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In a project everything must be prepared.

1. The team is experienced in technology so their concept will be good if it is experienced.
2. Funds must be prepared because building a project must have funds. Do not rely on funds from the sale of ICO / IEO. It will be difficult if the project does not develop.
3. Products must be prioritized because the project has a goal on the product so this step must take precedence.
4. Good marketing and can build a community with many who are interested in the project.
5. Do not underestimate tokens at the entry into the low exchange because it will anger the investors.

yes, I agree with some of the points that you convey above. regardless of all it is partners. partners are also important in a project with a large partner that can at least convince the investors too. And as a project investor, my advice is to always consider all the decisions you want to make, it's your money, and use it wisely in choosing projects.

It takes more than good technology to start a cryptocurrency project, you also need a good community, good leadership, a use case that can produce profit, and good tokenomics. Most projects don't make it because they failed at one of the for-mentioned points, or were just a money grab from the start. That's why I invest in POW projects with no dev wallet and no ICO/IEO/Liquidity Event etc., like 0xMR and RVN. Projects that don't raise money and don't control user funds:

A. Cannot dump tokens on investors
B. Cannot exit scam with your funds
C. Have to build something of value to earn income

There must be  regular update to the security and code that being used by the developers from the 3rd trusted party. This can build the trust from the community if the developers were not putting the backdoor because there are so many scam projects have been using the backdoor to steal the funds that already pooled.
We can take some scam defi projects and the majority of these projects ended as exit scam projects use the rug pull method.

If a project have a solid use case it will be easier to raise fund for the project, investors will be willing to drop their hard earned cash on such project, your fifth point is kinda confusing, investors don't need to get angry because a project get listed on small exchanges and some times projects that listed on small exchanges can go for top exchanges too, investors are the ones to make a good choice here

To be honest to create a project doesn't really need funds to start, probably it need little to pay operational expenses.

They create a project to earn money from investors, not giving away their money to people.

If they didn't listing their coin/token into the low exchanges, then that coin/token can't be traded. Which is better for you? Listing trough low exchange or never?

It's okay to listed on low exchange first, and then climbing to top exchange.

Not all crypto projects requires funds in order for the project to be a success, if we have to look at things in one angle we will see that it cost nothing to build an ERC20 token today, to build up a website isn't much too, there are many projects that survives and become very big without ICO or any fundraising

They are very important points, I would add others.

* The honesty and clarity of the team.
* Good relationship and communication with the community and the owners.

Many projects fail without these points too...

Every successful project has sufficient capital and invites large investors into the project, so that the project has large capital without funds from holding an ICO or investors and the community, because what I currently see is that there are no projects that currently have capital, so most projects at this time do not have initial capital so the project stops halfway, because they do not have the capital to list their tokens on the exchange, it's useless if the project has been designed as well as possible if you don't have initial capital, it is very difficult for the future project To go further, it is better if new projects have initial capital because it is very much needed for new projects that have sprung up at this time ...

Requirement number 2 is what I say for all projects, I really agree with you ..

These details are correct but its kinda hard to get all this on one project. Maybe there are some with complete parameters but there will be always some lack detail or part where the team or project is weak. Most projects don't have their own funds and these are the people prone to scam or potential to be scam since they will rely on investors money at all. 90% of new projects doesn't even have working product to check on but I expect also this cause its gain trust and interest if a newly launch project shows a good sign of potential gem.

+1, the product/use case is the 'product' of a good project, a project that will likely fail will most likely have a reincarnated use case that's going to fail sooner rather that than later, or a useless one that's just coined from either plagiarism or a shady mindset just to scam investors whom the project piques their interest. Quite a number of investors have quit investing in the altcoins network for lack of a good and working product/use case of a large percentage of it's new projects and the incessant issues of scam. OP, I don't really know if the purpose of this thread is to educate project owners/creators on what to do, I'm also not trying to sound pessimistic, but if that's the aim, then you're more or less 'beating a dead horse'.

consistency
they would be of no use if they were inconsistent. There have been many projects in the past that had experienced teams, great advisors, large funds, and good concepts. but in the end it's all useless. when the development was running for several years all did not fit the roadmap. there are even such as dead projects, all because they are not consistent in project development.

