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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: FiiiLab on August 10, 2018, 04:30:23 AM



Title: Is product a key factor for a project?
Post by: FiiiLab on August 10, 2018, 04:30:23 AM
Hey guys, for me is definitely a big yes. Personally feel that having a product is important for ICO project.

What's your view on this matter?


Title: Re: Is product a key factor for a project?
Post by: commander11 on August 10, 2018, 04:48:02 AM
Of course, I choose all the ICO that makes a product frontier rather than hype. All of the start-up that doesn't have a product a simply considered as shitcoin . Don't bother in that kind of project. It will leads to losses.

Product is important in gaining awareness specially in Utility Token.


Title: Re: Is product a key factor for a project?
Post by: Crown1 on August 10, 2018, 04:50:23 AM
I also prefer to invest in projects with products,since most of the time hyped projects have better returns but high risks, I am more willing to invest in the future of this project.


Title: Re: Is product a key factor for a project?
Post by: humber1 on August 10, 2018, 06:16:13 AM
From the current market feedback, the product is not a key factor in the project. Most ico projects are defined according to the price increase.


Title: Re: Is product a key factor for a project?
Post by: lukeclick on August 10, 2018, 07:07:36 AM
The product is the most importnt aspect of a project, thats for certain, if the product is poor then what will the project be selling? a high quality product is the magnet to the project that will make people want to come in and be a part of it


Title: Re: Is product a key factor for a project?
Post by: haidangtp on August 10, 2018, 07:12:26 AM
Whether a product is real or an activity actually takes place, the new project is worth considering. At the same time, the development team must also work continuously and update regularly on social networks.


Title: Re: Is product a key factor for a project?
Post by: Nalbo on August 10, 2018, 07:14:29 AM
Product is always the most important factor for a project.
The initial times of a token can be influenced by news and events but after a longer period, the token sustains only if the project has a working product or service. You can't fool everyone for a long time.


Title: Re: Is product a key factor for a project?
Post by: Jating on August 10, 2018, 07:15:38 AM
Hey guys, for me is definitely a big yes. Personally feel that having a product is important for ICO project.

What's your view on this matter?

A product that is unique, never been seen in the market and a real usage will be a good thing to look. As we all know that there are a lot of ICO projects being born every minute, however, most of them are just a complete spun of or just a copy of previous projects that's why it doesn't gain enough money for them.

Please also take note that I highlight real usage. It should not just be a product but it should have usage in real life so that it can really attract not just investors but people who are going to use it in their everyday lives. Medicine, renewable energies like solar energy on even on the livestock industry can be a good product to start with.


Title: Re: Is product a key factor for a project?
Post by: Benabod on August 10, 2018, 07:17:05 AM
Most definitely it is because a working product is a plus for every project because it serve as a catalyst to speed up the growth of the project, any project that have a product and business capital and tract record wont abandon project and run


Title: Re: Is product a key factor for a project?
Post by: dhemasm on August 10, 2018, 07:17:38 AM
The purpose of the ICO is to raise funds for a product, right? So the product is one of the key factors in ico aside from ROI in my opinion. If without a product, it means that ico is not clear, right? Actually this is the basic that should be known but this article might help you later: https://www.investopedia.com/news/what-ico/

Also Please Check here. Lately, SEC has launched fake ICO to educate investors and newbies like me, the details can be seen here: https://cryptocurrencynews.com/icos/ico-news/sec-launched-fake-ico-howey-coins/ And here: https://bitcointalk.org/index.php?topic=3920469.0


Title: Re: Is product a key factor for a project?
Post by: Benarand on August 10, 2018, 07:23:43 AM
In my opinion - the most important factor in the success of the ICO and the product in the future is the team.
There will be a good and experienced team, there will be a future for the product, and good marketing and everything else.


Title: Re: Is product a key factor for a project?
Post by: Tosin12 on August 10, 2018, 07:26:54 AM
I agree that a working product is a good factor for every project because it aids the continuity of the project after the ICO, most project become history after the ICO because they don't have a working product and not developing any


Title: Re: Is product a key factor for a project?
Post by: Herlina on August 10, 2018, 07:50:34 AM
Hey guys, for me is definitely a big yes. Personally feel that having a product is important for ICO project.

