Funding Bitcoincash projects.

17 92
Avatar for Big-E
Written by
2 years ago

Funding Bitcoincash projects is also a means of supporting a project financially, also supports the progress of the Bitcoincash's ecosystem, a typical example of projects that are funded recently includes flipstaters, smartbch token projects (sep20 tokens), Eatbch, and other ecosystem friendly projects.


Reasons behind funding Bitcoincash.


Why do investors fund Bitcoincash projects without expecting anything from the project???, This mystery remains hidden.

Mainly the progress of Bitcoincash's ecosystem is one of the reasons behind the funding.

Take for instance why you would fund a project without expecting anything.

  • To show that Bitcoincash is a replacement for Bitcoincash, and would achieve all that Bitcoin can't achieve since its launch.

  • A replacement for real cash funding it projects is just like funding the future of cash, but it is not anyhow cash but an electronic copy of cash. The development of its ecosystem would help a lot of users.

  • To make many other investors see the opportunities Bitcoincash has to offer the world.

  • philanthropist would fund projects without expecting profit from it and also since he/she supports humanity itself and it would be easy to support projects.

Funding raising is a choice that an investor has to make, no one is forced to fundraise for a project it is free will.


Why do many lose hope in fundraising a project?


Reasons behind why main stopped funding projects, or are about to stop funding projects are yet to be revealed.

When Bitcoincash maximalists stop funding projects, many projects would become futile.

  • An investor can stop fundraising if he/she doesn't find consistency In the project.

  • Fundraisers would stop funding projects if they got scammed or a project is a scam and this would prevent them from supporting another project.

  • When the listed aims or vision are not done or put into action.


Why many investors can't leave fundraising.


I kept Reading the @molecular article countless times to find the reasons why many want to stop supporting Bitcoincash, but I found some, and I noticed that he said he would stop fundraising, and also if many fundraisers see the reason why he wants to stop fundraising others too would be pissed off from projects and Bitcoincash ecosystem might become futile and also underdeveloped.

  • Not all accept being scammed twice so the big heart investors who got scammed can go for another, or keep funding projects.

  • Cause they can't see people suffer, the read. cash is one of the platforms that reputable stakeholders funded just to support bloggers.

  • Just to see the progress Bitcoincash is making and also surpass many many other altcoins.

Conclusion.

Fundraising is a free will no one is forced to do so, and then I also fund projects with the little I have.

Many Bitcoincash projects were abandoned mainly because there are not enough funds to complete or utilized the project and later ended up as scams.

All information this article carries facts and more information about the topic and all materials used in this article are mine unless stated otherwise

This article is not giving out financial advice and fundraising is not a must, but the reason behind the article is to share my opinions about fundraising.

The information is free from erotic content and all the information is used for the promotion of cryptocurrencies.

20
$ 4.59
$ 2.82 from @TheRandomRewarder
$ 1.00 from @molecular
$ 0.10 from @HappyBoy
+ 17
Avatar for Big-E
Written by
2 years ago

Comments

found some, and I noticed that [molecular] said he would stop fundraising

I said I would stop contributing to BCH projects if the 8% IFP tax became a reality. The reason: BCH would be a bad coin with a tax and I wouldn't want to support it any more. Luckily the 8% tax got averted and I can keep contributing to Projects that further the values (and increase the value) of BCH.

$ 0.02
2 years ago

The fundraisers are trying their best to make a project work out in the blockchain with less or no reward, just for the advantage of Bitcoin cash coz of the love they have for the green coin believing that it has a future. But they feel reluctant, and plan to withdraw it when their effort is making it stand out different from other coins is in vain

$ 0.02
2 years ago

I would one day start funding projects too and I hope it is really soon, and people who fund projects don't really want to gain anything from projects.

$ 0.00
2 years ago

People who fund projects, most of them don't really care about the reward, they only want it to progress. They want it to grow coz they see a brighter future in it so that the world can benefit from it. I hope everything also works out for you so you can do more

$ 0.02
2 years ago

True words my friend. Fundraisers are really trying,but when the effort and resources go to waste, they'll start to lose interest in other projects. Have a wonderful day my friend.

$ 0.02
2 years ago

Yes they would loose interest in projects if they found out that ls scam

$ 0.00
2 years ago

Salute to all fundraisers, and investors for their generosity they help people a lot.

$ 0.02
2 years ago

Yes I agree with you they are really trying to make sure Bitcoincash is an outstanding altcoin

$ 0.00
2 years ago

My dear friend, you wrote a very interesting article. I think many investors and fundraisers have a very good and kind heart. Because they invest in projects generously and without expectation.

$ 0.02
2 years ago

Thanks they are the back bone of Bitcoincash

$ 0.00
2 years ago

Investors always look into project for long run & term . Project,s liability , strength , userbase and store value are main things for investors. BCH has all these qualities to get the trust of them.

$ 0.02
2 years ago

Yes sir, Bitcoincash is getting many people's trust and very soon many would switch to it.

$ 0.00
2 years ago

So it means some projects didn't succeed was because of fail fundraising. I am not really knowledgeable about this matter however I found your article so informative. Thank you for sharing your knowledge about fundraising anyway.

$ 0.02
2 years ago

Fundraising is the strong hold of Bitcoincash

$ 0.00
2 years ago

Your articles are always been informative for newbies like me as i don't have much know how, big thanks to you for this.

$ 0.33
2 years ago

Thanks for dropping by you are too much

$ 0.00
2 years ago

You are most welcome, That's my pleasure

$ 0.02
2 years ago