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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: tk808 on August 28, 2019, 08:12:52 PM



Title: What Makes a Successful Crypto
Post by: tk808 on August 28, 2019, 08:12:52 PM
There are 3 components that every good crypto project continues to improve on

1) Technical capabilities & Delivering on Technical goals
2) Marketing, Community and Adoption
3) Integration, Partnerships, Usability and Company Structure


From these 3 distinct categories, there's a whole infrastructure and sub-categories that can be stemmed. Ultimately, there are teams who solely focus on 1/3 areas and neglect the others; this is ultimately what we call shitcoins. Most top 50-100 coins have at least captured 2/3 of these areas, with only a select handful of gems attaining or about to attain all 3 levels of success.

Ultimately, every project I see can be defined by these basic and generic overview of essential capabilities I view. Again, I want to stress there are several areas to emphasize within these categories there are numerous of sub-categories, such as legality, financials, revenue, market share, competition and a whole host of other factors that make up any successful business


Title: Re: What Makes a Successful Crypto
Post by: Korkorjkk on August 28, 2019, 09:27:53 PM
What basically contributes to the success of the project is the team behind the project and the expertise they have. Each and every member of the team should be able to play their roles specifically to make the project successful. The team also needs some funds too.


Title: Re: What Makes a Successful Crypto
Post by: Upgate on August 28, 2019, 09:33:48 PM
The three components you gave are building blocks to a successful cryptocurrency and if project can activate these components into achievable goals then they can build a great project


Title: Re: What Makes a Successful Crypto
Post by: Aveatrex on August 28, 2019, 09:40:12 PM
We can also add to the list - Idea & Concept and realism.We see alot of ideas or projects that are just unrealistic and are ought to fail and shit ideas with no real value added are just pollution to the crypto market.A successful project has to be thought of in deep in terms of ideas before even starting out development or marketing,something most of projects don't do and are headed to making a quick buck out of a empty project.


Title: Re: What Makes a Successful Crypto
Post by: Bountyhonter on August 28, 2019, 11:11:16 PM
The building block of a successful project is it's use case and the knowledge and experience of its team.


Title: Re: What Makes a Successful Crypto
Post by: Gi01 on August 28, 2019, 11:44:13 PM
There are 3 components that every good crypto project continues to improve on

1) Technical capabilities & Delivering on Technical goals
2) Marketing, Community and Adoption
3) Integration, Partnerships, Usability and Company Structure



These definitely describe the characteristics of what every new crypto project needs to become a successful  project or have a usable coin in the mainstream crypto market but I think the relevance of the project in solving real life gaps seen in both the crypto space and the entire world should also be included in this list. The relevance of a new project give investors and the general public a good reason to invest and buy into the idea of this project.


Title: Re: What Makes a Successful Crypto
Post by: NoirSuccubus on August 29, 2019, 08:47:23 AM
I often use this knowledge when researching various projects. With this knowledge, it's very easy to predict the success of a project. I noticed that many projects only think about advertising, forgetting about everything else.


Title: Re: What Makes a Successful Crypto
Post by: Annexia on August 29, 2019, 08:57:03 AM
There are 3 components that every good crypto project continues to improve on

1) Technical capabilities & Delivering on Technical goals
2) Marketing, Community and Adoption
3) Integration, Partnerships, Usability and Company Structure


From these 3 distinct categories, there's a whole infrastructure and sub-categories that can be stemmed. Ultimately, there are teams who solely focus on 1/3 areas and neglect the others; this is ultimately what we call shitcoins. Most top 50-100 coins have at least captured 2/3 of these areas, with only a select handful of gems attaining or about to attain all 3 levels of success.

Ultimately, every project I see can be defined by these basic and generic overview of essential capabilities I view. Again, I want to stress there are several areas to emphasize within these categories there are numerous of sub-categories, such as legality, financials, revenue, market share, competition and a whole host of other factors that make up any successful business

I really agree with you. Especially on the Marketing aspect and Community.


Title: Re: What Makes a Successful Crypto
Post by: UniversityCoin on August 29, 2019, 09:26:58 AM
There are 3 components that every good crypto project continues to improve on

1) Technical capabilities & Delivering on Technical goals
2) Marketing, Community and Adoption
3) Integration, Partnerships, Usability and Company Structure


From these 3 distinct categories, there's a whole infrastructure and sub-categories that can be stemmed. Ultimately, there are teams who solely focus on 1/3 areas and neglect the others; this is ultimately what we call shitcoins. Most top 50-100 coins have at least captured 2/3 of these areas, with only a select handful of gems attaining or about to attain all 3 levels of success.

Ultimately, every project I see can be defined by these basic and generic overview of essential capabilities I view. Again, I want to stress there are several areas to emphasize within these categories there are numerous of sub-categories, such as legality, financials, revenue, market share, competition and a whole host of other factors that make up any successful business

You need to add the 4th item to your list:
The presence of a large amount of money to achieve their goals. This money can be obtained both from large investors, and use your own.
I have repeatedly noticed that projects that are weaker in technical terms, with a lesser-known team and weaker goals, spent a lot of money on marketing and advertising, and thus attracted more investors than other projects.


Title: Re: What Makes a Successful Crypto
Post by: Khuongcute2503 on August 29, 2019, 09:34:36 AM
What basically contributes to the success of the project is the team behind the project and the expertise they have. Each and every member of the team should be able to play their roles specifically to make the project successful. The team also needs some funds too.
Exactly, if team members do not specify and specialize in their work, the project will be very bad. However, a large partner still has a great influence on the project and that cannot be denied.


Title: Re: What Makes a Successful Crypto
Post by: Stanlo on August 29, 2019, 09:52:13 AM
I belief that nothing is perfect in this world so no matter how great a project is anything can still happen that can drag a project to its knee but what many developers lacks nowadays is plain truth and honesty,if anything goes wrong at the beginning of a project life investors have the right to know,money has become the firsf main goal of many developers and they care less about the project and investors


Title: Re: What Makes a Successful Crypto
Post by: petrcoin on August 29, 2019, 10:24:29 AM
There are 3 components that every good crypto project continues to improve on

1) Technical capabilities & Delivering on Technical goals
2) Marketing, Community and Adoption
3) Integration, Partnerships, Usability and Company Structure


Yes I agree that these are ideal components of the project that needs to have continued focus and should produce results but I would suggest to

add another aspect which is rather more important than those mentioned above and that is "Team integrity". It should be the very first foundation of

a good crypto project and without it, projects will ultimately fail sooner or later.


Title: Re: What Makes a Successful Crypto
Post by: Lolox on August 29, 2019, 10:32:04 AM
There are 3 components that every good crypto project continues to improve on

1) Technical capabilities & Delivering on Technical goals
2) Marketing, Community and Adoption
3) Integration, Partnerships, Usability and Company Structure


From these 3 distinct categories, there's a whole infrastructure and sub-categories that can be stemmed. Ultimately, there are teams who solely focus on 1/3 areas and neglect the others; this is ultimately what we call shitcoins. Most top 50-100 coins have at least captured 2/3 of these areas, with only a select handful of gems attaining or about to attain all 3 levels of success.

Ultimately, every project I see can be defined by these basic and generic overview of essential capabilities I view. Again, I want to stress there are several areas to emphasize within these categories there are numerous of sub-categories, such as legality, financials, revenue, market share, competition and a whole host of other factors that make up any successful business

The 3 components are the basis that cryptocurrencies can succeed. Marketing, community and adoption, this is much needed. Cryptocurrencies are seen experiencing a period of success when 2017. The Bitcoin community is growing and growing popularity. Many people have a curiosity about the development of Bitcoin, and even a lot of social media is preaching Bitcoin. My hope that in 2019 this crypto can return successfully as in 2017.


