Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: Domithra on November 20, 2018, 01:16:42 AM
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There are numerous factors that count for the death of crypto projects on the market. One of the causes maybe as a result of the idea and product behind the project. If the product of the project is not in demand, the project is likely to fail. One of the commonest cause of the death of crypto projects stem from the fact that they lack strong and supportive community. Remember, the community serves as the fuel that power the crypto project on the market.
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There are numerous factors that count for the death of crypto projects on the market. One of the causes maybe as a result of the idea and product behind the project. If the product of the project is not in demand, the project is likely to fail. One of the commonest cause of the death of crypto projects stem from the fact that they lack strong and supportive community. Remember, the community serves as the fuel that power the crypto project on the market.
Agree on you sir, in my opinion also one of the reason why projects are not successful because other project turns out to be a scam, example, if an investor invest on something and turn out to be scam, he/she will be scared to invest , and when the idea of fear of losing money is spread, most investor will be scared investing and a lot of projects will be also be fail because there is no support. Another one is the teams and community itself, i think that is another reason because if the team and community didn't focus on their project and support them, there is a CHANCE that the project will not success
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Yeah. I suppose last 2 years thousands of cryptocurrency projects are already dead. Apart from Scam projects, too many legit projects disappeared during Ico phases. Even they reached soft cap, due to the bear market and lack of community supports again some of them failed. The most successful ones are under the Ico levels. If you invest in Icos be cautious.
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Ive prefer private funding and some projects who don't rely on ICO, take for example taucoin, if you heard of it. The owner is the one funding their own project and pretty well active on updating their progress. Something like this we must find not on shitty projects.
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There are numerous factors that count for the death of crypto projects on the market. One of the causes maybe as a result of the idea and product behind the project. If the product of the project is not in demand, the project is likely to fail. One of the commonest cause of the death of crypto projects stem from the fact that they lack strong and supportive community. Remember, the community serves as the fuel that power the crypto project on the market.
Yes that's true of what you say and in my opinion one of the reasons why the project doesn't work because other projects turn out to be fraudulent, for example, if an investor invests in something and becomes fraudulent, he will be afraid to invest, and when the idea of losing money spread out, most investors will be afraid to invest and many projects will also fail because there is no support.
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Most likely investor lost their trust in crypto project and most of the ICO's failed to fulfill their promises after listing in the exchange some investors withdraw thier money in the market that cause massive sell-off .
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You're right! just like ICO project too many promises they made if the token/coin didn't listed yet to exchange promising that their project reach to 1$ but it never happen, other project turn into a scam, many investors tired for these case repeatedly that's why some crypto project is fail because lack of investors.
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Sometimes it could be lack of management skills and not having a proper knowledge of what cryptocurrency is all about this can contribute to the factors that lead some cryptocurrency project to death and lack of financial back ups.
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I believe this is related with the ideology which is consumed by the team members of the project. They might fight to make it happen, or they can flee with the money they raised. These are the both sides of the exits.
When a project starts to fail, if the team is strong enough to fight, they are struggling with the problems but they are becoming eligible for swim in the market.
On the other hand, they are walking closer to the wall, which might result as shutting down.
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There are numerous factors that count for the death of crypto projects on the market. One of the causes maybe as a result of the idea and product behind the project. If the product of the project is not in demand, the project is likely to fail. One of the commonest cause of the death of crypto projects stem from the fact that they lack strong and supportive community. Remember, the community serves as the fuel that power the crypto project on the market.
In my opinion the reason behind the death of most crypto projects is not interesting project. The man behind of the project also not professional. It is my opinion.
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Recently, due to the growth of fraudulent projects, investors have become very selective, because no one wants to invest money anywhere and therefore projects with weak ideas have become less in demand!
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Yes, the idea and the demand of its product on market are two factors that lead to the success or not success of a project. Moreover, if a new project has many strong competitors, it will be difficult to grow. Investors consider those factors, and they are not interested to invest if they know it possibly won't be successful in the future.
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The success or failure mainly depends on the product. No matter how good a projects look on paper but If they cannot deliver a viable product, then expect the community that supported them early on to leave.
