Bitcoin Forum

How important are partnerships when it comes to investing in ICOs?
Do you need to see strong connections in place before investing, or is the strength of the idea alone enough to make you invest?

For example, I know a lot of people are interested in Zeex (www.zeex.me) because they have partnerships ready to go with two major giftcard distributors who offer brands such as Amazon and Starbucks. Yet I've noticed some other projects that don't seem to have a lot to show at ICO also get a lot of interest. Me personally, I like to see things in place before I make decisions and Zeex has a really solid foundation to build their protocol on 8)

Totally agree with you about Zeex. Their sister company Zeeks is already firmly established.  For me this is one ICO that is worth investing in

Most of the information everybody wants is a connection, this project has connected to a big and known establishment or let's say the group so this make the percentage of becoming a successful project increases, I do hope some ICO project make partnerships with companies so usage of crypto will spread like a wildfire.

Honestly I do believe that partnerships play one of the key roles in pumping certain token or coin price. This is not only good for the price but for the project gaining attention by other people. Now it is becoming hard to break the noise and these partnerships can come really handy in the process.

Partnership is a great way to promote and have a n additional background for a project. If a big company backs up a project that only means that it will have a good potential in the market.


Me too I would like to see things in place before deciding, as getting partnership may increase the chances of success of an ICO there are still factors that you still need to evaluate, because not all partnership is good to a project.

I don't know why I think y'all are shilling that project. I don't see how it's connected to the topic about partnerships since nearly all blockchain platform has partnerships. As for the questions, Partnerships are good but It's not the only thing required for the success of any project. Everything needs to be done right, marketing, community building etc.

They say two heads are better than one and so with partnerships. ICOs with some big partner will have a lower chance of being a scam. Although we have a lot things to consider about choosing what ICO to invest, its a big part on making the right decision. Ill honestly go with some projects who partnered on a strong one.

Partnerships are really important i thought, to expand the community and makes the community even bigger and it can become an alternative way to earn new adopters.
Strong connection with a major platform will be really appreciated. But that depends on where the project is work. I suggest you to not overhyped and you should learn what was happening with litepay.us

Partnership is a good indicator to determine if an ICO is worth it. Most ICO that got partners are in talk with an established companies for parnership and these companies will do anything to see this infant companies to success so that they share in their success.

The two factors, idea and connections are of utmost importance. A project with a good idea should be able to sell. Most times, investors are in search of the use case of a project before investing into it. Also, connection attracts investors into investing in projects. A good connection before and after is enough to give the project credibility. The connections must be real.

A very nice introduction and way on how you do market your signature  ;D Partnerships is one of the factors i do always check out when i do tend to make investment because tendency of success would really be high if they do have partnerships specially into popular ones but still in the end the project idea is the most important because even though it dont have any partners but the idea is unique and do really have real life contributions or innovations then it would really be still considered.

of course a strong connection is in need. see related people in ICO and look for real data. because this is one of the requirements to avoid the scam ICO. because we will be very much in disadvantage if ICO is a scam. although the small amount but it's the profit from our work

I believe that in most cases concerning business partnership is one of the most way to gain the trust of the investors, because by using the influence of a business partner will strengthen the newly born project. Having a good concept and well-planned or well-organised project without a partners can gain small influence and small amount of trust from every interested investors. And I believe that having partners as part of plan is a great strategy.

Partnership helps the ICO or the project gain trust from investors because the partner of the project will use the tokens/altcoins. The more partners that will use the tokens/altcoins the better for the project and investors.

I don't think we are shilling this project. The OP simply stated her opinion that partnerships are great and suggested looking further into Zeex because of the partnerships they have. We all know we have to do out own research but when people point out something about a certain project they like I'm not sure that they are 'shilling' ;D

This is a great way to go about things 8)

I think that partnerships are really very important. They make a project more attractive for investors. As each new partnership usually positively affects a token price. Some partnerships can move a project on a much higher level of interest. So I would say that about 30% of success depends on partnerships.

