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Topic: What is the most important in a cryptocurrency project? - page 3. (Read 3436 times)

full member
Activity: 182
Merit: 100
There are a lot of things which could be called as important. But, I believe dedication, passion, and willingness to do something makes the cut, at least for me.

Most people think having knowledge is enough, but without passion and the desire, it will mean very little. It will more be like a robot programmed and such ways only get you to limited levels in life. The person with passion and desire got no limits, as there is no boundary line for him!
full member
Activity: 347
Merit: 109
Being peer reviewed and then fully tested.
sr. member
Activity: 400
Merit: 250
Play2Live presale starts on 5th December
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.

I think I wanna share my opinion:

1. Unique and Innovative
2. Clear vision and mission
3. Real and usefull benefit for society
4. Solid team for marketing
full member
Activity: 448
Merit: 140
the most important in a cryptocurrency project is
1. a real project built by a strong and solid team. because if the project has a solid team then they can work well together.
2. transparency is also required. investors will be interested in investing in a transparent project that does not hide anything.
3. clear road map
4. clear and measurable vision and mission.

I will add
- good and famouse  advisers
- planned marketing campaign
- 24/7 support and community replies
- attractive  WP and website
full member
Activity: 140
Merit: 100
I saw the whitepaper about Cappasity and how do you thing it is a scam? https://artoken.io/whitepaper
member
Activity: 197
Merit: 10
the most important in a cryptocurrency project is
1. a real project built by a strong and solid team. because if the project has a solid team then they can work well together.
2. transparency is also required. investors will be interested in investing in a transparent project that does not hide anything.
3. clear road map
4. clear and measurable vision and mission.

Think in the same way.
sr. member
Activity: 728
Merit: 252
the most important in a cryptocurrency project is
1. a real project built by a strong and solid team. because if the project has a solid team then they can work well together.
2. transparency is also required. investors will be interested in investing in a transparent project that does not hide anything.
3. clear road map
4. clear and measurable vision and mission.
full member
Activity: 154
Merit: 100
The most important thing for me is who are the founders of the project, what is their background, did they do something meaningful before the ICO... The team is the key reason I'll choose the ICO!
full member
Activity: 742
Merit: 100
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.

I think it need really  useful, practical and new; give people confidence in the platform and the development team of the project. One thing that is indispensable is that you need to build a community for it with campaigns like signature campaigns, media campaigns....
newbie
Activity: 31
Merit: 0
The most important thing for me is an innovative project with a developer updating his code frequently on github, transparency !
newbie
Activity: 22
Merit: 0
An idea that can be utilized by other crypto projects is a good thing to look for. For a project to succeed, the team behind it need to be committed and believe in their product! Of course, from the investor perspective, this can be very hard to gauge. If the developers have frequent and open communication with the community then it can be a positive sign.
full member
Activity: 322
Merit: 179
The most important thing I look out for is the business idea. It must be innovative and able to disrupt the market.
hero member
Activity: 1218
Merit: 557
It should be indeed useful for people.

This is the first thing that I look into it the usefulness for the people in the long run. How can it solve the problem which people are facing currently and then comes the team. Having a right balance of team members is equally important to run the company for longer time. Also Vision is what makes a difference in time of crisis or difficult situation.
full member
Activity: 504
Merit: 100
It should be indeed useful for people.
member
Activity: 126
Merit: 10
It has to be something I would use, so I really look at token applicability, preferably outside of their platform (or at least if there are plans for that) and I also look at mass appeal.

These are the 3 things I look for in an ICO (in no specific order).
- Token applicability.
- Concrete idea with realistic goals (I prefer if it is a product / project that is already out there).
- Solid team.



how would you define the applicability of tokens?
full member
Activity: 420
Merit: 110
It has to be something I would use, so I really look at token applicability, preferably outside of their platform (or at least if there are plans for that) and I also look at mass appeal.

These are the 3 things I look for in an ICO (in no specific order).
- Token applicability.
- Concrete idea with realistic goals (I prefer if it is a product / project that is already out there).
- Solid team.

member
Activity: 126
Merit: 10
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
copper member
Activity: 55
Merit: 0
Project has to solve a real problem, or create an alternative solution to an existing problem which has been solved by someone else.  This solution has to be enticing enough for users to change its habits. Also no matter how big or small project is team is everything!  There are a lot of great ideas out there but very few people who can actualize them.  Size of the team makes no difference.   
full member
Activity: 161
Merit: 100
I agree with that one person, It's all about having a good product if you have that all the rest will fall into place.
newbie
Activity: 21
Merit: 0
Solve a problem that people have, in a simpler way than before, aim much simple. So simple that it makes no sense to use the old ways.

If the solution to the problem you are solving is just an incremental solution to the already existing ones, then most likely you will fail.

It is better to spend quite some time on the white board before even thinking to get near a keyboard to code.

Solve a problem in a way that, when you explain it to knowledgeable people they would react somethink like 'I wish that existed' or 'If only' or 'I want in'.

Take care and keep going Smiley
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