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Topic: Is product important for a project? - page 17. (Read 225005 times)

member
Activity: 854
Merit: 12
arcs-chain.com
April 03, 2019, 03:02:18 AM
Nowadays, with so many scams and non-capable teams, you must have a product to conduct a successfull ICO... the time in which you just had to state a crazy idea and the millions start pouring in, is over. Nowadays every investor requires as much assurances as possible and a working product should be on top of their list.
It is time to build and stop the ICO scam chaos
sr. member
Activity: 644
Merit: 250
April 03, 2019, 03:01:38 AM
It seems to me that the product is the most important in the project. The better the product, the more users, respectively, and more earnings. The product is very important in the project.
full member
Activity: 462
Merit: 101
April 03, 2019, 02:55:18 AM
The product is very important for a project in an unfavorable market. The real demand of the product is also important, because the investor becomes selective and less often believes in empty promises. The presence of the product confirms to all the participants the real activity of the project and promotes trust and cooperation.
jr. member
Activity: 714
Merit: 3
April 03, 2019, 02:50:52 AM
Yes it's very important because it shows the team know what they're doing not to collect people's money and keep developing a rpduct for years. A project that has a working product also removes the fear of scam from investors.
full member
Activity: 1456
Merit: 148
April 03, 2019, 02:34:25 AM
The progress of many projects as been seen depends on their product. Many cryptocurrency lack the ability to grow beyond their expected margin because of the product behind the project, successful projects in respect to cryptocurrency are based on their product. The usability of the product always pave ways to the project to strive.  
member
Activity: 1764
Merit: 10
April 03, 2019, 02:30:44 AM
Of course, when a company has a finished product before launching an ICO, much more investors will invest in such companies, so each company must have a ready-made product just before selling their tokens to make their company more successful at the beginning.
copper member
Activity: 798
Merit: 3
April 03, 2019, 02:29:17 AM
Yes, a product is very important for any project longevity. It is not mandatory that the product should be in physical form but for the service providing also we can sat that service is the product for that company project. It is the product for which the project evolved and the company will exist in the long term. So, before investing in any ICOs or the any asset and the crypto you should first evaluate the product behind the project. If the product not exist then the project also will not see.
member
Activity: 896
Merit: 10
April 03, 2019, 12:26:27 AM
To me it is extremely important to see a promising product from the ICO i can't be buying blindly when ICO does not even have a good product to attract the investors in another word it is like throwing my money into the sea.
member
Activity: 546
Merit: 10
April 02, 2019, 11:14:16 PM
Yes product is important for the project because i think the product is base of any company and this show the reputation of the company and the people are always faith in the product base company because the money is return to the customer in form of product.
sr. member
Activity: 854
Merit: 250
April 02, 2019, 08:43:59 PM
This is the goal of the project. This is his result, which must be understood and accepted. If the project does not yet have a product, then this is also not very scary, because everything will turn out in the future.
Projeck will usually be very determined to be able to walk or not if indeed their product can be accepted by the community because it is the community who will also use the product or profit with the projeck.
full member
Activity: 946
Merit: 105
April 02, 2019, 08:01:52 PM
There are two types of businesses. They either deals with product or they deal with services. A middle man in a product chain too can be considered as service sector.
And for any business to be profitable, they should be able to sell their product and services with a profit margin and compensating the operation cost.
So, yes. A project needs product or service to start with.
sr. member
Activity: 1680
Merit: 263
April 02, 2019, 07:59:35 PM
If you see the concept they provide is a very good product for project development, but we are investors, of course what we need is the development of the price of the coins they provide because so far almost all projects have good products but the price is very bad.
member
Activity: 255
Merit: 12
April 02, 2019, 07:57:32 PM
Products of crypto projects basically define the expected outcome of the project. It tells you as an investor the future of the project and how the project is going to use its product to bridge the gap identified by the project team members. The product usually determines the outcome of the project's ICO .
full member
Activity: 1470
Merit: 105
👉bit.ly/3QXp3oh |🔥Launchpad on TON
April 02, 2019, 07:33:27 PM
in my opinion of course product is very important for a project, because if the project already has a product, then it will be able to provide benefits to the project, that is :
1. investors trust the project and will invest in the project
2. the price of coins from the project can increase very high, if the product of the project is very good for the future and according to the plan
member
Activity: 194
Merit: 10
April 02, 2019, 07:21:19 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

I believe that the finished and working product is interesting for investors. However, the question arises: why should developers collect investments if they already have a work product that can be profitable?
jr. member
Activity: 350
Merit: 1
April 02, 2019, 12:43:27 PM
Of course product is important , especially I think in this time , when from project much depends , I think if product a good the now he can withdraw on ieo a good exchanges
sr. member
Activity: 1652
Merit: 262
SOL.BIOKRIPT.COM
April 02, 2019, 12:31:25 PM
important because it will be the determinant at the end of ICO, if the product is good, then the possibility of buying back will be even greater. if the product is considered less good in the market, then the possibility of repurchasing is very small, and it can make ico die.
member
Activity: 117
Merit: 10
April 02, 2019, 11:40:27 AM
Yes, of course if the project has a good kind of products the investors will surely invest to it and they will make it useful in the future. Nowadays marketing is still very important in crypto, probably more than even a working product.
full member
Activity: 421
Merit: 101
April 02, 2019, 11:26:57 AM
Yes because investors base the development of the project with their product, the overview of the product is what the investors can tell how the project's outcome in the future will be.
member
Activity: 451
Merit: 15
Investor
April 02, 2019, 11:16:32 AM
Yes. There are 4 key metrics for good and successful ICO. The product is the first standard you always need to check before investing in an ICO. It’s good if they have a working product already but it’s also okay if they have just a vision written down in an excellent whitepaper, but you need to make sure that it makes sense for it to run in the blockchain / in a decentralized way. The other factors are the team, their metrics, and their marketing strategy. All these considered, guaranteed an ICO will be deemed successful in the future, like Bitrus and Files.FM.
I do believe that the product is the foundation of the project without it the whole project will fall under scam and fraud category on investor's view. I don't know if its just me, I am having hard time looking for a good ICO these days.
Product is the key to success on all blockchain projects, however, some ICO is not really into making innovations but rather running things for money. Try to also research about my recent studied ICO which is the Bitrus and Files.FM, you can look for them on ico rating sites.
Seems like both of them are very interesting project, would definitely check and research on it now.
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