Topic: ICOs should only create Tokens with Working Products or Services - page 4. (Read 2152 times)
September 05, 2018, 08:44:27 AM
i am agree with you. token should stand behind it really work product. you need to create tokens relevant to the society's needs. i think Without this token will not survive for a long time.
September 05, 2018, 08:32:06 AM
it’s a amazing concept and each ICO will definitely came under some guideline. The each firm raises in the practical world through this IPO will have some work done to make the product and service while the ico started a sample template.
September 05, 2018, 08:04:28 AM
Enough of people just creating tokens just for the sole purpose of trading it in exchanges and making money after the ICO. In order for a token to survive or stand the test of time, there is need for it to have a working product or service it directly supports. This is what a lot of tokens are lacking today.
In my opinion, any token to be created should bring in something new. It must be a token that will add value to the society and not just for the purpose of trading it in exchanges and cashing out money.
If we actually want cryptocurrency to survive and appeal to the ordinary people, then we must create ONLY tokens relevant to the society's needs or solves at least a particular societal problem.
In my opinion, any token to be created should bring in something new. It must be a token that will add value to the society and not just for the purpose of trading it in exchanges and cashing out money.
If we actually want cryptocurrency to survive and appeal to the ordinary people, then we must create ONLY tokens relevant to the society's needs or solves at least a particular societal problem.
In icobench there are many ICOs that have a working product or a product that is in the development phase and that we can see a demo or a MVP which is called there.
Those project that have a working product are much better than those who expect to developer a product in the near future but even with a working product this does not guarantee that the project wont be a scam.
September 05, 2018, 07:49:50 AM
people have now begun to realize it, ICOs that do not have real products will be more difficult to get investors, because investors have started to know that such tokens will not have value, investors will choose tokens that have value in the future
September 05, 2018, 06:17:56 AM
Of course, when a project has appeared on the market and it has a working product, this is very good, and this greatly increases the chances that investors will invest in it, but some projects have a good idea, but do not have the means to do so, they carry out the ICO.
Having an existing product/technology will not give any guaranteed that you will succeed on your ICO, you still need to prove the importance of you business in this market. Though its a plus factor for your project, and investors might see potential on that so I suggest to have a great marketing team, they can really help your business grow. September 05, 2018, 06:15:00 AM
Of course, when a project has appeared on the market and it has a working product, this is very good, and this greatly increases the chances that investors will invest in it, but some projects have a good idea, but do not have the means to do so, they carry out the ICO.
September 05, 2018, 06:04:38 AM
yes I completely agree with you, thing which is so much important for our future ,this thing should be qualified otherwise it will not last till our future, your idea is very useful
September 05, 2018, 05:44:29 AM
Investors often find it quite difficult to figure out which ICO they should invest on. It is actually hard to find out the reliability based on some papers. But tokens with working products will be much helpful I hope.
September 05, 2018, 05:23:39 AM
100% agree, I believe there must be a good use case for the token otherwise its solely an investment tool, which does not really justify the ICO in itself.
September 05, 2018, 05:21:23 AM
I think it is high time the tokens changed in this way with working products. Many ICOs available out there have simply nothing but paper works. This type of practice have created scammers in the market.
September 05, 2018, 05:18:26 AM
I do agree with this idea that tokens should be created with working product. This will help to create trust among the investors to come forward and make investment. I guess this will reduce scam as well.
September 05, 2018, 04:46:30 AM
Enough of people just creating tokens just for the sole purpose of trading it in exchanges and making money after the ICO. In order for a token to survive or stand the test of time, there is need for it to have a working product or service it directly supports. This is what a lot of tokens are lacking today.
In my opinion, any token to be created should bring in something new. It must be a token that will add value to the society and not just for the purpose of trading it in exchanges and cashing out money.
If we actually want cryptocurrency to survive and appeal to the ordinary people, then we must create ONLY tokens relevant to the society's needs or solves at least a particular societal problem.
