Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: TomPluz on November 19, 2020, 06:55:56 AM
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Frankly, it is quite dizzying when we are honestly viewing how many new projects and platforms being introduced to the cryptocurrency market now and then. Of course, many of them can just be copy-cats or me-toos which main intention can be gathering as much money and support as then can before they allowed the projects to just die a natural death. Sadly, many are also downright scammy right from the very start.
However, there are some few ones that are offering good innovations that are worth taking a look and maybe even some good support from our wallets. These projects are usually targeting some specific niches within the much bigger cryptocurrency market and if they are doing good then there is a big chance they can eventually survive and be recognized as legitimate players in this industry.
Have you encountered a good project along this category lately?
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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?
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With the increase in crypto price. Indeed, there are lots of new projects emerging. This makes me even more confused about which project is good. Because there are currently many good projects, with increasing crypto prices. Need a better analysis so that you don't choose the wrong choice.
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We have to accept that the idea and profitability of high-performance farming projects is very appealing.
That is why a lot of new projects have emerged with the idea of liquidity pool: pool + exchange, pool + fund, pool + swap... I really don't know which project to choose from dozens of. such a project as they have names related to DeFi & YFI.
Anyway, as this has to do with exchanges, I think it would be better if we focus our research on exchange coins.
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Frankly, it is quite dizzying when we are honestly viewing how many new projects and platforms being introduced to the cryptocurrency market now and then. Of course, many of them can just be copy-cats or me-toos which main intention can be gathering as much money and support as then can before they allowed the projects to just die a natural death. Sadly, many are also downright scammy right from the very start.
However, there are some few ones that are offering good innovations that are worth taking a look and maybe even some good support from our wallets. These projects are usually targeting some specific niches within the much bigger cryptocurrency market and if they are doing good then there is a big chance they can eventually survive and be recognized as legitimate players in this industry.
Have you encountered a good project along this category lately?
Same as you mate, that was also my question, why there are so many projects that created on a monthly basis, and how the market will react to this continued cycle of old and new projects that makes the limited market capacity to absorb these new projects thats why we have commonly seen new project tokens that have no volume after it was listed.
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beware of those scammers that wanted to have your money! they are using project to get money from their investors. you are right of saying that it's annoying nowadays. if only there are some regulation and rules before someone could introduce project that would be better. I think it's time for some government intervention and regulations to reduce scammers in the crypto world.
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These are normal in the crypto industry since it is built decentralized we have to expect that what is coming is just most probably another thing to consider as scam.
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This is normal, because the cryptocurrency industry is becoming known by many people and the opportunities are wide open. Competition is possible but in the end only a few projects will survive.
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As for me, the more cryptocurrency projects appear, the better, because firstly, these cryptocurrency projects develop and improve the entire cryptocurrency sphere, also new cryptocurrency projects are trying to create new opportunities and technologies not only for the cryptocurrency sphere, but also for other areas, so new cryptocurrency projects are needed.
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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.
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With the increase in crypto price. Indeed, there are lots of new projects emerging. This makes me even more confused about which project is good. Because there are currently many good projects, with increasing crypto prices. Need a better analysis so that you don't choose the wrong choice.
That's why we need to be wise in choosing the legit projects. And if there are so many projects that arise at the moment, this shows only that there is profit in cryptocurrency, and we are in the time of crypto trending as well. But of course, we still need to do our own research about the projects so, in the end, we won't regret why We choose it, isn't it right?
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I think we have so many platforms and projects to day because several people are after profits. More individuals just want to make money off crypto by creating tokens, promoting it and dumping on naive investors. It is a bad act that calls for crypto currency regulations
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Since 2017, when the crypto was very booming at that time because of the bullish market, numerous projects were coming. It was likely many more companies wanted to be parts of the crypto world. However, that is the fact, more projects, more scams. As we know that so far, we can find out so many scam projects that always happen no matter what the types of the crowdfunding. Since ICO, IEO, STO, DeFi, there will be any scam and it cannot be avoided.
Although there are many scams, I think that around 50% are also legit projects. they are such as some projects likely HEX, DIA, Cartesi, DEAP COIN, and others probably.
