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Author Topic: Is product important for a project?  (Read 224950 times)
jatin729
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December 14, 2018, 04:46:29 PM
 #2601

Product is a backbone of project. Let's take an example of ICO.
I run an ICO for raising funds for developing a platform for connecting handcrafted manufacturers with blockchain technology but i am showing MVP or prototype to the public than how people invest money into my project. As we know in crypto two thing matters product and utility token. When people invest BTC than they get utility token in terms of it. but if there is no product than what is the fun of having utility token with us.

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December 14, 2018, 07:02:51 PM
 #2602

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 don't think so that product is needed for ICO project. I think there is a need strong development team, previous experience related to their project, responsible roadmap, a clear concept about their project and so.

humm may not need to consider the project team or the whitepaper when looking in the hundreds of ICO projects. I find it best to look for projects that already have products available, experience their products, which is the fastest way to identify a potential project.
Galantin
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December 14, 2018, 07:16:43 PM
 #2603

Now there are few projects that are worth our attention. Because there is not even a prototype. All promise to release a prototype after the investment. I think if the project has a prototype, the project will be successful. Because investors trust few people now.

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December 14, 2018, 07:20:06 PM
 #2604

of cpurse it is importamt and you jeed to know how to use it and how to beat your own laziness and you will understand that

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December 14, 2018, 07:30:29 PM
 #2605

Yes, product is the main thing while we speak about project.
I believe there must be something like proof of work, so project should prove how quality their product is
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December 14, 2018, 07:49:58 PM
 #2606

Products are important for a project so that the value of their tokens can be protected from market volatility, but sometimes these products do not always match what they have planned from the start. So it's better to invest in projects that already have working products or at least have a prototype.
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December 14, 2018, 07:52:34 PM
 #2607

The idea and the product should be in the project. By sight I am now a wonderful project. He has an idea and a product. I am sure that the project will be successful. Projects now offer little good ideas and new products. Therefore, unique projects with products are interesting to us.
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December 14, 2018, 08:00:46 PM
 #2608

Yes it is. When a team have a working product, it will encourage them to do better and offer their users more services. And a project with a working product is bound to do well than its counterpart.
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December 14, 2018, 08:07:39 PM
 #2609

I think the product is important for everyone. It is especially important to know about the product to those people who are planning to invest big money in a project

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December 14, 2018, 08:19:18 PM
 #2610

Of course this is the most basic way to attract more sponsors and larger. When you have a stable product and that they do not have questions about investing their funds.
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December 14, 2018, 08:20:18 PM
 #2611

When a team have a working product before starting ICO it will show their seriousness thus enabling investors to invest comfortably. So I think a working product is key to a successful platform.
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December 14, 2018, 08:28:00 PM
 #2612

If the project that conducts the ICO already has a finished product, then this greatly increases the chances of a successful Fund-raising and, in turn, investors who will buy the project tokens will understand what they are investing in.

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December 15, 2018, 03:24:19 PM
 #2613

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

Very important because most time it is the product that the project is offering that determines the kind and calibre of investors that they are going to get in the project. It does not matter how hard they are working if they are not offering a good product that people are going to be using for years to come then the coins are going to die out

 
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pearcy jackson
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December 15, 2018, 03:54:16 PM
 #2614

In my opinion, the product is very important, because with the product, the project will be more trusted. and members who join will be more comfortable with the presence of these products. of course it will have a very positive impact.
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December 15, 2018, 04:05:20 PM
 #2615

In my opinion, the product is very important, because with the product, the project will be more trusted. and members who join will be more comfortable with the presence of these products. of course it will have a very positive impact.
You are definitely right, but it is also important to consider how much this product is generally needed. if the product has no users then it doesn’t matter is this product exist or not

suhardi3899
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December 15, 2018, 04:37:40 PM
 #2616

By producing a product, I believe that the project will succeed. because with the product it has a plus for the project. many people will like a product, not something intangible. Smiley
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December 15, 2018, 04:55:33 PM
 #2617

The finished product certainly inspires more confidence in the project, and to the fundraising, too , but also an important factor of course should be a good team

The team is good if it consists of different specialists. There must be also people there, who can calculate whether their product can interest a consumer or not. And yes, it means that the product itself is very important.
Andrea_Zeta100
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December 15, 2018, 04:59:16 PM
 #2618

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 important, without it , its just a scam ICO
Santri
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December 15, 2018, 05:10:18 PM
 #2619

of course, because investors don't want to join ICO without products and I see now 2 projects are building their products before starting ico and this is a very potential project in my opinion
PLATIO and IDAP.IO

harapan
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December 15, 2018, 05:27:18 PM
 #2620

yes, I more trust an ICO that has a real product.
whether it's an application or some kind of property, with products that are real, of course that will attract investors to come.

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