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Author Topic: What's more important: good marketing or technology?  (Read 124 times)

AishwaryaDas

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What's more important: good marketing or technology?
« on: November 25, 2021, 07:30:22 AM »
What do you think is important for the success of the project: the presence of really good technology or development, or just strong marketing that will create hype around the project? I'm now following an interesting project called CheckDot. They are developing a system which will be used to check any project or coin. It sounds cool, but not to much people know about them yet, although the technology is really useful. And at the same time, many popular projects don't represent anything particularly valuable, such as meme-coins.

So what do you think is more important to a successful project?

CryptoboyRamesh

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  • Re: What's more important: good marketing or technology?
    « Reply #1 on: November 25, 2021, 09:16:11 AM »
    Marketing is a part of business, no matter what business you run. If asked if this is important, it is very important to increase brand awareness of the project. Unfortunately, marketing will be give temporary effect, if marketing is not carried out continuously before the brand is well known. So, this is only capable of creating hype in crypto and then mass actions occur when they feel they have made a profit.

    Technology is at the core of crypto project, it is the product being sold. Before well-known brands sell their brands, they certainly have to sell products. Apple will not be able to sell their brand if they do not have products that have good technology. Technology for long-term processes and the power of the business journey itself. When they are able to provide technology that is viable for public, then slowly this project will grow, of course, by doing marketing.

    In the end, marketing and technology are not to be compared, but both must be done simultaneously.

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    Selino

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    Re: What's more important: good marketing or technology?
    « Reply #2 on: December 02, 2021, 03:17:40 PM »
    This is not to say that one thing is important for the success of the project: the presence of good technologies or developments or strong marketing. These factors are components of any successful project, which also include the presence of a professional team, and the selected project development strategy, as well as other factors.
    I am still considering the possibility of investing in the Muzicoin.io project, which I like. Muzicoin is a technology created for the development of the global phonographic market, with the concept of distributing cryptocurrency rewards through music and interactivity on the Muzi platform. The IEO of this project is held on the Coinsbit exchange until December 10.

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    Re: What's more important: good marketing or technology?
    « Reply #3 on: December 02, 2021, 06:00:19 PM »
    I think both are equally important for a product to be truly successful in the long term.

     

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