Is product important for a project?

[cointrust]

For me I think its important to have at least an alpha or beta but a lot of the time ICO's normally do well on a promise and no working product.

[pokokeke]

I think for now it does require a product in a project.
because of the product that we can get additional trust from an investor in a project that hold ico and make altcoin.

[nguyenhoven]

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

it is really great if ICO already has working product or at least some prototype. That shows the team capability to deliver not only to speak and then disappear. I hope more and more projects will be approaching ICOs this way.

[arthur25]

In my opinion the project without product is very foolish idea. No one on earth will develop a project without some kinds of idea in hands or in the future. Products is the main introduction of one ico, without it the project will surely end easily because there is no product or it is not proven how the people believe so.

[Golftech]

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

If the project already have product and it can be widely used then it's really create impact to investors, it will attract more people to support as they've got some good edge instead of waiting for those project who are just relying with how much money that they will collected, though it isn't the assurance but for
sure it have some good impact, building project and advertise uses to attract investors will be much easier and it will give an instant review as the team can
allow investors to try their product.

[ruzadovec]

Product is an important component to help the project succeed. The product is aimed at users and many investors are interested then surely your project will be very successful.

[Kronos21]

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.

Many ICOs do not have a ready-made project. They only have an idea. It seems to me that this is the main problem. On paper, you can draw anything you want. Even space ships on photonic engines. But without a working model, it will be just words and it will be difficult to attract funding.

[btc_love]

Product is an important component to help the project succeed. The product is aimed at users and many investors are interested then surely your project will be very successful.

I am not sure a ready made product can guarantee success to a project. But it makes investors more sure in your company

[housebtc]

It is very important in the current space we are, the level of scam projects are on the rise and to see if the team has the capacity to deliver on what they promised, even you can see most of the recent ICOs are showing a prototype for the platfrom, the quality of the team is Okay but knowing they can deliver on this is more important

[nydiacaskey01]

Product is not that important as 99 times out of 100 people do not do proper research. They mostly follow hypes: see "what coin to buy" questions on this forum.

Not sure where your answer is coming from but, if those 99 people will do proper research, where are they going to base their decision to buy the token? The people behind it? The white paper that doesn't say anything about a product? Even if you have the greatest minds behind a project but there is no product what are they going to tell the people to buy the token if they have no product. Even if they don't have the product but they have the idea on their project, you can consider that as a product. Just my opinion.

[kerpangan64]

not all projects require products I think this is applied to a project formed in a ico taken from a product
such as bananacoin. (BCO)
and projects like REAL EASTAT do not need the product.

[Pandu Gleen]

so many projects that have a different theme from one project to another project, if indeed want to find a good project is we must see the purpose, core and intent of development project that we will follow.

[kaito.]

a working product is part that will attract more investor interested to invest in ICO project, so that really is something important for the succesfull of ICO, since trust of a custumers is important. you don't want to invest for something that you don't know it will exist or not in the future right?
many ICO project doesn't have MVP and in many case they don't even have a working product and only with idea on their whitepaper and roadmap.

[canman]

I think product is very important to a project. if the project without the product. I thought it was a dead project. and does not make sense

[tinof]

The product is cornerstone of the project. If the product is hot, so is the project. On the other side not working product can push the investors away and cost many problems.

[danherbias07]

Yes and PundiX is also one of the examples.
A product is the best to tell that the company is running and also good service.
If they are scammers, then they dont need waste money just so the people will see the product. They wont do that, they just run away and let it be.
Goals should be met and even if the value of the coin of one Post-ICO goes down, it doesn't mean it is the end but yet a good chance to buy a lot of it.

It will be harder to trust those who will just use the blockchain technology only. Better with something else.

[btc_love]

The product is cornerstone of the project. If the product is hot, so is the project. On the other side not working product can push the investors away and cost many problems.

Maybe you are right. If there is a ready-made product, but it's bad nobody will invest

[twostepsally]

If don't no the product you can't create the project. So product is important for the project.  So product is important for choose the best project. you learn the project the information. Then you know the best project. Choose the best project then get more information. This information help to improve you knowledge and invest for the future business process. It good to use for the future growth.  

[kickdapa]

A good project would be a project with product created. opposite. If the project does not have the product. That project is definitely a scam

[jalaaal]

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

yes it is, without it, how can you possibly convince the investors to invest on a certain ICO if you dont have  anything in return that can be useful after they put their money on you.