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Yep, there should be many crypto projects and platforms because the crypto business is getting familiar with people around the world. Also, there is a potential to gain big money from crypto projects. With this fact, some people know how to run projects and take benefits from it.
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I think why we have so many new crypto projects and crypto platform, I believe people are hustling to retain a foremidebble crypto business which can stand a test of time but some create a new project just to satisfy their own want for self purpose that's why many of them runaway after some times.
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As crypto market is improving we may see good quality coming up that were intentionally delayed but the projects due to bad market conditions so i expect that good quality new projects will be launching soon.
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Because the cryptocurrency industry is becoming more and more popular with logos. Market and many new projects are coming But he succeeds in this will have a good plan
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There are so many new projects and platforms for the crypto market to improve the number of investors in crypto will increase and the projects will go up a lot every project manager brings their projects to crypto for success. Many new participants will donate to crypto and they are more inclined towards projects as the demand for crypto market increases new projects come to the market to improve.
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The birth of new ideas is constantly happening to improve and widen the boundaries of every sector in cryptocurrency industry. This is what we called the paradigm from old concept to newly born in order to make things much better to avoid any mistakes and bugs. Improvement platform is constant.
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The more people who join crypto, the more projects there will be. Because indeed there will be more and more developers making projects. And this makes us have to be more careful in choosing projects.
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In fact, there is nothing wrong with many projects. Why should this bother us? If the project is good, if it solves real world problems and brings profit to its investors, then I see no reason to worry. When we have many projects and platforms, we become invulnerable to prohibitions. A single point of failure disappears.
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I think there are quite a few projects currently present and it makes you confused which one to choose. If I was a private person, I would choose a project that paid for coins that could already be tradable on the market. Because if you choose a new project with new coins it is too risky to be a scam in my opinion. Good project and I think it will be successful maybe Free Ton is one of them.
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I think the more projects and platforms come along the better for Crypto; This will increase the field of cryptocurrency, the crypto world will be more developed. However, the scammers also come up with some scam projects, they take the money from the investors and cut off the honorarium of the hunters. So you have to be more careful about scam projects, in order to avoid this, you have to select the right project by checking all the websites, white papers, social media and so on.
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There are many platforms but still, it's not enough I think. More people are coming to the crypto world day by day. we need more platforms where this massive traffic can operate. Also, there is no shame in integrating an existing idea in your project if it can help people. Thats how everything works and develops.
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Lots of people want to jump in on a quick cash in, so naturally there are new coins and platforms and whatever popping up
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There will be easily spreading and many more new projects and platform if a kind of technoogy is implemented and also success for it. But, please remember that not every new project that they createis legit. Some of them are actualysometime not worthit and going to be scams.
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I also think that every time there is a new type of crypto funding, there will be always growing families living with or without it. In this case, we still have any idea about the new platforms and also cryptos. We must know at first that the new project and platform are not blind at all. We can detect the good platform nd cryptos only
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Because creating something new is much easier and more profitable than supporting old projects. For example, I do not expect gifts from old coins. Of course, such giants as Ripple or Ethereum will delight us in the coming year. But I personally bet on new cryptocurrencies. Such as, for example, YUSRA Global. I like that these guys say little and do a lot. While most projects are talking about the concept of the cryptocurrency of the future, these guys have a dozen working services (YUSRA PAY, MARKETPLACE, PORTFOLIO, P2P etc) that thousands of people use every day. That's where the future is. For projects such as YUSRA GLOBAL. And of course, I hope that the new season of altcoins will bring the rate of this coin to an unprecedented height!
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There are many platforms but still, it's not enough I think. More people are coming to the crypto world day by day.
The more new projects and platforms, the bigger the scam projects that will appear,
too easy the blockchain ecosystem to develop makes most people to create new projects and eventually scam when they get a lot of profits, so investors must be careful when deciding to invest in the cryptocurrency world.
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At this moment we are really confused about new projects. We know there are several projects are on going and most of us very good in position. We know that scammer are waiting to attract but don't who will be the aim at for the scammer. I think so many new projects are not good for some times.
