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Author Topic: Is product important for a project?  (Read 224849 times)
YuriiD
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October 22, 2018, 01:41:40 PM
 #2501

The product of the IcO project is also important when choosing a place to invest. I look at how the product will be in demand for the future 2-5 years. If the demand is seen good, then the coin will also have demand and grow in value.

Are there projects you think they have potential? What they should be about for you to support?
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Patrix_1
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October 22, 2018, 01:51:32 PM
 #2502

That is the most important thing in the whole ICO. How should we move crypto currencies forward and to the mass adoption, when no project have a working product that is usable at the moment and could be a competitor to the centralised services? We need more products.
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October 22, 2018, 02:02:39 PM
 #2503

What else besides product is really important? i don't know, only product is a value for each projects and that's why it is important.
I don't invest in ICO and altcoins without product on demand
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October 22, 2018, 02:04:23 PM
 #2504

I think it's important, and as long as they have a product it becomes a selling point and ensures that their project is real and not a scam.
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October 22, 2018, 02:06:02 PM
 #2505

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 would prefer investing in crypto which has its own product. A product would provide assurance for investors that there would be usage for the coin that will be in circulation. Most of the ICO I invested that proved successful so far has its own product that allows payment for the released crypto.
MOProgress
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October 22, 2018, 02:08:11 PM
 #2506

I will answer this straight away, YES! any project without a product, such project cannot excel, as a matter of fact, what every investor looked at before investing on any project is the product.

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October 22, 2018, 02:16:27 PM
 #2507

Of course the product is very important for the project. I'm primarily looking at the idea that the developers want to implement. But besides the product it is necessary to look at other components such as marketing, team and roadmap. Probably these are the main data that I examine when choosing a project for investment.
DeKingCrypto
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October 22, 2018, 02:21:51 PM
 #2508

I want to say that product is one of the most important thing any investor should look out for in any project before investing your money. never you think of investing with product because such project will not be successful.
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October 22, 2018, 02:22:34 PM
 #2509

I will answer this straight away, YES! any project without a product, such project cannot excel, as a matter of fact, what every investor looked at before investing on any project is the product.
- I do not think so, it's a false thought, so many projects have products but you can see, number of projects and teams can work with their products until now, numbers are still very low, even the value of the project decreased after the product appeared. You should look and search in reality, all investors always just love the idea and roadmap to develop the project, then invest to help the project complete the first stages and when they are profitable, they will abandon the project and seek new ideas, this is the crypto world, not the real world, the product is not much value here


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Volk-05
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October 22, 2018, 02:24:22 PM
 #2510

Of course.  After all, it will be much easier to attract investors if you have a finished product that you can show them!
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October 22, 2018, 02:46:41 PM
 #2511

For most people, the product is an important criterion for evaluating a project. It allows people to evaluate the model, the idea that the project is moving forward.

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Cianix
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October 22, 2018, 02:48:31 PM
 #2512

I think that product now not strongly is a key factor , on me more harvest funds projects which have very recognizable team

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October 22, 2018, 04:26:24 PM
 #2513

Of course, the product of the project is an integral part of each project as it is the person and the main criterion for evaluating the project, and if the project has no product or is not fully developed, then such a project does not shine on the cryptocurrency market
Evushko
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October 22, 2018, 04:32:42 PM
 #2514

Definitely having a good product is important for a project. This is one of the most serious criteria when choosing an ICO for investment.

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October 23, 2018, 05:20:37 AM
 #2515

Sure it does!! The finished product is a guarantee of the success of the ico project. And on the part of investors, to such a project, more attention.
Dorvei
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October 24, 2018, 06:32:31 PM
 #2516

It is very difficult to answer this question, because sometimes ICO is conducted precisely in order to raise funds for this very product. The team at the first stage has no opportunity to put the conceived idea into reality, without the collected funds..

It is necessary to pay attention to how real this project is, and whether it can exist and be used in real life.
Mavis
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October 24, 2018, 08:48:35 PM
 #2517

The initial step for a project is the product. If ICO projects that want to collect funds have real products, investors are interested and invests in risk taking investors. ICO is basically a sector seeking money without offering products. The team that is serious about the product should convince people.
dataispower
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October 24, 2018, 09:01:47 PM
 #2518

ICO success or failure depends on the product. Of course, if the ICO launches with a good product, the chances of success are high. But as far as I can see there are very few altcoin and ICO's that have products. The rest are altcoin activities that have never had a minimum product
Ravenangel
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October 24, 2018, 09:03:10 PM
 #2519

It may not be something extremely necessary, but I do think it is very important, especially in new projects that need the approval of different investors so that people begin to enter into confidence and want to support them.

Bitcoin to the moon
yingfeng
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October 24, 2018, 09:07:00 PM
 #2520

Of course. The team should have something else besides white paper. If you look at good projects, they all had work products when they went to ICO. After ICO, the teams hire new employees, improve and launch their product.

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