Success factors of a project - page 5.

carlfebz2

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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?

Project should had enough financial support even on pre-ICO. The most important thing i would say for a project to be a success is into its idea or potential itself.
No matter how funded it is but if its just an another copy cat project using the same common platform then i would definitely say that it wont really have any future or
would definitely go to the same fate on most shit projects in the market.Make it a revolutionary one and the community will surely recognize it.

tiang_tower

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Quote from: foxincoin on October 27, 2019, 07:49:56 AM

The team.
Idea behind the project, should be new or solve some issue.
IEO project not ICO.

Yes, now the most important factors for the success of a project are three items, the first is a clear team, the second is a lot of collaborative partners, and the third is a good sales program through a large exchange, commonly called IEO.

Genemind

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Financial support, technical wise and marketing strategy plus perfect promotion could make a certain project successful. A new project should know how to gain the trust of investors by showing activeness and following a good roadmap. Project campaign plays a vital role in promoting and advertising a certain project as well.

JCviggen

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Quote from: Pet240 on October 27, 2019, 08:36:13 AM

The power of community on a project cannot be underestimated, because it is the major medium through which a project grows. Even if there is good technical support; even is the the product is one of the best, if there is no active community, the project is going no where.

If the product is one of the best, then the community itself will grow around the project. if the project is weak and it does not develop, then there is no benefit from the community that this project has

imutlinda

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Quote from: ameliana on October 27, 2019, 08:36:27 AM

the success factor of the project depends on the performance of the team or developer and also the marketing of the products they offer in the market. but as you have said it is also true that many products do not function properly and vice versa. I think the reputation of ICO has now been destroyed and many investors have avoided the ICO project.

ICO is now beginning to be abandoned because its reputation is not as good as it was a few years ago. investors began to switch to other investment methods.

for the factors that influence the success of the project I always believe that if the team that is in development can innovate and get a lot of trust from the community then the project can be said to be a good project

ameliana

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the success factor of the project depends on the performance of the team or developer and also the marketing of the products they offer in the market. but as you have said it is also true that many products do not function properly and vice versa. I think the reputation of ICO has now been destroyed and many investors have avoided the ICO project.

Pet240

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The power of community on a project cannot be underestimated, because it is the major medium through which a project grows. Even if there is good technical support; even is the the product is one of the best, if there is no active community, the project is going no where.

Becky666

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I will say the roadmap is the best factor to consider if the project will end in a good mode. Have been with bounty and find out that; many projects failed basically because of their lack of good roadmap, I will see this a number one factor for a great project to surface.

Although there are other factors ranging from; having good financial sponsors or investors that are ready to invest with the company. Also, putting together good heads to champion project development also matters to the success of the project.

imstillthebest

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Quote from: Hippocrypto on October 27, 2019, 08:04:00 AM

Quote from: Zeke_23 on October 27, 2019, 03:44:55 AM

Quote from: Landak on October 27, 2019, 03:39:06 AM

The success of the project depends on the project team and the concept of ideas that are brought (products and services). How much is the total amount of fundraising (for some reason I doubt at this point), the ability to "buyback" at certain times. The amount of enthusiasm from the investor community the more people believe in the project, the higher the value of the project.

The ability to understand and analyze every situation is one of the characteristics of a great team running a project.
Taking seriously their responsibilities and having a mindset to achieve their goal can also bring their project to success. Without having a goal, it will be impossible to create and improve a project.

It's impossible to launch a project without an specific goals, and if it's really a legit one, establishing each goals is a must. Because of that, potential investors would develop confidence to join and invest to a certain project.
Transparency towards customers should be presented and revealed to the public in order to gain popularity, and to become well recognized by many.

It is possible . Didn't you notice that many projects these days are ended up failed ? It's because they aren't serious or they don't have goals at all . In their minds they only want to come up with a coin like this so that they can earn a profit and the worst part is that they are only using promising words and eye popping promotion just for the sake of gathering costumers but these were small term and they will fail too early

matchi2011

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Quote from: Beparanf on October 27, 2019, 08:11:02 AM

Quote from: Sebas.tian on October 27, 2019, 07:56:10 AM

Projects with the right team and financial power will make a formidable team and their project will be huge success. Recently, many projects have failed because they lack the right team and also not having the financial power to make some drastic movement in project development. I once participated on a project with good team and the financial wills, their project was a huge success at the end, so, this factors matters a lot for a project to succeed.

After having a good detailed project or product and dedicated team there must be a team that are good to market too, it is a must so when they need to develop more their product it can be known by other investors that are doubtful and can attract more possible investors to keep their product alive in the market.

Good advertising handlers are very important since the market is full of many projects that competes with each others, good advertisers can bring impact to the project, providing detailed information and bring awareness to whatever updates and new sets of plans coming from the team.

