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Author Topic: The success of the project depends on the project developer himself!  (Read 298 times)
Awaklara (OP)
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December 11, 2020, 04:27:02 PM
 #1

The ICO craze has enabled a lot of these developers to just march out on their own and start coding, make a website, answer telegram questions etc etc, all the while thinking that they are doing something truly unique. They forget that at the end it is a business and they need a product. A product needs marketing, advertisement and all that shit. Yet, the problem with most of these so-called undervalued, good devs is that they all think they are on to something unique. It is impossible for everyone to be a Satoshi or a Bill Gates and make a business from scratch simply on the basis of the novelty and brilliance of their ideas. The echo chambers of their telegram/ Reddit groups makes it all the more easier to fall for this narrative.

They all could do much better only if they used some business sense and actually invested in marketing their product, meeting potential clients and just run an actual business.

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December 11, 2020, 07:58:10 PM
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 #2

The success of a project does not depend on the developer alone mate, if it does, then there will be a lot of successful projects cus I believe no developer wants to start a project and fail on purpose,
The success of a project is tied to Many factors and this factors are all focused on one common goal, "success of the project", if one part does its job well and the other part fail in its duties, there's a chance the project might still end up a failure, and to give you a hint of what I mean, community is very essential to the success of any project just like the developers is.

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December 11, 2020, 08:13:07 PM
 #3

The success of a project does not depend on the developer alone mate, if it does, then there will be a lot of successful projects cus I believe no developer wants to start a project and fail on purpose,

It is naive to think developers can make successful project alone.
You need marketing, administrators,  public relationships,  someone to write the whitepaper, etc

You need different knowledge from different fields. There is no one man or one profession project.

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December 11, 2020, 09:14:04 PM
 #4

Wwl anything that has to so with crypto comes in phase...I won't say ICO is dead because it my surface next year and dedi aag will just die off or still remain same. I feel ICO will resurface more than ieo but in another dimension that would atteaxtpre investors. Let's wait and see what 2021 will unfold but I feel ICO isn't dead for now
 
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December 11, 2020, 09:15:57 PM
 #5

The ICO craze has enabled a lot of these developers to just march out on their own and start coding, make a website, answer telegram questions etc etc, all the while thinking that they are doing something truly unique. They forget that at the end it is a business and they need a product. A product needs marketing, advertisement and all that shit. Yet, the problem with most of these so-called undervalued, good devs is that they all think they are on to something unique. It is impossible for everyone to be a Satoshi or a Bill Gates and make a business from scratch simply on the basis of the novelty and brilliance of their ideas. The echo chambers of their telegram/ Reddit groups makes it all the more easier to fall for this narrative.

They all could do much better only if they used some business sense and actually invested in marketing their product, meeting potential clients and just run an actual business.
I do agree to the fact that after the quality development it is the marketing side that adds big time to the success of a new project. I have seen great quality projects that struggle in the market just because of low or no marketing, sometimes the marketing is not targetted as it should be so a marketing strategy should be deployed. As we have seen that crypto market is sensitive and volatile and it can quickly provide the much needed hype and fomo that can result in huge demand and value gain.

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December 12, 2020, 03:29:09 AM
 #6

Your title and the content of your post contradicts themselves because you're saying that "The success of the project depends on the project developer himself!" but contradicted it by saying "They forget that at the end it is a business and they need a product" which doesn't really depend on the developers, in fact, this section isn't being handled by the developers, it's being handled by different departments of the project team.
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December 12, 2020, 03:51:27 AM
 #7

Your title and the content of your post contradicts themselves because you're saying that "The success of the project depends on the project developer himself!" but contradicted it by saying "They forget that at the end it is a business and they need a product" which doesn't really depend on the developers, in fact, this section isn't being handled by the developers, it's being handled by different departments of the project team.
Who will create a product if it's not the developer itself? All of the components in the project started from the team as the main resource to build the project. The team itself will determine where the project will be going on and what product they will be created. I think that the word of developers already included in all of the components in the team.

