How important is a community behind a crypto project?

[moliado]

Community is the support group that backs the project up, they're the strong support team that helps. build up, encourage one another to continue on the project and team work, good community makes project do come true.

[chipzeru]

I agree that community plays a big role in the success of a project. I've joined some of crypto and ico telegram groups and getting amazed by how the community actively support the project, tackles all of the fuds by giving valid proof, help promoting the project and many more. Dogecoin is the perfect example of this.

[ugocrypto]

It is important, but I feel put too much behind it. If the project, the teaming the marketing is good a community should form without having to engage them.

[harrycalik]

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.

[adammessi340]

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.

[Afrizky R]

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

the community is very important because it can help develop the project and spread it to the people, it helps as a media campaign that is very easy to do and can create a ter...

[ljubitelmedvedej]

I think it is needed for every great project.

[Dread Pirate Roberts]

If there is no community role from the project. then who will use the project? it is clear the community is helping a project evolve from the programs they offer. as they help market activities. their talk or chat becomes a part of promotion for a project. and also themselves become an important asset that supports a project. that's why many people would want to expand their campaign by paying some money for this.

I truly believe that community is essential for a successful ICO or any project on that part. You need to have a certain amount of people who truly believe in what they are investing their money and time. Not for the profit, but for a better cause.

it's important for all business areas not just crypto. Communities make project bigger and expand their target market.
which is its part promotion of any project it self.

[Etexcel]

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[winter.sad]

The community is very important to consider. After all, without it, ICO will not be able to gain fame and trust on the Internet. It is with the help of the community that the developer attracts investors' attention to their project.

[Mrbee]

I support the idea of community being the main engine of success for any coin out there. The coin doesn`t mean anything if people are not using it. Frankly speaking, if you are investing in altcoin that is not used by many people you are investing in a bubble that will pop.

[adutlf88xn]

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.

[zcashplan]

I once heard a claim that in the past few years, cryptocurrency has been developed by the community, but now that cryptocurrencies have entered the capitalist stage, whales use funds for price manipulation much faster than to create a community, so now the place of the community is getting weakened.

[Rnd2012]

In any investment you have to take 4P (products, price, people and promotion ) with your idea because is very supportive for marketing purposes and continuity of work on a crypto projects

[a31078]

A community is important to a project because they are the ones that will help to promote the project. The project also need the full support of the community for it to be successful.

[verita1]

The ICO projects are created to meet the needs, innovate, solve problems etc of a community and therefore it is very important for a project because that is where the support and pillars of the ICOs derive from.

[honghai0730]

It is vital as the price of the token will move up and down. Speculators will leave the project as soon as they see the price moving around. The community will stick with the project as they believe in the team, project / platform and that is so valuable.

[WhoAmAi]

in my opinion, most successful projects are projects that have community and high solidarity. They support each other. so they have the same vision and mission for project progress

[smutexar]

in my opinion, this is very important, because support is a priori incredibly cool and if it exists in such complex areas of life as cryptocurrency, it is simply incredible

[smithnumberone1]

It is the backbone of the project, it holds it up and protects the project from outside critics, people help you co-create and they spread the word about your idea and give it validation.