Don't invest in ICOs without working products. - page 7.

The Sceptical Chymist

legendary

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Quote from: sinner on July 21, 2017, 01:45:55 AM

as long as people keep throwing money at 3-page whitepapers, someone is gonna keep taking that free money. "there's a sucker born every minute." so this shit will probably never end, but i imagine we'll see a reduction in the absurd amounts raised by projects with no product, sometimes not even a whitepaper.

at some point the US gov is gonna step in to "protect us," tho many ICOs already block US investors. either way we've got front row seats to the best drama ever Cheesy

Yeah I'm waiting for all that great "protection" myself. I know it's coming.

These new ICOs are all scams, in my opinion, and I couldn't care less if Americans are blocked from investing in them. It does boggle my mind that suckers keep falling for the same trick over and over again. It shouldn't, though. I've seen the insane number of degenerate gamblers here, and people throw their money away like it was asswipe. So if you blow your money on stupid shitcoin projects, you get what you deserve.

icofinder

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Quote from: iram3130 on July 20, 2017, 11:33:25 PM

Quote from: Grant Hero on July 20, 2017, 11:16:28 PM

I agree with you here as well. However, it isn't binary.

There are a lot of instances where it makes sense pending:

A prototype
Team and experience
Traction
Idea
Terms

There are many factors on which an ICO will become successful. 90% of them are created to scam people but there are some who genuinely work for it. But the credibility of an ICO is getting weaken day by day because of the ETH hacking and owners scamming people.

This is why we need the platform! It will allow ETH to not be dragged down in price.

sinner

hero member

Activity: 615

Merit: 500

as long as people keep throwing money at 3-page whitepapers, someone is gonna keep taking that free money. "there's a sucker born every minute." so this shit will probably never end, but i imagine we'll see a reduction in the absurd amounts raised by projects with no product, sometimes not even a whitepaper.

at some point the US gov is gonna step in to "protect us," tho many ICOs already block US investors. either way we've got front row seats to the best drama ever Cheesy

nicolas1979

sr. member

Activity: 826

Merit: 252

Quote from: icofinder on July 20, 2017, 07:00:39 PM

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 think every ICO have product, but how they manage & promote product is the best way to become success. When they has a product and keep running hard works to become knowing and give benefits it something will interest people to join. I like Monaco ( project closed ) and opus, because they know how to manage their product and always update information about it. Transparency and support team is needed to grow up member & audience. Agree with your post and good luck.

Mikaelxiong

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What about DENT? The founders have actual products in the past but not a working system yet. They say that an app should be up in Q4. Also the guys on token market on the board.

fearcoka

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Merit: 1000

Quote from: iram3130 on July 20, 2017, 11:33:25 PM

Quote from: Grant Hero on July 20, 2017, 11:16:28 PM

I agree with you here as well. However, it isn't binary.

There are a lot of instances where it makes sense pending:

A prototype
Team and experience
Traction
Idea
Terms

There are many factors on which an ICO will become successful. 90% of them are created to scam people but there are some who genuinely work for it. But the credibility of an ICO is getting weaken day by day because of the ETH hacking and owners scamming people.

When ICOs with ETH platform weaken, I think Waves is next subjects for investor from ICOs. The platform blockchain of Waves very good and can compete with ETH in future on market ICOs. In present, Waves have 2 project success is MobileGo and ZrCoin

blockoptions

member

Activity: 132

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Btter to invest in ICO with at least a MVP

Yurkov

sr. member

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Pepemo.vip

ICO's are not that good , investors should always wait for working product before investing

Spoetnik

legendary

Activity: 1540

Merit: 1011

FUD Philanthropist™

Better yet don't invest in ICO's at all.
In case you dope head profiteers didn't know there was hundreds if not thousands of working coins launch..
WITH OUT dev's putting their hands out for a single solitary god damn fucking cent.

