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Topic: Don't invest in ICOs without working products. - page 3. (Read 3291 times)

sr. member
Activity: 952
Merit: 250
yEAH, never ever, invest your money to a crypto without a working product like Bitcoin, lols. Just kiddin! Business model is very important to a coin. Always look for a crypto backing up with a service or products.

If you want to invest in ICOs, look for something with a working product like KICKICO. What are some other ICOs with working products?
member
Activity: 222
Merit: 10
But how can an ICO have a working product? To actually have a working product you need a huge budget and timeframe. This is the whole point of an ICO!

sr. member
Activity: 1582
Merit: 352
★Bitvest.io★ Play Plinko or Invest!
If you want to invest in ICOs, look for something with a working product like KICKICO. What are some other ICOs with working products?
Yeah that's what I did actually but now I participated in SPECTRE ICO and what do you guys think about this project? I was once a participant of KICKICO but never invested in it. Should I invest in ICO's that I am in or bounty tokens is enough? This is my first time to join in ICO bounties and I was like being nervous since there are news about ICO's risky to invest like effort, time and money.
full member
Activity: 770
Merit: 101
fLibero.financial
Don't invest in an ICO without working product? Unfortunately people do. A lot of forks just want to make many in an instant nothing is wrong with though cause there bills to pay.
full member
Activity: 504
Merit: 100
Option Blitz
some ICO have greate idea and great dev team and they dont have money. If we miss these ICO will be a big mistake for us
sr. member
Activity: 392
Merit: 292
Talking about ivnesting in Initial coin offerings with working products, I invested in Opus. They had a great working alpha before the ICO and collected 5 MIL USD during the ICO. For some reason the prices have dropped 20% less than the ICO price. Same is the case with Blackmooncrypto.
That would probably the most common result if the project is currently in progress and wanted some investors to make the rise the of the pool of the collected value of the ICO overall. But according to what you've said it dropped 20% less that the ICO price, isn't it very suspicious? Is it really that trustworthy, the ICO I mean.
hero member
Activity: 784
Merit: 1416
I suggest swarm fund an magos, both ready to go after ico ends
hero member
Activity: 1008
Merit: 501
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 agree though I don't understand KICKICO. Most ICOs are crap, and many started by newbie, I don't understand it, cheating without even try to give out some credibility??
yeah it would be better if you are looking for ICO that has a purpose to market their product or application. like CarTaxi they have a product you can download through the playstore and you can enjoy the facilities and pay by using cryptocurrency, card or cash
sr. member
Activity: 476
Merit: 250
The decision making process of investing to initial coin offerings is difficult. And amount of ICOs out there makes it difficult to eliminate fake ones and invest into right one.

A lot of icos only consist of an idea, rather than working product. And such icos, usually ended up being fake or create less profit when they hit exchanges. Because investors see no further improvement, they decide to dump and recover part of their initial investment.
newbie
Activity: 7
Merit: 0
However there is still some start up you need to trust blindly!

Definitely, and it does not really depend on working product availability.
sr. member
Activity: 938
Merit: 251
Investor in ICO need to have the mindset of Venture capitalist. Your money is your power, your tool you are working with. You must be able to audit every cent you spend. Judging your spending on risk vis a vis reward and value you get in return fir spending the money
newbie
Activity: 7
Merit: 0
What's about ICO without working product yet but started by reputable people having great business plan?
I think such ICOs are worth investing in them.
sr. member
Activity: 938
Merit: 251
I totally agree with your assertion. The least any start up could do is to show some sweat equity. They are asking for financial backing and they must be able to give something in return. However there is still some start up you need to trust blindly!
legendary
Activity: 1904
Merit: 1277
If you want to invest in ICOs, look for something with a working product like KICKICO. What are some other ICOs with working products?

Whilst it is great when a project does already have a working product, the reason a lot of ICOs are start-ups is because they need to generate money for the project. So I think if you restricted yourself to those that already have a product, you'll miss out on a lot of opportunities.

Nothing against Kickico though, just a general comment.
sr. member
Activity: 700
Merit: 250
I think Aventus is one ICO that's working, though I was not able to join the campaign I was also looking at the project itself and find it very interesting. I think their ICO had just ended and they already have pending projects already currently lined up because I think it is the first ticketing ICO that had been launched through this forum.
sr. member
Activity: 910
Merit: 252
Recently i have participated in Proxy live video demo and other events . They are already having Working product and also token is ready and already started distributing in airdrop so it seems like good project . Because their working with the concept real time payment of ethereum everywhere and Proxy is ready with Proxy card delivered soon after ICO as i communicated with team like in a october only .
Team is looking promising and completely active. Always come up with new campaign for promoting the Token and ICO .
In recent time proxy is the most active team i seen doing lots of activities to reach their product to people .
sr. member
Activity: 700
Merit: 275
Yeah I guess that's pretty much true about the ICO. Now a days all the shitty ICO are coming daily with just an idea about something but no real implantation of the product before the launch of ICO or even in the next two quarters of their roadmap if you read it on their websites. They will just write down a professional looking white paper and publish it on the forum and other knowledge base blogs and will try to raise the funds. Some of them even will do big signature campaigns but won't pay you at the end of ICO because it's just show off nothing else.


So having working model means having great assurance of our return of investment in that ICO. We better be watching for it.
full member
Activity: 308
Merit: 100
Blockchain Just Entered The Real World
Talking about ivnesting in Initial coin offerings with working products, I invested in Opus. They had a great working alpha before the ICO and collected 5 MIL USD during the ICO. For some reason the prices have dropped 20% less than the ICO price. Same is the case with Blackmooncrypto.
sr. member
Activity: 462
Merit: 253
I understand all of the sceptics here, but there are certainly ICO's there that are worth considering.

Don't forget guys, Oculus Rift came from kickstarter. There are promising ideas out there, that just need some finance.  

As long as you are not a dork with your investments, and research throughly, the competition, the whitepaper, the team. You can enjoy the benefits one day.
hero member
Activity: 2128
Merit: 530
PredX - AI-Powered Prediction Market
This is very interesting because  Ethereum ICO was conducted when they have no products and we can see how this pans out, but I have seen some projects with Alpha platform which affect you test their platform you ask yourself is their need for the team to have an ICO for project like this
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