Altcoins Talks - Cryptocurrency Forum
Learning & News => Announcements [ANN] => Tokens/Coins Offerings (ICO, IEO, etc.) => Topic started by: Stormyblue on June 20, 2018, 01:42:25 AM
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A project's team is know to greatly influence its success especially when the team is known to be prudent, proactove and experienced. Such a team attracts many investors, bounty hunters and ICO rating sites to take interest in the bounty and ICO. However some projects are developed with private teams or teams who choose to stay anonymous and porjects developed by a community and had no specific team.
Please let's discuss if such projects without known teams can succeed?
Do you know of projects without known teams that succeeded?
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That project will succeed more than a project whose team members are not known. Nowadays because of how people have made so many scam projects I think a known team will really help the project.
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We can't guarantee the success for whether the team members are anonymous or not the success depends to whom supporters to the project. The team should not but must not be lazy in order to earn unbelievable trust from the community. Being active member of the team is one of the ingredients to achieve success.
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Having popular member in an ICO team will one of the best asset to lead the project into success. But a project that has not popular team members still has a chance to success as long as they are not anonymous and they represent a good project.
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A project's team is know to greatly influence its success especially when the team is known to be prudent, proactove and experienced. Such a team attracts many investors, bounty hunters and ICO rating sites to take interest in the bounty and ICO. However some projects are developed with private teams or teams who choose to stay anonymous and porjects developed by a community and had no specific team.
Please let's discuss if such projects without known teams can succeed?
Do you know of projects without known teams that succeeded?
Yes a known developers team is an advantage if they are known they will be afraid on doing fraudulent acts or scammed people.They will take good care of their reputation and the project as well,but lets not take the possibilities that some of the team will prefer to take investors money and it can cause to scam every investors and hunters,thats a very sad truth.
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There's no reason why it wouldn't succeed, but people will have a lot less faith in it initially. Skepticism will hover over the project for sure but if they don't seem shady I think eventually it would be fine. Everyone's gotta start somewhere, remember that.
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I believe the team must be know, because people need to know who they are and trust them, human always judge the things.
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Hmmmm.....team members is one of the basic things investors use to invest or not such that if investors think the project has a very sthong team, they tend to invest. I don't really know why a good team would like to go anonymous. If that will be the case then I think they should explain why they have chosen to go anonymous otherwise I don't see a project succeeding without a known team. Every investor will he afraid to put his or her money into the project
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I do not think it will work for the future, because little for investors to look at projects that are very anonymous let alone no special team
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Actually there are many projects that succeeded at first without team but most of the anonymous projects without team, sadly they run and scam people. So let's very careful of many projects now that you want to invest.
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A project's team is know to greatly influence its success especially when the team is known to be prudent, proactove and experienced. Such a team attracts many investors, bounty hunters and ICO rating sites to take interest in the bounty and ICO. However some projects are developed with private teams or teams who choose to stay anonymous and porjects developed by a community and had no specific team.
Please let's discuss if such projects without known teams can succeed?
Do you know of projects without known teams that succeeded?
Anonymity is one popular thing in the world of crypto. It doesn't matter when a project's team members are not known.
Who knows Satoshi? Yes no one knows him and yet BTC is taking over the market. So it doesn't really matters when it comes to unknown team members.
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Yes but it is always depend on how they make a strategy in the market to convince the investors since in marketing strategy and planning is important.
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Project will succeed more than a project whose team members are not known because of how people have made so many scam projects I think a known team will really help the project.A project that has not popular team members still has a chance to success as long as they are not anonymous and they represent a good project.
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The team that backs a project gives investors the confidence to invest massively into the project because if you have a great idea but the team work is not strong you will possibly not achieve your goals. So yeah a project without a team is likely not to receive enough funds from investors.
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It certainly can succeed but will have to work harder to generate buzz and hype factors.. If you have top people from google, amazon, or microsoft it will make a HUGE difference... but unknown teams can definitely be overcomed, one of the easiest way is to not have an ICO but as a free token like bitcoin or litecoin with no crowdsale.