Title: Re: What Makes a Successful Crypto
Post by: pinoy.bolanon on August 29, 2019, 10:47:29 AM
The three components you have mentioned are a top notch requirements and reasons to be able to have a successful coin project, there are few some other requirements, but the list itself signifies the major ones, which some projects failed to deliver because of the incapacity of the projects or the deliver itself to deliver, that is the reason why almost 70% of the coins introduced are dying in the air (this is just based on my observation).


Title: Re: What Makes a Successful Crypto
Post by: thiscomm on August 29, 2019, 10:51:57 AM
if in my opinion the success of a crypto launch program is good cooperation and honesty in the crypto development team. because no matter how good and how good the crypto if the development team is not good, I can be sure the crypto will fail and become shitcoin. indeed, if marketing is good, the coins will be sold out on the market, but if the developer performance of the crypto is bad, there will certainly be many investors who feel fooled by the crypto and will avoid buying the crypto again.


Title: Re: What Makes a Successful Crypto
Post by: baigreen on August 29, 2019, 10:57:40 AM
I can say community work is the ultimate goal. If the project does not have support or a large number of people do not follow the projects, then it is doomed to 80%. No interest no investment. No investment, no project.


Title: Re: What Makes a Successful Crypto
Post by: bright4mech on August 30, 2019, 10:44:22 PM
Every Successful Crypto is a function of the team behind the project, and also the prospect of the project to enable new investors to come in towards the project.


Title: Re: What Makes a Successful Crypto
Post by: tanjiran on August 30, 2019, 10:46:15 PM
You did put several Important information in this post. Which way you think one project get success, without correction? Supply is another step to get success. Omnitude is a project and listed CMC before bear market start.
I think the category you mentioned related to sales is included in number two.

A bad crypto project, without a well-planned plan, only pursues hysteria, profits, then leaves without a long-term concept. It is not at all suitable for investment. Therefore it is important to analyze the project as a whole before deciding to join. Well, the OP maps the category well, it can be used as a reference.


Title: Re: What Makes a Successful Crypto
Post by: kawetsriyanto on August 30, 2019, 11:10:33 PM
Absolutely, more specifically about the team and product. There should be the experienced and professional teams that really can manage the community and project to be very popular and trusted in the crypto world. The product with real case use exactly will also determine how the future of the project. It is very important to think about the real use case product of the project in order to ensure long term investment.


Title: Re: What Makes a Successful Crypto
Post by: Rooivalk on August 30, 2019, 11:33:00 PM
Now the cryptocurrency market is changing very much. It’s hard to say what cryptocurrencies need to succeed now. I think that many cryptocurrencies need to create a working product that will have use and will be able to take advantage of the blockchain.


Title: Re: What Makes a Successful Crypto
Post by: Layers318 on August 31, 2019, 03:40:02 AM
In fact, all the three points made by OP can be seen from the expertise of the team behind the project. It takes a good team to make the right choices, technical analysis, form profitable partnerships, plan and develop highly in demand product, marketing and advertisement etc.


Title: Re: What Makes a Successful Crypto
Post by: cryptofirm on August 31, 2019, 05:41:03 AM
There are 3 components that every good crypto project continues to improve on

1) Technical capabilities & Delivering on Technical goals
2) Marketing, Community and Adoption
3) Integration, Partnerships, Usability and Company Structure


all thus components above was talk about the people who run the project from the beginning, wich mean their team member mate
because the key from a successful cryptocurrency is depends on their team member buddy


Title: Re: What Makes a Successful Crypto
Post by: Delilonia1 on November 07, 2019, 04:37:19 AM
There are 3 components that every good crypto project continues to improve on

1) Technical capabilities & Delivering on Technical goals
2) Marketing, Community and Adoption
3) Integration, Partnerships, Usability and Company Structure


From these 3 distinct categories, there's a whole infrastructure and sub-categories that can be stemmed. Ultimately, there are teams who solely focus on 1/3 areas and neglect the others; this is ultimately what we call shitcoins. Most top 50-100 coins have at least captured 2/3 of these areas, with only a select handful of gems attaining or about to attain all 3 levels of success.

Ultimately, every project I see can be defined by these basic and generic overview of essential capabilities I view. Again, I want to stress there are several areas to emphasize within these categories there are numerous of sub-categories, such as legality, financials, revenue, market share, competition and a whole host of other factors that make up any successful business



This is very correct. Thanks so much for the writeup.


Title: Re: What Makes a Successful Crypto
Post by: biddicoin on November 07, 2019, 04:51:37 AM
There are 3 components that every good crypto project continues to improve on

1) Technical capabilities & Delivering on Technical goals
2) Marketing, Community and Adoption
3) Integration, Partnerships, Usability and Company Structure


From these 3 distinct categories, there's a whole infrastructure and sub-categories that can be stemmed. Ultimately, there are teams who solely focus on 1/3 areas and neglect the others; this is ultimately what we call shitcoins. Most top 50-100 coins have at least captured 2/3 of these areas, with only a select handful of gems attaining or about to attain all 3 levels of success.

Ultimately, every project I see can be defined by these basic and generic overview of essential capabilities I view. Again, I want to stress there are several areas to emphasize within these categories there are numerous of sub-categories, such as legality, financials, revenue, market share, competition and a whole host of other factors that make up any successful business
this is complete criteria for a good crypto. for those people who always shout about exchange should read this thread

exchange isnt everything in the cryptocurrency, many aspect that devs should improve more

bcz exchange can increase price temporary. but real development project can increase price continously


Title: Re: What Makes a Successful Crypto
Post by: fuer44 on November 07, 2019, 05:36:26 AM
market analysis techniques, experience, large capital, patience.

market analysis techniques are very influential and I put it at number one, because our analysis before investing, trading, or bounty, is very important. how later a coin, token, or project will run and have a good future.

experience is also important, about how we see price charts that have happened in the market and can be used as a guide for us to look ahead.

capital? Of course. the more our capital, the greater our assets, and when the market rises high, we will get a large and successful profit.

Patience is also important for us to deal with market situations. because the crypto market can sometimes fall drastically, and experience stuck prices. sometimes an increase is also with slow movements. then if we want to succeed, we must be patient and not rush to panic sell.


Title: Re: What Makes a Successful Crypto
Post by: TanakabZX on November 07, 2019, 06:14:49 AM
Two things are very important to make a project successful, one is the idea of real use case and working product backing the project or coins, the second is professionalism of teams which i think is affecting many new projects today


Title: Re: What Makes a Successful Crypto
Post by: princehandsome on November 07, 2019, 07:49:41 AM
Two things are very important to make a project successful, one is the idea of real use case and working product backing the project or coins, the second is professionalism of teams which i think is affecting many new projects today
in my opinion one thing that is very important is team performance on a project, if they are really serious in developing the project then it can be a guarantee for success. concepts and ideas still are not enough if don't have a professional or hard-working team. indeed the key to success in a project at crypto is team.


Title: Re: What Makes a Successful Crypto
Post by: Byakuga on November 07, 2019, 07:54:43 AM
Even if a new project idealism is not that good enough or there are few projects already like the new project this can't stop it from reaching its goal and success if its managed by experience teams, most times its all in the teams hand


Title: Re: What Makes a Successful Crypto
Post by: Kotone on November 07, 2019, 08:00:40 AM
Even if a new project idealism is not that good enough or there are few projects already like the new project this can't stop it from reaching its goal and success if its managed by experience teams, most times its all in the teams hand

There are lots of factor mate, having a good team isn't gonna put a project into a good spot. The project must be entailed with lots of surprises and elements that people would love to see and be interested to invest with. Check out ETN before, they hype is really tremendous as dubbed as first mobile mining and everyone catch it, yes they are still alive but barely kicking now. So this is what I meant. Good projects must be created with utmost support technically and financially.


