Topic: ICOs should only create Tokens with Working Products or Services - page 9. (Read 2149 times)
September 02, 2018, 11:13:55 AM
Myabe that is right but there are some tokens that doesn't have working products but helps the society there are some utility tokens and there are some ICOs that their main goal is to cure some disease or also solve some problems in our community some tokens that have working products are also good and helpful but not all some are for entertainments and some are for illegal things but it is to our society though.
September 02, 2018, 09:37:16 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 am totally agree with you. Any project should be useful for society and should bring something new in ours lives.
September 02, 2018, 09:27:04 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 understand your sentiment but there is no regulatory body to enforce or implement this policy. So in the short term, projects will be born every day, duplicates of other projects in the past but investors are still easily fooled into installing investments. I'm not saying I disagree with you, what I'm trying to do is that it will be difficult because the market is free.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 02, 2018, 09:25:14 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 agree with this one. Gone are the days of just promises and hype. Having a MVP or prototype should be the new standard for ICOs. I just hope investors should be smarter by now.
September 02, 2018, 09:19:11 AM
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.
Amen to that, exactly my thoughts. ICOs are kind of stuck in the world of cryptos, only focusing on the ones already using cryptocurrencies. That is not a way to go, crypto will die if it will not appeal to the average man.
It should appeal, by affording a better alternative to a problem.
September 02, 2018, 08:40:37 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.
First of all, I strongly believe that those kind of Ico that is only used for trading, will not even last for a month or two in the market. The ICOs that has true value will be the only ones who will survive in the market.
September 02, 2018, 08:29:09 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.
unfortunately only a few teams really prioritize that desire and we can't prohibit irrelevant projects, irrelevant projects will always appear if there is still demand therefore investor awareness is needed to kill plagiarism projects and projects that don't have products 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 02, 2018, 07:38:37 AM
There are some exceptions to this though. Some ICOs have actually good proposed idea that is actually feasible. Now If people would boycott those since they have no working product, we essentially killed of a potentially revolutionary project by not giving it a chance.
September 02, 2018, 06:51:56 AM
I think you know for a fact that MOST ICO's doesn't have any working projects yet that's why they are conducting it and I believe that's the sole purpose on why they are doing it. And that's the risk in behalf of investors wherein if the project will not work, do not deliver results or a scam that's the loss anyways I'm not saying all but most investors only want profit without taking a look in the value of it in the future.
Working products in an ICO project is helpful to contribute for the progress of the crypto that you're promoting. Without any products is a bad reputation project and mostly what i heard turned out scam or shitty coins. So I recommend that we should invest in a project that has a good and demand product for crypto.
September 02, 2018, 06:43:21 AM
It is actually not good with the way similar tokens are just created everyday. Nothing new, just a repetition of another project. And completely nothing unique about most projects.
September 01, 2018, 11:32:04 PM
Agreed!
Upcoming STOs, for example, create a technology/platform behind it before the actual launch.
Upcoming STOs, for example, create a technology/platform behind it before the actual launch.
September 01, 2018, 11:22:04 PM
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.
Only investing in old ICOs which already have working products
September 01, 2018, 07:30:44 PM
This is a good concept and if every ICOs came under regulations, a possibility.
Every fund raisers in real world through IPO needs to have at least some work done towards creating the product or service while ICO are started from a simple web template.
Every fund raisers in real world through IPO needs to have at least some work done towards creating the product or service while ICO are started from a simple web template.
September 01, 2018, 07:20:27 PM
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.
ICO tokens often have a very good and innovative project idea. The idea is useful and could solve an actual problem. Most developers fail in executing, actualizing, and making real product those ideas. Like you said, most of them enjoy the money without developing the project further. 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.
This isn't an easy problem to solve because ICO basically means crowdfunding for random people. These developers have little incentive to continue the project once they got their money. Most token sink right after they hit an exchange and you can't sue them legally if they make little progress in the project, so small that you eventually give up to the project.
September 01, 2018, 07:12:50 PM
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.
If all crypto people like you, crypto will get hearts in the community, unfortunately people just want to get money quickly but don't think about the products that have worked.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.
btw, Buddy already has a working product.
September 01, 2018, 07:09:33 PM
I think you know for a fact that MOST ICO's doesn't have any working projects yet that's why they are conducting it and I believe that's the sole purpose on why they are doing it. And that's the risk in behalf of investors wherein if the project will not work, do not deliver results or a scam that's the loss anyways I'm not saying all but most investors only want profit without taking a look in the value of it in the future.
September 01, 2018, 06:57:39 PM
All ICO with working product will happen only if we have ICO regulation, coz we alone can't do much thing as trash ICO boom is the side effect of cryptocurrency decentralization
September 01, 2018, 06:28:10 PM
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 it directs 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.
This idea, of course, is good. However, to implement it, you need to create a special body that will decide who to conduct ICO, and who does not. There will be another bureaucratic body, in which corruption will surely thrive, because very large amounts of money will be constantly involved here. As a result, good and promising ICO projects that will not give bribes will not be allowed to conduct an ICO. So let it be better as it is. It is necessary for states to check and register only ICO teams, checking them only for the possibility of fraud on their part, and they should not interfere with the essence of the project. Only in this way will we be able to obtain independent and diverse projects, and let the market determine which of them is needed by society, and which one is not needed. Investors also need to delve deeply into the ICO projects and invest only in the best of them. Then everything will be all right.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 01, 2018, 12:33:04 PM
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 agree on you, many projects nowadays are just useless and nothing but a mere illusions, and an after being listed on the few exchanges, it will be dump because of the certain reasons, first would be their product is not that useful to the community, or no working product at all, this is one of the basis of the dumpers in trading, they really want to liquidate their assets, and make some money. I hope developers could understand the need for making a real project, not just an illusions.
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