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Topic: Does an ICO team even matter? (Read 721 times)

newbie
Activity: 16
Merit: 0
September 04, 2017, 12:08:41 PM
#29
Yeah but how do you decide then that a guy and his photo and some shiny words are really true??? Are you starting to stalk the core team then? Reading their facebook, twitter, linkedin, looking at their family photos and stalking where they life or even if they really studied physics or somehting? I dont think that you can be really save because these are guys you don´t know and everyhting can be fake and i assume the most of it is fake. Just look at the photos. Often they just have such a bad photo thats really ridiculous to use it for a business project.

But if you are anonymous and working hard in communities, sharing ideas and helping people. I think your reputation is much more worth than a shiny photo and some words about a PhD you do not have.
sr. member
Activity: 644
Merit: 250
September 03, 2017, 09:36:10 AM
#28
Of course, team matters. Whenever I decide to invest in an ICO. My main deciding factor is usually the team behind the project. Its like even if the project sounds good, does the team have the potential to make it possible? A team can make project a disaster or success.
full member
Activity: 504
Merit: 105
September 03, 2017, 09:31:19 AM
#27
It does matter. Especially about professionalism and credibility. A team with solid cryptocurrency knowledge and development is indeed the best thing that an ICO project could have.
sr. member
Activity: 602
Merit: 253
September 03, 2017, 09:30:24 AM
#26
I've always wondered if the ICO team even matters. If an ICO raises funds, could they not just hire a qualified team? I've been around since before people would assign their names to a project so maybe I'm not giving an ICO team the respect they deserve.
Yes, it does matter.
The team background, their achievements, if they had experience in other start-ups and so many more.
Since nowadays lots of scammer on ICOs, so the team are just like a core for an ICOs.
hero member
Activity: 1065
Merit: 510
September 03, 2017, 09:23:46 AM
#25
I've always wondered if the ICO team even matters. If an ICO raises funds, could they not just hire a qualified team? I've been around since before people would assign their names to a project so maybe I'm not giving an ICO team the respect they deserve.
It does really matter and most investors would really look up on this thing always since they wont really invest into a project on which the team composed on those people who did make scam ICO's in the past this is why public do really aware on this thing and would really search up on the background of the said project or ICO.I would say it does matter and its one of the important things for us to increase our chance on making money on ICO.
full member
Activity: 336
Merit: 106
September 03, 2017, 09:13:02 AM
#24
I think that it matters and that it is important because people look into the ICO team before they decide on investing on the ICO. Having a good and reputable ICO team would attract more investors and make them believe that it would succeed, so an ICO team is important for one's marketing strategy. It may not determine the success of the ICO but its a factor which affects the decisions of investors.
member
Activity: 98
Merit: 10
September 02, 2017, 09:45:45 AM
#23
ICO team is what a matters a lot .. like new project The native token of Ambrosus, Amber is used to help trace products through their entire value chain, linking the information gathered to the records about the batch. Amber is also the fuel for the Ambrosus ecosystem, used to access the network services, interact with the sensor systems and to enter commercial agreements assured by smart contracts. Our Core Technology Partner for development of the Amber token is Parity Technologies.

their team is well established in their domain .. so such background increases chances of success
hero member
Activity: 779
Merit: 500
September 02, 2017, 09:33:53 AM
#22
I've always wondered if the ICO team even matters. If an ICO raises funds, could they not just hire a qualified team? I've been around since before people would assign their names to a project so maybe I'm not giving an ICO team the respect they deserve.

Of course. it's because not everyone is working in the same field, so they have to find a Team who works in what field the project will run. because it is very difficult to find a professional team in a particular field. so I guess the ICO team also plays a very big role.
ICO team very important, because many investor evaluate the project through the way devs working or attitude of them. Therefore, if a project have bad Team work, investor will know this is bad project and do not invest to it.
legendary
Activity: 3976
Merit: 1421
Life, Love and Laughter...
September 02, 2017, 07:28:47 AM
#21
I've always wondered if the ICO team even matters. If an ICO raises funds, could they not just hire a qualified team? I've been around since before people would assign their names to a project so maybe I'm not giving an ICO team the respect they deserve.

Definitely.  That's why there are projects out there like Cofound.it that tries to improve the ICO space by having teams of developers go thru a selection phase and a training camp before proceeding to a fund raiser via ICO's.

