What exactly does a good project needs. - page 3.

Ifemini

member

Activity: 690

Merit: 12

There are consequences for every action

Quote from: Ken_terrance on April 26, 2020, 06:22:12 AM

Good funds and smart team to manage the project perfectly, every other things comes next, team are the main reason why a project succeed or fail to succeed

Let us say, team are part of the reasons why project succeeds or fail.
But when it comes to the project as a whole, a viable and real community makes s projects succeed.

How? A project product can only thrive when the product is employed and used to effects to drive demand and command increase in price

Ken_terrance

member

Activity: 574

Merit: 18

Making Smart Money Work

Good funds and smart team to manage the project perfectly, every other things comes next, team are the main reason why a project succeed or fail to succeed

FanEagle

legendary

Activity: 2884

Merit: 1117

Leading Crypto Sports Betting & Casino Platform

Smart team and money. That is actually all you need for a project to be great. If you have people at every position that are good at what they do, like a coder that is really an awesome coder, a designer that is awesome designer etc etc, and you give them like 5 more people under them so they could get sufficient help as well, plus you get funded fully and even some more on top of that, beyond what you could imagine, that project will be successful.

I mean think about it, why does many projects fail? Lack of money, lack of interest, lack of talent. These are the only reasons why they fail and if you have awesome team, they will know what to do in order to be good. I personally have worked with so many failed projects that I have seen a million ways they can fail, but there is only one way to be good.

ElmedoRator

full member

Activity: 826

Merit: 104

Quote from: Angemas on April 24, 2020, 06:27:47 AM

Quote from: BeginToMine on April 15, 2020, 05:17:36 PM

Good projects needs good community, transparent team and a working team with good product. A team with good mindset and team that understands what Cryptocurrency is and also have team growth in mind and investors funds in Mind. A good team with enthusiasm usually excel than those pump and dump projects. With a working products, investors will look for you.

Agree.. and don't forget about Community trust, because this is important when nobody never trust your project anymore.. well in my opinion the project will fail.

And that community has to be really quality. If the community is built from airdrop or bounty, I think they will not help too much for the project. For me, investors are the most important to the project. Because if they don't trust the project anymore, the price will always go down

Odebowa

jr. member

Activity: 252

Merit: 1

Project is a temporary, unique and progressive attempt or endeavor made to produce some kind of a tangible or intangible resuIt. A good project required Team (which means Together Each Achieve More), A good manager who can take decision as at when due because timing is required in every thing one engage in. A well constructive white paper and also need to engage bounty Hunters to make the project easlly accessible for investor and the likes, because fund is required in any project.

aditasetia123

member

Activity: 464

Merit: 10

Quote from: Bukata on April 24, 2020, 05:29:05 AM

A good project needs a team with technical and technological knowledge
A transparent Team, good funds, a very good exchange.
A good project needs Also large reliable community which to achieve this project devs must build trust amongst their community members

mostly good developers team that have good technical and technological knowledge already joined in existing projects or even be core team in major coins. and now dev team has same quality with them, so they dont know how to developt project and sell it to investors and community.

Angemas

member

Activity: 137

Merit: 25

Quote from: BeginToMine on April 15, 2020, 05:17:36 PM

Good projects needs good community, transparent team and a working team with good product. A team with good mindset and team that understands what Cryptocurrency is and also have team growth in mind and investors funds in Mind. A good team with enthusiasm usually excel than those pump and dump projects. With a working products, investors will look for you.

Agree.. and don't forget about Community trust, because this is important when nobody never trust your project anymore.. well in my opinion the project will fail.

sangjoewara

full member

Activity: 1050

Merit: 100

Quote from: Bukata on April 24, 2020, 05:29:05 AM

A good project needs a team with technical and technological knowledge
A transparent Team, good funds, a very good exchange.
A good project needs Also large reliable community which to achieve this project devs must build trust amongst their community members

Right now good projects are very rare to find, even if there are one or two good ones but not completely good and exactly as you say it, for more details you try to trace little by little projects that were born this year, and then you make it as a good and bad percentage.

Bukata

jr. member

Activity: 32

Merit: 2

A good project needs a team with technical and technological knowledge
A transparent Team, good funds, a very good exchange.
A good project needs Also large reliable community which to achieve this project devs must build trust amongst their community members

Ifemini

member

Activity: 690

Merit: 12

There are consequences for every action

This is a question that has been repeated severally in the crypto sphere and it is easy.

Hype aside, a good project needs a quality product, that fits a particular problem and solves it; and also enough to drive demand for such product token.
Also, a project needs a large reliable community (to achieve this project devs must build trust amongst their community). Then a bit of luck.