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Have you encountered a good project along this category lately?
I encountered scammers but good project I still don't have. I remember my first today here in this forum where you can find a lot of scam and if I'm not mistaken what I've witnessed from my brother he got one potential coin that time but suddenly the project stopped without giving any notice.
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This means that the crypto market has started to recover and develop better. But with more and more crypto platforms emerging, I think of the 10 new crypto platforms, there is only 1 that can be trusted and really cares about their platform, the rest is just a scam. So far the platform I have seen really serious about their project is Amepay, which is a payment platform.
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Yeah, we have many of them. So why? I think it is not a bad thing, we are lucky that many people try to make crypto be more famous. With more new projects and platforms, the crypto world becomes more alive and to have a good future. Why? Because more people will involve in the crypto business day after day.
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Because many people also want to contribute and make money from creating projects. Whether they are really a developer or even scammers, they want to create something to earn money because they know that the crypto world right now is really amazing, this really gets high attention from many industries, people, companies, institutions, and also government from around the worldwide. So, be ready and watch out for the new projects, they probably become scams also
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It is good if we have many new projects and platforms for crypto. It is a sign of a new spirit in crypto business. I am very happy that the industry of crypto becomes more popular and that's why the developers in crypto have a new spirit to run the projects again and again. That's a good fact, bro.
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New projects come and go and no one can stop it but the important thing is Which project is good in cryptocurrency and can go-ahead. You have to know about each project Only then can you move on.
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Currently, there are many new projects. Which types are very diverse. It is even more difficult to find projects that will actually be successful. But I'm still seeing some good projects lately. For example the Cartesi and Free Ton projects, which I feel are successful.
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Unfortunately many projects are not successful. Again many projects are successful. I have seen many projects so far. However, after two long years of project fraud, things are going well. I think the project needs a good team. Who will constantly be working for the project. So unfortunately there are members of the fraud team in the market. Everyone needs to be careful about the arrival of new projects.
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New projects come and go and no one can stop it but the important thing is Which project is good in cryptocurrency and can go-ahead. You have to know about each project Only then can you move on.
New projects are trying to make a profit and take their part of the market. I think that they will appear constantly now. The cryptocurrency market is growing and developing. What we see is just the beginning.
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I believe that each developer is trying to present his project, which in his opinion is unique and will be in demand in the cryptocurrency market. But I believe that over time this problem will be solved by simple competition.
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yh, but the coin later got dump by hunters mostly but the project is striving hard to rise, and its has start rising now, though in recent time notice there are a lot of project in town, but there are good project also among them. and we have many project now because some has new innovation while some to scam
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yh, but the coin later got dump by hunters mostly but the project is striving hard to rise, and its has start rising now, though in recent time notice there are a lot of project in town, but there are good project also among them. and we have many project now because some has new innovation while some to scam
Due to the number of new projects, it is inevitable that some people seek profit from people who do not see it properly so that many are exposed to fraud. because they do work like that and at first glance it will be the same and everything is well prepared even though they may be copy and paste from an old project. We cannot avoid this kind of project because forum regulations do not make the rules tight.
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There are lots of great projects if you want to research more on coinmarketcup and other websites, but what you need to know is that good projects are not because of their high price but they have better ideas and innovations than ever.
for example the Ethereum platform, Xrp, Waves, Tron and many others, they have almost the same system which makes it easy for new projects to build new altcoins on the existing blockchain network.
This will make it easier for all investors and users to choose a new project, they will choose a new project because of technology, a new system for their business or want to make quick profits just by buying coins and selling them.
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Of course every project and platform has flaws and those who create new projects or platforms will give advantages over previous projects or platforms. So if you look at several projects or platforms that have the same thing, the only difference is the quality and the people who develop them.
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As the price of cryptocurrencies rises, lots of new cryptocurrencies are being added to the market. The amount of trade in these is increasing day by day, a lot of trade is around the new currencies. However, some coins are being destroyed. Unfortunately there will be cases of destruction of some old coins in the market. But we have to be very careful, we have to be careful about what we buy. So I think the market needs to be aware.
