Topic: How To Start a Blockchain Project? (Read 316 times)

You need to be a good developer and have enough fund for development and marketing and for sure the most important thing is to have a good idea that could bring somthing new to the crypto space this way you will get the required attention from investors and you can rise enough fund to continue in developing your project and list your token on exchanges...etc

firstly you need a 'thinktank' of people in business, multiple industries and economics that can come together and think about what niche service/economy/system is missing from the world.. before even thinking about coders

it requires people in different business disciplines to know about different industries enough to know whats missing from each industry to then have idea's of what missing niche needs filling the most.(what would actually be useful)

you need economics people to factor in the different ways to make your niche valued for utility(get people to want to use it and treat it as worthy of using) and also to make it valued to then make money out of to pay for those involved and also incentivise those using it.

you also need business people involved that actually use the idea. so that they can alpha test it in the real world and point out what features/benefits/utility are needed for it to work.

EG
many idiots planned to make medical record blockchains. but had no one from the medical industry involved who could point out what data/format/structure or message packets between peers should look like/contain.
they also had no medical experts involved to then actually alphatest it on in the real world to see if it was actually useful/needed in the medical industry. .. hense why those projects failed before they even begun...

.. but once you have an idea in mind and have an idea of a niche that needs to be filled
THEN and only then you can get the coders in to then turn the paper idea into code. and then trial it out.

as for how to combine the team. well thats a discussion to have with the team. as each person has their favoured communication portal. so its a conversation you have later about how you want everyone to talk together collaboratively.

as for blockchains. well thats one option. there are others.
there is also 'ball&chain' whereby instead of a ledger which always keeps every record for eternity. what can also be done is after X months/block. the algo 'milestones' historic data.
(imagine it like a snapshot of a UTXOset from the point of view of a specific date that is fixed)
parse out the 'spent'/useless data from this snapshot and 'balls' up the useful stuff. and at a later second mile marker. snips/prunes the chain at the first milestone, to only keep the ball of that first milestone.
EG at block 210,000 ball up all unspents of 0-210,000. then at 420,000 spin the chain of 0-210,000 and just have the ball of unspents of 0-210,000 attached to the chain of 210,001-420,000. whereby the network has had blocks 210k to 420k to audit, check and verify that the ball of 0-210k is indeed good/acceptable.
then repeat at every milestone gap of 210k blocks.
thus future users have less to 'initial download' to get upto date. and data is not eternally locked/present even if spent/used

there are other options aswell as this. that can be used.

What you say is absolutely true because each of them certainly has their own rules and ways of working and the uses of the two are also different, sometimes they change ways in explaining the performance of blockchain projects and crypto projects.

The dream part is not the hard thing, it's the grind that people are stuck at almost all day every day. The reality is that if you have a dream, that's fine but if you are not willing to work for that dream then it is not a dream but just an idea. What you should do instead is to make sure that you end up with working hard towards finding the path and then taking those steps in order to achieve it.

I personally never really do that, did it once in my entire life and created a project with friends last year, wasn't a big success, but at least we recouped our money back (well I did and a friend did but third person didn't). This means dreams can come and go, it's the grind that matters.

You can't start unless you dream first. You need an idea, without an idea you cannot dream. You may only copy other people's projects if you don't have an idea in mind. Then the rest depends on how much money you got, which people you know, etc.

Like you said, you need a team but there are also lots of scammers so it won't be an easy task to find the right people. Why do you want to start a project like this anyway? You can make money by making investments. It would bring less headaches.

Depends on your budget and what you can do yourself as well. OP said he can't do it all by himself for example, but this could mean a lot of things. Like if all he will do is oversee, then he is not needed for a brand new project and he shouldn't do it, why would he be of any worth?

The reality is that if you are a developer and need a designer that's fine, if you are a designer and need marketing that's fine, if you have a lot of money and just hire people to do it even that's fine, but if you want to get an investor to okay your idea, pay you, so you hire some people and make it a reality and earn money from that, then it's not going to be working for you at all.

There are various phases comes under when you start working on a Blockchain Project.

Step 1: Clarify Starting Point
Step 2: Understand Blockchain Technology
Step 3: Adopt Blockchain Eco System Approach
Step 4: Understand the Dynamics of Blockchain Governance
Step 5: Know the Facts of Common Legal and Regulatory Issues in Blockchain
Step 6: Think About Associating Blockchain and AI
Step 7: Update Yourself From The Changes in Blockchain
Step 8: Being Accompany by Experts

And if you still need more info about the blockchain and their related things so just click the link below:

https://theninehertz.com/hire-developers/blockchain

No offense meant but I have read the same wishes in the past...but many of them remained to be dreams and no accomplishments whatsoever. Now, having said that, I am hoping that something can come out of the things you are dreaming for in connection with establishing a blockchain-based project that can be bringing in real value and something that can be solid in an ever-shifting marketplace that we have right now. Starting a project is not an easy endeavor because you need money or a lot of convincing power to get others to come on board...and you must have the necessary knowledge otherwise you will not be able to direct your team according to your vision. Still, hoping you the best and I am really wishing that we are witnessing here another Vitalik Buterin or another Satoshi Nakamoto.

