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Topic: Can a Grassroots based project succeed? | | | Tai Chi Chain | | | (Read 93 times)

newbie
Activity: 43
Merit: 0
While ICO is often criticized because tons of reasons it's the easiest way to collect money for your venture. And the ICO itself is the financial project with a lot of time and resources involved. In fact to run ICO you are about 5% to 10% of desired cap spent on marketing, community etc. So if you already have those initial resources and no plans for agressive expansion you're actually may proceed w/o ICO. But again you will need good idea, motivated team and more time compared to ICO-successful mates.
newbie
Activity: 28
Merit: 0
Was expecting a little bit more feedback. I guess bitcointalk isn't as active as it used to be.

I think it is very difficult, because the blockchain is not playing games, blockchain is a new generation of technology, so if there is not a good ICO team, then I think this ICO project will be difficult to succeed.

The entire Tai Chi Chain Team has all together over 20 years experience in the blockchain industry, is backed by a plethora of contributors, & is currently forming important partnerships with well established projects.

And a coin doesn't have to have an ICO to succeed.
In fact, many ICO's obtain an insane amount of revenue, thus, cutting the financial drive to keep the project going completely away.

It has happened too many times.

Anyways feel free to check us out, a lot more to come.
member
Activity: 224
Merit: 10
The Experience Layer of the Decentralized Internet
I think it is very difficult, because the blockchain is not playing games, blockchain is a new generation of technology, so if there is not a good ICO team, then I think this ICO project will be difficult to succeed.
newbie
Activity: 28
Merit: 0
Cast your votes away! Let's start this discussion!!!  Grin
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