Title: Re: What Makes a Successful Crypto
Post by: karanggatak on November 07, 2019, 08:35:03 AM
There are 3 components that every good crypto project continues to improve on

1) Technical capabilities & Delivering on Technical goals
2) Marketing, Community and Adoption
3) Integration, Partnerships, Usability and Company Structure


From these 3 distinct categories, there's a whole infrastructure and sub-categories that can be stemmed. Ultimately, there are teams who solely focus on 1/3 areas and neglect the others; this is ultimately what we call shitcoins. Most top 50-100 coins have at least captured 2/3 of these areas, with only a select handful of gems attaining or about to attain all 3 levels of success.

Ultimately, every project I see can be defined by these basic and generic overview of essential capabilities I view. Again, I want to stress there are several areas to emphasize within these categories there are numerous of sub-categories, such as legality, financials, revenue, market share, competition and a whole host of other factors that make up any successful business

yes I agree with you the three components that you mentioned are factors that can cause a project to be successful. now the three components will be realized if the project has a manager and a team of developers who are experienced, creative and innovative. and a successful project will definitely require sufficient funding. there are projects that are done by a good development team but they don't have enough capital to be a failed project. so we also need investors to be able to make successful projects.


Title: Re: What Makes a Successful Crypto
Post by: Herbert2020 on November 07, 2019, 09:09:08 AM
the first option meaning Technical capabilities & Delivering on Technical goals is the most important one in my opinion that the developers must put all their focus on. and the best results are only going to be when they have an innovation that could work better than the already existing system (that is bitcoin). so far i have not seen this point be focused on as much as they focus on other meaningless stuff such as marketing.

i'd say the two other points mentioned in OP are meaningless for a decentralized cryptocurrency.
2) Marketing, Community and Adoption
3) Integration, Partnerships, Usability and Company Structure
both of these specially "marketing" and "company" suggest a certain level of centralization for the project and in my view any traces of centralization is an automatic failure of the cryptocurrency unless they go full centralized and admit it like creating a PayPal 2.0. in which case it would be more than OK.
otherwise projects need to be 100% decentralized and they must follow bitcoin's footsteps. meaning no premine, no fundraising shenanigans, no "company", no partnership,.... only development of a free open source source software relying on innovation of the developer and contribution of anybody who cares about that innovation. Satoshi never advertised bitcoin anywhere by spending money! he just published the paper on a mailing list and people who were intrigued came to test it out.


Title: Re: What Makes a Successful Crypto
Post by: Palider on November 07, 2019, 09:55:30 AM
We are seeing this again even in scam campaigns so it is difficult to believe today's ICOs. Maybe one of the things investors are looking for right now is a true company backed by real project and big names from various industries. Just like telegram and facebook!

So it's not surprising that these two big names are collect big money in their ICO campaigns.


Title: Re: What Makes a Successful Crypto
Post by: red4slash on November 07, 2019, 10:13:57 AM
We are seeing this again even in scam campaigns so it is difficult to believe today's ICOs. Maybe one of the things investors are looking for right now is a true company backed by real project and big names from various industries. Just like telegram and facebook!

So it's not surprising that these two big names are collect big money in their ICO campaigns.
partners become important for investors, because projects that have partners with high integrity will be easy to develop. so I think what you're saying is true, that investors are looking for projects that are familiar. and the developer has a good professional level


Title: Re: What Makes a Successful Crypto
Post by: Oneandpure on November 07, 2019, 10:30:16 AM
We are seeing this again even in scam campaigns so it is difficult to believe today's ICOs. Maybe one of the things investors are looking for right now is a true company backed by real project and big names from various industries. Just like telegram and facebook!

So it's not surprising that these two big names are collect big money in their ICO campaigns.
partners become important for investors, because projects that have partners with high integrity will be easy to develop. so I think what you're saying is true, that investors are looking for projects that are familiar. and the developer has a good professional level
Partner become make investor interested with project investing, without have many good partner investor not invest with some project investing without have partner, when project get new partner price of their coin raise up but when partner have cut connection with investment project coin price will down, how team can get many partner to make their success in crypto.


Title: Re: What Makes a Successful Crypto
Post by: DabsPoorVersion on November 07, 2019, 10:47:09 AM
We are seeing this again even in scam campaigns so it is difficult to believe today's ICOs. Maybe one of the things investors are looking for right now is a true company backed by real project and big names from various industries. Just like telegram and facebook!

So it's not surprising that these two big names are collect big money in their ICO campaigns.
partners become important for investors, because projects that have partners with high integrity will be easy to develop. so I think what you're saying is true, that investors are looking for projects that are familiar. and the developer has a good professional level
Partner become make investor interested with project investing, without have many good partner investor not invest with some project investing without have partner, when project get new partner price of their coin raise up but when partner have cut connection with investment project coin price will down, how team can get many partner to make their success in crypto.
Partnerships become the foundation of one project, it should be steady and should be some group or a company which is influential enough that will help to gather more investors. It is true that if the partners of a certain project will back out, it will bring a huge effect on the project. Its foundation will collapse and the project will most likely fail.


Title: Re: What Makes a Successful Crypto
Post by: crossabdd on November 07, 2019, 11:37:04 AM
I think projects that only reach 1/3 are only focused on number 2. which is that shitcoin always prioritizes marketing, and community. it is proven by making a large supply and holding an airdrop of more than 10% of the total supply. if it reaches 2/3, then the next is about integration and partners. here the project level already has 70% trust.


Title: Re: What Makes a Successful Crypto
Post by: andika2018 on November 07, 2019, 01:08:17 PM
There are 3 components that every good crypto project continues to improve on

1) Technical capabilities & Delivering on Technical goals
2) Marketing, Community and Adoption
3) Integration, Partnerships, Usability and Company Structure


From these 3 distinct categories, there's a whole infrastructure and sub-categories that can be stemmed. Ultimately, there are teams who solely focus on 1/3 areas and neglect the others; this is ultimately what we call shitcoins. Most top 50-100 coins have at least captured 2/3 of these areas, with only a select handful of gems attaining or about to attain all 3 levels of success.

Ultimately, every project I see can be defined by these basic and generic overview of essential capabilities I view. Again, I want to stress there are several areas to emphasize within these categories there are numerous of sub-categories, such as legality, financials, revenue, market share, competition and a whole host of other factors that make up any successful business

In my opinion, one of the most important things for the success of a project is having partnerships with various companies. With partnertship, a project will quickly implement and integrate its technology and the adoption process will be faster


Title: Re: What Makes a Successful Crypto
Post by: Casdinyard on November 07, 2019, 02:37:44 PM
We are seeing this again even in scam campaigns so it is difficult to believe today's ICOs. Maybe one of the things investors are looking for right now is a true company backed by real project and big names from various industries. Just like telegram and facebook!

So it's not surprising that these two big names are collect big money in their ICO campaigns.

I would agree and to think that those scam icos made and look themselves like-a-legit-ico just to fool people. It's hard to just stick on those criteria and should just rather invest on top coins, imagine how you save your financial status from being devastated.

ICO, ITO, STO or whatever they call it will be nothing and will still be.


Title: Re: What Makes a Successful Crypto
Post by: vanya.pronin.1983 on November 07, 2019, 03:03:43 PM
Can anybody recommend a new project that is only on developing stage or is about to launch a token sale that has all those three components? It is getting extremely hard to find new projects that are meeting 2 of 3.


