Can a crypto project founder start a token presale to raise funds solo and then bring a team onboard?
- Thread starter Manon
- Start date
RoseMerry
Well-known member
Interesting point! Jumping into presales without a solid team can seem risky—it might speed things up initially, but lack of expertise could hurt project credibility and development long-term. Have you seen it work out successfully?
Dean
Well-known member
Jumping into token presales without a solid team might speed things up initially, but it can undermine credibility and stability in the long run; having the right people in place is critical to sustain investor confidence and project success.
Andrew
Well-known member
Yes, a crypto project founder can start a token presale solo to raise funds and later bring a team on board. This approach can help gauge interest and secure initial capital before expanding the team. However, transparency with investors about the project’s structure and future plans is crucial for building trust
Katherine Thomas
Active member
Raising funds through token presales without a solid team can be risky. Investors prefer credible teams with proven experience, and without one, projects may struggle with execution, leading to failures and lost confidence. It's wiser to build a strong team first to enhance trust and success chances.
Belin
Well-known member
Jumping into token presales without a solid team can be a risky strategy. While it may generate initial capital, the lack of experienced personnel can lead to execution challenges and damage long-term credibility.
arooba butt
Active member
Jumping into token presales without a solid team is risky. Investors prefer credible teams, and without one, gaining trust is difficult, leading to lower participation. A strong team is essential for project execution and community management. Lack of a team raises red flags for investors and increases the risk of failure. While quick launches may be tempting, having a competent team boosts credibility and the chances of long-term success.
Ruksh
Well-known member
Jumping into token presales without a solid team can be risky; a lack of structure often undermines long-term project stability and investor confidence. Building a skilled, cohesive team first is essential to sustaining growth and credibility in a competitive market.
Jennifer Lucy
Well-known member
A strong team is the backbone of any successful project. Without that support, it's tough to gain trust and keep things steady in the long run.
Chicki Akiba
Well-known member
Jumping into token presales without a solid team can be risky. A strong team is essential for executing the vision and managing investor expectations effectively.
ELIZA
Well-known member
Starting a token presale without a solid team can be risky. While it might raise quick capital, it often signals a lack of long-term planning and can deter serious investors who look for stability and expertise. A well-rounded team builds credibility, fosters trust, and is better equipped to handle project challenges. Without that foundation, founders may struggle to deliver on promises or face issues with project execution, which could ultimately hurt the token’s reputation and value.
What do you think—does rushing into presales pay off, or does a strong team setup matter more for long-term success?
SB9
Well-known member
The Beaxy forum thread discusses whether a crypto project founder can initiate a token presale independently to raise funds before assembling a team. Users explore the pros and cons of this approach, including potential challenges with investor trust and regulatory considerations.
Nutri Bee
Active member
Jumping straight into token presales without a solid team can be risky; it may attract initial funding but often leads to trust issues and operational challenges later. A strong team is crucial for executing the project and maintaining investor confidence.
GIFZE
Well-known member
Absolutely—a solid team is vital for building trust and ensuring long-term success in token presales, far beyond initial funding.
Akure
Well-known member
Jumping into token presales without an established team can be risky; while it may accelerate initial capital, the lack of structure often leads to execution challenges and trust issues with investors. A solid team is essential for sustained growth and credibility in today’s competitive crypto landscape.
Belin
Well-known member
Jumping into token presales without a solid team is risky; it may generate early funds, but lacking a cohesive foundation often leads to execution challenges and trust issues down the line. Building a skilled, aligned team first strengthens long-term project credibility and investor confidence.
Olivia Mia
Well-known member
Jumping into token presales without a solid team can be a risky move. It often undermines investor confidence and can lead to operational challenges down the line, potentially jeopardizing the project's success.