How important is a community behind a crypto project?

[TastyChillySauce00]

Real community that supports the project is very important.
But don't mix thousands of telegram bots and social multiple accounts with the real community.

True haha, but a strong and supportive community can be seen on how active the telegram group or the ANN thread is, if there's so many conversation big chance real people is there too.

There is not much to say, I think that people will very soon begin to understand that the community is the most important thing that can support the price of a crypto-currency project, because it is the community that fuels interest

Most of the time when a community is so strong they hyped the coin and talking about it anywhere, the demand increases.

[1715595381]

1715595381

[Denton]

Of course, it is very important that the community supported the project. Any undertaking continues to live only if it is recognized and supported. After all, without the faith of the community will not work. A strong and cohesive community always attracts attention and interest. And such a project is sure to be successful.

[lider1971]

A good question, the community is very important for the project, because it not only adds popularity, well, it shows demand. For me, the community is very important when choosing a project, if nobody follows the project, then there will be no success. And vice versa.

[cryptoburgerbash]

It is very valuable as there really isn't a price on it.

[invo]

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

community is very important behind the crypto, community is the one who will be the first supporters of that project and if there is no community, there will be no one who will support and continue to use it, there will be no progress.

[boolog]

a good community can certainly only be an advantage for a project. the community can help to drive a project forward. but a real community seems to be different from a community of bountie hunter.

[staracrypto]

I like the article, it brings up some great points.

Community is important, but it isn't everything. The team, project and their vision is a lot more important. If you have strong parts in all of these, then your community will grow organically.

[bit..what?]

A strong community can bring a project forward.
But a strong community is not all an altcoin project needs.
The further development of a project is more important than a community.
Both should still go hand in hand.

[martinford14]

It helps obviously but I wouldn't say it's that important to the long term of the project. Bitconnect and Verge had some of the biggest communities and they're not doing too well.

[Rony24h7]

I think community is very important because a large number of supportive communities not only can be of help financially but also help in marketing & promoting of the coin. A community can erase or identify the speculators that are looking for a quick profit and don’t really care if the business succeeds after have sold off their token.

   Those market have community backing or supporting they are strong even if their token has a lot of competitors. Community supporting is so important because people can engaged with crypto. If many people helping out supporting the project.
It will give a positive note to investors. The word of mouth is stronger than any news. Community backing will increase the value of the project. If the community does not believe in the project then the project is dead. Community support is one of best advantage, When we don’t have time to learn something better it helps us to find here better.

[dexiclick]

It's very important as it's something that can protect the token from criticism and also spread the word of it. Everyone knows that word of mouth Marketing is the best type of marketing!

[liberecalt]

It's very important, but not the most important factor.

Great article by the way as well.

[Kurokyy]

A great,large and supportive community will greatly help one project. Not only by promoting it to social media and friends but also a supportive community can get a coin listed in some exchanges without having to pay for the fee and that alone can prove that community is a big help whenever they are united.

Community is important in order to determine how many supporters an ico have in their project and that is the reason they are creating a market strategy in order to gather more investors.

[code]

Community is one of the key factors of the project. Without it, there will be no project itself.

[christofyler]

A good community could help promote project if they are really committed to it. I know this will be a bad example, but just see how ponzi schemes work. They are worthless without their community promoting it. Finally a loyal community, that believes in the project will most likely hold their coins, shares, wtv, when things go bad, because they believe in it, and that's probably good enough to bring any project from it's ashes.

[Grozaj]

I think whatever the community if the bitcoin falls all begin to drain the coin of the project. yes of course the community has a certain strength but insignificant

[noma45]

the crypto community is really important in every crypto project. really the community are the ones going to invest in the coin, secondly this same community consists of the investors. Now you see how important they are?

[Olena9797]

You know, i really would like to say that its very important, but after story with Verge i dont believe in it. Remember this? Verge had such a strong community behind, they even send a few millions dollars for marketing and partnership. And just look at Verge now, simply scam, and i feel pity of that people

[bangdol]

I think is very important. community help and support the successful crypto project and continues to grow. I guess if there is no trust from the community I think the project will not develop. Therefore it is very important for the team project to maintain the trust of the community.

[Bubblestonemax]

Community is very important as this are the people that are holding the tokens known as token holders and this is very vital as the detect the price and how successful a project would be as well. They are the back bone of every project