Topic: What it cost in fiat money to make a crypto project? - page 3. (Read 308 times)
I don't think there's any fixed cost for this because everything will depend on what you are working on, the team and the level of fund earn mark for the project which will includes its development and strategic marketing.
Suppose you have an idea? Or suppose you decided to make money in an easy way after watching a massive number of scam projects? I hope you do not want to be stupid)
Let's say i would love to make a project i have great idea what will be the cost to make an asset plus website ?
At least 4000$ is required for managing and creating the crypto website. Professional developers charge an enormous salary for managing the crypto website from my experience. It will take more than 70k$ at least.
Once I read a topic in which a guy said that to start a successful crypto project you need about $50-100 thousand. He also said that the development and support of the project needed about $500-700 thousand.
Indeed a team is needed, but a trusted team, and the costs depends what kind of coins you want to do and also if you plan to list the coin on a paid exchange on your own or after more time, this can also costs way more if plan to list on bigger exchanges.
In my view, the first thing that you should do is to make a team. However, it will be easier to develop everything with some people on your team than you do everything yourself. The second thing is to look for a partnership to make people trust in your project. People will be hard to trust in your project without good support from trusted parties, except if you already have a big company. And the third one is to build a community. In crypto space, a community for a project is a must to strengthen your project and guarantee its sustainability in the future.
Let's say i would love to make a project i have great idea what will be the cost to make an asset plus website ?
If you have your own hardware and your knowledge. that will be enough for you to create a platform. the fact that there are some platforms that created by a single developer and that's working perfectly just like byteball. that depends on your skill dude.
The best solution for you is to make a general cost of expenses looking at the project that you have in mind. Your vision, mission and what you want to achieve comes in play. Making a project in the cryptosphere is quite expensive and sightly competitive because you definitley have to fight with a whole number of upcoming projects in order to gain the needed attention.
You don't have any idea on how to estimate the cost of that project. Although you have a very good idea, the problem lies on how you will execute it properly. Why there's a need for you to create that project?
A big project would cost more than $1-M depending on the expenses including marketing, PR team and other advertising stuffs exluding the cost of the project itself. Do you think that you will have that estimated budget to execute your idea?
Sorry don't need to be a big project we need good idea, i know many project where cost was less than 1000$ and now are huge project! Don't need advertising or expencive advisor. Facebook or twitter where made with just few hundread dollars and today are the most valuable company. A big project would cost more than $1-M depending on the expenses including marketing, PR team and other advertising stuffs exluding the cost of the project itself. Do you think that you will have that estimated budget to execute your idea?
You don't have any idea on how to estimate the cost of that project. Although you have a very good idea, the problem lies on how you will execute it properly. Why there's a need for you to create that project?
A big project would cost more than $1-M depending on the expenses including marketing, PR team and other advertising stuffs exluding the cost of the project itself. Do you think that you will have that estimated budget to execute your idea?
A big project would cost more than $1-M depending on the expenses including marketing, PR team and other advertising stuffs exluding the cost of the project itself. Do you think that you will have that estimated budget to execute your idea?
It depends. You can start something major without spending too much.
1) You need some ETH in order to launch your smart contract
2) Announce your project here on Bitcointalk for free
3) Get a free email to respond to requests
That's all you need really : a smart contract. Launching a smart contract will cost you some gas, you can calculate how much in online calculators.
Everything else is extra. A nice site, social media managers, a incentives program, etc
But if your project is good then it'll fly without any of the fluff. Bitcoin did.
1) You need some ETH in order to launch your smart contract
2) Announce your project here on Bitcointalk for free
3) Get a free email to respond to requests
That's all you need really : a smart contract. Launching a smart contract will cost you some gas, you can calculate how much in online calculators.
Everything else is extra. A nice site, social media managers, a incentives program, etc
But if your project is good then it'll fly without any of the fluff. Bitcoin did.
If the idea is quite good you can pay team with the tokens should be not a problem! The major cost it would be a professional website
If it will be serious project, cost $1 million, I don't think it will be enough, because many things will be prepared and need more money, especially if you need a team and experts. We know this time most experts have expensive fees.
It depends. You can start something major without spending too much.
