New project success - page 7. | Bitcointalksearch.org

Smitty Werben Man Jensen

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Quote from: AmoreJaz on May 06, 2022, 05:44:49 PM

Quote from: albon on May 06, 2022, 05:35:42 PM

Quote from: MrDave on May 03, 2022, 03:52:41 AM

Well, idk but I really wanna ask this question here, as we all are seeing lots of new alt crypto roaming around the crypto market. what are the factors needed for successful crypto projects, does anyone know?

There are many factors that make the new project succeed, including that this project has a team that has sufficient and previous experience in the field and the innovative idea of the token, and that they have the capital to develop the project and list the project token in the exchanges, and that the project has huge advertising and promotional campaigns to attract potential investors and that The token of the project has a use and value linked to the of the blockchain technology, and that the token community and social media sites have updates and Contests from time to time.

for me, first is the real motivation of the dev team towards the project. are they for real or not? what i mean is, do they have true intentions of developing the project or just here for quick gain? that question definitely can only be answered by the dev team themselves because they won't disclose that to the public. so once they contemplate themselves their actual intentions, then they should know what to do how to make their goals come to reality.

Sometimes indeed we find a lot of projects that don't last long and maybe it's because the team doesn't really develop the project,
it also seems likely that if the development team has the right intentions in developing the project,
The success or failure of a project depends on the team and several other factors too

Fatunad

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Quote from: albon on May 06, 2022, 05:35:42 PM

Quote from: MrDave on May 03, 2022, 03:52:41 AM

Well, idk but I really wanna ask this question here, as we all are seeing lots of new alt crypto roaming around the crypto market. what are the factors needed for successful crypto projects, does anyone know?

There are many factors that make the new project succeed, including that this project has a team that has sufficient and previous experience in the field and the innovative idea of the token, and that they have the capital to develop the project and list the project token in the exchanges, and that the project has huge advertising and promotional campaigns to attract potential investors and that The token of the project has a use and value linked to the of the blockchain technology, and that the token community and social media sites have updates and Contests from time to time.

Its all about utility and the capability of the team behind of such project although it isnt something that could really be guaranteed because it all matters with the demand on the community and we've
seen instances on which there are shit projects who have more value compared into those real and good projects in terms of utility but since the community do have some demand on it then
its not surprising that value is much more than on what we do expect.Spotting out these projects on initial phase is hard because we do mostly ignore since we know its shit.

AmoreJaz

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Quote from: albon on May 06, 2022, 05:35:42 PM

Quote from: MrDave on May 03, 2022, 03:52:41 AM

Well, idk but I really wanna ask this question here, as we all are seeing lots of new alt crypto roaming around the crypto market. what are the factors needed for successful crypto projects, does anyone know?

There are many factors that make the new project succeed, including that this project has a team that has sufficient and previous experience in the field and the innovative idea of the token, and that they have the capital to develop the project and list the project token in the exchanges, and that the project has huge advertising and promotional campaigns to attract potential investors and that The token of the project has a use and value linked to the of the blockchain technology, and that the token community and social media sites have updates and Contests from time to time.

for me, first is the real motivation of the dev team towards the project. are they for real or not? what i mean is, do they have true intentions of developing the project or just here for quick gain? that question definitely can only be answered by the dev team themselves because they won't disclose that to the public. so once they contemplate themselves their actual intentions, then they should know what to do how to make their goals come to reality.

albon

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Quote from: MrDave on May 03, 2022, 03:52:41 AM

Well, idk but I really wanna ask this question here, as we all are seeing lots of new alt crypto roaming around the crypto market. what are the factors needed for successful crypto projects, does anyone know?

There are many factors that make the new project succeed, including that this project has a team that has sufficient and previous experience in the field and the innovative idea of the token, and that they have the capital to develop the project and list the project token in the exchanges, and that the project has huge advertising and promotional campaigns to attract potential investors and that The token of the project has a use and value linked to the of the blockchain technology, and that the token community and social media sites have updates and Contests from time to time.

SistaFista

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I think there are few factors that can make the project success in crypto.
The first one is the project use case, what is the purpose of the coin/token, what is the real use case ?
Then the marketing strategy of the project. A good project should be known by big investors so they can raise enough funds to develop their project fast, this can be done through a proper marketing strategy.

