Post
Topic
Board Altcoin Discussion
Re: Old companies that implement crypto will always do fine
by
Shallow
on 04/10/2019, 11:47:37 UTC
I don't waste my time with new projects anymore, 99 percents of them are rushed to make quick gains and cater away with the money, i don't expected more than 5 good new projects in a whole year, why?
1. Good projects takes time to build, they aren't rushed so they take lots of time in development
2. Real working products from companies that have been in existence for years are way better when they implement blockchain tech in their company it will work out
3. Its red flag to projects from companies that starts on crypto from scratch, meaning that they are able to be where they are today with crypto.

Example companies that implement crypto and standing strong with their idea is Clear foundation or Wings Mobile, those are new ones i have seen, i know there are more, care to share?
Thanks for this, there is no better truth than what you outlined. Many upcoming projects nowadays are just here for quick profits, the team will be active during the initial stage but once public sale finishes they will go mute and when asked you will hear, we are working on our project and yet nothing to show for. Like you rightly said, good projects takes time to build and any existing platform coming into the crypto space is mostly looking for ways to Implement new technologies thus the reason they always perform well. Also, owing to the nature of this space, investors value real working product and when they see such, won't hesitate to participate. Your third point is just the nature of most projects nowadays and IEO is helping them achieve the goal of quick cash out.