New project success

[MrDave]

Well, idk but I really wanna ask this question here, as we all are seeing lots of new alt crypto roaming around the crypto market. what are the factors needed for successful crypto projects, does anyone know?

[Ararbermas]

Well, idk but I really wanna ask this question here, as we all are seeing lots of new alt crypto roaming around the crypto market. what are the factors needed for successful crypto projects, does anyone know?

i believe crypto projects will be successful only if they're genuine and of course has good team behind , because even you have all the things when it comes running a project such as on your whitepaper paper and road map and etc, but you don't have a good team to operate the project surely there's no way you will have successful projects in the space.

Because it's very easy to run a projects nowadays tbh, because you can easily obtain some ideas in other project as well, infact mostly are almost the same except the purpose of the project, for example the design the categories and features, but the problem only is the team behind, why? Because some are not really doing their work.

[TheUltraElite]

Well, idk but I really wanna ask this question here, as we all are seeing lots of new alt crypto roaming around the crypto market. what are the factors needed for successful crypto projects, does anyone know?

There needs to be an intrinsic market making capability for that coin. In other words, this can be from being able to spend your coins to get some advantage over others inside the project being developed, like a utility token. If this is present there will be daily "burn" of certain coins drawing them from the liquid pool of coins and thereby making the coin more scarce. The project owners could use the burnt coins to dilute the market if required again in future.

This comes with the drawback that the owners can manipulate the market, but then hey - you already got bitcoin? Why look for an altcoin unless you have some motive of making money yourself?

What most failed projects do is they hype the marketing and outreach too much than actually developing a working product. All these factors need to be worked on and it is therefore not a piece of cake that any random noob can do.

[VRExpress]

Any project can be successful, even those with very low-quality use cases but the most important factor of success in every crypto project is the team, how experienced are they? What are they planning to come up with? If they fall due to a mistake are they ready to get back up on their feet? We can never know how serious a project team are that's why crypto investment is a high risk investment.

[ultrloa]

Well, idk but I really wanna ask this question here, as we all are seeing lots of new alt crypto roaming around the crypto market. what are the factors needed for successful crypto projects, does anyone know?

HYPE all project need this because if they didn't catch the attention of the investors then they most likely failed. And to gain that most project owner throw a lot of money on marketing so that their launching like token sales or whatever their intention will spread like wildfire to majority of crypto users.

So if you see someone succeed because they are really put some effort on marketing and those who failed are to lousy for executing it correctly.

[sunsilk]

Well, idk but I really wanna ask this question here, as we all are seeing lots of new alt crypto roaming around the crypto market. what are the factors needed for successful crypto projects, does anyone know?

It's the use case, if they have the utility, volume, liquidity and the market cap.

These are the few factors IMO that are needed for one to become successful. Add to it the marketing as well of the project, if there's no marketing even if the project is good, it won't be known.

But sadly, there are bad projects that are good in marketing and they've been known because of it and that became their gateway to success.

[bittraffic]

Any project can be successful, even those with very low-quality use cases but the most important factor of success in every crypto project is the team, how experienced are they? What are they planning to come up with? If they fall due to a mistake are they ready to get back up on their feet? We can never know how serious a project team are that's why crypto investment is a high risk investment.

The low quality use case tokens you are saying is going to die when the bear market arrives. Its usually the solid project supported by big community that will survive. This is why some crypto project is do their best to have a community in forums, telegram and social media accounts because it helps the market when there are investors getting the trading volume up. The most important of all the use case of the token because its what investors see if there will be demand for it.

[gurunanakji777]

A team that has a burning desire to get success. An active dev, Concept of the project with goals, Active social media Acs, Good Marketing strategy with clear-cut plans to implement the whitepaper in a given time frame. The team should not be anonymous, Still, we can not exactly predict the success of any project and this is the fact of the crypto market.

[cloudfir3e]

the success of new projects does not go unnoticed by this good project and teamwork to avoid failed projects HYPE is also important to attract investors to support success

[Jackl87]

Well, idk but I really wanna ask this question here, as we all are seeing lots of new alt crypto roaming around the crypto market. what are the factors needed for successful crypto projects, does anyone know?

In my opinion the most important factors in order to have not only a successful project launch but also a successful project in the longterm are a well explained roadmap with goals that make sense and that are achievable and not completely unrealistic, a competent and motivated team that is engaging directly with the community regularly, tokenomics that are fair to everyone and that are not having 30% of all tokens reserved for the teams and advisors and of course a usecase that makes sense and servers a real purpose.
Still in some cases all those points are not enough as the crypto market is still driven by hype for a large part so you also need a big of luck to have the right timing.