Especially 5th point. Too much devs underestimating the reputation of an exchange without thinking far that it could affect their reputation aswell. So many projects recklessly listing their coin in an exchange where so many shady things happening and ended up stuck or labeled as accomplice of those shady exchange
They need to rethink twice before dealing with exchange that has bad reputation or else their project destined to be doomed.

I think your point is good But I believe it is not a guarantee to make any project successful. Because many projects have already achieved that important point that you mentioned, But eventually they are slowly going down. In some instances just compare to other projects that the hype/popularity is present during the first listing they are surviving til now! I think the most effective part is the Marketing and the exchange that it will be listed.    

True, consistent in carrying out duties each team is main thing so that the project remains alive and growing, but there are more important points so that the project can develop, it must have a trusted team, if the team is not trusted I think their project will be difficult to develop, because investors will not be interested in investing.

Point 3 does not guarantee the success of a project. Many projects have products that can be used, but few investors are interested in buying them. And vice versa, some projects have no product but are very popular in the crypto market. In my opinion, the most important point in project development is good marketing and having big partners too. because having a large partner will be able to convince investors to enter into the project.

The most important things in development of a new project that I am aware of are

1. Knowledge is power and I believe it 💯, a developer can only push a project to a whole new level with his knowledge and skills, building blockchain projects are for the experts only

2. Nothing can change the vision of a determined soul, that's what a new developer needs, if you believe you can do something you will eventually make it happen

3. Good exposure to other developers, learning from other projects mistakes is very good too, observation is the key

4. Hire only professional teams, find exactly what you will be needing to make your project a possibility, pro teams will be able to handle any issues as development goes on

It is true. but the interest of investors does not only depend on the team, but on what products they make, how many partners are joining them, how much funds have been raised for development, and the most important thing is their performance. but I'm not saying that trust doesn't matter.

I disagree, there could be startups that doesn't have the experienced in the beginner, but they learn the process through trial and error.

Again, many startup doesn't have money in the beginning, that's why they need to run and ICO or fund raising.

Of course, you are selling a product here, that's why it should be unique.

Yes, that's why they need to hire the right person here.

I'm sorry but I don't understand this.

if a project without fundraising means a project launched using the developer's own personal money? sorry if wrong. I'm a little confused about the problem of funding a project. but I believe if the developer is really serious and reliable, especially their marketing team too, then it can recruit a lot of market investment.

I agree that all the points mentioned in the opening post must be owned by a project, if not prepared properly,
a project will end in failure. However, the reality is that the current projects rarely prepare properly. So there are
so many projects that end in failure, Currently, project developers only think about personal gain and do not intend
to make projects grow and survive. So don't be surprised to find lots of project scams popping up right now.

The use case of a project can easily push it to success but if the team arent experts they will ruin everything themselves, I've seen developers and project teams making a wrong decisions that ruin their projects till today for example ESH team decided to bring in john mcafee and help with ghost project launch through an airdrop but the fact is john mcafee have bad reputation in crypto space already and before his arrest things went side ways between them and many start selling their ESH token because John said he knew nothing about ESH and Ghost, till that time this coin haven't recover

So if everything is there, are you ready to build a project to get interest from investors? but unfortunately most of their new projects seem rushed to get quick returns from investors which makes things messy.

Use case is not useful unless regular people really need the product and really already use the service,,, that is there is existing demand for the token being used for something that does not need to be created.

Many projects made up brilliant use cases but how to convince people to use the token as a new habit? Not easy at all.

Starting with the first point , that's the reason most projects are failing today, a good number of project team are not ready for any innovative ideas nor do they have one, they are just here to make money, hence the high number of projects that are failing.
Secondly, most projects can't develop without funds from ICO or IEO, because the team have made it so. I think it's being long I see project's team developing their platform with their own funds.
Thirdly, I think the first point goes with the third point, the team need to develop good products and services as it is what will attract investors and hence bringing more value to the platform, but nowadays we have just few developers who knows what they are doing.
Lastly, the exchange the project is listed on matters a lot, this is because, it can make the community to lose interest in the project such as in the case of small exchanges or making them to pick more interest in the project such as listing on top exchanges.

These are all nothing if it is a scammy project.
But regardless, I don't think that team should have in-depth knowledge though that would surely be beneficial for the whole project itself.
#2 is situational, though it is true but someone have their own takes of every risk.