Title: Re: What Makes a Successful Crypto
Post by: doomistake on November 07, 2019, 06:05:45 PM
There are 3 components that every good crypto project continues to improve on

1) Technical capabilities & Delivering on Technical goals
2) Marketing, Community and Adoption
3) Integration, Partnerships, Usability and Company Structure


From these 3 distinct categories, there's a whole infrastructure and sub-categories that can be stemmed. Ultimately, there are teams who solely focus on 1/3 areas and neglect the others; this is ultimately what we call shitcoins. Most top 50-100 coins have at least captured 2/3 of these areas, with only a select handful of gems attaining or about to attain all 3 levels of success.

Ultimately, every project I see can be defined by these basic and generic overview of essential capabilities I view. Again, I want to stress there are several areas to emphasize within these categories there are numerous of sub-categories, such as legality, financials, revenue, market share, competition and a whole host of other factors that make up any successful business

You should make it 4, and include "Consistency" on it, with only those three you have mentioned, it will not work if their team doesn't have the consistency to develop their coin (if they have the intent to do so) but I've notice that these so called good projects and mostly of the ICO now don't have any intention to make their project to last long, they just wanted to raise funds and enjoy spending that money while investors and bounty hunters are going to perish because of them.


Title: Re: What Makes a Successful Crypto
Post by: abeecrypto on November 07, 2019, 09:05:18 PM
That is nicely put. And it is a good thing that the community and marketing thing is put in the middle because it connects investors to the progress of (1) and (3). In fact, (1) and (3) might not be as effective if (2) is not in good order.


Title: Re: What Makes a Successful Crypto
Post by: Viscore on November 07, 2019, 10:01:51 PM
We are seeing this again even in scam campaigns so it is difficult to believe today's ICOs. Maybe one of the things investors are looking for right now is a true company backed by real project and big names from various industries. Just like telegram and facebook!

So it's not surprising that these two big names are collect big money in their ICO campaigns.
partners become important for investors, because projects that have partners with high integrity will be easy to develop. so I think what you're saying is true, that investors are looking for projects that are familiar. and the developer has a good professional level
Partner become make investor interested with project investing, without have many good partner investor not invest with some project investing without have partner, when project get new partner price of their coin raise up but when partner have cut connection with investment project coin price will down, how team can get many partner to make their success in crypto.
Partnerships become the foundation of one project, it should be steady and should be some group or a company which is influential enough that will help to gather more investors. It is true that if the partners of a certain project will back out, it will bring a huge effect on the project. Its foundation will collapse and the project will most likely fail.
Yes. Once the whole foundation will be broken, of course it will give a negative effect on the project which will definitely frustrate the bounty hunters again. A good crypto project should always have a reliable team behind the project and that each team member is responsible enough to do his task. And that will give a great benefit to the success of the project.


Title: Re: What Makes a Successful Crypto
Post by: swivel1983@gmail.com on November 07, 2019, 10:32:07 PM
This is true, but unfortunately there are very few projects that actually accomplish all of these points. That's why we have so few good projects and teams that are willing to put a lot of effort into the success of their project.


Title: Re: What Makes a Successful Crypto
Post by: Shasha80 on November 07, 2019, 11:06:48 PM
It is true that the combination of these 3 components made the crypto projects successful. I also strongly agree with
point number 2, namely marketing, community and adoption. Most projects fail because these components fail to run
properly and correctly. The devepeloper projects do not understand how their projects are to be well known to people,
especially crypto community which plays an important role in the current market conditions.


Title: Re: What Makes a Successful Crypto
Post by: dirgayeah on November 07, 2019, 11:18:06 PM
The vital point of that list you mentioned above are Marketing. And this are proven in any kind of business. It doesn't matter how good and strong your business if it not have a good marketing, the failure percentage of that project are huge. We can see almost giant technology firm are begin from good concept and Marketing with a poor financial exactly. So what makes them success? Because of concept of project and marketing right?


Title: Re: What Makes a Successful Crypto
Post by: rocku12345 on November 07, 2019, 11:28:45 PM
The vital point of that list you mentioned above are Marketing. And this are proven in any kind of business. It doesn't matter how good and strong your business, if it not have a good marketing, the failure percentage of that projects are huge. We can see almost giant technology firm are begin from good concept are Marketing with a poor financial exactly. So what make them success? Because of concept of project and marketing right?
Marketing is a good point but if in a real life you see a cool advertisement about some thing you always buy it ? No, so good project has to be delivered not only in a good "package" but with a real useful road map. Today I really can count a few of such projects which can be practically applicated in the next year.
Maybe BCH or Stablecoins are actually ready to be used among people. So don`t be so optimistic about just marketing today.


Title: Re: What Makes a Successful Crypto
Post by: barnes13 on November 08, 2019, 02:32:12 AM
I totally agree with you, these three points are very helpful for projects that are still in the process of growing. Some projects often fail due to lack of marketing, neglected communities and underestimating partnerships. Moreover, the usability of their tokens as a utility to support their platforms is very unsatisfactory. I really hope for projects that want to come always pay attention to the points as mentioned in this thread.


Title: Re: What Makes a Successful Crypto
Post by: lablab03 on November 08, 2019, 02:48:46 AM
Absolutely right.  To make a successful project need a good team building also .because being professional dev is useless if you don't have a good team behind, what i mean knowledgeable also and those who always make an actions to resolve all the conflict. Because running a project isn't easy work indeed , which is it really needs a good team that will cooperate every time and really interested to see the project become successful in the future..  


Title: Re: What Makes a Successful Crypto
Post by: huu78 on November 08, 2019, 04:44:01 AM
I agree with the important components that you mean. Many developer mistakes are just a money-raising fund for just listings on market exchanges so they can sell their own tokens this is usually the concept of a shitcoin that has existed since the popular ICO period. When in fact the most important thing is how to run their projects according to the written in the whitepaper and roadmap to run smoothly assisted by its compact community to support the supply and demand for the project.


Title: Re: What Makes a Successful Crypto
Post by: Ajibola123 on November 08, 2019, 06:28:34 AM
Also ability to stand the test of time coz most crypto has failed to that, constant innovation is also important, everybody want something new


Title: Re: What Makes a Successful Crypto
Post by: Bim abk on November 08, 2019, 06:36:21 AM
Also ability to stand the test of time coz most crypto has failed to that, constant innovation is also important, everybody want something new
many projects die because they stop to innovate, the viability of the project can continue when the innovation continues but some developers forget it which makes the project can reduce demand.


Title: Re: What Makes a Successful Crypto
Post by: Rodeo02 on November 08, 2019, 06:39:04 AM
This is true, but unfortunately there are very few projects that actually accomplish all of these points. That's why we have so few good projects and teams that are willing to put a lot of effort into the success of their project.
How i wish effort will be enough to make a successful project . A project with community support will be the best  key if you want to your project to be successful . Even you have a good roadmap and plan if you dont have a community to support for the project all youve given effort can be wasted .


Title: Re: What Makes a Successful Crypto
Post by: horrifiedx1 on November 08, 2019, 06:44:32 AM
This is true, but unfortunately there are very few projects that actually accomplish all of these points. That's why we have so few good projects and teams that are willing to put a lot of effort into the success of their project.
How i wish effort will be enough to make a successful project . A project with community support will be the best  key if you want to your project to be successful . Even you have a good roadmap and plan if you dont have a community to support for the project all youve given effort can be wasted .
right, the bigger the community you have, the easier it will be to sell. besides that the interaction between the project team and the community must be maintained properly so that they can jointly build projects that are dreamed of together.


Title: Re: What Makes a Successful Crypto
Post by: barabarian1 on November 08, 2019, 06:46:38 AM
in my opinion components number 1 and 2 are the key to success of the crypto project. this technical ability can be realized by having a good manager and development team and also experienced. and the second factor is marketing. if the marketing of a project is good then the project can attract investors to be able to join the project and make a project successful. if the marketing is bad then the project will not get investors and will be a failed project because it does not have the capital to develop the project.


