Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: Domithra on December 04, 2018, 01:46:28 AM
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A lot of factors come to play for a project to be success. Funds play a key role but that is not the only player. Before a project becomes successful, it must possess well experienced team with advisors and marketers capable of taking the product to the people and drawing more investors to patronize it. Also, the product or idea must be one which is in demand especially on daily basis because investors must be sure that the project can survive for a very long time. Building a strong and supportive community is one of the key players. Supportive community do not dump the coin but rather create more awareness to grow the demand and value of the coin.
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if every project and ICO are based on what you provide, I can guarantee the success of most newcomers, but who need to remember that they have to compete with so many projects and ICOs who also want to win the user's trust, therefore service is the main
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Enough funds, quality team, strong product, and community support must all be present for a project to be successful. If there's one missing on that list, then that project is going to fall.
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Capital plays a key role but it is not the only player. Before a project becomes successful, it must have an experienced team of advisors and marketers who are able to bring products to people and attract more investors to finance.
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OP already mentioned everything that's essential to a project. I do not think there is anything more that we can add to that.
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Before a venture ends up fruitful, it must have an accomplished group of guides and advertisers who can convey items to individuals and pull in more financial specialists to fund.