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Topic: Never invest no product ICOs - page 11. (Read 6801 times)

member
Activity: 490
Merit: 11
August 26, 2018, 08:58:35 AM
This is a good idea and in most cases I would have made a choice in favor of such a project, which already has some kind of product, because this is a serious indicator for the project itself, I would probably still invest in this project than in any other .
newbie
Activity: 124
Merit: 0
August 26, 2018, 08:55:30 AM
I was wondering, why a lot of projects don't have such an important thing for a successful ICO as a product.

When a company has a product it means they have it to develop. In such case, a company shows why they need ICO and how the company will be growing. What is more, there is more trust because a company has experience in a field they are working.

For example, KickCity company that exists two years. KickCity an event platform that generates revenue and has a Helsinki government grant. KickCity needs ICO to make business bigger and to become a decentralized platform where every user is rewarded for ticket promotion.

On the other hand, no product ICOs can prove their success just in theory. There is no proof base that product will be developed and will be working right.

In such unstable industry as ICO everything has to be under control. The product is one of the things that shows the campaign is not a scam. That is why I believe it is better to invest in ready-made products ICOs.
Now a lot of scam projects and therefore it is very risky to invest in a company without a product.
member
Activity: 490
Merit: 10
August 26, 2018, 08:24:19 AM
all ico do have a product or a service because without it , then the ico will not be possible . product and service is not also the basis when we are choosing the right ico but rather , we need to look if they are trully legit by checking their info and contact details  . if a number or an email that you contact does not respond , then chances are that ico is really a scam . same as when locating their location .
The email address and telephone are the smallest things that you need to pay attention to during the analysis of the project. There are other things, such as the presence of repositories at GitHub.
full member
Activity: 756
Merit: 102
August 26, 2018, 08:08:56 AM
all ico do have a product or a service because without it , then the ico will not be possible . product and service is not also the basis when we are choosing the right ico but rather , we need to look if they are trully legit by checking their info and contact details  . if a number or an email that you contact does not respond , then chances are that ico is really a scam . same as when locating their location .
legendary
Activity: 2534
Merit: 1397
August 26, 2018, 08:04:23 AM
Exactly! Most of ICO nowadays are really trash, 100% scam. Almost of the ICOs nowadays are scam, let's say there are only 5% out of 100% are scam ICO, 90% are all scam. It is sad because there are still some people who always get scammed by these kind of ICO.
sr. member
Activity: 854
Merit: 250
August 26, 2018, 08:02:01 AM
Having a product is a guarantee that the project understands what it does. It is also information for investors about the relevance of the project idea and the chances of successful implementation on the market.
newbie
Activity: 75
Merit: 0
August 26, 2018, 07:53:12 AM
I agree with you. ICO without products is like a scam, why is one of the good ICO conditions a prototype, because it can prove if the project is really done
Due to the fact that many truly original and very promising ideas around the ICO create a sensation. Therefore, many people are ready to invest in ICO because they are impressed with the idea and confident in the success of the project.
Just do research about the things you need before investing in anything.
full member
Activity: 406
Merit: 100
August 26, 2018, 07:37:46 AM
Hi, everybody. In fact, I fully agree with your opinion. But really, first there should be a product, and then the ICO, so more confidence that the company is not a Scam and it really needs to develop and promote its product by collecting money.
jr. member
Activity: 210
Merit: 2
August 26, 2018, 07:07:35 AM
I was wondering, why a lot of projects don't have such an important thing for a successful ICO as a product.

When a company has a product it means they have it to develop. In such case, a company shows why they need ICO and how the company will be growing. What is more, there is more trust because a company has experience in a field they are working.

For example, KickCity company that exists two years. KickCity an event platform that generates revenue and has a Helsinki government grant. KickCity needs ICO to make business bigger and to become a decentralized platform where every user is rewarded for ticket promotion.

On the other hand, no product ICOs can prove their success just in theory. There is no proof base that product will be developed and will be working right.

In such unstable industry as ICO everything has to be under control. The product is one of the things that shows the campaign is not a scam. That is why I believe it is better to invest in ready-made products ICOs.

   You know every ICO has a different plan,purpose,goal,products,marketing strategy,evrything is different. Also there are ICO which not good,scam or failed but still there are god ICO out there like in my Signature "The Organicco" which is the purpose is to develop a green technology for the beautiful planet in the future. It' focused primarily on green technology related products. For more information you can visit...https://organicco.uk/
full member
Activity: 546
Merit: 100
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August 26, 2018, 06:51:38 AM
There are good ICO projects too, but it is very difficult to take part in them. And the other 90% of ICOs are really scam projects and it is very difficult to earn.
full member
Activity: 532
Merit: 100
August 26, 2018, 06:49:54 AM
Of course, we have to choose carefully ICO projects now because there are many scam projects on the market. But I can recommend you such ICO project as KamaGames - it is a profitable company with an estimated value of $500 million dollars and now they make their ICO.
jr. member
Activity: 302
Merit: 1
August 26, 2018, 06:44:12 AM
I support the author of the article in his opinion. Projects with a finished product cause much more confidence than absolute beginners. The finished product is an indicator that the project team has good experience and investments they need only for a more large-scale development.
full member
Activity: 602
Merit: 105
August 26, 2018, 06:39:14 AM
Not all the ICO projects without MPV are bad project, so you should always analyse all aspects of project by yourself and make the decision invest or not.
newbie
Activity: 85
Merit: 0
August 26, 2018, 06:30:16 AM
Investing in no product ICO should not be a  prohibition. In as much as projects with existing products are safer for investment, those without projects with verified teams and whitepapers should invested in as they have prospects. I agree that most project ICOs wihout existing products are scams.
newbie
Activity: 224
Merit: 0
August 26, 2018, 05:48:01 AM
You need to be careful in the ICO you invest your hard earned money in. Even some ICOs with products sometimes fail let alone those without product.
sr. member
Activity: 630
Merit: 258
August 26, 2018, 05:44:33 AM
Yes of course, never invest with no product ICOs
because theirs a possibility that they are not the real one cryptocurrency or company in this business because of the scammers that spread out everywhere.
full member
Activity: 228
Merit: 100
August 25, 2018, 08:40:18 AM
This is real never to invest in ICO without a product obviously the ICO without a product is scamm before tgoing to invest make sure check their website and their product.
full member
Activity: 644
Merit: 101
August 25, 2018, 08:38:36 AM
Yes, you should not invest in a company that does not have a product.  Now a lot of ICO scams and a very big chance to lose all the money.
I fully support you in this, because I believe that now you need to be very careful in order to fully have the opportunity to control the process of choosing a project for investment, especially if the project does not have a product, you need to be very careful.
full member
Activity: 728
Merit: 101
August 25, 2018, 08:38:25 AM
You're right, the product from the ICO reflects the serious intentions of the ICO team. If it's just a promise and an update on Facebook Twitter and their blog it's very ordinary. But when a product can be used by many people, the ICO team is worth considering.
newbie
Activity: 47
Merit: 0
August 25, 2018, 08:33:59 AM
it is obvious that the risk is a little less when the project has a product, but such a project can be fraudulent or not to collect the necessary amount and not be realized
Actually there are ICOs as well that uses the investments just to start their company or whatever project they have, which is a good thing. Existing platforms that created coins for their products are the best of course, but others can be useful as well. Just research on the stuff the you need to before investing on anything. Good luck.
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