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Topic: Is product important for a project? - page 71. (Read 225007 times)

jr. member
Activity: 98
Merit: 1
August 14, 2018, 09:27:10 AM
I think there are many important things in the project, of course, because a project that requires full support in the original company, even when the product is produced.
newbie
Activity: 18
Merit: 0
August 14, 2018, 04:29:49 AM
Products are the basis for judging a blockchain project. There are many projects in the current encryption market that have no actual products. These projects should be eliminated.
newbie
Activity: 140
Merit: 0
August 14, 2018, 04:26:36 AM
Having a good working product is definitely important, for one it brings more trust towards the project itself. Members will feel more comfortable with investing in a project that has an physical product. If a working product is not available, then a prototype or a demo is needed that will show how the actual product will work.

Absolutely, good products will attract investors right away. The success of the projects always depends on how good the product is and how beneficial to the users. Specially if the product is really working in the line with the packaging to the actual usage.
member
Activity: 238
Merit: 10
August 14, 2018, 04:16:02 AM
Having a good product is the key to success. Also the more unique the product, the more attentin it will draw. The functionality of the product is also a big factor when it comes to investors.
full member
Activity: 518
Merit: 100
August 14, 2018, 04:12:41 AM
The availability of the finished product is an important criterion for the project's prospects and the seriousness of the intentions of the organizers of the ICO. The project team must be trusted by investors and this trust must be supported by experience or the availability of the finished product.


Of course such a project will have more confidence and investors will invest more money. But there are also a lot of good ideas that do not have enough money to develop a product and therefore they go to the ICO.
newbie
Activity: 168
Merit: 0
August 14, 2018, 02:28:02 AM
Now investing in ICO is very risky.  And investing in a company without a product is a very big risk.  And I do not advise you to do this.
newbie
Activity: 154
Merit: 0
August 13, 2018, 05:59:37 PM
The product is very important, but as we could see in past, even projects with no real products gained really great hype and mooned. Marketing is very powerful in crypto and many teams have actually great products, but they don't pay attention to marketing and nobody knows them and nobody buys their tokens. So I'd say having a good product with a great marketing strategy is the ultimate combination to success.
sr. member
Activity: 1092
Merit: 269
August 13, 2018, 05:56:21 PM
the product is very important because the product is an identity for a project. so kitq has a high level of knowledge that must run this project.
full member
Activity: 434
Merit: 101
August 13, 2018, 05:50:59 PM
IMO, product is very important for a project because it is just a proof how good a project is as well as the team. A good working product can also attract investors to invest in because it can make them feel secure with the money that they invest.
full member
Activity: 314
Merit: 101
August 13, 2018, 05:41:20 PM
Product is very important for an ICO project looking to raise funds from the public, products shows the team are ready and knows what they are doing. For me I don't like projects that have their project in a white paper, So product is really important.
jr. member
Activity: 378
Merit: 1
August 13, 2018, 05:28:52 PM
The product of a project, either completed or under developmental stage, will determine how long the project will go.. It will go a long way to predict what would happen in future.
newbie
Activity: 80
Merit: 0
August 13, 2018, 01:54:23 PM
Is item imperative for an undertaking ? The response to this inquiry is just yes . Since in crypto what you are offering is the way to go and the thought is simply the item, so the item is the concentration point for putting resources into any project.That is the reason great and experience financial specialist concentrate their exploration on the reason and convenience of the undertaking before submitting their cash on a crypto.
full member
Activity: 518
Merit: 100
August 13, 2018, 07:35:36 AM
yes it is, without it, how can you possibly convince the investors to invest on a certain ICO if you dont have  anything in return that can be useful after they put their money on you.

In fact, many projects, not only in crypto, find investors not yet having a ready product, because without investments, they will never be able to create the final product and will only give their plans for the future.
Yes, many of icos don't have any products, they just put forward a idea and then start ico, even if their ico successfully implements hardcap, but they don't really want to develop any products, they just earn ico Money, this is a bad trend.
In this case, the availability of the finished product from the project can only serve as an additional guarantee, but not necessarily lead to success.
newbie
Activity: 76
Merit: 0
August 13, 2018, 06:43:27 AM
Definitely the product is very important for the project.After all, every investor in the first place looks not at the name of the project and not on their website and the product that they promote.This is the most important thing in any project is a product which they advance!
jr. member
Activity: 448
Merit: 1
August 13, 2018, 06:38:08 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.

I think a ready-made product or a minimum viable product (MVP) is one of the most important indicators of a project team readiness for further work on the project and achievement of their goals
newbie
Activity: 102
Merit: 0
August 13, 2018, 06:27:06 AM
yes it is, without it, how can you possibly convince the investors to invest on a certain ICO if you dont have  anything in return that can be useful after they put their money on you.

In fact, many projects, not only in crypto, find investors not yet having a ready product, because without investments, they will never be able to create the final product and will only give their plans for the future.
Yes, many of icos don't have any products, they just put forward a idea and then start ico, even if their ico successfully implements hardcap, but they don't really want to develop any products, they just earn ico Money, this is a bad trend.
full member
Activity: 518
Merit: 100
August 13, 2018, 05:53:09 AM
yes it is, without it, how can you possibly convince the investors to invest on a certain ICO if you dont have  anything in return that can be useful after they put their money on you.

In fact, many projects, not only in crypto, find investors not yet having a ready product, because without investments, they will never be able to create the final product and will only give their plans for the future.
newbie
Activity: 48
Merit: 0
August 13, 2018, 02:04:07 AM
The availability of the finished product is an important criterion for the project's prospects and the seriousness of the intentions of the organizers of the ICO. The project team must be trusted by investors and this trust must be supported by experience or the availability of the finished product.
newbie
Activity: 56
Merit: 0
August 13, 2018, 02:03:42 AM
Yes, absolutely. Especially in this market.

The PlayChip is a token that will be integrated directly into an existing online gaming ecosystem of seven fully functional platforms. With an existing user base of over 900,000 there will be significant demand for the PlayChip following it's inception, one that cannot be said for a number of ICOs right now.

While there are a huge number of excellent visions in some current ICOs, the reality is that most will fail without a solid business and existing fiat revenue streams behind them, such is the reality of our world. Before complete crypto adoption is achieved there will need to be a harmony between fiat and crypto payment systems. It is likely that businesses with existing fiat infrastructure will be best placed to thrive in this transition period, and help it grow.

More info at www.playchip.global
sr. member
Activity: 454
Merit: 250
August 13, 2018, 01:17:20 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
Having a good work product is very important for the ICO, because it brings more trust in the ICO project itself, because investors can see that this startup has enough experience and skills to make this product better, and that increases investor confidence. And such projects are always more reliable.
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