Post
Topic
Board Altcoin Discussion
Re: why are there so many coins and the reason why some developers failed
by
trendcoin
on 02/03/2022, 23:26:37 UTC
...
Most developers have only one vision which is making money that is why many coins doesn't grow and they failed because they didn't see the vision ahead.

I generally agree with your views. Most cryptocurrencies do not have a sustainable economic model. A good project should be financially self-sufficient (It should create its own ecosystem). However, as we have seen, most cryptocurrencies try to enter the market by selling dreams. In this case, disappointment for investors is inevitable. We are experiencing very natural things. Getting a rabbit out of a hat is the magician's job. Such things do not happen in real life.