Is product important for a project? - page 8.

lovesybitz

sr. member

Activity: 868

Merit: 289

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 it is very important to have a goods in every project dude. It will be questionable for the investors if they don't have any products that will attract their investors. But once they've find out that the goods has a future they will grab and support it for sure in the end. That's there is a crowdfunding project campaign happening.

Argoo

sr. member

Activity: 2352

Merit: 245

Now, when the level of fraud among ICO projects is catastrophically high, of course, the most realistic sign of the viability of such projects is that they have a finished product. For this, ICO teams should not rush into fundraising, but must first prove the reality and seriousness of their intentions.
If the states continue to delay the regulation of this type of activity, the presence of a real product will be the main evidence that this will not be a fraudulent project.

killat

member

Activity: 742

Merit: 21

Be the reason someone smiles today

Product/service/platform is the most important part of a project.

Without having a real product or answering to a basic need, anything else is just pure speculation.

laredo7mm

hero member

Activity: 1498

Merit: 537

The important point of the product is indeed needed by the community or can complete the main thing that exists today. not too far in innovating because adjustments also need time but these two points are the most important things to be noticed by the developers of projeck.

Tsubachuchu

member

Activity: 316

Merit: 10

Project`s product offering is very important as it is the way to attract investors with it, A good product with good growth and can improve has the potential and likely to do well in the crypto market because they attracting Good and reliable investors.

Firunner

newbie

Activity: 61

Merit: 0

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shiming

full member

Activity: 798

Merit: 101

A project has his white paper, and I think when he finishes his white paper, there will definitely be products coming out, such as mobile wallets, wallet optimization, and so on. We can see the team's ability to do things from his products. The value is not worth keeping up with.

nik009

hero member

Activity: 1542

Merit: 545

Quote from: raetoken on April 24, 2019, 10:41:20 AM

An idea isn't worth a lot. Showing that you have a functioning product demonstrates commitment.

Everything is quite simple: when a team follows a roadmap, the project has the opportunity to survive. No product = a dead project.

pinoy.bolanon

member

Activity: 350

Merit: 10

"In CryptoEnergy we trust"

Quote from: pey on March 07, 2018, 07:59:12 AM

It is absolutely important, because tokens people bought are usually designed to be used in product, so how you invest without seeing any product.

That is correct, product is more important than the token hypes, because this is the basis where the investors decide on, this is the basis where the community will decide if its a good project or not, usable or not and all the others.

mdenys

full member

Activity: 560

Merit: 100

Lots of CEOs of different projects during their token sales are promising to release a great widely-demanded project ,unfortunately some of them just want your money, and they don't care much about product.That's why I am investing not in just promises and prototypes but in projects with working product.

monalia

member

Activity: 685

Merit: 14

Quote from: andika2018 on April 24, 2019, 08:04:07 PM

Quote from: adekogbe on April 24, 2019, 06:26:00 PM

Products is in fact the most important part of any cryptocurrency project. this is because without the product everything about the project is just virtual and virtual projects have it definitely expiring time but you projects that provide real-life value to real life activities of people will always be evergreen and can always evolve into something bigger.

So I think the product is the most important part the cryptocurrency and ICO project should focus on and also as an investors, you should look for product before making decision to invest your money.

Most developers team when doing ICOs promising the product on their whitepaper and usability. With product, company earn profits and i think most investment need profits. Most token in market are utility token and it should use in product application

They promising for the product with the great features but fact are they coming with the product after the token sale done? No right then why should we need to go with the ICO without product.
At least initially they need to show what they can do in the beta mode and testnet itself.
You said marketplace utility right! that should be clearly explained and need to show in real world.

renault18turbo

hero member

Activity: 1218

Merit: 500

I have never made a decision searching just for the product before. But in recent months I noticed that this is one of the main factors of investment

andika2018

member

Activity: 700

Merit: 10

Quote from: adekogbe on April 24, 2019, 06:26:00 PM

Products is in fact the most important part of any cryptocurrency project. this is because without the product everything about the project is just virtual and virtual projects have it definitely expiring time but you projects that provide real-life value to real life activities of people will always be evergreen and can always evolve into something bigger.

So I think the product is the most important part the cryptocurrency and ICO project should focus on and also as an investors, you should look for product before making decision to invest your money.

Most developers team when doing ICOs promising the product on their whitepaper and usability. With product, company earn profits and i think most investment need profits. Most token in market are utility token and it should use in product application

adekogbe

member

Activity: 854

Merit: 21

Products is in fact the most important part of any cryptocurrency project. this is because without the product everything about the project is just virtual and virtual projects have it definitely expiring time but you projects that provide real-life value to real life activities of people will always be evergreen and can always evolve into something bigger.

So I think the product is the most important part the cryptocurrency and ICO project should focus on and also as an investors, you should look for product before making decision to invest your money.

rarkenin

hero member

Activity: 784

Merit: 500

Quote from: okala on April 22, 2019, 02:24:20 PM

Yes of cause ICO projects with a working products always do well in the market because there is already an existing ecosystem for the coin to thrive on. What make a coin ever relevant in the market is it working product and adoption buy it users.

ICOs made huge amounts of cash on the HYPE driven markets. Projects that have working products deserve this but the useless projects don't agree with this opinion.

SlickMoTwoToe

full member

Activity: 438

Merit: 100

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

It was very important that you already have a product if you are going to run an ICO it was the number one that the investor would take a look before they invest their money, they will see if this are needed on our society and what would be the outcome after it was implemented so better choose a good platform before you invest.

minersday

hero member

Activity: 1484

Merit: 535

Products of crypto projects define the purpose and mission of the project to the crypto ecosystem and the world in general. Crypto projects with no working products are just in the crypto space either to scam investors off their money or just to introduce shitcoins with no purpose to the crypto ecosystem. Bitcoin introduced blockchain technology and Ethereum also introduced a smart contract platform that eliminated the third party system used in making transactions.

spydee1522

member

Activity: 378

Merit: 10

At first, i considered only research and hard work alone as an investor into ICO's but later found out this great tool called product. Product is core for the success of many projects. Indeed, product is very important for a project.

Alpinat

sr. member

Activity: 840

Merit: 252

Quote from: okala on April 22, 2019, 02:24:20 PM

Yes of cause ICO projects with a working products always do well in the market because there is already an existing ecosystem for the coin to thrive on. What make a coin ever relevant in the market is it working product and adoption buy it users.

Yes but wait. Some of them are not creating their products they are just creating their crowdsale for the sake of listing it on the market immediately and it will just result of not being a success. So better to choose projects with actual product cause it might save them when the crisis on the market comes.

GREENch

full member

Activity: 1400

Merit: 103

For me, the presence of MVP (minimum viable product) is an occasion to carefully study the project (even if at first it seemed so attractive to me).

Topic: Is product important for a project? - page 8. (Read 225011 times)