Road map and it importance in the cryptocurrency world
There is this my friend that I introduced into cryptocurrency, why I was trying to enlighten him about a cryptocurrency project he told me that he is interested in the road map of the project so that he can be able to knows what the cryptocurrency project is all about before he will invest his cash into such project. I was shocked and surprised how he managed to knows about road map of a cryptocurrency project. I was shocked because he is a newbie.
I went further by asking him how he managed to knows about road map of a cryptocurrency project and he laughed. He told me even though he is a newbie, he knows a project is suppose to have something like guide which they will be working with. A project with road map will help to get those interested in their project what they should be expecting and how they should be expecting it. This is why a project with a good road map will end up attracting more investors to their cryptocurrency project easily when being compared to other project which does not have an attractive road map.
Everybody wants a situation where what they are expecting should be spelt out so that they will knows how the team is progressing instead of doing a blind business without knowing what they are expecting up next after the package they are running runs out. As for me I always look out for the road map in any cryptocurrency project before I even thinks of keying into it. I don't want to be a blind man who doesn't knows what I am doing. This is very vital, it will help you and your fund deep along the line. Don't go and throw your fund into a system without seriousness. If you do that, it might be an end to your fund. Once again you should knows what you are doing before you get hurt in the cryptocurrency ecosystem.
I remembered when I joined cryptocurrency in the year 2017, the first thing that I was thought to do is to make sure that I visited the road map of any cryptocurrency project or if I can't sees it I should make sure that I ask the support team in charge to show me the project road map. I was warned to never in any way joke with this if not I will for sure fall for a system that is not serious at all. The person that introduced me into cryptoccurrency told me he had experience because he falled countless time for a project with no future or plan because he never understand what road map is all about when it comes to cryptocurrency when he joined.
It is because of this primary reason that he is warning me severely so that I don't fall into such category too. As a wise person I thanked him and took his advise seriously. Immediately I entered a project, I will make sure that I look for the person running the support system and asked him for the road map of the cryptocurrency project they are running. When they gives me I will now go through it to ascertain if it is meaningful or not. Another thing is to ask their support which stage they are into at that moment, if you noticed that they have not progressed far and you expect them to have passed through that stage long ago, you should be skeptical with such cryptocurrency project. With that you should apply wisdom wether to invest or not.
Road map can be defined or seen as the step by step process a cryptocurrency project will be following as they work towards achieving their goals and objectives. Take for instance, if they are to launch their cryptocurrency token and sharing it to individuals that met their criteria before listing it, it means that they will follows that before they do the other. They must follows this orderly or might put their project in great mess.
If you understand how road map works you will be happy for the person that introduces it into cryptocurrency. It is just too sweet seeing a project operating with their road map. One good thing about the road map in any cryptocurrency project is that it helps to build confidence between the project owner and their fan base. We all knows that customers are the bed rock behind every project. If you play with them, it means the end to your project.
With what I explained above we all can see that road map is essential for any cryptocurrency project. At least let us knows what and what we should be expecting.
Tfame3865
signed out
All screenshot was taken
with my phone.
- If you love my post, feel free to comment and also support me, it will help to get me motivated. Remain bless as you read the post.
There is a decentralized finance project currently running. If you want to make good reward from your stake or Liquidity mining you should take a look at this project called Woxdefi . For more information about woxdefi you can check the different links below.
Purchase Wox through this link
- If you love my post, feel free to comment and also support me, it will help to get me motivated. Remain bless as you read the post. Thanks
Posted Using LeoFinance Beta
Nice keep it up.
if you haven't receive 300 HIVE and 200 LEO than vote LeoFinance for witness
LeoFinance is a well known and great project so i am vouching for it
Vote for LeoFinance and get 300 HIVE and 200 LEO now
CLICK HERE TO VOTE NOW
DO NOT FOLLOW any instruction and DO NOT CLICK on any link in the comment!
The conditions stipulated in the white paper and very specifically the roadmap, is the first thing we should check before making the decision to participate in a certain project within the blockchain.
Best regards, be well.
Thanks for such an amazing comment.