Of course the partnership is very important. If the project has ready partnerships with well known companies, this will make it a lot easier and the project can benefit from the partners reputation.

Partnerships are great and they should be strategic. For example, Havven recently partnered with intimate token to utilize stablecoins. That's a strategic move for more adoption of their stablecoin.

https://blog.havven.io/announcing-intimate-io-e2dad1ff8bd5

partnership data as they can help determine the entrance to this company and can repel from the participation and support of this team .. I very often pay attention to this

Yes, a project without a good product to offer might not last long. There is every tendency for it not to last for more than a year. Therefore, the level of partnership will be low. The only reason investors might come i to invest into it is if there is much hype around it and this might make it a pump and dump coin. The only things that can keep a coin going and that will make it strong are strong team and good product to offer.

What is the other 70%?

When I choose a project for investment, I always pay attention to the Partnership. However, I am looking for different pieces of evidence.
Since it's easy to take a picture with Vitalik and display this photo as an example of "partnership". But this is total shit, not partnership.
Partnerships in crypto projects are always some form of insurance for investors.

From the beginning, new ICOs don't have any fame. Partnerships help them increase reliability. And that may be the only thing they can do. In many ICOs I have ever joined, the role of the partnership was very blurred. I don't know why we call them partnership. They rarely contribute to the project, I just know them through project's website, and nothing.

Anyway, the ICOs whose partnerships are famous are usually good. You should follow it.
 

It depends on the corporations they are partnering with. If the project is applicable in real-world scenario like in GRFT, wherein they have been recently certified with VeriFone, it made a huge impact. Also, marketing is important as well like in DIGIWAGE, wherein the marketing team is very active in advertising their platform for decentralized freelance workplace. These two coins I mentioned are having a very good run for the week and would probably continue despite the bloodbath across the cryptoverse. People will always seek for interesting projects with unique and innovative real-life applications.

It is a good way to pull more investors.
Popularity. Get a partner that is already known in the crypto world or outside. That way their investors could also see yours.
It will be easy to make some money out of that. Then the rest will be history. It will be like a landslide or be pulled by the wave.  ;D

Before you buy an ico because of partnership look at the project and how it relate to the company they are partnering with and the usability of the token it's self.

I do not think that partnership is so important point here, but noone will argue with the fact the more beneficial in any spheres the project is the better

To have partnerships on the crypto paradigm means to reach more mass. Partnerships will be stronger in the market at this time. It is imperative to establish a partnership for the future of the project.

It is good to have partnerships, not only in crypto but in life in general!
There are many other factors, like the team, project and marketing as well..

I think that smart contracts are very helpful, because this technology helped create a mechanism for safe transactions.

 We have made great progress in terms of cooperation and the crypt has become truly innovative in terms of partnership and cooperation.

Of course good partner is a really important thing that can make an ICO project become more attractive. Investors will not be really interested in an ICO project although it has really good idea but without a good partner behind it. But not all ICO project can become better although it has good partner, TRON is the biggest example for this case, it has very good partner but seem like it can help this cryptocurrency and project behind become better :(

I heard about Zeex as well, and for me I think that partnerships are very important. Of course that a project could be really good, and have none, but this should only be temporary. I mean if the project is important and has potencial, then it should get a lot of interest from other companies and partnerships should happen naturally. Of course that it also depends on the project goals. Let's just look to bitcoin, it has no real partnerships, because it's simply not suppose to have any. A currency doesn't need partnerships to work, it just needs adoption. But there are other projects, like stellar for example, or even Zeex, that get a lot stronger if they have the right partners working with them.

That's the only reason why an ICO becomes popular because of partnership. I won't mention a specific that do this type of marketing. They are hyping their coin through partnerships and you know what on how many partnerships they've got? I can't count but I won't mention that coin's name because I think that you already know what that coin is.This is rare, a token that was created for their business in real life. Only few ICO are doing this.

Partnership and cooperation in any market or business is vital, because basically we depend on each other and it is how it works.

I think that partnership and trust in the crypt as a whole are very important, regardless of whether ICO or trading it is.