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Author Topic: Is product important for a project?  (Read 224958 times)
TheBountyManager
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March 09, 2018, 09:11:23 AM
 #121

Every successful ICOs has their own good working product/services and those who failed with their ICO phases doesnt have any produt or they have but it is not so good.Products will be the main reason why those investors are going to be convinced to join your ICO that is why existing products is a must because it will be the main reason why most of the people will support your project.
okissabam
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March 09, 2018, 09:16:03 AM
 #122

Yes it is important because at least the developers know that it is working. It will be an advantage to them if it is a product who has some outcome already and they will just take it from there to better the project and work its way og progressing so investors would be more drawn.
dominasikoin
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March 09, 2018, 09:16:31 AM
 #123

Guys, how do you think, is a ready-made product important for ICO project?

In my opinion, it is, because it can show investors that the team is ready to bring huge results and has future plans.

As an example - KickCity, event platform where each user is rewarded for event promotion. You can try it today. More information you can find here  https://medium.com/@kickcity_io/kickcity-public-beta-5aa66fafc5c7

Of course the product is very important for a project, the product itself represent the project and become one of the reasons why people need to join,participate, and invest in that project.
I personally think that product is one of the most important thing in a project.
Budi kusuma
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March 09, 2018, 09:18:15 AM
 #124

one project must be clear about the vision and mission in the direction, as well as the detailed exposure of the work team itself so that investors believe that this project will grow rapidly in the future
commanderbitcoin
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March 09, 2018, 11:09:07 AM
 #125

Guys, how do you think, is a ready-made product important for ICO project?

In my opinion, it is, because it can show investors that the team is ready to bring huge results and has future plans.

As an example - KickCity, event platform where each user is rewarded for event promotion. You can try it today. More information you can find here  https://medium.com/@kickcity_io/kickcity-public-beta-5aa66fafc5c7
Product is very important but it must be a working product not a lame product. It needs to be functional because a product that is not fully functional is a useless one. Make sure you didn't came up with a product just to hype the investors because it will bounce back to you if  your product has a defect.

Crypt0BHunter
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March 09, 2018, 12:50:40 PM
 #126

Conscientious team is very important for a project which is able to create a mvp described in their wp.

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emoji00
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March 09, 2018, 01:05:06 PM
 #127

Guys, how do you think, is a ready-made product important for ICO project?

In my opinion, it is, because it can show investors that the team is ready to bring huge results and has future plans.

As an example - KickCity, event platform where each user is rewarded for event promotion. You can try it today. More information you can find here  https://medium.com/@kickcity_io/kickcity-public-beta-5aa66fafc5c7

An yet another promotional psot of kick city. Yes, sure product is important, but earning the trust of the community by fair means may prove more important than spamming a forum.
Jannalsieh
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March 09, 2018, 01:09:02 PM
 #128

There were many ICO projects back then that came out then failed, most common trait that they all have is the absence of actual physical product.
Having a product in itself will usher in trust from the community that supports it, members will feel comfortable and become integral to a strong and growing community of supporters.
sksshopee
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March 09, 2018, 02:13:05 PM
 #129

Product  is important for a project. Customer needs evolve over time, and the product has to evolve as well. There is also no clear deadline. A customer expects a product to meet their needs right NOW, not at some distant point in the future. Thus product development is not a temporary or occasional endeavor. It is a continuous process of delivering new features and improving the product.
toygama
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March 09, 2018, 02:32:39 PM
 #130

Yes product is important. If theres no product then they are just selling dreams. An ICO that has already a working product has an advantage over others that has not. But the success of the project depends on the team how they will manage and develop further their product.

ICO is determined and judged by the product itself and the people behind its individual projects so it's important to verify first the team behind its project. Their product it's the image of the whole team, and the success of the project itself. I

jerrysmith
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March 09, 2018, 02:57:43 PM
 #131

Of course because that products would be the reason why most of the investors will invest to your project,and most of the successful ICOs has a good working product/services that is why they have achieved success
ROB18
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March 09, 2018, 03:06:59 PM
 #132

Yes of course a product is a huge factor for the project. Imagine if you already have a working product and you are just utilizing the block chain or a crypto to just further and enhance your business. Many investor will be very interested on the project since you have a working product already.

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March 09, 2018, 03:08:49 PM
 #133

Guys, how do you think, is a ready-made product important for ICO project?

In my opinion, it is, because it can show investors that the team is ready to bring huge results and has future plans.

As an example - KickCity, event platform where each user is rewarded for event promotion. You can try it today. More information you can find here  https://medium.com/@kickcity_io/kickcity-public-beta-5aa66fafc5c7
Generally it is. An existing or working product is or should be the end goal of any project. This would make any project almost a 100% legit. This will give more value to the project as a whole and will attract more investors and users. The success of a project usually depends on the quality of its product.

procopiapao
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March 09, 2018, 03:54:41 PM
 #134

Of course. For me, it is easier to see if the project is successful through their product. And also through the product, you can attract or hook the attention of people and gain their trust and eventually, they will invest in the project.
Adil Amim
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March 09, 2018, 08:02:09 PM
 #135

A Product is anything that can be offered to a market to solve a problem or satisfy a want or need. It has a life cycle with multiple stages. A product is conceived, developed, introduced and managed in the market, and retired when the need for it diminishes. A product can only be developed within the context of a project, and multiple projects can occur within a product’s life cycle.A Project Manager is responsible for the successful delivery of the project within a specific deadline and budget. One of the most difficult tasks for a Project Manager is managing the scope of the project. 
weav
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March 09, 2018, 08:14:13 PM
 #136

Like you said , it shows it isn't a quick moneygrab at least. It gives me more confidence in the project. A lot of ico's are asking for money solely based on just an idea , which is the biggest problem with ico's. Once they receive their money they don't have much incentive to work on the product.

engrshu
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March 09, 2018, 09:28:16 PM
 #137

A great product is the heart of every project. That's what you offer for your investors, a great product will always lead to a successful project, but of course it should be backed up with a functioning team.

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sourish
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March 09, 2018, 09:31:11 PM
 #138

Product is definitely important for any project but you dont really need an answer, your question was just a precursor for the promotion of kickcity.
Hati
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March 09, 2018, 10:29:25 PM
 #139

Guys, how do you think, is a ready-made product important for ICO project?

Yes, of course. I think that an ICO that has a ready-made product it's revalued much more than if it doesn't. It's a very good cover letter. They are showing the investor what they are proposing, so that the investor can evaluate the product and the idea. It's a way of saying they're working hard and they're not selling smoke. And in a way it's a reflection of the capabilities and value of the team.
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March 09, 2018, 10:47:10 PM
 #140

For me I consider ICOs that have a working protocol bcos they tend to do better. But  is advisable you do your own research before you invest in any project.

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