This is also true to start up projects or those who are at ICO stage. If they do not have an interesting/unique product, then expect a dismal token sale.
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Many companies are closing down because they are fraudsters, others simply cannot raise funds to implement their ideas, other companies just after some time, for unknown reasons, also close their companies. There are a lot of different reasons and almost nothing depends from us, but of course if we will make huge investments, then we can help.
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I agree with your opinion about the crypto community, even though crypto is still rejected in some major countries but crypto is still recognized by everyone, many people don't understand how crypto can be used, because they only understand crypto as an investment, as long as they can't use it crypto as a transaction system in a country.
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With too many competitors right now, a project should offer unique and quality product and ideas. If a project fails to develop the product and ideas, it is surely to lead to dead project. We have seen many dead projects and they leaved valueless coins on market.
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A pretty simple formula:
Can the product really solve a real world problem?
If yes, then demand will follow. From there, community of users will be formed until it grows bigger and bigger.
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I am inclined to believe that the projects die and are regenerated exclusively due to investors attitude to its prospects.
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Most coins and tokens are useless and have no mean to be among the cryptocurrency cause the team are not serious and have nothing to drive their idea but to be rich in a fast way which brought many of them in to this crypto world ,
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Yes, the main reasons are ideas and products with low qualities. But not only about ideas and products, the less interest of people to buy the coins of the project also support the contribution for the death projects.
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It is true that the community is needed to increase the HIVE rating.
Without the community all of that is futile and can be said to be very difficult to increase the price.
No community = No FOMO = No HIVE = No Money!
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I suppose last 2 years thousands of cryptocurrency projects are already dead. Apart from Scam projects, too many legit projects disappeared during Ico phases. Even they reached soft cap, due to the bear market and lack of community supports again some of them failed.
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The main reason for this outcome is that investors are not ready to invest in new projects and do not even want it.
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So many projects are mainly built to last for a while. when the crypto market is fully balanced in some years to come. Then you will notice that not all projects will survive the test of time.
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Some project lose a support from the community and the team no communication or any update about their project.
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One of the reason behind the death of crypto project is because investors stop investing into crypto projects.
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It's true that the community is the one who has always been the best choice for making HIVE and FOMO.
We know that many coins lose their prices because they are abandoned by the community like Bitcoin Gold.
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Yes, it is true that one that supports a failure or success of a project is a community that is less supportive, and also the current down market makes it difficult for a project to succeed, and also many investors who lack confidence in the ICO fail so investors hold back their funds to buy ICO, but that is only temporary I am sure all of that will return to normal if the market rises again.
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There are numerous factors that count for the death of crypto projects on the market. One of the causes maybe as a result of the idea and product behind the project. If the product of the project is not in demand, the project is likely to fail. One of the commonest cause of the death of crypto projects stem from the fact that they lack strong and supportive community. Remember, the community serves as the fuel that power the crypto project on the market.
the dead of some many crypto project doesn't just stick with lack of community and support, there are many factors aside from that such as cloning one another just to be in market as well as develop a project with no aim
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This is very important since we want new players in the market on the long run. Most of the ICO projects are spending the money they raised since they have no any background to support them. Team is not enough for the project or for the idea of CEO/Founder. They don't want to spend money for the infrastructure, so they decide to leave the office with the writing of "DICK" in the website.
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Most crypto products will die solely because they have no prospects for recovery after the correction .
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Financial constraints, the current market situation affecting ICo's, lack of seriousness from the team to get community support and not able to push the project forward are my opinions on the death of most crypto projects.
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I think that the main problem of all bad companies. This is a project team that stops developing a project. They just want to make money at the beginning and then they just throw a project.
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It's true that the community is a fuel for the progress of Cryptocurrency.
We can learn from the way Ethereum works, almost everyone knows how Ethereum works and now the proof is that Ethereum has many communities and is ranked 2 in Coinmarketcap.
