Is product important for a project?

[catterpillar07]

People like to see where they invest their money so of course product important for a project. Investors don't believe in empty promisses anymore

[powerman24]

The product is very important but we cannot expect to have a ready product in ICO phase. If we would have aready product already, there would be no need for ICO. But it is good to have some development already done before ICO start, that investors can see that is not something imaginary thing. The ICO should aim to have a working product which brings value.

[Evich1966]

at this point I feel you are investing in the team and the theme that altcoins are going to pop more in the next big bull run. I'm going for a project with big support from the chinese like BAE or a traditional VC like softbank

[EmmanCryp]

A ready made or working or minimum viable product is important for an ICO that is serious about raising funds for further development as it improves investors confidence.

[retnoanjani]

Guys, how do you think, is a ready-made product important for ICO project?

snip--

Of course. That shows the seriousness of the project development carried out by the development team. This can increase investor confidence, if the product is good, it will have a positive impact on the project.

[xbossJ]

A project product is very important, this is what sells the project and guarantees its success! You can't just go dumping money in anything without value, the product is what tells you the direction of the project, its what gives you an idea whether the idea is feasible or not, before you invest, lookout for the product and its roadmap/execution timetable, look out also for the team, see if they can be trusted and if the people have the technical abilities to execute the plan!

[dcomomal]

Nothing is more important for an ICO than a working product. This is the main aspect of any project and I strongly believe that you should not invest in any ICO if they cannot provide at least an MVP or something else.

[joybella]

It's important as it is already, many scam projects keep springing up everyday. For a project to have ab already working product, it gives them an extra layer of being legit to prospective investors.

[lapyshka]

There are a lot of projects on the market. Therefore, a good working product is important. Especially in a falling market. It will allow the project to overtake competitors. Will cause interest among investors.

[ronnis.gomes]

Having a Minimum Viable Product is a differential that I always look for when analyzing an ICO. The existence of something concrete and not just a set of ideas behind a whitepaper is an added security for the investor.

[Crypto24hrs]

If their is a visible, viable and already existing product better.
If their is a product prototype with  a nice business idea good.
But if it is abstract and imaginary i doubt if anything good will come out of the biblical "nazareth"

[Handalger]

Of course now is especially important due to the fact that without the product is unlikely to collect even the project software cap in this market for this product is the key point

[verita1]

I think that the ICO projects of today would have to come with MVP ready to try.
I was disappointed to have supported an ICO that today the CEO of the project says that they have had problems to develop the website.
We must demand that these projects do not continue to scam us (All the crypto community).

[kamilah147]

It's important as it is already, many scam projects keep springing up everyday. For a project to have ab already working product, it gives them an extra layer of being legit to prospective investors.

a product is indeed very important for the project. because everyone sees the project from the product side first. because the product has an effect on the development of the project, projects that have only products are sometimes a scam especially those who do not have a product.

[plr]

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

The platform is very important in my opinion because without it the project will just become a pump and dump coins, investors will likely invest in a coin that has usage in the community this is one of the main issue in any ICO they cannot provide a good platform that is why prices is going down.

[BTCmasterVM]

It should be of high quality and unique, then it is likely that it will interest investors and there will be some kind of development and successful ICO with further product promotion.

[hellyeahent]

Well, there is no certain answer for your questions. Most of BTC investors does not understand its main purpose, but still keep investing it, strange things happen.

[Ociwiw]

For any project, the product is very important, because investors are primarily looking at what to invest!

[Vanderbleek]

What can be more important than a product for an ICO? If there is no product, an ICO does not worth investing in it, because in such a market conditions, it does not matter how good the promotion will be. The essential part in the product.

[Khiceog]

When there is no project, team is not able to affect the rate growth, so investors may drop the rate every time they want it. It should be changed.