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Author Topic: Is product important for a project?  (Read 225013 times)
btc_love (OP)
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March 14, 2018, 10:18:18 AM
 #261

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, a finished product, application, platform or ecosystem is important for a project that launches ICO. For many investors, the availability of a ready project for the project is an important criterion for choosing a project. By the way, it is these projects that are more successful during the ICO release and more often implement their plans after the ICO, than those with only an idea or "white paper". This is a good indicator that the team actually has plans to create a working product.

Agree. Because it is all about a product and future results. ICO is important, but it's just beginning. More important is what company will be doing after ICO stage
upisdown
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March 14, 2018, 10:28:34 AM
 #262

Yes, ofcourse a ready-made product is very important and essential for ICO project, and all wish to invest into some product with great basics.

manlyxman
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March 14, 2018, 10:30:06 AM
 #263

A working product is very important for me when looking to invest in an ICO or a coin.

In fact that's one of the main things I look for nowadays, since a lot of ICOs are scammy.
jaredl
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March 14, 2018, 10:30:57 AM
 #264

yes. A ready made product is important for any ICO project.

It does show that the dev team is serious and really dedicated to making the project work.

But more importantly is to prove that the product has a demand.. no point making a product which no one wants.

It is important to prove the business case.. ie a product that is needed or a service that fulfils a gap.

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btc_love (OP)
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March 14, 2018, 03:20:43 PM
 #265

A working product is very important for me when looking to invest in an ICO or a coin.

In fact that's one of the main things I look for nowadays, since a lot of ICOs are scammy.

unfortunately, scam projects spoiled ICO reputation. That is very sad
South Park
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March 14, 2018, 05:16:40 PM
 #266

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 too many opinion about ICO project, Some project came in this online market with his won product or some project came without product. ICO have a too many kind of product but without product ICO is not trusted so ICO project must be need to product it can be digital type of product or any kind of product.
In my opinion having something already developed should be mandatory for an investor to even consider investing in an ico, however we know that is never going to be the case there are almost no regulations and people are incredibly greedy even if they know that the project may be a scam they will still invest in it thinking they can obtain profits out of  it which explains why there are so many scams on the market.
raven7886
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March 15, 2018, 06:45:34 AM
 #267

Having a good working product is definitely important, for one it brings more trust towards the project itself. Members will feel more comfortable with investing in a project that has an physical product. If a working product is not available, then a prototype or a demo is needed that will show how the actual product will work.
Yeah, it is. One thing about having a product is that the coin you are investing in will have usefulness and you will at least be sure that you are investing in something real and the idea behind the product and how useful it is to the community at large and the global population at large is what would make it work. Any ICO without a product is more like investing in a company without anything to show for it, how will you know if the team will ever deliver on a promise if it is empty?

Product is a whole lot important. A lot of investors have ended up investing in empty promises and we all know how that usually ends up turning out at the end of the day. For a project that has product, that shows the team is ready to work, there is a whole lot to watch out for in the future as the coin or token becomes very useful and that is what really makes the whole idea of having a product sensible.
Fasdartin
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March 15, 2018, 07:05:41 AM
 #268

Usually, most investors look for ICOs or projects that already has a good working product before investing. A working product means that only further development is the only thing needed to entice investors. Only further development is needed in such coins and active marketing strategy.
Yes if course it is important because how can they advertise a project without a product. It is the only thing to represent that there project is working, having a good product means your project is successful. Also it can attract more people to trust to one project when they saw a good product.
natsu01
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March 15, 2018, 07:08:09 AM
 #269

Product is very important to a company because it is the main reason why the users or customers will support the comapany and they will get a good response from the users.
Geoll29
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March 15, 2018, 07:15:37 AM
 #270

In any kind of investment or business a product is really a plus factor for the creator. More patrons trust a project that has product that comes with it. Along with the product is the individual creator who should be trustworthy.

sharkpc2000
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March 15, 2018, 07:15:43 AM
 #271

Each investor himself decides to trust the project or not according to his preferences. For someone, the availability of a product is important, for someone not
gabum19
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March 15, 2018, 07:21:51 AM
 #272

Yes it is important. Because every project has to be known by all investors to create more business affilation. Its imore for all the team.
Sureness
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March 15, 2018, 07:25:12 AM
 #273

Yes it is important. Because every project has to be known by all investors to create more business affilation. Its imore for all the team.
Of course it's very important for an ICO. For me I always looking for an ICO which contains some specific requirements, one of them is ICO should have at least Alpha or Demo version of product before ICO starting.
Actually, I think most of ICOs out there just talk about their concepts without any product developments, if they really want to make their ICO seriously, they will not be that hurry, they should work on product first
idioma1
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March 15, 2018, 07:30:55 AM
 #274

Definetly yes! I prefer to invest in projects that have ready-made products and do not tell only airy promises.
Troysen
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March 15, 2018, 07:44:39 AM
 #275

Product is very important, without a reasonable product then the project is nothing as it has nothing to present to the investors. The product of a project is great determinant of the project's sucess
waiki
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March 15, 2018, 07:51:44 AM
 #276

Obviously the product is important for a project, the product can also determine the success of a project, if the product is not clear which one wants the person to follow the project.
TrumpD
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March 15, 2018, 10:00:06 AM
 #277

Product is very important for investors, because it give them more confidence to put their money there. However, there are some visionary ideas which are worth backing even before a prototype is made. For example great ideas that spin-off an existing solution or product. So for the investors, they can already have a feel or know what the product is like, then they invest to make a better version of it with a different company. But for virgin territories, it is important to have a product, even a not so great prototype can go a very long way to convincing investors.
KalaiBTC
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March 15, 2018, 10:21:16 AM
 #278

Product is very important in order for the project to succeed.  Investors of course are looking for a product if they are sellable, useful or  not. Having a good product is a key on the road to success.
It is the end product which really makes the difference as this is the only thing which you have in order to present it to the rest of the world. People are least concerned about the process which you followed or anything like that. The only thing which can attract tem is what you show them and how much attraction your final product has got and that you need to keep the audience interest in your mind too.
Restmand
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March 15, 2018, 10:25:15 AM
 #279

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 very important because if you don't have any product i dont think the project will be sucessful. It is like an making a thesis and propose the product you want to do. Project based on the products. When you do an projects you can think about what products can make people happy or it have a benefit
Rida Zafar
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March 15, 2018, 10:54:54 AM
 #280

without a product, project is like arrows in the air.
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