Full focus on the product instead of ICO? - page 2.

Amabig

copper member

Activity: 10

Merit: 0

Quote from: Oniko on June 20, 2018, 05:43:34 AM

You have a great idea. But many even the most promising projects do not find a response from the community, if a small marketing budget.

A universal approach to the project is important

Definitely, marketing is a must for a successful project. I'm just telling that there would be much more value create focusing on the product instead of ICO campaign.

Oniko

member

Activity: 322

Merit: 11

You have a great idea. But many even the most promising projects do not find a response from the community, if a small marketing budget.

A universal approach to the project is important

Anniee123

member

Activity: 196

Merit: 10

I think the risk of investing in ICO is very high at present, because countries are restricting ICO.
If I'm bullish on the blockchain and the whole cryptocurrency market, then I think I should invest in the existing good tokens.

sourish

full member

Activity: 532

Merit: 114

A working product without ico would need huge financial strength, and would be a welcome positive in the midst of doubt, suspicion and fear of scams.

Amabig

copper member

Activity: 10

Merit: 0

Quote from: Pasadoble on June 20, 2018, 03:22:01 AM

Good idea, I think it will be interesting. Why project is not rated at www.icoguide.com I am looking at their rates and it will be good to see the score at the platform.

It's a good question. We are not planning to do an ICO, so we should not list Amabig.com on ICO websites. Instead, we are going to list Amabig cryptocurrency on exchanges so everyone could buy.

Pasadoble

jr. member

Activity: 336

Merit: 7

Good idea, I think it will be interesting. Why project is not rated at www.icoguide.com I am looking at their rates and it will be good to see the score at the platform.

Amabig

copper member

Activity: 10

Merit: 0

Quote from: khendjer on June 19, 2018, 03:10:42 PM

It only works if you have enough funds to make a working product or at least some beta version or MVP, otherwise, you have no options, except running an ICO or attracting investors.
Anyway, that's great if the team have a working product as in your case. This can really be a decisive advantage for some investors when choosing a project for investment.

Exactly, I really believe we will see a bigger shift toward working product approach as a lot of ICOs doesn't deliver what they promised. This approach should greatly contribute to blockchain adoption worldwide.

plr

member

Activity: 1162

Merit: 24

Quote from: Amabig on June 19, 2018, 02:31:51 PM

Hey everyone,

What do you think about the idea to do crypto projects in a different way? Instead of huge efforts launching successful ICO, it makes sense to dedicate those efforts building a working product. It's fantastic to work on something you truly believe so it's both a pleasure for the team and the solid result - a working product. That's how we've built Amabig.com

Don't you think that it's much more safe to invest in already working products? Is this the future of crypto projects?

They are launching an ICO because they only have an idea and they need funds to materialize that idea, they need developers and coders to work on their idea, of course, we are attracted to project that has already working platform, but that platform should be profitable and people are actually using.

Docbee

full member

Activity: 822

Merit: 100

Quote from: Amabig on June 19, 2018, 02:31:51 PM

Hey everyone,

What do you think about the idea to do crypto projects in a different way? Instead of huge efforts launching successful ICO, it makes sense to dedicate those efforts building a working product. It's fantastic to work on something you truly believe so it's both a pleasure for the team and the solid result - a working product. That's how we've built Amabig.com

Don't you think that it's much more safe to invest in already working products? Is this the future of crypto projects?

A lot of project are taking advantage of ico to dupe people no plan to have good working product or use case for the masses, that is why i support there should be a regulation for upcoming ico.

unpack

member

Activity: 292

Merit: 10

Yes, that's what we missed here. Investing in ICOs and waiting years and years if their tokens will ever have any value except the price, with working project already I truly agree and support it!

Sam$oN

newbie

Activity: 238

Merit: 0

Quote from: Amabig on June 19, 2018, 03:08:34 PM

I agree. I'm just wondering when we will start to see major shift from ICOs to working-product-first approach as in my opinion it will signal the real revolution in blockchain based projects in terms of real sustainable systems instead of just a hype.

Support. I have always been interested in projects that without the help of investors started development, invested money and effort. Instead of sitting and waiting when I typed the amount. In a company with a finished product it is easier to believe, because all the financing they immediately send to the development.

khendjer

member

Activity: 157

Merit: 13

Quote from: Amabig on June 19, 2018, 02:31:51 PM

Hey everyone,

What do you think about the idea to do crypto projects in a different way? Instead of huge efforts launching successful ICO, it makes sense to dedicate those efforts building a working product. It's fantastic to work on something you truly believe so it's both a pleasure for the team and the solid result - a working product. That's how we've built Amabig.com

Don't you think that it's much more safe to invest in already working products? Is this the future of crypto projects?

It only works if you have enough funds to make a working product or at least some beta version or MVP, otherwise, you have no options, except running an ICO or attracting investors.
Anyway, that's great if the team have a working product as in your case. This can really be a decisive advantage for some investors when choosing a project for investment.

Amabig

copper member

Activity: 10

Merit: 0

I agree. I'm just wondering when we will start to see major shift from ICOs to working-product-first approach as in my opinion it will signal the real revolution in blockchain based projects in terms of real sustainable systems instead of just a hype.

trill312

newbie

Activity: 168

Merit: 0

Quote from: Amabig on June 19, 2018, 02:31:51 PM

Hey everyone,

What do you think about the idea to do crypto projects in a different way? Instead of huge efforts launching successful ICO, it makes sense to dedicate those efforts building a working product. It's fantastic to work on something you truly believe so it's both a pleasure for the team and the solid result - a working product. That's how we've built Amabig.com

Don't you think that it's much more safe to invest in already working products? Is this the future of crypto projects?

There is no universal answer. Ico gives you chance to buy tokens cheaper, good-working product is much more expensive ones but stable.

So for a long-term working products are better.

w33man

full member

Activity: 462

Merit: 100

Quote from: Amabig on June 19, 2018, 02:31:51 PM

Hey everyone,

What do you think about the idea to do crypto projects in a different way? Instead of huge efforts launching successful ICO, it makes sense to dedicate those efforts building a working product. It's fantastic to work on something you truly believe so it's both a pleasure for the team and the solid result - a working product. That's how we've built Amabig.com

Don't you think that it's much more safe to invest in already working products? Is this the future of crypto projects?

I totally agree. However, most investors are up for profit and hype. The reason why some are starting their ICO is because they needed investors' funds to help complete and develop a working product. Having a working product will surely make investors happy, since it can help gaining more and more investors as people see it helpful and has a real use case.

Amabig

copper member

Activity: 10

Merit: 0

Hey everyone,

What do you think about the idea to do crypto projects in a different way? Instead of huge efforts launching successful ICO, it makes sense to dedicate those efforts building a working product. It's fantastic to work on something you truly believe so it's both a pleasure for the team and the solid result - a working product. That's how we've built Amabig.com

Don't you think that it's much more safe to invest in already working products? Is this the future of crypto projects?

Topic: Full focus on the product instead of ICO? - page 2. (Read 266 times)