I like this project, the concept is very practical and the product is in high demand, just the point to consider is the competition, already many big names are in the market like everex, humaniq and omisego etc with the same slogan. I hope lalaworld will provide the best services and platform to stand out from rest.
Competition is the nature for businesses but it could also give motivation to stand out from competitors and because of this i think LaLa World will offer best services and always think of better ways to satisfy all the users of their platform to prove that they are better in the industry and i know they can.
Yeah right. Competition is normal in every business. That is one of the reason why they need to double their effort for them to survive in competition. It is a matter of how they will handle that scenario in their business.
Before they plan to go and make an ICO , the basic thing to do is to know who is your competitor and what are the things you need to do to compete , since this ICO is new in the services they want to offer. There are many top companies who is successful in giving a services like they offer. Im sure it will be hard for the LALA team , but I still believe because of the team effort and all the supporters it will become successful and in the near future it will compete fairly in top companies .
I agree with your opinion.
before planning to go and make the ICO, we must know who our competitors and things what will be done when competing, due to compete in the event that the business is not an easy one.
easy-easy project will run well and achieve success.
We also need to think about the customer , how can it help the customer who can avail this kind of product. This is not only about the competition its also about customer. I mean why companies make a services ? Its because they want to give and help the customer, it much better if they focus on making improvement to their product so that it can attract more investors and customer who can avail their services.