5 Challenges crypto projects face

Crypto projects can be simply as affording and selling of services by using tokens of the projects. We will have to consider the point that how do we get our customers when we plan to setup a utility-based network that will solely for commercial network and also we will have to be sure that the tokens is being issues by us so that it is easy for the customer to have a third-party exchange.
Investment in project and investment in stocks or property with a great hope and of higher risk for loss would help the funds and pushes and acts as driving force for customers to adapt to this network. Just alike mobile sellers our customers would be suffering with the risk of losses, if the network system does not change its prices with the fluctuations of the new tokens to be issued.

Five challenges that a crypto projects are facing are

Providing a mechanism for the project to get funded
The funding for a cryptocurrency project follows a traditional way i.e. crowdfunding. It typically follows a way where the investors can invest in a project with their Initial Coin Offerings in blockchain. Though crowdfunding is considered to the future scope for investments with cryptocurrency, investors still hesitate to invest in virtual money project. But eventually investors and utility buyers tend to understand crypto currency is just like investing in share market. Many blockchain startup companies had raised billions of dollars of profit with just their whitepaper and websites.

Jointly hold the team and investors together on same alignment
A class of objects had to be made i.e. objectives or short term/long term goals had to be fixed for the project that would make the investor and the project to have bound together in terms of making any decisions. This will put the project team and investors who invests in the project to earn more confidence and get both on same alignment.

It must be easily accessible for the network in real usage
Anyone who is in that particular project network should have an easy access in real world applicable usage. It is one of the key challenges that every cryptocurrency project faces when it comes to the real usage. Since it completely deals with virtual currencies, real usage for these crypto currencies are bit complex but developing at a very fast pace.

Keeping investor and real utility buyers separate
For in case of inside a crypto project the investor who invests in the project and the buyers who get the utility coin must be kept separate. But the challenge that rises here is that many times the investors and the utility buyers tend to fall the same. So holding investors and utility buyers separate is a major challenge for a project.

Make it simple
Only when an investor as well as the buyer feels easy to access and use the crypto currency they would tend to invest or buy in the crypto project. So it necessary to design and develop a crypto project that is simple with its working process.