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Author Topic: Is product important for a project?  (Read 224950 times)
pokerjet
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July 31, 2018, 07:24:33 PM
 #1561

The product is the most important criterion for the Altcoin project. It must also be a working product. so investors invest with confidence. Do not deposit money for a product that does not work. Many ICO scams and an imaginary product promise not to work.
Futbulistis
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July 31, 2018, 07:26:09 PM
 #1562

This is absolutely important because merchants bought by people are usually meant to be used in the product, so how do you invest without seeing any product.
Dannev
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July 31, 2018, 07:55:15 PM
 #1563

If there's no product or services visible for the investors to see in a project, what's the point investing? It's just like going to an empty store with to purchase a product. Projects should have good products to show investors and give good reason to invest.
shollyen
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July 31, 2018, 08:01:39 PM
 #1564

Yess it is very important, we cannot overemphasize the product aspect.... I have come to realise  that most people are interested in the value of the coin far more than the product...... The concern is majorly on the value of the coin, nothing more.... People are here mostly to hit their own fortune, it's all about money.... Dats the sincere truth
Ricowavy
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July 31, 2018, 08:18:46 PM
 #1565

It is good for a project to atleast have a minimum viable product before trying to source for funds in my opinon. It only shows seriousness to investors and just fancy whitepapers ain't enough nowadays in the blockchain industry.
Sergey698698
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July 31, 2018, 08:23:43 PM
 #1566

of course it is important, the product is the main factor why a certain project gets the interest of the investors. without it, how would the investors know if the project has a plan, or something that they will get after they invest their own money.
JohnYDillinger
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July 31, 2018, 08:28:25 PM
 #1567

It is quite obvious, but there are some scam projects that of course  would not care about products...
BTCballa
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August 01, 2018, 10:36:56 AM
 #1568

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 a good sign for prospective ICO projects. People like some gift for free and they will be able to join the program. But of course, if the ICO program has not developed a product, it is not a good sign to invest in it. They still are looking for your money without offering anything.
darmawan_lasuara
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August 01, 2018, 10:46:05 AM
 #1569

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, I think that's important. Having a demo or even a Product So is one reason why investors want to invest. It can be said that it can also eliminate investor concerns against ICO scam.
NoRiskNoSuccess
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August 01, 2018, 10:48:16 AM
 #1570

I strongly agree product is very important for one project. Because investors knows what they are investing for and what the project is all about that is the easy way to earn investors.Projects can be one of the most efficient ways to learn as they force you to apply the skills while learning them.

On the other side, i feel that the market is more a hype market where product is not really nessessary. U only have to say positive things or make positive marketing to create hype. The price will rise and drop after Cheesy
shtodelat
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August 01, 2018, 02:38:43 PM
 #1571

The product of the project is an integral part of the project.
edwardsolo2021
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August 01, 2018, 02:40:39 PM
 #1572

I surmise that the accessibility of an item or administration is critical. On the off chance that, for instance, there is no item in the undertaking, the inquiry is: what are they going to acquire? Is that exclusive on hypothesis, yet then you have to make either a pyramid and draw a bundle of individuals or put resources into PR a great deal of cash, yet the result is unambiguous - a trick. However, the accessibility of an item or administration, gives more possibilities for long haul work, yet then this choice can set aside a long opportunity to execute the conveyed plans and item discharge.
lKSLMNSLKnkndlksnkJ
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August 01, 2018, 02:59:23 PM
 #1573

WIthout a product to cause the movement of the currency, inflation usually rears it's ugly head and you get a glut of coins over time.

Coin developers are still trying to figure out the perfect distributtion formula to give them time to develope product before supply gets out of hand.

It's one of the reasons a lot of coins and tokens have failed in the past, due to not having put enough thought into the block rewards and time and being able to coordinate it all with a product going to market.  It's not an easy thing and explains why so many well-intentioned coins go by the wayside.

Your gut will guide you a lot in this new crypto field.


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arditiyan
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August 01, 2018, 03:00:36 PM
 #1574

with the product being released, of course investors will be more confident with the project and it can attract interest of potential new investors to invest

Marcel555
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August 01, 2018, 03:03:08 PM
 #1575

It is a basic requirement to run a project. No investor would invest in mere ideas. A working product, a qualified team and a seamless process are all needed for the proper running of any project.
telexnetwork
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August 01, 2018, 03:06:37 PM
 #1576

yes, very very important, if you don't have produced what are you marketing, a project without product or service is more or less scam, therefore it's very necessary you know what any project you want to support have for its members.
a project without product is still doing good in right now will surely crash soon or later be careful.
erichall
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August 01, 2018, 03:06:53 PM
 #1577

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

I think the time is over for "hey here is something we will do in the future, give us money."

People investing in alts and icos want real products and no more empty promises.
Veles shalet
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August 01, 2018, 04:27:02 PM
 #1578

The most important factor for the project is the idea. But do not forget about the project team. A good idea you need to be able to implement and get money for it. Pay attention to these factors.
ACTrend
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August 01, 2018, 05:04:42 PM
 #1579

Hello! In fact, the products are the basis for the ICO. It can be a product in the form of the desired application. Or banking products, trading platforms. It will always be in demand.

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tranquanghuy
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August 01, 2018, 05:12:53 PM
 #1580

I think product is absolutely important for a project. If a project has a working product, this clears a lot of doubting of investors and makes it a lot easier for investors in my opinion .completion of the development of a mature product to a certain extent shows that its creativity has been confirmed.
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