[danherbias07]

These kinds of questions are the ones without 100 percent assurance of an answer.
I have seen and invested with new NFT projects that look promising but didn't end up good midway through their management. Sometimes it goes wrong on their road and not in their startup.
The team is honest, the features look profitable to both investors and the team but the whales could wreck it if they see opportunities of getting out with profits short-term.
IMO, every new project now is a high-risk investment. Just don't expect too much and you might find a gem.

[uelque]

Well, idk but I really wanna ask this question here, as we all are seeing lots of new alt crypto roaming around the crypto market. what are the factors needed for successful crypto projects, does anyone know?

The success of a project will be based on the team and how they execute a certain tasks. Like for example, wise marketing, user interaction to their website, and everything that will make investors feel satisfied about their project. And then from that, they should make sure that they have a clear roadmap and that everything that was listed there are being done on time. Transparency and a unique usecase is not enough to make the project successful, it needs a wise team behind. So if ever you are looking for projects that has the potential to become successful, try to evaluate the team behind and how they execute thier plans, plus it should be offering a unique world scale solution. By doing so, you can make sure your funds is in the right place.

[makishart]

what are the factors needed for successful crypto projects, does anyone know?

Will try to mention some as the keys for the successful of project.

- Professional team members
- So many big backers (i.e VC, Investors or many more)
- Launched through the trusted launchpad.
- Big hype
- Good product or at least MVP


These things are very important things to make the project become successful. As you can see that when you are seeing so many successful project and it will always be backed by the big platform.

[gantez]

The success of a good project does not fall beyond what investors are looking for. The question is to also mean that what are investors looking at in a project before investing. So I believe investors doing the research will look at the team for the project, the exchange listing of the project, the purpose satisfying by the project, the supply and many more but there is no guarantee to this for success. Take your risk but don't go for risk too much for you, invest to what you can manage in losses.

[Ezravdb]

Well, idk but I really wanna ask this question here, as we all are seeing lots of new alt crypto roaming around the crypto market. what are the factors needed for successful crypto projects, does anyone know?

The factors needed by a new crypto to be successful are a strong partner and also a concept that is really clear and useful for everyone so that the potential for the success of the product they will launch is greater because of the many positive responses from investors and other crypto activists.

[wildan88]

It depends on what is your definition of success, success in achieving a certain price? For me it is the use of the project or what the projects aim to solved and if you think the project does solve the problem they are aiming to solve then that was a successful project already, after that I look at what happened next such as how they are going to promote it, ask investors, partnerships and listing.

[WalkerIVIV]

It's hard to know that. Sometimes the key of factor that makes the project being the successful projects were always getting changed anytime started from the who backed the project, who is the team, how the development of project, what was the result of project and many more questions that can be asked to know which thing that makes it being a successful project.
As far as i know that if all of the successful project was coming from the hype product. This means the product has so many users and big parties are coming to make this product became massive and used by bunch of people like play to earn game.

[marcous]

the success of new projects does not go unnoticed by this good project and teamwork to avoid failed projects HYPE is also important to attract investors to support success

However, hype does not always work very well for new projects because hype is only needed for a moment which can then disappear over time in new projects, as in the example of Shiba Inu, for example, which was hype in the past, but for now it is no longer hype.

[LogitechMouse]

Well, idk but I really wanna ask this question here, as we all are seeing lots of new alt crypto roaming around the crypto market. what are the factors needed for successful crypto projects, does anyone know?

There are many factors in order for a project to be successful but these are the 2 of the top factors that I'm using whenever I want to invest into a certain project.

1. Use case - What will be the use case of the coin? What will be the benefits of the holders of the coin? Where will be the coin be used? Will it help the people in some ways? Use case for me is very important because if you will see some of the top coins right now have a use case like BNB for example where you can use their token to reduce the fees and some staking coins where you can earn rewards just by holding the coin though it isn't the only use case of these staking coins.

2. Community - These for me is the top priority when it comes to the success of the project. If people see the project as a good one, many people will join and invest into it and vice-versa. Though having a huge community isn't an automatic success, most of the time a project becomes successful whenever it has many supporters or in this case investors unto the project.

[Ten98]

A team that has a burning desire to get success. An active dev, Concept of the project with goals, Active social media Acs, Good Marketing strategy with clear-cut plans to implement the whitepaper in a given time frame. The team should not be anonymous, Still, we can not exactly predict the success of any project and this is the fact of the crypto market.

What you say is the basis for all new projects in terms of success because without the things you say, I think every new project will also have a hard time getting to success so in this case I agree with what you say, because it is clear that this is the basic thing that must be completed by the project team.