How important is a community behind a crypto project?

[viquynhh555]

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.

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[Geoll29]

The success of a crypto project can be measured by the size of the community who supports it. The more the numbers the more chance that it will be staying in the market for good. This is the secret of many coins which are existing in the market for a long time now.

[tonyosa]

The community are the driving force behind the success of any crypto,they are like customers to a business without which the business will not survive

[HoundRogerson]

It seems to me that when there is a community of followers to the project it always has a good effect on the project and its popularity in general

[Carina.P]

It seems to me that when there is a community of followers to the project it always has a good effect on the project and its popularity in general

Supporters are very important for a project, especially in the early stage of development. Only by being sure of them can the team work better.

[staracrypto]

Vital, as the market is so volatile!

[pickledmuffin]

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

If we look most things in life, not just altcoins in cryptoland, community support and the sense of community makes a big difference, because it gives a deeper purpose to the end goal.

So sure, community backing a crypto project can't hurt and its something I look for before investing.

[nontyler123]

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.

[EricJones]

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 behind a project is just as important as the money that they are getting to put into the project. One thing that you cannot buy is human interest. If people are interested in buying your coin or using the product that you offering then there is no way that such a project will survive the market. If you have a committed community of investors behind a project then it will do well.

[dexiclick]

No it's not as important as everyone is saying. A good project with a valuable token will always have adopters, only use of a community is if your token or project has flaws.

[Hudora]

I always look at what managers work with the project and what people invest in it. in my opinion this is one of the most important factors when investing

[trantrangg999]

Community is extremely important as you need a strong and unite community to have a real succes in every single departament of the project. Ignoring the community will bring only fud , chaos and all kinda things so always protect your community.

[BTCHadzija]

very important, if everybody is just gonna dump it the moment price heads south, you'll get a snowball effect of ever lower prizes

[liberecalt]

It's not that important, token and project very good = buzzing community.

[dmgrinko1@gmail.com]

The community plays a key role in any project. If we see that the project has community support and it has users who will help the project, we can be sure that the project will be successful. For some projects, user support may be too serious. For example, EOT already has hundreds of thousands of players around the world. The guys are working on a project that will make the game industry better for developers and players. They have very important ideas and their implementation will allow all of us to enjoy the games on a new level, to earn money on this, and the developers will be able to produce their product at a lower cost and do it more often

[lalatao73]

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.

[Irkytsk38rus]

I think that when a project has a well-known team of people. In such projects, people invest much more money because there is confidence in these people

[dongyi17]

Community is need in Crypto Project, because of this community they talk about the project, they promote to other friend and the more community the more crypto project success.

[CrimsonGT]

very important, if everybody is just gonna dump it the moment price heads south, you'll get a snowball effect of ever lower prizes

It is true, if there is no trust of community in the project, most of tokenholders will try to sell their tokens, and the prices will fall dramatically and you will probably no way get your profit from the project.

[unknown-user]

I believe that the community determines the popularity of a certain project which simply shows if it is a good one or not. The community would eventually generate demand that would be reflected to the market price of the crypto when it is already listed in the market. The rating I think is what attracts more people to be a part of the community of a particular project which is really an important thing.