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New projects are definitely needed to keep cryptocurrency prices rising. New projects in the market keep coming and they help to increase the price of old projects. There are lots of new projects in the market that are very successful flowers. There is a need for new projects in the market, as I think high-end cryptocurrencies will help raise prices.
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I am sure the market will never seem to get saturated. Rather, some older coins can die off. This is because new project with newer concept will always keep springing up.
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As the price of cryptocurrencies rises, lots of new cryptocurrencies are being added to the market. The amount of trade in these is increasing day by day, a lot of trade is around the new currencies.
Since the past, new projects always appear everyday, this is not a surprise, and if many old coins are beaten by new coins, it is very natural because many new coins appear with extraordinary project concepts and clear developments,
so it's no wonder that many old coins are left behind by investors.
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The continued emergence of more and more projects and platforms indicates that the cryptocurrency continues to develop rapidly. Therefore, in any case, this is good, despite the fact that many scammers use this opportunity to take possession of the money of gullible investors. This is a common and inevitable process. Useless projects and their cryptocurrency will leave the market forever, and only those in demand will remain.
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Of course the market is the place of competition in daily basis. Normally, new organization will create a project that's highly competitive and beneficial compare to other. I think the development of altcoins will happen everyday because the world is wide and people are curious to explore things. Creators are born so investors too.
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New projects are definitely needed to keep cryptocurrency prices rising. New projects in the market keep coming and they help to increase the price of old projects. There are lots of new projects in the market that are very successful flowers. There is a need for new projects in the market, as I think high-end cryptocurrencies will help raise prices.
I think we just need really good projects instead of scams. Plus I don't think the emergence of new projects is the driving force behind the old tokens.
The prices of the tokens, the projects and the whole market depend on the value they bring to the world.
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With the advent of many projects come a lot of scams. To be able to assess a project objectively, you should be looking at a combination of factors. Everyone has their own approach to researching prospective Platforms.
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Cryptocurrency is a decentralized market. There are no regulatory bodies and licenses here to create your projects and your cryptocurrency. Everyone can create their own project and their own cryptocurrency. And since huge amounts of money are concentrated here, this also attracts many scammers. Therefore, a lot of various projects are being created, but not all of them are in demand and leave the market. This is quite normal and thus the cryptocurrency can develop.
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Have you encountered a good project along this category lately?
Two years ago I participated in a potential project called showmebiz but sad to say the team stop the project few months affter we did the kyc. No doubt that there are some good project but it is not just that because the team need to be tough ang clever to succeed.
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There are tens and thousands of crypto projects out there we can't really count them, cause they are too many, dead, running and on going projects, I think the reason why there are always new projects is to solve some kind of problem facing the previous one, we all know nothing is perfect there will always be some loopholes in projects, so these new projects keep coming out with the aim to solve or rectify those loopholes, it's kind of evolving.
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I'm wearing betfury signature so I can tell this project is good and very promising and this platform is already 1 year I guess so yep it's good. We must careful to pick a project if we going to invest because there were many scam projects nowadays and scamming will not end.
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I agree and see several projects that have almost the same product and the difference is the price and where they do IEO. I don't understand why they don't have any other ideas for making a product?
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A good project is very rare today, many people want to raise as much money as possible and make empty promises to investors, as the author correctly noted.I would like there to be a third party that resolves disputes with investors and the project.
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I've encountered a few projects that are very unique in innovation and technology, just like the op have rightly said, many new projects spring up in the crypto industry everyday, and out of all this new projects , i did say from my own estimation, that its only 0.5 to 1 percent of this project that are genuine and starts a chance to become a key player in the industry.
But then, i will like to compare this happenings in the crypto industry to the happenings of the real world, people set up new businesses everyday, and only a few of this new businesses stand a chance to be known and patronized, the rest is just people trying to test the waters.
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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.
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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.
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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.
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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.
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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.
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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.
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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!
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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.
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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 .
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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.
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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 ;D but generally, I don't see it as a problem only that investors have to do their own due diligence.