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The marketing strategy can also be one of the reasons the Cypto project failed, because marketing is also an important aspect in determining a project. for example, when a project is not supported by a reliable crypto marketing, their projects will automatically fail because their target market will not be achieved and eventually the project becomes unclear, and I think there is a lot of marketing now from a new project not able to reach the target set by a project that ultimately made the project die.
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It is true that the more communities involved in the ICO project, the more likely the project will be to succeed, even though the products offered are very good, but that does not guarantee that the project will be successful.
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None of this is necessary. It may simply be that the project has lost its relevance, or a better project has been created, from a technical and fundamental point of view.
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There are numerous factors that count for the death of crypto projects on the market. One of the causes maybe as a result of the idea and product behind the project. If the product of the project is not in demand, the project is likely to fail. One of the commonest cause of the death of crypto projects stem from the fact that they lack strong and supportive community. Remember, the community serves as the fuel that power the crypto project on the market.
Yes I agree I think idea and demand behind the project are the reason why the project is failing. I think the man behind the project also affect the success of the project
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Due to the lack of support in the development of the project is so sustainable, the lack of enthusiasts who buy the crypto, lack of promotion, at least the number of communities there are, and also the less popular theme of the project makes Crypto to be able to survive. And there are still other things outside that could be the cause.
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No community will help if the project was originally created solely for the sake of profit and the blockchain is not needed at all.
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Because of dumping markets and lack of new investments and investors in cryptocurrency market. Investors fear to invest Due to money lossing.
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We are faced with such projects every time, but the community can not always help if the project was initially of poor quality.
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I agree with that, but maybe there are still other reasons that caused the death of a project. One of them is possible, because the market conditions are now bad, so many investors are reluctant to take part in the ICO. And other reasons
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I see many new coins that have been around for a long time and they have strong developers and communities, I can see the best coins like Bitcoin even though until now Satoshi Nakamoto is still mysterious but BTC has strong community members and to this day has the highest price among other coins
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There are numerous factors that count for the death of crypto projects on the market. One of the causes maybe as a result of the idea and product behind the project. If the product of the project is not in demand, the project is likely to fail. One of the commonest cause of the death of crypto projects stem from the fact that they lack strong and supportive community. Remember, the community serves as the fuel that power the crypto project on the market.
The obvious reason is there is no demand and utilization thats a major cause why Crypto-currency projects are dying after its released and list on exchange, But if the project has a true used case and has a working product to offer im sure it will survive like others in the market now!
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There are numerous factors that count for the death of crypto projects on the market. One of the causes maybe as a result of the idea and product behind the project. If the product of the project is not in demand, the project is likely to fail. One of the commonest cause of the death of crypto projects stem from the fact that they lack strong and supportive community. Remember, the community serves as the fuel that power the crypto project on the market.
I think the reason behind the death of most cryptocurrency, because too many ICOs are scam. The investor worry to invest in crypto.
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I have met with some dead coins and dead projects of the cryptocurrency. Most of them have some lacks, especially:
1. Similar concept with the other coins
- too low trading volume in the market
- listed on the small exchange that has limit of participant
- lack of the team
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Actually there are many reasons of dead crypto projects. But commonly, those are related to the less interest of investors. Then the project fails to collect proper funds to run their plans. I know why investors are not really interested to invest, two of the reasons are about scam issues and low quality of project's concept.
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The death crypto projects may happen if the team doesn't provide the better concept than the other similar ideas. They may also don't have enough promotion methods that can help them to spread out their projects. However for now, the reason is because the dip market that happens so far.
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There were a lot of projects that the community loved very much, but because of a bad product, or rather because of its absence, it was dying.
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I think that the reason is that there is no demand for the project.
the project is not interesting to a lot of people and therefore it dies
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Apart from the end product; if there is no proper communication between the developers and users, expect a total faliure. also most projects are copy cats of already made projects.over 40% of altcoins in the market are known replica of already developed projects. all they want is the money.
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People write MOST Altcoin are scam. Scam means that somebody wish to cheat you directly. after you look wide, not on CMC web site (listing there has solely to try to to with their personal opinion and therefore the opinion was wrong often) however e.g. on coingecko or coinlib you see regarding 4000 Altcoin.
