Topic: Is product important for a project? - page 159. (Read 225018 times)
For me, a product is very important in a project. Not only a product but a working product that really served its purpose 100%. With that, ICO will likely to succeed because it will draw attention of investors to invest and users to utilize the working product.
Of course product is very important in an ICO. How do you present your project without a product? Even services still has product and services itself is also a product. Investors are looking at what kind of product and if they benefit from your product.
According to Business Dictionary a product is.. A good, idea, method, information, object or service created as a result of a process and serves a need or satisfies a want. It has a combination of tangible and intangible attributes (benefits, features, functions, uses) that a seller offers a buyer for purchase. For example a seller of a toothbrush not only offers the physical product but also the idea that the consumer will be improving the health of their teeth.
That's how a product is important. Is there a fool to invest in a project without a product?
According to Business Dictionary a product is.. A good, idea, method, information, object or service created as a result of a process and serves a need or satisfies a want. It has a combination of tangible and intangible attributes (benefits, features, functions, uses) that a seller offers a buyer for purchase. For example a seller of a toothbrush not only offers the physical product but also the idea that the consumer will be improving the health of their teeth.
That's how a product is important. Is there a fool to invest in a project without a product?
Of course a working product or atleast MVP(Minimum Viable Product) is required for the investors in order to make them believe that the team is really working on the project and not just trying to rip off the investors like most of the ICOs out there.
It is one of the more important factors to convince prospective investors to join the ICO exercises. A working solution or product indicate that their ideas are viable and workable. It is like telling the world what is needed now is more capital to help develop the product further and fine tune them for the market. Such indications definitely instil confidence in the investors.
Product is an important component of a platform or project. There are so many product benefits for a platform one of which is the application of a platform brand to a product but the product generally serves to create a good perception in the community. If the product they sell has good quality then good also the view or the public's perception of the platform.
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, without it, how can you possibly convince the investors to invest on a certain ICO if you dont have anything in return that can be useful after they put their money on you. 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
A good project would be a project with product created. opposite. If the project does not have the product. That project is definitely a scam
If don't no the product you can't create the project. So product is important for the project. So product is important for choose the best project. you learn the project the information. Then you know the best project. Choose the best project then get more information. This information help to improve you knowledge and invest for the future business process. It good to use for the future growth.
The product is cornerstone of the project. If the product is hot, so is the project. On the other side not working product can push the investors away and cost many problems.
Maybe you are right. If there is a ready-made product, but it's bad nobody will invest
Yes and PundiX is also one of the examples.
A product is the best to tell that the company is running and also good service.
If they are scammers, then they dont need waste money just so the people will see the product. They wont do that, they just run away and let it be.
Goals should be met and even if the value of the coin of one Post-ICO goes down, it doesn't mean it is the end but yet a good chance to buy a lot of it.
It will be harder to trust those who will just use the blockchain technology only. Better with something else.
A product is the best to tell that the company is running and also good service.
If they are scammers, then they dont need waste money just so the people will see the product. They wont do that, they just run away and let it be.
Goals should be met and even if the value of the coin of one Post-ICO goes down, it doesn't mean it is the end but yet a good chance to buy a lot of it.
It will be harder to trust those who will just use the blockchain technology only. Better with something else.
The product is cornerstone of the project. If the product is hot, so is the project. On the other side not working product can push the investors away and cost many problems.
I think product is very important to a project. if the project without the product. I thought it was a dead project. and does not make sense
a working product is part that will attract more investor interested to invest in ICO project, so that really is something important for the succesfull of ICO, since trust of a custumers is important. you don't want to invest for something that you don't know it will exist or not in the future right?
many ICO project doesn't have MVP and in many case they don't even have a working product and only with idea on their whitepaper and roadmap.
many ICO project doesn't have MVP and in many case they don't even have a working product and only with idea on their whitepaper and roadmap.
so many projects that have a different theme from one project to another project, if indeed want to find a good project is we must see the purpose, core and intent of development project that we will follow.
not all projects require products I think this is applied to a project formed in a ico taken from a product
such as bananacoin. (BCO)
and projects like REAL EASTAT do not need the product.
such as bananacoin. (BCO)
and projects like REAL EASTAT do not need the product.
Product is not that important as 99 times out of 100 people do not do proper research. They mostly follow hypes: see "what coin to buy" questions on this forum.
Not sure where your answer is coming from but, if those 99 people will do proper research, where are they going to base their decision to buy the token? The people behind it? The white paper that doesn't say anything about a product? Even if you have the greatest minds behind a project but there is no product what are they going to tell the people to buy the token if they have no product. Even if they don't have the product but they have the idea on their project, you can consider that as a product. Just my opinion. 
It is very important in the current space we are, the level of scam projects are on the rise and to see if the team has the capacity to deliver on what they promised, even you can see most of the recent ICOs are showing a prototype for the platfrom, the quality of the team is Okay but knowing they can deliver on this is more important
Product is an important component to help the project succeed. The product is aimed at users and many investors are interested then surely your project will be very successful.
I am not sure a ready made product can guarantee success to a project. But it makes investors more sure in your company
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
An ICO must be developed from the earliest conditions, I think it is very difficult to get an ICO that has good prospects. A product offered on ICO is very important because it can make a person's perspective change, if the offered product is attractive and the presented whitepaper has clarity so everyone will not hesitate to invest in an ICO project. but let's see if the project does not offer anything interesting in their product then certainly they lose a lot of investors and the loss will be the end result. So the product becomes a thing that should be designed very well, the project should be able to give confidence that the project will experience success.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 an important component to help the project succeed. The product is aimed at users and many investors are interested then surely your project will be very successful.
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