Post
Topic
Board Altcoin Discussion
Re: Quality Projects Revival
by
khunyung
on 19/08/2020, 12:48:09 UTC
I was thinking about it so i thought to post about it here and discuss about this matter. Actually I have seen many good projects that either paused or cancelled there projects due to long bears market and decline of ICOs, I am talking about 2018 and onwards.
There were some good projects that got discouraged and closed the projects due to low or no funding in the bear market. My personal suggestion would be that the teams should consider reviving their projects now, modify them according to new market needs and then come up with a MVP and then start IEO or ITO as the market conditions seems to be improved now.
So what do you guys think about it?
Which projects or coins come to your mind that could have done well if they were able to raise decent funds?
Also if someone from the team of such projects reads this, he/she can share his thoughts and opinion too.
Not a member of any team, but would like to tell my sincere opinion on the topic.
I think that industry is overcrowded and that what makes it go forward so rapidly.
However, I don't see that industry somehow is in the need of projects that were leftovers couple years ago.
I mean its all up to the team that abandoned their project - if they have the will, power, energy, time and resources to try again - do it, that is great.
But I don't see community being an engine of that process, because there are already so many projects that you barely can keep the track of them, I'm not even saying about engaging in each one of them.