Minimum Viable Product (MVP) refers to the most basic version of a project that incorporates essential features to meet the needs of early users. It allows developers to launch quickly and gather feedback without investing too much time or resources.In the context of new cryptocurrency projects, an MVP often involves launching a decentralized application (dApp) or a basic token with limited functionalities. This can include features like simple transactions or a basic platform for users to interact with.Releasing an MVP helps gauge interest and validates concepts before expanding the project. Early adopters can provide valuable insights, which can drive future development. This iterative approach fosters improvement and adaptation, focusing on what users actually want rather than assumptions.By starting with an MVP, projects can manage risks and avoid overcommitting to features that may not resonate with users. This strategic approach is crucial in the fast-evolving landscape where user needs and market conditions can change rapidly.