Success factors of a project

[BlackFor3st]

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?

Your right it will be best if they don't have to worry about the financial support and the best way to obtain this is to gather as many partners that they can get. Partners are the most influential factors in every project so there is a big chance that it will succeed.

Aside from that, they should focus also to their marketing and they should allocate good amount of money for it in order to maximize their audience and they can get huge numbers of investors. These are the two factors that I can say the most important one as good technical support or development team can be gathered anytime especially if you have stable financial support.

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[Jendral Istimewa]

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?

able to present a solid and tangible product to start so that investors are willing to give them financial support. the project team must be smart in managing the project being developed and responsible for establishing the project properly.

[Lauren Smith]

Honestly, how about an actual project? 99% of these "projects" or ICO's are just some idea a few people had and now they are trying to take a kong shot at it and if they fail at least they made some money. You need a team that tries and keeps trying. Teams now just give up and nothing ever becomes realized.

There is very little of substance. What is really annoying and i wish anyone reading this would realize there sre good projects out there. Just open your eyes and look.

[quierx16]

The sad truth here is that only few good projects can fund their own, mostly ICOs are depending on the investors because most of them really just focus on the profit they can earn in that project.

Why they dont fund the project up to its success?
-easy because even them dont trust their own work and they also have a doubt that the project sometimes cant succeed even its good.

Unlike before way back 2017 I think, ICOs are few thats why investors can earn.

[Yaunfitda]

Financial support is just one aspect of the whole picture. Project need to give us something, people behind should stay focus on the goals and not to be greedy and just go and developed for the sake of money, because it is very easy for them to get a project running but to scam people in the end.

Give themselves certain % of the tokens, and then it will be pumped, those people behind sell their tokens at the peak and then forget all about the project. So it should be a holistic approach and I do hope that project developers are going to be true to their words.

[Christinebeauty]

I think you have a point though. Some projects just list their coin on exchange without any market makers to initiate trading due to lack of funds and since traders too are sceptical about investing in new coins, you would realize that the coin would eventually die due to no or low trading volume

[dirgayeah]

I agree with your perspective about Funding is the key of success of project. But on the other side, project now a days are too general, not have a strong concept, inconsistent with their main Idea, all of that can be viewed by their Whitepaper and another prototype like MVP, etc.

[Ken_terrance]

Some project idea are so good that they will surely drive the public attention and investors have the will to choose which one that will suit them, mind you some ideas are just experimental and won't do any good

[tenakha]

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 more successful everything is, the more successful the project will be. There are factors that add value to the project such as being innovative, but it is not difficult to see the current situation. As the market expands, it becomes harder to survive, and that is what is happening right now. Even the IEO sale can be main factor that can affect the vision of the project.

[Ailmand]

A good working product, marketing and also the current market situation. I guess support from investors is not enough at all, the team has to be active in developing the project. I've seen a lot of project who had gained a lot of money in their funding stage and yet died eventually due to mismanagement.

[Bim abk]

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?

Money is really needed, and its role is very important to make ICO successful. It's just that ICO projects must require developers and teams who are competent in their fields. Project management is very important for managing and maximizing finance. The current case is more towards financial problems, because investors are also less interested in ICO.

Project management is important so that project life can go well. sometimes when the funds obtained are quite large but the developing team is unable to innovate optimally when competing in the market. projects that have raised funds do have to focus on developing ideas that have already been written, but most projects are difficult to do because of certain factors

[alexsandria]

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?

They may come successful with a sufficient money support behind. That is how it works but where and what would be the source of those money, well, it is from investors itself who are not just investing because they want the project to be successful but they want something in return wherein those investors are attracted by people who advertise the project itself. So it is not always the money but with people who are working hard to let money come in project.

[BChydro]

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.

The projects must have a real world solution to be successful and majority of the projects that promised big things were raising huge amounts of money and rather do nothing and they move on to another project as there was no one to question their motives or vision, all they need to convince the investor world is about a huge project with fancy name and a technical team and then start collecting funds but majority of the projects made any viable projects nor did they prove that they successfully did anything with the money collected, only a few projects made use of the money and came up with valid projects and they are still in the market as the rest of them died.

[Javi_Anibarro]

In the initial phase, marketing is important because it helps the project getting attention from the people and funding is also needed to develop its current technology.
However the key factor of a successful project is not about funding and marketing but the working product or service, without a working product or service the project will not generate any revenue and without revenue, the project will not be able to develop and make a progress.

[andycarrol]

usually what makes a project can get a lot of success can usually be seen from market conditions, see projects that are developed from existing whitepapers and finally see the team that works behind a project, so that when you have a lot of experience about ico then you can see many successful projects on the exchange platform.

[huu78]

In my opinion, the community of a project is important to support the project running smoothly. Not only when running the project but when their projects are in the market.
The community helps demand and supply is balanced and there is always trade-in their project. Finance is also important to support in setting prices on the market when bad with a buyback or such.

[fortunecrypto]

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?

Products or services that they are promoting when they are staging their IC, will have an impact on the price of their token, if the products or services are not accepted at all, it will have an impact on the price, some of these ICO are promoting exchanges but unfortunately they cannot compete with a fully established exchange, so investors who support these ICO based exchanges are losing their investment.  

[Landak]

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.

[Bitbtc8]

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

[Zeke_23]

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.