When the team is concerned, being experienced will make up only the half of the requirements. They should have the knowledge and expertise on what they are doing, how to select a niche product, when and where deploy/launch it, and also an idea about the end user.

Yes, the truth is if the project has the intentions of scamming in the first place, those factors don't matter anymore. But they can weave a good front story so people will be attracted to their seemingly "legit" project. There are some professional scammers who know how to orchestrate a "legit" project to screw naive investors. But if you see that they do have funds and not doing any type of crowdsourcing and deploying their services, then, there's hope that they are sincere with their project.

Really hard to tell which project is really be having those kind of motives and dedication on developing out those things that they had promised or stated into
their whitepaper or following their roadmap or simply trying to make those promises come true on where they had stated when they are still on sale.
Lots of sweet words and promises we can really hear off most of the time specially when the project is really just starting up.Everything seems legit
and real until when the time comes that those devs will just simply ran off all of those funds when they had accumulated enough.
This is why we do need in depth research.

sometimes a new project with low funds, will enter a low exchange first my friend
but, when the project team seriously develop the project and a lot of people getting interested with the project
for sure, the project will be listed on the TOP exchange soon or later

Regardless of the project you are investing on, proceed due diligence and cautious about the whole concept, don't buy into shilling and over hype gabbage by influential people, you will loss all you have in those areas.
A project should have a:

• Regular updates for community
• clearly road map and important information
• Verified team members, no anonymous like DeFi shitcoins
• project should be listed on liquid exchange.

These are my favorite tips for investing in a project.

On #2, this is the problem of most projects. They are not willing to put a budget out of their pockets and use it for everything such as marketing, funding and listing in exchanges. Those are the basics that a project must have in order for them to attain what they are aiming for.

On #5, it is the cause why many investors don't like projects that don't have a vision of being in a larger exchange. It correlates with #2 because of lack of budget and that's why they are ending up listing to a smaller scale exchange but with no or at least very little volume.

Number one is high above in the priority if the team has good credentials and capable of making the project great and usable it will generate support  and get funded and the project can easily take off one of the big issues of start up are fake team and fake credentials if they do not have a good credibility and their skills are questionable you cannot get anything from a project.

In terms of development, the budget will always be an important thing for me in a project. It's like a domino effect, if there are many investors attracted to this project then they will invest on this, then the team developing the project can progress through their roadmap.

If the team has their own large budget but it doesn't attract much attention then for me they will fail in the long run.

Nowadays most of the cryptocurrency projects starts with zero investment because they aim for ICO sale to collect in millions and this is their ultimate goal compared to developing their final product of their project. Low exchange means? Shit exchange? Which is going to reduce the reputation of their crypto project so better try to get listed on decent centralized exchange is also a must thing in my opinion.

The most important thing is the planned profit of the crypto project. When investing in any project, you need to clearly understand its idea. If the token does not carry a business goal, but is only needed to raise money from investors, then most likely it is a Scam or an ill-conceived startup.
Any project that requires investment must be profitable for both its developers and investors.

Many projects still exist today that don't even conduct any offering to get contribution from investors. Some of them are personally funded or host a private sales from some of the group of investors that are know to them. You hardly see this projects unless you find out through rigorous search on the web. Community is very important but the reason why most project fail is because they depend too much on the contributions from the investors. Some of them do not even have a well developed platform. This is the reason why they crumble when they see that the money raise is below their expectations. Any serious dev would have at least 50% of the funds and not rely totally on investors fund

They are of course true. But after achieving all these, the project should have a quick strategy to reflect the success of the project with the price of the coin. Be it late, the token should be listed on a popular exchange as much as possible. And the value be added to it so that it don't dump. It's also important to lock the stakes of the team and the advisors so that the investors coin won't lose their value.

I would say dignity is the most important part of any project. You need to actually want to build something, you need to actually want to succeed. What most projects nowadays (not the rare few good ones) aim at is collecting as much fund as possible and making as much money as possible from the project to get rich themselves. When your whole aim is money, you are not going to build something beautiful, you are going to have a lot of trouble.

