Quote from: Kelvinid on March 10, 2023, 08:15:22 AM

Quote from: avp2306 on March 10, 2023, 06:34:14 AM

No its very bad timing for new project to enter on bear market season because many people are in hold position because they are afraid about the dumping stage happening in the market.

And pushing to launch a project in this situation might cause failure because provably there are low number of investors will support the project because majority are afraid to release some funds because either they are stuck and their balance is on exchange or maybe rather they don't also see this time as perfect time to invest since its risky for them.

It could be one reason but not all investors have that kind of mindset and just hold during the bear season because many of them are looking for a gem, particularly in new projects. However, it couldn't assure also that they will pick FireDAO in this case, unless they saw the potentiality of this project. It is very important for their team to make this project visible to the community as early as possible in order to assess it. Might not instantly get a bunch of investors but if they are useful to the community, not impossible for them to gain interest and more investors to come when the bull season comes.

Perhaps you can have a look on our project to see whether is it a gem or not. This is our Twitter, https://twitter.com/FireDAOlab and here is our first DID product, FID https://app.firedao.co/MintPassport. And you can find more information from here https://bitcointalk.org/index.php?topic=5441307.0 . Would like to listen to your feedback.

Quote from: Dragonfund on March 10, 2023, 10:50:26 AM

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...

Tough time don't last, only tough people do, that is what define any coin that survive Bear market. One of the reasons why teams prefer to launch projects during bull runs is that it is so simple to raise money from investors, whereas in a bear market, it is challenging to raise $100k from investors, even when you have a good representation of projects to show investors. However, this has the drawback that these projects often fail because investors want to sell and take their profits, which causes them to fail quickly. Those that appreciate the initiative, however, will stick onto their coins during a bear market and won't sell until another bull run.

Thanks for your words and this do encourage me and team alot. I believe investors will never stop looking for good project and when bull is back, we have confident that we will attract more attentions as we already built a solid foundation and ready to shine.
This is our Twitter, https://twitter.com/FireDAOlab and here is our first DID product, FID https://app.firedao.co/MintPassport. And you can find more information from here https://bitcointalk.org/index.php?topic=5441307.0 .

Quote from: Mr. Magkaisa on March 10, 2023, 06:34:38 AM

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...

- If the flow of your plans for the project is going well, I don't think the current bearishness of the market is an obstacle. As long as the team and the roadmap of your Firedao are transparent, you will be able to do it little by little, the result will be good.

But you must first establish your community that will come in and support the project you have, why don't you try to have a giveaway or airdrops called, because many communities here in cryptocurrency are looking for that, this is just my suggestion again.

Thanks for your suggestion. Yea Airdrop is part of our plan and it's on the way. You may follow on our Twitter for more information, https://twitter.com/FireDAOlab. Here is our first DID product, FID https://app.firedao.co/MintPassport. You also can find more information about FireDAO from here https://bitcointalk.org/index.php?topic=5441307.0 . It would be awesome if you can give me some feedback about this project.