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Topic: Is product important for a project? - page 161. (Read 225005 times)

jr. member
Activity: 105
Merit: 2
March 07, 2018, 09:59:24 AM
#25
I think a lot of important things in a project of course because a project that requires full support in the original company even as the product is produced.
copper member
Activity: 72
Merit: 0
March 07, 2018, 09:52:56 AM
#24
I think products is very very important for a project. Investor see that the project road map and working step by the road map. If there have products or app or more physical thinks they can believe this projects. It's just my opinion.
full member
Activity: 392
Merit: 105
Vena.Network
March 07, 2018, 09:50:46 AM
#23
Everyone thinks that product is important thing before ICO landing.
I got another point of view. I think idea is the most important. When project with idea enters the market - they show who they are, they show what they want to do and how it can change the world, and they need to realize it.
When project with completed product enters ICO - I dont know WHY Huh They already made it, why they need extra money? They can find it in other places.
And I really dont know which position I like more.

Maybe like this - great projects with great product just enters the market, for free(or something near that). Projects that have idea and want to realize it - they can make ICO. Maybe like that.
full member
Activity: 434
Merit: 105
March 07, 2018, 09:48:10 AM
#22
Of course the product is important. If the product has some real use, this will gain the popularity needed and will increase the chances of success.
full member
Activity: 1210
Merit: 100
March 07, 2018, 09:47:00 AM
#21
owh, of course very important, you give kickcity example, and I see other ICO product like hydrominer which have success with high sales.

the benefits of hydrominer is to save the source of electrical energy while doing the mining, because hydrominer offers hydropower. so making it more environmentally friendly and efficient.
full member
Activity: 616
Merit: 102
March 07, 2018, 09:38:52 AM
#20
Yes product is important. If there is no product then they are just selling dreams. An ICO that has already a working product has an advantage over others that has not. But the success of the project depends on the team how they will manage and develop further their product.
full member
Activity: 812
Merit: 120
https://combonetwork.io/
March 07, 2018, 09:36:07 AM
#19
it is definitely the product for the project when ICO is very important. and how it functions for the community.
therefore investors will be interested in investing it because no one is willing to give their money in vain.
newbie
Activity: 100
Merit: 0
March 07, 2018, 09:35:04 AM
#18
I think there is a very supportive factor of the project is a product because I think if the resulting product is good then on the project it will add value to become a very needed by the user of altcoin from the project.
newbie
Activity: 27
Merit: 0
March 07, 2018, 09:34:51 AM
#17
Product is important but it's on the second place. Basically, Team A with product B is better than Team B with product A.
That's how big investors make decisions.
copper member
Activity: 490
Merit: 2
March 07, 2018, 09:34:18 AM
#16
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

with working product the the earlier the project can start after ICOs is finish. investor will be willing to invest in this ICOs because they can see that this project have higher chance of succeeding and the earlier their money can retur and profit.

Product in a certain project is very important because it can add the eagerness of the customer to patronize the product so it can the easyness of a certain project to succed fastly and finished within target period.
sr. member
Activity: 406
Merit: 255
March 07, 2018, 09:31:11 AM
#15
I agree that production is of great importance. But there are a lot of scams in the ICO market. Therefore, I focus on who is presenting this project. If there are no people whose credibility is a guarantee against fraud I will not invest in such a project. I think it is necessary to start the ICO with the presentation of the team.
newbie
Activity: 42
Merit: 0
March 07, 2018, 09:31:02 AM
#14
Definitely number 1 thing. If they do not have working app, you are gambling with possibility they will never figure out how to make it happen.

But there were projects who didnt have working product and yet they manged to figure it out once they got funding.... but that I would say is purely coincidental. So yes working product at least MVP is a must. My research on 120 ICOs showed that only 22 out of 120 projects had a minimum viable product in place when they launched their ICO. Quite alarming don;t you think? In a real world they could forget about any type of funding.... maybe  feasibility study grant from the government up to 50,000 USD, but that would be it. And yet they raise millions of dollars.

Help me to understand how the ICO investors choose and monitor the ICOs they invest in. If you ever invested in at least one ICO fill in this questionnaire (below). Our aim is to build community due diligence initiative to screen the ICO projects for the community and help you decide which project to support.


https://tilburglawschool.eu.qualtrics.com/jfe/form/SV_3sCWmLd0wY1OK3P
member
Activity: 566
Merit: 13
March 07, 2018, 09:25:26 AM
#13
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

with working product the the earlier the project can start after ICOs is finish. investor will be willing to invest in this ICOs because they can see that this project have higher chance of succeeding and the earlier their money can retur and profit.

True. Investors and users wont need waiting long moths before the team will make the pruduct
newbie
Activity: 42
Merit: 0
March 07, 2018, 09:21:19 AM
#12
Of course. A ready product gives more reliability to project.
If there is no completely ready product then MVP is needed at least.
full member
Activity: 532
Merit: 100
March 07, 2018, 09:16:11 AM
#11
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

with working product the the earlier the project can start after ICOs is finish. investor will be willing to invest in this ICOs because they can see that this project have higher chance of succeeding and the earlier their money can retur and profit.
full member
Activity: 379
Merit: 100
Decentralized Ascending Auctions on Blockchain
March 07, 2018, 09:15:57 AM
#10
yah, product is very very important for a profect, you can not invest your money into a project which doesnt have a product. how does the ICO work??
full member
Activity: 350
Merit: 100
March 07, 2018, 09:08:50 AM
#9
Working product is a sign of the quality of the project. When you can get acquainted with the product, or it can already be used, it increases the trust of investors. And such projects are always more reliable.
member
Activity: 160
Merit: 10
Decentralizing Wealth Building Investment Opportu
March 07, 2018, 09:00:26 AM
#8
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

Naturally, the availability of a product from the ICO team is a big plus for investors. Many investors pay attention to this first. The availability of the product from the team is a high probability that the project will not turn out to be a fraud.
pey
sr. member
Activity: 546
Merit: 251
Free Crypto in Stake.com Telegram t.me/StakeCasino
March 07, 2018, 08:59:12 AM
#7
It is absolutely important, because tokens people bought are usually designed to be used in product, so how you invest without seeing any product.
sr. member
Activity: 344
Merit: 250
March 07, 2018, 08:54:11 AM
#6
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.
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