A web site that combine a list of crypto team, to help user easy to ...
...research
Idea type: Minimal Signal
There’s barely any market activity - either because the problem is very niche or not important enough. You’ll need to prove real demand exists before investing significant time.
Should You Build It?
Not yet, validate more.
Your are here
Your idea of creating a website that compiles a list of crypto teams to facilitate user research falls into a category where market activity is minimal. With only two similar products identified, confidence in this assessment is low. The low engagement, indicated by an average of two comments on similar products, suggests that while there might be some interest, it's not widespread. Given this minimal signal, it's crucial to validate the demand for your specific offering before investing significant time and resources. Focus on confirming whether the problem you're solving is genuinely felt by a substantial number of crypto enthusiasts.
Recommendations
- Begin by identifying online communities and forums where crypto investors and researchers gather. Share your concept and directly solicit feedback. Gauge whether there's a genuine need for a curated list of crypto teams and understand their current pain points in finding reliable information. Ask about what they currently use.
- Offer to manually compile a list of crypto teams for a small group (2-3) of potential users. This hands-on approach will give you direct insights into their needs and preferences, allowing you to refine your product concept based on real-world feedback. This will also create an initial set of happy early users.
- Create a short, engaging explainer video demonstrating the value proposition of your website. Highlight how it simplifies crypto team research and saves users time and effort. Monitor the video's viewership and engagement metrics to assess overall interest.
- Implement a waiting list and ask for a small, non-binding deposit to join. This will serve as a tangible measure of commitment and willingness to pay for your service. It's a direct validation of demand.
- Based on the Hackers.tools feedback, consider how you will balance comprehensiveness with usability. Users expressed concerns about "tool overload". Aim for a curated approach, highlighting key information and avoiding overwhelming users with excessive data.
- If, within three weeks, you can't secure genuine interest from at least five potential users who are willing to provide a deposit or commit to using your service, it's essential to re-evaluate your product concept. Consider pivoting or addressing a more pressing need within the crypto space.
Questions
- What specific pain points do crypto researchers currently experience when trying to gather information about crypto teams, and how does your website uniquely address these challenges compared to existing resources?
- Given the potential for 'tool overload' as highlighted in similar product feedback, how will you curate the information on your platform to ensure it remains user-friendly and avoids overwhelming users with excessive data?
- What is your plan for generating early-stage content that will both educate potential users about the value of researching crypto teams and simultaneously drive traffic to your website?
Your are here
Your idea of creating a website that compiles a list of crypto teams to facilitate user research falls into a category where market activity is minimal. With only two similar products identified, confidence in this assessment is low. The low engagement, indicated by an average of two comments on similar products, suggests that while there might be some interest, it's not widespread. Given this minimal signal, it's crucial to validate the demand for your specific offering before investing significant time and resources. Focus on confirming whether the problem you're solving is genuinely felt by a substantial number of crypto enthusiasts.
Recommendations
- Begin by identifying online communities and forums where crypto investors and researchers gather. Share your concept and directly solicit feedback. Gauge whether there's a genuine need for a curated list of crypto teams and understand their current pain points in finding reliable information. Ask about what they currently use.
- Offer to manually compile a list of crypto teams for a small group (2-3) of potential users. This hands-on approach will give you direct insights into their needs and preferences, allowing you to refine your product concept based on real-world feedback. This will also create an initial set of happy early users.
- Create a short, engaging explainer video demonstrating the value proposition of your website. Highlight how it simplifies crypto team research and saves users time and effort. Monitor the video's viewership and engagement metrics to assess overall interest.
- Implement a waiting list and ask for a small, non-binding deposit to join. This will serve as a tangible measure of commitment and willingness to pay for your service. It's a direct validation of demand.
- Based on the Hackers.tools feedback, consider how you will balance comprehensiveness with usability. Users expressed concerns about "tool overload". Aim for a curated approach, highlighting key information and avoiding overwhelming users with excessive data.
- If, within three weeks, you can't secure genuine interest from at least five potential users who are willing to provide a deposit or commit to using your service, it's essential to re-evaluate your product concept. Consider pivoting or addressing a more pressing need within the crypto space.
Questions
- What specific pain points do crypto researchers currently experience when trying to gather information about crypto teams, and how does your website uniquely address these challenges compared to existing resources?
- Given the potential for 'tool overload' as highlighted in similar product feedback, how will you curate the information on your platform to ensure it remains user-friendly and avoids overwhelming users with excessive data?
- What is your plan for generating early-stage content that will both educate potential users about the value of researching crypto teams and simultaneously drive traffic to your website?
- Confidence: Low
- Number of similar products: 2
- Engagement: Low
- Average number of comments: 2
- Net use signal: 30.0%
- Positive use signal: 30.0%
- Negative use signal: 0.0%
- Net buy signal: 0.0%
- Positive buy signal: 0.0%
- Negative buy signal: 0.0%
The x-axis represents the overall feedback each product received. This is calculated from the net use and buy signals that were expressed in the comments. The maximum is +1, which means all comments (across all similar products) were positive, expressed a willingness to use & buy said product. The minimum is -1 and it means the exact opposite.
The y-axis captures the strength of the signal, i.e. how many people commented and how does this rank against other products in this category. The maximum is +1, which means these products were the most liked, upvoted and talked about launches recently. The minimum is 0, meaning zero engagement or feedback was received.
The sizes of the product dots are determined by the relevance to your idea, where 10 is the maximum.
Your idea is the big blueish dot, which should lie somewhere in the polygon defined by these products. It can be off-center because we use custom weighting to summarize these metrics.
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