I agree a number of them are scam however i do know I big selection that aren't.
Price is manipulated usually of tiny coins i agree. however thats just because they're unknown and folks try and profit.
Bitcoin value conjointly manipulated by Tether, therefore i feel we must always bear in mind in whole crypto market.
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Because most of them are not projects. They only have whitepaper and nothing else, it is unregulated so really easy to manipulate people about crypto projects. A bunch of kids can create a crypto project right now.
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There are numerous factors that count for the death of crypto projects on the market. One of the causes maybe as a result of the idea and product behind the project. If the product of the project is not in demand, the project is likely to fail. One of the commonest cause of the death of crypto projects stem from the fact that they lack strong and supportive community. Remember, the community serves as the fuel that power the crypto project on the market.
yes I agree with you mate, If the project Is not in demand, the project will fail. I think It is the reason behind the death of most crypto project. Maybe their project is not interesting the investor. So, Project is basic of the success of project.
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Investors are not interested in the coins and then lead the coins to be dead. It has no trading volume again on the exchange and then being delisted from it. Well, it may be caused by some factors. Such as lack of team control and development, lack promotion, simple ideas with not interesting and promising project or products.
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Most ICOs failed due to their inability to utilize the money raised during their ICO to bring what they intended to bring in terms of their products and also due to less advertisement.
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Many projects rely solely on Ideas but do not have tangible products, now there are many real products produced by crypto and there are also many good developers and advisory teams to be able to increase the number of investors who want to buy their products in the crypto market.
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Many projects suddenly failed because of the community and the team, I think some of the project become successful but the team decided to run the money and scam it, I heard some project of it like this. also i think the market really affects how project can become really successful.
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the team itself destroys its tokens
they do not put tokens on good exchanges try to save
but on exchanges with a small number of users, the price of the token falls dramatically
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the team itself destroys its tokens
they do not put tokens on good exchanges try to save
but on exchanges with a small number of users, the price of the token falls dramatically
I agree with your opinions although it is not main reason behind the death of most cryptocurrencies projects, in my own personal experience there are many death projects because the developer of team don't know anything about how to build the businesses related with cryptocurrencies.
The developer of team don't have mindset of enterpreneur they just have good ideas combine with cryptocurrencies but they don't know how to make it be successfull, the the final result of the projects is death.
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There cam be many factors that can lead to the death of a project and you have listed few of this reasons. There is a point where a project dies off when there is problem with the team, lack of poor management or death of the ceo
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there is no development from the developer, coins or tokens that are sold cheaply, the team that just keeps quiet does not provide updates about the project in the future. it is a feature of the dead crypto project. and also the absence of solid community members.
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the team itself destroys its tokens
they do not put tokens on good exchanges try to save
but on exchanges with a small number of users, the price of the token falls dramatically
It is the fact and happened to most new coins.
I think the team thinks to spend low funds for listing their coins. They may think it will be no problems, but it surely gives big impacts.
Small numbers of traders on an exchange means the transactions for buy-sell the coins possibly to be small or very small. This makes a less volume and finally the coins to have very low prices because less of interest from people.
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One of the main reasons for the failure of the project -
This is an unsupervised access to the stock exchange. Usually, bounty hunters immediately drop the price of any coin at the earliest opportunity, and then naturally the coin cannot recover before the ICO price. Investors are disappointed, and with them all the rest.
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The most obvious reason was the platform token or coin has no demand, and utilization these is an important matter so it should be address with thoroughly if there was no demand definitely the price of token or coin will dump and I dont think bounty hunter is the main reason why the project's token price was dump its just a shallow observation.
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i agree on the community side! the heart of the project are the people behind and.loyal to the project. these people will bring success to the project without them it could really be dead. the community is playing vital role for the sustainable of the project in the crypto world. i've seen a lot of project collapsing because of the lack of community.
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if in my opinion the reason why a project becomes dead and abandoned by investors and fans is due to the lack of publication and promotion or advertising and programs that are not clear. so the value of the coins produced is too low and not well known and therefore gradually abandoned by investors and other fans.
