Any need for New crypto projects

[tonymillions84]

every year, we see new projects getting listed in the crypto market. we have over 5000 tokens listed on Coinmarketcap. it is presume that more are coming. we know that over 2000 tokens are worthless and have no value. can we by any possible means STOP more coins or filter the market.
is this possible.

[aiviaa485]

If we have funds it might be better to trade Bitcoin with Fiat than we trade with altcoins that don't yet have value.
Especially like the coins from ICO, IEO or STO because all the altcoins now are like a trick to fool investors. This is my experience with coins from IEO on various exchanges except Binance.

[Istiak]

I think as long as there is a new idea a new project will keep coming. But it is noticeable that there is not much new project recently. So I think new project should try to find a way to use the old token to their project for the payments system. Then old token can survive the market.

[Andruha1993]

And what's wrong with that is that there are many different altcoins. It seems to me the opposite is very good. Some die, and some appear altcoins, as they say "natural selection." Therefore, I think you do not need to filter out anything.

[vaysar]

The closer the global crisis is, the more investments will flow into the crypto industry, as evidenced by yesterday’s stock market panicsale and rising cryptocurrency prices. And the more new technological crypto start-ups will appear - the era of the digital economy is just around the corner.

[masterrex]

every year, we see new projects getting listed in the crypto market. we have over 5000 tokens listed on Coinmarketcap. it is presume that more are coming. we know that over 2000 tokens are worthless and have no value. can we by any possible means STOP more coins or filter the market.
is this possible.

Until the crypto industry is decentralized and remain open it will not stop, more and more ICO,IEO etc. projects will launch to the market. but eventually it will die because it has no real use case to create demand as we notice most of the projects and ideas are already existed so there's nothing new to offer. and what we can expect it will become a pump and dump project.

[trauchot]

This is impossible to stop, since the cryptocurrency sphere is developing and spreading all over the world very quickly and therefore more and more people want to open their cryptocurrency company and create their own token, so this helps the cryptocurrency sphere to develop even faster.

[alstevenson]

I must say that almost 90% in the market that have no use case in the real world or stop their developments/progress. Its hard to stop coming of new projects but we should always support the quality projects cause they need our help. And stop promoting scammy or fraud projects for the future of industry.

[Delgboke]

The more new cryptocurrency project coming into the crypto industry just as some of the already existing cryptocurrency project that are not valueable are gradually fading away, when I checked some of the cryptocurrency platform as of yesterday I saw many upcoming crypto projects.

[Luckyperson21]

Coinmarketcap already did it. Projects that are not active already been removed, not like the old days. basically we can't stop it. Every year there will surely be many new projects appearing. You don't need to think about so many tokens, just look at the exact altcoin.

[Prime]

-snip- can we by any possible means STOP more coins or filter the market.

I agree that basically, we don't need any new coins. But how to stop it? I think we have no way to stop them. There is no institution managing the crypto world, it is decentralized. With this condition, everybody can produce and promote their projects at any time.

[Uina]

We really have no control over it. Only Coinmarketcap or other exchanges are able to make their decision of not accepting useless coins that want to get listed on their website. What can we only do it not to support those ICOs we think are not good to be on the market.

[Zemytha]

basically we can't stop it. Every year there will surely be many new projects appearing. You don't need to think about so many tokens, just look at the exact altcoin.

You are right. Every year there will always be new projects. Technology will not stop developing. therefore innovation will always be created. The problem is, we don't know whether everything is good or not. From what we have seen, there are still many projects that are not always clear popping up.

[Delgboke]

For the facts that not every cryptocurrency project in the cryptocurrency world is actually successful most of the cryptocurrency project are dead, I think that's why we need be cryptocurrency project and there are many upcoming project.

[LogiC]

Actually we are already on excess of these new projects. Most of the platform that out and introduced are only an imitation of previous projects and just change their name. Some of the developer also are jumping ship from one to another after the hype on their previous projects are over.

Many are doing these and I dont know if its just purely business for those developers. Hope there will be a regulation that control over these new launch projects.