There had come many ICOs in 2017 and a good number of STOs in 2018 and many IEOs in 2019 but hardly a few have made it to 'relatively better than others' list.
I wonder why haven't there come potential coins like ether. The only project that looked promising to me this year was bittorrent which was lauched on binance launchpad.
But even that is not going so well these days.
Is the world out of ideas or solutions?
It seems we need a boost of new sharks. You know, many people now use their money just to trade bitcoin and other types of deposits and futures. This is showing that new projects have no opportunity to develop in this market. We need to wait for the opportunity, maybe that's when the market is uptrend again.
The main reason behind the failure of new projects is either those being frauds or not persisting for long. According to one research, almost eighty percent of the projects are scams. After this fact, it makes a whole lot of sense why investors stick with old projects. Secondly, the development team and all the people involved in new projects give up very soon after not seeing success in the start.