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Topic: Success factors of a project - page 6. (Read 992 times)

hero member
Activity: 3024
Merit: 651
October 27, 2019, 07:33:18 AM
#48
True. There is no denying that.

They should not rely anymore with the offering of different individuals. It wont be enough to surpass the soft cap of their funding.
One necessity is to find one large investor and push them to buy tokens or just be an investor offering him percentage of what they will profit for a long time.
More like a shareholder.
That way, even if the offering would not reach a softcap they could still continue their project. This is also to avoid bankruptcy.
sr. member
Activity: 938
Merit: 256
October 27, 2019, 07:17:03 AM
#47
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
sr. member
Activity: 938
Merit: 250
October 27, 2019, 07:12:56 AM
#46
yes you are right enough funds are important capital needed for a new project to be able to survive in the crypto market. although the project has a dev and a good and creative development team but if they don't have enough capital they won't be able to enter in a good exchange. to be able to enter in a good and well-known exchange requires a large fee. and most investors now prefer projects in good exchange.
sr. member
Activity: 602
Merit: 253
October 27, 2019, 06:40:24 AM
#45
Even with enough financial support, a project that doesnt know how to do a good marketing sometimes were a let down as well.
As long as they have a good backup support be it the companies behind them, financial and their purposes of the road map, I think they're good.
They need to play their cards right. They need to know what the the investor wants and the market condition.
sr. member
Activity: 1148
Merit: 432
October 27, 2019, 04:16:44 AM
#44
Project success, in my opinion, is a project that does their work according to the target on the white paper.  Because most of them do not work it or exceed the target time on the whitepaper milestone.  For me, if they dont same as lying to the investors, because a real work that are able to boost the coin price they release on the market.
I have the same opinion if the target goes according to what was made in the whitepaper, then the project is good. but if they do not complete the targets according to what they made then they have made mistakes when developing on the project and I think if the mistakes occur many times they will lose a lot of investors
legendary
Activity: 2982
Merit: 1149
Leading Crypto Sports Betting & Casino Platform
October 27, 2019, 06:26:31 AM
#44
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 am assuming that by financial support you mean using them to listing fees, but you only need Binance and Bittrex for listing to be honest, and to get there is not about money, but about the quality of the developers and the team and the track record (that i am assuming you mean by technical support or i am gravely mistaken).
Most of the places offering listing fee are just on the top exchanges because their huge wash trading, and it's pointless to use any money for listing those.

But i haven't see grin for example done any marketing and it has done ok and is still has $22,350,562 marketcap.
sr. member
Activity: 1400
Merit: 468
October 27, 2019, 06:16:06 AM
#43
I think the success of a program is fully supported by the experienced and honest team running the program that they are working on. whereas for self-funding it will be greatly assisted by investors when the program they are working on is very attractive and can attract investors to give their money to invest in the program.

the more important factor is investor satisfaction, this can be said when investors get profits, the project's success is good and for the problem of success obtained is hard work from a team that can carry out work in accordance with the targets that are on the white paper. I personally think the success of a project can be judged by the market volume, if they get a good volume then the project will stay alive
sr. member
Activity: 1316
Merit: 257
October 27, 2019, 04:09:11 AM
#42
Project success, in my opinion, is a project that does their work according to the target on the white paper.  Because most of them do not work it or exceed the target time on the whitepaper milestone.  For me, if they dont same as lying to the investors, because a real work that are able to boost the coin price they release on the market.
jr. member
Activity: 224
Merit: 2
October 27, 2019, 06:06:16 AM
#42
I think the success of a program is fully supported by the experienced and honest team running the program that they are working on. whereas for self-funding it will be greatly assisted by investors when the program they are working on is very attractive and can attract investors to give their money to invest in the program.
TGD
hero member
Activity: 1288
Merit: 620
Wen Rolex?
October 27, 2019, 04:01:11 AM
#41
The truth is if you have all the money in the world without good teams you will end up wasting money over and over again, good dev should spend time picking out professional personnel in every fields in crypto, the main problem with most projects are all on the teams, the project ideas are always good but not the team
The team should be dedicated enough and they should be reunited in one goal, if they don't aim for the same goal or achievement then tendency they will separate and left the project hanging. It is good to be in business with people you know will push and inspire you to achieve the output every one aiming. They must know their roles in the project too.
sr. member
Activity: 868
Merit: 333
October 27, 2019, 03:44:55 AM
#40
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.
full member
Activity: 1148
Merit: 116
October 27, 2019, 03:41:53 AM
#39
The truth is if you have all the money in the world without good teams you will end up wasting money over and over again, good dev should spend time picking out professional personnel in every fields in crypto, the main problem with most projects are all on the teams, the project ideas are always good but not the team
hero member
Activity: 1386
Merit: 503
October 27, 2019, 03:39:06 AM
#38
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.
legendary
Activity: 2450
Merit: 1047
October 27, 2019, 02:53:36 AM
#37
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?


