Success factors of a project - page 2.

anjiitem

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Quote from: malikusama on October 26, 2019, 04:50:05 PM

Daily many projects are brought into the market with different ideas and background.
But the question is what makes these projects to perform well in the market. No doubt good technical support is too necessary to lead the project towards success, but even with good technical support and marketing many projects can't survive.
So what matters these days is financial backup or financial support. Before entering the market a project (or ICO) should have enough financial support to compete in the market even in worst conditions.

It's my own analysis so far in this altcoin market.
What are your thoughts?

It is true that funding is really needed to develop the project, when we have good technical support, a good team and have made a good and workable plan but when we don't have enough funds to develop the project, what we have compiled and done only be in vain and even the project could have stopped without notice because there were not enough funds to develop the project, so here investors also have an important role.

gweedo

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Marketing is the most important for a new project. If they do a good job in marketing, their project will surely attract a lot of investors and easily raise capital successfully. In 2019 I see bullshit project without products, but they have a good marketing plan and their project is still successful.

Palider

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Quote from: StephenieDuong on December 16, 2019, 11:15:03 AM

I think there are many factors effect to a project, but for now i think marketing is the most important. In this downtrend market, all project go down and this is the best time to do technical. But when the uptrend, without marketing can not promote a project to as much as people.

Marketing and Unique products is one of the things I look for to make the project successful.
This is what I see today in projects that are successful even though the market is turbulent.

StephenieDuong

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I think there are many factors effect to a project, but for now i think marketing is the most important. In this downtrend market, all project go down and this is the best time to do technical. But when the uptrend, without marketing can not promote a project to as much as people.

Xcode7

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Quote from: malikusama on October 26, 2019, 04:50:05 PM

Daily many projects are brought into the market with different ideas and background.
But the question is what makes these projects to perform well in the market. No doubt good technical support is too necessary to lead the project towards success, but even with good technical support and marketing many projects can't survive.
So what matters these days is financial backup or financial support. Before entering the market a project (or ICO) should have enough financial support to compete in the market even in worst conditions.

It's my own analysis so far in this altcoin market.
What are your thoughts?

Obviously the mission and vision is needed here, the background of the team being recruited can also influence, not to recruit people who are already notoriously ugly, but instead it will become a weapon for the project itself. Investors are very observant and certainly see the background of the project and the people who move in it.

enhu

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The community and the factor to encourage adoption.

There are several projects that had succeed already but weren't used still, I think this is because the adoption is just too slow compare to the developments of projects in crypto. The technical aspect is just way ahead that the current generation doesn't learn how to use it because they stray to using facebook market. Openbazaar for example is already a success but I don't see a lot of us using it but instead new developers are trying to compete and create another when they could just create projects on top of it.

superstrength

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Your analysis is well worth being read. Good technical support is essential to lead the project to success, good technical support and marketing along with having excellent human resources will help a lot of projects.

Longthi_4823_Love

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Projects need to have the favorable factors to create success. Any project has many good elements and the lucky part will easily get nice growth. I think the leadership issue is one of the most important factors.

uneng

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Quote from: ije07 on December 14, 2019, 02:33:33 PM

yeah, it really is like that. in this case I often see all types of projects with good concepts, complete work maps, even teams and developers who have a good reputation are not always promising. because I think it's a strategy and it was planned before launching their project in public.
I agree with your points about finance, this is a good way before the developer releases the project to the public and especially partners also have a positive influence on the success of a project.

I also see these *good concept* projects that look very complete, but I learned to be careful about them, as work maps and developers can be fake. This is a good reason why they aren't promising...
I think two main success factors of a project are: financial factor, of course, without money you can't make a decent advertisement or develop a decent project and the second and most important factor is the technlogy behind it that must be something unprecedented, otherwise it will be just another bitcoin or ethereum copy.

ije07

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yeah, it really is like that. in this case I often see all types of projects with good concepts, complete work maps, even teams and developers who have a good reputation are not always promising. because I think it's a strategy and it was planned before launching their project in public.
I agree with your points about finance, this is a good way before the developer releases the project to the public and especially partners also have a positive influence on the success of a project.

wxa7115

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Quote from: EvgeniyLEV on December 13, 2019, 03:38:43 AM

The main factor in the success of the project (ICO and IEO) is the technology and demand for the product that will be created, as well as the team that implements this project. Also very important, these are technical specialists and marketing. If all these factors are taken into account, then the project will succeed and will develop. Also, great attention needs to be paid to the community of the project, it needs to be maintained and developed.

The technology behind most coins is the same except for a few cosmetic changes that do not really make any kind of difference, that is not what makes a project a success, the most important factor are the developers, most of the projects in the market despite its similarities are never well executed by their developers because they do not really know what they're doing.

But if the developers are any good then they will be able to execute the project to perfection and deliver what they promised, and even if it is not groundbreaking that will be more than enough to make the project a success.

Chainsmokers

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Quote from: malikusama on October 26, 2019, 04:50:05 PM

Daily many projects are brought into the market with different ideas and background.
But the question is what makes these projects to perform well in the market. No doubt good technical support is too necessary to lead the project towards success, but even with good technical support and marketing many projects can't survive.
So what matters these days is financial backup or financial support. Before entering the market a project (or ICO) should have enough financial support to compete in the market even in worst conditions.

It's my own analysis so far in this altcoin market.
What are your thoughts?

Of course funding is one of the important factors to be able to run a project, without project funding it can not run at all and will have obstacles to develop the project. And it is true that lately many projects have failed due to softcap not being achieved and I think this is a natural thing to happen because many previous scam projects have made investors hesitate to invest in new projects.

