Topic: How important is a community behind a crypto project? - page 19. (Read 4765 times)

Before analysing a project, i always see how large the community of project is. If large, it mean the project is well-knowed. Therefore it has a good chance to be successful.

In my opinion, it plays an important part of a project. you could see the interaction between the employer team and the members.
But it's not at all. we have to consider their technology and products before making our investment.

in any case, if the product is in demand in the market and in the society, investors will also be much easier to invest. And this means that the development of the project will be much easier.

I concur with this,More specifically,Community for me is the most ideal approach to comprehend the solid coin better,Its better approach to tune in and consider experienced individuals conclusions and perspectives about X coin or another project.We know an excessive number of good ventures with 0 success,which didn't have great pr managers...therefore It likewise gives one extra advantage,When we don't have sufficient energy to get the hang of something better it causes me to discover here basic definitions,business models,strategies,theories,etc.Anyway its simpler to comprehend examination of any coins from community(+search engine),Its better not just for us as a consumers,Its additionally the most ideal path for venture designers and for PR directors to end up their undertaking more effective.

The community or the team behind the cryptocurrency projects is one of the most important factors that let the whole team function if the team contains members that are aware of the current market position and white the product will fit the market needs they will possibly succeed

As for me, community is the key element in the crypto project. Everything depends on the community there only. I think that this fact will be actual for a long time.

Community is vital to get the token off the ground at the start. There is so many altcoins now, it's the easiest way to get a leg up over other tokens.

If the projects team supports its community than it is a good sign that the project will live for a certain time and it is worth for investment
When I search for good coins I look if there is any product is developed. If there is no product and only the idea I do not invest in such altcoins. I've invested in Revain before (yeah it was really good when it jumped to 3 $!!!) and now I found a new project where CEO from Revain is Chief advisor. The project name is FuturesCoin: https://bitcointalk.org/index.php?topic=4661230.0;topicseen

I think it's very important. I see it as the best way to market your project, although it does depend on what the token is used for.

Coins work great when a community is working upon it as community work will make the coin price to grow. In the market scenario, the community behind a crypto project helps to get the particular coin its recognition as then only lots of investors will be going to work for it and will be ready to invest for it
The effect of the coin by the community determines the failure and success of the coin as you can really see the btc eth have a strong community working for them which has really got its recognition in the market attracting more investors to it.

In my opinion it plays a vital role because only community may pump/dump strongly a coin, or promote a project to an exchange, etc.

A large community is very important if a project will successfully stand out. I mean the whole world can't be wrong so if a group of people choose to support you that means the project is doing something great and that will spark the interest of other onloookers that would want to be identified with something great.

Carefully examine the team and if you are satisfied with the project, but there are insoluble doubts about the team, I recommend not to work with this project.

1. Look at the profiles in social networks
 It is important to have links to social networks on the landing page in the section with the team, it is highly desirable that it be LinkedIn. Go to their profiles, look at the posts, the number of friends, photos, experience, do the profiles look real?

Now there is a lot of ICO, which offer various KYC services in the crypto industry, but so far a stable group of leaders has not been formed.

2. Make a search on photos in Google

Download team photos and search for pictures in Google. The scammers have such a common practice: adding fictional characters to the team section, they use presentable photos of third parties from the search or photo banks. Investigating ICO projects, I periodically finish work on this point ahead of time.

3. Talk to the team directly

If you have any questions about the ICO project, I recommend not to ask them in General channels, like telegram chats, there are special community managers who have a list of pre-prepared and extremely vague answers.

Better write to a team member who is directly related to the question. You will get a more authentic answer and once again check the adequacy of the team.

4. Look at the size of the command

Periodically I meet projects that collect tens and hundreds of millions of dollars, and in the team there are only five people: a couple of managers, a couple of technical specialists and that's all. Invest in such projects with care.

Even if these people are incredibly talented, and the idea is interesting, they simply can not physically create a working and successful project. They need marketing, PR, designers, lawyers, accountants, community managers, analysts, project managers.

Small teams are quite acceptable, but only for projects with small budgets.

5. How does the interaction take place within the team?

See how they work together, where they are physically in relation to each other. If everyone is in different cities and working remotely, then the project may have problems due to lack of communication. The ICO has a better chance of success during and after the ICO if most members work from the same city or office.

6. Is there a team of specialists in the niche of the project?

If the niche is specific, then the team should have specialists in this area. If, for example, the project raises funds for deep-sea research, then the team should have a specialist researchers, if a crypto exchange is created, then the team should have crypto traders. Otherwise, due to the lack of knowledge of the intricacies of the niche, the project too often will face unexpected obstacles and fail.



7. Experience and results in the crypto industry

Leaders, technicians and marketers should have experience in the crypto industry. The rules of the game are very different and even successful professionals from the usual areas of the economy need time to adapt to new realities.

8. International team is a good sign

There are many projects from Eastern Europe, Asia, Africa. In countries from these regions, English is not a native language, and there may be problems with international communication, therefore, it is important that the composition were people with native English. This is especially true for marketers, PR and community managers and specialists in relations with investors.

In my opinion it is very important. A good community supports the project and promotes it, if it is legit and the team is working hard on it.
On the other hand a community can also destroy a project, once it feels the developers are either too greedy or don't keep word on their deadlines.

The success of the project depends much on the supporting community behind. A project will not reach it`s true potential if the community is not growing with it. Involvement of the community is also important as they can help with some ideas but also to feel that they are part of the project ( idea ) coming true.

Community is very important because without it even the best project will not be needed to anyone.

Think it's overrated, I see so many ICOs with huge numbers but very little activity. You need to build an amazing community that believes in more than just the price of the token, but believes in the idea behind it.

The community is very important, but not every community is equally important. If the community is dead, and the people entering it are bots or simply subscribed to it, for the airdrop. Only administrator writes messages, but there is no live communication. Or, users ask questions, but nobody answers them. Such a community is not an indicator of a good project.

Content is king, community is queen.
I like this word
If there is no community there will be no communication and it is very chatal for a project, and the most important is the community for me, because I can know more about what is being addressed and expected.

The community plays a very important role in the development of the project. You just need to look at the way the developers team interacts with the members, you will see their passion, prestige and enthusiasm for the project. Bitcoin never die because it have a huge community.