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Author Topic: What should be done for the new project?  (Read 4012 times)

Offline Nostoman

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What should be done for the new project?
« on: November 17, 2020, 07:32:13 AM »
If you can do a project website and other ancillary work. Then in the market you are known as a developer. But I think how much money is spent on website development? How much does it cost to generate tokens again? In other words, if you know about the new purpose of any project in the market, first of all, what amount of budget is needed for that project. What kind of work needs to be done to implement a project. Initially these are what you keep saying. Give your valuable feedback can be useful to many including me. So you have to think and submit your opinion.

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What should be done for the new project?
« on: November 17, 2020, 07:32:13 AM »

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Offline MrSpasybo

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Re: What should be done for the new project?
« Reply #1 on: November 17, 2020, 09:14:35 AM »
I know that being able to promote a real crypto project takes a lot of work, here's what I know from some ICO projects:
+ Create professional wesbite: 2000 USD
+ Generate ERC-20 token: 500 USD
+ Write WhitePaper: 1000 USD
+ Hire advisors: 1000-10000 USD/advisor
+ Hire bounty manager: 5000-10000 USD
+ Hire a manager for social media accounts: 1000-5000 USD
+ Organizing seminars for investors: 20000-50000 USD
+ Rent articles on crypto sites: 1000 USD
+ Promotion on national television: 5000 USD
« Last Edit: November 17, 2020, 09:22:56 AM by MrSpasybo »
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Re: What should be done for the new project?
« Reply #2 on: November 18, 2020, 11:48:35 PM »
There should be a complex thing to do in a new crypto project. But at least you should think about how to make the project can be run first. Get a good team and have enough funds for some initial programs to do. You also need to have sponsorship, then it may have a big role to support the project.
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Re: What should be done for the new project?
« Reply #3 on: November 19, 2020, 01:51:52 AM »
There are three things that must be done for a new project,
First, the new project must have a clear concept and unique ideas, this will attract many investors to glance at your project,
second, build a team that has extraordinary experience, a professional team is needed so that the project has a development every week,
third, do the marketing quickly, precisely and thoroughly, meaning that marketing that is done must have clear objectives, time and effectiveness so that many people know about your project.

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Re: What should be done for the new project?
« Reply #4 on: November 19, 2020, 05:28:01 AM »
making a new project is not an easy thing, you have to spend a lot of money to be able to make a real project, you need someone who is able to help you promote your website, design, create your token and make articles is also very necessary to make it easier for you to attract many investors to invest in display The web must have a high value to be able to look even better. Of course, you need to prepare the $ 12000 dollar bill for your preparation.
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Offline Delgboke

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Re: What should be done for the new project?
« Reply #5 on: November 19, 2020, 07:18:13 AM »
Starting a new crypto project requires money, boards of trustees which is the projects team and firstly you must be sure that ready to accept any challenges that may occure on the proccess of developing the new crypto projects so that it will not be abandoned have way.
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Re: What should be done for the new project?
« Reply #6 on: November 19, 2020, 10:29:45 AM »
@MrSpasybo has detailed the price already, I'm not very smart to know how much it will cost but it will obviously be a lot. the important thing is the money is used as effectively as possible
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Re: What should be done for the new project?
« Reply #6 on: November 19, 2020, 10:29:45 AM »


Offline Black ID

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Re: What should be done for the new project?
« Reply #7 on: November 19, 2020, 12:43:11 PM »
because I have never been directly involved and also a developer in a project, it will be difficult for me to estimate the price or income range. And I feel that this matter must be answered by an expert. Maybe I will also listen to the best answers so that it can be additional information and also new knowledge for me in crypto.
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Offline dragononcrypto

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Re: What should be done for the new project?
« Reply #8 on: November 19, 2020, 12:50:32 PM »
I know that being able to promote a real crypto project takes a lot of work, here's what I know from some ICO projects:
+ Create professional wesbite: 2000 USD
+ Generate ERC-20 token: 500 USD
+ Write WhitePaper: 1000 USD
+ Hire advisors: 1000-10000 USD/advisor
+ Hire bounty manager: 5000-10000 USD
+ Hire a manager for social media accounts: 1000-5000 USD
+ Organizing seminars for investors: 20000-50000 USD
+ Rent articles on crypto sites: 1000 USD
+ Promotion on national television: 5000 USD

This does appear very expensive to me overall, but it seems true that without investing enough money into creating a quality project then it will only become another shitcoin that fails to perform or gain any attention. I think ICOs can run for a lot cheaper, but probably much less successfully.

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Re: What should be done for the new project?
« Reply #9 on: November 19, 2020, 11:43:00 PM »
There are several ways to be done after new projects:
- Never only focus on money, but focus on developing the projects
- Creating high beneficial community group or channel
- Listing in good exchanges. at least with increasing trading volume
- Monitoring and developing the project so that investors and token holders will not leave the new project so easily

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Re: What should be done for the new project?
« Reply #10 on: November 19, 2020, 11:55:50 PM »
Make a strong team first if you want to have a new crypto project. Don't plan a crypto project only with a single man, it will be very suspicious. I have joined in some project that run by a single person, all of them are failed. We need a strong team that really knows the crypto potential, bro.

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Re: What should be done for the new project?
« Reply #11 on: November 20, 2020, 05:45:18 AM »
Starting a cryptocurrency project can be costing money but as to how much that is not something I am privy into. But I am sure that there are now many platforms or organization offering packaged services to lessen the cost. We know that if a project can be successful then there is big money to be made here most especially if it can be able to be listed in many exchanges and the road map are followed to the full. One can definitely a millionaire many times over with a good project. The ROI here can be so good and that is why this industry attracted so many scammers to try their luck to fool people to trust them and their evil intentions.

Offline Jaguar

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Re: What should be done for the new project?
« Reply #12 on: November 20, 2020, 02:20:55 PM »
Clear concept are:

  • Target
  • Mission
  • Vision
  • Goal
  • Hire the best and right person on their specialty skills
  • Transparency
  • Right budget
  • Then for the last is right and relevant concept
« Last Edit: November 20, 2020, 02:27:35 PM by Jaguar »

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Re: What should be done for the new project?
« Reply #13 on: November 20, 2020, 02:29:41 PM »
So far, I have only participated in the bounty project. Never felt part of the developer. So, I really don't really understand about the budget in making a new project. And in my view the budget is of course a large number.
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Re: What should be done for the new project?
« Reply #14 on: November 20, 2020, 03:09:22 PM »
If you can do a project website and other ancillary work. Then in the market you are known as a developer. But I think how much money is spent on website development? How much does it cost to generate tokens again? In other words, if you know about the new purpose of any project in the market, first of all, what amount of budget is needed for that project. What kind of work needs to be done to implement a project. Initially these are what you keep saying. Give your valuable feedback can be useful to many including me. So you have to think and submit your opinion.
it's quite technical! but I would assume it will cost a lot. many token would do their best to promote their project and sell a lot during fund raising to offset the cost they have initially invested into the project that's why if a project fail during the fundraising the possibility to shutdown is very high.
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