Winscosinally

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Quote from: malikusama on October 26, 2019, 04:50:05 PM

Daily many projects are brought into the market with different ideas and background.
But the question is what makes these projects to perform well in the market. No doubt good technical support is too necessary to lead the project towards success, but even with good technical support and marketing many projects can't survive.
So what matters these days is financial backup or financial support. Before entering the market a project (or ICO) should have enough financial support to compete in the market even in worst conditions.

It's my own analysis so far in this altcoin market.
What are your thoughts?

The only thing that makes a project to perform well in the market is the team members behind the project, if a project has good use case and the team are not hardworking it will never grow

EvgeniyLEV

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The main factor in the success of the project (ICO and IEO) is the technology and demand for the product that will be created, as well as the team that implements this project. Also very important, these are technical specialists and marketing. If all these factors are taken into account, then the project will succeed and will develop. Also, great attention needs to be paid to the community of the project, it needs to be maintained and developed.

NeironixNV

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Quote from: malikusama on October 26, 2019, 04:50:05 PM

Daily many projects are brought into the market with different ideas and background.
But the question is what makes these projects to perform well in the market. No doubt good technical support is too necessary to lead the project towards success, but even with good technical support and marketing many projects can't survive.
So what matters these days is financial backup or financial support. Before entering the market a project (or ICO) should have enough financial support to compete in the market even in worst conditions.

It's my own analysis so far in this altcoin market.
What are your thoughts?

I watch here (https://neironix.io/ico-rating) rating and factors of ICO project. Buut, not all factors are taken into account as for me, but the main thing is to study the project’s MVIPI so that it has a working product, at least in test mode, and you definitely need to look at the team, maybe even write them in the social. Whether the networks are really involved in the development of this project or not, many projects like to set up cool advisers who do not even know themselves.

sana54210

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In my own opinion, I don’t think that this is what really matters in making a product have a surviving future, the financial base of the company actually matters too, but if it all depend on the financial strength, why are some of these coins that have raised so much money still dumping hard and dropping dead? It is because they lack the product that will see to it that their project continues to gain relevance needed, and the only way they can gain relevance is if the product they are presenting to us for purchase is really presentable and needed.

Any project that needs to be released must first have a very good [product first that people will always need, if you look at many projects that have failed, it is because they do not have very much product that people need, they only live on the initial hype and contributions of people to the market cap.

Gotumoot

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Financial Support - This is necessary for the campaign to run smoothly and not to delay projects. This is often the problem with campaigns nowadays so they are adding a week to the campaign to raise funds for their campaign.

Good Project, Useable Project and Good idea. - This, in turn, is necessary to attract investors, Like the ethreum which has smart contracts to give developers convenience so that they can no longer create their own block chain.

Kersh768

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Quote from: malikusama on October 26, 2019, 04:50:05 PM

Daily many projects are brought into the market with different ideas and background.
But the question is what makes these projects to perform well in the market. No doubt good technical support is too necessary to lead the project towards success, but even with good technical support and marketing many projects can't survive.
So what matters these days is financial backup or financial support. Before entering the market a project (or ICO) should have enough financial support to compete in the market even in worst conditions.

It's my own analysis so far in this altcoin market.
What are your thoughts?

I would add boosting the popularity of the project. Popularity is connected with rating. Most of the investors are depending on the rating of a project which somehow has a point. If there will be huge popularity for a project, there's a larger tendency for a project in particular to succeed, market listing is another thing. What I mean is that, there are many projects that succeed their campaign but the tokens' market value fell due to the negative market behavior at this moment. But an investor could still take advantage of investing to a project during the period, especially if the project has long term plans.

cryptothreads

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Quote from: btcdie on October 28, 2019, 08:16:07 AM

The main factor that makes a project successful lies in the ideas or solutions to create innovations that are superior in the public. the average investor does not come to a project because the product or innovation is not convincing. A project that is creative with the crowdfounding model, this is also the fator of making a project successful. Investors are the main heart of the project and the team runs the project to keep it alive and grow or the vision and mission of the project can be achieved.

I agree with you . In fact, the current trend is to focus more on technology projects and if that project can solve current life-related issues, it will surely attract a lot of investors. I always analyze carefully when participating and always take time to chat with them. If I feel that the project is potential, I will consider investing as soon as possible.

Now evaluating a good project depends a lot on partners and the media because these are the two ways I usually use to evaluate a project.

doomistake

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Quote from: dothebeats on October 26, 2019, 04:57:23 PM

Financial support isn't enough. You must also have a good team that updates your peers every now and then, else your project will not get enough attention from the masses and might get foiled easily. The competition for the altcoin markets is always cut-throat, and even if you have loads of budget for your project, if it's not used correctly into something that really matters then it's a dire effort plus wasted money.

Usually a project that gains much exposure and positive reception are those who are good in marketing plus innovative features of the project. You don't necessarily need to have bounty campaigns that pay top dollar, just enough things to get your word out and an approachable team for that matter.

These things are already given when you are planning to start a project, without these things and you dare entering the market without proper executions is like you are executing yourself. In my opinion, in order for a project to stand out amongst so many projects clashing in the market, you need to be more exquisite than you could ever be, you have to surpass the limits of other projects, and those given factors you have mentioned will play a huge role for that, especially big funds.

Money move people (in a good way or bad way), that is why it is important as a leader of a project, you have to have a big amount of cash to hire smart people who could support you on making your project successful.

Topic: Success factors of a project - page 2. (Read 992 times)