How important is a community behind a crypto project?

[sunX3]

It's a good way to gauge what the people backing the coin are like. Also how the staff engages the community, how friendly they are, etc.

[veraoktav127]

a project will work if it is followed by many people and it is necessary for the community to introduce the project so the community in my opinion is important

[virtualkeybuyer]

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 read the article and it is much beneficial. I was already in the opinion that a community is important for starting any project and any business but there are many things which I learned from that article.
A type of community which is created keeping the guidelines provided by that article will really boost up the project and within that community the team will not face any failure or hardship.

[Superzpay]

There are many projects which pay some bounty for making their community and some project do not pay for making or increasing the community but they only pay for promoting their project. The second one will get a pure community because they do not impose anyone to join their chat channel or any group etc but they only spread their project and those who visit their project and find it beneficial for them join the community.

While the first one collect only those people who will come there to join the community only for the bounty.

[david0ikari]

I will say how much in bounty or airdrop......You will see a big community

[strawberrypills]

It reinforces credibility and validates the product. Regular updates keep investors interested and validates the legitimacy of the project. It also quickly and easily generates feedback from your participants.

[EL-NIDO]

A solid and active community is a must and is very important for any cryptocurrency project.

A strong community behind the project keep a good support network and help to spread the words about it.

[wizzydizzycrypto]

It's not that important, the most important thing is the actual token, the people behind the project and the actual MVP. If the price grows rapidly because of it being a great token, the community will grow organically.

[roganite]

It's the only stable thing in this crypto world! Look at Steemit, they are doing great because they are building a great community. Safety in numbers!

[BlakeMye]

community is the major factor behind a crypto project.

[yadwoa69]

For investors to be reliable informed about the project and make purchase, they react to the community view of the project. An ICO without a community based will likely not he successful.

[nxivrxgs]

If a coin has a lot of community support, the coin will develop rapidly. We can take a look at DASH, BTS and XVG. A new project, if the community develops well, the distribution of tokens is not easy to be sold, and the price will be higher and higher.

[bramborakymilenec]

It is not vital, but is a massive positive that can propel the token.

[Mhd-Bobbi]

Community backing or support is very important because it keeps the people connected to the crypto. If many people are helping out promoting the project, it will give a positive note to investors. The word of mouth now is stronger than any news. The more people will talk positive about a project through blogs or any social media will best promote a project.

I think your opinion is correct
because the community also as a means to exchange ideas in solving a problem. and could be an introduction to the community. I am very happy with the community. my friend became many who can give me hints and information about the development of crypto

[cryptoadmire]

Its needed and the only one thing that stays the same when the market is moving so quickly!

[truongquanninh01]

Of Course Community it's very important especially to share more knowledge about it. Without that, no one will have trust about crypto project and nothing reference on the internet. It's that why community has big role.

[bamita126]

When the bounty hunters want an update about the running of the project, they are usually consult the administrators in the telegram community.

[profit-shooter]

The community is very important for the crypto project because the cooperative work of community is aimed to make a project popular thus increasing its popularity in the internet space. Popularity will lead to high demand thus huge profits for investors and members of the community.

[fcf1081]

A community serve an important factor for crypto because it help promote positive feedback on crypto for its success and it also support the community whenever there is something to clear about and encourage  one another to continue in their crypto project

[Iyanu14]

The group of people or the commuting behind a project will go long way how successful project will be, this will also make the investors believe in the project the antecedent of them is very important if the project will be a success.