Herbert2020
Legendary
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Activity: 1946
Merit: 1137
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April 28, 2019, 07:32:27 AM |
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it depends on hundreds of different things! and it can be in a range from $1 to thousands of dollars.
for example you can do what 90% of the market is doing and copy another shitcoin and change its name to release a "new" one. that doesn't cost anything since you just copied another developer's code. this is happening these days in form of ICO/IEO/... but on the contrary if you want to create an actually good project with some innovation then it takes time for you to code it and that development process is a time you are spending as a "developer" so it costs you to code. depending on how much you invest your time it can cost differently.
the above is the major costs in my opinion. but then it comes the advertisement. a good project doesn't really need advertisement so your cost if you have a good project is nearly zero. for example Satoshi never spent any dime on advertising bitcoin! but if it is a shitcoin specially a shitty ICO token then you will have to spend money advertising it so that you can fool people into buying your crap so that you can dump it and make money. in which case the cost increases based on how much you want to advertise the project. it can be in form of banner ads on forums, websites or ad networks, it can be signature campaigns, bounty campaigns for fools,... and each have different cost.
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Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip. Whales are those who keep buying the dip.
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neonshium
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April 28, 2019, 08:29:39 AM |
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Let's say i would love to make a project i have great idea what will be the cost to make an asset plus website ?
It all depends on the kind of project you want to build, if you are thinking of creating your own coin and launching it to the market, then you should budget at least 3 BTC bought for developers and also payment of listing fee to exchanges so that your coin can be added to their exchange for trading, I am a developer and I have seen a lot of project been carried out, the least they ever spent in making their success was 2.5btc.
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rachman mahesa
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April 28, 2019, 12:55:55 PM |
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Let's say i would love to make a project i have great idea what will be the cost to make an asset plus website ?
It all depends on the kind of project you want to build, if you are thinking of creating your own coin and launching it to the market, then you should budget at least 3 BTC bought for developers and also payment of listing fee to exchanges so that your coin can be added to their exchange for trading, I am a developer and I have seen a lot of project been carried out, the least they ever spent in making their success was 2.5btc. 2.5 BTC - 3 BTC is certainly a big number in my personal opinion. But if a project that wants to develop is certainly a very reasonable number. I'm sure anyone would have an idea about the project. But for development, it is certainly needed.
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trash321
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April 28, 2019, 01:10:22 PM |
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I can not say how this case is calculated correctly, but I think that in general it depends only on how strongly you believe in cryptocurrency. I think that prices will set the market and it will dictate what I should use.
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lisasteca (OP)
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April 28, 2019, 01:12:21 PM |
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In my view, the first thing that you should do is to make a team. However, it will be easier to develop everything with some people on your team than you do everything yourself. The second thing is to look for a partnership to make people trust in your project. People will be hard to trust in your project without good support from trusted parties, except if you already have a big company. And the third one is to build a community. In crypto space, a community for a project is a must to strengthen your project and guarantee its sustainability in the future.
Yes i agree with you, team is important and good partership is vital for a project, i have such great idea and i would love to start soon!
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lisasteca (OP)
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April 28, 2019, 01:15:42 PM |
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it depends on hundreds of different things! and it can be in a range from $1 to thousands of dollars.
for example you can do what 90% of the market is doing and copy another shitcoin and change its name to release a "new" one. that doesn't cost anything since you just copied another developer's code. this is happening these days in form of ICO/IEO/... but on the contrary if you want to create an actually good project with some innovation then it takes time for you to code it and that development process is a time you are spending as a "developer" so it costs you to code. depending on how much you invest your time it can cost differently.
the above is the major costs in my opinion. but then it comes the advertisement. a good project doesn't really need advertisement so your cost if you have a good project is nearly zero. for example Satoshi never spent any dime on advertising bitcoin! but if it is a shitcoin specially a shitty ICO token then you will have to spend money advertising it so that you can fool people into buying your crap so that you can dump it and make money. in which case the cost increases based on how much you want to advertise the project. it can be in form of banner ads on forums, websites or ad networks, it can be signature campaigns, bounty campaigns for fools,... and each have different cost.
not much innovations, can't brings innovations more than bitcoin did , don't have such great computers skills , but i have such great idea and iwould love to make it with good team around! What do you think it would be the best steps to do right now? Starting to make a team?
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nicster551
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April 28, 2019, 01:17:59 PM |
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It is very hard to start a crypto projects from scratch. Imagine the cost you will used just in creating/maintaning your website. You need to hire a web developer to maintain the website and security. You will hire people to help you run the project like marketing, legal team and developers.
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lisasteca (OP)
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April 28, 2019, 01:22:46 PM |
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It is very hard to start a crypto projects from scratch. Imagine the cost you will used just in creating/maintaning your website. You need to hire a web developer to maintain the website and security. You will hire people to help you run the project like marketing, legal team and developers.
Well off course i need to hire people to make the project, need people who will start the project with me not for money for passion, people who beleave the idea it would be very good!
