Success factors of a project

[InwardContour]

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 points mentioned like technical support, good marketing and financial backup are all required for a successful project, but all these will be a waste of time  if the team doesn't have the right strategies and vision to achieve the project aim. Sometimes even with the good team, they can't actually kick-start the project when the funds raised during token sale is not sufficient. Also, proper fund management is a requisite for a successful project. If team members mismanage funds generated during token sale, the project is obviously going to fail. For instance, a project which spends ambiguous amount on paying influencers to create hype around the project, allocating more funds to marketing than actual project development is likely to fail in the long run.

[Pelunize12]

someone has created a thread 'bout this, it can be used for your considering before choosing a project, How to choose a good project to invest
i add one thing to be considered to choose, but thats not internal factor but eksternal factor

+1, market condition, we all know in the 2018 ago. no matter how coin you invest in or you hold

if the market condition is bearish, it would be down too. so, we are better to wait in bullish market

because it can ease the project (even shit project) to be better in price case

[bvg96634]

I agree with you, but there are too many success factors of a project. I think that a good team, financial support and a good idea are the most important factors. However, there are many more factors that influence the project.

[Prompyboo]

Of course, I agree that in order for the project to develop, it needs money, but if the project is really good and many professionals are working on it, they can find money anytime

[Kambal2000]

I agree with you, but there are too many success factors of a project. I think that a good team, financial support and a good idea are the most important factors. However, there are many more factors that influence the project.

There's a lot of projects who has a great vision too , but one thing that I really don't like if that if they are relying all funds to their investors and they can't even invest on their own pocket, I really don't like this kind of strategy, so no matter how beautiful the platform is, still I am losing confidence over it.

[enhu]

Reason why most of the projects done last year and this year were exchanges is so that the team can earn while they also develop the platform. Cash flows continue while the exchange is running, sadly this doesn't happen in news exchanges because they didn't build trust.

ZRcoin did a good job really that they establish the facility to do business and can run on their own not dependent to the developers of the project but to the business itself. More investors coming after it.

[Bonenx14]

Of course, I agree that in order for the project to develop, it needs money, but if the project is really good and many professionals are working on it, they can find money anytime

if the project development is done professionally I am also sure that there will be a lot of funds coming, but there are some projects that only seek funding without doing their work professionally which ends at the investor's loss. development must be professional when building projects and be active in community outreach

[jets567]

Having a financial support to sustain the project developments is a good thing but spending it wisely is what matter most because I've seen a lot of projects who have enough funds to run their project but failed to progress well especially during the bear market. Any project who wants to enter in crypto must be prepared, knowledgeable and always have a back up plans in order to survive.

[dainoran]

My opinion, having financial support, marketing strategies, and technical support, if all goes well and according to the road map the project will run successfully.

[Backupnime]

as i can see new project are coming with th same idea and concept but it's just packed with different sentences.
now newcomer project are popular is like exchange, lending, payment, and other industry are have the same concept

[red4slash]

My opinion, having financial support, marketing strategies, and technical support, if all goes well and according to the road map the project will run successfully.

sometimes the obstacles that make developers not work optimally, especially inhibition of the funds obtained at the time of sale. but if an important factor has been obtained I am sure the project will be able to compete in the market if the team can properly manage management

[Cnut237]

Always do as much research as possible before considering buying into a new project. But the fundamentals are a) what is their use-case? and b) how likely are they to succeed?
Of course these each bring further questions such as competitors, potential obstacles, team, track record, and so on - but the basis underlying everything is what are they trying to do, and can they do it.
It is easier to spot something that will fail than something that will succeed. As you do your research, you can come across any number of question marks, omissions/misdirection and red flags... but you may not find any, and that isn't of course a guarantee of success.

[forexandcryptoauditor]

Now a days, people are loosing confidence in crypto markets due to so many scams around. We need a complete developed project on which people can trust. This will assure investors about their investment.

[Alluro]

Financial support is one of main thing to a project but it's not enough to reach the crypto market. Because there are so many projects in the crypto market. First of all the project need a well-experienced development team to continue the future updates. The next thing is marking, if you have a good project without good marketing is useless. Because the project needs to get users attention and build their community. The community is one of an important thing to be a success. 

[albrots]

Financial support is indeed very important for the advancement of the altcoin project, but not only financial factors, good and appropriate marketing will make the project better known by potential investors. For example just by holding a Bounty and Melisting IEO on a large Exchange with high credibility. Then the Project will be liked a lot and investors come to invest the money. And the last thing is needed a solid team and the development of a project that is ripe and ready for use.

[cichaescut]

A working product,  that can compete with existing centralised analogs is extremely important for a new project. Moreover, a competent, wise and not a greedy team is even more important to keep the project stable and developing.

[darkangel11]

Financial support is one of main thing to a project but it's not enough to reach the crypto market. Because there are so many projects in the crypto market. First of all the project need a well-experienced development team to continue the future updates. The next thing is marking, if you have a good project without good marketing is useless. Because the project needs to get users attention and build their community. The community is one of an important thing to be a success. 

You need to have a lot of money to begin with but even if you do and the project is bad you will keep bleeding money until it's all gone.
The most important part of the project is the idea itself. A good idea will survive even when you don't have a lot of money to promote it and you don't promise wonders.
The second most important factor is the team itself. Teams that work hard succeed. Those that are focused on the money fail.

[cutesgirl]

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?

Why many project do not success after listing on exchange market today? when first time ICO knowing to the public many people get profit with success of ICO investing but why today almost ICO dead? almost reason why ICO dead because they can't give higher price after coin listed on exchange market, price always lower than ICO price and never listed with higher than ICO, Listed on shit exchange market make many ICO scam and failed after listing.

[AliMan]

Financial support is indeed very important for the advancement of the altcoin project, but not only financial factors, good and appropriate marketing will make the project better known by potential investors. For example just by holding a Bounty and Melisting IEO on a large Exchange with high credibility. Then the Project will be liked a lot and investors come to invest the money. And the last thing is needed a solid team and the development of a project that is ripe and ready for use.

We need a strong community first prior that project will be listed on popular exchange market. That principle of aiming for successful ICO should pass all those qualities in order to achieve a promising asset to compete the raging popularity of other crypto coins. This will encourage future holders maintain a strong foundations of their coins, establishing confidentiality and making sure that their holdings will be safer before it reaches at profitable price.

[silversurfer1958]

I have observed a lot of career projects, I think that an important factor is investment capital and community.
As you can see, projects with back end support funds and good partners will make its opening better and more popular.
such as Bitsdaq, BTT, Matic, ...
You can refer to their previous ICO documents for more information.