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Author Topic: Is product important for a project?  (Read 224958 times)
BurstBurst
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April 24, 2019, 10:35:46 AM
 #3061

What I can say is that it can also be a proof for customers or investors, especially for ics that they have products for sale that are effective and help day-to-day activities for people who sell their products is not it just a matter of knowing that I have the same benefits for participating or selling the products I know because they have to sell them not only the income they get but also the discount that the sellers are already registering on their company so I can say they like double their income because they also get commission and token members who have joined or registered with companies or ico so they can tell if good products have ico.
Sang Prabu
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April 24, 2019, 10:42:27 AM
 #3062

Yes of cause ICO projects with a working products always do well in the market because there is already an existing ecosystem for the coin to thrive on. What make a coin ever relevant in the market is it working product and adoption buy it users.

The presence of the product is like a guarantee that the project will continue to survive despite the market red conditions, besides the presence of the product is also an indication that the project is not a scam.

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pungopete468
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April 24, 2019, 12:04:17 PM
 #3063

What is clear is that the product of a project must be able to be accepted by the community and for that, every project in development must be easier for the community to accept because it will determine the future whether the project will run on schedule or not. because that will be the determinant

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April 24, 2019, 03:22:41 PM
 #3064

Its good to the project to have an product it helps a lot specially on attracting investors to buy tokens from ICO of the project,This is also a assurance for investors to have the product so what ever happened on the tokens after listing they can use it on other way on the product so it will help a bounty projects to succeed.

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raetoken
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April 24, 2019, 03:41:20 PM
 #3065

An idea isn't worth a lot. Showing that you have a functioning product demonstrates commitment.
GREENch
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April 24, 2019, 05:20:14 PM
 #3066

For me, the presence of MVP (minimum viable product) is an occasion to carefully study the project (even if at first it seemed so attractive to me).
Alpinat
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April 24, 2019, 07:35:29 PM
 #3067

Yes of cause ICO projects with a working products always do well in the market because there is already an existing ecosystem for the coin to thrive on. What make a coin ever relevant in the market is it working product and adoption buy it users.
Yes but wait. Some of them are not creating their products they are just creating their crowdsale for the sake of listing it on the market immediately and it will just result of not being a success. So better to choose projects with actual product cause it might save them when the crisis on the market comes.
spydee1522
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April 24, 2019, 10:40:32 PM
 #3068

At first, i considered only research and hard work alone as an investor into ICO's but later found out this great tool called product. Product is core for the success of many projects. Indeed, product is very important for a project.

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minersday
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April 24, 2019, 10:56:03 PM
 #3069

Products of crypto projects define the purpose and mission of the project to the crypto ecosystem and the world in general. Crypto projects with no working products are just in the crypto space either to scam investors off their money or just to introduce shitcoins with no purpose to the crypto ecosystem. Bitcoin introduced blockchain technology and Ethereum also introduced  a smart contract platform that eliminated the third party system used in making transactions.
SlickMoTwoToe
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April 24, 2019, 11:18:17 PM
 #3070

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
It was very important that you already have a product if you are going to run an ICO it was the number one that the investor would take a look before they invest their money, they will see if this are needed on our society and what would be the outcome after it was implemented so better choose a good platform before you invest.
rarkenin
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April 24, 2019, 11:22:18 PM
 #3071

Yes of cause ICO projects with a working products always do well in the market because there is already an existing ecosystem for the coin to thrive on. What make a coin ever relevant in the market is it working product and adoption buy it users.
ICOs made huge amounts of cash on the HYPE driven markets. Projects that have working products deserve this but the useless projects don't agree with this opinion.
adekogbe
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April 24, 2019, 11:26:00 PM
 #3072

Products is in fact the most important part of any cryptocurrency project. this is because without the product everything about the project is just virtual and virtual projects have it definitely expiring time but you projects that provide real-life value to real life activities of people will always be evergreen and can always evolve into something bigger.

So I think the product is the most important part the cryptocurrency and ICO project should focus on and also as an investors, you should look for product before making decision to invest your money.

andika2018
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April 25, 2019, 01:04:07 AM
 #3073

Products is in fact the most important part of any cryptocurrency project. this is because without the product everything about the project is just virtual and virtual projects have it definitely expiring time but you projects that provide real-life value to real life activities of people will always be evergreen and can always evolve into something bigger.

So I think the product is the most important part the cryptocurrency and ICO project should focus on and also as an investors, you should look for product before making decision to invest your money.
Most developers team when doing ICOs promising the product on their whitepaper and usability. With product, company earn profits and i think most investment need profits. Most token in market are utility token and it should use in product application
renault18turbo
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April 25, 2019, 08:01:53 PM
 #3074

I have never made a decision searching just for the product before. But in recent months I noticed that this is one of the main factors of investment
monalia
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April 25, 2019, 08:05:07 PM
 #3075

Products is in fact the most important part of any cryptocurrency project. this is because without the product everything about the project is just virtual and virtual projects have it definitely expiring time but you projects that provide real-life value to real life activities of people will always be evergreen and can always evolve into something bigger.

So I think the product is the most important part the cryptocurrency and ICO project should focus on and also as an investors, you should look for product before making decision to invest your money.
Most developers team when doing ICOs promising the product on their whitepaper and usability. With product, company earn profits and i think most investment need profits. Most token in market are utility token and it should use in product application

They promising for the product with the great features but fact are they coming with the product after the token sale done? No right then why should we need to go with the ICO without product.
At least initially they need to show what they can do in the beta mode and testnet itself.
You said marketplace utility right! that should be clearly explained and need to show in real world.

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April 26, 2019, 06:38:43 AM
 #3076

Lots of CEOs of different projects during their token sales are promising to release a great widely-demanded project ,unfortunately some of them just want your money, and they don't care much about product.That's why I am investing not in just promises and prototypes but in projects with working product.
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April 26, 2019, 08:20:38 AM
 #3077

It is absolutely important, because tokens people bought are usually designed to be used in product, so how you invest without seeing any product.

That is correct, product is more important than the token hypes, because this is the basis where the investors decide on, this is the basis where the community will decide if its a good project or not, usable or not and all the others.

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April 26, 2019, 09:08:07 AM
 #3078

An idea isn't worth a lot. Showing that you have a functioning product demonstrates commitment.
Everything is quite simple: when a team follows a roadmap, the project has the opportunity to survive. No product = a dead project.
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April 26, 2019, 10:14:23 AM
 #3079

A project has his white paper, and I think when he finishes his white paper, there will definitely be products coming out, such as mobile wallets, wallet optimization, and so on. We can see the team's ability to do things from his products. The value is not worth keeping up with.

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April 26, 2019, 10:56:50 AM
Last edit: April 26, 2019, 12:26:27 PM by Firunner
 #3080

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