Is product important for a project?

[charlzyeby]

Product is important on any day even outside cryptocurrency in attracting a good number of investors. Everyone wants to invest in something that is more concrete and working. Ideas don't work sometimes but a concrete projects gives hope of a valuable future price.

[yslyv]

it should be important. but due to crypto market is still very new and very open for manipulations, the value of product is not exactly related with marketcap of the project. so there are so many underrated and overrated projects around.

[cryptomite]

It is very important for me because a good product identifies a good development team that spent some real time and effort on their project and they would do their best to complete it successfuly.

[Loropot]

I would not advise you to risk and invest in a company that does not have a product.  This is very risky.

[travwill]

I think that the product in the project is very important. The goal of each project is to provide and implement some kind of idea through the product. Without a product, the project has no future.

[danmoris]

Its definitely a plus factor if the product is ready but I would not rule out a good ICO just because it does not have a product yet.
If the product, whitepaper and team are good, and if the roadmap is being followed, I see no reason to exclude an ICO simply because it does not have a final product yet. An example of such a case is DIW Token who did not start off with a product but have succeeded in realeasing the alpha version of their product 2 days before the end of the ICO

[coinmaster241]

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

One of them as you exemplify, Project of exchange is also promising because circulation of coin / token at any time running and many in need, token of the exchange can also increase along with success of circulation of coins so rapidly and used throughout of the world, such as Binance (BNB), Kucoin (Kucoin Shares), Bitpaction (BPS), and others I haven't known. just look at value of rising steadily along with development of the exchange platform

[Tamilson]

That's definitely an edge of an ICO if they have already available product. I think we should stay away from ICOs that will just launch their product once they already raise an amount. I believe the money raised should be use to innovate the product and not to make the product as this will show how they manage and how competent the company in this kind of market.

[Deborah]

Working products are the main reasons for long-term investment. If the project just wants to use the popular word "stop" to make money, in fact, no such technology is needed in the product, then there will be no future.

[Tosin12]

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

Most definitely product is important for a project, this is one of the factors I consider to know genuine project other than the ones that just come to raise fund and elope.  A working product or developing one is very germane to the trust and confidence you have in any project because if prove they've been in the business and just want to go into ICO for further development of their products

[Nivelir]

The product of the project is of the greatest importance that can only be imagined and this is in fact a very important procedure. Very far, that many projects do not aspire to release their projects, because they simply are lazy to do it.

[rockybar]

yes, its absolutely needed for a promising project. projects that has a very interesting products investors will invest alot to that project. if your project doesn't have a good products investors won't attract your project and won't invest. but if your project has a premising product on crypto investors will be amazed and invest.

[DamilolaB]

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 believe the product of project is the substance of the project and this is what investors will see to be able to put their money into it. The success or failure of an ico rest heavily on the product behind the the project. The development to the product tells so much on the future prospect of the project.

[blue08]

Yes, it is a big factor to have a readily available product in every project because it shows that the project is ready to launch and the investors won't have to wait for too long to gain profit.

[bjksk]

Yes of course, can you imagine, there is no project. I think it is very very important for ico project, people want to see the real or demo project

[bamb]

If a project has a product that will help people save money and improve their lives in certain way, such project will rise and become succesful based on these fundernental need of people. And if such project also have a technology thst make life more enjoyable, you can expect such project to rise in price and value!

[taeyang_123]

I do think platforms and apps are very important because it means the company inherently has some value. For example, if the project already has clients and customers or partners, that means a lot to potential investors because these projects are more stable. In addition, I do think it’s important that investors understand that projects without projects are more unstable and more likely to fail. Therefore, proving to them that the project is growing is very important. Also, building a platform is not easy but just like IPOs, that should a key issue.

[LUCKY21]

Having a product at the project is definitely a big plus. This indicates that the team came to the market not just to raise money, but will really develop. Accordingly, investors' money is more protected from depreciation and there is a more realistic opportunity to get a good return on investment.

[cryptobucs]

Yes definitely, products is the heart of the company. The sucess of the company will rely in the product. So the product should be useful and unique so that the ICO has a big chance to succeed.

[vhroen]

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

Prototype or MVP in ICO's project is enough to make the ICO looks legitimate but a ready-made product or established project - up and running is even more attractive to the eyes of the investors and bounty hunters because it only means that those ICOs have already proven their legitimacy. They already have a track record to present to everyone who has an interest in their projects and public sale offering. This is almost sure successful if not all - if this kind of company would join an Initial  Coin Offering.