However if you have dignity, an idea, and a great team behind it that wants to see it succeed, that means you are going to actually achieve something, even if you are not successful right away, it may take years before you can actually become something but just keep grinding and you will get there one day compared to all scams that crashes no matter what.

For me the team must have a good commitment and the project must have a clear objective. Projects that look good and get a lot of investment will still fail if the team doesn't have the commitment to the goals of the project. A truly well-intentioned project will go on even if it is not well funded. It can be seen from the big projects in this world that only have dreams and hard work.

Communication with investors should be good. They have to be proactive in implementing the promises made in the project. Failure to take refuge in a lie or fulfill a promise will sink the project into the abyss.
If you don't have dreams in your mind, your work is in vain. And the reality is that success cannot be achieved without hard work. If you give hard work, money can be provided in any way.

^ agree with all of the above preparations. it is not easy to build a project, the things above are very mandatory to prepare. lacking one prerequisite for preparation above, the project will be very difficult to run and develop.

Projects can be on the road when the team has consistency which has been planned right examples such as road maps must finish on time so that investors continue to believe in the project besides it always provides big big news so that tokens are easy to pump on in market updates that never stop on social media

The development team behind the project would be the most important aspect. Their identity must be visible and credentials could be viewed. Most project has incompetent team which makes everyone fail with their investment. If the team is well experience in their choosen field, they might be establishing a good project. Someone who really knows what they are doing and having a clear vision must be the owner of the project. Another important thing would be the community that supports a project, a big community means a big support system. There should be real people who are into that project, they can help for the development of the project.

Number one is very important the platform and the project is what will move forward and what will bind the community around it, if they do not have a platform that the community will use everything will go to nothing, funds will come if they have people around the project with good credibility, now it's easy to track if the team has fake profile and fake images, so every time starts with the developers and the concept and everything will follow.

It still depends on the project utility, if the utility is less interesting it won't matter later even if the project get listed on big exchanges, years later there may be less adoption rate and the top exchange might be forced to delist such project from their platforms, devs must work only very useful utilities for their projects

OP made some idealistic claims for a project, hate to say all of those might not be existing in any project but still be successful. Point is that comparison of a niche market like crypto with the mainstream projects is a poorly done one. These two cannot compete and thus projects and its owners seek private investors for fiat money and fiat market.

Therefore an inherent method of generating a market is what lacks in most projects. If there was a method to spend the tokens in the service and get incentivized returns against fiat payments - then the market for that altcoin would have boomed. Of course it needs to be substantial and take time to develop. But without this, market will end up being a pump and dump for any altcoin and gradually lose its investor base.

There should be an original idea that would stand out in its functionality from others. But any original idea can't be implemented without the involvement of investors money. But there are also cases when the team creates a working product with their own money, without attracting investment.

The most important thing? Is that they don't think of scamming the investors. For me, money is a hot issue to anyone that even the good one coulf be tempted by it especially if no one had really known you personally and that investors are only trusting you online. This is the problem in which is most of the project development will only going to put to waste due to people that could not help themselves but to get into corruption especially  seeing huge money that they can acquire.

Another thing is for continuous development of the team for their platform since some developers stop halfway once they got their desired profit which is bad for the project. They should just keep believing in the platform that they created since they can have their profit anytime with future developments that they will boasts against other platforms.

I know a crypto community could help a project in one way or another, but that should come later, after the project must have proven that they are legitimate and not in the market to scam investors, cause I've seen projects that have quite a large community of users still turn into a shit project/coin; so what's more vital is how the projects sets up itself, then if all is good with the progress of the project, then definitely they'll be able to build a community effortlessly.

I totally agree with the OP I really think that's what we should look if we are going to invest to upcoming projects and if the developers and its team was able to follow or meet this kind things I'm pretty sure they will be successful.

There must be a real use of the coin or some product related to the coin. Simply launching a project without any product is more prone to failure. Marketing is the most important part in deciding the success of a project apart from this activeness of the dev on social media platform is also matters. If the promotion is excellent then we can expect a good performance of the project when launch.

yeah right, especially with the product. if their product is well developed then this can also affect the confidence of investors. thus investors will be interested in investing in it. marketing and partners are also one of the most important things besides developer background and team performance.

