Is product important for a project?

[deda123]

yeah  i  believe  that  the  product  is  very  important  for a  project i  think  if  you  will  not  have  the  product  then  what will be left.

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[kalashnikovski]

Depending on what type of project, and what class, and what kind of investment it requests. You see, there are many points that affect this indicator.

[biznes35]

I think that the presence of the product will prove to investors the seriousness of this project, and therefore increase the overall level of confidence.

[chikading2016]

I think that the presence of the product will prove to investors the seriousness of this project, and therefore increase the overall level of confidence.

Yes I agree on that, product is really the most important thing on the project. Project without product is dead. No one will maybe invest on ICO if there are no product, because investors really find a working product to  avoid being victimized by a scan ICO on the crypto feild.

[HEvangelista]

In my opinion the product really matters for a company to thrive and develop, simply because it is absurd to think that there are companies out there that might exist but only has ideas and no product. There should be something tangible, even for ideas to become true the company needs assets like land and equipment.

[yslyv]

i can not say it is the most important thing. but ofcourse it is still important. as an investor, i care about the team, advisors and partnerships mostly. and i care about popularity of it as well. popularity affects on demand.

[erox]

In fact, most ICOS collect millions of dollars without even having a finished project, so I think that the finished product is not so important.

[sinkfish]

Yes, it is, with products, at least investor can see what projects can offer. that is much more convincing compare selling empty idea.

[RedzoneASE]

Ofcourse it is. Product is the essence which give investors confident on trusting the project in a long run. Since project having a good product will surely have a good demand in the future.

[faceoff97]

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

Product or service is what being paid for. You will gain bigger community if you'll be offering useful and attractive product or service. If a project doesn't offer anything, that would a big scam. Project is all dependent on the interest of people to the product. No one will invest if nothing is to be offered back. A product might be something useful like wallet, a wallet having a uniqur feature might  bring success for an ICO. You may check out this promising project newly introduced in the cryptoworld. It is HODLER wallet, it is a fully open source multiwallet that offers great security and simplicity a wallet can ever have. It has multiple kind of coin that meets the need of every user. A project like Hodker wallet is something a development should be having alike. It has a good future and beneficial for every one who need it .

[engesi]

I think that ready-made products are very important to the ICO project, because ready-made products can give investment customers more trust and attract more investors!

[fvb]

When choosing ICO, I first look at whether there is a finished product or not. Of course it is very important. The finished product inspires more confidence than the one that needs to be improved.

[ROB18]

Offcourse it is much advisable that existing product in the project should be existing rather than it is still subject for creation. If existing company with existing product pursue into crytocurrency, especially if the company is already trusted then it is a huge benefit or advantage. But offcourse, a great idea is also a great place to start.

[RuJuliette]

Products with real use cases are very important if this project is going to stay longer than some months in the crypto market. But unfortunately many projects promise interesting products but never complete them, that's why many people who invested in ICOs are so disappointed now and afraid to invest into the new projects.

[paul15]

yes, the product (MVP) of project ICO is important.
It can be proof of their devlopment of project, so it will gain a lot of investor without scammed them.

[thinkright]

having a product in the course of your ICO is a positive sign in the sense that it serves as a proof of concept and how competent the technical team is. it shows seriousness and credibility on the side of the entire team and attracts major investors.

[macit800]

yes, the product (MVP) of project ICO is important.
It can be proof of their devlopment of project, so it will gain a lot of investor without scammed them.

There are some projects who have an existing product, instead of a MVP. That is also interesting to see a project to evolve with the blockchain technology.

[L0G1C]

Would you pay me if I tell you about my dreams?

[adekogbe]

Yes, definitely
The product is the most important aspect of any project, especially on the blockchain. If the project is not adding value and doesn't deliver the product, then eventually the project will die out.

Funding new ICOs without a product is a very big risk

[Leard]

if earlier they could still invest in a project where the product is only on paper, now nobody will invest without a finished product or almost ready one. given the difficult situation on the market, even projects with a finished product are hard to collect money. The product must be very innovative to be successful in the market.