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Topic: Is product important for a project? - page 21. (Read 225016 times)

sr. member
Activity: 1414
Merit: 255
March 20, 2019, 12:59:33 PM
of course, because with real or ready-to-use products can bring ico to success because investors will prefer investment in something tangible. there are lots of ico out there which only have a concept without having a product after ico is finished
member
Activity: 406
Merit: 10
March 20, 2019, 12:48:02 PM
I think the product is the most important part of any project. It seems to me that only those projects that have a claimed product will be successful.
legendary
Activity: 2058
Merit: 1166
March 20, 2019, 12:44:08 PM
Product matters, what you are offering is essential in business. Having a quality is real boost to a business. Though products varies; what is a product? 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.
What you are offering matters in business.



A product is something you can sell. Only in very rare situations can you sell an idea without having a plan to execute it. An idea is worthless.
full member
Activity: 532
Merit: 101
March 19, 2019, 11:58:41 PM
The question about the product for the ICO is somehow naive. We are in the investment market, so we look and invest in the final product, the real one. This is the shortsightedness of investors who went only on promises and gave rise to many empty projects. You need to learn and carefully select what you think will be in demand.
sr. member
Activity: 1428
Merit: 252
March 19, 2019, 10:41:24 PM
Yes of course because if a certain project has a working project we know that they are experienced and serious on making this product better and continue the development in long-term period of time. If a project has a working product and they conducted an ICO they are likely to succeed.

Yes right, this is to ensure that the project can last for the long term, if there are no products, investors are worried because of the devs. can run (scam) at any time.
member
Activity: 882
Merit: 13
March 19, 2019, 10:01:13 PM
Yes of course because if a certain project has a working project we know that they are experienced and serious on making this product better and continue the development in long-term period of time. If a project has a working product and they conducted an ICO they are likely to succeed.
hero member
Activity: 2702
Merit: 510
Leading Crypto Sports Betting & Casino Platform
March 19, 2019, 09:42:21 PM
One of the most obvious way of distinguishing scam ICO's project from legit ones is by the existing product or service. A working product reaffirms the investors that the project is on a mission to accomplish greater growth which would translate into greater returns in the near future.
because if a project has a strange or unreasonable product or service, then the project might be deceptive.
and even though the product is not the only determinant of the fate of the project but the product has a major influence on the future of a project.
The unreasonable product will result in the product will not be adopted by an ordinary person and then that will not get demand and can generate profit to be used for the future development process. The company needs more and more funds to keep it alive.
jr. member
Activity: 616
Merit: 2
March 19, 2019, 07:20:31 PM
Product matters, what you are offering is essential in business. Having a quality is real boost to a business. Though products varies; what is a product? 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.
What you are offering matters in business.

full member
Activity: 546
Merit: 100
March 19, 2019, 02:35:08 PM
One of the most obvious way of distinguishing scam ICO's project from legit ones is by the existing product or service. A working product reaffirms the investors that the project is on a mission to accomplish greater growth which would translate into greater returns in the near future.
because if a project has a strange or unreasonable product or service, then the project might be deceptive.
and even though the product is not the only determinant of the fate of the project but the product has a major influence on the future of a project.
copper member
Activity: 336
Merit: 3
March 19, 2019, 02:22:48 PM
One of the most obvious way of distinguishing scam ICO's project from legit ones is by the existing product or service. A working product reaffirms the investors that the project is on a mission to accomplish greater growth which would translate into greater returns in the near future.
full member
Activity: 420
Merit: 100
March 19, 2019, 02:21:34 PM
Experienced investors avoid such projects that do not have a product because they understand that the price of such an investment is zero! Everyone invests in a working project that has a future
copper member
Activity: 84
Merit: 0
March 19, 2019, 01:30:18 PM
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.

Definitely agree. I think the pump and dumps of the past have shown us we NEED to see some proof of concept or work before investing.  I think if we spend the time to really research the project, there are some hidden gems out there really trying to make a difference!
full member
Activity: 602
Merit: 101
March 19, 2019, 01:00:57 PM
The question itself is very strange, because the recommendation will be very positive. Today the product is a very important component of any project. If they were able to realize their product, this indicates the responsibility of the project itself.
sr. member
Activity: 644
Merit: 250
March 19, 2019, 12:34:28 PM
Working products is a major factor that helps icos to stand today. Many investors watch out for it before investing. Even some bounty hunters I know research about it before diving in to start campaigning.. So yes, it's very important for an ICO to have a working product. Having a working product will even reduce the rate of scam, and attract good investors that will confidently invest. I wish to see alot of icos with working products.
Of course, people are willing to invest in working products and promote the whole company. I myself very much analyze the products that the company offers.
copper member
Activity: 476
Merit: 4
March 19, 2019, 12:25:42 PM
Working products is a major factor that helps icos to stand today. Many investors watch out for it before investing. Even some bounty hunters I know research about it before diving in to start campaigning.. So yes, it's very important for an ICO to have a working product. Having a working product will even reduce the rate of scam, and attract good investors that will confidently invest. I wish to see alot of icos with working products.
copper member
Activity: 1190
Merit: 3
March 19, 2019, 12:23:00 PM
It's very less often that projects have their product ready before ICO.
Most of the projects need funding just to build and develop their products. So, depending on the funds raised, we can see the actual development.
What such projects do to have at least a MVP ready i.e. minimum viable product , which can build the confidence in investors to some extent.
As you mentioned, development of complete product will definitely attract more investors and this is beneficial to both to investors and to projects to have a steady growth.
hero member
Activity: 1708
Merit: 651
SmartFi - EARN, LEND & TRADE
March 19, 2019, 12:15:47 PM
Of course available products are an important factor to evaluate a project. 1 active product will help the project gain more trust from investors.

It is important not only that the product is active, it is important that it be in demand among people, this is the first thing that will provide products with a high place among competitors. Few popular products are usually unprofitable.
full member
Activity: 1260
Merit: 102
March 19, 2019, 12:03:42 PM
Actually any project with a product is much more secure than a project without any product. A product based project has a utility of its own so the need to buy the token never disappears and with that the token/coin remains in circulation.
jr. member
Activity: 196
Merit: 1
March 19, 2019, 11:57:27 AM
The finished product is very important for the company. It seems to me that many companies are created to create their own products
legendary
Activity: 2058
Merit: 1166
March 19, 2019, 11:27:57 AM
Yes obviously, a product is important for a project. What is the end result of the project, like that. If the product is good, it will makes the token/coin value of the project increase. What kind of project that don't have a product btw?

If a product is good you can take the next step and intelligently place it in public to make sales. You can also go through testing phases to see how the response from potential customers is.
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