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Author Topic: Is product important for a project?  (Read 224958 times)
McDee
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July 05, 2018, 11:14:03 PM
 #1241

If a company enters the market with a ready-made software solution or with a ready product, it is always more attractive to the investor than a team without a finished product. I believe that investors should always pay attention to this factor.

CryptoqueenM9
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July 05, 2018, 11:23:48 PM
 #1242

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


In my opinion, for an ICO project, the product or service that they offer should be ready and explained or showed in the best and clear way that they can so that will give them more trust and also the costumers can have more knowledge of them and feel more trust to be part of.
dollurs
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July 06, 2018, 05:18:09 AM
 #1243

For me, yes. If there is no product then what is the point of gathering funds ?. How can we trust a project without any product to introduce?. Anyway this is just my personal idea.
Irvinn
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July 06, 2018, 05:54:19 AM
 #1244

Of course, the availability of the finished product even during the ICO is very important. This primarily indicates to potential investors and participants in the ICO generosity campaign that the project is working and that it is not fraudulent. Such an ICO will quickly collect the necessary funds, since there will be more confidence in it.
ak49er
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July 06, 2018, 05:56:45 AM
 #1245

Of course, the availability of the finished product even during the ICO is very important. This primarily indicates to potential investors and participants in the ICO generosity campaign that the project is working and that it is not fraudulent. Such an ICO will quickly collect the necessary funds, since there will be more confidence in it.

Only now I do not remember a single project, which during the ico would have a finished product

rufus59
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July 06, 2018, 06:06:43 AM
 #1246

I highly recommend; a team have a working product before anything; cause it a show of trust and the teams know what there doing, cause there are many shit show ico  nowadays; therefore a project that wants to show it self, needs a working product 
nightfury
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July 06, 2018, 06:08:34 AM
 #1247

Product is the gasoline that a machine needs in order for it to work. Imagine investing an ICO that has no product at all. It may reach in cryptoexchange but i don't really think it will survive in the very harsh competition in the cryptoworld. A good ICO is in fact a very good and sound investment if it already had an available product.

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Nebula Exchange
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July 06, 2018, 06:11:36 AM
 #1248

Market is fueled by hype so a working product isn't really necessary to make profits, the roadmap however is important information to a day trader.

tuikindu01
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July 06, 2018, 06:15:25 AM
 #1249

It is important for a project to have a product that can boost investor confidence.

If the company doesn't have a product, it's likely to be a fraud. So we have to be careful when selecting ICO.
zhineng2030
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July 06, 2018, 06:15:33 AM
 #1250

Products are the core of a project. All their commitments must be carried and embodied by products. There is no certain product development capability. It is very simple to make a demonstration product. It is not always possible to release a complete product.
Soccernet344
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July 06, 2018, 06:36:06 AM
 #1251

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. so, its always a pass mark if an ico has a working product already
Tejas05
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July 06, 2018, 06:42:08 AM
 #1252

Having a working product is certainly and advantage. This way the investors can check out the product before investing. Even if the product is not fully complete it could bring value to the project.

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Fantastickarl
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July 06, 2018, 06:53:36 AM
 #1253

yes of course the product produced by the project is very important and in my opinion very influential for the price movement of coin because if the product is very good then it is definitely coin price becomes very expensive, but if their are no products or if products are not well developed, that could affect the growth of the project
vihang200200
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July 06, 2018, 09:22:31 AM
 #1254

A real product is very important for an ICO because with it an ICO project can maintain its existence because although no sales exchange in can get more profit without waiting for the sale of tokens or coins in the market exchange.
hegewrw
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July 06, 2018, 11:02:08 AM
 #1255

A real product is very important for an ICO because with it an ICO project can maintain its existence because although no sales exchange in can get more profit without waiting for the sale of tokens or coins in the market exchange.
You're right.  If the company does not have a product, then there is a very big chance that this is a scam project.  Therefore, I advise you to be careful.
hoangenc9z99
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July 06, 2018, 03:02:15 PM
 #1256

Certainly the product is very important to a project because it is the factor that determines whether the project is sustainable or not. I often invest heavily in projects with tangible practical applications and long-term development paths. Be sure to analyze the project carefully before investing to reduce your risk exposure.
swiftbits
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July 06, 2018, 04:09:39 PM
 #1257

Is there a project without a product? I think product is build through a project and without a product a project can't get the resorces for the project plan.
And I think a project would be more reliable if they have products because it only shows that the project have something to give.

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deepakg2m
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July 06, 2018, 04:14:49 PM
 #1258

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.

Right. Any investor will first take all the information about the product of the project before investing in it so as to estimate the profit he can earn by investing in that particular project.

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July 06, 2018, 04:21:02 PM
 #1259

This is as important as anything else... To invest in ICOs, it has to be from a registered company with a ready made product as this would facilitate prompt and smooth running of the company because it is already into trading before diversifying into crypto. It is a must you take note of this otherwise you might fall into a scam
l27ification
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July 06, 2018, 04:28:23 PM
 #1260

Of course it is really important. You will define a good project if it has a working mvp. Nowadays, its really important when you invest on crypto startups company.
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