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Author Topic: What is the most important in a cryptocurrency project?  (Read 3267 times)
daserpent
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October 10, 2017, 05:12:41 AM
 #81

First of all, the idea has to be unique or atleast making an existing idea, even better.

Secondly, the team should be experienced and motivated enough to make this idea a reality.

Thirdly, marketing. This is one that most people either miss or focus on completely. If your strength is product development, then hire a marketing agency (like mine) to take care of the marketing part of the project.

Only then, the project really reaches its true potential.
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October 11, 2017, 08:44:53 AM
 #82

 There's  now a lot of signs or lists in threads that will guide you to choose an ICO but what's most important for me is the timeframe. If I saw that their site is just made a while ago or almost one year, they won't pass to me  and I won't make an investment with that type of projects.

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October 11, 2017, 10:42:43 AM
 #83

some important points:
have a strong vision and good communication
have a team that supports the vision and is commited
connect to other startups/organisations
be unique. try to write down the unique selling points as short and precise as possible
understand your competitors
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October 12, 2017, 06:06:01 AM
 #84

Hello all,
What is according to you more important in a cryptocurrency project between the idea and the team?
Would you invest in a project if there are only 3-5 persons or would you rather trust a big team?

I have those questions in mind when comparing other projects such as Yahoo or Snapshat. They were a small group at the beginning and grew over time.

I think you mean founders, when you have funding you can always hire professionals to work for you
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October 12, 2017, 08:10:24 AM
 #85

Hello all,
What is according to you more important in a cryptocurrency project between the idea and the team?
Would you invest in a project if there are only 3-5 persons or would you rather trust a big team?

I have those questions in mind when comparing other projects such as Yahoo or Snapshat. They were a small group at the beginning and grew over time.

  i think that it doesnt matter if your team is composed of only 3 to 5 persons, as long as your project is somehow unique and one of a kind.   also you need to think of a concept that is trendy and indemand today to get attraction to the public. although ico's these days has got a bad reputation to the mass because some of them are scamming lately.

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October 12, 2017, 08:18:25 AM
 #86

Hello all,
What is according to you more important in a cryptocurrency project between the idea and the team?
Would you invest in a project if there are only 3-5 persons or would you rather trust a big team?

I have those questions in mind when comparing other projects such as Yahoo or Snapshat. They were a small group at the beginning and grew over time.

  i think that it doesnt matter if your team is composed of only 3 to 5 persons, as long as your project is somehow unique and one of a kind.   also you need to think of a concept that is trendy and indemand today to get attraction to the public.

Well to a extent I would have to agree. It doesn't matter how many people are involved as long as they are really into the project. Let's look at how Facebook was founded. Only few have people has started but since the idea is very nice and one of its kind that time, it gained traction about the masses so it grew to what it is right now. So I believed that even small teams are capable to really put a good project in plan and take it into another level. However, there are also project that involves a lot of technical person in the beginning but didn't make it bigtime. So it really doesn't matter how many persons are involved, as long as they are dedicated and they have one goal in mind, to be successful in the future.

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mharz
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October 12, 2017, 01:27:19 PM
 #87

Hello all,
What is according to you more important in a cryptocurrency project between the idea and the team?
Would you invest in a project if there are only 3-5 persons or would you rather trust a big team?

I have those questions in mind when comparing other projects such as Yahoo or Snapshat. They were a small group at the beginning and grew over time.

  i think that it doesnt matter if your team is composed of only 3 to 5 persons, as long as your project is somehow unique and one of a kind.   also you need to think of a concept that is trendy and indemand today to get attraction to the public.

Well to a extent I would have to agree. It doesn't matter how many people are involved as long as they are really into the project. Let's look at how Facebook was founded. Only few have people has started but since the idea is very nice and one of its kind that time, it gained traction about the masses so it grew to what it is right now. So I believed that even small teams are capable to really put a good project in plan and take it into another level. However, there are also project that involves a lot of technical person in the beginning but didn't make it bigtime. So it really doesn't matter how many persons are involved, as long as they are dedicated and they have one goal in mind, to be successful in the future.
Being successful in one project is not about the numbers of people including in job, even small numbers of people who founded a project. I think it will gonna be successful especially if each one have a good idea and own professionalism. Good example the Facebook it comes from certain idea that fixed and mixed until become one of the most trusted and successful social communication of everyone.
Therefore, now bitcoin was starting to become famous and it is not too far to success.

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October 14, 2017, 08:22:48 AM
 #88

As long as they are willing to show the real persons behind their ICO and I won't think of them as scammers because scammers always hide their identities.
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October 14, 2017, 10:16:34 AM
 #89

Easy answer on this one. In my mind the most important in a crypto project is definitely the community. Then of course the team and the development.
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