How important is a community behind a crypto project?

[lovesybitz]

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'd say, it is an absolute must!

A community faithfully backing up a project indicates a resounding trustworthiness of a project.  Seeing community members actively participating in discussions are investors magnet!  Imagine a flock of updates and progress through the community in a religious manner! I'm sure the project will garner enough audience and potential backers in no time.

Though, i'd have to say and allow me to do so without any intended pun, the legitimacy of community members shall also define the legitimacy of the project.

Be wise. Be observant.

[diego ramos]

Community is so important. They bring new investors-users, give ideas, testing and more... They give big value to projects.

[Agathai]

A good project will always be supported by a large community. They come from the spirit, testing the product with the level of users or investors. And most of all, the community is important to any crypto. even bitcoin.

[Caesar-Giulius]

Community is definitely important for a project. I will think a strong community is able to help promoting the project and contribute to the growth.

[Babyrica0226]

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

But of course, any good project will end up having a strong community backing so to say the least.  And at times, this loyal crypto community is a better choice rather than generic marketing strategies available in the market.

Specially if the loyal community backers are actual people! This will surely drive a lot of selling force and is a very attractive indicator of a good crypto investment.

[idioma1]

 Community is an important  part of the project. It is not only support it with money but alsohelp in marketing and promotion

[Enterprise Ether]

More and more spheres, enterprises and institutes are using block to improve their activities. It also gives impetus to the growth of the crypto currency market!

[Nasonn]

Community is a vital tool to the success of any project, apart from the financial aspect, the size of the community also sends a message about how a project is perceived and attracts new members in the process.

[KuyaBreezy]

Community is easily the most important thing to  a project as they are the exact population who will determine the success rate on the project if you the community doesn't accept and embrace the the project then the project is as good as failed. The community therefore is just as important

[sexylady13]

In recent months there were many cases when teams and managers have tried to cheat their communities and have paid the price. All.me, for example. These confirm the importance of the community for each project!

[lichnosam]

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 believe it is very important. A community is actually what defines if the  ICO project  is successful and  promising or not. It can help developers to spread a word about their project to the people.

[merle]

Very important. the importance of the community for a crypto project is like what makes the project may be successful. An alive community from the admin or developer will make the members spirit in joining and active in the community. Moreover, the investors and all participants will believe more in the crypto project.

[tranthinhuquynh5]

It reinforces credibility and  validates the product.  Regular updates keep investors interested and validates the legitimacy of the project   

[warning_btc]

I think for great project dont need community.
We know what some ICO have success without bounty campaigns

[Konffetka]

The community is one of the most important drivers for every cryptocurrency project. A project with a good number, as well as with active members of the community, has all the aspirations for success. Even if the project does not have enough money to support it, a strong community will always do what money can not do sometimes.

[Jochen]

Without the community the project is nothing of course the most important is that. If you have not people who stand behind your project, share it and support it with their money, there is no chance to be successful in my opinion. So everyone's support is really a matter with a project.

[alina_2001_12_01]

Many projects are kept purely on the community that is formed around it. The same Ethereum has such great popularity, only because of the community and it is because of this that money is invested there.

[dianikusuma]

the community is crucial to a project. This will make or determine the course of the project for the future. If the community can walk well and have experience then certainly will make the project can also be successful. so in analyzing and viewing community is also important in determining the development of the project.

[BTCmasterVM]

This is one of the main things that I pay attention to the choice of ICO, this is a huge support for the project and in difficult times is a guarantee of overcoming difficulties.

[Folomyu]

I imagine that network is a standout amongst the most imperative variables for any altcoins in light of the fact that the network resembles the financial specialists so if the network is exceptionally dynamic and has a ton of individuals then the altcoin cost will have more esteem. I think the network for a crypto venture resembles the client base for facebook or twitter. As I would like to think, a crypto venture without a network resembles a dead task in the crypto world since no one will purchase the token.