Topic: Success factors of a project - page 8. (Read 1004 times)
Fund is one of the key factors to success a project. If a project has already had enough fund before entering IEO or ICO, it is absolutely good idea. Then, the team project won't depend on the fundraising got from IEO or ICO only to continue the project. Many project failed because they didn't get softcap or hardcap, right? But of course to success is not only based on the fund or capital. The quality of team, how good their MVP, partnership, community support, and other crucial factors also contribute as well.
The main aspect of every good project, that should be considered is its product and marketing. A good product will he very easy to market. In fact, whoever is doing the marketing will be very glad to do that. Many of the the project out there fail, because their products cannot be trusted and used in the real sense of it.
That is not also a good ground for the project to acquire more than needed. There have been some projects that perpetrated such acts in the part and some are still doing it. It is better that a project that will come to the crypto space, should first have funded the project by the members of the team or through other success.
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.
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.
Isn't it those projects are entering the crypto market to raise funds? So how can they get financial support from the very beginning? So the first thing those ICO really need to do is to present a solid and tangible product to begin with so that investors are willing to give them financial support. The problem is that majority of the projects today are not unique and they are exact replica of products in the past that's why investors shunned them, worst they could be running a scam for all we know. And the timing as well, look at the current state of the market, long bearish trend. If I'm going to released an ICO, I going to wait till everything settles down or at least the market is beginning to have a bull run.
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?
yes I agree with you, funds are the most important. without financial support, it is difficult to be able to make a successful project. Conducting IEO in large exchanges, promotions & advertising, and to keep prices stable, all require funds. but unfortunately most of these startups don't have that, they only expect from the sale of tokens. whereas to make a successful token sale requires huge funds. 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?
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?
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?
ya as far as financial support look at VBK : /
people wanted them to put up buy walls to protect the IEO price, but miners are just dumping into it, ate it right up
you need UTILITY, unless a coin has USE, its will get dumped eventually
imo, a coin needs deflationary triggers too, BTC has several itself
BnB is a good example, it gets burned, reducing supply, increasing scarcity of a token with actual USE
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?
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?
well, maybe your reason about financial backup or financial support before a project run an ICO or IEO stage is good enough
thats mean the team should have a seed funding money, right ?
may i ask you something what for the seed money ?
because price created by the market,, if a succesful a project judged by price
for me, if the team develop the project correctly and all roadmap run on schedule,
for sure the project is good enough to invest in long term my friend
If a project with perfect technical support and good marketing strategy fails, then I think they have a lack of unique vision or real use cases or products. Investors are very aware now, they won't invest in a project with no product and daydreamy vision.
Well, you're correct about the financial support. There were projects that seem to be good but lack of budget just to get into a better exchange so the ending was bad for them because they simply list their token into an unknown exchange.
Which make their projects look like useless as others. That's what most of the investors like today, getting involve to a reputable exchange and that will cost money for the developers.
Which make their projects look like useless as others. That's what most of the investors like today, getting involve to a reputable exchange and that will cost money for the developers.
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.
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.
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?
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?
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