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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.
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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.
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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.
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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.
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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?
Amepay is a good project ? I don't think so. Because I have got some news about ame just when they have launched their bounty over here and there, some hunters talked about this project and the project price went higher just because of it's hype . But what about now ? I heard they are bringing new chain from their ecosystem but do their partnership , good or bad?
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because so easy to create project and coins.
We all know there are many BSC project.
But we must be careful, There are many scam projects too.
Many projects are good for investment, but choose the right project.
We must learn about projects and team behind the project
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Amepay is a good project ? I don't think so. Because I have got some news about ame just when they have launched their bounty over here and there, some hunters talked about this project and the project price went higher just because of it's hype . But what about now ? I heard they are bringing new chain from their ecosystem but do their partnership , good or bad?
I feel sorry for the investors, but it cannot be said that Amepay is a good project, since too many things fail. Starting with the team of developers, who do not have any kind of communication with the community, which is really negative in terms of the confidence of the investors who try to discover the project. The second negative point is the times of the roadmap, it has taken more than 13 months than expected to have its own chain. Amepay moderators on Telegram show deep ignorance about the cryptocurrency industry, not knowing what “NDA” is or how it works, and even encourage users to spam the Twitter profiles of major exchanges.
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With the increase in crypto price. Indeed, there are lots of new projects emerging. This makes me even more confused about which project is good. Because there are currently many good projects, with increasing crypto prices. Need a better analysis so that you don't choose the wrong choice.
Not easy to choose good project that will have great future.
Because we all know too many new projects.
We must be careful and learn their white paper, road map and man behind those projects.
I still researching several new project but didn't trust more yet
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There are so many cryptocurrencies that have been circulating in the market and so many projects that have just arrived in cryptocurrency, such as on various IDO platforms from Binance Smart Chain, Polygon Matic, Solana and that's probably a 1:100% ratio that ends with success.
The #DevelopmentTeam also wants to exist in the cryptocurrency market and they also want to profit from the various projects that are created, but the problem is that sometimes these projects succeed and fail and this is very complex in the cryptocurrency space.
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Actually if we know how many new projects appear every day or every week and we have the opportunity to follow all of these projects, of course we will know how many good projects there are and how many are scams.
But due to the large number of crypto projects that are popping up all the time it will be difficult to judge all of them. But I personally prefer projects from the Ethereum platform over other platforms.
My reasoning is that only projects that have a lot of funds choose the Ethereum platform to start their projects, and they will definitely be more serious than others.
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I see the first real use of cryptocurrency on the PundiX project then Yanu and now Beyond Protocol.
a lot of people invest just because of the Hype and they don't think about the product of the project, for example a new project that offers Metaverse, so far I don't see it can be used for the real world, but technology is good for the future of the word Internet
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I'm wearing betfury signature so I can tell this project is good and very promising and this platform is already 1 year I guess so yep it's good. We must careful to pick a project if we going to invest because there were many scam projects nowadays and scamming will not end.
Betfury is good project and have listed in exchange.
I also have several BFG and still stake my BFG on betfury wallet.
Talking about OP, there are so many new projects because so easy to create coins at alternate smart contract platform such as BSC
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Have you encountered a good project along this category lately?
Not yet, I didn't encountered a good project, because I still do research several projects.
Too many projects now, because so easy to create coins and dev project in BSC.
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Betfury is good project and have listed in exchange.
I also have several BFG and still stake my BFG on betfury wallet.
Talking about OP, there are so many new projects because so easy to create coins at alternate smart contract platform such as BSC
It is very easy to create a contract on any chain, it is something that anyone can do in a very short time. What a lot of people don't know (or don't want to know) is that this doesn't give that coin/token any value, what gives it value are the use cases. That's why new meme coins appear every day that promise things they can't deliver. There are many ways to deliver use cases, both on and off the network, those are the projects that can be worthwhile if planned the right way.
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Have you encountered a good project along this category lately?
Not yet, I didn't encountered a good project, because I still do research several projects.
Too many projects now, because so easy to create coins and dev project in BSC.
