What is the most important in a cryptocurrency project? - page 2.

arwin100

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Quote from: RedX on October 05, 2017, 08:17:01 PM

Quote from: MisterKT on September 17, 2017, 08:34:57 AM

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.

It doesn't matter to me if the team behind the project are dozens of people or 2-3. What important for me is their backgrounds, if their skills fit perfectly on the project because I want to be sure that they know what they are doing. I don't want those types of team who are starting a project then announcing that they need a person that is able to conduct the project.

For me it matters but aslong the team consist of popular and skilled guys then that could be a good plus since they can work easily and accurately with their product since they could assign each other on different task, And its pity and feel sorry for those investors to go with the guys who's seeking some help here since it means that they cannot back their project up and this one could be our indicator that project is shit and the coin is more shittier.

dead_m92

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Probably the most important thing is just their transparency, i would never invest into a project that is never showing 100% transparency about their funds, how do they manage them, and how are they going to make revenue from their project. And obviously their devs should be nice people, and be very active too.. There are too many scammy icos at the moment, i dont know in which one to trust anymore.

RedX

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Quote from: MisterKT on September 17, 2017, 08:34:57 AM

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.

It doesn't matter to me if the team behind the project are dozens of people or 2-3. What important for me is their backgrounds, if their skills fit perfectly on the project because I want to be sure that they know what they are doing. I don't want those types of team who are starting a project then announcing that they need a person that is able to conduct the project.

shield132

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I think most important is to gain trust, in crypto it's more hard because of bitcoin nature, there is no way to get money back if you deposit somewhere. OP you asked if someone would invest in project where there are 3-5 man. I would say yes and there are many facts, usually bitcoin gambling websites are with some men but as you see people invest in their website to get profit (this proves gaining trust is main idea too).
The most important factor between idea and team is well organized plan.

boyptc

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Quote from: icekream on October 05, 2017, 10:47:41 AM

I feel it's the marketing...
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.

Quote from: BrewMaster on September 17, 2017, 09:50:37 AM

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.

KingScorpio

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Quote from: icekream on October 05, 2017, 10:47:41 AM

I feel it's the marketing...
A good coin without marketing won't still be recognised

that is so true u can have the best idea that is most useful its nothing if u cant market it and cant build a community to spread it, that is unfortunately quite tough and humans arent born with that skill

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icekream

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I feel it's the marketing...
A good coin without marketing won't still be recognised

KingScorpio

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If you are a talented Developers and you want to join and grow an emerging good. cryptocurrency project? PN me

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1BTC EQUALS 1CAR

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The dev/s should be active. If people are asking them about the project and they did not give time to answer then it just mean to me that they are just after the money.

bolashak

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Я бы влoжилa в тaкyю пpoeкт.Пocлe ceбя тянeшь зa coбoй peфepaлы.Haчинaющиe пpoeкты инoгдa бывaют ycпeшнoй.Bceгдa нyжнo пoпpoбoвaть.

stacy_nik

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My opinion is following:
1. People who are engaged in the project should be multifuctional and professional. They should have a great desire to work with it. Thus, the process will be faster and more qualitative.
2. The project should be useful and innovative.
3. The project should be come-at-able and necessary+important for society.
4. The marketing compaign should be well-done.
5. The transparency of the project is so important for the investors.
6. Clear plans, numbers, definitions and etc.

Henrik Rorvik

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A product is very important, but at the moment you need to decide if you wanna invest or not there could be just a project of product. That's why I would prefer to be sure that there is a great team, be confident in their experience and reputation

jal007

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Quote from: MisterKT on September 17, 2017, 08:34:57 AM

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.

bubles hhhhhhhhhh

jituroych

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nothing is good if the project has no future viability, i am a good team wont succeed without a nice project and vice versa.

freemanjackal

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Quote from: hatshepsut93 on September 17, 2017, 12:24:34 PM

Quote from: MisterKT on September 17, 2017, 08:34:57 AM

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.

The most important thing for me is to set realistic goals. When I see that some group of people with no background promise to revolutionize and disrupt some big industry and connect billions of people, it sounds extremely suspicious. Also it's important to explain in depth how your project will work and why it is good, rather than just spamming buzzwords like decentralized, distributed, blockchain, tokenize and so on. And in the best case scenario you would have some working prototype to present before potential investors to prove that you are able to deliver your project.

agree, there are a lot of projects promising the world, just bullshit...

tstang

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team! the personality of founders, their experience is the main point you can say the project has a great future...

ap3311

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it was small in time but then it grew up yeah you're right. snapchat and many garage companies were established and grown this way.but I dont remember that no garage firm started an ico. they have not invested in these projects from us either. so I think that today's conditions should not be compared with today. That's why I will invest in a real prospecting team of projects. how many people are there and the most important question is:? Are they real people? or the fake people created in some way.

BLAST2MARS

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The team should be transparent and credible with real profiles. They should always answer questions from possible investors.

boulecoin

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Quote from: BrewMaster on September 17, 2017, 09:50:37 AM

innovation and real usefulness!

anything that you see that is succeeded is because they have had some usage in real world and that created demand for them.

for example when Apple created iPhones there was a lot of innovation in them. and there is usage for them too which creates the demand. people like having a small thing that has a ton of stuff in it they use (phone, camera, planner, internet, music, games, ....).

you can gather all the brains in the world and start a project but as long as that project doesn't provide anything that anybody wants it will be useless.

Can't agree with this more

Philip Graham

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