What's your view on this matter?
Of course, I think a new Cryptocurrencies will only be speculative assets if the project doesn't have a product because the market already has a lot of Cryptocurrencies that function for payment, remittances, and other basic Cryptocurrency functions, It's hard for a new Cryptocurrency to get adoption by relying on that function, so they must have a product to make their tokens useful and get adoption


Title: Re: Is product a key factor for a project?
Post by: talkbitcoin on August 10, 2018, 08:42:44 AM
key factor for what?

you should first clarify your goals in this market and then seek to fulfill those goals. in this way you will be a lot more successful.
for instance here why do you care about "product" of a project?
are you going to actually be using that product and use that ICO token for something in real life? if yes then you are correct to ask this question.

but are you looking for these things because you want profit? as in investing in an ICO that says it has a product so that you can have a better chance at profit?
in which case you are asking wrong questions because profit in altcoin market and among tokens is not ensured that way. the pumps ensure profit and nothing else. the group with the most pumping experience and more money to spare will give you the most amount of profit. that is sad but true.


Title: Re: Is product a key factor for a project?
Post by: nniecan001 on August 10, 2018, 08:47:30 AM
key factor for what?

you should first clarify your goals in this market and then seek to fulfill those goals. in this way you will be a lot more successful.
for instance here why do you care about "product" of a project?
are you going to actually be using that product and use that ICO token for something in real life? if yes then you are correct to ask this question.

but are you looking for these things because you want profit? as in investing in an ICO that says it has a product so that you can have a better chance at profit?
in which case you are asking wrong questions because profit in altcoin market and among tokens is not ensured that way. the pumps ensure profit and nothing else. the group with the most pumping experience and more money to spare will give you the most amount of profit. that is sad but true.
I think he/she shortcut the question and the explanation why he/she create this thread.  Well, I think that is "key factor to success" and that is one of the idiot post I've seen. Because the answer is obvious and need to discuss through the newbie area but not here in altcoin discussion. No offense, just to lessen the common thread here in bitcointalk.org.


Title: Re: Is product a key factor for a project?
Post by: Ally Loke on August 10, 2018, 09:16:26 AM
Of course, I choose all the ICO that makes a product frontier rather than hype. All of the start-up that doesn't have a product a simply considered as shitcoin . Don't bother in that kind of project. It will leads to losses.

Product is important in gaining awareness specially in Utility Token.

Hey, my thoughts are same as you, just done checking them, it's quite cool >> https://www.youtube.com/channel/UC7qJ5DmWT81e0XWTvinwpwg/videos


Title: Re: Is product a key factor for a project?
Post by: bandungan on August 10, 2018, 09:18:43 AM
Hey guys, for me is definitely a big yes. Personally feel that having a product is important for ICO project.

What's your view on this matter?

products can be the main life for ico, because I think we can provide a product that has a good and maximum concept. now if we don't have a good product, I might not be able to run optimally in acquiring investors. so the product is the key to the success of an ico.


Title: Re: Is product a key factor for a project?
Post by: FiiiLab on August 10, 2018, 09:36:40 AM
I also prefer to invest in projects with products,since most of the time hyped projects have better returns but high risks, I am more willing to invest in the future of this project.

Hey there, you might check this out and give some comments https://www.youtube.com/watch?v=-XRjkwzSOnE


Title: Re: Is product a key factor for a project?
Post by: mmacool on August 10, 2018, 12:12:52 PM
The product is the most important factor in the company. If the project has already finished products, and the property of the test, tests. This project can be at the very least trusted. And if the project does not have a product. But only ideas and promises, it's already a lottery will they have a product or just promises.


Title: Re: Is product a key factor for a project?
Post by: HadadC on August 10, 2018, 12:17:17 PM
I think its important but its not key factor. Main key factor is advertisement. People should support , invest to projects. If product is good but advertisement is bad so the project effected badly.


Title: Re: Is product a key factor for a project?
Post by: SeNeor on August 10, 2018, 12:18:39 PM
Hey guys, for me is definitely a big yes. Personally feel that having a product is important for ICO project.

What's your view on this matter?
Yes, I also agree with you on this that product is a key factor for a project because this will show how potential the project will be ad you know what the team are working towards. You will also know whether it is a good project or not before you invest in it.


Title: Re: Is product a key factor for a project?
Post by: Iyeman on August 10, 2018, 12:19:48 PM
Hey guys, for me is definitely a big yes. Personally feel that having a product is important for ICO project.