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Jpt
Jr. Member
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Activity: 374
Merit: 1
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April 28, 2019, 01:30:52 PM |
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Conceiving an idea to launch a project is very much good in the world of cryptocurrency. One of the good aspects of cryptocurrency is you need not to face difficulties in collecting funds to support your project and implement your ideas, but you need to put forwards a good concept and a genuine project. There are many investors ready to support your project (promising and good). Some sites have been offering as a mediator to collect funds for any person wishing to start a new project.
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Jating
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April 28, 2019, 01:40:17 PM |
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Let's say i would love to make a project i have great idea what will be the cost to make an asset plus website ?
Probably around $100k I'd say, you need someone to promote it, create a website for you, developed a token and then bounties to raise more funds. Or you can have like joint ventures or reach for other companies to help you do a start up though. For me, business capital should be big so that you can do whatever you want to make a project successful.
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949miner
Sr. Member
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Activity: 448
Merit: 250
Stake & Vote or Become a IoTeX Delegate!
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April 28, 2019, 02:09:55 PM |
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Let's say i would love to make a project i have great idea what will be the cost to make an asset plus website ?
First and foremost, the initial cost involved in the creation or development of a crypto project will basically depend on the type of project you want to develop and the purpose of the project to the crypto space. This will help you know the kinda team you need and the cost involved for the team. Also, the cost for a crypto project will depend if there is a product to back the coin and the project. You may need an estimated amount of $15k for the initial start.
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Rapidgator
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April 28, 2019, 02:23:16 PM |
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Let's say i would love to make a project i have great idea what will be the cost to make an asset plus website ?
First and foremost, the initial cost involved in the creation or development of a crypto project will basically depend on the type of project you want to develop and the purpose of the project to the crypto space. This will help you know the kinda team you need and the cost involved for the team. Also, the cost for a crypto project will depend if there is a product to back the coin and the project. You may need an estimated amount of $15k for the initial start. Sorry, but a 15kUSD is just too low amount to start bigger development of the project with blockchain technology in it. You have to remember that if you really want to succeed you have to also have a fund for marketing campaign.
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lisasteca (OP)
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April 28, 2019, 02:39:05 PM |
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Let's say i would love to make a project i have great idea what will be the cost to make an asset plus website ?
Probably around $100k I'd say, you need someone to promote it, create a website for you, developed a token and then bounties to raise more funds. Or you can have like joint ventures or reach for other companies to help you do a start up though. For me, business capital should be big so that you can do whatever you want to make a project successful. Ok let's say bounty you pay with the tokens i would not say it cost money , the most expencive think it would be for me to make goo professional website, i would say around 10K dollars it would be good money to start!
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bitcoin31
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April 28, 2019, 02:42:42 PM |
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The estimate I think for creating new project in crypto is about $5000-$10,000 because creating new project is not easy you need developer odd this and any others needed. Unless you are have skills that is good for creating new project and you know that you will save thousands of dollars for sure.
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cahkalem
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April 28, 2019, 02:52:39 PM |
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It depends on where you stay and the bills there I believe if you can get this to the service section; you will get precise answer from experts
It should be around 1,000$ for a start, you need a website, Internet and get it right from the start
not that simple my friend you need more than 1,000$, because for a serious project not only a website, but you should find a good and professional dev team, marketing team etc, and all the team above is not free,,, also to develop your project you need money too maybe the in the beginning you need at least 300,000$ - 500,000$
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dipeco
Copper Member
Jr. Member
Offline
Activity: 210
Merit: 1
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April 28, 2019, 04:14:30 PM |
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I can imagine that it is not the cheapest thing in the world. You need a website, a whitepaper, make a good team, pay advisors, community managers, developers to create at least an MVP. Moreover, if you want people to buy it, you need to pay for holding an IEO.
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rijaljun
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April 28, 2019, 04:23:37 PM |
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Based on how big is your time, if you are alone probably you need to hire esperts to help you build like good looking website, smart-contract, documents writers or paid-PR. With this situation, you will need to pay more money. But if you have a big team that agree to build the project together than it would be cheaper. Unfortunately, I can mention the exact number of money needed because maybe each country has its own expense.
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semobo
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April 28, 2019, 04:33:18 PM |
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Let's say i would love to make a project i have great idea what will be the cost to make an asset plus website ?
Nowadays token creation service available even at $250 as well but if you are going to create your own blokvhai for your coi means then it depends on your idea and your advertisement strategy.
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Alpinat
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April 28, 2019, 05:48:08 PM |
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Let's say i would love to make a project i have great idea what will be the cost to make an asset plus website ?
I don't really think it is a good idea mate. There is so much project that are circulating right now and most of us is just failing. I don't recommend to create a new project but if you really insist I guess the estimate for start to create such project is around $2,000 or more just for a starter it will increase from time to time.
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Fuhre
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April 28, 2019, 05:51:39 PM |
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If what you mean is the ICO project, then you need at least $ 2,000,000 for Softcape costs, because I once met the Agate project at a low cost. but you should have a partner, because the more you have partners, the costs can be cheaper because your burden will be divided.
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