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Author Topic: Success factors of a project  (Read 983 times)
TGD
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October 27, 2019, 08:01:11 AM
 #41

The truth is if you have all the money in the world without good teams you will end up wasting money over and over again, good dev should spend time picking out professional personnel in every fields in crypto, the main problem with most projects are all on the teams, the project ideas are always good but not the team
The team should be dedicated enough and they should be reunited in one goal, if they don't aim for the same goal or achievement then tendency they will separate and left the project hanging. It is good to be in business with people you know will push and inspire you to achieve the output every one aiming. They must know their roles in the project too.

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October 27, 2019, 10:06:16 AM
 #42

I think the success of a program is fully supported by the experienced and honest team running the program that they are working on. whereas for self-funding it will be greatly assisted by investors when the program they are working on is very attractive and can attract investors to give their money to invest in the program.

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October 27, 2019, 10:16:06 AM
 #43

I think the success of a program is fully supported by the experienced and honest team running the program that they are working on. whereas for self-funding it will be greatly assisted by investors when the program they are working on is very attractive and can attract investors to give their money to invest in the program.

the more important factor is investor satisfaction, this can be said when investors get profits, the project's success is good and for the problem of success obtained is hard work from a team that can carry out work in accordance with the targets that are on the white paper. I personally think the success of a project can be judged by the market volume, if they get a good volume then the project will stay alive

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October 27, 2019, 10:26:31 AM
 #44

Daily many projects are brought into the market with different ideas and background.
But the question is what makes these projects to perform well in the market. No doubt good technical support is too necessary to lead the project towards success, but even with good technical support and marketing many projects can't survive.
So what matters these days is financial backup or financial support. Before entering the market a project (or ICO) should have enough financial support to compete in the market even in worst conditions.

It's my own analysis so far in this altcoin market.
What are your thoughts?


I am assuming that by financial support you mean using them to listing fees, but you only need Binance and Bittrex for listing to be honest, and to get there is not about money, but about the quality of the developers and the team and the track record (that i am assuming you mean by technical support or i am gravely mistaken).
Most of the places offering listing fee are just on the top exchanges because their huge wash trading, and it's pointless to use any money for listing those.

But i haven't see grin for example done any marketing and it has done ok and is still has $22,350,562 marketcap.

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October 27, 2019, 10:40:24 AM
 #45

Even with enough financial support, a project that doesnt know how to do a good marketing sometimes were a let down as well.
As long as they have a good backup support be it the companies behind them, financial and their purposes of the road map, I think they're good.
They need to play their cards right. They need to know what the the investor wants and the market condition.
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October 27, 2019, 11:12:56 AM
 #46

yes you are right enough funds are important capital needed for a new project to be able to survive in the crypto market. although the project has a dev and a good and creative development team but if they don't have enough capital they won't be able to enter in a good exchange. to be able to enter in a good and well-known exchange requires a large fee. and most investors now prefer projects in good exchange.

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October 27, 2019, 11:17:03 AM
 #47

Daily many projects are brought into the market with different ideas and background.
But the question is what makes these projects to perform well in the market. No doubt good technical support is too necessary to lead the project towards success, but even with good technical support and marketing many projects can't survive.
So what matters these days is financial backup or financial support. Before entering the market a project (or ICO) should have enough financial support to compete in the market even in worst conditions.

It's my own analysis so far in this altcoin market.
What are your thoughts?


The factor that will impact the market price is the hype.
If many people talk about it and people hunt the tokens like crazy i'm sure the project tokens will be ended expensive in the market. So it's a task for the project marketing to make hype to the community
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October 27, 2019, 11:33:18 AM
 #48

True. There is no denying that.

They should not rely anymore with the offering of different individuals. It wont be enough to surpass the soft cap of their funding.
One necessity is to find one large investor and push them to buy tokens or just be an investor offering him percentage of what they will profit for a long time.
More like a shareholder.
That way, even if the offering would not reach a softcap they could still continue their project. This is also to avoid bankruptcy.
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October 27, 2019, 11:43:03 AM
 #49

Daily many projects are brought into the market with different ideas and background.
But the question is what makes these projects to perform well in the market.
It is hard to find quality projects in the market and they might be many projects coming on a daily basis but there is a lack of quality projects that could solve anything, these projects are here to make money and we saw thousands of projects in the past and only a few succeeded in fulfilling what they started out and the rest died out and the worst part is that they do not need to refund any money and the investors looses their hard earned money.
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October 27, 2019, 11:49:56 AM
 #50

The team.
Idea behind the project, should be new or solve some issue.
IEO project not ICO.
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October 27, 2019, 11:50:52 AM
 #51

Daily many projects are brought into the market with different ideas and background.
But the question is what makes these projects to perform well in the market. No doubt good technical support is too necessary to lead the project towards success, but even with good technical support and marketing many projects can't survive.
So what matters these days is financial backup or financial support. Before entering the market a project (or ICO) should have enough financial support to compete in the market even in worst conditions.

It's my own analysis so far in this altcoin market.
What are your thoughts?

Many factors affect a project, and it is true that finance is also needed in building a project because every project needs funds to be able to develop the project delivered and besides the funds also the activeness of the team behind it to continue to make updates about the project in order to attract investors is a matter must be done so that softcap can be achieved to run the project.
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October 27, 2019, 11:51:58 AM
 #52

Daily many projects are brought into the market with different ideas and background.
But the question is what makes these projects to perform well in the market. No doubt good technical support is too necessary to lead the project towards success, but even with good technical support and marketing many projects can't survive.
So what matters these days is financial backup or financial support. Before entering the market a project (or ICO) should have enough financial support to compete in the market even in worst conditions.