What's your view on this matter?
A simple answer about that if you can build a good product that can be used by so many people and it will be very useful for everyone and then you can generate a lot of revenue and you can try to do burn, dividend and many more. I should remind you that the product is very important.


Title: Re: Is product a key factor for a project?
Post by: SneakyRik on August 10, 2018, 12:28:53 PM
Product is THE key factor in projects since it determines whether people will eventually find the need to use it or not. Some good examples are Menlo One, Eloncity, WePower.  They have REAL products and people are gonna NEED them..


Title: Re: Is product a key factor for a project?
Post by: jessd7 on August 10, 2018, 12:32:32 PM
For me, it is a key factor when a project has a viable product. It is even more so if it has real life purpose cause it only means we have something tangible to look forward to, that we can at least see what the team is working on. It is also great if this product is something that everyone can use and that it can help with the adoption of cryptocurrencies into society's payment and banking system.


Title: Re: Is product a key factor for a project?
Post by: swissgang on August 10, 2018, 12:41:59 PM
There is no term like ico project, I would care more about team etc. rather than the project when investing in ico but in the long term project is very important.


Title: Re: Is product a key factor for a project?
Post by: NOTORIOUST1 on August 10, 2018, 12:50:22 PM
Hey guys, for me is definitely a big yes. Personally feel that having a product is important for ICO project.

What's your view on this matter?

i mean absolutely if a project doesn't have a product or a service to sell, then how can we expect it to make any kind of profit other that the money they get by selling their "only a utility token" i think every project that respects itself should at least have an MVP/Prototype and an accurate timeline for the finalisation of the work other than that i can't honestly trust the team to deliver.


Title: Re: Is product a key factor for a project?
Post by: Papcio77 on August 10, 2018, 12:52:22 PM
Yes the best thing about a project is product. What uses or feature are need to be usefull that something will exist no matter what. One kind of the best fit product is a currency created by a large company to let user use the coin to make a transaction payment. Like online shopping, example lazada use a crypto coin.  Not real just giving idea what a perfect ico was


Title: Re: Is product a key factor for a project?
Post by: Hamphser on August 10, 2018, 12:53:29 PM
Hey guys, for me is definitely a big yes. Personally feel that having a product is important for ICO project.

What's your view on this matter?
If you do invest into a particular ICO, then what mostly the thing you do seek on? Just an imaginary proposal of somethings that cant really be achieved or just pure promises of the team behind it?
Normal for us to seek out a working product, even though its only on initial state but we can somehow foresaw on what would be the team is in to rather than saying or promoting unrealistic ideas.


Title: Re: Is product a key factor for a project?
Post by: aizen10 on August 10, 2018, 12:58:55 PM
Yes, product is the key factor of the project, without products, the projects will drastically falls and can be considered as scam projects. More and more ico now are offering a good products and services for their projects, so its really hard to choose which is the real one and the scam one without products yet. But if the projects had already the products before the ico, that projects will obviously real and has a potential to attract more investors to invest in.


Title: Re: Is product a key factor for a project?
Post by: mace15 on August 10, 2018, 01:02:34 PM
Yes this is a key factor for a project to have a product which really shows a serious project. This is also to raise awareness to the investors that project is really worth investing. Without product you are investing with no assurance to recieved good reward.


Title: Re: Is product a key factor for a project?
Post by: fuer44 on August 10, 2018, 01:03:34 PM
yes of course, the product offered will affect investor interest to help make the project successful. arguably, the product has a major role in the development of the project.


Title: Re: Is product a key factor for a project?
Post by: DmitriySar on August 10, 2018, 01:12:49 PM
The product is one of the important components when choosing ICO. In some projects there are beta versions even before the launch of the ICO, so that the public can evaluate the product.


Title: Re: Is product a key factor for a project?
Post by: dongoofy on August 10, 2018, 01:15:21 PM
Hey guys, for me is definitely a big yes. Personally feel that having a product is important for ICO project.

What's your view on this matter?

Product is everything of an ICO project. Without the product or service, there is no ICO project in the first place so I say it's not just important. It's exactly what an ICO project is all about.


