What Makes A Blockchain Project Successful?

puncakbukit (78)in GEMS • 4 years ago

As an advisor to the Columbia University Blockchain Accelerator, I look at a lot of different blockchain projects, and there are two qualities that every successful person has: the best team for a specific project and the right industry at the right time.

I've seen a lot of smart people starting blockchain projects that hit a big brick wall when they launched, not because they didn't do a good job but because the industry they're in will never accept it.

In particular for blockchain projects, I have seen many teams assume they have sufficient blockchain knowledge without a C level expert (they don't) or assume that because they are blockchain experts, they can disrupt their chosen industry with waves of magic wands (they can't) .

You haven't missed the blockchain wave, so if you have the right team for your project and the right industry at the right time to turn attention, your success can follow.

Source:

What Makes A Blockchain Project Successful?

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