Big budget versus Great idea. Who eventually wins?

Pasadoble

jr. member

Activity: 336

Merit: 7

Quote from: cryptolottocc on March 10, 2018, 02:53:34 PM

Hello people,

So my question is: why a project with a mediocre idea but with a bigger budget is likely to have more successful future than the project with a great idea but with a low budget?

How do you see this?

I think that the idea is very important it is much more important than big budget, as if the idea is copied, not interesting and has no perspective it will not work no matter what budget project has. But if idea is good it might develop with the small funds. That is the reason why I like IcoGuide.com, when I asked them how they are assessing projects and scoring them, they said that they are paying big attention to idea of the project.

argus312

jr. member

Activity: 168

Merit: 1

One can not say unambiguously because there are successful projects with these indicators, but there are simply good projects with an excellent idea and a big budget!

batang_bitcoin

hero member

Activity: 2996

Merit: 600

It's about the budget and costing of advertisement.

Like in the national television, for a fast food chain that doesn't have real delicious foods but the presentation is quite good enough to crave the viewers.

That's how it goes with projects that doesn't have real proposal but has capital for advertisement in different platforms and websites.

lositech

newbie

Activity: 140

Merit: 0

That's people a lot of people are in cryptos for the gains and not the tech, most project with big budgets ends up to get listed in top exchanges which makes the coin to moon but the ones with great idea ends up in idex or small exchanges

Jasell

member

Activity: 322

Merit: 11

Quote from: cryptolottocc on March 10, 2018, 02:53:34 PM

Hello people,

So my question is: why a project with a mediocre idea but with a bigger budget is likely to have more successful future than the project with a great idea but with a low budget?

How do you see this?

I think all must start with budget, after which you can hire intellectual persons with great capabilities into turning ideas to reality. Bounty hunters just love big budget because they are after profit that would entice them to do their job with eagerness.

TrumpD

sr. member

Activity: 602

Merit: 265

You can have a big budget and a wrong team to implement the project, thus lots of funds are misused etc. making the entire project fail in the end, I've seen this a lot of times. You can also have a great idea, and still not be able to implement it because of the lack of a solid team. What I am trying to say, is that in either scenario a good team is needed. With great idea and no budget, if you have a solid team, you all can raise funds together, but it's not going to easy. But with ICOs nowadays its a lot easier. With a bid budget, I guess its easier to attract a solid team to implement. Either ways the team matters a lot.

Mr. Ar_Mongi

member

Activity: 332

Merit: 15

I want to note that this does not always happen, but when it happens - a big role is played by marketing. It is not enough to create a project, it is necessary to tell people about it. To tell how good he is and why. And people believe it.

lovela

member

Activity: 126

Merit: 10

I don't think sMerit harvesting is a serious crime

of course great Idea will always win over big budget because in the long run, great project will be the basis of a coin price value.
big budget projects are just like attracting more investors in a minimum of time so I don't think it's price will be higher due to the ads are everywhere and the promotions were very generous.
I really believe that even the budget is low while the idea is great then it will soon dominate the crypto market after a certain of time.

bering

legendary

Activity: 2814

Merit: 1006

Leading Crypto Sports Betting & Casino Platform

i think all of these things should be related that big budgets and great idea should be walking together to being successfully project but indeed money is everything to running crypto projects and people usually don't liked great idea projects with small budget of money and more likely to choose the projects with big budgets

niteroy

member

Activity: 476

Merit: 17

Quote from: cryptolottocc on March 10, 2018, 02:53:34 PM

Hello people, So my question is: why a project with a mediocre idea but with a bigger budget is likely to have more successful future than the project with a great idea but with a low budget?
How do you see this?

The large budget of the company allows it to allocate a large amount for marketing, which in turn helps the project to become more popular, acquire the maximum possible number of fans and stand out against the background of other similar companies. Perhaps a good example will be companies like Coca Cola, Nestle, Pepsi, McDonald's and others who spend billions of dollars each year to promote their products, but that does not mean that their product is better than others. The same thing happens with ICO projects. It seems to be a good idea, but an advertising campaign is not properly conducted properly, as a result of which nobody knows anything about the project, advisors are unknown and the credibility to it is zero, the result is not a soft cup and the project has no future. The same, but with a not very good idea and a well-organized and conducted advertising campaign, gives the opposite result to the first example with the collected hurd cup and the increase in the price of the token after entering the exchange.

crypto_8o$$

newbie

Activity: 10

Merit: 0

For the success of a startup / business, the idea, its implementation and your story about how you realized the idea is important.
If one of the listed items is not enough, then the success will be incomplete, and the way to it is complex and thorny.

Tony116

legendary

Activity: 2072

Merit: 1023

casinosblockchain.io

Projects with a large cap win because they cause more confidence among users. Such projects look more solid and serious. All this is just a prejudice of people. In fact, it's more logical to invest in projects with a good idea.

ukw

sr. member

Activity: 616

Merit: 250

Quote from: cryptolottocc on March 10, 2018, 02:53:34 PM

Hello people,

So my question is: why a project with a mediocre idea but with a bigger budget is likely to have more successful future than the project with a great idea but with a low budget?

How do you see this?

I think in today's times when everyone only looks at the appearance, the brand and the advertising, without thinking about the quality at all, just the good idea is doomed. The best option would be the combination of idea and budget, but this is a very rare thing. Undecided

tamango

full member

Activity: 602

Merit: 100

It’s very difficult to choose because there are too many factors and nothing is white or black, but I think it’s more important the IDEA and the possibility of a concrete realization of roadmap than a big budget

Valermos

full member

Activity: 854

Merit: 100

Eventually wins combination of these factors. Or if u have a good idea, you need also to attract money as even ICO needs money for marketing.

weborsha

member

Activity: 560

Merit: 11

I think a budget and an idea are inseparable:) a good idea will 100% receive people’s support, reflected in money. So the idea comes first anyway.

crypto_8o$$

newbie

Activity: 10

Merit: 0

incredibly important is the inner spirit and perseverance in achieving the goal! If you do not go stubbornly to an appointed goal or a great idea ... it will end in defeat

CodyAlfaridzi

hero member

Activity: 1708

Merit: 541

Quote from: cryptolottocc on March 10, 2018, 02:53:34 PM

Hello people,

So my question is: why a project with a mediocre idea but with a bigger budget is likely to have more successful future than the project with a great idea but with a low budget?

How do you see this?

Because the one with more budget can create bigger marketing thus reaching a wider audience and that means more money. The thing is people don't really care about the idea nowadays. We gotta admit that most idea that being offered in ICOs are just too ideal and quite impossible to achieve. People are buying mostly because they believe the token price will increase, not hoping for the actual product to be delivered.

weav

sr. member

Activity: 350

Merit: 250

- "Bitcore (BTX) - Airdrops every Monday"

Quote from: feelideb on March 19, 2018, 09:19:53 AM

Both of them eventually win in the long run. In an immediate analysis, big budget with mediocre idea might win but that winining will be short lived unless they start becoming serious in deploying great idea. Great idea always win if it is worked at.

Or the big budget uses the money to buy off the competitor , or uses the money the lobby against them. It depends on the industry but money can get you a long way.

crypto_8o$$

newbie

Activity: 10

Merit: 0

people with good ideas must form communities to combine them and do something great

Topic: Big budget versus Great idea. Who eventually wins? (Read 438 times)