Quote from: Parodium on September 26, 2018, 09:43:26 AM

Quote from: virtualinvestor770 on September 26, 2018, 09:27:14 AM

Quote from: Radio-Active on September 26, 2018, 02:27:13 AM

Quote from: virtualinvestor770 on September 04, 2018, 09:04:13 PM

Can I crypto company be successful with a min budget during the ICO? For example, can a startup not have funding and successful launch an ICO to include whitepaper, landing page, smart contract if they are knowledgeable? Or is a lot of $$$$$$$ required for everything. I for one thing that the idea and vision is what sells. Especially if the person is transaparent and people buy in the vision. I think word of mouth will travel and people will buy in.

A successful ICO will need huge amount of money to do the marketing promotion. A good marketing can make the coin / token price rise far because it will create awareness to all peoples, and attracting them to contribute in the ICO. Even ICO without products can have a good token price if the strategy running very good.

Bounty programs=marketing promotions

Incorrect, bounty programs are a small fraction of a full marketing effort, if you rely on a bounty programme to market your ICO, then your ICO will almost certainly fail. Show me a successful project from the last 4 months that relied solely on a bounty programme for marketing and succeeded.

Checkout Digitex Futures, Hydro, Bethereum, DFS. Show me where they spent thousands of dollars on marketing. These companies used bounties, direct referrals, and signup bonuses to draw in people and spread the word. I think so many people are stuck in the corporate IPO mindset, when crypto is completely different. If you have an idea that is actually needed on the blockchain and bring decentralization, it will market itself.