How important is a community behind a crypto project?

[jimsteel]

It is vital, it is the only stable thing in this market. It allows the token to float as everything around burns. Just look at Steem, was one of the only tokens that was in the green recently, and its no coincidence that they just hit over 1 million users.

[racham02]

the community is very important behind the crypto project, because without a community the project does not succeed, no investors, you do not have any promotion or advertising on the project. so the community has a lot of help to grow and to be successful crypto project.

[tommydavis45]

It's not that important, as the token increases in value and popularity the community joins as well. It's only vital for small projects.

[Swenna]

It's not that important, as the token increases in value and popularity the community joins as well. It's only vital for small projects.

As much as I respect your opinion, I also disgree with your claim that community is not that important in terms of a crypto project. The community, which is most likely the consumer/holder/user/supporter of the project greatly affects the price of a coin especially during a hype or during FUD's situation. Without them and if they are not interested with a project, the project will lose future investors since it doesn't have any supporters to back it uo. And without investors, projects will stop and ceased to exist. That is also the main reason why projects puts a lot of effort in marketing and promoting their projects during ICO's, to build good and strong community since everyone knows how crucial they are.

[beetlejam]

It is vital and the only thing that is constant in a very shaky market.

[commanderbitcoin]

Hello all,

I came across this article that talks about the importance of a community backing a project, how important do you think it is? Do you think they can get by through large marketing budgets instead? and do you agree with the article?

https://medium.com/crowdholding-innovation-platform/why-do-you-need-to-build-a-loyal-community-for-crypto-projects-14b9207608c2

I agree because community is one of the most important key for cryptocurrency to success. The community can raise you or even destroy you if the community feels that you are not sincere with what you say or do.

[wqwbhmjc]

In an encrypted project, the project will be difficult without the support of the community, and a strong community can encourage the team to grow, which can make the project more team effective, and of course it has a key role in the community's propaganda.

[cannycassiopeia]

Community plays a big role in every crypto project. They are the one who take part for the campaign. Campaign will be nothing without this people who keeps on supporting the project. They want others to know about it by promoting the ICO to the highest level that they can gather more supporters.

[Hughes_Ryan]

Hello all,

I came across this article that talks about the importance of a community backing a project, how important do you think it is? Do you think they can get by through large marketing budgets instead? and do you agree with the article?

https://medium.com/crowdholding-innovation-platform/why-do-you-need-to-build-a-loyal-community-for-crypto-projects-14b9207608c2

you want to create a company but have no capital and no one will lend you money, then you will forever be unable to build your company. So the community is very important

[ven7net]

Very interesting article. I completely agree with the information in it. Yes, the community is a very important detail of the success and development of the project. It is necessary to understand that only people create information, spread it and, of course, invest money in the project. Remove the community from any project and no one will remember about this project. Another thing is how the administration of the project relates to its community. As for me, this is another important point. As for me, only together can you create something big and successful, and for this you need a large community.

[cryptomite]

The active participation of the community is extremely important for an ICO project because nobody will take part in those projects that they find pointless which why I always pay attention to this apect when it comes to decision making.

[ice098]

It's important and needed for a project to be successful, I don't think in the long term any project can be successful if it doesn't have a strong community.

Community is very important and really needed in a crypto project because it is the reason why project is might going to be successful, because once the community is in the project it means they believe to it and they trust to it because they know it is not scam, also once the project have a lot participants it means that project possible to become successful and surely not a scam project. That's why community is important without them crypto project is worthless.

[24Kilo]

i think its very important because the community of the project will serve as a medium to spread the project to the other and public,and will have a strong community day by day.

[$$$sparkles$$$]

A community is extremely important for a crypto project. Without a community, no project will progress. No project will ever be successful without the support of a community. The community is the heart of any project because the community dictates its growth. If a project could not build a community to support it, then there is no sense for it to continue.

[blazsqd]

It is very important, with any startup you need people who believe in your idea for it to come to life.community is very important. for example, if all member cohesive to hold coin i'm pretty sure the price will and increase.

[candysfunctional]

IMO, community trumps everything. A community can make/break a project, crypto-related or not.

[deredevil]

For me, the community has an important role in the project, a project with a large community has the value that the project has a great opportunity to run smoothly and successfully. The size of the community will affect the attractiveness of investors and other participants to be interested in following the project. In addition, the community also plays a role in the development of coin prices to increase, and increase the popularity of coins in the eyes of the world.

[mir4a]

The community is very important. Perhaps the most important thing is that there is a project.
It is the community that provides information support for the project, its support. I think the community is transformed into demand.

[AlexAce420]

In my opinion, the community behind a crypto project is the most important thing among others because it's like a foundation of the building. There is no success without a supportive community! I also think if a project is solid and has a great team, then the community will be integral to its success but a shit coin will never go anywhere no matter how large is the community.

[zero4five]

There are many reasons why a crypto company might need its own community.
Good communities create a sense of ownership among the audience. With their help, you can build relationships that in the future can lead to sales.
In addition, it is good for informing current and potential customers about various news of the company and ongoing promotions, as well as strengthening the brand's expert image.