Money. People joke but in reality if a team has a lot of money, they are usually less likely to be a scam, why would anyone spend millions of dollars for a scam? They wouldn't. So, if a team has a lot of talented people they pay hundreds of thousands of dollars salary, and they develop the project insanely well, who could stop them? I think nobody could stop that project.

Because it will have a great team behind it, very talented workers, a great marketing budget, a lot of airdrops and bounties that they can pay, and many more stuff they could pay with the money they have, and they could even get that money back with funding as well if they are lucky. So, I would say money is the most important part, if a project starts with a high capital, they will be successful.

In fact, everything on your list is important for the successful development of a new project. However, if I have to choose one thing, then of course i will choose the first item. For investors, it is much more important that project developers have successful experience in creating other projects. It is in such projects that they most successfully invest and as a result get a good profit.

I believe a good product and and a good marketing strategy is must to consider. Most project now succeed because of great marketing strategy. I've talked to one of the growing company in my country and they told me that they see a spike in their assets and profit this year because of good marketing. They allotted good amount of money to gain publicity and public awareness, in return their effort and investment in marketing, they conveited it to real users on their platforms.

I just wanna say that it is true, an start up must have enough resource to develop their projects but better to not make ICO to be the only main resource. They should build their capital structure as good as they can do. Having an rational proportion between issuing stocks and obligation to fund their project is very important.

I'd agree with this but if the team is experienced in technology, they must also know what are the things that will benefit most of the people the most. A good concept = good project. If it benefits the people then it can be considered a good one.

I doubt that most of the projects started with some funds because anybody can just create a team, make a project and market/advertise it on social media platforms. Although I'm not saying that all started with no funds because I believe that there are some that have some funds enough to pay the partners of the team and some advertisements too.

Marketing is a must in creating a project. A project can be successful if the marketing team is good and vice versa.

All the projects starts at the lowest part so just understand this thing. There are some projects who just started their project but they listed it on a popular exchanges like Binance, Kraken etc. and they expect that they will be doing the same.

Are you serious?  In every project may it be small or big, it always needs a start up capital.  So it should allocate a fund that will ensure the operation of the project for years.  And this shouldn't be a small capital because if it is, then it won't go far.


Well initially, what they are creating is a business establishment where there is a flow of finance.  Also they create this project not only to realized their idea but make profit as well.  The only consideration from the project owner should be making sure that their investors will have an ROI and profit in the long run.


I very much agree.

The most important part of a new project is the team, transparency of the team is all I need, been transparent will show how caring they are with their reputation, most new projects don't really have the best interest of their investors at heart, they don't care about any reputation, your job is to find out if the team cares about their rep

Another point is for the team to be Continuously transparent, passionate about the project with good marketing. This are very important for long term success of any project.

tranparancy in which side mate ? the only thing developer team could about tranparancy only put their developtment progress in github account. we will see did dev team work correctly for their plan? and about another thing , there are nothing we could hoped. if we see no developtment progress in github we must becarefull and ask about it to team.

Large demand? I think that is a term applicable to traditional fiat markets than crypto markets. I am yet to see some crypto project develop something that has a demand that cannot be met already by a counterpart in the fiat projects.

The group of people who still attempt to drive such a project end up failing miserably only swayed by statements of how "anti-establishment" they are. Plain bullshit if you ask me, it is a forced coercion into following such failed projects. Small niche projects have no place in this world, whether that is a good or bad thing, does not matter.

Those will become secondary if the project itself is already saturated by mainstream companies.

Use case is definitely one of the most important, if the project doesn't have a reason to be used there is also no reason to buy it neither, which is why most new projects tries to aim at a reason to be bought. However just because it can be used somewhere doesn't mean it will be used neither.

Look at NFT projects right now, they are promoting how "unique" they are and they should be bought because there will be a limited amount of them, but limited amount of something horrible will always be a limited number of of something horrible and people may not want it, there is no reason why you should buy something that will always worth nothing. So you should be carefully picking the projects you invest into, just because it sounds good and just because it has a reason to be bought doesn't mean that it is a good reason and it could be forgotten soon.

You created a perfect situation for development new project, but unfortunately often new projects don`t have even a half of these criterias. Many start ups appear now and only few of 20 will be really successful. There are many ideas, but it`s difficult to release them and not everyone can fit what you have written

There is no most important thing whenever it comes to project development because every facets or stages of the token growth, project advancement etc is very cruicial and important. Your List 1 - 5 are important as well as having excellent marketing in the blockchain space. For me, the most crucial thing that makes a project succeed in the blockchain is when the developers are willing and hardworking.

