Topic: How important is a community behind a crypto project? - page 4. (Read 4808 times)
If the community behind a project is toxic or nonexistent, there will be no spread by word of mouth or social media. Investors would be turned away because nobody is talking about the project, or they see nothing but immature rude comments associated to the project's name. This negative first impression will be enough to have them put their money into something else. It's a huge spiral downwards because as no money is in the project, low volume will make others think the project isn't worthwhile, which it probably isn't.
Community is very important in any case, so much information can be collected. Whether it's good or bad information. Promotions, pump or dump coins, suspended coins or other things. The community is also be able to give a lot of lessons in studying ico and in trading.
Having a strong community is KEY. Unless there's a bit business or big private interests behind a coin, you need supporters investing and spreading the word about your project.
Projects need to be a strong and acting community to be successfull, it is a mandatory key fo all cryptos
yeah sure it is true, when community backs a coin, it will create a great FOMO which will make the coin price to go higher, bitcoin price is high because it has a huge community supporting the coin and that's how it is for any other project, so i think project and team should always try to build a large community so that they will reach a much wider audience
Community is the most important to check/rate a project. Without Community, who will support and promote project? Who want to buy/sell/hold project token in future? Who will review, post, share about project??? Who will use product after development to make profit?
Without community, project can't raise funds for development.
For example, Organicco is potential ICO, but they need to raise community too, you can join to check, there are more than 8000 members: https://t.me/organiccouk
Project launchs an airdrop to share the first tokens to supporters (10 ORC = 5 GBP per person): https://organicco.uk
And Full bounty program to make a wave in crypto world: https://bitcointalksearch.org/topic/bounty24m-gbp-organicco-green-tech-proven-technology-3777991
Without community, project can't raise funds for development.
For example, Organicco is potential ICO, but they need to raise community too, you can join to check, there are more than 8000 members: https://t.me/organiccouk
Project launchs an airdrop to share the first tokens to supporters (10 ORC = 5 GBP per person): https://organicco.uk
And Full bounty program to make a wave in crypto world: https://bitcointalksearch.org/topic/bounty24m-gbp-organicco-green-tech-proven-technology-3777991
It is very important as crypto becomes more and more mainstream, the tokens with the highest following will become stronger and stronger.
I think the community is extremely important for the success of a campaign. If a campaign can make their project with the help of a quality community, I believe that they can be very successfull in the future.
In any project, the team is the key to success. You should always pay attention to this and look at the previous experience, and the merits of all the participants who work in this project, this is an important point.
The real supportive community is an indicator of the credibilty of the project, but unfortunately it turned out to be fake telegram and twitter numbers created by bounty campaigns. To know the real community of a project, just check them after the ICO not before.
So important, without it a token will not become big.
The coin could be pretty large if there were a lot of people hating on it. So yes, it would do more than okay with an active community.
So important, without it a token will not become big.
Somewhat important, I've seen coins with huge communities fail so idk don't just trust big communities because they are mostly full of newbies.
I feel that network is a standout amongst the most critical variables for any altcoins on the grounds that the network resembles the financial specialists so if the network is exceptionally dynamic and has a considerable measure of individuals then the altcoin cost will have more esteem. I think the network for a crypto venture resembles the client base for facebook or twitter. As I would like to think, a crypto venture without a network resembles a dead task in the crypto world since no one will purchase the token.
of course the community is very important behind the crypto project. because the community is the key to the success of a project. of course a project that will succeed, that is a community that is strong, sophisticated and has a high idea of thinking also attracts the attention of investors.
Hype is one of the main conditions for the success of the ico project. If there is not a huge number of suppotrers, followers, participiants, subscribers, etc, then who will buy, only funds? But without ordinary investors, the project can not exist.
It is a very important factor for a successful ICO. If the project aims to collect 100 million USD and they have 50 followers on Twitter and 100 in Telegram, they won't reach anything.
This is very important, because it is the community that corrects the attention and thoughts of people who today understand that if a project fails, it is necessary to wait or suffer, but not to abandon the project right away, because it happens that people just sell all tokens at once.
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
Even without reading such articles i was always sure that the project community is the very important thing that project must have. And it must be not toxic community (airdrop/bounty/flippers community) it must be a really interested people, developers, users, etc. who can contribute to the further development of the project. 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
For me the main thing is that the people who create the project are professionals. And if people who also think so and support my opinion. This is the most important thing for me. And I am fully confident that the community has a great influence on the project
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