It's my own analysis so far in this altcoin market.
What are your thoughts?

Definitely yes, financial support is very important on a project if you don't have funds most likely no matter how good a project is, some will think that you are a scammer or fraud if you don't have any capital and end up a failure project. That's how some investors think now, Even myself. So if a project is planning to have an IEO or ICO they better have VC (Venture Capital).
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October 27, 2019, 11:56:10 AM
 #53

Projects with the right team and financial power will make a formidable team and their project will be huge success. Recently, many projects have  failed because they lack the right team and also not having the financial power to make some drastic movement in project development. I once participated on a project with good team and the financial wills, their project was a huge success at the end, so, this factors matters a lot for a project to succeed.

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October 27, 2019, 12:04:00 PM
 #54

The success of the project depends on the project team and the concept of ideas that are brought (products and services). How much is the total amount of fundraising (for some reason I doubt at this point), the ability to "buyback" at certain times. The amount of enthusiasm from the investor community the more people believe in the project, the higher the value of the project.
The ability to understand and analyze every situation is one of the characteristics of a great team running a project.
Taking seriously their responsibilities and having a mindset to achieve their goal can also bring their project to success. Without having a goal, it will be impossible to create and improve a project.
It's impossible to launch a project without an specific goals, and if it's really a legit one, establishing each goals is a must. Because of that, potential investors would develop confidence to join and invest to a certain project.
Transparency towards customers should be presented and revealed to the public in order to gain popularity, and to become well recognized by many.
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October 27, 2019, 12:11:02 PM
 #55

Projects with the right team and financial power will make a formidable team and their project will be huge success. Recently, many projects have  failed because they lack the right team and also not having the financial power to make some drastic movement in project development. I once participated on a project with good team and the financial wills, their project was a huge success at the end, so, this factors matters a lot for a project to succeed.
After having a good detailed project or product and dedicated team there must be a team that are good to market too, it is a must so when they need to develop more their product it can be known by other investors that are doubtful and can attract more possible investors to keep their product alive in the market.

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October 27, 2019, 12:20:56 PM
 #56

yeah i think like that, i agree with you. with financial reserves or financial support is very necessary. For example, such as creating an IEO event or seminar on the project itself certainly requires sufficient finance
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October 27, 2019, 12:22:07 PM
 #57

Projects with the right team and financial power will make a formidable team and their project will be huge success. Recently, many projects have  failed because they lack the right team and also not having the financial power to make some drastic movement in project development. I once participated on a project with good team and the financial wills, their project was a huge success at the end, so, this factors matters a lot for a project to succeed.
After having a good detailed project or product and dedicated team there must be a team that are good to market too, it is a must so when they need to develop more their product it can be known by other investors that are doubtful and can attract more possible investors to keep their product alive in the market.

A smart marketing strategy is of course necessary for a lot of companies to get to the ears of the investors, especially the institutional investors whose investment is a lot of more significant from small individual investors. However, if their project is below quality, any kind or amount of marketing strategies will be useless. Marketing strategies are important if there is something worth marketing. If the project is shit in itself, it will still end up dead even with a very brilliant and aggressive marketing steps.
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October 27, 2019, 12:23:42 PM
 #58

Projects with the right team and financial power will make a formidable team and their project will be huge success. Recently, many projects have  failed because they lack the right team and also not having the financial power to make some drastic movement in project development. I once participated on a project with good team and the financial wills, their project was a huge success at the end, so, this factors matters a lot for a project to succeed.
After having a good detailed project or product and dedicated team there must be a team that are good to market too, it is a must so when they need to develop more their product it can be known by other investors that are doubtful and can attract more possible investors to keep their product alive in the market.
Good advertising handlers are very important since the market is full of many projects that competes with each others, good advertisers can bring impact to the project, providing detailed information and bring awareness to whatever updates and new sets of plans coming from the team.

If the project is progressive, the information coming from the advertising department will enhance the chance of good numbers of followers to continue supporting the project.

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October 27, 2019, 12:24:54 PM
 #59

The success of the project depends on the project team and the concept of ideas that are brought (products and services). How much is the total amount of fundraising (for some reason I doubt at this point), the ability to "buyback" at certain times. The amount of enthusiasm from the investor community the more people believe in the project, the higher the value of the project.
The ability to understand and analyze every situation is one of the characteristics of a great team running a project.
Taking seriously their responsibilities and having a mindset to achieve their goal can also bring their project to success. Without having a goal, it will be impossible to create and improve a project.
It's impossible to launch a project without an specific goals, and if it's really a legit one, establishing each goals is a must. Because of that, potential investors would develop confidence to join and invest to a certain project.
Transparency towards customers should be presented and revealed to the public in order to gain popularity, and to become well recognized by many.

It is possible  . Didn't you notice that many projects these days are ended up failed ? It's because they aren't serious or they don't have goals at all  . In their minds they only want to come up with a coin like this so that they can earn a profit  and the worst part is that they are only using promising words and eye popping promotion just for the sake of gathering costumers  but these were small term and they will fail too early
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October 27, 2019, 12:30:14 PM
 #60

I will say the roadmap is the best factor to consider if the project will end in a good mode. Have been with bounty and find out that; many projects failed basically because of their lack of good roadmap, I will see this a number one factor for a great project to surface.

Although there are other factors ranging from; having good financial sponsors or investors that are ready to invest with the company. Also, putting together good heads to champion project development also matters to the success of the project.

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