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Topic: Is product important for a project? - page 22. (Read 225005 times)

member
Activity: 784
Merit: 21
March 19, 2019, 03:48:43 AM
Every coins and tokens that have a working product backing them up will be successful on the long run because working products is what matters in crypto space now ,the usability of every tokens and coins is what makes the adoption rate increase ,for every coins and tokens that has no products will eventually die sooner or later
hero member
Activity: 1638
Merit: 505
March 19, 2019, 02:30:27 AM
Every ico certainly has a new product or innovation than it already is, so that's why there are so many projeck projects nowadays and also they are developing a lot to new things. by using blockchain technology behind it
copper member
Activity: 266
Merit: 0
March 19, 2019, 02:28:27 AM
Guys, how do you think, is a ready-made product important for ICO project?
It is not that important in my opinion,  but having it will have a big impact on the project. If the project has already hand made product,  they will just need to improve it and if they don't have product,  they need to make it. So it will be a more successful.
member
Activity: 117
Merit: 10
March 19, 2019, 02:22:44 AM
Product is very important, usually every investors nowadays look or ask for product first before investing, why? Project without project now is usually scam and most Ico last 2017 mostly has no projects, they got huge money but no returns in investors money, and this scenario brings down the ico market status.
member
Activity: 415
Merit: 10
Colletrix - Bridging the Physical and Virtual Worl
March 19, 2019, 01:39:30 AM
a product is very important for the netting of a project, so it is easier to advertise and tell consumers that the product is really good and knows its quality.
if there is no product, of course we will find it difficult to promote it to others so someone is not sure about the product.
legendary
Activity: 3038
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
March 19, 2019, 01:19:46 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
I believe that a product is important for a project because if the people see that there is a result or product present in the project, it will give effect to them that the team is working hard to attain its goal and it is an advantage for those kind of firms.

The product is only important? You can't even do anything if you don't have a product.
You misunderstood the point. Is it important for ICO to start with finished product or without finished product, like it`s in developing mode? With finished product it`s easier, you already have something to offer, without finished product you can only offer idea of some product, that can turn to be great or not. I`m investor and from that investors side, investing in finished products cost more than investing in idea. With same amount of money you can make more money on idea if it succeed, with idea you can be one of the first investors, with finished you are far from first.

This is your interpretation of the question, but it's ok I get your point. Still I am saying that you should have something that convinces people to finance your endeavors. It can be an idea, but in the best case scenario it is a product.
Product will determine the future of the platforms itself, the platform can earn revenue and continue the development from the product that is used by its customers. The product is a really important thing and it's the main key to make the platform will survive.

The platform itself can be the product if you take Bitcoin as an example. Still I would like to get an explanation what a project without a product is.
Bitcoin is a different kind, the main purpose of bitcoin to be used as a payment system, store our value and many more. these can be considered as utility usage for bitcoin. Product is working to create revenue for the company.
sr. member
Activity: 1050
Merit: 254
March 19, 2019, 01:14:53 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?
full member
Activity: 700
Merit: 100
Proof-of-Stake Blockchain Network
March 19, 2019, 01:14:06 AM
Such as ico project important thing to buy those investors on your tokens is how will run your ico project in the whole world and how it helps and profitable for those who bought tokens.
member
Activity: 532
Merit: 17
March 19, 2019, 01:08:36 AM
Some peoples are interested to investing on a project that already have MVP (Minimum viable product).
It is to ensure they will get their profit later if the products being used by other peoples.
So, it is important for some peoples, for other peoples it is not mandatory.
hero member
Activity: 1064
Merit: 500
MOBU
March 18, 2019, 05:19:36 PM
Of course, it’s important, because just ideas or dreams that some people want to realize are in words, and in fact the following happens: The project develops, develops, but in the end the product cannot be released and the project closes, it seems to me that it only makes sense in those projects that were original with the product.
full member
Activity: 486
Merit: 100
March 18, 2019, 03:33:56 PM
It is fair to say that the product must be understandable, interesting, meaningful and to some extent necessary in real market conditions. Also important is the positive experience and potential of the team in the past.
There must also be good financial and informational support. There must be a strong marketing team with a lot of experience.
full member
Activity: 518
Merit: 102
March 18, 2019, 02:48:08 PM
It is fair to say that the product must be understandable, interesting, meaningful and to some extent necessary in real market conditions. Also important is the positive experience and potential of the team in the past.
legendary
Activity: 2058
Merit: 1166
March 18, 2019, 07:01:15 AM
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.
In my view, I believe a product is very important for an ICO project, especially when the product looks very feasible. Although, sometimes the product that is attached to a particular project may not be feasible in the short term. Hence without a product, I don't see how people would appreciate a particular project.

A product doesn't have to look feasible (unless you are into the fashion business). It has to bring value to the users and solve a problem for them. That makes a good product.
jr. member
Activity: 368
Merit: 2
March 18, 2019, 06:07:45 AM
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.
In my view, I believe a product is very important for an ICO project, especially when the product looks very feasible. Although, sometimes the product that is attached to a particular project may not be feasible in the short term. Hence without a product, I don't see how people would appreciate a particular project.
sr. member
Activity: 619
Merit: 352
March 17, 2019, 04:18:34 PM
I fully agree with that statement. Investors will have much more confidence if they can try the product before investing their money. Even for me, trading coins on the exchange is important to see that the team has released the finished product.
member
Activity: 588
Merit: 10
Bounty Detective
March 17, 2019, 03:27:08 PM
Recently, the number of fraud in the cryptocurrency industry has increased significantly so that the presence of minimum viable product (MVP) should be a big plus for developers in the analysis of the projece.
sr. member
Activity: 638
Merit: 300
March 17, 2019, 03:26:34 PM
Yes, I agree that product is really important in a project because those who have already a product has a big chance to success. It is also an important factor for an investor to attract them when there is already a product.
sr. member
Activity: 966
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
March 17, 2019, 03:23:35 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
In my personal opinion, the product is an important thing in the ICO project because from there we can know what is being delivered by them and what their plans are going forward. And from these products we can give an opinion, whether the product will be very useful for the future, it certainly can attract investors to invest in it.
legendary
Activity: 2058
Merit: 1166
March 17, 2019, 01:54:07 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 a product is important for a project because if the people see that there is a result or product present in the project, it will give effect to them that the team is working hard to attain its goal and it is an advantage for those kind of firms.

The product is only important? You can't even do anything if you don't have a product.
You misunderstood the point. Is it important for ICO to start with finished product or without finished product, like it`s in developing mode? With finished product it`s easier, you already have something to offer, without finished product you can only offer idea of some product, that can turn to be great or not. I`m investor and from that investors side, investing in finished products cost more than investing in idea. With same amount of money you can make more money on idea if it succeed, with idea you can be one of the first investors, with finished you are far from first.

This is your interpretation of the question, but it's ok I get your point. Still I am saying that you should have something that convinces people to finance your endeavors. It can be an idea, but in the best case scenario it is a product.
Product will determine the future of the platforms itself, the platform can earn revenue and continue the development from the product that is used by its customers. The product is a really important thing and it's the main key to make the platform will survive.

The platform itself can be the product if you take Bitcoin as an example. Still I would like to get an explanation what a project without a product is.
full member
Activity: 532
Merit: 100
March 17, 2019, 01:25:18 PM
Yes, indeed product is important for a project coming to the crypto space. This is because, it will give investors the notion or confidence that the team will try their best not to let them down, that is, they will try their best to make their product more valuable in so doing making their project sustainable.
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