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Topic: How important is a community behind a crypto project? - page 29. (Read 4808 times)

brand new
Activity: 0
Merit: 0
I think people claim it's important, but I see very few ICOs actually work with their community. They seem to just offer tokens and that's about it. Not very transparent and are just looking to get their token spread through the crypto sphere.
full member
Activity: 372
Merit: 100
Sugars.zone | DatingFi - Earn for Posting
community is very important. there will be no contribution that will happen if the community is not enough, community is the basement of the success of the crypto project.
newbie
Activity: 112
Merit: 0
Community contribution is important in the development of the project! Every project that wants to succeed requires real investors and the community!
newbie
Activity: 2
Merit: 0
For most of the people we've met in the Cryptospace there has usually been one topic that brings everyone together, (even if they work for competing projects) and that's getting more people around the world to adopt cryptocurrencies and DApps. If you are developer then having millions of users on your easy to use DApp will increase it's value.  If you are an investor having millions of people actively using whichever crypto currency you invest in is great for business, whether that currency is meant as a store of value or to be actively used inside a blockchain ecosystem.

So in the end when we talk about community, let's think big and incorporate the whole world in a model where everyone benefits from the services and use-cases that crypto currency can bring to the masses. Coming up we should be seeing more AI data analaysis (could even let you know how much money is flowing in and out of the major exchanges) , international banking, p2p property sales, video games which let you cash out in fiat or trade your items, Virtual Reality offices, real-time tracking for logistics providers. 

There are a lot of applications for cryptocurrencies and their technology, we just need to build easy to use platforms and become global ambassadors for the industry, for our own projects and for the blockchain as a philosophy.

Making a user-friendly blockchain (plain-name wallet addresses, simple DApp downloads, multi-device mining) and building partnerships with relevant companies will go a long way towards building a global community for any of the projects you are interested in.
member
Activity: 140
Merit: 10
In an encrypted project, the project will be difficult without the support of the community, and a strong community can encourage the team to grow, which can make the project more team effective.
jr. member
Activity: 107
Merit: 2
It is very valuable because they can help you market and grow. Also they can give feedback. Co-creation is the future in my eyes.
brand new
Activity: 0
Merit: 0
I think it's not that important.

I don't believe that when Ethereum first launched it had a huge community, now it has grown massively because it has grown in value. As long as the ICO raises enough to start their project and to improve it, the crowd will follow when they see success.
member
Activity: 294
Merit: 14
Hello all,

I came across this article that talks about the importance of a community backing a project, how important do you think it is? Do you think they can get by through large marketing budgets instead? and do you agree with the article?

https://medium.com/crowdholding-innovation-platform/why-do-you-need-to-build-a-loyal-community-for-crypto-projects-14b9207608c2


 The community that supports the project is very important. It dictates how the project will grasp its way to success. The more solid the community is, the better. It is the foundation of the project. Without great people leading and supporting it. It will be a failure.
sr. member
Activity: 1022
Merit: 257
Hello all,

I came across this article that talks about the importance of a community backing a project, how important do you think it is? Do you think they can get by through large marketing budgets instead? and do you agree with the article?

https://medium.com/crowdholding-innovation-platform/why-do-you-need-to-build-a-loyal-community-for-crypto-projects-14b9207608c2

community is the foundation of the success of one crypto project. without community, there is no one to support the project, and no one will fund it, community itself is the supporter and the investor of the project.
brand new
Activity: 0
Merit: 0
It is vital, what I have noticed is that ICOs are not that great at marketing in general. They usually rush into an ICO and pay for some ICO rating sites, articles on news outlets. Then they just focus on bounties.

If they can create a strong community through being transparent and through organic hype it is so valuable, as they will push your idea to who they know.
newbie
Activity: 56
Merit: 0
It is very important, with any startup you need people who believe in your idea for it to come to life.
sr. member
Activity: 560
Merit: 250
I think that community is one of the most important factors for any altcoins because the community is like the investors so if the community is very active and has a lot of members then the altcoin price will have more value. I think the community for a crypto project is like the user base for facebook or twitter. In my opinion, a crypto project without a community is like a dead project in the crypto world since nobody will buy the token.
newbie
Activity: 56
Merit: 0
It is vital and if a coin can focus on their community, they will benefit!
brand new
Activity: 0
Merit: 0
I think it gets put too highly.

If the project is good and the token is valuable then then community will grow because they see success.
newbie
Activity: 58
Merit: 0
I think it is vital to any new altcoin, as they need as much as possible to break into the market.
hero member
Activity: 2870
Merit: 574
Vave.com - Crypto Casino
Without community project is empty, project will be less viewers so this is very important as the community is part of success in every project.

besides that, the project cannot reach their goals in the future because they don't have a support from the people and maybe their investor is not much. like many of us say that the community is very important, I agree with them too because with the community, we can spread about the projects to many places and we can get more investor from out there so they can join with us and makes the project get success. besides that, with the community, they can give a new idea to the dev and the team to makes the project better in the future.
brand new
Activity: 0
Merit: 0
It is very important as the token needs to take off at the start, and who helps that the most? The community.
full member
Activity: 444
Merit: 101
I think a strong community behind a project is extremely important.  If you look at certain projects that have been community focused, you find that most members of the project community help the project grow, not only by providing ideas but also in promoting the project.  If/when people feel part of a project community, i feel there is a sense of collective responsibility therefore, some may be less inclined to dump or sell early etc.   As per usual though in crypto, there isn't a one size fits all model.   Research research research.
hero member
Activity: 1666
Merit: 565
It's not that important, the price grows a community. Do you think that ETH focused on growing their community? No.

but if nobody trade a crypto, if nobody talks about it, how can the price rise? i think that community have a role on it...at least at the beginning.
jr. member
Activity: 74
Merit: 3
community can be one of the reference success or failure of an ico project, and my experience proves it is true
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