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There are numerous factors that count for the death of crypto projects on the market. One of the causes maybe as a result of the idea and product behind the project. If the product of the project is not in demand, the project is likely to fail. One of the commonest cause of the death of crypto projects stem from the fact that they lack strong and supportive community. Remember, the community serves as the fuel that power the crypto project on the market.
This may also interest you on the reasons behind the death of most crypto projects.
1. Cyber attacks: Regardless of market sentiment, if a cryptocurrency is to survive and thrive, a trust in the security of the coin is an absolute must.
If your coin’s network has fallen victim to a 51% attack, that may be a sign that you need to read it the last rites.
In recent times big name cryptocurrencies such as Verge, Bitcoin Gold and even Ethereum Classic have fallen victim to such attacks and are still around to tell the tale.
However, the loss of trust brought about by the attacks could be a hammer blow to their chances of recovery during the next market upturn.
Bitcoin Gold was delisted by a number of exchanges after a series of attacks, whilst the price of Verge has yet to recover from its recent spate of network breaches. It remains to be seen how Ethereum Classic fares after January’s attack.
2.#DevelopmentTeam : If a coin has experienced a huge price drawdown, and development has ceased ,or even worse, there are no developers working on the project, it’s most likely dead.
However, as a good crypto enthusiasts, If you suspect your coin may be ‘dead’, take a look at the project GitHub and check for recent commitments. Snoop around the project Discord or Telegram groups, or even contact one of the project developers and ask for their take on how things are progressing, there may be enough going on behind the scenes to warrant a stay of execution.
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due to the large number of illegal projects as well as the lack of ability of project managers so that the project cannot develop. worse, their orientation is only to pursue profits for a moment without thinking about the next continuation.
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one of the causes of the failure of the crypto project is because developers who are trusted to master the project do not understand the terrain they carry.
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the lack of publication and promotion or advertising and programs that are not clear. so the value of the coins produced is too low and not well known
For me, it is not about the lack of promotion but what the project offers to the public is not interested and has a bad concept for the future of its MVP. There are many projects created with very risky plans that may lead to the hesitation of investors.
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The fact here is that most crypto projects these days are set up for greedy and selfish purposes which prevents them from implementing their projects to the later
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I think the major reason why some crypto project fail is because they lack the ability to fund the project and also fail in the area of community bounty campaign.
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Most projects are after the market. 80% of the New altcoins have no vision and focus. it was obvious that many are after the market movement. they tends to hit market when there is a bull. some has no solid roadmap while many are copy cat with nothing tangible to offer. that is why many don't last in the market creating shit tokens everywhere.
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projects that fail are mostly caused by teams who are less professional in carrying out their programs
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projects that fail are mostly caused by teams who are less professional in carrying out their programs
Yes, and they not really serious. Most projects should not be taken to heart. They talk about their token or coin as if it is already in use telling you endless possibilities. They still dream until they become a reality. At least if they make some progress towards their goals that would be fine but many projects just give up or simply take their chances.
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the number of scamm projects is one of the factors that many projects fail. And more important is mismanagement by the stakeholders of the project.
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The absence of a community that supports a project is the main cause of the failure of the Cryptocurrency project. Because the Crypto project will not be able to stand without the people who support it.
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the community is one of the determinants of a successful crypto project because they will discuss what is needed and not the project. the community is the driving force for the crypto project and for future progress
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Every production vehicle caries enough stored/potential energy to throw you down the road at 100mph for many miles. It does not matter how the energy is stored petrochemical, battery, fusion, etc -- release a large portion of that potential energy all at once and SOMETHING will be on fire
Most consumers have not seen an electrical fire up close, so I understand how they can get trapped by the false idea that "no fire in the engine" == "nothing to burn".
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In my own opinion, the death of most crypto projects can be caused by :
1. Less support from the community. So, there is a lack of sell-buy the tokens/coins in the market.
2. Bad quality of the products or MVPs. This can trigger the bad interest of investors to join.
3. Bad quality of the team members. Team members have big rules, they should know how to improve the project and attract people to join.
