Topic: A good investment option? ICO's pitched on a PRODUCT, not a White Paper (Read 2285 times)
October 18, 2018, 05:01:20 AM
The problem is that no one has a working product. The organizers first want to receive funding, and then start doing the work. In this case, the desire to create a good product is missing, since there is no motivation in the form of income.
September 27, 2018, 10:33:28 PM
ICO's with a functioning product make up less than 3% of total ICO's. FinanceX is in a great position 
It's so rare to find an ICO like this. Especially with a coin backed by an exchange. We all saw what happened to BNB and Binance. FNX and FinanceX could do the same thing, especially when they offer fiat-to-coin trading pairs. So many markets to choose from with FinanceX and easy cashout straight in to your bank account September 27, 2018, 10:25:29 PM
ICO's with a functioning product make up less than 3% of total ICO's. FinanceX is in a great position
September 27, 2018, 05:23:42 AM
We are doing some serious sideways movement at the moment. Not sure whether this is a short delay in the bear run or the plateau before the upwards projection. But with a bull market a round the corner I have found an ICO with a product. FinanceX exchange that supports fiat-to-coin trading pairs and has already launched is releasing FNX token. It's own market. One to watch people
September 25, 2018, 07:44:56 AM
may have existing products or proves to be indeed made quite confident in investing. but just a real product alone is not enough in the absence of the concept and the elaboration of the product system. so from those other advocates such as whitepaper still need to be used as supporting materials. ICO will be able to provide a nice clear description including the whitepaper as this will help clarify the concept of the ICO.
I usually say this, without a real product, then, there is certainly nothing to invest in. Any serious team would have at least been able to develop a prototype before even launching an ICO and it is this product that would really give an investor the confidence as to whether the project would fly in the long run, have potentials and the team will keep building on it and developing it to the world. Whitepaper is a waste of time to me if the important things are left out first. September 25, 2018, 05:55:12 AM
Although there are many good ideas out there, aren't you safer to invest in an ICO which already has a functioning and proven product? ROI is much more likely in this scenario
No, I don't think so, and I don't feel safe to invest in an ICO because right now, there is too many ICO that makes us too difficult to choose and we can read that many of them run from their project with the investor's money. So I don't think that it is a good idea to invest in ICO unless there are any prove from the ICO itself so we can be safe or at least we can see the profit will come to us. Maybe if you invest in an ICO in the last year, you can make a big advantage, but right now, it's hard to find one good ICO.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
September 23, 2018, 07:47:35 AM
Although there are many good ideas out there, aren't you safer to invest in an ICO which already has a functioning and proven product? ROI is much more likely in this scenario
No, I don't think so, and I don't feel safe to invest in an ICO because right now, there is too many ICO that makes us too difficult to choose and we can read that many of them run from their project with the investor's money. So I don't think that it is a good idea to invest in ICO unless there are any prove from the ICO itself so we can be safe or at least we can see the profit will come to us. Maybe if you invest in an ICO in the last year, you can make a big advantage, but right now, it's hard to find one good ICO.
September 22, 2018, 04:46:03 AM
Although there are many good ideas out there, aren't you safer to invest in an ICO which already has a functioning and proven product? ROI is much more likely in this scenario
If you find an ICO which can offer its product then send here the link, I think that you will find many investors.ICOs with product is not for small investors, good example is Telegram ICO.
https://bitcointalksearch.org/topic/bounty-romad-new-generation-anti-virus-working-product-3364289
September 22, 2018, 04:34:04 AM
I am prefer choosing join in ICOs with working product rather than good whitepaper. I am once see people providing service making white paper for ICOs and i think we can make up white paper as good as we can but the product is important for me before join in some ICOs
September 22, 2018, 04:12:01 AM
Interesting thoughts. I agree with you, that first of all there should be a great product, rather than a good written piece of paper. But on the other hand, unfortunately, there are only 30-40 percent of crypto currencies in the top 100, that have a real, working product.
September 22, 2018, 03:58:55 AM
FNX token on the FinanceX exchange could do something like BNB did on Binance. Definitely worth the investment
The difference is we offer fiat-to-coin trading pairs make accessing the coins you want faster and easier. This is what needs to happen for crypto to experience mass adoption. September 22, 2018, 03:41:54 AM
FNX token on the FinanceX exchange could do something like BNB did on Binance. Definitely worth the investment
September 21, 2018, 07:28:55 AM
As a rule ICO with a finished product small investors are not interested, and the amount there is many times more ...
September 21, 2018, 06:45:11 AM
It's very difficult to find ICO's with a proven product. In fact I only know of one
September 21, 2018, 06:40:49 AM
Although there are many good ideas out there, aren't you safer to invest in an ICO which already has a functioning and proven product? ROI is much more likely in this scenario
Maybe you’re right, but know what product it is cause some of them might not get the interests of people and so it might not really work as you think and you’re most going to make any profit from it. If you look at the product and see it is something that no one would be interested in, then leave it and continue with something that you know about. Maybe you should continue with the white paper, if that’s what’ can get you the profit you need at last.
September 21, 2018, 06:29:16 AM
Although there are many good ideas out there, aren't you safer to invest in an ICO which already has a functioning and proven product? ROI is much more likely in this scenario
Maybe you’re right, but know what product it is cause some of them might not get the interests of people and so it might not really work as you think and you’re most going to make any profit from it. If you look at the product and see it is something that no one would be interested in, then leave it and continue with something that you know about. Maybe you should continue with the white paper, if that’s what’ can get you the profit you need at last. 
September 20, 2018, 08:07:37 AM
It's so difficult to find an ICO pitched on a product. After Q2 of 2018 it has to be an outstanding idea with an outstanding team to be worth the investment
I totally relate with that 
. However, it might be difficult to see them, but does not mean they are not there.A lot of them though tend to want to use the funds raised to build on the product they already have which is why I prefer sometimes to see some sort of demo and be sure the team is ready to work in most cases than just investing in an empty promise because certainly, promises will not solve the job and unless I am sure the team look solid with enough experience to build something realistic in the long run, before I can consider.
September 19, 2018, 02:16:58 PM
Although there are many good ideas out there, aren't you safer to invest in an ICO which already has a functioning and proven product? ROI is much more likely in this scenario
Yes, its really a good idea to invest in an ICO that already have a working product. Its more profitable to invest in those ICOs than to invest in an ICO that doesn't have a working product.
September 19, 2018, 11:20:04 AM
Although there are many good ideas out there, aren't you safer to invest in an ICO which already has a functioning and proven product? ROI is much more likely in this scenario
Yes! This is actually the new standard for me when investing into an ICO. Websites/whitepaper are good but even scam ICO's have them now.
September 19, 2018, 10:59:26 AM
yes, good idea and promising. but look at the facts that happened, all ico only sold an article and an appointment in the whitepaper, after ico finished they left the project and the only one left was the pump. there is rarely ico but has launched they product, which we often encounter is just a demo.
Jump to: