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RE: Discussing cryptotoken best practices

in #protocols8 years ago

I would like to add

  1. A clear solid business plan to the ico. How does the development team plans to build a profitable business. What are the revenue streams, the cost center and the break even points?

  2. Is the project solving a real life business problem? Is it just a dream or are you first building and then locking for problems to solve?

I see a lot of ICO on the market that do not solve a real business problem, are more pipe dreams then real products and probably will burn the raised money faster then a P&D cycle.

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the tech is more important than the business plan at the seed stage.

i actually think that most ico "whitepapers" focus way too much on the business plan. a biz plan doesn't mean anything if you don't build tech that people are going to use.

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