4. Investors are afraid to join crypto projects because of too many losses and negative issues.
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there are several reasons for the downfall of projects. these are lack of teamwork, listing on bad exchanges, low engagement of the communities,unprofessional team developer and many more.
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As I see, most failed due to just making a coin for fun, and then developers just gave up of pulled a small scam or pump-and-dump scheme. A lot of coins did this.
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Previously, a lot of projects collected softcaps and hardcaps, but still after some time the project team just left the project and the project just died because of various reasons, now usually if the project dies, then it is due to lack of money or just scam project.
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My own tought might not be the same with yours but i am sure the reason why altcoins die is because majority of them are copy cats. they are copying from other projects. i see no reason why they will survive when they have nothing to offer. the invention system allows everyone to creat one unique project and make it expectational but the crypto system is filled with copy cats re-writing whitepapers.
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Products are very important to increase investment in projects. If from the beginning the product failed and was not supported by a very good team, I made sure that the project would not develop. Besides that the community is very important to maintain the value of the project. The larger the community, the better the results of the project after it is available on the market.
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The product of a Cryptocurrency project indeed greatly influences the interest of Investors in joining and Investing in the project. If many investors join and invest in the Crypto project, of course the project will succeed. And I strongly agree if a Cryptocurrency project must have a large community if it wants to be successful, because with more members the faster the development of a Cryptocurrency project. The Project Manager also plays an important role in the development and success of a Crypto project, therefore I personally trust the professional Manager more than the new manager to join and support the Crypto project.
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Many projects are created purely to generate income. Some.lrpject don't have real product that's why they don't have real value and they suddenly collapse and disappear in the crypto space. I've seen this a lot of project, there are.so.many exchanges created and dead in the long run. E commerce are also rampant project created but most of them gone in the long run.
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Many projects are created purely to generate income. Some.lrpject don't have real product that's why they don't have real value and they suddenly collapse and disappear in the crypto space. I've seen this a lot of project, there are.so.many exchanges created and dead in the long run. E commerce are also rampant project created but most of them gone in the long run.
I have seen many projects die because developers don't update their products and ideas.
More and more scam projects because everyone can easily create tokens on the ethereum network and let's look at the Tartaria project that is already in this forum, the website they have is inaccessible, it is very difficult to predict project fraud or not.
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yes i think so. projects that die are usually due to lack of capital from investors, the development of prices in the market decreases and the team may be inexperienced plus the rise of fraudulent projects that only seek profits quickly
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The one big reason is it was not a single product or even a real use case to drive and create demands of its coin or token. for me that's the main cause why most altcoins are eventually die in the process.
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If projects die, they should be considered incapable of surviving this difficult time for the cryptocurrency, and therefore you should not worry about it. There are already more than three thousand different types of cryptocurrencies in us. Only the strongest are needed. Therefore, I believe that cryptocurrency is developing normally so far. I'm even more worried about the price dominance of bitcoin than the emergence of new cryptocurrencies. A decentralized cryptocurrency is under tough bitcoin price pressure and this is clearly not normal.
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There is different causes of death. The most common death is by abandonment, meaning that investors have simply stopped trading the token and its volume has fallen to zero.
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There are many reasons behind death behind crypto project, investors invest in crypto project and they get scammed. The prices in altcoin have come down significantly for the last two years, which has caused disappointment among investors.
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Now, most of the crypto project is fake and others did not succeed because of lack of investment. Because of so many scam project out there, people fear to invest in any new project.
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There are numerous factors that count for the death of crypto projects on the market. One of the causes maybe as a result of the idea and product behind the project. If the product of the project is not in demand, the project is likely to fail. One of the commonest cause of the death of crypto projects stem from the fact that they lack strong and supportive community. Remember, the community serves as the fuel that power the crypto project on the market.
Good points. However, you could have a good MVP with demand, but if your team and/devs are a lazy and irresponsible bunch, then the product is doomed, irrespective of how good it is
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A project may fail for internal & external reasons.
Inside reasons:
- The idea is not really special
- Poor quality products, not meeting user expectations
- #DevelopmentTeam is inefficient, disbanded or used up capital
External reasons:
- Community does not support: users, exchanges ...