THIS This is how almost all of the new projects starting. They have nothing to start with and only rely on funds from ICO/IEO. Which is really ridiculuous and they will start to postpone the development progress if the softcap is not reached during that offering. This kind of mindset is really dumb and MAKE ALL OF THE NEW PROJECTS WON'T EVEN SHINE IN THE MARKET

Let's be honest, it's close to nothing they have finalized products.

They don't want to even bother with strict rules and want to list their tokens on shitty exchanges because these exchanges have less strict requirements.

Well that would do but we know that the willingness and hardworking to develop the blockchain or network of the project is already an easy thing for the expert. It might not be needing to focus anymore in that area. I think the crucial part of the project is the utilization on how to get the project working and to be able to get a demand from the users. Just like binance exchange wherein they get the chance to prove their project really worth it and people believe in them which then utilize their project and now it is one of the best big crypto exchanges in cryptocurrency around the world.

The development of the project always starts with the team behind it. The team must be composed of organized people who are knowledgeable about the technology with the concept and idea that are all brainstormed by the team itself and they must be reliant and honest for they are wanting to execute a project on the public. Funds is of course a must have for you will be spending money on establishing and promoting the project so you must have money to fund those expenses that are associated on building up that project. Do not fool people out for you are putting credibility so that potential investors will get into your project to make it bigger and reach the goal and success the project is aiming. It is not just about the team, the money, the product but of course the trust you are building for projects are seems like business so credibility and reliance is a must so people will trust your project.

I think any team that’s launching their product on a low exchange is making a really big mistake. And your number two point is what causes a thing like this, when the team doesn’t sit down and plan things ahead and raise the funds that are needed before starting their project.

There are some who just go ahead and launch the project with little funds and when it’s time to launch the product on an exchange they will put it on small exchange because they don’t have enough funds and that will make the product not to be successful. They should plan ahead and decide where to put their product and bigger exchanges should be the plan and not the small ones.

You nail the points but most of the projects of nowadays rely mostly on the funds raised through the ICO/IEO for project development and the fear of dumping makes investors think twice before investing. This affects most of this projects and they tend to fails.

Important development of a project is something that must be seen if you want to buy an altcoin,
so you have to be really serious, yes, the roadmap and the team must go well.

1. The team with experience is good and i agree with that
2. Fund is not needed but is a must !! It is for frist step of development before you launch your ICO ( if you does not have fund but your project looked good, angle investor wil come to you )
3. Community will be built it self when you have good project and people trust you, it is takes time but it will come.
4. The fund collected during ico is not representation of good project or bad. I my self like the project which only collected small ammount.

Fear of "dumping" is something that is present in every public offering. Even the fiat based IPOs see more than 10% drops in the first week because some people make money by developing a fake demand and selling their stash at inflated prices. Do they care for the future of the project? No.

So most teams managing the economics of such projects are well versed, of course I cant say the same for the crypto niche projects. Many of them are wannabes and less knowledgeable about how speculative markets work. ::) Then again, 99% of these projects are failures so I cant blame them for choosing poorly experienced people for the team.

Roadmaps are made to be delayed. Did you not see that yet? Teams are meant to be the biggest dumpers and they will abandon the project one day before you know it. You want more reasons why you should not invest in coin offerings?

Roadmap and the team can't be considered as good reasons to buy an altcoin. The product is something that must be used as your consideration but in altcoin everything just like a big bet to the project. A project with good roadmap can be a failed project and in another case there's also good project with product can become the next failed project too.

Investors are the most important aspect in a project development not just mere investors who would wank off gotten tokens from ICO/IEO cheaply but the ones who would stand by the team members when things goes south.. The truthfulness of the team members is another great developmental goal. The team needs enough capital before going to market on the exchange, the should at least be bold enough to take over the left over first investors have left behind. Then you can actually predict where the project is heading to. creating new projects are always very tedious tasks involved.

Studying of the market mechanism is another thing worthy of note, investing in the promotion of the project to attract new investors. some of the points raised by you are actually very needed for a starting project to pick.