Does ICO need MVP?
Here are some reasons:
- It demonstrates the viability of the idea;
- It provides potential investors with a proof of reliability;
- It distinguishes the company amongst the competition and increases its chances to succeed.
No doubts, creating the MVP requires time (though, much less than the finished product), money and efforts. But at the same time, it allows avoiding much of the risks, increases self-confidence of the startup owner and inspires trust from potential investors. By analyzing the customers’ feedback, you get the additional opportunity to improve your product, strategy or the whole campaign in order to prepare for the alpha version properly. And the competent software developers would be your reliable partners when creating the best MVP possible.
More info here:
https://webcase.studio/blog/developing-mvp-pre-ico/
