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Author Topic: Is product important for a project?  (Read 224950 times)
pelumi20
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March 09, 2019, 10:20:19 PM
 #2681

I think a good product is a very important thing for a good project because after the ICO is ended and the coins start trading on the exchange, it is the product that will dictate demand for the coins. Product is also important for a good project to last long and survive.

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March 09, 2019, 10:24:49 PM
 #2682

Of course product is important because it will pull the real use-case of their coin/token to increase the demand and gain its true value. This is one of the reason why many projects failed because they can't deliver the product.

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March 09, 2019, 10:29:31 PM
 #2683

Of course product is important because it will pull the real use-case of their coin/token to increase the demand and gain its true value. This is one of the reason why many projects failed because they can't deliver the product.
Today, most of the currencies in the market still do not ''deliver'' the product, but can survive. 
The product is definitely an important factor. The first thing that attracts attention in the project is the product and then whether there is a team that can fulfill it.
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March 09, 2019, 11:22:31 PM
 #2684

I think a good product is a very important thing for a good project because after the ICO is ended and the coins start trading on the exchange, it is the product that will dictate demand for the coins. Product is also important for a good project to last long and survive.

I agree without good product. The project will die or it's supporter won't be please with them. Developing it thru months and years is very important. They won't survive the crypto without it .

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March 10, 2019, 11:42:54 AM
 #2685

Naturally important, it is better to invest in a finished product that people know and use. and not in a project that has only plans to do something, but after collecting money, they will not do anything.
cryptoblue77
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March 10, 2019, 11:55:35 AM
 #2686

Product is very important for any ICO projects to survive and thrive in future. If the product is not good then the project have got more chance to fail sooner or later.

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March 10, 2019, 12:14:00 PM
 #2687

For investors and for bounty promoters yes its important because it is one of the best way to attract investors to invest on the ico projects. if the ico has no product then it maybe a scam, so one of the important thing in ico is the product.
dipeco
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March 10, 2019, 12:35:56 PM
 #2688

I cannot imagine something that can be more important for a project than a working product. A lot of ICOs are starting their token sales even without MVP and they are most likely to fail or even to end as a scam.
ajdar.muxin.79
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March 10, 2019, 12:38:32 PM
 #2689

I believe that marketing is much more important for every project rather than a product. You can have several products that are really great, but if you would not invest enough money into marketing, you do not collect enough funds.
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March 10, 2019, 12:53:41 PM
 #2690

The product is one of the things that defines a project especially in the cryptocurrency, you have something to offer to the community, but the product will not reach a wide audience if they do not have a good marketing strategy, that is why the project needs bounty hunters or affiliate marketing, these two things are very important.
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March 10, 2019, 01:15:45 PM
 #2691

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 think that if ICO conducts a project that already has a finished product or sample, then this project has a chance to collect the required amount of investment ten times higher than other projects.

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March 10, 2019, 06:23:45 PM
 #2692

This clearly shows the success of the project. Now for investors it is very important that the project really has a product. I think that now it will definitely attract more investments. Now many projects really have the possibility of products.
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March 10, 2019, 06:58:55 PM
 #2693

This clearly shows the success of the project. Now for investors it is very important that the project really has a product. I think that now it will definitely attract more investments. Now many projects really have the possibility of products.
If we consider 2016 and 2017, many investors did not pay attention to the availability of the finished product in certain projects and therefore the cryptocurrency market increased its capitalization without any problems. But today the situation has changed and investors are becoming much more selective in their priorities and choices.
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March 10, 2019, 07:07:05 PM
 #2694

Product should not matter too much. What is important in my opinion is the idea and well laid out plan. A Project has to be viable whether it has a product or not.  I have seen lots of projects with products that turn out useless or dead .
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March 10, 2019, 07:15:04 PM
 #2695

The product is considered as one of the most important things in any ICO project. A project without a real product can't succeed in my opinion, and it hasn't any potential. Also, the product will motivate the investors, because they will become more confidents about the future of the project and its development.
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March 10, 2019, 07:37:39 PM
 #2696

Of course it's very important for an ICO. For me I always looking for an ICO which contains some specific requirements, one of them is ICO should have at least Alpha or Demo version of product before ICO starting.
Actually, I think most of ICOs out there just talk about their concepts without any product developments, if they really want to make their ICO seriously, they will not be that hurry, they should work on product first.
I think your point is clear. To add my view on what you have said, that is, because the project do not have product many investors are not convinced to invest in the project because they do not see the future it the project and the Ico will find it very difficult to achieve hardcap. In this case the project become shit or dead

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March 10, 2019, 08:17:43 PM
 #2697

Of course, it is important because a project that does not have a product and pours water into the ears of investors. Such a project will not bring anything good think for yourself there have already been a lot of them and where are they? They are no more!

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bitcoin-shark
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March 10, 2019, 09:50:31 PM
 #2698


i think having a finished product that can be shown helps a project a lot and increases the interest of potential investors and the funds that can be raised, having a product can make the difference between the success and failure of a ico/sto...
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March 10, 2019, 10:35:24 PM
 #2699

The finished product shows investors that the project is not a fake and investors can also see what they give money for. I think the finished product is very important for the ICO.
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March 10, 2019, 10:40:44 PM
 #2700

Yes I think so. In fact I think that is the most important part of the project and take note that its not just a product, it should be a working product, functional and useful. Its one way of ensuring the trust of investors and attracting more supporters.

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