amos77978 (OP)
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December 22, 2018, 08:54:28 AM |
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Does the amount of money raised in an ico determine the success of the project??
Is a necessity to do a fund raiser in order to start up a project??
Did satoshi nakamoto and vitalik also started a fund raised??
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R9s
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December 22, 2018, 08:58:51 AM |
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This is not the case. I think that most ICO projects this year are raising money to make project developers rich, rather than better developing high-tech crypto and products.
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passwordnow
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December 22, 2018, 09:25:59 AM |
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Does the amount of money raised in an ico determine the success of the project??
Yes definitely! Why would a project need to create an ICO? its for fund raising so that's why it needs to raise money. Is a necessity to do a fund raiser in order to start up a project??
Not all, there are start up projects that are standing on their own and proceeds the plan that they have through step by step. Did satoshi nakamoto and vitalik also started a fund raised??
ETH does, bitcoin no.
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diouf67
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December 22, 2018, 09:34:21 AM |
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Does the amount of money raised in an ico determine the success of the project??
Is a necessity to do a fund raiser in order to start up a project??
Did satoshi nakamoto and vitalik also started a fund raised??
I'll only answer Q1 because the other two have been answered perfectly well enough. I think it can be used as a determinant but it can go both ways. In theory only the most promising projects will raise a lot of money because they'll have the most interest. But it can lead to complacency on the part of the developers as they're already set for life with the amount of money they raised. Personally I don't believe that the majority of projects need anything more than a few million to be developed and worked upon. BTC is an example that a great project doesn't need millions of funding. Even ETH had very limited funding. Other projects today like EOS raised hundreds of millions of dollars and it all just seems unnecessary to me.
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dddudidd
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December 22, 2018, 10:10:28 AM |
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- Not necessarily, unless the project answers all future needs. -Of course, because the fundraising process also concerns the popularity of coins -Vitalik and Sathosi Nakamoto are already rich, I don't think they need to raise funds, and they are the founders of Crypto
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ahmia39
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Trident Protocol | Simple «buy-hold-earn» system!
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December 22, 2018, 11:48:40 AM |
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right, the success of the project is indeed seen from the funds that have been collected, but there is one more factor that is the success of each project, namely a strong and big support team through a good community.
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De_nis
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December 22, 2018, 11:52:51 AM |
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I think the amount of funds raised does not objectively reflect the success of the project, but it very well determines the success of the marketing company!
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rasulibragimavic
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December 22, 2018, 12:33:40 PM |
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Logically, you should understand that the more money ISO will collect the better marketing in the project, or rather part of the money will be spent on content promotion and events. Also, the more money the faster the project implements the idea !
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VENUSENERGY | CRYPTOCURRENCY M I N I N G https://venusenergy.io/
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kenelmark
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December 22, 2018, 12:40:37 PM |
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fundraising is needed because through the fund raised can be made further development of the project, and usually fundraising is done through promotion and project introduction to investors.
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sacskate
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December 22, 2018, 01:13:58 PM |
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Does the amount of money raised in an ico determine the success of the project??
Is a necessity to do a fund raiser in order to start up a project??
Did satoshi nakamoto and vitalik also started a fund raised??
no doesnot necessarily means success of an ico ,many icos reached the hardcap and failed but ti succeed you need to raise at least the softcap
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Kotone
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December 22, 2018, 01:23:11 PM |
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Does the amount of money raised in an ico determine the success of the project??
In some way but not all the time. I see in the recent ICO even they accumulated their target, they can't seem to get the ICO price. If that's how you define success. But in the mere fact that they get their ICO target means success. It's a different story if they produce what their promised. Is a necessity to do a fund raiser in order to start up a project??
No unless you have a fund of your own. Did satoshi nakamoto and vitalik also started a fund raised??
I think eth does.
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Goldleader
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December 22, 2018, 01:27:00 PM |
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Op it's a big giant gamble with no certain chance of success .The only thing is read thru T &C .read reviews and ask a lot question. Especially how to withdraw from that ico if things turn South plus the background of personal
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judeafante
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December 22, 2018, 01:27:23 PM |
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Does the amount of money raised in an ico determine the success of the project??
Is a necessity to do a fund raiser in order to start up a project??
Did satoshi nakamoto and vitalik also started a fund raised??
I am more attracted on ICO that has a ready platform and project to start with than having a plan to set up, it is not actually necessary to start a fundraiser to start a project, and Vitalik is the one that started it all, because of the success of Ethereum we already have thousands of ICO's and more coming up.
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tuthienloc92bk
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December 23, 2018, 08:00:47 AM |
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Does the amount of money raised in an ico determine the success of the project??
Is a necessity to do a fund raiser in order to start up a project??
Did satoshi nakamoto and vitalik also started a fund raised??
I think the amount of raised fund is just showing the success of marketing and the skills of negotiation to attract and build the trust to investors. And the success of project after ICO is depended on the dev team. Fundrasing is necessary. Of course, if they don't have their initial fund or sponsorships. And with the projects that need the infrastructures, how to implement if they don't have money? Bitcoin and Ethereum are almost built by coding and thinking. I think these don't need too much money.
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Mytoken
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December 23, 2018, 08:33:39 AM |
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The amount raised by the ICO can play an important role in the project. Of course, the project must be real, otherwise the funds raised will only disappear.
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changxia
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December 23, 2018, 10:37:24 AM |
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Although I know that raising funds can help the development of the project, I don't think the project needs to rely entirely on ICO's fundraising.
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damberg
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December 23, 2018, 12:37:29 PM |
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It is different for every project. Some industries and projects require lots of investment to reach for example critical mass of their users. The most difficult thing is to wisely plan spending of crowdfunded money.
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IgorShumilo
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December 23, 2018, 12:45:43 PM |
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I believe that the funds raised at the ISO stage should be frozen and given in parts to the project team only after they have fulfilled the promise in the roadmap. If the team does not do anything, then the money should be returned to investors. Now projects attract huge money, but after a while their project cannot show progress.
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Andruha1993
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December 23, 2018, 01:34:14 PM |
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Personally, I think that big money collections determine the success of an ICO. As with the collected money, they can quickly develop their project and product.
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bigcash2011
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December 23, 2018, 01:38:52 PM |
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I am not sure about satoshi raising funds but actually bitcoin did had a whitepaper and plan in the beginning so may be they had raised the funds by selling btc online while if i remeber correctly eth did raised funds before the development and during ico it was sold for around 70 cents per eth. I think raising funds is the basic requirement for each startup and their is no harm in investing in these projects if they are legit and serious with innovative products and solutions.
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