Captain Corporate

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I am not entirely sure about the process at all, I mean you are saying that the road is driven and drawn and everyone "knows" what they should do. But at the end of the day there are many situations where new methods are found and that is why we end up with brand new coins who drive their own ways and sometimes it works, sometimes it doesn't work. So all in all we should be focusing on what we want to do and if we are doing it correctly then we could attract people to our project no matter what path we do. So this is why I believe that we should be just focusing on doing the right thing with our project, if its legit and worked hard on, then it would work out in the end.

savetheFORUM

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Quote from: TravelMug on May 04, 2022, 08:23:32 PM

I don't think there is a secret formula to become a successful project in crypto sphere. It is already written and the blue print is already there. Those projects that are successful have laid it down already for future projects. It's that the projects are not looking into that, instead they just introduce it to crypto sphere, with marketing and hype and that's it. New projects should study first those old projects like Ethereum, BNB or ADA or at least those in the top 10 and try to emulate them.

The crypto sphere is not the same as the food industry or cooking that you have to have a secret formula to become successful or for your food to taste good and people will come back on your restaurant but here in crypto all methods here are already exposed so almost everyone here can become successful as long as they are only willing and they can stick on the process but by the way, I am mostly talking about trading but for creating a new project, it works a little different because new projects can't just copy what the old projects have already laid off because they can be accused as plagiarizing and why will people invest on it when the concept already exists on older projects?

max6575

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cvasy

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Quote from: Ezravdb on May 06, 2022, 12:28:37 AM

That is what is still difficult to detect now because in the beginning all new projects always look better and also more interesting before all their products are released and listed in the market.
So what still needs to be done repeatedly on all new projects is research for those who want to join new projects in order to find out whether the project team is really working to develop the project seriously and consistently.

We have to check every news step by step for research needs because some projects indicated scam since listing on low reputation exchange, now many high APY% staking concept projects launch fair launch on pinksale and most surprising many investors invest in obscure projects because the influence of the hype of staking profits.

Jocuserious

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Quote from: 99Percent on May 04, 2022, 11:04:38 AM

I think a new project will be successful if it has a good team and is active in marketing and has a good formality or impact in an environment that attracts a lot of people and above all must have a good project idea and have a clear future

I think lot of money is spent on marketing for a new project but it is possible only through the best project. There are many new projects for those who do not want to do marketing because they want to fill their pocket. Also a kind of cheater so they change their status very quickly of get investors money.

Ezravdb

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Quote from: ardydyon on May 05, 2022, 11:11:56 PM

this time its so many new coin or token in crypto with interisting project. but not consistent for develop this project until sucsesfull.
so many new coin or token scam and rugpull after they get profit from people invest in this project. so I think it's consistent in developing a project that is really needed in developing this new project.
because many only take profits after their coins are released

That is what is still difficult to detect now because in the beginning all new projects always look better and also more interesting before all their products are released and listed in the market.
So what still needs to be done repeatedly on all new projects is research for those who want to join new projects in order to find out whether the project team is really working to develop the project seriously and consistently.

hashrateproducts

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Quote from: ardydyon on May 05, 2022, 11:11:56 PM

this time its so many new coin or token in crypto with interisting project. but not consistent for develop this project until sucsesfull.
so many new coin or token scam and rugpull after they get profit from people invest in this project. so I think it's consistent in developing a project that is really needed in developing this new project.
because many only take profits after their coins are released

Most Crypto projects are not always successful. Besides there are lots of scam in the space. People get scammed on a daily basis because try are desperate and they failed to know the basis of Crypto. Cryptocurrency is not a get rich quick scheme rather it's a thing that gives you cool wealth. Good projects brings Hugh profits while bad projects brings lesser profits or you can even lose your capital that you invested. So, for one to be able to know a scammed project and a good one, check the roadmap of the project, all project have their roadmap.

ardydyon

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this time its so many new coin or token in crypto with interisting project. but not consistent for develop this project until sucsesfull.
so many new coin or token scam and rugpull after they get profit from people invest in this project. so I think it's consistent in developing a project that is really needed in developing this new project.
because many only take profits after their coins are released

nurilham

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Quote from: MrDave on May 03, 2022, 03:52:41 AM

Well, idk but I really wanna ask this question here, as we all are seeing lots of new alt crypto roaming around the crypto market. what are the factors needed for successful crypto projects, does anyone know?

