True that.
Even a codebase / github is not good enough if it is not working. Anyone who knows what they are doing can throw together a bunch of nice looking code. The hard part is getting it to work.
Topic: Don't invest in ICOs without working products. (Read 3291 times)
I agree with your statement, but also investing into a project just because it has a working project will only end in tears as well.
The most important thing is to do research into everything, if they have a working product that's a bonus, but it shouldn't take away from the fact that you still need to have a great team behind it, solid concept and all the numbers need to be in the right place.
The most important thing is to do research into everything, if they have a working product that's a bonus, but it shouldn't take away from the fact that you still need to have a great team behind it, solid concept and all the numbers need to be in the right place.
If you want to invest in ICOs, look for something with a working product like KICKICO. What are some other ICOs with working products?
I do not understand a working product, but as long as the information of an ICO that can be profitable I would like to participate to follow itHow could it be profitable if the ICO didn't work ?
how could you said profitable, if ICO was fake, they could be make a fake team, fake roadmap and whitepaper and the owner is only sleeping on his room and waiting you people invest your bunch of $ into their wallet
If you want to invest in ICOs, look for something with a working product like KICKICO. What are some other ICOs with working products?
I do not understand a working product, but as long as the information of an ICO that can be profitable I would like to participate to follow it 
I agree, I do not recommend investing in ICOs that do not do any business and are just created to make money. Do not let your money know the value of money and scam yourselves.
I learned this the hard way with Confodo. I invested in the and it turned out to be a scam, and they sold all their premine and ran away with over $300,000. :/
Investing in ICO's is speculative by nature. Do your own research and make your own decision on whether a project will be successful or not. Scams are easy to spot if you know what to look for in a quality project and having a working product is not always ideal for many startups.
Spectiv launched their platform, so they are
Maybe Stratis is not an ico but you can invest Stratis really hard because Stratis will be huge and they nearly have a working product with them.
Thats definitely a valuable advice. Most ICO's are based only on an idea and the possibility of them realizing the idea into a working product are small. I recently found this very interesting thread about filters for investing more safe into ICO's. I think everyone should read those guidelines to protect themselves. Ill link it here: https://bitcointalksearch.org/topic/3-kinds-of-icos-protect-yourself-2243157
Good point.
Look at trade.commerceblock.com
Look at trade.commerceblock.com
If investors were more careful in choosing projects for investment, potential scammers would be less likely to raise money from a contrived ICO project. Therefore, illegible investment of their funds in these projects allow fraudsters to make huge profits and deceive investors. In general, I think that the issue of state regulation of the process of issuing initial coins has long been ripe. It is necessary to identify the persons who are going to engage in this activity and some kind of primary evaluation of the project itself.
Yes, this is something we must understand absolutely. We must invest in ICO which has a product. Because this will make us confident with the future of the money we invest. Since many ICOs end in Big Dump, they do not have a running product.
Think wisely specially in terms of investing money in an ICO, because some ICO through away the money . ICO needs to be more secure to those investors.
Why would you risk your money into something that has no product?I would rather join free aidrops than a scam ICO.We should be vigilant because theres a lot of scammers in the market.
I agree with your statement. I think it's the only way (without regulation) that ICO's can evolve to be safer and more secure for the average investor / adopter.
Currently right now there is an influx of ICO's which increases the amount of poor ideas / scams, this is only hurting and breaking trust in the crypto community. The fact is that if a startup has created a product that works, they have validated it, knows it has a market and have put time and effort into it and will not abandon it.
One that I found is Crowdholding, and I have seen that they have been compared to KickICO, but they are a little different. What do you guys think about them?
https://ico.crowdholding.com
Currently right now there is an influx of ICO's which increases the amount of poor ideas / scams, this is only hurting and breaking trust in the crypto community. The fact is that if a startup has created a product that works, they have validated it, knows it has a market and have put time and effort into it and will not abandon it.
One that I found is Crowdholding, and I have seen that they have been compared to KickICO, but they are a little different. What do you guys think about them?
https://ico.crowdholding.com
Yes, this is something we must understand absolutely. We must invest in ICO which has a product. Because this will make us confident with the future of the money we invest. Since many ICOs end in Big Dump, they do not have a running product.
Hello everyone, I would like to give you short information about our ICO which might get your interest.
Fluz Fluz already working product, active community and proven cash-back payouts in South America
We have more than 200 cash-back partners including global top brands. ( Nike, Uber, Amazon etc.)
you can learn more on our ico page: https://ico.fluzfluz.com/
feel free to talk with our team on telegram: https://t.me/fluzfluzico
Fluz Fluz already working product, active community and proven cash-back payouts in South America
We have more than 200 cash-back partners including global top brands. ( Nike, Uber, Amazon etc.)
you can learn more on our ico page: https://ico.fluzfluz.com/
feel free to talk with our team on telegram: https://t.me/fluzfluzico
Investment in ICOs now a days booking because people are always searching of new assets for their money in safe heaven and liquidity to be within a minute. For this purpose first you should research the product of company that brings with ICOs. If any body have the idea of actually which countries are now allowing the icos? Post the detailed list of this countries here.
How could you be saying that ICOs are safe heaven for investing money? Whole new lot of risks when investing on ICOs. Lots of shitty and scammy ICOs are out there where once the ICO is over they halt their development. They are just dump and pump schemes. Most ICOs lists countries which will be able to participate, so you can easily find out which countries allows ICO and which don't.
Investment in ICOs now a days booking because people are always searching of new assets for their money in safe heaven and liquidity to be within a minute. For this purpose first you should research the product of company that brings with ICOs. If any body have the idea of actually which countries are now allowing the icos? Post the detailed list of this countries here.
i'd also like to add, you don't NEED to invest into ICOs. you can just be apart of the pump and dump cycle if you want quick cash. Investing meaning you keep your money in them for the long term, but there are many things that pump coins ie) initial post-ico pump, gets listed on an exchange, some actual well known dev tweeting the team, etc.
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