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Topic: A good investment option? ICO's pitched on a PRODUCT, not a White Paper - page 2. (Read 2347 times)

member
Activity: 378
Merit: 13
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.
You know one thing about having an existing product and have been able to create some sort of little demand for this product to actually have a feel in real life how things would be like for the usage of the products by users, always tend to go a long way when it comes to investing in such product.

I always see funding as a way of building on what is already available and helping the product to grow more than it already is, when it comes to marketing and some other sort. I wonder why people tend to focus on a whitepaper that can be cloned or some empty promises. Team, minimum viable product, and the vision, speaks well than just a whitepaper.
member
Activity: 364
Merit: 10
Indeed, it is better to look for an ICO that already has a finished product, but there are quite a few such projects and besides the finished product is worse, but you can always see where you invest.
legendary
Activity: 2716
Merit: 1225
Once a man, twice a child!
If you find an ICO which can offer its product then send here the link, I think that you will find many investors.
There is an ingoing ICO for a real use-case coin called the MB8coin. The developers are already in business but want an expansion for their business. Hence, the ongoing ICO which ends on November 5. It is a real world cryptocurrency with 2100 businesses, and still growing.

You can find more about the coin through this link to the site https://mb8coin.io
member
Activity: 322
Merit: 20
Donating 10% to charity
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

It depends really. Safer? - Yeah. More profitable? - Depends.

The thing about ICOs is that so many people fall into scams and that of course hurt the entire ICOs image on the outside world. Knowing how to identify legit ones is by far the most important part of it. If chosen right, you could get big % over your investment but that is extremely risky and i recommend only to people who know what they are doing.

That is why i consider best to educate yourself and invest in the ones you like their cause for now, starting low. That way you will know what you're doing in the future.
full member
Activity: 434
Merit: 101
An ICO with a working product i much better than an ICO without it and all they have are only promises written on their white paper. Working product is also one of the factors i am looking for an ICO nowadays to prove that they are not scam and that they really have a good vision on their project.
sr. member
Activity: 910
Merit: 250
Proof-of-Stake Blockchain Network
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
Certainly safer. I've never understood people who invest in an idea. In most cases, such people lose their money.
sr. member
Activity: 714
Merit: 250


Here is the link you were looking for https://bitcointalksearch.org/topic/m.44016466
This company has dozens of working products, which generate revenue of more than $57M per year.
Also, Kamagames has more than half a million active users every day. Its token sale had just started so check the link to get more info.
it's useless you talk about products if there is no transparency, we can all claim whatever we want.
Introducing Buddy, has had products used by developer around the world and has worked with Google.
https://token.buddy.works
member
Activity: 266
Merit: 15
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.

Here is the link you were looking for https://bitcointalksearch.org/topic/m.44016466
This company has dozens of working products, which generate revenue of more than $57M per year.
Also, Kamagames has more than half a million active users every day. Its token sale had just started so check the link to get more info.
full member
Activity: 588
Merit: 101
Free Crypto in Stake.com Telegram t.me/StakeCasino
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
It's true actually but depends, if the project is really looks promising and have a good team behind the project, I will invest on that ICO. Of course not only by looking at white paper, there are many good investment too on ICOs that still fresh and new to develop the project but yeah, the risk is more bigger.
sr. member
Activity: 784
Merit: 250
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.
jr. member
Activity: 1036
Merit: 1
The whitepaper is very important, but it costs almost nothing if the development team does not have a working prototype of their own project. A year ago, such projects collected softcaps, but now they can not collect even 10% of the required funds. No one will blindly invest in a project that gives no guarantees and assumes no responsibility for its own product. People have lost too much money.
copper member
Activity: 280
Merit: 0
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
copper member
Activity: 280
Merit: 0
You can almost guarantee it's not a scam when there is a product that has been around for a while. Especially if it is successful.
member
Activity: 879
Merit: 10
Sovryn - Brings DeFi to Bitcoin
2018, especially Q2, has made investors more cautious when it comes to ICO investment. An ICO with a product is going to be instantly more attractive. It needs to be a product that is proven and a team that has a clear vision of expansion.
yes, with the many ico without products currently many of them are scams so I think products and whitepapers are very important so investors know more details about the details of ico
copper member
Activity: 280
Merit: 0
2018, especially Q2, has made investors more cautious when it comes to ICO investment. An ICO with a product is going to be instantly more attractive. It needs to be a product that is proven and a team that has a clear vision of expansion.
copper member
Activity: 280
Merit: 0
ICO's are very difficult to publicly fund now. Ideas really aren't going to cut it. A product is far more attractive especially if it's proven
copper member
Activity: 280
Merit: 0
It would be interesting to hear from people out there that have invested in hyped ideas that never eventuated.
copper member
Activity: 280
Merit: 0
We can find many ico only giving promise about their product when we are investing at their ico, I am never see how the seriously of the ico project want to give real product based on their ico offer. Many ico have energy product but when listed at the market we are seeing nothing.
Sometimes you don't have to look to far to find an ICO with a product Wink
hero member
Activity: 1148
Merit: 528
Your opinion is not 100% correct, ICO with working product does not mean it'll become success, some project raised a lot of fund without working product, how do you explain this situation? Whitepaper just a way to let investor know more about the project, 2018 not a good year for ICO, anyway I still believe lCO investments
This is not about the success, it is about at least investing in something you can see which as far as I am concerned, a whitepaper without a product is far worse than a project with both unless we want to lie to ourselves. Like you said, whitepaper is just a way to give you the idea of what the project is practically based on and make you understand the product.

However, in the absence of a product, you will only be investing in empty promises, and the last time I checked, I thought investors are already smart enough to know that investing in empty promises is like taking a huge risk.
legendary
Activity: 1218
Merit: 1007
this is a popular form why you think it is unreliable. there are a lot of facts of successful ICO. of course there are cases of risk, but does not mean that this form is not needed.
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