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Topic: How important is a community behind a crypto project? - page 42. (Read 4808 times)

newbie
Activity: 45
Merit: 0
It is the most important part of the project behind the project and token economics. Without people believing in your idea, then it will not work. There are 100's of different tokens and so you need to have the people to spread your token as the greatest one.
newbie
Activity: 283
Merit: 0
I think the community in crypto is very important because the community has many benefits to its members, for example:
1. Media Information Dissemination - the first benefit is as a medium of information dissemination. In the community, each joined member can exchange information (whether shared or received) related to the community theme that is formed.
2. Established Interwoven / Relationship - apart from being a media of information dissemination, the community is also useful as a medium to establish relationships / relationships among members of the community who have a hobby or originating from the same field.
3. Mutual Support / Support - because it comes from the same field, the community can serve as a medium for the activities of mutual assistance among members of the community or outside the community members.
full member
Activity: 476
Merit: 100
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


I have heard a lot about the role of a community united around a project only in connection with litigation, when it is easier for the collective of people to get something in court from a fraudulent organization.
newbie
Activity: 85
Merit: 0
It is very important, but for some reason a lot of crypto startups just ignore it. Maybe because it can take time and they assume that if the price raises, so does the community.
brand new
Activity: 0
Merit: 0
I have seen a few comments that think they can get around a community through email blasting and expensive marketing budgets. I completely disagree, you need to communicate and be transparent with your users / adopters.

Yes there are some people who are looking to make a quick buck, but there is also a large amount of people who are very interested in the growth of this ecosystem. Nobody is going to turn down nice profits, but I personally am I here because I want to be part of the revolution that is blockchain and crypto.
full member
Activity: 364
Merit: 106
They are very important because they serves as the pillar of every crypto project. They are the foundations and they mostly affect how far a project can go. Without any active community behind a project, it will go stagnant because of many reasons such as lack of support, meaning no promotions of the project, no willing investors and no way to generate funds. After all, we have to remember that we, as a community plays a major role not only in the market but also in different crypto project. If FUD's and positive news can affect cryptocurrency, so does the support from a dead and active community.
full member
Activity: 532
Merit: 132
I think community and product is most important in crypto project, because if there is hodlers and users who use coin then this coin will have volume and will be alive in long term.
That's right! Community are too important behind a crypto project. It will support it by investing and spreading news about the project. People who start investing and use the coin will pump the crypto and maybe it will reach a high level according to the importance of the project.
newbie
Activity: 64
Merit: 0
I think community and product is most important in crypto project, because if there is hodlers and users who use coin then this coin will have volume and will be alive in long term.
newbie
Activity: 116
Merit: 0
It is very important, I think when the money calms down and the bubble bursts, which it will at some point the projects with the great community will stay alive. Most ICOs will just bleed their money.
member
Activity: 445
Merit: 10
Community backing or support is very important because it keeps the people connected to the crypto. If many people are helping out promoting the project, it will give a positive note to investors. The word of mouth now is stronger than any news. The more people will talk positive about a project through blogs or any social media will best promote a project.

Yes agree with you sir... COMMUNITY is somehow the backbone of each crypto project.. Because every successful crypto project has a backed up of a very supportive and motivated community..  Without the help or support of community more or less the project will just erupt with the blink of an eye... And of course every project doesn't want this to happen...
If every project treats community well expect it more for them to do what is needed with the use of social media accounts.. And as a return this will be the cheapest publicity your project can have... The more community spreading your project the more investors will come along your way that can bring both sides a success path... 😊
newbie
Activity: 126
Merit: 0
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

Behind the crypto project, there's an important role played by the community. They are the ones who invests and support the projects being implemented. Without the community the project wouldn't be successful. The people is the key, by spreading and advertising the project it will be known and be popular to the public.
brand new
Activity: 0
Merit: 0
It is extremely important that you don't just create a community but also nurture it, you have to find the people who would be interested in your idea. Picking the wrong community to target can be just as bad as having no community.
member
Activity: 171
Merit: 50
Crypto will save my kids!
Community is extremely important as you need a strong and unite community to have a real succes in every single departament of the project. Ignoring the community will bring only fud , chaos and all kinda things so always protect your community.
jr. member
Activity: 91
Merit: 1
Community plays an important role behind crypto project because they are the one who will invest and support the project being implemented. Without the community the project will not be successful, the people is the tool in spreading and advertising the project to make it known to the public.
newbie
Activity: 87
Merit: 0
I personally think that community is a little overrated. Majority of people in a community are after one thing, making capital out of the token. I feel it only becomes very valuable once the community is very large, so that small percentage that believe in the project is a substantial number.
newbie
Activity: 36
Merit: 0
It is very important, with any startup you need people who believe in your idea for it to come to life.
hero member
Activity: 1319
Merit: 593
In #Bitcoin me trust
I’m in the team of a  crypto currency project and we are working to build the community. If we can’t get enough support our project won’t be able to move forward. We didn’t make ICO but if we had done, community would be more and more important. Community is the king 😀
newbie
Activity: 96
Merit: 0
It is extremely vital, without the community the token is doomed to fail.
hero member
Activity: 2870
Merit: 574
Vave.com - Crypto Casino
the community takes an important position in the projects and without the community, the project cannot spread to many people and there are only a few investors that will invest their money. so in this case, if the community has a solid team then the projects will get success in the future, and it will give impact too on the price. and with the community and the investor which come to the projects, I think the project will reach their goals one by one in the future.
sr. member
Activity: 1736
Merit: 357
Peace be with you!
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

Yeah I agree with the article because it clearly says all on how important community is in promoting the project. Community backing project I think needs only fair amount of marketing budgets. Signature campaigns and bounties, social media campaigns, and any community groups can really advertize and promote the project without spending too much money unlike spending huge amount of money through television or either on bill boards.
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