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Topic: Is product important for a project? - page 148. (Read 225005 times)

full member
Activity: 392
Merit: 101
dApps Development Automation Platform
March 15, 2018, 09:01:24 AM
I believe so, it is. One of the reasons why people open some icos is to be able to raise funds for their project and/or technology that they are planning to sell or make. Other than that, a product is a good indication that the ico or project is doing well and that it will soon bring in some return of investment.
member
Activity: 238
Merit: 10
March 15, 2018, 08:55:12 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
Product is important as long as the product is good to use and already been tested. Product should not be rush because it will bring a negative feedback in the community and it FUDster will spread it.
sr. member
Activity: 686
Merit: 250
March 15, 2018, 08:06:08 AM

The product a project is offering is very important as its what it offers is what attracts investors to it,  good product with good growth potential is likely to do well in the market hence attracting serious investors
full member
Activity: 556
Merit: 100
March 15, 2018, 07:56:30 AM
Off course yes so that investors knows what they are investing for and what the project is all about that is the easy way to earn investors.
member
Activity: 168
Merit: 11
March 15, 2018, 07:53:04 AM
Of course because the product is what makes the projects, I don't know why you ask this question but seriously you can launch a project without a product because it is the heart of your project and product is the one that makes the project unique and different from the any other project and the product is the first thing that the investors want to buy into your project.
newbie
Activity: 210
Merit: 0
March 15, 2018, 06:54:54 AM
without a product, project is like arrows in the air.
sr. member
Activity: 979
Merit: 258
March 15, 2018, 06:25:15 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
Yes it is very important because if you don't have any product i dont think the project will be sucessful. It is like an making a thesis and propose the product you want to do. Project based on the products. When you do an projects you can think about what products can make people happy or it have a benefit
full member
Activity: 448
Merit: 102
March 15, 2018, 06:21:16 AM
Product is very important in order for the project to succeed.  Investors of course are looking for a product if they are sellable, useful or  not. Having a good product is a key on the road to success.
It is the end product which really makes the difference as this is the only thing which you have in order to present it to the rest of the world. People are least concerned about the process which you followed or anything like that. The only thing which can attract tem is what you show them and how much attraction your final product has got and that you need to keep the audience interest in your mind too.
sr. member
Activity: 602
Merit: 265
March 15, 2018, 06:00:06 AM
Product is very important for investors, because it give them more confidence to put their money there. However, there are some visionary ideas which are worth backing even before a prototype is made. For example great ideas that spin-off an existing solution or product. So for the investors, they can already have a feel or know what the product is like, then they invest to make a better version of it with a different company. But for virgin territories, it is important to have a product, even a not so great prototype can go a very long way to convincing investors.
jr. member
Activity: 224
Merit: 1
March 15, 2018, 03:51:44 AM
Obviously the product is important for a project, the product can also determine the success of a project, if the product is not clear which one wants the person to follow the project.
member
Activity: 476
Merit: 10
March 15, 2018, 03:44:39 AM
Product is very important, without a reasonable product then the project is nothing as it has nothing to present to the investors. The product of a project is great determinant of the project's sucess
newbie
Activity: 266
Merit: 0
March 15, 2018, 03:30:55 AM
Definetly yes! I prefer to invest in projects that have ready-made products and do not tell only airy promises.
member
Activity: 115
Merit: 10
March 15, 2018, 03:25:12 AM
Yes it is important. Because every project has to be known by all investors to create more business affilation. Its imore for all the team.
Of course it's very important for an ICO. For me I always looking for an ICO which contains some specific requirements, one of them is ICO should have at least Alpha or Demo version of product before ICO starting.
Actually, I think most of ICOs out there just talk about their concepts without any product developments, if they really want to make their ICO seriously, they will not be that hurry, they should work on product first
jr. member
Activity: 224
Merit: 2
March 15, 2018, 03:21:51 AM
Yes it is important. Because every project has to be known by all investors to create more business affilation. Its imore for all the team.
full member
Activity: 392
Merit: 100
March 15, 2018, 03:15:43 AM
Each investor himself decides to trust the project or not according to his preferences. For someone, the availability of a product is important, for someone not
member
Activity: 266
Merit: 10
March 15, 2018, 03:15:37 AM
In any kind of investment or business a product is really a plus factor for the creator. More patrons trust a project that has product that comes with it. Along with the product is the individual creator who should be trustworthy.
member
Activity: 392
Merit: 21
March 15, 2018, 03:08:09 AM
Product is very important to a company because it is the main reason why the users or customers will support the comapany and they will get a good response from the users.
sr. member
Activity: 618
Merit: 250
March 15, 2018, 03:05:41 AM
Usually, most investors look for ICOs or projects that already has a good working product before investing. A working product means that only further development is the only thing needed to entice investors. Only further development is needed in such coins and active marketing strategy.
Yes if course it is important because how can they advertise a project without a product. It is the only thing to represent that there project is working, having a good product means your project is successful. Also it can attract more people to trust to one project when they saw a good product.
legendary
Activity: 1512
Merit: 1041
March 15, 2018, 02:45:34 AM
Having a good working product is definitely important, for one it brings more trust towards the project itself. Members will feel more comfortable with investing in a project that has an physical product. If a working product is not available, then a prototype or a demo is needed that will show how the actual product will work.
Yeah, it is. One thing about having a product is that the coin you are investing in will have usefulness and you will at least be sure that you are investing in something real and the idea behind the product and how useful it is to the community at large and the global population at large is what would make it work. Any ICO without a product is more like investing in a company without anything to show for it, how will you know if the team will ever deliver on a promise if it is empty?

Product is a whole lot important. A lot of investors have ended up investing in empty promises and we all know how that usually ends up turning out at the end of the day. For a project that has product, that shows the team is ready to work, there is a whole lot to watch out for in the future as the coin or token becomes very useful and that is what really makes the whole idea of having a product sensible.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
March 14, 2018, 01:16:40 PM
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
There are too many opinion about ICO project, Some project came in this online market with his won product or some project came without product. ICO have a too many kind of product but without product ICO is not trusted so ICO project must be need to product it can be digital type of product or any kind of product.
In my opinion having something already developed should be mandatory for an investor to even consider investing in an ico, however we know that is never going to be the case there are almost no regulations and people are incredibly greedy even if they know that the project may be a scam they will still invest in it thinking they can obtain profits out of  it which explains why there are so many scams on the market.
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