5 Things Successful ICOs Have in Common.

tazmantasik

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Quote from: Peanyut991 on October 15, 2019, 02:52:58 AM

I think we should not discuss ICO anymore, because the ICO period has ended and as we know that at this time IEO is a new thing replacing ICO. I think IEO is better than ICO.

You are right, IEO is better than ICO.
We cannot forbid people to talk about ICO, in fact also that investors will prefer IEO over ICO.
But behind the better IEO, there are still a number of projects that are currently doing ICO.

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Quote from: Mammothcoin on October 14, 2019, 10:32:54 AM

When you day a successful project, what do you mean? What standard do you use in measuring a blockchain-based project? If you say 'hype' then you're most likely judging the price or the ICO our IEO the project organised. I can assure you that price or funds raised is by no means a measure of a successful project. The project might have had a successful price pump or Crowdsale but if it doesn't achieve it's target which it set out in its roadmap, it is unsuccessful.

Good question. For a lot of projects these days, successful just means they manage to raise above or equal to their ICO soft cap. But in terms of actual product, meeting the roadmap and achieving any objectives, almost no project has done this, or they keep revising their stuff to make the objective seem like they are achieved (as in, if we did X, let us change objective Y into X so it looks like we succeeded). Such a sad state of affairs, to be honest!

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I think we should not discuss ICO anymore, because the ICO period has ended and as we know that at this time IEO is a new thing replacing ICO. I think IEO is better than ICO.

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Another is getting on reputable exchange with a great hype as Binance. Let's not forget most projects has great idea and reputable team members probably from past successful projects or just successful individuals. Hype alone doesn't do it but substance inclusive makes the difference.

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HYPE was created because of good marketing, not only about spreading news through websites and press releases, but also about how to disseminate information through social media groups, most ICO that HYPE is known for are group by social media such as telegram, although this is indeed quite annoying because of spam, but in reality this succeeded in making HYPE bigger. and this is usually based on a strong community.

Jocuserious

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This time here have some successful ICOs but nor lot of man because two more years i have see lot of scam and fake ICOs. Since at the time totally believe in ICO very hard for me because already i have face lossing for investment in ICOs. Actually Powerful trust team with good development and partnerships project will got success everytime.

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Quote from: minersday on October 14, 2019, 02:12:59 AM

Quote from: adncoin on October 07, 2019, 07:14:05 AM

We have noticed that a lot of successful ICOs have exhibited common factors. One of these is their use of hype. Another is a detailed presentation of the company's roadmap.

Looking at the crypto space now, hype does not really say that the ICO is gonna be successful. ICO projects that have the potential of becoming successful are projects that have workable products which act as the backbone of the project. These products must solve a particular challenge seen in either the financial ecosystem or crypto ecosystem. With such projects, investors will be willing to invest in. The success of an ICO project is when investors invest in it massively.

Hype is indeed not one way to be an ICO success, it is only as a suggestion for more promotion. With Hype people will see and recognize more deeply. The rest, it depends on the product. Exactly what minersday said. I really really agree with a project that has a superior product.

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The two factors you just listed are not a guarantee for a success project these days. Times have changed and people are non-longer moved by HYPE and ROAD MAPs.

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my experience is that the price of tokens is expensive, so the number of tokens allocated is not too much.
With a few tokens but the exchange rate against $ USD is high, I think the results are still pretty good.
For example, the total amount you get is 1000 tokens but the success of the ICO project can only reach 1 token = 0.01 $, the result will be smaller than you get 10 tokens where the ICO project successfully penetrated 1 token = 10 $.
I personally will pay more attention to ICO projects that have a good concept, and not just look at the number of token allocations distributed.

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Quote from: Mammothcoin on October 14, 2019, 10:32:54 AM

When you day a successful project, what do you mean? What standard do you use in measuring a blockchain-based project? If you say 'hype' then you're most likely judging the price or the ICO our IEO the project organised. I can assure you that price or funds raised is by no means a measure of a successful project. The project might have had a successful price pump or Crowdsale but if it doesn't achieve it's target which it set out in its roadmap, it is unsuccessful.

I agree with you. To understand whether a project is successful, time must pass. Take a look at any of the coins from the top 100.
of these projects can be called successful. What will unite all these projects which, after years, still hold their positions in the leaders of the crypto market? I think the main thing is the idea and the working team.

Mammothcoin

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When you day a successful project, what do you mean? What standard do you use in measuring a blockchain-based project? If you say 'hype' then you're most likely judging the price or the ICO our IEO the project organised. I can assure you that price or funds raised is by no means a measure of a successful project. The project might have had a successful price pump or Crowdsale but if it doesn't achieve it's target which it set out in its roadmap, it is unsuccessful.

Ferris419

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Quote from: mdzahed134 on October 13, 2019, 04:44:55 PM

Quote from: zeze18 on October 07, 2019, 11:18:12 AM

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Having a professional and reliable team is the most important thing that every ICO / IEO project must have, because without a professional team, often the project Will fail and die. Furthermore, their mission and vision must be clear and logical without make doubt for us.

This is the hardest part.. Detecting the professional team itself, it's really hard since they can make fake linkedin and some of them talk like an experinced crypto person.
We need to approach them deeply to make sure they know what they are doing

Yeah, this is too much difficult to find out which core teams are solid because they used fake social network with a lot of fake information to attract investors. But when you will do research with whitepaper and overall the project than many things you can be detect their lack of experience. Fake team and copy/paste whitepaper you can trace after your analysis. Also a lot of scam detector members in this forum. I think professional team is the big factor to success in any ICO.

