Post
Topic
Board Altcoin Discussion
Re: New project success
by
carlisle1
on 17/06/2022, 06:54:33 UTC
Well, idk but I really wanna ask this question here, as we all are seeing lots of new alt crypto roaming around the crypto market. what are the factors needed for successful crypto projects, does anyone know?

In my opinion, the main factor is community. The team must make a strong project with a good concept. For example, one NFT project "reptile chronicles" has so deep and unique lore. They are making really good content for their community. I read their novels and I was impressed. The project reminds me of a vibe of The Skyrim and Lord of the Rings.
.


Yes, a strong community will make the project successful, like most coin memes that continue to survive and appear, some die but there are still many who survive because of a strong community, they make social media like Twitter, Facebook, Group Telegram, Discord and so on To convince investors that the project is serious and promising.

With good support from the community project can progress the way it was projected, I'm sure both community and the developing

team are the factors that will allow the coin to succeed and continue to established long-term usages, it's not easy but very doable

if the team are really serious to the point that they are willing to shoulder those early expenses to prove to everyone that they

are serious and not just aiming for a quick ride and die.