Is product important for a project?

[Magnum Opuso]

I think it's important, and as long as they have a product it becomes a selling point and ensures that their project is real and not a scam.

[1714882952]

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[1714882952]

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[1714882952]

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[gwaposakon]

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

I would prefer investing in crypto which has its own product. A product would provide assurance for investors that there would be usage for the coin that will be in circulation. Most of the ICO I invested that proved successful so far has its own product that allows payment for the released crypto.

[MOProgress]

I will answer this straight away, YES! any project without a product, such project cannot excel, as a matter of fact, what every investor looked at before investing on any project is the product.

[EvgenOrel]

Of course the product is very important for the project. I'm primarily looking at the idea that the developers want to implement. But besides the product it is necessary to look at other components such as marketing, team and roadmap. Probably these are the main data that I examine when choosing a project for investment.

[DeKingCrypto]

I want to say that product is one of the most important thing any investor should look out for in any project before investing your money. never you think of investing with product because such project will not be successful.

[conected]

I will answer this straight away, YES! any project without a product, such project cannot excel, as a matter of fact, what every investor looked at before investing on any project is the product.

- I do not think so, it's a false thought, so many projects have products but you can see, number of projects and teams can work with their products until now, numbers are still very low, even the value of the project decreased after the product appeared. You should look and search in reality, all investors always just love the idea and roadmap to develop the project, then invest to help the project complete the first stages and when they are profitable, they will abandon the project and seek new ideas, this is the crypto world, not the real world, the product is not much value here

[Volk-05]

Of course.  After all, it will be much easier to attract investors if you have a finished product that you can show them!

[nreal]

For most people, the product is an important criterion for evaluating a project. It allows people to evaluate the model, the idea that the project is moving forward.

[Cianix]

I think that product now not strongly is a key factor , on me more harvest funds projects which have very recognizable team

[elitemobb]

Of course, the product of the project is an integral part of each project as it is the person and the main criterion for evaluating the project, and if the project has no product or is not fully developed, then such a project does not shine on the cryptocurrency market

[Evushko]

Definitely having a good product is important for a project. This is one of the most serious criteria when choosing an ICO for investment.

[sergey1301]

Sure it does!! The finished product is a guarantee of the success of the ico project. And on the part of investors, to such a project, more attention.

[Dorvei]

It is very difficult to answer this question, because sometimes ICO is conducted precisely in order to raise funds for this very product. The team at the first stage has no opportunity to put the conceived idea into reality, without the collected funds..

It is necessary to pay attention to how real this project is, and whether it can exist and be used in real life.

[Mavis]

The initial step for a project is the product. If ICO projects that want to collect funds have real products, investors are interested and invests in risk taking investors. ICO is basically a sector seeking money without offering products. The team that is serious about the product should convince people.

[dataispower]

ICO success or failure depends on the product. Of course, if the ICO launches with a good product, the chances of success are high. But as far as I can see there are very few altcoin and ICO's that have products. The rest are altcoin activities that have never had a minimum product

[Ravenangel]

It may not be something extremely necessary, but I do think it is very important, especially in new projects that need the approval of different investors so that people begin to enter into confidence and want to support them.

[yingfeng]

Of course. The team should have something else besides white paper. If you look at good projects, they all had work products when they went to ICO. After ICO, the teams hire new employees, improve and launch their product.

[johnalyn]

Yes of course product is the one of most important things to a project to show to the people that they have a good product that they can use.  And I think having a good product is a way to make a sample of their inner purpose to help the economy and the community to grow with that product that they make in their project.

[Finist22]

Many simply hired a developer to create a smart contract for their token. In the end, recruiting developers and writing codes cost money, and without an ICO it’s hard to find money. Such funds, as a rule, enter the market with great pathos, but tend to burst like a bubble.   

[nianastasia62]

For the project is very important not only the product but also the development team that creates it if the project is not a good team and the product will not be good too !