Title: Re: What Makes a Successful Crypto
Post by: CryptoVzla on November 08, 2019, 07:08:13 AM
Im agree with your on number 2 , project without community or marketing is only dead project which only dev team inside,
but even you have much community on any socials media, without investor, the project wont go so far, like most project now day on telegram
to many dead project with huge community because lake of fund


Title: Re: What Makes a Successful Crypto
Post by: Coyster on November 08, 2019, 07:14:56 AM
This is true, but unfortunately there are very few projects that actually accomplish all of these points. That's why we have so few good projects and teams that are willing to put a lot of effort into the success of their project.
Thats if there is any actually, I think the major problem is that this project team and managers do not want a project that would grow steadily and rise as time goes on, they simply want to make money for themselves(alone).
I think that's why they just don't pay attention to any of this three key points listed in the OP, or if they do, it's just superficial, so they can use that trick to draw in investors and make an exit scam.

We need committed projects, managers(team), that would want to improve on the blockchain technology with their coin, not just about making money at the beginning, they must understand that if their product actually brings something wonderful to the blockchain technology, then they as well as their promoters and investors would earn alot from it.


Title: Re: What Makes a Successful Crypto
Post by: landoffaucets on November 08, 2019, 07:19:05 AM
And you forget about the community, community makes crypto really successful because without community you can have the best product in the market, but who cares when noone is using it?


Title: Re: What Makes a Successful Crypto
Post by: btcdie on November 08, 2019, 08:26:43 AM
before marketing, the more important thing I think is the idea or innovation of a project, and the quality of the products provided. I think a project that has a new innovation in the public, marketing is not too heavy and will boom by itself. point 1/2/3 is indeed very important for the project to run successfully, but in my opinion the quality of the product also needs to be improved. so it's not just investors, but token supplies will be commercially needed.


Title: Re: What Makes a Successful Crypto
Post by: doomistake on November 08, 2019, 02:12:09 PM
And you forget about the community, community makes crypto really successful because without community you can have the best product in the market, but who cares when noone is using it?


2) Marketing, Community and Adoption

OP said it, loud and clear, it is you who forget to read his while post before pressing the "reply" button.

And even if he forget it to mention in his number 2 on his list, community would come automatically after marketing, because that is what marketing does, they promote the project to the people and the people will support it if they find it interesting and worthy.


Title: Re: What Makes a Successful Crypto
Post by: gensol on November 08, 2019, 02:29:21 PM
What kills most project is their lack of technical ability and marketing skills. Most projects have ghost community members who don't care or have no idea about a given project.


Title: Re: What Makes a Successful Crypto
Post by: Visbay on November 08, 2019, 06:22:20 PM
2) Marketing, Community and Adoption


The above is important to sellability of a coin. Therefore,
this I think relates to use case. If a coin has a use case, it instantly has a community.
Agree with you a good crypto coin must have a good market name and good value all over the world. A coin that people can trust to spend their money and it should have the ability to overcome price falls so people like the volatility for rising and falling so they can buy at a low price and sell at a high price. Good crypto must be well known and popular.


Title: Re: What Makes a Successful Crypto
Post by: CuriousGeorge on November 08, 2019, 10:19:20 PM
What kills most project is their lack of technical ability and marketing skills. Most projects have ghost community members who don't care or have no idea about a given project.
The marketing skill should be excluded in this case caused by so many cryptos has been launched big marketing campaign to promote their coins. The technical ability of coin itself should be the main problem why so many cryptos became a failure. Almost all of them are security token without any use case or real product where the company can get the profit.
The community needs more time to analyze a project and you can't blame them all.


Title: Re: What Makes a Successful Crypto
Post by: BitHodler on November 09, 2019, 12:21:05 AM
We need committed projects, managers(team), that would want to improve on the blockchain technology with their coin, not just about making money at the beginning, they must understand that if their product actually brings something wonderful to the blockchain technology, then they as well as their promoters and investors would earn alot from it.
It's hard to stay motivated for the people behind projects when they have dumped most or even all their coins. It's not an excuse to neglect the project, but without incentive there isn't going to be much productivity at all.

That's the reason I rather see the founders and developers own a decent enough chunk of the coins in circulation to keep building, otherwise what's the point? I wouldn't be motivated myself if I had no serious stake to grow in value.

At the end of the day, no one forces people to invest in these projects.... it's their greed that makes them do so and nothing else. It's fine if you accept it being a gamble, but don't cry afterwards when things go downhill.

Lets be honest, we care about seeing working products with utility, but we like it much better when we can fill our pockets, even if the project doesn't deliver anything in the end.


Title: Re: What Makes a Successful Crypto
Post by: alyssa85 on November 09, 2019, 01:12:30 AM
Also ability to stand the test of time coz most crypto has failed to that, constant innovation is also important, everybody want something new
many projects die because they stop to innovate, the viability of the project can continue when the innovation continues but some developers forget it which makes the project can reduce demand.

It's not really lack of innovation that kills coins. It's lack of investors. You need new investors to come into a project, and for that to happen you need to be listed on lots of exchanges. If you are on just one small exchange and your existing coin holders are constantly selling, you are doomed.


Title: Re: What Makes a Successful Crypto
Post by: Pearls Before Swine on November 09, 2019, 01:18:58 AM
Having a strong, dedicated community is the first attribute that comes to my mind, which is why bitcoin has remained #1 in the face of all its competition.  There are altcoins that are cheaper and faster to send, but why do you think that none of them have even come close to challenging bitcoin's supremacy?  It's because bitcoiners are avid supporters of it, and there are more of them than for any other coin.  In addition, bitcoin's adoption as a currency, ie, the fact that the greatest number of merchants accept it, is a big factor.

As a secondary characteristic, I would say a coin's utility means a lot.  That's why Eth is #2.  It has features that bitcoin doesn't, which makes it novel.  Most altcoins don't offer *any* advantages over bitcoin, Eth, or any other coin on the market and when there are hundreds or thousands of them available, a new coin isn't going to catch on unless there's some innovation present.


Title: Re: What Makes a Successful Crypto
Post by: Jating on November 09, 2019, 01:34:54 AM
It got me thinking though, what if Ethereum just burst on the scene around 2017?

Would still be the second coin behind bitcoin? I mean did we consider those coin that has been in the crypto for so long that's why they stayed successful because they are the first mover here?

Perhaps we have overlook this factors, and that's why coins like Ethereum, Litecoin, Dogecoin are still in the top despite no marketing at all because they have been here first, and even though others have said that Ethereum has a lot of competition now, they can't even come close to it because it has gain a reputation already.


Title: Re: What Makes a Successful Crypto
Post by: alyssa85 on November 09, 2019, 01:42:40 AM
Perhaps we have overlook this factors, and that's why coins like Ethereum, Litecoin, Dogecoin are still in the top despite no marketing at all because they have been here first, and even though others have said that Ethereum has a lot of competition now, they can't even come close to it because it has gain a reputation already.

Part of it is early mover advantage (though plenty of early coins have died like ixcoin and devcoin).

People overlook the amount of promotion that went into them. Charles Lee was relentless in promoting Litecoin as "silver to bitcoin's gold". Ethereum spammed hundreds of people on reddit in the run up to it's launch and even persuaded a journalist at the New York times to give them a favourable write-up.

Doge of course was a complete fluke - a genuinely viral coin that took off because people were enjoying the memes so much.


