AgentZero23
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January 14, 2019, 08:28:42 PM |
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Having a successful ICO means the development of the project is guaranteed and use the money to develop the product. However, some projects can't deliver what's in the whitepaper and roadmap. They sell only the idea and no working product and the lack of real world use case of product and token the project will start to fail.
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Saint1990
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January 14, 2019, 08:29:07 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??
The amount of the fund raised in ICO doesn't determine the success of the project, it depends on how the project utilizes that money to launch their products as they promised after the fund raising. The longer the time team takes time to launch their product the less likely the product or company will become valuable or sustainable. Lauching products on the market is the first task for the ICOs but making it adopted by the user is the biggest challenge for the ICOs as if there will be no user then the product is useless. They need to build the active community which will support their project & engage with community members actively. Raising funds for any fresh startup is really necessary as they need huge amount of money to build team, marketing, exchange listing etc. Also Satoshi nakamoto never raised money by ICO for your kind information. It was vitalic who raised by through ICO in 2014 rasing 3700BTC at that time valueng around 2.5Million $.
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Huntler1993
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January 14, 2019, 09:39:37 PM |
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Not always is monies needed, i think it all depends on the project and what it involves, but trust me at any particular time monies are needed to run the project and ensure it becomes successful and that is definitely come from raised funds.
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disconnectme
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January 14, 2019, 10:00:55 PM |
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The amount raise do not equate into success, we have seen over and over again that ICO which raise reasonable amount of money perform better than those that raise uncapped funds and take their investors for granted, Binance and Stratis are two projects that put value ahead of greed and their investors have raked huge profit investing into them
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ceetoo224
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January 24, 2019, 04:04:26 AM |
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No not really, it depends on how big the project is, well, let say the project is small, so it doesn't really require a huge fund in order for it to be successful in the market. And that's the case.
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libert19
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January 24, 2019, 04:12:44 AM |
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There was ICO for Ethereum but not for Bitcoin, I do not think ICOs need much funds for the start up of the project. There were some apps who needed millions to build a mobile app, like for real.
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Vaculin
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January 24, 2019, 09:20:40 AM |
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Does the amount of money raised in an ico determine the success of the project??
No, there are many ICO which raised their hard cap and even some raised more than $100 million dollars but still a shit coin right now. Is a necessity to do a fund raiser in order to start up a project??
Not really, anyone can start with his own money and his own team, they are just doing it to minimize the risk or to transfer the risk to the ICO buyers. Did satoshi nakamoto and vitalik also started a fund raised??
Satoshi, no - I guess ETH had an ICO.
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pemantaubtt
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January 24, 2019, 09:27:30 AM |
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no, it's not, the success of the project is not determined by money raised from ICO. currently the success of the project is determined by the demand in the market and also the real product of the project. BTC = no ICO ETH = Yes
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hoddddler
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Crypto24Radio.com 🎧 🎤 🎸
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January 24, 2019, 09:35:26 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??
1. Not necessarily, but it definitely can help. If you can't raise as much as needed for the mvp, then you can say good bye. But there are also a lot more to what determines the success of a project. 2. Depending of a project. If it needs bigger investments to get started, then yeah, you need to raise funds somehow. If you have the know-how and don't need to raise much funds, then you can get going without it. 3. They just had the skill-set already, that was needed for them to get it going.
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Trcream
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January 24, 2019, 09:58:41 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??
While not all project has ICO, as usually backed by some companies. The reasons why some do ICO may be: first, they are doing it for fundraising, which is really for the development of the project; Second, some spam; as lots ICOs in 2018, while most of these projects were only for money Third, ICO is also kind of way of promotions, makes more people know of their products.
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Caladonian
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January 24, 2019, 10:19:47 AM |
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Does the amount of money raised in an ico determine the success of the project??
No, there are many ICO which raised their hard cap and even some raised more than $100 million dollars but still a shit coin right now. Is a necessity to do a fund raiser in order to start up a project??
Not really, anyone can start with his own money and his own team, they are just doing it to minimize the risk or to transfer the risk to the ICO buyers. Did satoshi nakamoto and vitalik also started a fund raised??
Satoshi, no - I guess ETH had an ICO. That's the point, even successful ico who reached both soft and hard cap still shit right now and development is not that much some still not listed from any exchange, project that well funded supposedly doing progress and give good returned to its respective investors are not doing anything, it's no longer 2016 or 2017 where projects gives a lots of profits. Investors are no longer interested as they are not getting any good outcome, though some still taking the risk but also wiser enough to select new project that have a good potentials to bring higher chances of success.
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hdclover
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January 24, 2019, 01:54:14 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??
There is no need to raise funds in order to startup a project because most of the projects can be started with little to no investment. Most of the people will have this much amount. Once you want to take your project to the next level you can raise the required funds through public or private funding. Most of the successful companies in the world are started with no to less investments. You definitely don't need millions of dollars for a startup. Yes, Vitalik raised funds but Satoshi didn't.
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Blah blah
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pundit
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January 24, 2019, 02:57:21 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??
Not really, the amount of fund raised does not determine the success of the project. I remember one project named Bitclave in late 2017, its hard cap was achieved in just 30 seconds or so but project did not go well. If there is a strong team behind a strong concept then rate of success is more. Vitalik has raised funds for ICO. Currently many projects are turning SCAM this is one concern which needs to taken seriously otherwise fund raising is a normal process for any good company to expand their work area.
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SaRmY
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January 24, 2019, 02:59:49 PM |
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Unfortunately, the funds collected by the project are not a guarantee of success. Since most projects can not perform their communications and provide the product that was announced. It is a fact. I have seen quite a lot of projects that raised a lot of investments but could not do anything.
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Fundalini
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January 24, 2019, 03:04:53 PM |
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A hard cap or collecting huge amount of money does not equate to the success of a project. Take for example, INS. It reached hardcap but look at where it is now in cmc. Barely achieving the task in their roadmap.
Much better to invest in projects with working product and did not conduct an ICO like exrn.
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salad daging
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January 24, 2019, 03:05:03 PM |
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of course it is very decisive because if the project lacks funding, the project will be hampered by development and even die and why is the ICO needed? the reason is because most developers have good ideas but don't have enough capital to develop their own projects so they need to hold an ICO to get enough capital
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herdiansyahdanang
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January 24, 2019, 03:11:54 PM |
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Unfortunately, the funds collected by the project are not a guarantee of success. Since most projects can not perform their communications and provide the product that was announced. It is a fact. I have seen quite a lot of projects that raised a lot of investments but could not do anything.
Like other ICOs that have collected and up to $ 10 million and above, that success does not exist? where is the money if it doesn't work?
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RobotNIK
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January 24, 2019, 03:13:16 PM |
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Theoretically, the amount of money that the project collects play a significant role in how the product will continue to develop!
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cryptomaster420
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January 24, 2019, 03:47:33 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??
Vitalik did fundraising, Satoshi couldn't possibly remain anonymous if he performed something like that. Some 2017 ICO-s that got hundreds of millions of dollars didn't really need more than a couple hundred thousand to finish their products, so amount of money raised is not an indicator - these guys probably spent in on lambos. But it really depends on the project complexity, DYOR research individually for each project.
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GREENch
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January 24, 2019, 04:03:51 PM |
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I am sure that certain funds are needed for any project, so that developers can realize their idea. But I can't understand why the projects put the inflated amount for soft cap and hard cap
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