A successful crypto commonly will pass several elements that must be paid attention to especially the developers and teams. I mean, this involves many factors. they ar such as the concept of the project itself, the fundamentals, the exchange listings, the team professionally, the community, and also the money that they have to set any promotions and also list on topexchanges, and of cruose to develop the project itself.
But, this will also depend on how acceptance of the investors and traders for the coin or token in the market, see for the trading volume and its market cap.

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Quote from: Tony116 on May 05, 2022, 06:30:13 PM

Indeed, there is no single key factor that can determine the success of a project. Many projects on the market were appreciated by the community but also failed, many projects when launched did not receive much attention but were very successful afterwards.
All factors such as team, roadmap, product, advertising strategy... can only help us partly predict its future, but there is no guarantee it will be as successful as they announced.

You've got some point, mate.
It is really hard to determine from these new projects which one to succeed. in fact, they are good already in marketing strategy, market exposure, and social media promotions, and aside from that, they run bounty campaigns. They already have the things needed to gain attraction but yes, investors will don't just look at how they promise, they are very certain about how this project helps the market that could able to keep them alive and gain demand. If this has been missing, I doubt if they will survive.

Tony116

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Quote from: lobo13hf on May 04, 2022, 11:15:09 AM

I can't say which factor that will become the main key for the project to success. I have learned from the market if anything can happen. Sometime the project with solid product get less demand compared with the project that only offers promise to the investors. The investors in the cryptocurrency is actually unpredictable from here.
You must also see so many factors. I have tried invested in the well known project but the progress was stagnant but unpopular project was making a big surprise by listed on major exchange site

Indeed, there is no single key factor that can determine the success of a project. Many projects on the market were appreciated by the community but also failed, many projects when launched did not receive much attention but were very successful afterwards.
All factors such as team, roadmap, product, advertising strategy... can only help us partly predict its future, but there is no guarantee it will be as successful as they announced.

Lagduf

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just great project concept and also sustaining economic models, but at early phase it would require massive listing by rather famous and reputable exchanges.
you see the thing related with meme coins like shiba, doge, etc they gained massive gains and could still exists till today mainly because they are getting listed in big exchange like coinbase and binance
their volume because of that has increased significantly, although it can’t be denied that the meme coin trends also have a role in this but that trend couldn’t sustain for long if not for this massive listing in the famous exchange that helps the altcoin
gain opportunity for entering massive market with billions of capital

Sled

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Quote from: MrDave on May 03, 2022, 03:52:41 AM

Well, idk but I really wanna ask this question here, as we all are seeing lots of new alt crypto roaming around the crypto market. what are the factors needed for successful crypto projects, does anyone know?

As the number of the crypto project keeps on growing, will expect tough competition, and investors will look to some things;

- liquidity
- usable aim of the project
- credibility of the developer/owner/site
- transparency
- consistency
- support system

I don't buy coins that are built with hypes as this never takes longer to sustain, and it dies later.
It is too hard honestly to choose from these new projects as they are not yet proven credible. But yes, we can't just tell if we don't try either.

kryptocanon

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The team board behind each project has always been the strongest and the most important factor in every successful projects.

They plays the key factors from the onset of whitepaper creation, laying of road maps, the zeal to convince the community, the aid to persuade the investors etc.. They're always the ones behind every of these mentioned roles.

Jocuserious

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Quote from: MidNite36 on May 03, 2022, 02:09:39 PM

My first answer is > Good Team and a Good Leader
Second answer is > Good Team and a Good Leader
Third answer is > Good Team and a Good Leader

What is a good project without a great CEO and his professional team members? This is why I keep saying that blockchain project isn't for everyone, just because you have a idea doesn't make you a qualified developer.

In my opinion you should adjust many point in your mind like here.
1. Professional CEO and development team.
2. Lot of partnership with another successful project.
3. Very smart community of support for investors in 24 hours.
4. Clear roadmap with avoid fake promise.
5. Confirmed listing more popular exchange in the future.

Topic: New project success - page 7. (Read 1248 times)