Title: Re: What Makes a Successful Crypto
Post by: dirgayeah on November 09, 2019, 05:52:37 AM

Marketing is a good point but if in a real life you see a cool advertisement about some thing you always buy it ? No, so good project has to be delivered not only in a good "package" but with a real useful road map. Today I really can count a few of such projects which can be practically applicated in the next year.
Maybe BCH or Stablecoins are actually ready to be used among people. So don`t be so optimistic about just marketing today.

yeah, I agree with your point. but in these previous years, I've ever founded a cool project with a good concept and not just roadmap, this is a working product (Crypto gaming platform using Aion). but tbh, this  project can't survive because lack of financial support.


Title: Re: What Makes a Successful Crypto
Post by: bitcoinposts on November 09, 2019, 08:22:39 AM
The points mentioned here all are considered to be the successful for crypto  product to be successfull . mainly the road map implemention is very important  for product success


Title: Re: What Makes a Successful Crypto
Post by: Murat on November 09, 2019, 10:41:18 AM
On the current context, It's really a difficult task to make successful crypto because it has lost the credibility towards the community, so along with your idea, you have to focus to bring back the credibility of this system, I think the most important thing is that marketing towards the society as well as validation from local government, When people see the valid platform then they will join with your platform, except the technical aspect, I think you need to focus on the legal aspect so that people can motivate to create a community-building process, I think community building is the best process to make one thing successful.


Title: Re: What Makes a Successful Crypto
Post by: Wildwest on November 09, 2019, 11:32:06 AM
After just reading your understanding, a successful project must have a strong contribution with a team that is consistent in working and solid, in fact, every good project can be defeated by the arrival of a better one. A successful crypto is also very needed by a real community forever


Title: Re: What Makes a Successful Crypto
Post by: Mike Mayor on November 09, 2019, 12:16:45 PM
Also ability to stand the test of time coz most crypto has failed to that, constant innovation is also important, everybody want something new
many projects die because they stop to innovate, the viability of the project can continue when the innovation continues but some developers forget it which makes the project can reduce demand.

It's not really lack of innovation that kills coins. It's lack of investors. You need new investors to come into a project, and for that to happen you need to be listed on lots of exchanges. If you are on just one small exchange and your existing coin holders are constantly selling, you are doomed.

No, it's not. It is more of a lack of actual real-world uses for the coins. They are mostly backed by nothing. Nothing at all, not even a little bit. So why hold onto these coins or tokens for the future?
It is just a waste of your time and money. Unless the token or coin has an actual use or is backed by some sort of product or service it is useless.

Investors won't invest in something where... Well... There basically is no investment since.... What are you actually investing in? A coin that only has value if it is on the exchange and the only reason people buy it is to try profit off of it by passing it off to someone else.



Title: Re: What Makes a Successful Crypto
Post by: gwaposakon on November 09, 2019, 12:28:29 PM
There are 3 components that every good crypto project continues to improve on

1) Technical capabilities & Delivering on Technical goals
2) Marketing, Community and Adoption
3) Integration, Partnerships, Usability and Company Structure


From these 3 distinct categories, there's a whole infrastructure and sub-categories that can be stemmed. Ultimately, there are teams who solely focus on 1/3 areas and neglect the others; this is ultimately what we call shitcoins. Most top 50-100 coins have at least captured 2/3 of these areas, with only a select handful of gems attaining or about to attain all 3 levels of success.

Ultimately, every project I see can be defined by these basic and generic overview of essential capabilities I view. Again, I want to stress there are several areas to emphasize within these categories there are numerous of sub-categories, such as legality, financials, revenue, market share, competition and a whole host of other factors that make up any successful business

I agree with you on this. Crypto projects should have these essential components to succeed in a very crowded market. Partnership and alliances with stable organizations, personalities, and stable companies in crypto space would also greatly contribute to the success of a crypto project starting in the market.


Title: Re: What Makes a Successful Crypto
Post by: BlackFor3st on November 09, 2019, 12:42:41 PM
There are 3 components that every good crypto project continues to improve on

1) Technical capabilities & Delivering on Technical goals
2) Marketing, Community and Adoption
3) Integration, Partnerships, Usability and Company Structure


From these 3 distinct categories, there's a whole infrastructure and sub-categories that can be stemmed. Ultimately, there are teams who solely focus on 1/3 areas and neglect the others; this is ultimately what we call shitcoins. Most top 50-100 coins have at least captured 2/3 of these areas, with only a select handful of gems attaining or about to attain all 3 levels of success.

Ultimately, every project I see can be defined by these basic and generic overview of essential capabilities I view. Again, I want to stress there are several areas to emphasize within these categories there are numerous of sub-categories, such as legality, financials, revenue, market share, competition and a whole host of other factors that make up any successful business
These are all helpful inputs which will surely help the project to hit it's softcap or hardcap if they can initiate all these inputs correctly.

What is the most challenging part is the marketing and finding the big partners. Once these two will become successful, the other will follow easily especially the development and the community adoption.


Title: Re: What Makes a Successful Crypto
Post by: WeedGoW on November 09, 2019, 12:51:22 PM
You can take a look at all of the top cryptocurrency right now to have pointer about what makes a successful cryptocurrency. But the most critical is how long that coin has been going and its reputation.


Title: Re: What Makes a Successful Crypto
Post by: Bonenx14 on November 09, 2019, 02:51:47 PM
You can take a look at all of the top cryptocurrency right now to have pointer about what makes a successful cryptocurrency. But the most critical is how long that coin has been going and its reputation.

Because the top coins are able to provide benefits to the community, apart from that I think crypto get success because of the increasing digital development in the world, and they are running together in the present tense.


Title: Re: What Makes a Successful Crypto
Post by: Cherylstar86 on November 09, 2019, 02:55:49 PM
On the current context, It's really a difficult task to make successful crypto because it has lost the credibility towards the community, so along with your idea, you have to focus to bring back the credibility of this system, I think the most important thing is that marketing towards the society as well as validation from local government, When people see the valid platform then they will join with your platform, except the technical aspect, I think you need to focus on the legal aspect so that people can motivate to create a community-building process, I think community building is the best process to make one thing successful.

Being successful here in crypto currency is not easy because you will experience some disappointment, huge losses and tremendous frustration. If the said above will able to overcome for sure you will definitely have a great success just also extend your patience and understanding since the market is volatile and we can't easily expect a good outcome.


Title: Re: What Makes a Successful Crypto
Post by: jazmuzika217 on November 09, 2019, 03:35:46 PM
I agree to your point of view but I think the most important thing to those elements is marketing because it contains all. Marketing is not all about promotion but also determining the needs and wants of clients or users so I think if we have a very good marketing we will be have a very good and successful crypto or project.


Title: Re: What Makes a Successful Crypto
Post by: cryptonewbie on November 09, 2019, 05:53:58 PM
I agree to your point of view but I think the most important thing to those elements is marketing because it contains all. Marketing is not all about promotion but also determining the needs and wants of clients or users so I think if we have a very good marketing we will be have a very good and successful crypto or project.

Marketing is vital for any project but I believe what is key is the product you're selling. Investors have gotten smarter after the crypto meltdown since 2018. If your project don't look like something that is creating value, no amount of marketing will make them buy into the project


Title: Re: What Makes a Successful Crypto
Post by: sorrros on November 09, 2019, 06:07:56 PM
People see successful crypto project as a project that brought them a lot of profits. But for me successful crypto project is a project with huge and nice community, project that brings a real use case into the everyday life, project that is continuously developed.


Title: Re: What Makes a Successful Crypto
Post by: joinfree on November 09, 2019, 06:19:18 PM
I think we can also consider the following as part of the factors that can help make any crypto related project very successful.
1. A good token economics that is going to be used in the ecosystem
2. A working product or platform which is going to serve as a drive to ensure that the token is being used.
3. Having a team of good influencers who can help promote the project and also its adoption to the available community.

I believe if these are also put in place with any other project it would help bring real value to the project.