Hopefully you will get potential project and more profitable
I also do research and have invested in several new project.
Join IDO, because It's more cheaper.
Always be careful , As you said too many new projects now.
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It is sad that most new projects are looking to ride on the market hype. NO new areas, Defi, DAO, Defi, smart contract, NFT etc but we need something
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at first only one project with a unique concept will attract many people to their project.
however, some bad guys take advantage of this, slightly duplicating the concept.
usually they copy from the project name, or even their platform concept.
Unfortunately, they have bad intentions after collecting a lot of money from public sales they will disappear with the money that has been collected.
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at first only one project with a unique concept will attract many people to their project.
however, some bad guys take advantage of this, slightly duplicating the concept.
usually they copy from the project name, or even their platform concept.
Unfortunately, they have bad intentions after collecting a lot of money from public sales they will disappear with the money that has been collected.
That's the fact, there are scams projects.
scammer is smart people that have bad attitude.
They will collect alot of money then go.
We as bounty hunter, investors always saw those people.
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Betfury is good project and have listed in exchange.
I also have several BFG and still stake my BFG on betfury wallet.
Talking about OP, there are so many new projects because so easy to create coins at alternate smart contract platform such as BSC
It is very easy to create a contract on any chain, it is something that anyone can do in a very short time. What a lot of people don't know (or don't want to know) is that this doesn't give that coin/token any value, what gives it value are the use cases. That's why new meme coins appear every day that promise things they can't deliver. There are many ways to deliver use cases, both on and off the network, those are the projects that can be worthwhile if planned the right way.
I just invest meme coins at short term, when fomo.
I think It's good time to get big profit.
Yeah, I agree with you, too easy to create the tokens.
many tokens are worthless
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Really now there are a lot of crypto projects now. I think it is because really it is very profitable field now. There are high risks but at the same time high level of profit.
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It is sad that most new projects are looking to ride on the market hype. NO new areas, Defi, DAO, Defi, smart contract, NFT etc but we need something
You are right, there are many projects that are launched daily, but very few are worth it since 99% are memes with no use case or just scams. It is in the remaining 1% where we must focus our attention and look for projects that really offer good products for the industry and the community. It is not easy but if we manage it we can find some worthwhile jewels, that is why it is necessary to be patient and not give up at any time, otherwise the only thing we will see will be memecoins and other nonsense.
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There is a lot of money in the world right now, and that has to count things. Nfts also gained a lot of value because of this. but the most ideal may be p2e projects. Making money by playing is another thing. To give advice, Vulcano is the best for me. The community is very active and there is good circulation in nft trading. worth a look
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Really now there are a lot of crypto projects now. I think it is because really it is very profitable field now. There are high risks but at the same time high level of profit.
Many new projects in Crypto show that Crypto is developing well, but not all of these new projects are well-intentioned.
There are a lot of scam projects here, they set up projects just for the benefit of individuals only.
They want to take our money by cheating, therefore we have to be careful when we want to join new projects.
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Really now there are a lot of crypto projects now. I think it is because really it is very profitable field now. There are high risks but at the same time high level of profit.
Many new projects in Crypto show that Crypto is developing well, but not all of these new projects are well-intentioned.
There are a lot of scam projects here, they set up projects just for the benefit of individuals only.
They want to take our money by cheating, therefore we have to be careful when we want to join new projects.
well, there are many scam projects, be careful and always been doing research.
I agree with you, many projects is good for crypto, that show crypto is developing well, as you said.
Many developers really enthusiastic to create new projects.
Of course, scammer also create too.
But no matter, If we have good knowledge about crypto , scammers will difficult to cheat us.
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Indirectly, I am currently following the EGOcoin project because I see this project is good for us to support and has a lot of power that will grow in the future for the EGOcoin project.
Maybe more precisely, I saw from the #DevelopmentTeam behind EGOcoin and this would really be the best choice for us to judge that EGOcoin is a new project that will shine in the next 4 years.
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I just invest meme coins at short term, when fomo.
I think It's good time to get big profit.
