Quote from: fuguebtc on Today at 05:01:06 AM

Quote from: FireDAO CY on Today at 01:02:58 AM

FireDAO is a social DAO project based on PID and FID soul-bound accounts, and it's initiated and established by the RainbowCity Foundation. I'm one of the project team member and would like to gather more ideas from everyone in Bitcointalk forum.

I've seen alot of projects did so well during the bull market, but now I'm wondering is bear market will affect the progress of a new project...

When a bear market happens, people will tend to accumulate top projects like bitcoin, eth... and avoid investing in new projects because new projects will be riskier. Personally, I would not invest in new projects at this time, even popular ones invested by large funds, let alone crowdfunding projects. In my opinion, it is not advisable to launch a new project in the bear season because it will face a lot of difficulties, while if it is launched in the bullish season, everything will be smoother and easier.

Pretty much agree with what you say. Maybe we should focus on building community first before launching the project. My team has start to post on Twitter, hopefully we can create more awareness about the project.

Quote from: crwth on Today at 05:21:41 AM

In general, if we are talking about just launching it, many projects have since risen in price since the bear market, and they have started during the bear market since 2017. IIRC, that's Axie Infinity, and they had boomed with their project when it became mainstream. It's just that it can't be sustained, and I had a hard time having an entry with the new players to play it. It needed to be more sustainable.

When you have done your project, you will find a sustainable way. That's what you need to be successful.

Long term sustainability is definitely very important for the market. But I think the market now changes super fast and it's so unpredictable especially in blockchain. Well my team and I will do our best to survive over the bear market. We believe a good project will shine anyway, just the matter of time.

Quote from: Godday on Today at 05:43:18 AM

Launching a new project when the market is in a bear market I don't think is a good idea. Maybe I would say as a crazy idea. If indeed the developers really believe in their project and it is the latest breakthrough in the world of cryptocurrency then it doesn't matter because you can take advantage of your bear market to build a solid foundation for your project so that when the market will experience an increase in trading transaction volume, your project is no longer a "new project" which of course it will be something positive to get a lot of investors. This means for new projects not to burn too much money and be too ambitious if they want to launch the project in the current cryptocurrency environment. Start by strengthening the fundamentals of your project and I believe it is the best choice you can make.

This is exactly how my team think about it. Building a strong fundamental during the bear so that when the timing is correct, our project will be seen. We have started our moves by sharing the idea and info of the project on Twitter. https://twitter.com/FireDAOlab Looking forward for more people can reach our project and give more opinions to us.

Quote from: Strongkored on Today at 05:47:36 AM

Don't really follow the development of new projects that appear but a few years ago when the ICO was in a high trend many projects that had completed their ICO stages preferred to wait to enter the exchange until the Bitcoin price entered a bullish period, this was done to avoid massive selling but whatever the conditions are bullish or bearish a project that has potential will always be able to survive and continue to exist in the crypto world for quite a long time because it has clear development as well as clear use cases.

Thanks for the advice. Afterall Bitcoin still plays a massive role to lead the market. We will work hard to be one of the project that will exist for a long time.

Quote from: LogitechMouse on Today at 05:52:53 AM

Quote from: FireDAO CY on Today at 01:02:58 AM

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I've seen alot of projects did so well during the bull market, but now I'm wondering is bear market will affect the progress of a new project...

It depends on your motives.

If you really wanted to bring a good project to the investors, it doesn't matter whether it will be a bull market or a bear market. Yes projects are going up and doing well in the bull run, but most of the projects after the bull market are either going down in popularity, the developers suddenly leave the project with no developments whatsoever or just turning out to be a scam project.

Bear market is for the developers who want to deliver projects to the investors. It's their time to develop, upgrade and make the project better. I've seen projects that are emerging in the bear market, but the problem is most of them aren't successful. Even those projects that have been created in the bull market doesn't guarantee them a success as well so I guess it doesn't matter whether you launch your project during the bull or the bear market.

Thanks for the precious opinions given. Quite agree with what you've mentioned, there's always project that failed during the bull market and also project that success during the bear market. My team will keep grinding and deliver the best out of our project. We've start to share and deliver the ideas about our project on Twitter https://twitter.com/FireDAOlab. Will continue work from here.

Quote from: MAAManda on Today at 06:29:01 AM

Quote from: FireDAO CY on Today at 01:02:58 AM

but now I'm wondering is bear market will affect the progress of a new project...

If it's about project progress, neither bear market nor bull market should affect it. But if your motive is to get market capitalization for your project, of course the bear market will have impacts. The reason is because people are holding their coins/tokens which are at a loss. they have little or no money left to invest.

Of course we wish to get market capitalization to expand our project better and faster, but we also believe our project's core value that the market will eventually see it. And of course, a little wish that the bull will be back ASAP.