From what I've noticed, if you want to launch a serious crypto project, you're looking at needing at least $100,000 in capital. Let's be real: whether you're part of a company or connected with investors, there are tons of intriguing projects popping up every month. Sure, some are just scams, but among the legit ones, how many could actually turn into solid investments or bring value to the ecosystem?
Back in 2017, I thought it would be possible to create something like Bitcoin in a similar way, but the reality is harsh. You really can’t launch something like that without a huge investment, along with servers, nodes, and a whole framework that demands a lot of upfront cash. These days, to get listed on trustworthy and regulated exchanges, you’re gonna have to cough up fees starting around $10,000, plus liquidity costs.
I used to be pretty skeptical about pre-ICOs and pre-mined coins, but honestly, if you lack the funds to push a project forward, what are your choices?
Are you just gonna wait for the community to come together, not knowing what their true intentions are? Rely on good faith? There are so many people out there who can sabotage projects, spread lies, and then replicate successful ideas; I’ve seen that happen way too many times.
Is raising investment the best route? Selling pre-mined coins? Doing a pre-ICO? What do you think? Are there better options out there?
I think launching projects now is harder than ever, just because of the current market saturation. The majority of launched projects are no longer effective, and the standard do tasks and get rewarded approach is largely nonexistent or doesn't help projects move forward. There should be a novel approach, and hopefully it clicks with the market.
What I'm thinking of is something that is along the lines of open-source and delaying the drop or something. Maybe you could check that out.
if listing your token to an exchange is already a pain but don't give up yet.
there are too many projects these days, you can't possibly create a unique one anymore that is why tokenization of real world assets (RWA) is coming in already.
maybe building a company with hard assets, physical infrastructures and so on will do. and then tokenize the business. this eliminates the doubt you are a fake project.
I've been paying attention over the past few years, and what's proven to boost a project's chances of becoming a successful project in terms of valuation is having connections with prominent crypto figures and VCs, or even having them involved structurally.
Without that, even serious projects might progress slowly or even stagnate. This doesn't mean they have no chance at all, but the reality is that the real competition is visibility.
Only some projects were serious about creating something. The rest was just trying to be exist scam. Plenties of project raised 7 - 8 figs from CV, but they cease their operation due to the lack of operational budged, which i guess most of them are only scamming.
If you don't have capital, then appli for a mentor ship from exchange sites program. Binance has been binance academy, which let a project with limited fund to get mentorship and funding by them. So it offers an opportunity for a project with good innovation, but lack of infra.
If you have a solid one, then start to send an application to VC. You can also try to tell your intention to do launchpad on exchange site, it will help you to raise fund.
None of them but connections. You see that there are new projects that have been packed with budget and backed by investments but they're like just the quick cash grab projects because of the intention of the developers. But if a developer is serious, they'd go with the connections and try to make their project mention by a known personality in this space. Even not being mentioned, study the history of the shiba inu. It's made as a joke the same goes with dogecoin but the connection of where the huge amount of its supply was sent to Vitalik did the job.
You can always attend crypto conference, make some network and pitch your project to the reputable investors. There are tons of VC with track record of investing into small projects you just need to get one although its gonna be difficult, if they see an opportunity in your project they'd invest right away.
What matters is building your reputation, and actually building a good project.
If your project is just reinventing the wheel or anything like that, you'd hardly find any investment.