Scammers are smart enough to make a good team and an eye-catchy whitepaper. I saw some big project's whitepaper has copied words but they gave credits/reference of the source. Scam projects are doing the same now. Therefore, if you spend a few hundred bucks, you can get a perfect whitepaper with perfect team members. Therefore, nowadays telegram active members can be bought, so, you can prove that you have an active community. This is not the end, you can buy social channels, accounts from some online marketplace. I have been looking very carefully over some projects and then I confirmed this information. That's why nowadays I only care about a project's verified partners, big media coverage, live AMA, active twitter page with events, updated and LinkedIn account history.

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Quote from: BlackFor3st on October 14, 2019, 09:40:55 AM

Quote from: adncoin on October 07, 2019, 07:14:05 AM

We have noticed that a lot of successful ICOs have exhibited common factors. One of these is their use of hype. Another is a detailed presentation of the company's roadmap.

You forgot the most important part of successful ICO's which are detailed whitepaper and solid marketing strategies. Without these two, ICO's will not become successful.

Right now, hype is not very useful as investors already knows this kind of tactics especially if the hype is very obvious.

But hype is among the primary things that marketing is trying to create. In my observation, hype is the next important thing that could promote a project after the quality of the product itself. Because solid marketing strategies will not really convince some investors if the project itself has a poor product to offer. Even if the marketing strategists make it very solid that the brand is reaching all potential investors, by the time these investors take a look at what the project is offering and they see the poor product, they will not invest.

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Quote from: adncoin on October 07, 2019, 07:14:05 AM

We have noticed that a lot of successful ICOs have exhibited common factors. One of these is their use of hype. Another is a detailed presentation of the company's roadmap.

You forgot the most important part of successful ICO's which are detailed whitepaper and solid marketing strategies. Without these two, ICO's will not become successful.

Right now, hype is not very useful as investors already knows this kind of tactics especially if the hype is very obvious.

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Quote from: minersday on October 14, 2019, 02:12:59 AM

Looking at the crypto space now, hype does not really say that the ICO is gonna be successful. ICO projects that have the potential of becoming successful are projects that have workable products which act as the backbone of the project. These products must solve a particular challenge seen in either the financial ecosystem or crypto ecosystem. With such projects, investors will be willing to invest in. The success of an ICO project is when investors invest in it massively.

Hype is almost guaranteed at every ICO now, but it's actually easy to see which hype is real and which isn't (which is paid, shilled, and which actually has real and authentic joy and amazement from the community).

But that said, neither of them seem to be any marker for a successful token. ICO raises aside, which hype has been met that I can recall? Monaco? Bittorrent? EOS? Nada.

minersday

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Quote from: adncoin on October 07, 2019, 07:14:05 AM

We have noticed that a lot of successful ICOs have exhibited common factors. One of these is their use of hype. Another is a detailed presentation of the company's roadmap.

Looking at the crypto space now, hype does not really say that the ICO is gonna be successful. ICO projects that have the potential of becoming successful are projects that have workable products which act as the backbone of the project. These products must solve a particular challenge seen in either the financial ecosystem or crypto ecosystem. With such projects, investors will be willing to invest in. The success of an ICO project is when investors invest in it massively.

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Quote from: lobat999 on October 08, 2019, 09:46:34 AM

OP didn't bother to specify the 5 things successful ICO's have in common as per his thread title. Anyway, here is my list which I think are the characteristics successful ICO's have in common:

1. The project had an original idea and a sound business model.
2. The project had released a working product or may have already had an MVP right from the start.
3. The project had an active Github repository.
4. The development team are very capable in developing the product.
5. The team's identities are verifiable and publicly known.
6. The project have a realistic roadmap.
7. The team give utmost importance to their promises and perform deliverables in time.
8. The team are exercising enough transparency on project related matters.
9. The project's tokenomics are excellent and justifiable.
10. The project have positive peer reviews among trustworthy members of the community.

Very few ICo achieved such points, most ICOs at this time tried to advertise exaggeratedly to attract investors.
If there are any ICOs that meet these 10 criteria, I will not hesitate to invest in them.

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The success of the project depends on the developer and also the project team, simply if the team and the developer cannot manage their project properly and cannot attract market investment, of course the project is difficult to develop. So, there are many important factors for the success of a project, especially the performance of the team and also the project developer.

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Quote from: setialovers on October 14, 2019, 01:43:30 AM

Quote from: adncoin on October 07, 2019, 07:14:05 AM

We have noticed that a lot of successful ICOs have exhibited common factors. One of these is their use of hype. Another is a detailed presentation of the company's roadmap.

From what I understand, most successful ICOs are projects that have good communication with their communities. New projects that are informative and also have a roadmap and whitepaper that are realistic are more attractive to investors because the community needs information about the progress of the project being worked on

Investors are very important and presenting the potentials of the project to attract investors is the key to have a successful ICO's. The point of introducing your project with clear road plans and have a decency to keep updating the communities. It will bring prosperity and in the long process
more investors will follow the project and store the coin for much higher value.

In regards to hypes. It helps in the short run but nowadays investors is knowledgeable they will not follow unless they see the positive prospects.

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Quote from: adncoin on October 07, 2019, 07:14:05 AM

We have noticed that a lot of successful ICOs have exhibited common factors. One of these is their use of hype. Another is a detailed presentation of the company's roadmap.

From what I understand, most successful ICOs are projects that have good communication with their communities. New projects that are informative and also have a roadmap and whitepaper that are realistic are more attractive to investors because the community needs information about the progress of the project being worked on

Topic: 5 Things Successful ICOs Have in Common. (Read 487 times)