at any time. It largely depends on the project team, its knowledge, experience and managerial abilities. In a similar situation, we need to observe its development and hope that the stake on this project is chosen correctly.
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it can happen, do not ever join a project that fails for the second time. I think you should look for a higher quality project and forget what has passed.
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yep there is possibility that their project can be fail even there product is real. I'm sure there are some reasons why they fail, maybe low funding, having problem their product, just like that.
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I think it's possible. Because a lot depends on how the project was done. How risk management is calculated and so on. A lot of factors affect whether a project will live or not.
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Yes.
There are a lot of things that might affect a project even if it has a real product. For me, it starts with the team, if the team isn't that dedicated enough and lacks enough effort to promote a certain project especially on the marketing aspect, the project is bound to fail even if you think it has a great future ahead.
The only thing you can do is keep supporting the project as it will also greatly affect the success of it.
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all possibilities can happen. but if they already have a real product (plaform already operating) and have demand, I think it will not fail. I'm even sure the project will develop, because every time the demand will increase.
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Most likely it was a scam project and was given a fake product even though it was launched on the market. many projects like this, have entered the market, it turns out that the community and the owner of the group fled. so you could say the project failed.
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Project can fail even though they have real product to offer due to lack of management and if the project lack what they call marketing strategy on how to get investors to invest on the project, because there are levels of conviction and trust you need to command for your project to be successful and to gain people interest.
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Project can fail even though they have real product to offer due to lack of management and if the project lack what they call marketing strategy on how to get investors to invest on the project, because there are levels of conviction and trust you need to command for your project to be successful and to gain people interest.
That's right and I really agree with what you say, even though the project has a real product, but the management and team of the project must continue to work hard to keep promoting and managing how the project is still popular. In order to continue to be a Cryptocurrency project that has value, if not, then it can be ensured that the project will truly disperse and no longer gain the trust of the community.