Is product important for a project?

[Triss Merigold]

If you issue another coin that is assigned to a certain territory or simply will be located in the POV Mining, for the sake of a waste of electricity - this is a bad commodity. And coins that can be exchanged for education, services, medicine or used to protect copyright - will be very useful for people. Of course the final product matters.

[Mr. Legendaris]

A good product is certainly important for an ico, but not every ico has it. Nevertheless, the ico can be successful, even without a finished product.

A clear and promising ICO certainly has a product, the presence of a product becomes tangible proof that the project is real, for example is Pundi X, because it has a clear product that makes Pundi X tokens more popular.

[Iyanu14]

From research i made, product is irrelevant without good marketing, cryptocurrency care more about news, a project with no product is valued than some project with product with no marketing, that is market sentiment for you.

[iram3130]

Both are important. Taking your own example, where is Kickcity now.? They are in the "developing" phase for nearly 2 years now and still nothing practical has come out from them. Its hard to manage both project and product but to be successful you need both.

[Kurokyy]

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 product is very important more than project because people will only invest or buy your product if it was worthy of their money plus they also need an assurance that they will be getting benefits from your product.

[DyllanGM]

I think it is reslly great for a project if there is already a product especially if the product is promising. Investors can see a solid evidence that the coins can really fetch a good value in the future.

[Twinscoin2017]

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 product is very important more than project because people will only invest or buy your product if it was worthy of their money plus they also need an assurance that they will be getting benefits from your product.

Product is the most important thing in ico or maybe project. Of we don't have product maybe there are no person that become interested in ico and the project may not become successful, product is the basis of the success of the different project on crypto. So then I believe that product is really important.

[erox]

I think that the finished product is very important for any ICO because it shows a serious attitude of developers and is a guarantee that it is not scam.

[Ulya63]

Yes, in general, of course it is very important that the team had a real product or at least a beta version. Here's an example if you want to go into some kind of ico project then in the beginning think for what it is created and for solving what problems. Also a huge advantage in choosing a company's investment solution is their ready-made prototype or at least the experience of the team in this industry.

[InfiniteGrim]

Definitely yes. Those projects that already have a prototype or a running business are more likely to collect the necessary investments than the one that has nothing but an idea. But everywhere there are exceptions, it all depends on the idea)

[aji567]

I think products are very important for the success of the project so that the project works well and reaches its goals. Project success is measured by the product offered and many people use it. The community also affects product sales.

[Rengganis]

I think a product is very important for a project because it is an important point to attract many investors because if there are no products, many investors feel that the project is not serious about developing the project because there is no evidence or something to be achieved or a definite target, so I think It is very important that there are products for the project being developed

[okour999]

I also think that products in the project are too big to make investors or buyers more legit in a company and also add a product to the company to provide additional income for members so it's important to a company with the product they sell.

[sistemerror]

If you are an investor, will you invest in something that is not tested and there are other things that have been tested by many people and you can also try it yourself.

[cris17]

There are 4 main parts of a successful ICO project:
1. Product: What’s the product and why there’s a need for running it on the blockchain?
2. Team: If you see the product as a fast horse, you will always need a good jockey to handle it. A lot of famous investors I know invest in people instead of ideas.
3. Metrics: You have a solid product and a solid team. But do you really need to raise 250 Million US-Dollars? And it’s also important to see how the team allocates the money.
4. Marketing: No matter how great your team or product is: nobody will know it until you tell them. Marketing is one of the most important factors among the ones listed, and in my opinion, 70% of all ICO teams are pretty bad at it. In most cases, the CEO can’t even explain the whole vision in one sentence.

And all they are important when it's coming to the analysis of the project.

[ljp7839008]

The product is very important for the project. If the project is in demand, the project will collect quickly Kapu. And on the stock exchange tokens will be valuable. This is the case when the project is supported not by an artificial HYIP but by a working product.

[Pecunia non olet]

Hehe, are you kidding? Will you invest into something which do not offer anything? Like paying for air? I dont think so, so why are you asking?

[Krismanto]

Good product could certainly give the profits to the investors. I am confident that investors will be more interested in the products provided. A good product can provide growth and development that continues to increase as it has a very strong team.

[Vargum]

The finished product has a key role for ICO, investors see that the team is really working, it has prospects, therefore this project has more chances for a successful ICO. The working product is a sign of the quality of the project

[bevthazor]

Yes of course, it is very important to have a good product to have a successful project. It is also very important to have a good team and users. This is the main attraction for the investor.