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December 12, 2020, 04:55:21 AM
 #8

As per my understanding any project can be made successful if a team is properly coordinating the project and have a unique product. A developer is the person responsible for creating, maintaining and upgradation of the project. He also needs a team of professionals who can market it, manage it and create awareness about it. I have been part of some unsuccessful ans successful project and the only thing that make a project successful it the coordination between teams. So, blaming only the developer for the downfall of a particular does not make any sense.

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December 12, 2020, 05:58:20 AM
 #9

There are many factors that can make a project successful, not only developers, there need good promotions to, and in my opinion what is no less important is whether the product being offered is something useful and really needed in the real world.

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RussianEnglishTranslation
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December 12, 2020, 06:01:24 AM
 #10

The ICO craze has enabled a lot of these developers to just march out on their own and start coding, make a website, answer telegram questions etc etc, all the while thinking that they are doing something truly unique. They forget that at the end it is a business and they need a product. A product needs marketing, advertisement and all that shit. Yet, the problem with most of these so-called undervalued, good devs is that they all think they are on to something unique. It is impossible for everyone to be a Satoshi or a Bill Gates and make a business from scratch simply on the basis of the novelty and brilliance of their ideas. The echo chambers of their telegram/ Reddit groups makes it all the more easier to fall for this narrative.

They all could do much better only if they used some business sense and actually invested in marketing their product, meeting potential clients and just run an actual business.

It takes more than good technology to start a cryptocurrency project, you also need a good community, good leadership, a use case that can produce profit, and good tokenomics. Most projects don't make it because they failed at one of the for-mentioned points, or were just a money grab from the start. That's why I invest in POW projects with no dev wallet and no ICO/IEO/Liquidity Event etc., like 0xMR and RVN. Projects that don't raise money and don't control user funds:

A. Cannot dump tokens on investors
B. Cannot exit scam with your funds
C. Have to build something of value to earn income
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December 12, 2020, 06:02:51 AM
 #11

The ICO craze has enabled a lot of these developers to just march out on their own and start coding, make a website, answer telegram questions etc etc, all the while thinking that they are doing something truly unique. They forget that at the end it is a business and they need a product. A product needs marketing, advertisement and all that shit. Yet, the problem with most of these so-called undervalued, good devs is that they all think they are on to something unique. It is impossible for everyone to be a Satoshi or a Bill Gates and make a business from scratch simply on the basis of the novelty and brilliance of their ideas. The echo chambers of their telegram/ Reddit groups makes it all the more easier to fall for this narrative.

They all could do much better only if they used some business sense and actually invested in marketing their product, meeting potential clients and just run an actual business.
Every developers never forget that they are in for business because they are here to make money too even when they have good product to offer, the difference is there is bad business and good business, we have different type of developers in crypto space and all they can give us is promises, there is no way to know which dev will be serious or not that's why many projects have short life span
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December 12, 2020, 06:04:31 AM
 #12

I think there are several factors that determine the success of a project if we are being frank with one another, but if the foundation and basics of a project is wrong, it will not succeed which is why I agree with you that the project developer determines if we have a successful product, token or another token that ends up without any use or value.
The product have to be good enough cos that's what draws investors nearer, I believe that's all that matters for the project to become successful, also the developers must be addictive to the project, the zeal of wanting the project to be successful must be present too.
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December 12, 2020, 06:28:19 AM
 #13

There are several factors affecting the success rate of new project but without any arguement this correct. For a project to be successful in this crypto-industry the developer and its team must be fully equip on every needed aspect that they must need and have in order to perform well in creating a successful project. Project developer must also have an expertise in their field of work especially in the crypto-industry to compete with other potential new project and for them to have a successful project itself.

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December 12, 2020, 06:30:43 AM
 #14

I don't accept your point completely OP, if a new project have a new solid utility or product and lacks professional developers there will be a problem, if a new project have good use case but have less funds for development there will be a problem, good use case isn't the only thing needed for a project to be successful, there is more

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December 12, 2020, 06:55:08 AM
 #15

The success of a project does not depend on the developer alone mate, if it does, then there will be a lot of successful projects cus I believe no developer wants to start a project and fail on purpose,
The success of a project is tied to many factors and these factors are all focused on one common goal, "the success of the project" if one part does its job well and the other party fails in its duties, there's a chance the project might still end up a failure, and to give you a hint of what I mean, the community is very essential to the success of any project just like the developers is.

