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Author Topic: Is product important for a project?  (Read 224958 times)
mastersay
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August 03, 2018, 01:51:12 AM
 #1601

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 depends on a circumstances, when the ico has a solid team but has no product yet, due to many reasons that still they can't afford to make it with their own funds, the community will participate gladly to their ico. But still that depends on the team members that has a solid track. But it is way more good if the ico project has already have a working product. It could attract more investors.

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Thekingofgodftu01
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August 03, 2018, 01:58:52 AM
 #1602

The project is as much as important as the community. And the product adds the attraction of the project to convince investors. The more people try the product and see its importance and use, the more they want to invest if they get interested with it. Let's admit, we as customer also gets attracted with products we see in department stores which was tested by promoters and us ourselves.
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August 03, 2018, 02:01:13 AM
 #1603

yes i think it is very important because is the product is ready, investor can more trust and confident to invest in the project, and so with the buyer

linkHA
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August 03, 2018, 02:21:09 AM
 #1604

My answer is also yes. Grin Grin
If the team has a good product before ICO, I think there is a good chance that this project will succeed.

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maflec0713
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August 03, 2018, 02:23:00 AM
 #1605

Hi. Yes, of course..how can a project earn if you are not selling a product even services are also a product. You are selling your expertise in doing something that others can't do. That is why some investors join in a project in replace of selling their product. That is why in choosing a project, determine first their product if it is in line with their project.
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August 03, 2018, 01:02:07 PM
 #1606

I think a product is a main part of ICO because without product it is not ICO. I noticed that the coolest ICO in which the product is associated with a blockchain.

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August 03, 2018, 01:37:58 PM
 #1607

Most investors look for ICOs or projects that already has a good working product before investing and 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.
lutcor
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August 03, 2018, 01:42:20 PM
 #1608

The product is part of the project, in my understanding it is so and if the product does not, then the project seems to me not full, so I think that it's all in the product, as soon as the project has a product, it becomes interesting.
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August 03, 2018, 02:49:57 PM
 #1609

Product availability reflects the fact that we are not investing in a startup, and in a ready-made business that has something behind it and will not exactly be a fraud.
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August 03, 2018, 03:34:09 PM
 #1610

For the long term of course the product is very important, with the presence of the product then as a measure to be able to keep the project running, the best example is PundiX, they market a product that can be accepted by the public so as to make the token value continues to rise.


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Kosmolet
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August 03, 2018, 04:23:11 PM
 #1611

Of course the product is important for the company.  If you invest in a company without a product, then you are very much at risk.
ningrum
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August 03, 2018, 04:29:34 PM
 #1612

Of course the product is important for the company.  If you invest in a company without a product, then you are very much at risk.
yes if I personally directly retreat aja gan, because there is no targeted project, why we should follow the participation in it, because in addition to projects that do not have the product then there are other projects that have the product.

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fairyvibes
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August 03, 2018, 04:31:23 PM
 #1613

I would be very worrisome about investing in a token project that didn't at least have a MVP (minimum viable product). Don't invest in vaporware!
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August 03, 2018, 04:47:52 PM
 #1614

it should be very important in a project, the fundamental factor is the product itself that must be interesting. and also teamwork must be solid to support. thereby making many investors interested. thanks

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celakkenyang
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August 03, 2018, 04:49:30 PM
 #1615

The product will make the project has a value on the exchange. investors will assess how the project works and see what products the project is developing.
sultanGol
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August 03, 2018, 05:28:18 PM
 #1616

I agree, the chance of failure, and ICO running away with the money, looks much smaller, if they have created an MVP at least.

shana95
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August 03, 2018, 05:50:24 PM
 #1617

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 also believe its very important. because many investors are attracting to the ICO projects which have already working product than having planned products. Having already working product able to increase the trust and the value of the project. That kind of ICOs has huge potential than others. But you must consider many other options with the working product. It's only a good point to choose a good project. When someone considering all other important facts with the working product, he will find good ICO.
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August 04, 2018, 07:27:55 AM
 #1618

If the company does not have a product, then there is a very good chance that this will be a fraudulent project, I am sure no investors will come.
ATSgrowth
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August 04, 2018, 07:30:40 AM
 #1619

I think that answer on this is pretty obivous. Yourself would invest in such project without product? Wink I dont think so.
But it is really hard to find some good project, because many projects (ICOs) are just promising ano real progress.


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August 04, 2018, 07:34:13 AM
 #1620

Yeah, for sure the product is important for any project. And even more important than a working product is the purpose behind that product. Any project's fate will be dependent on how much useful it is to people in general. Chances of success of any project will increase if the product solves any existing problems.

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