Well, idk but I really wanna ask this question here, as we all are seeing lots of new alt crypto roaming around the crypto market. what are the factors needed for successful crypto projects, does anyone know?
Considering the current state at which new projects are being launched, projects solving real problems in the crypto ecosystem are projects with a good future. Solving real problems in the crypto space is the only factor that guarantees the success of the project. I will not recommend that people invest in projects that do not address a problem or gap in the crypto ecosystem. For example; PSTAKE is a project addressing a gap seem in liquid staking. Such a project contributes to the improvement of the crypto ecosystem and has a higher percentage rate of becoming successful.
Creating new projects specially now when the market is totally that saturated with lots of ideas where it is really that tough to consider investors on supporting yours specially if its something not remarkable or amazing or something like that.You would definitely fail on this one but somehow there are investors which could really see the potential of a particular project which
neither they would be supporting or funding it or would be completely ignored depending into their own decisions and in overall community, so it does really depends.