Then after all that there's a transition phase where Cofound.it helps and advises the start ups to help them grow and become successful.

I know a lot of people are calling out for regulations to discourage scamming.  But there's a better way, education and guidance.

Check out Cofound.it's site:  https://cofound.it/en/
sr. member
Activity: 546
Merit: 250
September 02, 2017, 06:21:12 AM
#20
I've always wondered if the ICO team even matters. If an ICO raises funds, could they not just hire a qualified team? I've been around since before people would assign their names to a project so maybe I'm not giving an ICO team the respect they deserve.
The developers behind an ICO do matters. Good developers lead successful projects. If you want to have a nice return from you invest , better choose a better dev team.
sr. member
Activity: 444
Merit: 250
September 02, 2017, 06:01:10 AM
#19
But i have another question regarding the core team. Is there any importance that the core team members make their real names and a photo of them public? or is it the same to stay anonymous? Because names and photos can also be fake. I am not sure if there is any need of that. On the other side it looks more respectabel to give your real name and a photo.

What do you think of that?

Revealing the core team true identity to the general public adds more trust in the ICO. Investors will feel more confident to put their hard earned money in a very reliable and efficient project.
newbie
Activity: 16
Merit: 0
September 02, 2017, 05:15:19 AM
#18
But i have another question regarding the core team. Is there any importance that the core team members make their real names and a photo of them public? or is it the same to stay anonymous? Because names and photos can also be fake. I am not sure if there is any need of that. On the other side it looks more respectabel to give your real name and a photo.

What do you think of that?
hero member
Activity: 1470
Merit: 655
September 01, 2017, 09:23:20 AM
#17
it matters but not by a lot. the project itself is more important in my opinion. and besides how would you even know the team? it is impossible to know every single developer out there and mostly these devs are new. if they weren't new then they were already be working on some other altcoin they created years ago!

but all these will only improve the odds of your success, they never guarantee it. you may think you have found a good team but either get scammed by them or lose money because their thing fails.
sr. member
Activity: 518
Merit: 250
September 01, 2017, 08:58:18 AM
#16
Yes I really think an ICO team matter especially now, I think it also determines the succession of the project as well because it needs a group of people who really are determined to work on the project. And yes they are the key to the success of the project as well so it really does matter to most.
newbie
Activity: 16
Merit: 0
September 01, 2017, 08:53:01 AM
#15
An ICO team is in fact key. Why shouldn´t it be? These are the guys and women who made the whitepaper and had the idea. So in that case they should be capable to setup their idea in real or hire people who know whats to do ^^

But i can only speak for my self. My core team for our upcoming ICO is so awesome. These people made all the difference in building a great project. If you are not behind it and know whats it about and what it shall become, you should better leave it and stay in your mommy´s garage. haha
full member
Activity: 490
Merit: 102
September 01, 2017, 07:37:33 AM
#14
I believe that ICO team one of the keys to success. If a team consists of professionals, then the probability to advance a project increases. Thus, the chance to get the profit from participating in ICO increase too
sr. member
Activity: 616
Merit: 250
September 01, 2017, 07:00:37 AM
#13
of course ico team is very important, because a project will not be successful without a good team and great, especially if the team has been a previous project and has been successful, then the investors will be more interested
agree..how if some of the team in it is a top in the business such as mark zuckerberg or even billgates made some ico project. then definitely ico it will be very influential and many people will join and invest.
full member
Activity: 756
Merit: 100
September 01, 2017, 06:57:00 AM
#12
of course ico team is very important, because a project will not be successful without a good team and great, especially if the team has been a previous project and has been successful, then the investors will be more interested
full member
Activity: 336
Merit: 112
September 01, 2017, 06:06:59 AM
#11
The team is the first thing I look at, credentials always matters in building trust. They created the idea of the project and planned the whole ICO. They represent the project so of course they matter.
hero member
Activity: 966
Merit: 500
September 01, 2017, 06:01:57 AM
#10
I've always wondered if the ICO team even matters. If an ICO raises funds, could they not just hire a qualified team? I've been around since before people would assign their names to a project so maybe I'm not giving an ICO team the respect they deserve.

Of course. it's because not everyone is working in the same field, so they have to find a Team who works in what field the project will run. because it is very difficult to find a professional team in a particular field. so I guess the ICO team also plays a very big role.
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