Is product important for a project? - page 49.

Kurokyy

full member

Activity: 448

Merit: 100

LETS GO ADAB

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

Yes product is very important more than project because people will only invest or buy your product if it was worthy of their money plus they also need an assurance that they will be getting benefits from your product.

iram3130

legendary

Activity: 1512

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ITSMYNE 🚀 Talk NFTs, Trade NFTs 🚀

Both are important. Taking your own example, where is Kickcity now.? They are in the "developing" phase for nearly 2 years now and still nothing practical has come out from them. Its hard to manage both project and product but to be successful you need both.

Iyanu14

member

Activity: 795

Merit: 10

From research i made, product is irrelevant without good marketing, cryptocurrency care more about news, a project with no product is valued than some project with product with no marketing, that is market sentiment for you.

Mr. Legendaris

sr. member

Activity: 468

Merit: 250

Quote from: boolog on September 25, 2018, 04:05:40 AM

A good product is certainly important for an ico, but not every ico has it. Nevertheless, the ico can be successful, even without a finished product.

A clear and promising ICO certainly has a product, the presence of a product becomes tangible proof that the project is real, for example is Pundi X, because it has a clear product that makes Pundi X tokens more popular.

Triss Merigold

member

Activity: 294

Merit: 12

The Future of Security Tokens

If you issue another coin that is assigned to a certain territory or simply will be located in the POV Mining, for the sake of a waste of electricity - this is a bad commodity. And coins that can be exchanged for education, services, medicine or used to protect copyright - will be very useful for people. Of course the final product matters.

fabchamp96

newbie

Activity: 26

Merit: 0

Quote from: ngocdhbk2 on September 25, 2018, 03:49:09 AM

Product is the lifeblood of the project. Good products or good coin will appeal to investors. As well as helping the project have many options. Bad coins will be eliminated

That has started to happen this year, and hopefully will continue. Markets are maturing, and now is the time to squash shitcoin into oblivion. If you dont have a solid project, then you're not worth the time of day for anyone. Shitcoins is one of the reasons crypto have a bad rep

Boctok

member

Activity: 378

Merit: 10

You are talking about the finished product....for example, If you think about the BTC, it's just figures on my balance sheet. And I trust that. Why talk about the finished product and investments in it?

fempat

member

Activity: 331

Merit: 13

I'm always careful to check whether there is an MVP. It usually shows that the team is serious about they'd project. I'm more inclined to give audience to such projects rather than great project ideas that only exist on paper.

Bambam28

full member

Activity: 378

Merit: 100

The product is the most important thing when choosing a project for investment. I am sure that only those projects that have a demanded product will survive. In such projects it is not terrible to invest.

I Like Bitcoin

copper member

Activity: 448

Merit: 14

Of course, having a finished product is a big plus. When the investor sees that the team is not just planning to do something, but has already made a finished product, is happy to invest its money.

Dyanggok

member

Activity: 280

Merit: 60

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

Just think if you will avail this product or service via consumer perspective. If you don't had any idea about the industry market then research is important.

cotabarmot

jr. member

Activity: 41

Merit: 1

Well, what kind of person will buy a thing that does not carry any functions. in all areas, first of all, the product is important. Even if there is an idea, it will not go far.

StatesManG

copper member

Activity: 462

Merit: 10

A product is of course important for every project, if not the project hardly survives. i dont invest on any project without a product

sinkfish

jr. member

Activity: 252

Merit: 1

that is the most important part. without working product, it will render the crypto useless.

Masha Me1

member

Activity: 182

Merit: 10

I think this is not even discussed. The product is the result of the team and project work. I think the product is part of the project. Therefore, it has significance. As well as any attached tool.

boolog

copper member

Activity: 196

Merit: 0

A good product is certainly important for an ico, but not every ico has it. Nevertheless, the ico can be successful, even without a finished product.

Dianaarrah

newbie

Activity: 125

Merit: 0

I would say they should have a working product not just a copy-cat code from other project. Grin

Uniqueness is the best and if they have more features, stable network and working wallet.. I think this is the one that they need to have.

ngocdhbk2

full member

Activity: 404

Merit: 100

Product is the lifeblood of the project. Good products or good coin will appeal to investors. As well as helping the project have many options. Bad coins will be eliminated

Omela44

copper member

Activity: 266

Merit: 0

An ico with a working product certainly gives you more confidence than an ico without. I personally have more confidence in an ico with a finished product. But unfortunately that is not always the case and you have to trust that after the ico a product will be delivered.

Kawasakigp

newbie

Activity: 111

Merit: 0

Of course for product launches very important. It says that team worked hard before ICO even without investor money. Product+ marketing are key factors of sucess not only in crypto but also in any sphere. When you estimate ICO or coin, don't hesitate estimating all features of product and if it is really on demand.

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