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Author Topic: Is product important for a project?  (Read 225011 times)
Baimovic
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March 07, 2018, 01:47:00 PM
 #21

owh, of course very important, you give kickcity example, and I see other ICO product like hydrominer which have success with high sales.

the benefits of hydrominer is to save the source of electrical energy while doing the mining, because hydrominer offers hydropower. so making it more environmentally friendly and efficient.

iigor
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March 07, 2018, 01:48:10 PM
 #22

Of course the product is important. If the product has some real use, this will gain the popularity needed and will increase the chances of success.

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March 07, 2018, 01:50:46 PM
 #23

Everyone thinks that product is important thing before ICO landing.
I got another point of view. I think idea is the most important. When project with idea enters the market - they show who they are, they show what they want to do and how it can change the world, and they need to realize it.
When project with completed product enters ICO - I dont know WHY Huh They already made it, why they need extra money? They can find it in other places.
And I really dont know which position I like more.

Maybe like this - great projects with great product just enters the market, for free(or something near that). Projects that have idea and want to realize it - they can make ICO. Maybe like that.

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Sohag Barman
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March 07, 2018, 01:52:56 PM
 #24

I think products is very very important for a project. Investor see that the project road map and working step by the road map. If there have products or app or more physical thinks they can believe this projects. It's just my opinion.
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March 07, 2018, 01:59:24 PM
 #25

I think a lot of important things in a project of course because a project that requires full support in the original company even as the product is produced.

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March 07, 2018, 02:01:18 PM
 #26

I think any project needs a product. That proves that the project is doing very well and making investors feel more secure with their investments. A good product will demonstrate excellent work team, project quality, credibility. Investors will be willing to invest in these ICOs because they can see that the project has a greater chance of success and that their money can recover and profit sooner.

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barlo357
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March 07, 2018, 02:14:51 PM
 #27

Yes ,because how can you make a sale with out product?every business has a product and the product means is the outcome of the project.But every ICO have their own style of marketing strategy which is very important to express or to explain what product is.

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March 07, 2018, 02:19:00 PM
 #28

In my opinion having a working product ready is the most crucial successfactor for an ico. This gives the investors a clear sign that the ICO is no scam, the trust in the project raises and so does the money which will be invested into the project.


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March 07, 2018, 02:20:22 PM
 #29

Can anyone give me an example of a project that has no real product and still goes strong on the market??

I can give you an example of a project that is going to deliver a great product, I will sure they will succeed:
https://www.youtube.com/watch?v=vHzCjGcI1UQ
Looks good to me!
Don Stefanello
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March 07, 2018, 02:23:03 PM
 #30

Yes it is important, but not obligatory, many good project reached high on coinmarket cap without a working project, but only a very good team behind it and a very good idea that people trust, thats one one of the important things, but i would always give advantage to the project that has a working product
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March 07, 2018, 02:23:16 PM
 #31

From a US regulatory standpoint having an operational product before a token sale is really important. The Howey test is the main standard the SEC uses to decide whether or not a token is a security or instead a utility token. If there's no existing product use for the token then the SEC has strongly signaled that they will consider a token a security because the only thing people are buying is the expectation of future profit.

There's some good literature out there on the Howey test that's worth a read.

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March 07, 2018, 02:23:31 PM
Last edit: March 12, 2018, 01:59:28 PM by altcoinhunter01
 #32

The product  has a major role in any project because if product is not good then it can not be sustain in long run and project collapse . Always go with a solid project if you want decent profit in long term.

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March 07, 2018, 02:27:21 PM
 #33

Yes it is very important as an investor you will be giving a plus factor to any ICO which have physical product that is already running.
This is one of the best thing to consider to invest more. Remember that ICO is also like gambling, we dont know if we are on the right one and not a scam.
By having an ICO with a product running we can consider it as a good investment already.
btc_love (OP)
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March 07, 2018, 02:29:47 PM
 #34

Yes it is very important as an investor you will be giving a plus factor to any ICO which have physical product that is already running.
This is one of the best thing to consider to invest more. Remember that ICO is also like gambling, we dont know if we are on the right one and not a scam.
By having an ICO with a product running we can consider it as a good investment already.

I believe a product makes investors more confident. Because they know what a company can
Lama_in_da_house
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March 07, 2018, 02:44:38 PM
 #35

product is good, but why a project need an ico if they already build a product

also i tried kickcity. when is the next event?
marados
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March 07, 2018, 02:50:20 PM
 #36

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

Definetly as you said, it is important. Atleast if they don't have already a working product, then like this some alpha or beta version of it, so users can try it before investing in it. Also atleast for me, it gives me some certainty that they will strive to bring even better results in the future.

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Getcoinsite
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March 07, 2018, 02:55:34 PM
 #37

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
this ico is familiar,I guess its ALEKSANDRA.KICKCITY has been promoting this for how many threads,and same strategy that CREATING A THREAD AND PUTTING THEIR ADVERTISEMENTS..nice style

But about the topic,in some ways it is,because it allows the ico to distribute instantly the product to the people in quick and easy way
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March 07, 2018, 02:57:25 PM
 #38

yes I think it is very important because then we can see the quality of a project. we can know what goals and plans that will achieve success and fruitful results as expected.

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March 07, 2018, 03:06:14 PM
 #39

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
There are 2 kind's of Business, its either they offer product or service.
If the company dont offer product or service, I do'nt know what they are, for sure we can't call it business.
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
this ico is familiar,I guess its ALEKSANDRA.KICKCITY has been promoting this for how many threads,and same strategy that CREATING A THREAD AND PUTTING THEIR ADVERTISEMENTS..nice style

I have the same suspicion too, that this is one of their advertising strategy.  Grin

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March 07, 2018, 03:11:02 PM
 #40

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 ICO must be developed from the earliest conditions, I think it is very difficult to get an ICO that has good prospects. A product offered on ICO is very important because it can make a person's perspective change, if the offered product is attractive and the presented whitepaper has clarity so everyone will not hesitate to invest in an ICO project. but let's see if the project does not offer anything interesting in their product then certainly they lose a lot of investors and the loss will be the end result. So the product becomes a thing that should be designed very well, the project should be able to give confidence that the project will experience success.
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