I keep wondering why new projects are being introduced into the cryptocurrency economy and we all will agree that about 80% of these new projects either don't do well or exits as scam. I know that bounty hunters especially benefits from the introduction of a new project because it's 90% sure to run a bounty program.
But what if the new projects stopped being introduced for us to focus on the thousands of projects that is already in the crypto space and individuals or teams that genuinely wants to make a change can instead either buy all these failing projects and work on them or offer to partner with the teams of the failing projects in a bid to recreate. I mean they could still run airdrops and bounty programs again to reintroduce their projects. Ain't nothing wrong with that right?
Just thinking aloud, don't know the repercussion of this idea, but back me up if it makes any sense
If there is always a new project in cryptoworld, it means there is only two reason why they appeared in this field of business mate.
First is their intention was to show and to explain why the community need to patronize their token and why they need to invest in it? and through their plan and road map their target investors will get interest or not about the project they have. Second, there are certain new project comes up here where the intention only is to scam others or to run away the investment of the investors only nothing else.