Is product important for a project? - page 24.

mv1986

legendary

Activity: 2058

Merit: 1166

Quote from: Barbut on March 13, 2019, 12:31:53 PM

Quote from: mv1986 on March 13, 2019, 12:01:57 PM

Quote from: bakermaker123 on March 12, 2019, 07:47:30 AM

Quote from: btc_love on March 07, 2018, 07:15:53 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.

JohnMacZeppelin

full member

Activity: 602

Merit: 101

The product has always had real benefits over other projects that do not have a product. Many investors will definitely choose projects that already have normal products. They really could successfully make a profit. This, of course, is understandable.

ivaf

full member

Activity: 980

Merit: 109

Of course, the product is very important. The presence of the finished product (or its working prototype) repeatedly increases the chances of a startup for successful development (attracting investments, recruiting a team, etc.).

Baimovic

full member

Activity: 1210

Merit: 100

Quote from: jaywizzy on March 15, 2019, 03:13:43 PM

Product is more important to investors because most of them believe that when a project has a product the chance of the project to succeed is higher than project that has nothing show.

very important and in my opinion it is the most important thing for the project because from my personal experience when choosing a project I always consider the product first.
if the product is reasonable and is indeed good enough, I will continue to examine other parts.
because if the product looks very unnatural, it is confirmed if the project is garbage.

Xalata

member

Activity: 266

Merit: 10

Having a working product for an ICO is very important because this actually helps to increase the value of the cryptocurrency of that ICO. I would actually love to invest into ICOs that have an already working product because i think the team members are very serious in coming up with good use case other than investing into ICOs that have only ideas in whitepapers.

Averim

member

Activity: 515

Merit: 12

Quote from: btc_love on March 07, 2018, 07:15:53 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

Product reflects the perspectives of the future regarding the project. I like to know/see in what i am going to invest so the product is very important to the project.

jaywizzy

jr. member

Activity: 510

Merit: 2

Product is more important to investors because most of them believe that when a project has a product the chance of the project to succeed is higher than project that has nothing show.

Correlll

member

Activity: 310

Merit: 10

I think that product is one of the core parts of the whole ICO. You can have a great whitepaper, team members, big communities, and a lot of money but all of this does not bring you something if you do not have a functioning product.

masbimz

member

Activity: 151

Merit: 10

If in my opinion the product is very for the project that we have followed, ICO has the superiority compared to the others yet, and success depends on the team that manages and develops their project further, and the project project needed by the altcoin of the project the project

Petchant

jr. member

Activity: 172

Merit: 1

Yes, a well developed product is good for an ICO project in many ways. First it will show a glimpse of what to expect from the team in continuation of the platform stages of development and secondly it provides instant utilities for the token which makes the determination of its value goes beyond speculative trading which is the current bane of the industry

boazsalosa

full member

Activity: 336

Merit: 100

The product is the most important where and where it can be integrated with the concept, starting ico must also have a goal to develop the product.

nerlial

member

Activity: 546

Merit: 10

The product is an important part if the team expects to be long in the market. And if the team does everything to get fast growth in the short term, then the product is not so important.

ovcijisir

sr. member

Activity: 1491

Merit: 320

🐪

Quote from: Ayiranorea on March 14, 2019, 01:40:29 PM

Quote from: cryptowolfsu on March 13, 2019, 06:40:21 PM

Year of 2017 was more about speculation in Crypto but 2018/2019 is more about utility. On the bearish market projects
without working products and a real use case cannot count that the market will reward them.

Agreed, the present market is more about the utility. Earlier as the market is speculative the impact made through speculations created a big growth in the market even if there isn't any use case. Now in this bear market more projects keep striking the market, but the one with the utility stays strong in the market.

Working product AND some kind of income that doesn't depend on investors is a must in my opinion.

Pitching project and working with investors money in not stable of income. That is example of bad project - when the project runs of the money then it either fails or needs another charge of investors money.

The project should be built from the ground up.

yingfeng

sr. member

Activity: 910

Merit: 263

Yes. The product for the project is very important. I do not invest my money in projects that do not have alpha and beta versions of their products.

renault18turbo

hero member

Activity: 1218

Merit: 500

Definitely! One of the best factors to consider the project worth of investing is if it has a product or a demo.

nangiarushali

copper member

Activity: 257

Merit: 2

Yes, product has a major role for the success of the project. It is only the product that attracts the participants for your project. If you introduce a good product for your participants, undoubtedly, your project is going to be a great success.

triangles

full member

Activity: 566

Merit: 107

yes because without the product in my opinion a project especially ico itself will never develop but does not guarantee, because if the projec offered is considered useless or already has a competitor who is quite difficult, surely the project can also fail

siupang2

full member

Activity: 560

Merit: 105

The most important is the product of the project, not the exchange, not the price. Because if the product is undone, the volume of the token will decrease because it's no use to get the token, but if the product is done the price will follow eventually but if the market is in bearish like this no guarantee the price will comes up

Ayiranorea

sr. member

Activity: 1246

Merit: 255

Leading Crypto Sports Betting & Casino Platform

Quote from: cryptowolfsu on March 13, 2019, 06:40:21 PM

Year of 2017 was more about speculation in Crypto but 2018/2019 is more about utility. On the bearish market projects
without working products and a real use case cannot count that the market will reward them.

Agreed, the present market is more about the utility. Earlier as the market is speculative the impact made through speculations created a big growth in the market even if there isn't any use case. Now in this bear market more projects keep striking the market, but the one with the utility stays strong in the market.

e@symode

full member

Activity: 616

Merit: 100

There are real qualities that a project should possess. I am sure that there is a very large list of real cases that a real project should have. The product is a necessity especially now. I am sure that the project today must have a product.

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