Title: Re: Is product a key factor for a project?
Post by: Lhaine on August 10, 2018, 01:15:47 PM
Yes the best thing about a project is product. What uses or feature are need to be usefull that something will exist no matter what. One kind of the best fit product is a currency created by a large company to let user use the coin to make a transaction payment. Like online shopping, example lazada use a crypto coin.  Not real just giving idea what a perfect ico was

For me having a product on ico is good and many investors looking for a product before they invest their money, I can say that product can be the reason for the success of ico.


Title: Re: Is product a key factor for a project?
Post by: Abu Shadow on August 10, 2018, 01:19:21 PM
Hey guys, for me is definitely a big yes. Personally feel that having a product is important for ICO project.

What's your view on this matter?

This should be the their main goal of the team is to launch their product and follow what is written in the whitepaper if they want to get successful not unless they want a exit scam as no product needed.


Title: Re: Is product a key factor for a project?
Post by: jouns on August 10, 2018, 01:52:49 PM
Yep, first of all when I choose a project for investment, I look at the availability of MVP and do not believe those guys who promise mountains of gold but after we will invested them. And I really like the presence of many advisors in the project.


Title: Re: Is product a key factor for a project?
Post by: Bawang on August 10, 2018, 02:02:32 PM
Yes. I think it is one of the main factor of a project. Also, good products identifies good project. It wouldn't even consider to be a project if not for the product and vice versa. In addition, the product introduces the project itself and you actually create a project because you delivers products.


Title: Re: Is product a key factor for a project?
Post by: Serenus on August 10, 2018, 02:07:08 PM
It is not always so. Some projects are successful and without a product at first time. It is very important how the project is promoted.


Title: Re: Is product a key factor for a project?
Post by: jaocoincrypto18 on August 10, 2018, 02:10:09 PM
Hey guys, for me is definitely a big yes. Personally feel that having a product is important for ICO project.

What's your view on this matter?

Yes it is! The ICO project should have a product or commodities that are feasible to the masses in which it will attract more people to invest on that certain ICO. If the product is no good then for sure many investors will choose not to join the project that even it is not a scam but if it has no potential to make their money to grow then the project will be good as a failure in the future.


Title: Re: Is product a key factor for a project?
Post by: Jeremiesaranza on August 13, 2018, 07:05:17 PM
Nowadays the product becoming more important because people have lost too much money investing in whitepapers and there is not a lot of fresh money entering the market rn. Hype is stal important I suppose


Title: Re: Is product a key factor for a project?
Post by: Treasurer on August 13, 2018, 07:56:06 PM
For me, as an investor, the most important criterion for a serious current project is the availability of a finished product or at least a beta version of the product. I believe, developers don't need to collect millions of dollars for this.


Title: Re: Is product a key factor for a project?
Post by: MB2017 on August 13, 2018, 07:58:36 PM
For ICO project many factors are really important. With a working product give more trust to the investors in the project. I saw many teams who didn't perform well in the token sale. But they had the product and worked hard again on product and in the next sale, they did it. Although for success ICO product is important but with that success is not 100%  ;)


Title: Re: Is product a key factor for a project?
Post by: alex_kir on August 13, 2018, 08:00:08 PM
The product is part of the project and no one can change it, the developers are now trying to distort this understanding, but this is part of the project and it will always remain for them. Because the developers must do the project.


Title: Re: Is product a key factor for a project?
Post by: Way2Paradise on August 13, 2018, 08:04:07 PM
Hey guys, for me is definitely a big yes. Personally feel that having a product is important for ICO project.

What's your view on this matter?

a ico is certainly better off, if you have a finished product or at least something can show. this will in any case raise confidence in a ico and investors will also find it easier to invest in such an ico. but unfortunately many projects start without being able to show anything and are surprised if they can not collect money through their ico.


Title: Re: Is product a key factor for a project?
Post by: estupido on August 13, 2018, 08:05:12 PM
Hey guys, for me is definitely a big yes. Personally feel that having a product is important for ICO project.

What's your view on this matter?

Of course, the product is the most important aspect of a project, if the product is ugly and not qualified, the ICO will not be interested in it.


Title: Re: Is product a key factor for a project?
Post by: Golstrim on August 13, 2018, 08:09:50 PM
In theory yes, but look at EOS, they even didn't finished ICO once hitted top 5 CMC, they still don't have product( for common use) and all of this is about hype and team stands above this project.
My conclusion is that price can grow even without working product


Title: Re: Is product a key factor for a project?
Post by: happy weblancer on August 13, 2018, 08:11:29 PM
Hey guys, for me is definitely a big yes. Personally feel that having a product is important for ICO project.