And not only that but it actually greatly devalues the end result product and taints it.
I for one will never use or support any type 0f ICO bullshit ever.

If you don't have the means then leave it to someone else that does.
This is not Kickstarter.
And as a matter of fact Kickstarter has all this type of shit banned.. and for good reason.

There is no good aspect to any ICO ever and there never will be.
They are all scammy period .

williamevanl

sr. member

Activity: 404

Merit: 253

It's absolutely hilarious you would even have to post this! Yes only in the ICO space do you have to tell people to not invest in nothing.

asriloni

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Quote from: icofinder on July 20, 2017, 07:00:39 PM

If you want to invest in ICOs, look for something with a working product like KICKICO. What are some other ICOs with working products?

What's kick ico? I never heard about that project. is that project a binary project? Can you tell me the real or working product already offered by them? The project is not get a crowded. I mean is the product only the reason for you to promote the kickico in here? Roll Eyes

Mieehayii

hero member

Activity: 490

Merit: 500

how to define the product?

is service a product?

tal3sfromthecrypt

newbie

Activity: 26

Merit: 0

I think at the very least, there should be a whitepaper available. I've noticed a lot of ICOs are building up buzz with airdrops, but have no actual substance.

iram3130

legendary

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ITSMYNE 🚀 Talk NFTs, Trade NFTs 🚀

Quote from: Grant Hero on July 20, 2017, 11:16:28 PM

I agree with you here as well. However, it isn't binary.

There are a lot of instances where it makes sense pending:

A prototype
Team and experience
Traction
Idea
Terms

There are many factors on which an ICO will become successful. 90% of them are created to scam people but there are some who genuinely work for it. But the credibility of an ICO is getting weaken day by day because of the ETH hacking and owners scamming people.

stomachgrowls

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Activity: 2982

Merit: 790

Quote from: hosseinimr93 on July 20, 2017, 07:28:48 PM

Gilgam.es, Bowhead and Opus
I recommend these three ICOs. They have products that increase their chance to become successful.

Gilgam.es : a platform for players that allow them to compete in eSport games.
Bowhead : an instrument which monitors the health of people at home.
Opus : a platform for sharing musics that is supposed to solve some of music industry problems.

I agree, thats why i Choose to participate on their promotion and at the same time as an investors on Bowhead project because i can really see a product here compared on those ICO which do project only an imaginary thing which it doesnt really convinced me off on putting money on those ICO. As a wise investor always seek out on this kind of things which you can somehow assure yourself that you are on the right track and lessen the risk of getting scammed.

Grant Hero

member

Activity: 112

Merit: 10

I agree with you here as well. However, it isn't binary.

There are a lot of instances where it makes sense pending:

A prototype
Team and experience
Traction
Idea
Whitepaper
Terms

bathrobehero

legendary

Activity: 2002

Merit: 1051

ICO? Not even once.

Or just, you know, don't "invest" in ICOs at all. Giving money to random people in exchange of some random images and promises is worse than gambling.

Unfortunately, with the super easy nature of creating ICOs on Ethereum and other platforms, along with Bitcoin's price, crypto attracted a whole bunch of lazy idiots chasing a goldrush and throwing money into ICOs while having no idea or enthusiasm towards cryptocurrencies, giving it a bad name to cryptos altogether.

hosseinimr93

legendary

Activity: 2380

Merit: 5213

Gilgam.es, Bowhead and Opus
I recommend these three ICOs. They have products that increase their chance to become successful.

Gilgam.es : a platform for players that allow them to compete in eSport games.
Bowhead : an instrument which monitors the health of people at home.
Opus : a platform for sharing musics that is supposed to solve some of music industry problems.

Grant Hero

member

Activity: 112

Merit: 10

I complete agree with this.

jamesclark

full member

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Merit: 100

Quote from: icofinder on July 20, 2017, 07:00:39 PM

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??

Topic: Don't invest in ICOs without working products. - page 7. (Read 3291 times)