Quote from: virtualinvestor770 on September 28, 2018, 12:19:21 AM

Quote from: Omega Weapon on September 27, 2018, 10:47:57 PM

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.

The need for money is exaggerated in this market, just look at the most successful coin that we have which is bitcoin, how much money did satoshi asked from the community to create bitcoin? He did not ask for any kind of money and yet he created the best coin that we have, so a truly dedicated developer could create a coin with no money if he wanted, but if he wanted to accelerate the process a few million dollars could be enough.

great point, but why are several people saying that it takes so much $$$$$$ just to launch an ICO?

Because they are trying to sell the idea that in order to develop a successful project you need a lot of money, when in fact the only thing that you need to develop a great project is a computer and your ability to code, if your idea was worthwhile I'm sure that many talented people that do not really care about the money will be willing to work in it for free.