There are actually two cases people explained here. first, how to create a blockchain project. second, how to create a crypto project. I see many people mistakenly explained about crypto project but blockchain is not only used for crypto world these are two different things. blockchain a technology actually can be used for many project depends on your need it can be useful on even medical projects and mostly financial projects and so on.

How To Implement A Blockchain Project In 5 Steps
1. Select your platform
2. Initialize the blockchain
3. Choosing the right consensus protocol
4. Execute your first smart contract
5. Debug and scale

Source: https://hackernoon.com/how-to-implement-a-blockchain-project-in-5-steps-9c78353666f7


8 Steps to Start Blockchain Development and Get Your Dapp Ready
1. Identify the Problem and Goal
2. Identify the Most Suitable Consensus Mechanism
3. Identify the Most Suitable Platform
4. Designing the Architecture
5. Configuring the Application
6. Building the APIs
7. Design the Admin and User Interface
8. Scaling the POC and Identifying Problems

Source: https://www.newgenapps.com/blog/8-steps-how-to-start-blockchain-development-dapp/


What is the Blockchain Development Process?


Source: https://www.leewayhertz.com/blockchain-development/

start by looking at the thousands of different projects that already exist. check out which ones are total garbage (which is the majority so you can skip a lot and shrink the list right away), which ones had some innovation, which ones are being sold as good projects but are actually pure pump and dump garbage, ...

then decide what you want to create, another garbage that pump and dumps for a while and then dies or an innovative cryptocurrency like bitcoin that changed the world.
by then you should have enough experience to figure out what to do and how to start.

To start a project you need to find out what the market needs? A bold new idea from previous projects is needed. The next step is to find a suitable blockchain platform if you do not want to create a blockchain platform for your project. Find a suitable group of people with similar interests to build a project.
If you want to build a DAPP on another blockchain then I recommend LAMDEN.IO
This project is about to launch mainnet and the LAMDEN blockchain is built entirely on Python. The advantages of LAMDEN are fast speed, easy to build DAPP, and cheap money transfer cost.
Their team is young and enthusiastic, and they will welcome new developers.

I would love to know that too.

What are the basic information that I need in order to do this..

Thanks.

If you need to ask, you aren't probably building something that's not needed. If you want to learn, there are lots of free courses to choose from. You could start by stuidying what's already been done, like different concensus algorithms, study their githubs and stuff like that.

Came here to say exactly this - there's no need to make a "blockchain project" aka ICO or just token simply because you can or want. You need to already have a clear idea of what you want to do, how you will do, you need to be sure that no one already did this, and if they did, that your project will actually be better. This ecosystem if filled to the brim with worthless tokens and projects that either all try to do the same thing, or just full of flaws that make the project impossible.

thanks so much. now i have to think of something that would be of interest that has not been created yet

looks like you don't need vps at this point, you can use localhost for testing but it depends on what blockchains project you are going to make
you need vps when you are ready to start
In my opinion, a good project is a project that has been running at least 50% and 50% running when the ICO or IEO starts

You need two things:

1.- Gitlab.

To have a good coding environment where any of the coders can make modifications on a private environment and an easy way to manage the codes between all devs.

2.-A server.

You need a VPS to run your node and the wrappers... it needs to be a huge server if you want to handle multiple nodes, or fast service.

thanks on the feedback./

My ideas were not exactly blockchain,  but in the area of technology to say the least. Could be blockchain or could not, Crypto related

In general it would have relation to blockchain and even crypto and other forms of technology.

More less trying to figure out all what i need to start on and build from an original idea.

i agree on the boring projects out there.  Its more less looking at maybe something that may exist already but to add variety to the market is an idea as well. thanks for all your help

I am not discouraging you but if the project you intend to build or the area you want to explore has been seriously being explored, I will rather ask you to seek a novel project. The reason why I am saying this is that people do not invest that much into a blockchain project anymore so if you launch a project that already exists on the internet without any features that make your own better than the already existing platforms, then I can tell you the result might be unpleasant. Also, do not rely much of getting the bulk of the money you need from investors. There are still some blockchain project that do not seek for contribution from investors.