TheUltraElite

legendary

Activity: 2898

Merit: 1253

So anyway, I applied as a merit source :)

Quote from: BeginToMine on April 15, 2020, 05:17:36 PM

A team with good mindset and team that understands what Cryptocurrency is and also have team growth in mind and investors funds in Mind.

Follow that road and you will get scammed. A project leader only is a puppet in reality. The control lies in the hands of the investors if they have voting rights making it all a redundant shitshow if the price goes down and they decide to rebel. The team comes secondary to the project's inherent ability to create a market if not marketing on an already open market. It is rarely seen that they are creating something that garners a market on its own and that is the reason of failure of all these projects setting aside the vaporware projects which are complete pump and dumps.

Quote

With a working products, investors will look for you.

Surely, but how many actually develop anything working?

BeginToMine

full member

Activity: 434

Merit: 101

https://www.payaccept.net/

Good projects needs good community, transparent team and a working team with good product. A team with good mindset and team that understands what Cryptocurrency is and also have team growth in mind and investors funds in Mind. A good team with enthusiasm usually excel than those pump and dump projects. With a working products, investors will look for you.

Romeotom

member

Activity: 821

Merit: 20

SOL.BIOKRIPT.COM

Exactly a good project never loss time and their combination everything is promising with intelligent development Activity. A real project always want more investors clients then they look how increase project developing identify. Therefore, investors people never avoid those projects where have must good profitable chance.

isaac_clarke22

sr. member

Activity: 1596

Merit: 264

No matter how well written WP is, I don't think that evaluates to a good project as it needs many investors.
Relevance comes at place due to the degree of benefit that people can get from the project itself. Well popular example would be Bitcoin as we know it as it was found in 2009, and look what it solved to majority of the inconvenience that people are having back then.
It isn't just the good devs, community, and good vision of the project.

fortunecrypto

legendary

Activity: 2450

Merit: 1047

It's a combination of everything good developers, platform and community if you have all these combination it will end up a successful project all the best coins in the market, has all of these, take away anyone of that combination and it will slip in the market or they will just fade away in oblivion.

Lhaine

full member

Activity: 742

Merit: 128

Coinbene.com - Experience Fast Crypto Trading

Quote from: Findingnemo on April 05, 2020, 05:17:13 PM

Bith unique ideas and good community support are needs for a project to get successful then only it will be called a good project.But nowadays trust on the new projects get shrinking due to useless shit project or devs stops their development once they made profits for themselves so just stick with older better projects rather than taking a huge risk on new projects.

I think we need to also add background check of the developer's and teams id what they did before . Some of the project already have pass scam doing before ,if investors early know about that they will not invested any money in that project even how good they promise they are.
Background check from how they enter crypto world until now not only to make an ICo to raised money from investors .

Skills of the owner and other bussineses they have before that is still running and working for them./ they should have bussiness management background so we can know if they can able manage a business to make thier own and entrust our money to them.

lancelot18cryp26

jr. member

Activity: 45

Merit: 1

It takes a long time to earn trust. New projects are not to be trusted.
Trust a project if the team members are always the same for the core team...

Findingnemo

hero member

Activity: 2366

Merit: 793

Bitcoin = Financial freedom

Bith unique ideas and good community support are needs for a project to get successful then only it will be called a good project.But nowadays trust on the new projects get shrinking due to useless shit project or devs stops their development once they made profits for themselves so just stick with older better projects rather than taking a huge risk on new projects.

xiboothrezi

sr. member

Activity: 1246

Merit: 285

Quote from: ampere on March 05, 2020, 12:19:01 PM

~
The question is, would these undervalued, poor dev projects ever compensate investors in terms of returns on investment?
I hope to learn further more below.

It seems there is no compensation, shitproject has many reasons to run away, then slowly disappear with a bag filled with money full of investor funds.

Quote

What exactly does a good project needs.

A lot of funds and excellent products that are truly innovative.
Surely it will be easy to collaborate with people or companies that have a good reputation in the crypto world. It will automatically attract investors, thus a large community will form itself

GodRACE

jr. member

Activity: 340

Merit: 1

To my opinion I think there are some basic and advanced things a project needs.

Firstly, I will say a project needs a good team and leadership that has a vision. This is the most important in my opinion then followed by the community.

The community are the long-term and going concern of the project and they should not be neglected.

Advanced things are as usual capital(money), manpower(right mind-set).

Topic: What exactly does a good project needs. - page 3. (Read 1982 times)