Products or services that they are promoting when they are staging their IC, will have an impact on the price of their token, if the products or services are not accepted at all, it will have an impact on the price, some of these ICO are promoting exchanges but unfortunately they cannot compete with a fully established exchange, so investors who support these ICO based exchanges are losing their investment.  
sr. member
Activity: 1204
Merit: 253
Undeads.com - P2E Runner Game
October 27, 2019, 02:51:10 AM
#36
In my opinion, the community of a project is important to support the project running smoothly. Not only when running the project but when their projects are in the market.
The community helps demand and supply is balanced and there is always trade-in their project. Finance is also important to support in setting prices on the market when bad with a buyback or such.
hero member
Activity: 1106
Merit: 502
October 27, 2019, 02:17:14 AM
#35
usually what makes a project can get a lot of success can usually be seen from market conditions, see projects that are developed from existing whitepapers and finally see the team that works behind a project, so that when you have a lot of experience about ico then you can see many successful projects on the exchange platform.
sr. member
Activity: 1540
Merit: 282
tBTC - https://dapp.tbtc.network/
October 27, 2019, 02:09:23 AM
#34
In the initial phase, marketing is important because it helps the project getting attention from the people and funding is also needed to develop its current technology.
However the key factor of a successful project is not about funding and marketing but the working product or service, without a working product or service the project will not generate any revenue and without revenue, the project will not be able to develop and make a progress.
hero member
Activity: 1426
Merit: 506
October 27, 2019, 01:55:56 AM
#33
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.
The projects must have a real world solution to be successful and majority of the projects that promised big things were raising huge amounts of money and rather do nothing and they move on to another project as there was no one to question their motives or vision, all they need to convince the investor world is about a huge project with fancy name and a technical team and then start collecting funds but majority of the projects made any viable projects nor did they prove that they successfully did anything with the money collected, only a few projects made use of the money and came up with valid projects and they are still in the market as the rest of them died.
sr. member
Activity: 896
Merit: 268
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October 27, 2019, 01:42:25 AM
#32
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?


They may come successful with a sufficient money support behind. That is how it works but where and what would be the source of those money, well, it is from investors itself who are not just investing because they want the project to be successful but they want something in return wherein those investors are attracted by people who advertise the project itself. So it is not always the money but with people who are working hard to let money come in project.
sr. member
Activity: 896
Merit: 251
October 27, 2019, 01:32:54 AM
#31
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?

Money is really needed, and its role is very important to make ICO successful. It's just that ICO projects must require developers and teams who are competent in their fields. Project management is very important for managing and maximizing finance. The current case is more towards financial problems, because investors are also less interested in ICO.
Project management is important so that project life can go well. sometimes when the funds obtained are quite large but the developing team is unable to innovate optimally when competing in the market. projects that have raised funds do have to focus on developing ideas that have already been written, but most projects are difficult to do because of certain factors
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