Topic: Does a Successful ICO Really Require $$$$ - page 5. (Read 1953 times)
I think that a successful ICO definitely require some huge amount of money. Okay, maybe not so huge, but at least, something tangible. Maybe projects today fail not because they are actually bad projects, but because their creators fail to put in as much money as required to boost and promote the project. A successful ICO require money for sure.
Can I crypto company be successful with a min budget during the ICO? For example, can a startup not have funding and successful launch an ICO to include whitepaper, landing page, smart contract if they are knowledgeable? Or is a lot of $$$$$$$ required for everything. I for one thing that the idea and vision is what sells. Especially if the person is transaparent and people buy in the vision. I think word of mouth will travel and people will buy in.
I can't comment much because I have never made an ICO project, to reduce the budget many ICO projects do all forms of payment using TOKEN like a gift campaign.
Inasmuch as ICO is a new way for raising funds for a project, you still some money to initiate the project in order to a successful outing for the ICO.
Of course, but only if you have to provide people with a practical ICO project. When people recognize your project, you can successfully refuel the company with the lowest budget!
Yes of course,
ICO idea in that what some one know how to do something but don't have money for this
ICO idea in that what some one know how to do something but don't have money for this
Yes. It requires money. How will you be able to operate and pay the people who will work for the ICO if there is no money. They need money to create their and improve their coin. Not all of the things on the internet are free. Think of it as starting any kind of business, no matter how small it is, you really need money or capital to run it.
Is a hard cap really needed? Also should there be a huge gap between soft and hard cap
Can I crypto company be successful with a min budget during the ICO? For example, can a startup not have funding and successful launch an ICO to include whitepaper, landing page, smart contract if they are knowledgeable? Or is a lot of $$$$$$$ required for everything. I for one thing that the idea and vision is what sells. Especially if the person is transaparent and people buy in the vision. I think word of mouth will travel and people will buy in.
I think they do need the money to pay for the compensations of it's team members and also for the expenses that they will incur like setting up the offices and for their salaray 
. 
No, i can see so many ICO without softcap so whatever amount they will raised they wil continue their roadmap so raising so much money is not a needed for a successful ICO
I think there are some projects that really require a certain amount of funds thus needing their cap to be reached. However, there are always exceptions and I have seen some that even go without ICO and are actually successful and even gaining some partnerships. I say it depends mainly with the project, maybe if its something that is technical and require expertise and special skills then it would be quite expensive.
How is a soft and hard cap determiner
I don't really think it is possible for any ICO to be successful without requiring funds, money is really needed in any business to fund it, they have a lot of things they need money to pay, so fund is really need, though the funds needed, might be as much as what the ICO's normally raises these days.
I don't think any one can run an ICO without funding, seriously funding is highly needed, either from the general public, or private investors, or even personal pocket but the truth is that funding is required.
Practically ICOs Need Funds To Be Successful.
You Need Pay Developers ANd Also Need What Makes Your Token Utilizable In The Future,
Funds Are Needed To Carryout Adverts Of Such ICO And Also Pay ( ETH/ Fiat ) Bounty Managers To Assist
In Promoting The Project Via Bounty Hunters.
So Funds Is A Necessity In ICOs.
You Need Pay Developers ANd Also Need What Makes Your Token Utilizable In The Future,
Funds Are Needed To Carryout Adverts Of Such ICO And Also Pay ( ETH/ Fiat ) Bounty Managers To Assist
In Promoting The Project Via Bounty Hunters.
So Funds Is A Necessity In ICOs.
A project needs money to pay the team members, advisers, managers and they need money to advertise their product etc. For that reason they are collecting money. I don't understand how a project can run without money.
I'm not referring to the ICO, but the preparation before the ICO.
A project needs money to pay the team members, advisers, managers and they need money to advertise their product etc. For that reason they are collecting money. I don't understand how a project can run without money.
No matter how you may see it, the truth is that a successful ICO must require a good funding, apart from building the product, there are other things that requires money to be done, like registering the company, renting offices, traveling for event and partnership and a whole lots of things
Is an office really needed? Virtual offices are common these days, especially with Dapps. Also are partnerships really needed. Let's look at some successful projects; they didn't have partnership. They had a vision that made them successful
No matter how you may see it, the truth is that a successful ICO must require a good funding, apart from building the product, there are other things that requires money to be done, like registering the company, renting offices, traveling for event and partnership and a whole lots of things
For a company to be successful, it needs alot of money to run the company also with alot of experience. That is why most companies do set their target at min and max cap which means if it sees a minimum amount of capital, it can continue the business. & SciDex protocol giving smart contracts for business, This allows the expression and execution of more complex transactions. The result: readable, compliant and adaptive smart contracts for complex assets transaction (i.e. data, licensing or insurance.
not always it seems. But if it produces no doubt very produces. even the result can be very large and we do not expect. This is because it is the ICO project they run. investors are also fulfilled. so the result is also remarkable.
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