If the project is progressive, the information coming from the advertising department will enhance the chance of good numbers of followers to continue supporting the project.

NathanJB

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Quote from: Beparanf on October 27, 2019, 08:11:02 AM

Quote from: Sebas.tian on October 27, 2019, 07:56:10 AM

Projects with the right team and financial power will make a formidable team and their project will be huge success. Recently, many projects have failed because they lack the right team and also not having the financial power to make some drastic movement in project development. I once participated on a project with good team and the financial wills, their project was a huge success at the end, so, this factors matters a lot for a project to succeed.

After having a good detailed project or product and dedicated team there must be a team that are good to market too, it is a must so when they need to develop more their product it can be known by other investors that are doubtful and can attract more possible investors to keep their product alive in the market.

A smart marketing strategy is of course necessary for a lot of companies to get to the ears of the investors, especially the institutional investors whose investment is a lot of more significant from small individual investors. However, if their project is below quality, any kind or amount of marketing strategies will be useless. Marketing strategies are important if there is something worth marketing. If the project is shit in itself, it will still end up dead even with a very brilliant and aggressive marketing steps.

sends1

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yeah i think like that, i agree with you. with financial reserves or financial support is very necessary. For example, such as creating an IEO event or seminar on the project itself certainly requires sufficient finance

Beparanf

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Burpaaa

Quote from: Sebas.tian on October 27, 2019, 07:56:10 AM

Projects with the right team and financial power will make a formidable team and their project will be huge success. Recently, many projects have failed because they lack the right team and also not having the financial power to make some drastic movement in project development. I once participated on a project with good team and the financial wills, their project was a huge success at the end, so, this factors matters a lot for a project to succeed.

After having a good detailed project or product and dedicated team there must be a team that are good to market too, it is a must so when they need to develop more their product it can be known by other investors that are doubtful and can attract more possible investors to keep their product alive in the market.

Hippocrypto

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Quote from: Zeke_23 on October 27, 2019, 03:44:55 AM

Quote from: Landak on October 27, 2019, 03:39:06 AM

The success of the project depends on the project team and the concept of ideas that are brought (products and services). How much is the total amount of fundraising (for some reason I doubt at this point), the ability to "buyback" at certain times. The amount of enthusiasm from the investor community the more people believe in the project, the higher the value of the project.

The ability to understand and analyze every situation is one of the characteristics of a great team running a project.
Taking seriously their responsibilities and having a mindset to achieve their goal can also bring their project to success. Without having a goal, it will be impossible to create and improve a project.

It's impossible to launch a project without an specific goals, and if it's really a legit one, establishing each goals is a must. Because of that, potential investors would develop confidence to join and invest to a certain project.
Transparency towards customers should be presented and revealed to the public in order to gain popularity, and to become well recognized by many.

horrifiedx1

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Quote from: zeze18 on October 27, 2019, 07:17:03 AM

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 factor that will impact the market price is the hype.
If many people talk about it and people hunt the tokens like crazy i'm sure the project tokens will be ended expensive in the market. So it's a task for the project marketing to make hype to the community

right, the most important factor is trends and trends due to the enthusiasm of investors, while investors take steps because of their psychological factors that encourage them to buy tokens. indeed this is a marketing task to generate investor interest in the token, so that goals can be achieved

Sebas.tian

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Projects with the right team and financial power will make a formidable team and their project will be huge success. Recently, many projects have failed because they lack the right team and also not having the financial power to make some drastic movement in project development. I once participated on a project with good team and the financial wills, their project was a huge success at the end, so, this factors matters a lot for a project to succeed.

LbtalkL

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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?

Definitely yes, financial support is very important on a project if you don't have funds most likely no matter how good a project is, some will think that you are a scammer or fraud if you don't have any capital and end up a failure project. That's how some investors think now, Even myself. So if a project is planning to have an IEO or ICO they better have VC (Venture Capital).

HabiebRiziq

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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?

Many factors affect a project, and it is true that finance is also needed in building a project because every project needs funds to be able to develop the project delivered and besides the funds also the activeness of the team behind it to continue to make updates about the project in order to attract investors is a matter must be done so that softcap can be achieved to run the project.

foxincoin

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The team.
Idea behind the project, should be new or solve some issue.
IEO project not ICO.

Clement Kaliyar

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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.

It is hard to find quality projects in the market and they might be many projects coming on a daily basis but there is a lack of quality projects that could solve anything, these projects are here to make money and we saw thousands of projects in the past and only a few succeeded in fulfilling what they started out and the rest died out and the worst part is that they do not need to refund any money and the investors looses their hard earned money.

Topic: Success factors of a project - page 5. (Read 992 times)