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Only if the project really good, remember Sitoshi Nakamoto's case, but it will really difficult to gain success without a known team members today
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The project can still succeed even if the team is anonymous but it would take some time because the team would have to prove themselves first so that people would trust them. Every body have to start at some point and even though you can call the team as newbies, they will have an advisor that would guide them and if the project is viable and the team is doing great following their roadmap then eventually they can attract more investors.
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all projects will definitely need a team, because without the project team it will never run or will never succeed, all need the team to succeed.
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Mostly these kinds of projects do not attract investors and are likely to be fake. They mostly don't succeed. I have experienced these before, where pictures of team members were not their real images and just avatars. Their identity unknown and they were not able to even sell half of their tokens.
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I don't think that is possible. Nobody would like to invest in that project.
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Maybe, of course. However, I do not recommend risking and investing money or time in a company where there are other shortcomings besides an unknown team. If there is an opportunity to communicate with the team members - I recommend asking all the questions of interest and, if there is a possibility of a lie, abandon the project! ::) ::) ::)
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I will not think the project can succeed without a competent team. Firstly the investors will not be confidence in investing in this project, additionally the team will not be able to follow their roadmap.
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sure it can.
look at bitcoin
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Bitcoin, no one know about the team.
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I have participated in many ICO projects, and my experience. only projects with good teams that will experience success. but in my opinion, in Cryptocurrency anything can happen. being a project without a good team, also has the opportunity to succeed.
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A project with a good Team isn't necessarily successful, then what if there is a project with an Ugly Team ?! the logic is you must already know.
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in past year i think yes, like bitcoin or nxt, but for nowaday i think its cannot be happen, because solid team is the main reason people decide to invest in a project
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@joankii, I think so too. Projects without this team are like no future. Because generally a project is seen from the team that joins in it. I don't know how the project works well if a project doesn't have a team. That's why I think the team in this project is very important.
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i personnally will not want to invest in a project without ab known team because even with a known tearm projecT investors are scam come to think of a project without a team is dangerous.
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Most likely. Successful projects are usually the result of careful planning and the talent and collaboration of a project's team members.
It really doesn't necessarily have to be a "known team" but a team that has a high level of commitment to achieving the common objective - and that is to successfully bring about a positive result.
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A famous team is very important. But what's more important is the fact that even if the team isn't famous, as long as they deliver their promised product they can succeed.
Marketing is the key here. You can have a great product but no marketing. That is a fail. You have to market your product efficiently.
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Investors are now looking for team composition before they invest because they are tired on who they will run too and if the team are indeed capable based on their resume, so a project that has a good team will have a good chance to succeed.
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in my opinion we cannot identify success projects from the team but we can see from the number of tokens that have been sold from the total tokens sold from there we know the project is successful or not
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in my opinion we cannot identify success projects from the team but we can see from the number of tokens that have been sold from the total tokens sold from there we know the project is successful or not
Im not agree with you, succes cannot be measure by how many money they get from selling, but how far the team developing that project, in past months many project that very success selling thier coin/token but cannot developing thier project because they dont know how to developing it
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in my opinion we cannot identify success projects from the team but we can see from the number of tokens that have been sold from the total tokens sold from there we know the project is successful or not
Im not agree with you, succes cannot be measure by how many money they get from selling, but how far the team developing that project, in past months many project that very success selling thier coin/token but cannot developing thier project because they dont know how to developing it
I agree it's about the development and whether the team can execute a roadmap effectively. Without a strong team, a great idea will only go to waste.
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Success lies precisely in an idea, and not in the one who will realize it. Let's take Apple as an example, its creators, too, formely were simple boys who succeeded in realizing their ideas.
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team why we called team because we assume each member knows each other ,success of team is collaboration of each of member in team.a strong team can executes good ideas have a change to succeed
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The success of any project is not determined by the team's visibility but by their ability to push the project through.
