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Author Topic: Is product important for a project?  (Read 225011 times)
veter2601
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September 26, 2018, 09:00:19 PM
 #2321

I believe that the finished product is the main indicator of the success of the ico along with a good team. The main selection criterion for venture capital funds from a large number of projects for investing in them is not the desire of the team to earn money and promote the team idea which is at the base of the project.
fianaindriati
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September 26, 2018, 09:09:00 PM
 #2322

Of course its important. But also community and the advertisments are very important. If you have working product and a good community Its ok 😉

each project must definitely have a product, if the project does not have a product how to be trusted by people, surely people will look for others because the project does not have a product, and the presumption of the brand is certainly not clear.
Teal Deer
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September 26, 2018, 09:19:06 PM
 #2323

Personally, I do not trust projects that do not have a finished product, or at least a prototype. As statistics show, such projects eventually turn out to be a Scam, and in addition to the site to raise funds, they have nothing more. If there is a product, it means that the company needs money for further development and scaling. And such investments may well be successful.
lakzo
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September 26, 2018, 09:21:18 PM
 #2324

I believe product is very important for project. Mostly, investors want to be sure that their investments will yield much profit and so if there is an existing product.
Ionzar
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September 28, 2018, 06:18:23 AM
 #2325

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

Undoubtedly, an important condition for trust in a particular project is the availability of a finished product and useful technologies. I always study the information about the availability of the finished product, its utility for the society and the prospects for further development when choosing a suitable project.
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September 28, 2018, 06:51:27 AM
 #2326

Most people if you want to invest is sure they will look at the product. No doubt a product that has the development or growth they want. So the product is extremely important, and it is the duty of a responsible developer team to be released products.

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iwamoto77
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September 28, 2018, 06:58:45 AM
 #2327

Of course the product is important when the company enters the ICO it expresses confidence in the project,the product must be in demand in the market and that determines the value of investment to participate in the project.
fivejonnyfive
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September 28, 2018, 10:47:22 AM
 #2328

Sure, it is much better, than just a nicely written whitepaper, with the promises. An MVP is a sign, that the team is ready to work, and put effort to the project.
makerst
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September 28, 2018, 10:49:38 AM
 #2329

The product is really very important, you can not even imagine the importance of the project, if you ask such things, so I will answer in a comic way, of course the product is mandatory for the project, what is this project that does not have a product?
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September 28, 2018, 10:58:04 AM
 #2330

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

A product is important for the project. But not always become the main factor. I think the team is also more important than the product itself.
I see a lot of ICO project failed because the member of the project suddenly left the team group.

Jaci
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September 28, 2018, 07:13:28 PM
 #2331

There are lots of project came in this online industry and lots of project going to scam. If you see some project launch but they don't have any product so probably it can be a scam because without product we cannot believe in this project so every project product is very important because without product no one can invest, people know it will be scam. So always product is very important for every project.
Karina 3340
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September 28, 2018, 07:39:56 PM
 #2332

And how else? After all, as I understand the quality of the product, it is the success of the project. Maybe I'm thinking about something else. But if that's what I think then. Any project and company is evaluated by its own product. Is not it?
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September 28, 2018, 07:46:04 PM
 #2333

A working product is very crucial to the success of any project. Many ICOs we have seen in the past years have only shown that they only have a sugarcoated Whitepaper and no knowledge of how to build the real product.

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karambol13
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September 28, 2018, 07:52:42 PM
 #2334

Revenue source is important cause all we are looking for profit.
So product is the most important point for all project and companies. If they have no product so there is nothing to make profit.
bitcoinmar
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September 28, 2018, 07:55:32 PM
 #2335

And how else? After all, as I understand the quality of the product, it is the success of the project. Maybe I'm thinking about something else. But if that's what I think then. Any project and company is evaluated by its own product. Is not it?

It may be an important part of project evaluation. However, if you have good products without good advertising and a regular user. That ICO of the project forever can not be successful
biddicoin
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September 28, 2018, 07:59:01 PM
 #2336

Most people if you want to invest is sure they will look at the product. No doubt a product that has the development or growth they want. So the product is extremely important, and it is the duty of a responsible developer team to be released products.
yes product is important thing, but i dont think that it "extremely" important
others aspect is important tho, not only a product itself

 
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lyfecoin
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September 28, 2018, 08:05:37 PM
 #2337

I think the product is heart and sole of any project.The business viability and business model depends on how good and revolutionary the product is.Any ICO  will get high rating and demand from investors only based on  the product and rest are secondary.If the product is good,there no need to market the product.ICO will be  sold before even pre-sale.Ex:Telegram collected $800 million in pre-sale and $2 billion worth investments were not accepted as they already reached pre-sale target.
Irina_ortman
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September 28, 2018, 08:08:32 PM
 #2338

This is one of the points I pay attention to when investing a project. Also, pay attention to the command and distribution of tokens.
isen
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September 28, 2018, 08:09:20 PM
 #2339

Show me the projects that were successful without a product, most of them no longer exist because they were either fraudsters or failed people who couldn’t know how to properly manage money.
Nibelung
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September 28, 2018, 08:10:23 PM
 #2340

The product is the most important factor that I consider when choosing a project for investment and trade. I think that products should be in demand.
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