Quote from: tuvven on December 13, 2019, 08:31:02 AM

Quote from: polarew on December 13, 2019, 07:01:30 AM

Quote from: tuvven on December 12, 2019, 03:21:37 PM

Now it is difficult to start a project from scratch without having any initial funds. It is good if there are partners or an owner who can make an initial investment. Does the project have such partners?

Usually there is not enough money for the implementation of the idea. One of the tasks of crypto projects is to attract investments through ICO or IEO. If the project looks promising then there will be investors.

But it often happens that the money collected in the ICO or IEO is not enough for the implementation of the final product, or the team works inefficiently and the launch of the product is constantly postponed.

According to some reports, more than 80% of crypto projects end in nothing. I do not know how true this statistic is, but I think that there are a lot of projects that cease to develop and close.