Quote from: AmoreJaz on March 09, 2023, 03:36:16 PM

Quote from: bittraffic on March 09, 2023, 02:57:24 PM

Quote from: FireDAO CY on March 09, 2023, 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...

The fact that you have doubts about launching it in a bear market, may just be a hunch inside you. Investors are moving out of crypto to wait for the right time again to come back. This time however it seem like the market had bottomed. If this is what you also believed maybe it's not so much of a bad idea anymore since investors are also looking for GEMS.

first and foremost, what are their goals for this project? do they have enough funds to keep the ball rolling in terms of development? or are they waiting for crowdsourcing activities to finance this project? if they believe their platform is valuable in this market and they can get clients to use their platform, then they can push thru this project. as part of the team, you should feel how this project will perform given the seemingly bearish season. it means, there's waiting time for the team before they can see if this project will move forward. but don't rely from crowdsourcing activities to fund this project.

The point you brought up is is on point as capital is always one of the most important element when starting up a new project. Fortunately we've a great team that work very efficiently and maintaining the quality of the project at the same time without wasting any extra budgets. Since we're just at the beginning stage, so we will just keep pushing through the market. We've made our first move by sharing the info about our project in Twitter, https://twitter.com/FireDAOlab. Hopefully everything starts well from there.

Quote from: shinratensei_ on March 09, 2023, 04:43:59 PM

Quote from: FireDAO CY on March 09, 2023, 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.

Glad to see you.

Quote from: FireDAO CY on March 09, 2023, 01:02:58 AM

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...

The bear market will be decreasing the interest to invest in the new project. That being said if bear market will be driving the demand to go down. People are keeping their money. That means if launching the project in the bearish market will give negative impact to your project but as long as your project backed by some big parties and i think that it will not have a problem launching your project during the bearish market. I suggest you learn from some projects that launched during the bearish trend a few years ago like sandbox.

We do wish and also believe that someday someone will see the value of our project and will approach to us. Thanks for the suggestion as we can see that Sandbox is definitely one of the project that broke the barrier and able to sustain for years and perform so well during the bull market. But our starting point might be different. We've just launched our own DID, which we called it FID. Feel free to have a look on our website, https://app.firedao.co/ .

Quote from: milewilda on March 09, 2023, 08:19:39 PM

Quote from: FireDAO CY on March 09, 2023, 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...

We cant really deny that launching projects on a bear market is never been that looking good or ideal considering that most of investors are really that in doubt or in fear on whats currently
happening within the market which means that if you are really that launching up project then its up to you whether you would be pushing through on this bear market but well if
we do speak on projects which are really that having potential or real use case then it would really be still able to get up some attention on the public
which it could neither be supported or not but likely it would really be able to get some attention if its really that good.

Perhaps I just have to be focus on my own. We've shared alot of information about our project in Twitter https://twitter.com/FireDAOlab, and are welcoming everyone to read about it. Feel free to feedback to us as well so that we can listen to the market and improve from there.

Quote from: Rengga Jati on March 09, 2023, 09:31:50 PM

Quote from: FireDAO CY on March 09, 2023, 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...

Is this yours?
https://coinmarketcap.com/dexscan/bsc/0x8092b65de1f063ca2cf02b611ec74ec82c2f3261/
A successful project will need more elements to be successful, not only because of bull or bear market. But exactly, in bear market, the challenge is much higher and you must be more careful and struggle in this bear market. As well as you can make your projects to be well-known and your team can make more engagement, especially listed on big exchanges, making great progress, and doing more promotions, you may be successful. But exactly, the challenges during bear market is higher.

No, it's not. Since the first day we built our community, there are alot of fakers out there used our project's name for their selfish act. So far we've just launched our own DID, which we called it FID. (check it out on our website https://app.firedao.co/) Our token will be launched in future, but not so soon yet. You can read more information from here too https://bitcointalk.org/index.php?topic=5441307.0
High risk high return, we will just keep our best to break through the bear.

Quote from: o48o on March 09, 2023, 11:27:47 PM

Quote from: FireDAO CY on March 09, 2023, 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...

Well i've invested on the projects that started during the bear run because they had a good idea behind them. And from the investor point of view you can get the tokens dirt cheap if the project survives and devs keep building. Because they might have their project ready to roll out for a next bull run. Assuming team doesn't start with a finished product. And from the token price point of view, people who have hodled your token trough the bear market are part of strong community with strong hands. You need those.

I do like to hear more from experience investor like you. Perhaps you can have a look on our project on our Twitter, or read more information from here https://bitcointalk.org/index.php?topic=5441307.0 . Would like to hear more about your do's & don'ts.
This is our official website to mint our first product PID. https://app.firedao.co/