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Author Topic: What is the most important in a cryptocurrency project?  (Read 3276 times)
icekream
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October 05, 2017, 03:47:41 PM
 #61

I feel it's the marketing...
A good coin without marketing won't still be recognised
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October 05, 2017, 07:32:36 PM
 #62

I feel it's the marketing...
A good coin without marketing won't still be recognised


that is so true u can have the best idea that is most useful its nothing if u cant market it and cant build a community to spread it, that is unfortunately quite tough and humans arent born with that skill

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October 05, 2017, 09:25:24 PM
 #63

I feel it's the marketing...
A good coin without marketing won't still be recognised

You're wrong, marketing is just a way to raise awareness about the existence of your project. For me what's the most important thing is what will be the use and sense of your project? Do you really have to create that? After the project what's now then? I agree on him.
innovation and real usefulness!
This what should the upcoming projects should focus since most of them are just the same crap and that keeps on renaming their projects and keeps on relaunching.

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October 05, 2017, 10:02:45 PM
 #64

I think most important is to gain trust, in crypto it's more hard because of bitcoin nature, there is no way to get money back if you deposit somewhere. OP you asked if someone would invest in project where there are 3-5 man. I would say yes and there are many facts, usually bitcoin gambling websites are with some men but as you see people invest in their website to get profit (this proves gaining trust is main idea too).
The most important factor between idea and team is well organized plan.

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RedX
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October 06, 2017, 01:17:01 AM
 #65

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.


It doesn't matter to me if the team behind the project are dozens of people or 2-3. What important for me is their backgrounds, if their skills fit perfectly on the project because I want to be sure that they know what they are doing. I don't want those types of team who are starting a project then announcing that they need a person that is able to conduct the project.
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October 06, 2017, 01:50:52 AM
 #66

Probably the most important thing is just their transparency, i would never invest into a project that is never showing 100% transparency about their funds, how do they manage them, and how are they going to make revenue from their project. And obviously their devs should be nice people, and be very active too.. There are too many scammy icos at the moment, i dont know in which one to trust anymore.

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October 06, 2017, 08:36:35 AM
 #67

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.


It doesn't matter to me if the team behind the project are dozens of people or 2-3. What important for me is their backgrounds, if their skills fit perfectly on the project because I want to be sure that they know what they are doing. I don't want those types of team who are starting a project then announcing that they need a person that is able to conduct the project.

For me it matters but aslong the team consist of popular and skilled guys then that could be a good plus since they can work easily and accurately with their product since they could assign each other on different task,  And its pity and feel sorry for those investors to go with the guys who's seeking some help here since it means that they cannot back their project up and this one could be our indicator that project is shit and the coin is more shittier.


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October 06, 2017, 10:07:49 AM
 #68

- It should be useful and bring an innovative solution that solves a real world problem
- There should be demand for this solution
- There should be enough knowledge about the particular market the product will be launched on.
- It should be clear how investors are rewarded, how to make a profitable company etc.

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October 06, 2017, 01:21:51 PM
 #69

I feel it's the marketing...
A good coin without marketing won't still be recognised

You're wrong, marketing is just a way to raise awareness about the existence of your project. For me what's the most important thing is what will be the use and sense of your project? Do you really have to create that? After the project what's now then? I agree on him.
innovation and real usefulness!
This what should the upcoming projects should focus since most of them are just the same crap and that keeps on renaming their projects and keeps on relaunching.

i have an innovative and useful coin but my marketing isnt developed so nothing works well, not even for the early development phase. So i have i am currently working mainly on marketing, the idea.

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October 06, 2017, 02:07:58 PM
 #70

1. Vitality and originality of the idea. The project must solve the real problems of users better than existing solutions.
2. The team. Where everyone understands what he is doing.
3. Strong advisors in the crypto currency, subject area, marketing and the legal field. Or such professionals in the team.

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October 06, 2017, 04:58:45 PM
 #71

There many project in crypto that exist, in my perspective one most important in cryptocurrency project are, usability in real world and true innovating project. And ideas and project are exist in crypto for the sake of having a "project" but in the end the project remain useless as it dont have a usage in the real world even innovation. If you want to make a project it should be useful. Like for example Facebook that connect different people around the world in just one click. Its a simple idea that turns in to a million dollar company as it is very useful to everyone.

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October 06, 2017, 11:18:15 PM
 #72

I saw the whitepaper about Cappasity and how do you thing it is a scam? https://artoken.io/whitepaper

dunno...but doesn't look like scam..  Cappasity established more than 3 years ago and already launched the platform, crypto looks like natural next step but not like scam
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October 07, 2017, 11:15:50 PM
 #73

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.

In reality, having a large team working on a project does not assure or guarantee success. And it all depends on the nature of the project, why would you want a 10 man team for a 4 man job. Total waste, I believe, and the economics is completely off.

You add to the team when it is necessary to, no point having a big team if there is no value to it.

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October 08, 2017, 06:44:25 AM
 #74

A good question. The most important in project is how the company coming in pre ICO period and what others  response about it . If they advertise it successfully by group who will work behind it, it may come with successfully in market. if the pre ICO is success then ICO period is important in same way.

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October 09, 2017, 10:29:35 AM
 #75

It is impossible to chose between team and the idea. The combination of this two is giving the greatest results.
Sometimes it happens that the idea is great, but the team is so poor that they just have no skills and knowledges to realize it. Or the team is pro, but the idea is so so and it just not in the demand and it all lead to big costs.
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October 10, 2017, 01:02:35 AM
 #76

I believe its a community of users, if people don't actually use your cryptocurrency then it has failed woefully.
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October 10, 2017, 01:36:52 AM
 #77

Never listen to chinese greediness
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October 10, 2017, 01:51:39 AM
 #78

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.

sometimes for traders they just follow where the money is but for investors which want a long term HODL a clear goal and use case is important. For me personally i want a project that really have real use case such as facilitating remittance and money transfer with low fees that would be at par or lower than the existing. Fast transfer/processing.
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October 10, 2017, 05:12:41 AM
 #79

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
 #80

 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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