Post
Topic
Board Altcoin Discussion
Re: Not every blockchain project has a good future
by
bitvalak
on 03/08/2018, 22:47:46 UTC
Hi,

I see a lot of great projects..
But also a lot of project which I don’t like.


Here is why
Not every project needs blockchain. Or not every blockchain project will survive.
In a project you need also a good businessplan and marketing.

Example
I saw Friendz which is a social media project. Nice plan but don’t think it will replace Facebook because
it is in blockchain. You need a lot more.. A LOT MORE to best orher companies with a centralized system.

Be carefull and good luck with your investment

But the fact is that the plan is only a formality for the whitepaper, while the facts in the field are not like that. The ICO project = the project collects money from investors then throws junk coins in the exchange market, investors don't get the profits they want, while the developer team makes profits outside their target. Except for ICO projects that have teams of big people in the cryptocurrency world  Cheesy