I will be speaking in terms of Elastic price. As someone said "people are more willing to pay for expectations", than for a ready product, because it gives an opportunity for future profits.
If we release a fully ready product, the initial price will be very high, which is, of course, very good for early donators, but is it good for newcomers?
So cons releasing just a Lite client at the moment:
- low price at the beginning (but constantly rising when new features are coming); //"Waves" is a good example. They had only a LiteClient for a ~year, so the price fell almost x2 times below ICO once. Now, when they released token creation, decentralized exchange, Leased PoS, - features expected as an MVP - the price rose x2,5 times the ICO.
Pros:
- good chance to come in for new investors, developers, exchanges; //This is important. If big exchanges like Bittrex or Poloniex will have a chance to buy a stake early for a low price, Elastic will be most probably listed on them
- great trade volume // This will also attract big exchanges
- ability to create a foundation and attract more devs, bug hunters (like HunterMinerCrafter).
Releasing an MVP will give a higher price and won't be so attractive for newcomers as releasing a LiteClient, IMO.
An MVP as the name implies means that there will be more features and functionalities released later on to give a fully featured working product - I believe that this should be the minimal starting position for xel when launched. In regard to attracting more people to the project, I have no doubt that many will join especially if we show that we have a working product with more innovation and features to come instead of being just another coin with no viable substance.
Regarding people not joining if the price of the market of xel is high - i think this is complete nonsense, this project will attract 1000 times more attention if we launch with some meaningful meat on the bone and not just a promise. Investors will invest (especially if we show we already deliver something but aim to deliver even more) and devs seeing the potential and wanting to join will flock.