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Author Topic: How do i Find out the value of a idea  (Read 51 times)
Rekey
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March 07, 2018, 05:36:10 PM
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I think i have a good idea for a ico that could really be useful. i haven't seen it yet but it could already exist.1) My fear is what protects me once i tell someone of them not taking the idea and running with it ? 2)I feel if done right this idea could be very lucrative to whom ever decides to develop it. so how do i decide the worth? if its just a idea. thanks for any feedback given
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Barley Hertog
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March 07, 2018, 06:13:15 PM
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I think i have a good idea for a ico that could really be useful. i haven't seen it yet but it could already exist.1) My fear is what protects me once i tell someone of them not taking the idea and running with it ? 2)I feel if done right this idea could be very lucrative to whom ever decides to develop it. so how do i decide the worth? if its just a idea. thanks for any feedback given

1) Sign a non-disclosure agreement.
2) Make a research, find better proof for your idea. You may find out that your idea is already in use, for example.
Rekey
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March 07, 2018, 06:47:33 PM
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I think i have a good idea for a ico that could really be useful. i haven't seen it yet but it could already exist.1) My fear is what protects me once i tell someone of them not taking the idea and running with it ? 2)I feel if done right this idea could be very lucrative to whom ever decides to develop it. so how do i decide the worth? if its just a idea. thanks for any feedback given

1) Sign a non-disclosure agreement.
2) Make a research, find better proof for your idea. You may find out that your idea is already in use, for example.
thanks for the info do you have and info on calculating the worth of the idea
Barley Hertog
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March 07, 2018, 06:52:18 PM
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Well, you could explore the market you're going to work on and answer some simple questions:
- what people's problems am I going to solve
- how much are they going to pay me for
- how much will it cost to me to solve their problems
- how many people am I going to satisfy
- what are my killing features comparing to the similar companies

So everything is like in a classic business. ICO is just a new way to get investment in a transparent way.
monsterer2
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March 08, 2018, 11:06:14 AM
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Ideas are utterly worthless.

Only the implementation gives them value.

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March 08, 2018, 11:16:26 AM
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I think i have a good idea for a ico that could really be useful. i haven't seen it yet but it could already exist.1) My fear is what protects me once i tell someone of them not taking the idea and running with it ? 2)I feel if done right this idea could be very lucrative to whom ever decides to develop it. so how do i decide the worth? if its just a idea. thanks for any feedback given

You should make a thread here and present the idea to understand is it good or not; but before this try to develop MVP so you will be protected from those who decided to imitate you.

JanEmil
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March 08, 2018, 11:18:12 AM
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Entrepreneurs who prefer to own 100% of one million instead of 10% of 1 billion fail. Let the talents sign up for the project and give them shares. That's how you make sure they not start thier own project with your idea.

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March 08, 2018, 02:01:49 PM
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Honestly, you should analyze this idea  so well and make a good research about it . As well, the idea is not important , when it is not actually implemented in reality. And of course if your project is really big , then you need a team to help you in many things. and believe me, every successful  project in the world started with a small thought  then that idea developed and developed more.
Furthermore,  when you will implement this idea,  do not stop if your first attempt fails, because you should always learn from mistakes , and you should always improve the idea ( project), then you will be  close to success .

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March 08, 2018, 06:21:20 PM
 #9

Thanks everyone for your feedback
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