- Competitors
- Legal issue
- Whale/shark manipulation
- Is abused by scam projects
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Most of these projects that die early are projects with poorly thought out plans and projects whose teams have really gone into development with the sole intention of scamming and defrauding people. These projects have no business developing projects or handling community relations. They abandon these projects mid way and then running off with investors funds in the process. Most of the projects that didn't fulfill their potentials are those who really didn't pay interest in making developments once the fundraising was realised.
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Lacking of knowledge about advertising, marketing, exchange arrangements. Some successful projects dead due to the scam exchange announcement.
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There are numerous factors that count for the death of crypto projects on the market. One of the causes maybe as a result of the idea and product behind the project. If the product of the project is not in demand, the project is likely to fail. One of the commonest cause of the death of crypto projects stem from the fact that they lack strong and supportive community. Remember, the community serves as the fuel that power the crypto project on the market.
The next large group of dead projects are (allegedly) scams - a whopping 29.9% of projects on Coinopsy fall into this category. Most of the scams allegedly appeared in 2017, perhaps inspired by the bull market. In this dataset, the number of frauds spiked more than 5 times in 2017 compared to the previous year
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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).
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Having a community is a must-have for any decentralized project. That's why, many projects are very excited to make money through a large community. The lack of a strong community indicates an inability to go mainstream. If the project can't follow the trend, it won't go to the moon.
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Traditional financial theory says that the potential return one can expect from their investments is directly related to the level of risk an asset owns. In other words, higher risk equates to higher potential return.
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I agree that the community and the product will greatly influence the future of the project. In addition to market conditions and the number of competitors that exist and are able to provide more user benefits. There are currently many projects selling and can they compete?
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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.
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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
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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.
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Alot of projects over-promise and under-deliver
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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.
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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
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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.
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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.
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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
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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
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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. ;)
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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.
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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.
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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.
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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.
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Dead projects of crypto projects are (allegedly) scams. Most of the scams allegedly appeared in 2017, perhaps inspired by bull markets. In this dataset, the number of frauds spiked more than five times in 2017 compared to the previous year.
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It is not surprising that many projects die because they do not think about the long term, get profit for a while and then leave it. there are project died before listed on market and many projects died after being listed on the market because there was no circullation (buy and sell) of coins then became shitcoin.
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Ofcource a undeamdable project always going to be end one Day . I always analysis properly before joining any project or going To invest in it .
Unplanned project also didn't good for investment purposes , we must check whitepaper as well roadmap of Every project in which we are going to be invest.
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Mostly it happens due to inactive or inefficient project team, sometimes the developers working in the project are not capable enough to come up with a quality product that is the requirement of the project and all these things result in failure of the project.
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most coins die due to lack of creativity in developing these coins and most of them are from 2017 to late 2018.
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Dead projects of crypto projects are (allegedly) scams. Most of the scams allegedly appeared in 2017, perhaps inspired by bull markets. In this dataset, the number of frauds spiked more than five times in 2017 compared to the previous year.
In 2017 bullish trend was happened about $400B . There was many upsetting news around crypto community 4 biggest scamming.
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It is not surprising that many projects die because they do not think about the long term, get profit for a while and then leave it. there are project died before listed on market and many projects died after being listed on the market because there was no circullation (buy and sell) of coins then became shitcoin.
It is obviously true in cryptocurrency market. It is trending now. Most of the investors loose valuable money 4 that. In about 90% project became scam launching after 1-2 years.
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It is obviously true in cryptocurrency market. It is trending now. Most of the investors loose valuable money 4 that. In about 90% project became scam launching after 1-2 years.
Yeah. Few good projects will survive. therefore we must always update every day to find out the continuation of the project. Is it alive or will it die?
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I think most of the dead projects it's because of lack marketing, slow developing of the project which takes years the investors can't stand anymore.
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The commonest cause of cryptocurrency project death is lack or absence of a viable Minimal Viable Product or MVP. Most projects are hoping to get one from the funds they generate from crowdsale while others are relying on an already watered concept