Topic: What is the most important in a cryptocurrency project? (Read 3436 times)
Easy answer on this one. In my mind the most important in a crypto project is definitely the community. Then of course the team and the development.
As long as they are willing to show the real persons behind their ICO and I won't think of them as scammers because scammers always hide their identities.
Hello all,
What is according to you more important in a cryptocurrency project between the idea and the team?
Would you invest in a project if there are only 3-5 persons or would you rather trust a big team?
I have those questions in mind when comparing other projects such as Yahoo or Snapshat. They were a small group at the beginning and grew over time.
What is according to you more important in a cryptocurrency project between the idea and the team?
Would you invest in a project if there are only 3-5 persons or would you rather trust a big team?
I have those questions in mind when comparing other projects such as Yahoo or Snapshat. They were a small group at the beginning and grew over time.
i think that it doesnt matter if your team is composed of only 3 to 5 persons, as long as your project is somehow unique and one of a kind. also you need to think of a concept that is trendy and indemand today to get attraction to the public.
Well to a extent I would have to agree. It doesn't matter how many people are involved as long as they are really into the project. Let's look at how Facebook was founded. Only few have people has started but since the idea is very nice and one of its kind that time, it gained traction about the masses so it grew to what it is right now. So I believed that even small teams are capable to really put a good project in plan and take it into another level. However, there are also project that involves a lot of technical person in the beginning but didn't make it bigtime. So it really doesn't matter how many persons are involved, as long as they are dedicated and they have one goal in mind, to be successful in the future.
Therefore, now bitcoin was starting to become famous and it is not too far to success.
Hello all,
What is according to you more important in a cryptocurrency project between the idea and the team?
Would you invest in a project if there are only 3-5 persons or would you rather trust a big team?
I have those questions in mind when comparing other projects such as Yahoo or Snapshat. They were a small group at the beginning and grew over time.
What is according to you more important in a cryptocurrency project between the idea and the team?
Would you invest in a project if there are only 3-5 persons or would you rather trust a big team?
I have those questions in mind when comparing other projects such as Yahoo or Snapshat. They were a small group at the beginning and grew over time.
i think that it doesnt matter if your team is composed of only 3 to 5 persons, as long as your project is somehow unique and one of a kind. also you need to think of a concept that is trendy and indemand today to get attraction to the public.
Well to a extent I would have to agree. It doesn't matter how many people are involved as long as they are really into the project. Let's look at how Facebook was founded. Only few have people has started but since the idea is very nice and one of its kind that time, it gained traction about the masses so it grew to what it is right now. So I believed that even small teams are capable to really put a good project in plan and take it into another level. However, there are also project that involves a lot of technical person in the beginning but didn't make it bigtime. So it really doesn't matter how many persons are involved, as long as they are dedicated and they have one goal in mind, to be successful in the future.
Hello all,
What is according to you more important in a cryptocurrency project between the idea and the team?
Would you invest in a project if there are only 3-5 persons or would you rather trust a big team?
I have those questions in mind when comparing other projects such as Yahoo or Snapshat. They were a small group at the beginning and grew over time.
What is according to you more important in a cryptocurrency project between the idea and the team?
Would you invest in a project if there are only 3-5 persons or would you rather trust a big team?
I have those questions in mind when comparing other projects such as Yahoo or Snapshat. They were a small group at the beginning and grew over time.
i think that it doesnt matter if your team is composed of only 3 to 5 persons, as long as your project is somehow unique and one of a kind. also you need to think of a concept that is trendy and indemand today to get attraction to the public. although ico's these days has got a bad reputation to the mass because some of them are scamming lately.
Hello all,
What is according to you more important in a cryptocurrency project between the idea and the team?
Would you invest in a project if there are only 3-5 persons or would you rather trust a big team?
I have those questions in mind when comparing other projects such as Yahoo or Snapshat. They were a small group at the beginning and grew over time.
What is according to you more important in a cryptocurrency project between the idea and the team?
Would you invest in a project if there are only 3-5 persons or would you rather trust a big team?
I have those questions in mind when comparing other projects such as Yahoo or Snapshat. They were a small group at the beginning and grew over time.
I think you mean founders, when you have funding you can always hire professionals to work for you
some important points:
have a strong vision and good communication
have a team that supports the vision and is commited
connect to other startups/organisations
be unique. try to write down the unique selling points as short and precise as possible
understand your competitors
have a strong vision and good communication
have a team that supports the vision and is commited
connect to other startups/organisations
be unique. try to write down the unique selling points as short and precise as possible
understand your competitors
There's now a lot of signs or lists in threads that will guide you to choose an ICO but what's most important for me is the timeframe. If I saw that their site is just made a while ago or almost one year, they won't pass to me and I won't make an investment with that type of projects.
First of all, the idea has to be unique or atleast making an existing idea, even better.
