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Topic: Is product important for a project? - page 140. (Read 225011 times)

sr. member
Activity: 476
Merit: 250
March 26, 2018, 03:56:37 AM
The first thing I look at when studying ICO is the presence of an existing business, web application or smartphone application. And after that, I evaluate other indicators.
full member
Activity: 434
Merit: 105
ADAB ICO
March 26, 2018, 03:56:15 AM
Guys, how do you think, is a ready-made product important for ICO project?

In my opinion, it is, because it can show investors that the team is ready to bring huge results and has future plans.

As an example - KickCity, event platform where each user is rewarded for event promotion. You can try it today. More information you can find here  https://medium.com/@kickcity_io/kickcity-public-beta-5aa66fafc5c7

It is based on what they present either physical product or web based project. As long as it helps and can truly show what to expect from their project. Just like proposing a business plan to investors and how well it is needed.
newbie
Activity: 182
Merit: 0
March 26, 2018, 03:52:08 AM
that is one of the crucial thing that project needs to have. It has to be implemented into a product and able to be used for many peoples, it helps a project to become a strong contender in the market.
newbie
Activity: 73
Merit: 0
March 26, 2018, 03:37:51 AM
pIt is extremely important or even a must for ICOs project to have a clear offered product. Because most investor look for the real product when they are about to invest their money. The product offered convinces the investor and it means that the projects is well design and has a specific goal to reach.

I have read an article related to this topic, it says that the product should match this criteria,
1. It should be thought thoroughly and well design.
2. It should be clear from the first page or step, state the idea of the products clearly.
3. Marketing for the ICOs projects can be tough, means that you should be sure 100% of your product and make the investor believe in you.   
4. The problem of the product should be solved as fast and good as possible. It is a part which quite important.
5. legal disclaimer, it should not against the laws.

Actually there are many to full filled in designing the products, but I form it in to five only.
sr. member
Activity: 756
Merit: 251
March 26, 2018, 03:35:41 AM
A product is very important for a project because it means a lot of things to the potential investors. For example, it may mean that the project has really the capacity to produce in reality the ideas that they are presenting through their whitepapers and in whatever meetings, forum, and seminars they have attended. It may also mean that the project is really dedicated to pursue them. Some projects are actually stuck in letters and words, not in action. It may also mean that the project and the team are really working and functioning. These are all vital to potential investors.
member
Activity: 103
Merit: 10
March 26, 2018, 03:34:29 AM
Undoubtedly, the product is very important for the project. I am in favor of the view that we need to move away from the practice of raising the price of coins because of the hype as soon as possible. Once we achieve this, we can rationally evaluate the project, namely its product.
member
Activity: 145
Merit: 10
March 26, 2018, 03:31:38 AM
Definitely product play a big role in every project that's why it is really necessary to have it.The reliability of a project shown in a product that is being offered to the investors and users.Products add confidence in a project as well with the upcoming investors.
member
Activity: 175
Merit: 10
March 26, 2018, 03:14:09 AM
I think it is the most important thing. Even if the team is not so famous but a product is good I will more believe this project
newbie
Activity: 154
Merit: 0
March 26, 2018, 03:12:02 AM
Of course it is important. is not the intended product of the project? for this reason the progeny is the main determinant.  Huh
newbie
Activity: 87
Merit: 0
March 26, 2018, 03:04:00 AM
Yes, product is really important for a project. All investors who will going to invest in a certain project always look and study the products that the project offers. It also dictates the outcome of the projects.
member
Activity: 186
Merit: 10
March 26, 2018, 02:58:05 AM
Of course, if your project is not associated with scams. LOL. The product is always primary, in any project. Everything else is just speculation cost.
jr. member
Activity: 238
Merit: 5
March 25, 2018, 07:34:51 AM
Of course it’s important. Every investor wants to know that project will be successful and he will earn profits from this project. How potential investor will be sure in that if project doesn’t have any product and it’s just a fiction
full member
Activity: 560
Merit: 100
March 25, 2018, 03:23:48 AM
It is important because that project won't have a product I don't think it will last. All project that going to success or become success is have a greater idea to promote their products in their project. if they want to success or their project want to be successful and its a good idea when they have a product to show.
sr. member
Activity: 545
Merit: 250
Colletrix - Bridging the Physical and Virtual Worl
March 25, 2018, 03:16:21 AM
I think that it is necessary to carefully study the scope of the project, as now too many projects tokenize their business or conduct ICO, where they simply do not need. one of the most promising areas is financial and technical, as there are a lot of unsolved problems in it, such as transactions, auctions, money transfers.

The product is a must in every project, how will know that it already succeed if we cant see any moment or development of their products. There should be a continuous progress that will inspire more investors to be part of them, it's not enough that they have a token to trade with. It will be better if they have both working.
sr. member
Activity: 424
Merit: 250
March 25, 2018, 02:53:21 AM
I think that it is necessary to carefully study the scope of the project, as now too many projects tokenize their business or conduct ICO, where they simply do not need. one of the most promising areas is financial and technical, as there are a lot of unsolved problems in it, such as transactions, auctions, money transfers.
newbie
Activity: 193
Merit: 0
March 25, 2018, 02:47:32 AM
If there is no product now, then there should be previously completed projects. Otherwise, the risks to investing are too high, no matter how good a project idea is.
member
Activity: 322
Merit: 10
March 24, 2018, 09:03:38 PM
I think it is very important what is the product of that certain project , it is where the customer will appreciate the product that is promoted whether it is good or not , people should always ask what is the product og that certain project promoted and what does it bring.
jr. member
Activity: 294
Merit: 2
March 24, 2018, 08:42:37 PM
of course yes. This is the most important thing you have to understand clearly before investing in project. you have to anwser the question, why the project is created? what can the products help for development of the economy? it is very important.
Agree with you!
Also when project has a product or MVP - you can analyze real market and decide - invest or not invest.
member
Activity: 145
Merit: 10
March 24, 2018, 05:18:33 PM
The product is very important for investors because it gives them more confidence to invest their money there. However, there are some visionary ideas that deserve support, even before a prototype has been created. For example, great ideas that highlight an existing solution or product. So for investors they may already feel or know what the product is, and then invest to make a better version with another company. But for virgin territories it is important to have a product, not even a very large prototype can go a very long way to convince investors.
member
Activity: 546
Merit: 10
March 24, 2018, 04:26:47 PM
Of course this is very important when the project has its own product, I think that the product is the most basic element in the project, because it is for the sake of it that people invest their money, therefore the product is a very important element.
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