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Author Topic: Success factors of a project  (Read 1001 times)
Pet240
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October 27, 2019, 12:36:13 PM
 #61

The power of community on a project cannot be underestimated, because it is the major medium through which a project grows. Even if there is good technical support; even is the the product is one of the best, if there is no active community, the project is going no where.
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October 27, 2019, 12:36:27 PM
 #62

the success factor of the project depends on the performance of the team or developer and also the marketing of the products they offer in the market. but as you have said it is also true that many products do not function properly and vice versa. I think the reputation of ICO has now been destroyed and many investors have avoided the ICO project.
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October 27, 2019, 12:41:33 PM
 #63

the success factor of the project depends on the performance of the team or developer and also the marketing of the products they offer in the market. but as you have said it is also true that many products do not function properly and vice versa. I think the reputation of ICO has now been destroyed and many investors have avoided the ICO project.

ICO is now beginning to be abandoned because its reputation is not as good as it was a few years ago. investors began to switch to other investment methods.

for the factors that influence the success of the project I always believe that if the team that is in development can innovate and get a lot of trust from the community then the project can be said to be a good project
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October 27, 2019, 12:42:28 PM
 #64

The power of community on a project cannot be underestimated, because it is the major medium through which a project grows. Even if there is good technical support; even is the the product is one of the best, if there is no active community, the project is going no where.
If the product is one of the best, then the community itself will grow around the project. if the project is weak and it does not develop, then there is no benefit from the community that this project has

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October 27, 2019, 12:44:25 PM
 #65

Financial support, technical wise and marketing strategy plus perfect promotion could make a certain project successful. A new project should know how to gain the trust of investors by showing activeness and following a good roadmap. Project campaign plays a vital role in promoting and advertising a certain project as well.
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October 27, 2019, 12:50:56 PM
 #66

The team.
Idea behind the project, should be new or solve some issue.
IEO project not ICO.
Yes, now the most important factors for the success of a project are three items, the first is a clear team, the second is a lot of collaborative partners, and the third is a good sales program through a large exchange, commonly called IEO.
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October 27, 2019, 01:04:33 PM
 #67

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?

Project should had enough financial support even on pre-ICO. The most important thing i would say for a project to be a success is into its idea or potential itself.
No matter how funded it is but if its just an another copy cat project using the same common platform then i would definitely say that it wont really have any future or
would definitely go to the same fate on most shit projects in the market.Make it a revolutionary one and the community will surely recognize it.

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October 27, 2019, 01:14:16 PM
 #68

the success factor of the project depends on the performance of the team or developer and also the marketing of the products they offer in the market. but as you have said it is also true that many products do not function properly and vice versa. I think the reputation of ICO has now been destroyed and many investors have avoided the ICO project.
maybe what you said is true about the success of a project that can bring benefits to its investors, but now it is very difficult to get a project like that. Many of the projects that I participated in turned out to be the result that was not what I expected and investors hoped that one day in the future many projects could reliable in investing, of course
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October 27, 2019, 01:23:29 PM
 #69

many new companies develop their own crypto currencies but sometimes don't have a good development, and maybe developers have to revolutionize other concepts or ideas that are different from every project on the market. Usually projects with unique concepts can attract market investment. but all of that goes back to the project developer because the key is only in the project developer.
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October 27, 2019, 01:35:35 PM
 #70

First for the success of a crypto requires very large capital, then for the product must really be used by many people, introducing the best coins do not make ICO, see stellar strategy in 2014 they only share free coins to the participants, then the team buys again, this is what makes investors interested in the team.
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October 27, 2019, 01:40:43 PM
 #71

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?

Yes there are several factors that make project successful in the market like you have mentioned financial support,good technical team behind the project who solve issues instantly and improve customer base,good marketing strategy which will attract more investors and more important the project must have a objective to complete or say good product or service to be offered in market.The market conditions must be in favour of the company to run it in the market otherwise they will suffer loss.
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October 27, 2019, 01:52:21 PM
 #72

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?


If you have a good +1 platform,
And you must have financial support because you need it for listing your coin in exchanges. And of course you choose a stable exchange so that the coin has a better exposure. Similar to Binance, Houbi, Kucoin, Bittrex and many more.
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October 27, 2019, 01:56:00 PM
 #73

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 projects today do not match what you say, that technical and marketing support is certainly a top priority for ico to succeed. so many investors are interested in investing their money in capital. but right now there are many projects that only make capital and do not intend to develop, only looking for profits as soon as possible. don't want to know the continuation of the project after ico has passed.

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October 27, 2019, 02:01:52 PM
 #74

More financial reserves will indeed make the project last longer. but Sales of tokens must also be in accordance with the target and roadmap. Marketing is very important and must be considered. If there are large financial reserves, but the sale of tokens is not successful enough, then the project will not last. Marketing and sales strategies become the main thing, as IEO is done on a large exchange that promises greater project success.

 
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October 27, 2019, 02:19:46 PM
 #75

The thing that kills most projects is developers cashing out too quickly. If developers don't have enough faith to hold the coins, why should anyone else hold them (or buy them)?

If you look at the coins that have lasted - bitcoin, litecoin, ethereum, the lead developers didn't cash out till the five year mark. I think the Litecoin founder cashed out in 2017, which was about five years after the project launched. Cashing out within a year kills the project.

 
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October 27, 2019, 02:20:44 PM
 #76

Of course, a strong strategy for evaluating every worst possibility. In short, we call it plan B. If the market capacity is low, then the price will be difficult to increase, the solution is to make a strong product with a real function, so investors trust and believe in supporting the project, automatically this will form a strong community. If the market capacity is strong, there will be no drama of blaming each other when the price is dumping, especially if only because of the bounty hunter, a strong project should have the right strategy to overcome this, right?

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October 27, 2019, 02:21:34 PM
 #77

I also think like you. This seems to be a phenomenon in the crypto world, where many projects that achieve sales with large numbers. But their tokens do not seem to have the strength or less valuable in the market as they promised during the sale. This sometimes raises questions in my mind. Are the developers less serious about managing their coins in the market?
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October 27, 2019, 02:39:35 PM
 #78

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?

When a project enters the market, it already has the minimum amount of money to function and if it lacks them, then this indicates that the team is not able to spend money properly.






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October 27, 2019, 02:47:12 PM
 #79

yes, the ICO project is a project with financial support from investors. but financial management for the project is also needed in building its success. Strong financial support does not guarantee the success of a crypto project, without managing proper finance. because, too many successful projects using private funds / without ICO. then making rapid growth on the project can make the project last longer. found many great partners. so that the ICO project can be trusted for the future.
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October 27, 2019, 02:48:56 PM
 #80

I also think like you. This seems to be a phenomenon in the crypto world, where many projects that achieve sales with large numbers. But their tokens do not seem to have the strength or less valuable in the market as they promised during the sale. This sometimes raises questions in my mind. Are the developers less serious about managing their coins in the market?
Obviously now the developer just wants ICO to finish quickly and can raise capital. no longer trying to develop the project, but looking for profit for a moment.
even many developers are naughty with the use of tokens so that what happens token can not develop and even worthless anymore. a lot of cheating has been done for this.
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