Things an ICO required to succeed? | Bitcointalksearch.org

awazieik

full member

Activity: 448

Merit: 100

Quote from: maarx on September 02, 2018, 03:18:40 PM

When we talk about an ICO, we always think if the ICO is a scam or legit. If they are legit, we do think that if the ICO has a good project. If they do have a good project, we expect them getting listed on exchanges. If they are listed on exchanges, we expect the ICO price should have been grown when we exchange. So what things you feel are indeed required for an ICO to succeed in the market?

The truth is that we have impatient or newbie investors who don't understand the meaning of investiong and have the wrong idea that ICO are Quick rich schemes. What an ICO needs to succeed in the market is to focus on building a great project; support from a matured community that understands that projects need time to grow and a solid road map with updates

Gurjasmeet

copper member

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I think it's a most important of team members to success of the project who doing hard work behind this. in these days advertising system is very helpful to success any business or project.

Cyangaramonde

newbie

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Time and communication are the two most important factors in a successful ICO. Should stimulate interest from the crowd for your crowsale turns as soon as possible. Another important aspect of the crowdsale campaign is PR. Also, it should be broadcast on mainstream media, there are social networking sites - Twitter and Facebook, and forums - Bitcoin and Reddit. There is nothing worse than having a good preparation campaign but still failing because of lack of market access.

CreamIce

jr. member

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It's a process in itself. There are various key factors involved to make a successful ICO:

1) Project specifics : E.g. Whitepapers. Any investor who wants to invest would like to know about the project. The better it's outlined, more confident it sounds.

2) ICO plan : Any successful ICO pre-determines its goals. A smart pricing plan and token will determine the future of your ICO.

3) Marketing: A good website that outlines key points with respect to the project and offers. This is a must. This is how you attract investors. A good marketing team with best possible suggestions will give your project immense potential.

4) Money management: Last but not the least, you must know how to manage your money. Your profits are determined only by taking care of pre and post launch fund management.

Jaywahin

newbie

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I would emphasis on the same points you wrote down. The project is the main back bone of an ICO’s success. Number of ICOs are increasing and new crypto coins are increasing. The SciDex protocol sets out to unlock smart contracts for businesses. It starts by enabling the translation of written contracts to smart contracts and ascends the complexity chart by adding additional trusted, secured and proven layers. This allows the expression and execution of more complex transactions. The result: readable, compliant and adaptive smart contracts for complex assets transaction

Wibizza

member

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the success of the coin project is Mastercoin - just an ordinary startup compared to leaders. I think the thing that is also needed in the success of ICO is marketing, by employing a marketing professional can increase investor confidence to invest in the company. then realistic ideas to implement and must be able to solve the problem. and also needed a team that is experienced enough to be able to carry out the vision.

ahmad21

sr. member

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Quote from: maarx on September 02, 2018, 03:18:40 PM

When we talk about an ICO, we always think if the ICO is a scam or legit. If they are legit, we do think that if the ICO has a good project. If they do have a good project, we expect them getting listed on exchanges. If they are listed on exchanges, we expect the ICO price should have been grown when we exchange. So what things you feel are indeed required for an ICO to succeed in the market?

ICOs are just like any other startup venture. Which are formed on the basis of an innovative idea. However implementation of these ideas is considered far more difficult. Along with a groundbreaking innovation which is most important here are a few other things that an ICO requires to succeed.
1. The developing team of the ICO should be well qualifies and if possible should be experienced.
2. The ICO should display some realistic goals only. Unrealistic ones will create a doubt in the mind of investors.
3. The whitepaper should be framed carefully. Make sure to include the required information which should be completely true.
4. Marketing advertising should be in such a way that it helps to reach out to the potential investors.

DeadCoin

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★ Investor | Trader | Promoter

I would emphasis on the same points you wrote down. The project is the main back bone of an ICO’s success. Number of ICOs are increasing and new crypto coins are increasing. Heavy competition has already began amongst new ICOs. Getting listed on an exchanges is the main goal. Expense to get into an exchange is the big challenge of an ICO. I am sure these are the main things to look at.

Laxus215

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Quote from: maarx on September 02, 2018, 03:18:40 PM

So what things you feel are indeed required for an ICO to succeed in the market?

Whenever ICO closes investors expect the ICO tokens to be listed on good exchange and grow, infact everyone wants this but there are so many peoples who wants coin to grow immediately. Which I feel is wrong I will tell you example of recent ICO money token, IMT Token price was around 1=140000 token + 25% discounts which goes around 175000 IMT per 1ETh. Token launched on the exchange intialy it was trading for 0.000015eth & if investor decide to sell that all amount than in ether he gets around 2.65 ether means 1.65 ether profits if sold on right time. But we all know the problem with ICOs some big pre investors are smart enough to take this profit and sell all their coin and some bounty hunters are sell their coin which cause drastically drop in the token price. Than some holders get panic and starts to hit on their team for the price drop which I feel is wrong.

Quote from: maarx on September 02, 2018, 03:18:40 PM

So what things you feel are indeed required for an ICO to succeed in the market?

I feel to be successful ICO needs supportive community without community support even ICO with great concept and legitimaty can not survive. ICO need to engage with community and make good partnership to create the network on which everyone will get benefits. Remember the price of ethereum or btc doesn't reached its ATH value in single days, it took years to reach on that level.

maarx

hero member

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cloverdex.io

When we talk about an ICO, we always think if the ICO is a scam or legit. If they are legit, we do think that if the ICO has a good project. If they do have a good project, we expect them getting listed on exchanges. If they are listed on exchanges, we expect the ICO price should have been grown when we exchange. So what things you feel are indeed required for an ICO to succeed in the market?

Topic: Things an ICO required to succeed? (Read 197 times)