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They can easily succeed with a good mentor or advisors because training is a very important part of success. Something like that checkgain.com (https://checkgain.com/non-chexsystems-banks/).
All successful ICOs are composed of professionals who are dedicated in the project and have knowledge and experience needed to launch an ICO.
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Yes, of course, I saw several similar companies, the team of which was very young and did not have well-known consultants, but still it achieved its goal, because the project was a good product.
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A team with a good background greatly facilitates the process of a successful ICO . But without a team - it's possible! After all, when any team starts its first project. Therefore, without the fame of the ico team, it can go into the green zone. The main thing is the idea, concept and implementation of the platform from a technical point of view for the convenience of the end customer
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In other to get investors, the project needs to have the well know work team that has brought lots of other projects successful. Team members that has had successful projects influence investors into a project, but projects with anonymous team, it makes investors feel not being assured of safety of his/her investment.
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A project's team is know to greatly influence its success especially when the team is known to be prudent, proactove and experienced. Such a team attracts many investors, bounty hunters and ICO rating sites to take interest in the bounty and ICO. However some projects are developed with private teams or teams who choose to stay anonymous and porjects developed by a community and had no specific team.
Please let's discuss if such projects without known teams can succeed?
Do you know of projects without known teams that succeeded?
With high number of ICO fraud around now, i think it is going to struggle if it requires fund from investor.
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For this ICO market i think it is hard to be successful with unknown team and if you are with unknown and are to work really hard then.
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I believe that the team is an important factor, eg. in the venture capital industry it is extremely relevant and will be audited.
But you cannot do that in ICOs. The linkedin accounts may be fake, the information and experts as well.
Therefore i would not focus on the team but instead on the usefulness of the product. If the product is bad a good team could change that but the team does not have an incentive to do so if the company raised hundreds of millions.
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I have not seen any project without team or whitepaper being indicated, except that such project perhaps scam, might have fake team and plagiarised whitepaper and we have lits of them these days. Which means part of the things we need to research when dealing with any project is the team.
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I don't quite understand what a "known team" is. There are so many projects getting launched around the world every day. Living in, say, Austria, I wouldn't have a clue of the teams in Singapore, Germany, Switzerland or Ukraine. Each team is known to a specific community and geographically dependent. So yes, my view is that a project can be successful without a known team. Apart from that, there are so many factors that have a direct impact on the success, such as a properly written whitepaper with the product described in detail, consistent development of the product (road map), business model and tokenomics, legal side of all that (jurisdiction and regulations). I think the best way to decide on a future of a project is to do a thorough analysis and research.
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A project's team is know to greatly influence its success especially when the team is known to be prudent, proactove and experienced. Such a team attracts many investors, bounty hunters and ICO rating sites to take interest in the bounty and ICO. However some projects are developed with private teams or teams who choose to stay anonymous and porjects developed by a community and had no specific team.
Please let's discuss if such projects without known teams can succeed?
Do you know of projects without known teams that succeeded?
As long as the team development keep on active to their projects it makes incourage to we bounty hunters to support more to their projects. Many investors will joined and makes their project continue to success.
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A project without a team can be popular, the main thing is that the idea itself is innovative and that a large number of people want to use it. Plus will be if the Creator will show his face! And team can be hire!
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Active github repos are a great indicator. But be sure to look at the commits! If it's just comments and not changes to code, nothing is being done!
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yes a project with an unknown team can survive only if the aim and objectives of the projects are met. once the team is productive and active. the plans are executed when due and the community trusting them in all things. the project will thrive.
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A project without an unknown team can survive if only they can bring in new innovation or something that's totally different in its usecase. For example hydro, the team behind this project was not really know and they kept on building people trust with constant development that's happening around there project there by creating trust amongst it's investors..
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Well, you have proven examples of private teams achieving success like monero.
The thing is that it is not easy to thrive on crypto space these days and a great number of teams are very inexperienced, and in spite of their coding skills or good ideas, they need to be keen running a business. I think it is possible for unknown teams to build a good successfull project, but not as easy as if they include some experienced members.
cheers