Secondly, the team should be experienced and motivated enough to make this idea a reality.
Thirdly, marketing. This is one that most people either miss or focus on completely. If your strength is product development, then hire a marketing agency (like mine) to take care of the marketing part of the project.
Only then, the project really reaches its true potential.
Secondly, the team should be experienced and motivated enough to make this idea a reality.
Thirdly, marketing. This is one that most people either miss or focus on completely. If your strength is product development, then hire a marketing agency (like mine) to take care of the marketing part of the project.
Only then, the project really reaches its true potential.
Hello all,
What is according to you more important in a cryptocurrency project between the idea and the team?
Would you invest in a project if there are only 3-5 persons or would you rather trust a big team?
I have those questions in mind when comparing other projects such as Yahoo or Snapshat. They were a small group at the beginning and grew over time.
What is according to you more important in a cryptocurrency project between the idea and the team?
Would you invest in a project if there are only 3-5 persons or would you rather trust a big team?
I have those questions in mind when comparing other projects such as Yahoo or Snapshat. They were a small group at the beginning and grew over time.
sometimes for traders they just follow where the money is but for investors which want a long term HODL a clear goal and use case is important. For me personally i want a project that really have real use case such as facilitating remittance and money transfer with low fees that would be at par or lower than the existing. Fast transfer/processing.
Never listen to chinese greediness
I believe its a community of users, if people don't actually use your cryptocurrency then it has failed woefully.
It is impossible to chose between team and the idea. The combination of this two is giving the greatest results.
Sometimes it happens that the idea is great, but the team is so poor that they just have no skills and knowledges to realize it. Or the team is pro, but the idea is so so and it just not in the demand and it all lead to big costs.
Sometimes it happens that the idea is great, but the team is so poor that they just have no skills and knowledges to realize it. Or the team is pro, but the idea is so so and it just not in the demand and it all lead to big costs.
A good question. The most important in project is how the company coming in pre ICO period and what others response about it . If they advertise it successfully by group who will work behind it, it may come with successfully in market. if the pre ICO is success then ICO period is important in same way.
Hello all,
What is according to you more important in a cryptocurrency project between the idea and the team?
Would you invest in a project if there are only 3-5 persons or would you rather trust a big team?
I have those questions in mind when comparing other projects such as Yahoo or Snapshat. They were a small group at the beginning and grew over time.
What is according to you more important in a cryptocurrency project between the idea and the team?
Would you invest in a project if there are only 3-5 persons or would you rather trust a big team?
I have those questions in mind when comparing other projects such as Yahoo or Snapshat. They were a small group at the beginning and grew over time.
In reality, having a large team working on a project does not assure or guarantee success. And it all depends on the nature of the project, why would you want a 10 man team for a 4 man job. Total waste, I believe, and the economics is completely off.
You add to the team when it is necessary to, no point having a big team if there is no value to it.
I saw the whitepaper about Cappasity and how do you thing it is a scam? https://artoken.io/whitepaper
dunno...but doesn't look like scam.. Cappasity established more than 3 years ago and already launched the platform, crypto looks like natural next step but not like scam
There many project in crypto that exist, in my perspective one most important in cryptocurrency project are, usability in real world and true innovating project. And ideas and project are exist in crypto for the sake of having a "project" but in the end the project remain useless as it dont have a usage in the real world even innovation. If you want to make a project it should be useful. Like for example Facebook that connect different people around the world in just one click. Its a simple idea that turns in to a million dollar company as it is very useful to everyone.
1. Vitality and originality of the idea. The project must solve the real problems of users better than existing solutions.
2. The team. Where everyone understands what he is doing.
3. Strong advisors in the crypto currency, subject area, marketing and the legal field. Or such professionals in the team.
2. The team. Where everyone understands what he is doing.
3. Strong advisors in the crypto currency, subject area, marketing and the legal field. Or such professionals in the team.
I feel it's the marketing...
A good coin without marketing won't still be recognised
A good coin without marketing won't still be recognised
You're wrong, marketing is just a way to raise awareness about the existence of your project. For me what's the most important thing is what will be the use and sense of your project? Do you really have to create that? After the project what's now then? I agree on him.
innovation and real usefulness!
This what should the upcoming projects should focus since most of them are just the same crap and that keeps on renaming their projects and keeps on relaunching.i have an innovative and useful coin but my marketing isnt developed so nothing works well, not even for the early development phase. So i have i am currently working mainly on marketing, the idea.
- It should be useful and bring an innovative solution that solves a real world problem
- There should be demand for this solution
- There should be enough knowledge about the particular market the product will be launched on.
- It should be clear how investors are rewarded, how to make a profitable company etc.
- There should be demand for this solution
- There should be enough knowledge about the particular market the product will be launched on.
- It should be clear how investors are rewarded, how to make a profitable company etc.
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