It is rare for a project to survive without an ico
Because nobody wants to work for free
The teams
The moderators
The admins
The marketers
The whitepaper collator
The website designer
It all costs money
So all projects would eventually need an ico
Topic: Does a Successful ICO Really Require $$$$ - page 7. (Read 1946 times)
I think yes we have many projects that collect minimum investitions in ico and become one of the leader in the market!But this happening with time only few times that projects with small capital become somthing big in crypto world,becose they cant get even soft cap,peoples is afraid to invest big money now,many scams,fraud ico coming out..
When I say ICO I mean in preparation to actually doing the Token Sale.
The minimum budget of the ICO is sufficient for the project to maintain its operations according to the roadmap. In my opinion, the value of the project will increase as they actually bring benefits, favorable project development. They need to do their best, to make the roadmap of a project is not simple. However, when they do that, they can be regarded as having achieved certain success.
Can I crypto company be successful with a min budget during the ICO? For example, can a startup not have funding and successful launch an ICO to include whitepaper, landing page, smart contract if they are knowledgeable? Or is a lot of $$$$$$$ required for everything. I for one thing that the idea and vision is what sells. Especially if the person is transaparent and people buy in the vision. I think word of mouth will travel and people will buy in.
Yes a stable budget is necessary and a main factor for the success of an ICO but it's not always like that. An ICO needs a budget first and foremost because it needs a reliable team, Who would work for an ICO project without a Budget? So it's really necessary. Also, Promotion and advertisements of ICO also requires a lot of money, which is also a main factor for a success of an ICO. So all in all It is really necesssar for an ICO to have a budget.
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Can I crypto company be successful with a min budget during the ICO? For example, can a startup not have funding and successful launch an ICO to include whitepaper, landing page, smart contract if they are knowledgeable? Or is a lot of $$$$$$$ required for everything. I for one thing that the idea and vision is what sells. Especially if the person is transaparent and people buy in the vision. I think word of mouth will travel and people will buy in.
Yes a stable budget is necessary and a main factor for the success of an ICO but it's not always like that. An ICO needs a budget first and foremost because it needs a reliable team, Who would work for an ICO project without a Budget? So it's really necessary. Also, Promotion and advertisements of ICO also requires a lot of money, which is also a main factor for a success of an ICO. So all in all It is really necesssar for an ICO to have a budget. funds are the main weapon of a project's success, unless you can invite many people to work for you free. promote the project that you will develop lol
I agree, but wouldnt it fair to conclude that one person can write whitepaper, create landing page, smart contract, and build a community; still having a successful ICO raising millions. Afterwards hire a team with the monies raised
funds are the main weapon of a project's success, unless you can invite many people to work for you free. promote the project that you will develop lol
Why are crappy companies that are spending nothing to develop their ICO raising so much money? Most of these crappy companies are not being transparent.
For any ico to be successful, it requires a lot of capital and this varies according to the product the company is into. Some products require little capital while some require huge capital.
Can I crypto company be successful with a min budget during the ICO? For example, can a startup not have funding and successful launch an ICO to include whitepaper, landing page, smart contract if they are knowledgeable? Or is a lot of $$$$$$$ 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.
an ico can also be successful without a budget,
its however more difficult to find and keep teammembers, and get certain tasks done as you cant hire a serviceman.
regards
OP, min budget during the ICO is Ok to make an ICO successful if the team apply the right strategy.
Is it possible for one person to create whitepaper, landing page, smart contract, market, and still have a successful ICO? After the ICO, the person would hire a team with the funds raised to launch the platform successful. Everything will be transparent. In addition, are advisors really needed? A lot of advisors only want money just to be listed on an ICO.
No successful ICO need no money. That's the most important condition. Sometimes the projects have some big investor who invest the projects before they start. And i believe that they will be successful ICOs.
How much would everyone say should be raised for the development of a crypto sports trading platform that is fully transparent. Individuals can trade shares of their favorite team with crypto and earn additional tokens when their team win and appreciate in value. This will be something completely new using block chain technology
For me NO. There are many ICO started with very low budget, but success in the future. And their team is fully transparent and very active for developing their project. Quality ICO don't need huge hard cap or soft cap during ICO stage.
It is quite distasteful to know that some ICOs just ask for any amount off their head and ask investors to invest in such a project without a transparent record of how the money is going to be spent. ideally most of the money required for ICOs are going to be spent in the hiring of staff for the product development, necessary facilities renting/leasing and marketing.
I don't think basic Blockchain ICOs should require more than 10-15 million USD as a budget.
I don't think basic Blockchain ICOs should require more than 10-15 million USD as a budget.
When I say the ICO and funds I'm referring to the development of a landing page and the important thing before the ICO starts? In addition is organically growing the crowdbase possible?
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.
If ICO is running a crowdfunding it means that they need help of people to build their project more successful . Some of them already have a back up but still its o to secured the funds in terms team need big funds for entering in such big exchanges also to spend their funds in marketing .
It would be really hard I think, because they need to get listed in new exchanges and them cost a lot of money, also the team members work for cash, anyways, the airdrop coins manage to develop the coins with practically no budget, so icos should be able to do something, there are a lot of promising airdrop projects that started from nothing.
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