Yeah, I agree with you, too easy to create the tokens.
many tokens are worthless
The last time I "invested" in a memecoin (Shiba Inu) was last year, and I say this because I only invested $100 for a friend to see how it was bought. I don't see the point of memecoins, I prefer to invest in projects that really offer some new use case to the industry. I have always preferred the long term as they have always brought me more benefits than the short term, but like everything in life it is a matter of ideas and perspectives when it comes to investing.
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Indirectly, I am currently following the EGOcoin project because I see this project is good for us to support and has a lot of power that will grow in the future for the EGOcoin project.
Maybe more precisely, I saw from the #DevelopmentTeam behind EGOcoin and this would really be the best choice for us to judge that EGOcoin is a new project that will shine in the next 4 years.
Egocoin has a large community, I am also optimistic that this project will be a success and everyone who participates in it will get special benefits. We really have to be careful in choosing a new project, lest we lose our money and we will regret it.
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Indirectly, I am currently following the EGOcoin project because I see this project is good for us to support and has a lot of power that will grow in the future for the EGOcoin project.
Maybe more precisely, I saw from the #DevelopmentTeam behind EGOcoin and this would really be the best choice for us to judge that EGOcoin is a new project that will shine in the next 4 years.
Egocoin has a large community, I am also optimistic that this project will be a success and everyone who participates in it will get special benefits. We really have to be careful in choosing a new project, lest we lose our money and we will regret it.
Me too, I'm joining EGOcoin bounty campaign, But didn't research more about this project.
I think you should share what the factor make us believe on this project ??
I have seen many new project because too easy create new coins, but to choose very potential coins are not easy.
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Still in a reasonable environment because I am also sure that projects like this will continue to grow as more investors understand the benefits that can be taken from the cryptocurrency space.
I am also sure that in the future there will be good projects and become pioneers for a better future, even though the comparison is around 1:500 cryptocurrency projects!
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Still in a reasonable environment because I am also sure that projects like this will continue to grow as more investors understand the benefits that can be taken from the cryptocurrency space.
I am also sure that in the future there will be good projects and become pioneers for a better future, even though the comparison is around 1:500 cryptocurrency projects!
If the project is very potential and has good team I think this project will be pioneer at the coming years.
But not easy to choose potential and legit team, too many scam projects there.
The reason why so many new projects and platform, because to easy to create tokens and too many scammers will scam you.
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There is so much enthusiasm from the cryptocrurency community that it makes a lot of projects based on cryptocurrency in the hope of creating tokens at low prices and then those tokens when the bulls go up in price and all investors have a pretty good profit.
I am also sure that the power of the project in cryptocurrency is extraordinary, the hype has increased as the price of Bitcoin continues to rise and is very expensive, believe me, all the newly launched cryptocurrencies are based on Bitcoin.
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well, there are many scam projects, be careful and always been doing research.
I agree with you, many projects is good for crypto, that show crypto is developing well, as you said.
Many developers really enthusiastic to create new projects.
Of course, scammer also create too.
But no matter, If we have good knowledge about crypto , scammers will difficult to cheat us.
I do not agree with you that it is good for the industry that many projects are being launched. Most of these new projects are just looking for funding, they are useless memes, when the projects that are really good and bring new things are very few. If you look at the list of new coins/tokens added on Coingecko (there are less on CMC), you will see that of all the new projects, 99% are useless memes and those projects are just looking for quick funding.
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There is so much enthusiasm from the cryptocrurency community that it makes a lot of projects based on cryptocurrency in the hope of creating tokens at low prices and then those tokens when the bulls go up in price and all investors have a pretty good profit.
I am also sure that the power of the project in cryptocurrency is extraordinary, the hype has increased as the price of Bitcoin continues to rise and is very expensive, believe me, all the newly launched cryptocurrencies are based on Bitcoin.
I don't entirely agree with your opinion. The coins/tokens that are based on the Bitcoin hype are those that really have nothing to offer. Projects that offer new things and new use cases are launched regardless of the value of Bitcoin at the time, as they have development. Anyone can create a coin/token in a few minutes, giving it value is really difficult, that's why new meme coins appear every day, because they are worth nothing.