1) You need some ETH in order to launch your smart contract
2) Announce your project here on Bitcointalk for free
3) Get a free email to respond to requests
That's all you need really : a smart contract. Launching a smart contract will cost you some gas, you can calculate how much in online calculators.
Everything else is extra. A nice site, social media managers, a incentives program, etc
But if your project is good then it'll fly without any of the fluff. Bitcoin did.
1) You need some ETH in order to launch your smart contract
2) Announce your project here on Bitcointalk for free
3) Get a free email to respond to requests
That's all you need really : a smart contract. Launching a smart contract will cost you some gas, you can calculate how much in online calculators.
Everything else is extra. A nice site, social media managers, a incentives program, etc
But if your project is good then it'll fly without any of the fluff. Bitcoin did.
Let's say i would love to make a project i have great idea what will be the cost to make an asset plus website ?
it depends on you if you don't want to have a team or you want to do that by your self there is a website that can make you coin walletbuilder,
with 0.0151 BTC you can get a coin with the algorithm Quark, Scrypt, SHA-256, and X11. The last you just need a website
if you want/need a team you can read this article How much will it cost to launch my own cryptocurrency?
Yes i did use it before, with waves you can make a coin for just a coin but i would like to use a coin compatible with eth blockchain, what do yuo think is more used?
Maybe you can watch this video https://www.youtube.com/watch?v=d5EipPVafsA
in ethereum, you can try to create a token first in the testnet network after that you can try it in the main network
Well, there are actually a lot of almost free platforms you could use.
For example, on Waves, it only costs 1 wave to create a token. 1 wave is around $2 right now.
There are some platforms with some pretty strong communities already built that you could jump into.
Steem would be a good one.
You wouldn't have to create your own website.
Just create a steem account and start publishing content for whatever your project is.
Tron is also picking up a lot hype, you could check that one out.
Or, if you really want to be hardcore, you could fork an existing blockchain, run nodes, create your own website to promote it, then build a community.
But nowadays, people just use platforms because its easier, cheaper, and faster.
Yes i did use it before, with waves you can make a coin for just a coin but i would like to use a coin compatible with eth blockchain, what do yuo think is more used? For example, on Waves, it only costs 1 wave to create a token. 1 wave is around $2 right now.
There are some platforms with some pretty strong communities already built that you could jump into.
Steem would be a good one.
You wouldn't have to create your own website.
Just create a steem account and start publishing content for whatever your project is.
Tron is also picking up a lot hype, you could check that one out.
Or, if you really want to be hardcore, you could fork an existing blockchain, run nodes, create your own website to promote it, then build a community.
But nowadays, people just use platforms because its easier, cheaper, and faster.
Well, there are actually a lot of almost free platforms you could use.
For example, on Waves, it only costs 1 wave to create a token. 1 wave is around $2 right now.
There are some platforms with some pretty strong communities already built that you could jump into.
Steem would be a good one.
You wouldn't have to create your own website.
Just create a steem account and start publishing content for whatever your project is.
Tron is also picking up a lot hype, you could check that one out.
Or, if you really want to be hardcore, you could fork an existing blockchain, run nodes, create your own website to promote it, then build a community.
But nowadays, people just use platforms because its easier, cheaper, and faster.
For example, on Waves, it only costs 1 wave to create a token. 1 wave is around $2 right now.
There are some platforms with some pretty strong communities already built that you could jump into.
Steem would be a good one.
You wouldn't have to create your own website.
Just create a steem account and start publishing content for whatever your project is.
Tron is also picking up a lot hype, you could check that one out.
Or, if you really want to be hardcore, you could fork an existing blockchain, run nodes, create your own website to promote it, then build a community.
But nowadays, people just use platforms because its easier, cheaper, and faster.
It depends on where you stay and the bills there
I believe if you can get this to the service section; you will get precise answer from experts
It should be around 1,000$ for a start, you need a website, Internet and get it right from the start
I believe if you can get this to the service section; you will get precise answer from experts
It should be around 1,000$ for a start, you need a website, Internet and get it right from the start
Let's say i would love to make a project i have great idea what will be the cost to make an asset plus website ?
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