I agree that this would help in the future to strengthen the community.But locally now everyone has come to this sphere for profit. In my opinion, any token to be created should bring in something new. It must be a token that will add value to the society and not just for the purpose of trading it in exchanges and cashing out money.
If we actually want cryptocurrency to survive and appeal to the ordinary people, then we must create ONLY tokens relevant to the society's needs or solves at least a particular societal problem.
September 05, 2018, 04:44:39 AM
Enough of people just creating tokens just for the sole purpose of trading it in exchanges and making money after the ICO. In order for a token to survive or stand the test of time, there is need for it to have a working product or service it directly supports. This is what a lot of tokens are lacking today.
In my opinion, any token to be created should bring in something new. It must be a token that will add value to the society and not just for the purpose of trading it in exchanges and cashing out money.
If we actually want cryptocurrency to survive and appeal to the ordinary people, then we must create ONLY tokens relevant to the society's needs or solves at least a particular societal problem.
In my opinion, any token to be created should bring in something new. It must be a token that will add value to the society and not just for the purpose of trading it in exchanges and cashing out money.
If we actually want cryptocurrency to survive and appeal to the ordinary people, then we must create ONLY tokens relevant to the society's needs or solves at least a particular societal problem.
I support this call for the assurance of everyone whos being involved in ico investing and bounty hunters,actually I’ve been seeking for this topic for long now .to some people that will eagerly push this idea and give justice to all concerns
I have been part of many project,i use to invest in ico and I participated in many bounty hunting projects but all i got is scams or shitcoins,only few who has a potential
September 05, 2018, 04:39:50 AM
I thinkthe same way. Competition is high nowadays and prior to launch ICO, spend your time on MVP development. Investments in ICOs without product are too risky. Even in venture investments stopped reviewing applications without MVP.
September 05, 2018, 04:36:20 AM
I am sure that ICO projects were created primarily in order to maximally simplify the process of investing money in profitable projects for both sides. Additional regulation and tightening of laws will not lead to progress in this area. All investors voluntarily choose the ICO project for investment and should only blame themselves. The only most appropriate way to protect against scammers in ICO is insurance.
September 05, 2018, 04:11:15 AM
That's how ICO is supposed to be since from the start to attract more investors and even make the project successful. That's one of the things that i am also looking for before i invest in ICO or even participate in their bounty campaigns. I've been into ICO with working product already and it always went successfully.
September 05, 2018, 03:03:42 AM
It would be best but there is another option. If they need sources for developing the product they can raise money with couple of rounds.
September 05, 2018, 03:00:55 AM
Ico for real developments those icos should list separately so we can assume the price growth on the specific time frame so icos will have good reputation for long term growth
September 05, 2018, 02:46:25 AM
Enough of people just creating tokens just for the sole purpose of trading it in exchanges and making money after the ICO. In order for a token to survive or stand the test of time, there is need for it to have a working product or service it directly supports. This is what a lot of tokens are lacking today.
In my opinion, any token to be created should bring in something new. It must be a token that will add value to the society and not just for the purpose of trading it in exchanges and cashing out money.
If we actually want cryptocurrency to survive and appeal to the ordinary people, then we must create ONLY tokens relevant to the society's needs or solves at least a particular societal problem.
In my opinion, any token to be created should bring in something new. It must be a token that will add value to the society and not just for the purpose of trading it in exchanges and cashing out money.
If we actually want cryptocurrency to survive and appeal to the ordinary people, then we must create ONLY tokens relevant to the society's needs or solves at least a particular societal problem.
Very true but this is human nature and everytime there is money to be made some people will be willing to do anything to get a piece of the cake including some not very honest business that's why in my opinion the responsibility falls on the investors to do their due dilligence and research and not fall victim to the hype since the market is not regulated enough to take care of cases like that.
September 05, 2018, 02:38:01 AM
Prevalent crypto ventures like OmiseGo sprung from a similar stage, making Ethereum the pioneer birthing stage for some decentralized applications. Let’s see how it will help.
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