This is a good addition to OPs post. I agree on developers having a major role in the success of the project. Marketing, project development, etc. but there are smaller factors to this, investors or their community plays a huge part as well, if they only see a project as a money-making tool, eventually they will leave it without a second thought once they have reached their goal, which is to earn.  Any substantial growth to a projects market price will help the project to develop it further, so if investors leave and the price starts falling everything else follows.
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December 12, 2020, 07:03:59 AM
 #16

I do agree with this, the developer has a big factor in the success of the project. Whether they will have a solid goal and will stand on their goal until the end will be up to them. But aside from the developers, the community is a plus factor, if the project itself has no enough supporters then there is no way that the project will be known by many investors.
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December 12, 2020, 07:10:29 AM
 #17

I think the projects' success will depend on the developer with all teams inside the project, and they need to work hard and make sure that they can reach every phase or goals for their projects. It is not just a single person who works, but it's related to all people involved in the project, and all of them are responsible for making the project succeed. If one of them can not work hard, then the project can fail and it will get a hard time to continue. Many projects failed because there is a lack of communication between each team. Maybe it's because of the misunderstanding between them.

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December 12, 2020, 07:10:39 AM
 #18

Your title and the content of your post contradicts themselves because you're saying that "The success of the project depends on the project developer himself!" but contradicted it by saying "They forget that at the end it is a business and they need a product" which doesn't really depend on the developers, in fact, this section isn't being handled by the developers, it's being handled by different departments of the project team.
Who will create a product if it's not the developer itself? All of the components in the project started from the team as the main resource to build the project. The team itself will determine where the project will be going on and what product they will be created. I think that the word of developers already included in all of the components in the team.

At least all the developers can give enough confidence to build or find someone who has a large community, at least it will help the growth of the project, but in fact, developers rarely have cooperation with large communities, so I agree with the words that successful projects exist. In the developer's hand, if the developer is not generous to the community it is very difficult for the project to grow, but if the developer is royal to the community then it will work well for the project and lead to success in the future ...
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December 12, 2020, 07:13:04 AM
Merited by pealr12 (3)
 #19

The success of a project does not depend on the developer alone mate, if it does, then there will be a lot of successful projects cus I believe no developer wants to start a project and fail on purpose,
The success of a project is tied to Many factors and this factors are all focused on one common goal, "success of the project", if one part does its job well and the other part fail in its duties, there's a chance the project might still end up a failure, and to give you a hint of what I mean, community is very essential to the success of any project just like the developers is.

I disagree on the statement " I believe no developer wants to start a project and fail on purpose" why! Because to me it seems you are including those scammers in the equation,  

Those developers with the intention to succeed will work hard together with the support of their supporters to see the project succeed,
That school of thought does not applies to those scumbags who develop a project solely to scam investors on a short term period,

Developers are of different category, you separate the good from the bad, not making a general statement that will classify all as same, because they are not.

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December 12, 2020, 07:27:29 AM
 #20

The ICO craze has enabled a lot of these developers to just march out on their own and start coding, make a website, answer telegram questions etc etc, all the while thinking that they are doing something truly unique. They forget that at the end it is a business and they need a product. A product needs marketing, advertisement and all that shit. Yet, the problem with most of these so-called undervalued, good devs is that they all think they are on to something unique. It is impossible for everyone to be a Satoshi or a Bill Gates and make a business from scratch simply on the basis of the novelty and brilliance of their ideas. The echo chambers of their telegram/ Reddit groups makes it all the more easier to fall for this narrative.

They all could do much better only if they used some business sense and actually invested in marketing their product, meeting potential clients and just run an actual business.
Mate there are three types of developers in crypto space

1. The qualified ones that have aims of showing what they are made of, they Introduce no nonsense projects and they are ready to push the project to its success
2. The developers who aren't professionals but want to give a try, they can bring anyhow use cases, most times they introduce something that isn't needed in crypto space, this may probably drag them down
3. Developers that are scammers in disguise, they have no other intent but to scam investors, they can also bring attractive projects to make the fooling charm works perfectly on investors, some even find copy cating more easier, just copy the popular project idea and give a different name

If a developer can't come up with own idea he or she shouldn't bring up a blockchain project.

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