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Author Topic: Is product important for a project?  (Read 225011 times)
cryptowolfsu
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May 30, 2018, 09:00:38 PM
 #781


For me product is important but not has to be fully ready from investment point. Some demo is OK. as well.
Detailed WP and Roadmap is most important for me where I can see future development plans and how does it
look on timeline. Then looking the Team if they are capable to fulfil all the actions promised on time.

Zverek
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May 30, 2018, 09:09:44 PM
 #782

Yes, I think that if the project that goes to ICO already has its own product, then the probability of success of this project increases several times. But, on the other hand, you can not be 100% sure even in such projects.
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May 30, 2018, 09:11:17 PM
 #783

A product is very important, and more importantly, it's what happens around it because people invest mostly in the hope of rising token prices rather than using the product in everyday life.

Storeplex
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May 30, 2018, 09:13:06 PM
 #784

Having a working project is important I'd say as it not only proves that you are competent and have the skills needed to build the platform you're raising money for, but it is also good as it shows investors what you have in mind and helps them make a better decision about whether or not this is something they want to invest in. On paper an idea might sound great but in execution it may not be, so having a working product that functions bridges that gap. It's something I look for when looking at ICOs for sure.
Akorharrison
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May 30, 2018, 09:15:14 PM
 #785

yes that is main thing there... I think the product and economic impact matter a lot in the project then followed by the team members if actually they have done subsequent project and succeeds.
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May 30, 2018, 09:16:20 PM
 #786

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

The product is of great importance to a platform. After the ICO hype and exchange launched. In the long run, the project is what keeps the platform going, always look for a project with the right product and invest for a long time. a lot has to come in when a platform is said to success.

my 2cent contribution.

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machine1667
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May 30, 2018, 09:16:27 PM
 #787

Yes its very important its because if an ICO dont have a product its so hard to find an investor and for us as a worker we feel comfortable in working through thier company.
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May 30, 2018, 09:19:53 PM
 #788

For an ico project which is looking to raise funds from the crowd, product is very important, product is evidence to show the investors that you can actually deliver on the project and to make the investors to trust you with their money. I cannot invest in a project that doesn't have a product yet.
Dexit
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May 30, 2018, 09:37:05 PM
 #789

Its very important, many investors that do check the workability of the ICO that is to be conducted before they put in their money. Without an existing platform, a token is useless and can be consider a clone cloin of other project
malekcap
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May 30, 2018, 10:33:40 PM
 #790

please tell me why sturt up run an ICO and raise funds through ICO, and why people why worthless tokens without products??! of course product in the main this that you should see to expect the success of the ico or not if the product is a new and creation that no one did it before you ll see that ICO mooning in the first months as it happened with dentacoin, the first dentistry token in the work and many clinics around the world accept DCN as method of payment!
so please take the products in main consideration before invest in any ICO
JRACPJRL
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May 30, 2018, 10:37:12 PM
 #791

I think in a task obviously exceptionally powerful that the name of the item. In addition, the business item is critical. Since I know the business item is a symbol to pull in speculators to put resources into their venture in light of the fact that with the current deals items that make a guide an undertaking will be great later on.
regalis
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May 30, 2018, 10:42:49 PM
 #792

Yes, for me its very important to have a product for a project to be able to connect to the community. The existence of a product would be a stepping grains in the developing a project. This will be the one that will keeps the ico sustain in the progression of its platform in the cryptomarket.

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May 30, 2018, 10:48:49 PM
 #793

Yes, the product is very important in my opinion. If the ICO has already working product in the right area and they want to expand, the ICOs success is guaranteed.

Emmy92
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May 30, 2018, 10:54:13 PM
 #794

Very very important. People like to believe what they see not an imaginary stuff. So with a working Project, investors won't find it hard investing..
Ancient skills
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May 30, 2018, 10:56:02 PM
 #795

The product is the most important thing, it's sad to look at how all the crypto community is chasing the hype. But hype is cached quickly and then it is clear that the project can show.
I always try to find good projects based on technology.
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May 30, 2018, 10:57:22 PM
 #796

Yes, the product is very important in my opinion. If the ICO has already working product in the right area and they want to expand, the ICOs success is guaranteed.
The ICO success is not guaranteed. Most coins need to put fake money into their sales because they want it to look like they have a popular product.

 
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Ebihsu
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May 31, 2018, 12:03:50 AM
 #797

The product of a project is of course important, and you have to be able to see from this product the feasibility of the development of this project. And with a ready product you can convince more investors.
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May 31, 2018, 12:27:07 AM
 #798

Yes, the product is very important in my opinion. If the ICO has already working product in the right area and they want to expand, the ICOs success is guaranteed.
The ICO success is not guaranteed. Most coins need to put fake money into their sales because they want it to look like they have a popular product.
I am confused as to why many ICOs that have good products are not very interested by investors that's why the ICO is not reached hardcap or even sofrcap.
I think it's true that you said about fake money. they should use escrow to be more transparent

andibongkol
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May 31, 2018, 12:35:22 AM
 #799

Yes, the product is very important in my opinion. If the ICO has already working product in the right area and they want to expand, the ICOs success is guaranteed.
The ICO success is not guaranteed. Most coins need to put fake money into their sales because they want it to look like they have a popular product.
I am confused as to why many ICOs that have good products are not very interested by investors that's why the ICO is not reached hardcap or even sofrcap.
I think it's true that you said about fake money. they should use escrow to be more transparent
i think this is the marketing strategy from the developers to make their ICO's famous and to attract an investors. because I think investors prefer with ICO's that already getting a lot of funds

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Darwin123
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May 31, 2018, 12:42:52 AM
 #800

For sure that is the way for ICO projects so the investors will interest on the project and also he bounty Hunters.
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