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I think we have so many platforms and projects to day because several people are after profits. More individuals just want to make money off crypto by creating tokens, promoting it and dumping on naive investors. It is a bad act that calls for crypto currency regulations
Thanks to the open source code of cryptocurrencies, everyone has the opportunity to create their own cryptocurrency. If the project and the cryptocurrency are not useful to society, such a cryptocurrency will leave the market very quickly, since no one will need it. This is a very good way to quickly improve the cryptocurrency. At the same time, people always have the danger of investing in a useless or even fraudulent project. There is a choice here, and this choice must be wise, as we can easily lose our money.
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Frankly, it is quite dizzying when we are honestly viewing how many new projects and platforms being introduced to the cryptocurrency market now and then. Of course, many of them can just be copy-cats or me-toos which main intention can be gathering as much money and support as then can before they allowed the projects to just die a natural death. Sadly, many are also downright scammy right from the very start.
However, there are some few ones that are offering good innovations that are worth taking a look and maybe even some good support from our wallets. These projects are usually targeting some specific niches within the much bigger cryptocurrency market and if they are doing good then there is a big chance they can eventually survive and be recognized as legitimate players in this industry.
Have you encountered a good project along this category lately?
I think It's good if we have so many projects and platforms.
Because we can have many chances to invest.
It's good for crypto world.
But we must be careful.
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now is the time not to make hasty decisions, especially when the market showed a slight recovery...perhaps he gathers all those who believed in growth and reversal in order to carry them deeper into the abyss with a bang.
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now is the time not to make hasty decisions, especially when the market showed a slight recovery...perhaps he gathers all those who believed in growth and reversal in order to carry them deeper into the abyss with a bang.
You're right , crypto market is recovering now.
I think It's good time to buy several potential coins for short term investment.
The Reason why so many platform and new projects, because so easy to create it
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The problem is not just scammers. The biggest problem is that people still don't learn, that's why they get scammed. Two days ago I asked a user in a Telegram group what he thought of the project's white paper and that user replied, "what is a white paper?". As long as new users don't make an effort to learn everything will remain the same, scams will continue to appear and people will continue to be scammed every day, it's sad but it's true.
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Yes, that's right. The lack of a complete desire to do anything, as well as to learn, encourages many scammers to profit from this, and all schemes are as old as the world.
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Yes, that's right. The lack of a complete desire to do anything, as well as to learn, encourages many scammers to profit from this, and all schemes are as old as the world.
You're right, too many scammers too.
I think the reason so many new projects are not good, because so easy to create and copy projects to scam other..
It's not good for crypto world
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In addition to scammers, there are many more bugs in the code-which attackers will often use
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There are several projects that I have found and survive until now. Such as solana, cartesi, youc which until now still exist and exist in several big markets. I see that there are still many potential new projects that will appear in the next few years
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There are many New Cryptocurrency project in the market that's doing pretty well as you said but there's a big problem in the Cryptocurrency phase because what we are seeing now currently is thief's using Cryptocurrency to scam of their money, alot of New Cryptocurrency project are Scammers project and is affecting the future of upcoming projects that may have real use case I the industry. Something need to be done before is too late.
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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?
Talking about good projects, sure new projects I think at bearish season we will see many projects fail.
No investors will invest in new projects.
That's my prediction.
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Frankly, it is quite dizzying when we are honestly viewing how many new projects and platforms being introduced to the cryptocurrency market now and then. Of course, many of them can just be copy-cats or me-toos which main intention can be gathering as much money and support as then can before they allowed the projects to just die a natural death. Sadly, many are also downright scammy right from the very start.
However, there are some few ones that are offering good innovations that are worth taking a look and maybe even some good support from our wallets. These projects are usually targeting some specific niches within the much bigger cryptocurrency market and if they are doing good then there is a big chance they can eventually survive and be recognized as legitimate players in this industry.
Have you encountered a good project along this category lately?
I think it's really difficult to choose good project, especially new projects.
There are many new projects but there are many scam projects.
Be careful to choose projects and invest on it.