Never invest no product ICOs - page 24.

Marcsymon

member

Activity: 322

Merit: 10

Quote from: Artos893 on July 28, 2018, 08:07:19 AM

I think now there is even more scam of projects and therefore it is better not to risk and invest in companies where they eat the product.

Yes it is not good to invest in ICO's with no products because it is a waste of time and at the end it will become nothing or scam. So it is better to make a deep research before investing an ICO and make it sure that its product is good that investors eager to invest because of the good project platforms.

Artos893

newbie

Activity: 183

Merit: 0

I think now there is even more scam of projects and therefore it is better not to risk and invest in companies where they eat the product.

stasik201330

member

Activity: 476

Merit: 10

Quote from: nodav on January 16, 2018, 06:29:59 AM

I agree with you. When a product or working prototype, it gives more confidence in the successful completion of the project. After all, before the ICO to create a prototype, the company worked and found investments, it means that it really works, has experience, knows the weak points of the project and will overcome them.
ICO without product are like a scam

Yes, I agree with you. Without the product, ICO is most often a fraud. And before investing your money, you need to make sure that the company is already working and has its own product.

Qurilio

newbie

Activity: 16

Merit: 0

Today, ICO is an imperative segment in the cryptographic money biological system. It incredibly impacted the advancement of crypto. Be that as it may, the issue of ICO SCAM is still in particular. Numerous individuals have put resources into the ICO Scam with significant harm. Be that as it may, there are as yet potential ICOs with down to earth utility and esteem. It is as yet an extraordinary hypothesis to raise tremendous benefits. Precisely and check the DEV gathering, technique, improvement trail, whitepaper to constrain Scam issues. ICO is a fortune in the event that it is put resources into the perfect time and the correct battle.

bitcoindian

newbie

Activity: 224

Merit: 0

Yes, there are many companies which don't have real interest towards developing what they mentioned in the roadmap, there are many scam projects like this, sometimes it is impossible to find at the initial stages of their ICO. So it is always good to invest in potential after releasing of their products.

Emmanueldolapo

copper member

Activity: 31

Merit: 0

Although it may look to seems so that ico with no product looks boring and takes more time to reach a usefulness stage.
ICOS with products do take long time to reach completion and for the tokens to be useful, the production stage must have been completed so as for the tokens to be useful. Some make use of platforms that uses their tokens to fuel the platform making the token to have a good value

maot4

full member

Activity: 392

Merit: 102

I agree that the blockchain/crypto space has advanced a lot and gone are the days when communities invest in just whitepapers, some level of prodcut proof or proof of concept has to exist

bitivan

newbie

Activity: 105

Merit: 0

I agree that the product is one of the key things that shows the project is not a scam. There are so many projects that can offer only promises, but it's not enough for me.

moshk555

member

Activity: 224

Merit: 10

I would rather disagree with the statement and the main cause of that is an initial coin offering that I have seen a few days ago. This coin has been built on the bases of multiple agricultural products rather than a service provider and its name is agro-tech

bitcon

legendary

Activity: 2212

Merit: 1008

I am sure that most users have reasonable doubts about the profitability of the startup projects in the field of cryptocurrencies. But having doubts does not mean that you should not participate in ICO campaigns at all! Just check rank of website - this is first step to understand! (use Similarweb website)

blinkin

newbie

Activity: 168

Merit: 0

It seems to me to invest in a company without a product worth it, but you should invest only the money that you are not afraid to lose.

BruceJu

member

Activity: 378

Merit: 10

Fast, Smart, Trustworthy

This is a smart way. ICO does have a lot of risks, but many people think that investment is a gambling game. I don't think so. I think the best way to invest is to be safe, otherwise it will be a waste of time.

Coltpython

member

Activity: 700

Merit: 11

Many of these ICOs have no meaningful way in which their tokens can be useful to their project. I mean, if the project is really sustainable and dependent on their tokens, definitely the token price or value will go up but since this is not the case, we will keep having many failed projects

Tosyn2

member

Activity: 566

Merit: 10

Quote from: aleksandra_kickcity on January 16, 2018, 06:16:39 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.

I commend your analysis i.e the main reason you invest in ico, there are many people who do not check those things before investing, it is important to make an adequate findings before you invest.

yayat

full member

Activity: 434

Merit: 102

Quote from: aleksandra_kickcity on January 16, 2018, 06:16:39 AM

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.

This is just according to my attitude, to avoid the ico time that has been delayed, it's better to just join the bounty that has reached Sofcap.

One more thing, look for the ico website that displays how many coins are sold, so there is no manipulation in the amount of prizes.

MilesEldwin

newbie

Activity: 162

Merit: 0

Quote from: aleksandra_kickcity on January 16, 2018, 06:16:39 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.

I totally agree. If they already did something that mean they have the real team, something can without investment. So I found Liven as a legit and reliable project. They are an existing business in Australia since 2014 which makes me kinda bullish because it’s hard to catch such projects these.

arkawa040

member

Activity: 434

Merit: 10

Quote from: aleksandra_kickcity on January 16, 2018, 06:16:39 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.

all that you say is true, but buying tokens of the company that has already passed the ICO you will not receive an additional reward in the form of bonuses, and as they say who does not risk that does not drink champagne, investing in any cryptocurrency is the risk that we make every day, as the market can not be controlled and

hovrah

sr. member

Activity: 756

Merit: 250

Quote from: mirgo1791 on July 23, 2018, 10:35:40 AM

as service to be delivered with chance as developer to works with decision as applying strategics to gains with limit on customs on unit with indication as referring use of finest on returns as the manage of exhibition on attains with the field of business with the crypto finance.

It seems to me that the main attraction of the company ico is based on the final product. It is much more profitable to show for the investor either a finished product or at least the development of an end result. Investors in this regard will be more active than talking about images only.

Lukas Tarantas

member

Activity: 224

Merit: 10

Today, investments in ICO are the most risky. If you buy a project coin that does not have a real product, but only promises something abstract, then in most cases you will remain at a loss.

twicezeroiszero

hero member

Activity: 840

Merit: 500

Borderless for People, Frictionless for Banks

Quote from: bitkolik on July 23, 2018, 08:16:33 AM

If the team does not have a product, but there is a good idea, it does not mean that nothing will come of it. There are so many smart people with good ideas. But they do not have the finance to implement these ideas. But the fact that there are very few such projects is a fact.

Haha, the real investors just care the product, project, etc. they invest can make a profit or not.
Example Shark Tank Investment Program, do you know this program?
In this program, if you do not have any clearly result, good analytic, idea and product, you will never have an investment from the Sharks. That is the rule.

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