Title: Re: What Makes a Successful Crypto
Post by: Best Dreams on November 10, 2019, 08:16:37 AM
I agree to your point of view but I think the most important thing to those elements is marketing because it contains all. Marketing is not all about promotion but also determining the needs and wants of clients or users so I think if we have a very good marketing we will be have a very good and successful crypto or project.
To get good marketing we need to have a good product so if our crypto will be good it will attract so many investors by itself.   After the worth and potential of the coin then it comes number of investors if more people will be interested and they will use it so that crypto will touch success very fast but if people will not trust it and buy so it will grow slowly or Maybe will not grow till now bitcoin is the most successful crypto.


Title: Re: What Makes a Successful Crypto
Post by: Dellosoft on November 10, 2019, 08:38:04 AM
I agree to your point of view but I think the most important thing to those elements is marketing because it contains all. Marketing is not all about promotion but also determining the needs and wants of clients or users so I think if we have a very good marketing we will be have a very good and successful crypto or project.
Marketing is important for the "price of the coin" especially but not the most relevant aspect of project development (except for product marketing to boost adoption). All points mentioned on this thread are very vital to attain a very successful project. For instance, even with very good marketing strategy, if there is fund mismanagement by the team, Let's say they use 40% funds for marketing alone, the project will be dead in no time.


Title: Re: What Makes a Successful Crypto
Post by: sazonk on November 10, 2019, 01:14:32 PM
So remember when 2017 where bitcoin and altcoin experienced a golden period was caused by the many successful ICO and Crowdsale. Seeing the factors that led to the success of the ICO at that time, it was suitable with what you said with 3 important points for the success of ICO. I strongly agree with this point, and hope that during this period, especially IEO and there is a new lag, namely IMO should pay attention and copy what the ICO has done in 2017. What I become socially aware of these 3 points is No. 2) Marketing, Community and Adoption. That is something that is very mandatory, open to the community and investors, I see today, especially IEO who experienced a golden period in 2019 there are aspects that are missed, namely overall information disclosure. Many of the info from IEO that is not published in this forum.


Title: Re: What Makes a Successful Crypto
Post by: Kevondo on November 10, 2019, 05:40:09 PM
You can take a look at all of the top cryptocurrency right now to have pointer about what makes a successful cryptocurrency. But the most critical is how long that coin has been going and its reputation.

Because the top coins are able to provide benefits to the community, apart from that I think crypto get success because of the increasing digital development in the world, and they are running together in the present tense.
The top ones are also the most hard working ones. These are the coins that have proved themselves worthy of any investment and it took years before they really achieved the present status. The coin must have some goals and it should be able to achieve some marks with time in order to gain trust of investors and attract more people. Technology is evolving but bad coins do not take advantage of this.


Title: Re: What Makes a Successful Crypto
Post by: TinaK on November 10, 2019, 05:58:08 PM
People are accepting the projects which is very RAW and trained document with the handcrafted white paper. If the people want to invest also they will be examining the more details including team and so on.
If the all things perfect, everyone will invest and make the project success.


Title: Re: What Makes a Successful Crypto
Post by: Mike Mayor on November 11, 2019, 05:34:56 PM
A good cryptocurrency project should involve a group of people who are passionate and believe in themselves and will keep the coin updated and be actively involved in it's development.
You will need to have something of substantial substance in order to be ahead of the other coins. The way it works and is mined has already been determined time and time again.
We don't need that. What we need is some useful things we can get spending the coin or something we get for holding it.


Title: Re: What Makes a Successful Crypto
Post by: tk808 on November 11, 2019, 05:40:22 PM
A good cryptocurrency project should involve a group of people who are passionate and believe in themselves and will keep the coin updated and be actively involved in it's development.
You will need to have something of substantial substance in order to be ahead of the other coins. The way it works and is mined has already been determined time and time again.
We don't need that. What we need is some useful things we can get spending the coin or something we get for holding it.

Passion for anything can be found virtually anywhere. While this is one factor, it doesn't lead to results or a successful business. There are many out there, peering into the world of crypto and blockchain. What most indviduals lack, especially coming from outside industries, is understanding what cryptocurrency is fundamentally composed of. I see the same mistakes, faults, and often idiotic behaviors time and time again, from virtually all who venture into crypto.

What you've stated is correct though. Having built, coded or developed some sort of platform, protocol or niche blockchain, prior to any formal sale or in the process of, is a pathway for success. But just because something is coded or developed, doesn't again necessarily lead to the success of such project, it's merely 1 component as I stated in the topic of this thread.


But overall, I generally agree with what you stated; a crypto needs to have a function, a use and to incentivize people or business to use such systems created.


Title: Re: What Makes a Successful Crypto
Post by: adjed on November 11, 2019, 05:57:56 PM
There are 3 components that every good crypto project continues to improve on

1) Technical capabilities & Delivering on Technical goals
2) Marketing, Community and Adoption
3) Integration, Partnerships, Usability and Company Structure
These a very valid points and ideally, it should be the things that define a successful Cryptocurrency project, but unfortunately that is not the case especially when it comes to the perspective of investors, there are projects that meet the above mentioned criteria but are still seen as a failure because let's face it, the investors are mostly in for the profit and not the tech.

These days the yardstick used to mention the success of a project is the profit that it fetches it's investors, the project might not meet any of the criteria's above but as long as it's tokens keep doing well in exchanges and keeps yielding profit for it's token holders, then it is considered a resounding success even if it has no actual tech to speak of.

I personally cannot support any project with just a good token price or ROI because I would keep feeling like it's just a house of cards and would crash down at any moment but if you look closely, you would notice that most investors don't really care about tech, it's all about the money where they are concerned.


Title: Re: What Makes a Successful Crypto
Post by: K4C on November 11, 2019, 06:52:46 PM
In my opinion, a good cryptocurrency project is a project that follows exactly what it whitepaper says and delivers it according to it's roadmap, we have to admit that majority of what we see in whitepapers before the ICO that attracted us to invest are not the things we eventually see, so personally, I measure the success of a project with how much it has delivered according to it's whitepaper and if it has delivered it according to their roadmap, if all cryptocurrency projects did this, the Blockchain space would definitely be more advanced than it is now.


Title: Re: What Makes a Successful Crypto
Post by: dataispower on November 11, 2019, 07:12:04 PM
In my opinion, a good cryptocurrency project is a project that follows exactly what it whitepaper says and delivers it according to it's roadmap, we have to admit that majority of what we see in whitepapers before the ICO that attracted us to invest are not the things we eventually see, so personally, I measure the success of a project with how much it has delivered according to it's whitepaper and if it has delivered it according to their roadmap, if all cryptocurrency projects did this, the Blockchain space would definitely be more advanced than it is now.
This is so true but unfortunately most projects do not follow what's on their roadmap. Looking at it from a different dimension, what if what's on the project whitepaper / roadmap doesn't really make much sense and they follow it accordingly? Does this make the project a good one, obviously no right. So in essence, a good project should first have a valid project vision and followed up by a dedicated team. I've also found out from experience that community-centric projects do better, this is because holders are encouraged by constant communication and updates by the team to the community.

Most projects do not meet all requisites to be termed "good" since they lag in one area or another. Take for instance, EOS promises to be scalable, no doubt but I don't see any good reason for delegating EOS to rent CPU or RAM or whatever, and also paying fees to activate wallet, this makes the EOS blockchain complicated especially for new users.


