Quote from: audaciousbeing on September 12, 2019, 09:04:23 PM

Quote from: joseyphil82 on September 12, 2019, 08:04:21 PM

What the *eck is going on? we have many good projects coming into crypto space but they mostly end up failing, too many good new projects are dying as if they are been created to just die, what do you think its killing new good projects apart from scam projects?

What is largely killing the good business is funding because they most times don't get to anywhere near that soft capitalization talk less of hard cap which usually happen in the past and when that happen all milestone established in the framework and project completion timetable becomes a futile exercise or say an exercise that is a waste of energy. The reason is not far fetched though, its that the market has gotten to a point where every project sends a signal of scam and several amount of money is needed for campaign if that notion would be converted to a one receptive to projects otherwise, it would not make any difference other than to fail.

For the time being it can be said that it is very difficult to attract investors to invest in new projects, the reason being that many projects turn into scams which then make investors disadvantaged and do not want this to be repeated, so they will be more careful or you could say will wait at the right time to start investing again in new projects. Because of the difficulty in attracting these investors, the softcap has not been reached and the plans that have been prepared will be in vain and fail.