many new Altcoins/tokens fail

[nattekut]

Many people are screaming out scam ICO, shit project, dump tokens,..... 

everyone knows this but always they are screaming out to the developers and the team that its their mistake the project fails or when the price of the token suddenly drops when it hit exchanges. But I am very convinced that in many occasions its the community that support the project is the cause of failure.

This is what happens when a new project launches.

• First reactions when a new project is announced are ' is there any airdrop sir?' or 'is there a bounty program?'
• First reaction when people join the airdrop ' hey sir when does the coin hit the exchanges?'

 

Both examples show that people just aren't interested in projects anymore but just are after free money and free tokens to drop them on the exchange as soon as they are tradable. And after that they start complaining when the price on the exchange crashes.... but it just has been caused by themselves. 

I would really like to see a project for once that does not give away free tokens in any kind of way and only attracts peoples/ investors that really show interest in a project.

[Fighting]

I think one of the reasons for failing is that many new Altcoins / tokens fail because they have poor advertising
 

[williamshennie9]

I mean, even just in terms of probabilities, with thousands of new coins being created daily, there is a very good chance that thousands of them will fail too. That's why these ICO's are so risky.

[nattekut]

2 hours ago, williamshennie9 said:

I mean, even just in terms of probabilities, with thousands of new coins being created daily, there is a very good chance that thousands of them will fail too. That's why these ICO's are so risky.

yeah I would rather see a project that first develops their product and after that reward people that really use the product. Would be much better. Instead of raising money for development better first develop and then reward tokens of people for example take a subscription on the product or service.

Cause most ICO are just way too overpriced. They sometimes want to raise x millions of dollar and actual development only requires 1/10th 1/20th of what they are raising.  Rest is spend on advertising and bla bla bla. But in reality a lot disappears in the pockets of the devs and rest of the team and not forgetting paying huge on advisors

[Kate]

Yeah one of the reasons that good altcoins fail a lot is because they do too many airdrops and people just dont care about bringing up the coin just about getting free money from the coins.