How important is a community behind a crypto project?

[Ravenangel]

I think it is one of the most important things of a project, in addition to the usefulness of course, many times the community is the one that drives the progress of the project, since many of them are loyal investors, who want to see the success of their investment, so they will support the developers until the end.

[Eddyc]

The community is the basis of structure of a project and even if it has a financial amount a project without community has no future. We can state categorically that the community for a project is 50% guaranteed success. To conclude, with a healthy community the project can adjust concepts to a specific path of success and across the community new paths can emerge.

[delton22]

allow me to define a community as the backbone of every cryptocurrency project. a crypto project that does not have a community has failed before it already started. a communtiy supports the project.

[amobi]

well, i think community is very important in any crypto project, community shows how popular the project is the people's view about it, it shows how valuable the utility token that the project has, and this will derive its value when it enters the market

[somelink]

Community support or support is important because a large support community can not only help financially but also help marketing and promoting coinage.

[gegewojinnian18]

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 necessary, I think it can be understood as a small consortium, they are affiliated with the project developer. If the community is bigger, it proves that the more money there is. If there are some companies that really do things, there is such a community behind them. So it's a good thing for community members and companies.

[GetRich]

The community is a very important indicator of how interesting the project is and to its software product. The most difficult thing in this situation is that the community can be increased with the help of Airdrop and for the investor it will be a false indicator.

[megaplage]

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 always pay attention to this and that is why I have never lost money. The best way to determine the quality of a project is to understand who is investing in it

[Dolmar]

I think you require a network behind you, in light of the fact that with any new token, a lot of the ventures will be examiners that are searching for a brisk benefit and don't generally mind if the business prevails after they have sold off their token. Having a solid network secures this. Simply take a gander at DeepOnion, they have an astounding network behind them and they are solid, regardless of whether their token has a great deal of contenders.

[Victorik]

The reason we keep having failing projects is because of some weak teams who don't have a definite purpose. They just come up with a well polish white paper and great road map and will just fail afterward, thereby causing a devastation of heart to investors. Project team members are more important than the project itself.

[tri lie]

The background of the team from an ICO is important enough to know. Because they are the first benchmark in the success of the ICO. Teams with broad relationships and weighted references will add to the attractiveness of investors to join. If an ICO has a reliable team, they have considerable opportunities to succeed.

[riska hanissa]

very appropriate, very useful community for development in supporting a project, because the information dissemination system is very accurate to be published, especially from every available media.

[baribori45]

In an encrypted project, the project will be difficult without the support of the community, and a strong community can encourage the team to grow, which can make the project more team effective

[wiak2]

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 can't imagine not paying attention to that.Community is the best way to understand what project is in front of you

[NightClawC]

It's depending on the purpose of project, B2B or B2C, If the ICO is for B2B only, they don't need big community behind, they just need good partners/investment fund.

[PurpleTulle]

Community is everything as they can ruin a project faster than you can imagine.  If the community is poor,  no matter how good and promising the project may seem,  it can fizzle out soon. The community has to be engaging and alive, making reasonable inputs to the project and all. 

[dimon01]

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 for the project. Some coins survive solely on the faith people have in the community behind the project.Good community can make it and the bad one will break it.

[Aivengo111]

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

I agree that community isn't the only factor for the project's success, but it is a vital one. We judge the project ourselves based on the people who are supporting it, so we are to blame for giving the community factor priority when we assess the health of the project.

[EfterlysT]

The reason we keep having failing projects is because of some weak teams who don't have a definite purpose. They just come up with a well polish white paper and great road map and will just fail afterward, thereby causing a devastation of heart to investors. Project team members are more important than the project itself.

The background of the team is important, white paper and roadmap are important. But community alone doesn't make the product good, developers make the product what it is. But they can make a good product and community will screw it up.

[prostevino]

Very important, without it any token will fail.