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Author Topic: So Many New Projects, Most Are Just Thrash  (Read 1210 times)

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Re: So Many New Projects, Most Are Just Thrash
« Reply #15 on: July 06, 2021, 09:35:20 AM »
Currently, there are so many projects that are no longer good, so don't get stuck in a project that doesn't have clarity, it's better if you want to participate in a project then go to research first as best you can and don't make the wrong choice.
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Re: So Many New Projects, Most Are Just Thrash
« Reply #15 on: July 06, 2021, 09:35:20 AM »

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Re: So Many New Projects, Most Are Just Thrash
« Reply #16 on: July 06, 2021, 09:46:52 AM »
They are mostly trash. Mostly of new comers crypto currency projects are copies of copy from another potential projects. They are aiming to compete but couldn't because they don't have strong team and community to support them. Very possible that more on new comers projects are scam.
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Re: So Many New Projects, Most Are Just Thrash
« Reply #17 on: July 06, 2021, 10:26:07 AM »
As a matter of facts, more than 60% of newly start up projects, whether on the Defi or ERC20 project are fake. Indeed, some of this projects that are using the Binance smart chain (BSC) are only doing this because it is the booming network, and to pretend as if they are real project but majority are fake and scam projects. Beware guys!

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Re: So Many New Projects, Most Are Just Thrash
« Reply #18 on: July 06, 2021, 04:25:07 PM »
When joining bounty companies, we sometimes notice various inaccuracies or other signs that indicate that this project is either poorly prepared due to an inept or inexperienced team, or may be fraudulent. Due to the fact that there are very few subscription bounty campaigns on the forum now, sometimes you have to take risks. Sometimes such projects turn out to be normal, and sometimes they are still fraudulent or simply useless. It is also impossible to guess which project can bring a good profit.

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Re: So Many New Projects, Most Are Just Thrash
« Reply #19 on: July 06, 2021, 04:44:59 PM »
They are mostly trash. Mostly of new comers crypto currency projects are copies of copy from another potential projects. They are aiming to compete but couldn't because they don't have strong team and community to support them. Very possible that more on new comers projects are scam.
it seems that not everything is like what you imagine because there are still many good ones and can succeed, indeed we must not close our eyes that what you say is also true. because there are many new projects whose orientation is only with the aim of getting a moment's profit, after that the project is discontinued or dies and opens a new project again, because that method is more profitable than continuing the project for development.

but the problem is that successful projects always don't pay properly for bounty hunter participants and this is very painful and this often happens without any action being taken, hopefully there will be a good mechanism so that the bounty hunter is not neglected.
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Offline UNIVERSE

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Re: So Many New Projects, Most Are Just Thrash
« Reply #20 on: July 06, 2021, 11:42:08 PM »
I believe that you said this. Because I also experience the same with you.
That is why, we, as bounty hunters or even as traders or investors must be more and more careful, smart, and wise in selecting the projects. Many new shitcoins with very high hype.

Offline TomPluz

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Re: So Many New Projects, Most Are Just Thrash
« Reply #21 on: July 07, 2021, 03:58:58 AM »
They are mostly trash. Mostly of new comers crypto currency projects are copies of copy from another potential projects. They are aiming to compete but couldn't because they don't have strong team and community to support them. Very possible that more on new comers projects are scam.

Yes, unfortunately. Most of these projects most especially meme coins are just plainly scams disguising as sheep but are actually wolves whose purpose is to get as many money as they can and then run - left the project with those who believe in them holding empty digital assets with some even failing to deliver the coins or tokens to the wallets of their investors. Such is the industry we are in...this is the bad side of cryptocurrency that we have to endure until such time when there will be full regulations implemented.

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Re: So Many New Projects, Most Are Just Thrash
« Reply #21 on: July 07, 2021, 03:58:58 AM »


Offline de_prof

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Re: So Many New Projects, Most Are Just Thrash
« Reply #22 on: July 07, 2021, 03:23:56 PM »
I believe that you said this. Because I also experience the same with you.
That is why, we, as bounty hunters or even as traders or investors must be more and more careful, smart, and wise in selecting the projects. Many new shitcoins with very high hype.

Me too,  We should be careful to learn the new projects, read roadmap whitepaper and the team.
Well, many new coins are shit.
Several teams are scammer.

 

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