Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: masterrex on May 13, 2020, 02:49:12 PM
-
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!
-
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.
-
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.
-
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.
-
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.
-
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.
-
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
-
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.
-
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.
-
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.
-
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.
-
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.
-
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
-
much of what the dev promise is nonsense because some of them aim to deceive the investors from the start
-
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.
-
There are many projects that do not keep their promise. The team they form, everything is planned in advance. They bring the project to the market to kill money by fraud. They succeed in their work but the investors are at a loss. Owners of low capital become poor for all these scams.
-
Promises in terms of development the possibility of the project will focus on development alone but if they ignore their promises it can be ensured that the project will fail later. If in the case of distribution of bounty or airdrop prizes and they do postpone the possibility they want to preserve the value of their tokens
-
Every project (both legit or scam) will always offer the high promise of being succesful and profitablenin the future. It is like very promising l. But in fact, we cannot believe them so easily because crypto world is not that kind of easy. Only a consistent project witj great team and its plan that probably able to survive and being worthy for the future
-
Many crypto projects didn't fulfill their promises. It is hard to believe in new projects currently. Most of the projects only want instant money from fundraising. It is the reason why many members of ICO projects just leave their telegram channel after fundraising. They only want money!
-
Very important. At least it can fulfil 80%. It will absolutely good and make the investors so happy. Here, however it is not easy tonl fulfill the promise therefore it is better not to offer too high expectation to the investors. Make a reality come true and based on the data, exact data
-
Many crypto projects didn't fulfill their promises. It is hard to believe in new projects currently. Most of the projects only wants instant money from fundraising.
That's why do your own research is necessary to determine which is good and bad project.
Very important. At least it can fulfil 80%. It will absolutely good and make the investors so happy.
There are a lot of people who easily fall into the trap of promise without any further enough information with regards to the particular project. It I our choice what we should do to anticipate any possibilities of losing interest.
-
it is obvious that some project are after the money raised during sales. it is left for the investor to make proper investigation about the crypto project that you are investing to aovid loosing your hard earn funds. it is been said that before you invest, make sure you understand and it is part of the policy must project advertise. invest what you can afford to loose.