What's your view on this matter?

Yes it is! The ICO project should have a product or commodities that are feasible to the masses in which it will attract more people to invest on that certain ICO. If the product is no good then for sure many investors will choose not to join the project that even it is not a scam but if it has no potential to make their money to grow then the project will be good as a failure in the future.

I think so too. If the project doesn’t have a finished product or if such product doesn't appear during the bounty campaign, then I don't invest in such a project. Most often, such projects are fraudulent, and "developers" disappear with money. The finished product or the beta version of the product is the key to a successful ICO.


Title: Re: Is product a key factor for a project?
Post by: pelumi20 on August 14, 2018, 04:28:50 PM
Definitely, product is a key factor for a good project. Most projects just starts their token sale without being ripe for it. A product shows that the project is not just an idea but already reality. It shows the effort of the team towards making the project a success. It is rare to find projects with a good product this days.


Title: Re: Is product a key factor for a project?
Post by: RandyGamage on August 14, 2018, 04:34:07 PM
Yes of course, without a product what is the meaning of that project? So big YES is the answer for your question. but I have seen even though there is a no proper product some crypto projects are going well. it is all about marketing. but no sure how long that project popularity exists?


Title: Re: Is product a key factor for a project?
Post by: zeze18 on August 14, 2018, 04:36:00 PM
Hey guys, for me is definitely a big yes. Personally feel that having a product is important for ICO project.

What's your view on this matter?

It's not an important thing to have, but it's a must thing to have.
Every project should have their product to sell, so they will sell a product when ICO not just selling a whitepaper and roadmaps


Title: Re: Is product a key factor for a project?
Post by: loveinberlin on August 14, 2018, 04:37:59 PM
I think that product is the key factor for any project, as for me it is obvious. I think that the main factor is the quality of the product. To my mind, you need to check it before taking a decision to get it


Title: Re: Is product a key factor for a project?
Post by: MariaSerebrennikova on August 14, 2018, 04:39:13 PM
Of course, I agree that the project should have a very popular and interesting product and it is very important for the success and future of the project! But it is equally important that the project has a strong and talented team.


Title: Re: Is product a key factor for a project?
Post by: MasterICO on August 14, 2018, 04:47:27 PM
Hey guys, for me is definitely a big yes. Personally feel that having a product is important for ICO project.

What's your view on this matter?

yes for me is the product and the services offered because its not and artificial hype through this working product and services you created a chain of users or demand base users for a long term goal.


Title: Re: Is product a key factor for a project?
Post by: BogdanGFTP on August 14, 2018, 04:49:16 PM
I think the team is more important than product in startups. You could have the best product but if you do not have much experience or intuition how to develop, improve and sell your product you will be replaced by competitors from the market.


Title: Re: Is product a key factor for a project?
Post by: Lumiisay on August 14, 2018, 05:05:08 PM
Hey guys, for me is definitely a big yes. Personally feel that having a product is important for ICO project.

What's your view on this matter?

I totally agree with you on this. A project having a working product is one of the major factor I consider before deciding whether to invest my money in a project or not.


Title: Re: Is product a key factor for a project?
Post by: AgentZero23 on August 14, 2018, 05:26:46 PM
Hey guys, for me is definitely a big yes. Personally feel that having a product is important for ICO project.

What's your view on this matter?
Nowadays where majority of ICO's failed and some become scam projects. Having a working product that's is timely and achievable is very crucial. Investors now are very smart and picky, they want to support projects with actual product. They are looking for a long-term project or start up to support and not just for quick profit.


Title: Re: Is product a key factor for a project?
Post by: Borisov on August 14, 2018, 05:56:00 PM
of course Yes, and it is better that he had already worked not just on paper and in real life.Utilities token, such projects are usually not Scam


Title: Re: Is product a key factor for a project?
Post by: itssawai on August 14, 2018, 05:58:33 PM
Yes if a project has to compete in the market for a longer time than product is a must, projects with no real product or just market hype can become superstar but that stardom won't last long. For a longer and sustainable run, real projects with real use cases and product is a key.