Title: Re: What Makes a Successful Crypto
Post by: jcarlo on November 12, 2019, 01:15:27 AM
There are 3 components that every good crypto project continues to improve on

1) Technical capabilities & Delivering on Technical goals
2) Marketing, Community and Adoption
3) Integration, Partnerships, Usability and Company Structure


From these 3 distinct categories, there's a whole infrastructure and sub-categories that can be stemmed. Ultimately, there are teams who solely focus on 1/3 areas and neglect the others; this is ultimately what we call shitcoins. Most top 50-100 coins have at least captured 2/3 of these areas, with only a select handful of gems attaining or about to attain all 3 levels of success.

Ultimately, every project I see can be defined by these basic and generic overview of essential capabilities I view. Again, I want to stress there are several areas to emphasize within these categories there are numerous of sub-categories, such as legality, financials, revenue, market share, competition and a whole host of other factors that make up any successful business

I agree that all three factors can bring a project to success. In addition to these three factors, there is a more important factor in my opinion that is the solid developer team. Many projects fail in the middle of the road because the developer team left the project or was no longer compact to achieve the project's vision when it was first created


Title: Re: What Makes a Successful Crypto
Post by: henmark on November 15, 2019, 07:05:21 PM
Two things are very important to make a project successful, one is the idea of real use case and working product backing the project or coins, the second is professionalism of teams which i think is affecting many new projects today
You are just too much, and that is the base of a successful project, any project without those two things will never go far. Even if the project has a very great team, and the idea of the project is not one that can move the market, it will be impossible for them to be able to get people’s attention.

For anyone to really get people's attention, the project product must be a solid one, and the team must be a team that is quite much responsible. When I decide to choose any project, the base of my research is to really analyze the product first, and then even ask myself if I would ever buy it, then, I think of looking at the team, if they will have that strength to actually push for the project.

If any investor can get these two things right from their investment, I don’t think they should have any portfolio of shit coins.


Title: Re: What Makes a Successful Crypto
Post by: wozzek23 on November 15, 2019, 08:06:29 PM
I agree to your point of view but I think the most important thing to those elements is marketing because it contains all. Marketing is not all about promotion but also determining the needs and wants of clients or users so I think if we have a very good marketing we will be have a very good and successful crypto or project.
To get good marketing we need to have a good product so if our crypto will be good it will attract so many investors by itself.   After the worth and potential of the coin then it comes number of investors if more people will be interested and they will use it so that crypto will touch success very fast but if people will not trust it and buy so it will grow slowly or Maybe will not grow till now bitcoin is the most successful crypto.
Yes right, product must be very good and so the team must also be an excellent responsible and reputable team because the success of the project still in the hand of the team. If the team has the drive to move the project to a good height, with very good product, the sky will be their limits which their investors are still the ones that will be the ones to benefits from it most.

It has been long that I actually could guarantee a very good and reputable project, the projects that I feel I can trust right now are projects that are within the top 100 in our data market. If we chose from those projects, I believe that we will have a more relax mind than all these new projects that is being released now without much working project and any trusted team.


Title: Re: What Makes a Successful Crypto
Post by: sapnu on November 16, 2019, 12:37:50 AM
I agree to your point of view but I think the most important thing to those elements is marketing because it contains all. Marketing is not all about promotion but also determining the needs and wants of clients or users so I think if we have a very good marketing we will be have a very good and successful crypto or project.
To get good marketing we need to have a good product so if our crypto will be good it will attract so many investors by itself.   After the worth and potential of the coin then it comes number of investors if more people will be interested and they will use it so that crypto will touch success very fast but if people will not trust it and buy so it will grow slowly or Maybe will not grow till now bitcoin is the most successful crypto.
Yes right, product must be very good and so the team must also be an excellent responsible and reputable team because the success of the project still in the hand of the team. If the team has the drive to move the project to a good height, with very good product, the sky will be their limits which their investors are still the ones that will be the ones to benefits from it most.

It has been long that I actually could guarantee a very good and reputable project, the projects that I feel I can trust right now are projects that are within the top 100 in our data market. If we chose from those projects, I believe that we will have a more relax mind than all these new projects that is being released now without much working project and any trusted team.
For us to consider that a particular crypto or project is a successful one if they really meet the target cap, what I mean is that if they are setting some high value of token and they sold all of it, it is actually good for the project itself because they can circulate a lot of tokens. It can be consider successful if there are lots of investors trusting them because in this kind of business trusted projects are hard to find. If they really reach what they have target for the whole project, I can say that it is successful if that is being knew all over the market and there are lot of people buying it.


Title: Re: What Makes a Successful Crypto
Post by: HabiebRiziq on November 16, 2019, 03:53:22 AM
There are 3 components that every good crypto project continues to improve on

1) Technical capabilities & Delivering on Technical goals
2) Marketing, Community and Adoption
3) Integration, Partnerships, Usability and Company Structure


From these 3 distinct categories, there's a whole infrastructure and sub-categories that can be stemmed. Ultimately, there are teams who solely focus on 1/3 areas and neglect the others; this is ultimately what we call shitcoins. Most top 50-100 coins have at least captured 2/3 of these areas, with only a select handful of gems attaining or about to attain all 3 levels of success.

Ultimately, every project I see can be defined by these basic and generic overview of essential capabilities I view. Again, I want to stress there are several areas to emphasize within these categories there are numerous of sub-categories, such as legality, financials, revenue, market share, competition and a whole host of other factors that make up any successful business
I agree with what you say that every new project requires at least two of the three components you have delivered. Every new project must be structured and planned well, communicating with the team behind the project to achieve the goals set and how they can get funds to push the project, how they can survive in competing with other projects and how they continue to develop the project really need to be considered.


Title: Re: What Makes a Successful Crypto
Post by: Firefoxx on November 16, 2019, 06:07:43 AM
What makes a successful crypto is team and Exchange, if team have zealousness towards their token even if listed on an exchange without good liquidity another Exchange will surely list them but that's if they have good road map and follows it sequentially by giving real good announcements people investors will surely keyin and buy the tokens.


Title: Re: What Makes a Successful Crypto
Post by: meliodas on November 16, 2019, 08:16:54 AM
I agree to your point of view but I think the most important thing to those elements is marketing because it contains all. Marketing is not all about promotion but also determining the needs and wants of clients or users so I think if we have a very good marketing we will be have a very good and successful crypto or project.
To get good marketing we need to have a good product so if our crypto will be good it will attract so many investors by itself.   After the worth and potential of the coin then it comes number of investors if more people will be interested and they will use it so that crypto will touch success very fast but if people will not trust it and buy so it will grow slowly or Maybe will not grow till now bitcoin is the most successful crypto.
Yes right, product must be very good and so the team must also be an excellent responsible and reputable team because the success of the project still in the hand of the team. If the team has the drive to move the project to a good height, with very good product, the sky will be their limits which their investors are still the ones that will be the ones to benefits from it most.

It has been long that I actually could guarantee a very good and reputable project, the projects that I feel I can trust right now are projects that are within the top 100 in our data market. If we chose from those projects, I believe that we will have a more relax mind than all these new projects that is being released now without much working project and any trusted team.
For us to consider that a particular crypto or project is a successful one if they really meet the target cap, what I mean is that if they are setting some high value of token and they sold all of it, it is actually good for the project itself because they can circulate a lot of tokens. It can be consider successful if there are lots of investors trusting them because in this kind of business trusted projects are hard to find. If they really reach what they have target for the whole project, I can say that it is successful if that is being knew all over the market and there are lot of people buying it.
It is not always about the amount sold of the project for their either ICO or IEO because the success of something is measured not only by the sales but also the sustainability of the project through the years. If the project sold all of his available token or coin during the ICO or IEO and then after a few months, the price goes down drastically then it means that the project is not successful but only a hype.


Title: Re: What Makes a Successful Crypto
Post by: Rcoinmoon on November 16, 2019, 02:53:50 PM
A very good team members, good fund management, sincerity to the community/investors listen and communicate with investors.