Topic: Never invest no product ICOs - page 29. (Read 6803 times)
Yes, your suggestion is very worthy of adoption. The risk of ICO in 2018 is very large, and many people lose money. Therefore, it is not recommended that everyone invest in ICO. You can buy tokens directly.
You're right. This is a good way to reduce participation in false ICO. Most of the time, only products appear to be able to better talk about the future development potential.
due to the fact ICOs tokens are primarily based on actual value no body will like to invest on a mission with out know-how it are Objectivity and the way it'll strive inside the crypto world. To me i will by no means invest my tough earn money in any ICOs due to the unseen.
As far as I know, ico is being launched to raise money for the development of a product or service, but I have not yet seen ico with a finished product and especially a worker. But I think that when choosing ico it is necessary to pay what exactly the product is going to be created by the team. As an example, I can bring a new ico EOT. EOT plans to create a new decentralized gaming platform where there will be no only players but also game developers and their vengeance service. The platform will also be on different systems: Etherium, EOS and others. I think that the very idea of creating a platform already costs a lot, so the game direction is now trendy. As for the finished product, then you just need to keep track of information about how the project is being developed and whether work is being done on create a product or service.
It's not a bit of ICO which led to disappointing, but it all can be minimized when we do the filters in the ICO which is good and profitable future. for it to be properly cautious in selecting the ICO. It's a shame if the ICO is passed because it is very profitable.
There is risk . I always try to study to the maximum what ICO projects offer. I don't want to run into a Scam.
ICO without product is just an IDEA of how something could be helpul/useful/beautiful /whatever...We,being investors invest in a someones' dream ad expect that dreams come true. (Sometimes they are). Why people blame dreamers when the project didn't reach softcap? Everybody knew prior the investment that it was just an idea/dream? Of course I also sometimes really like projects with very good ideas (without product) but at the same time I realize that chances to loose investment are too high. And if I invest In such projects I'm ready to accept the bad result and the amount of investment would never be significant.
You can invest in a company without a product but also risk losing all the money much more. So be careful.
I think to invest in a project without a product is only if the company had previously successful projects. Maybe they are raising money for development, because it is also good.
You can invest in a company without a product but also risk losing all the money much more. So be careful.
Most of the projects have formerly can be named as whitewater ico that mean their idea is only on the paper with actually no code implemented, no MVP, no alpha, or beta software. They usually write a smart contract for ico and push it to GitHub
Sometimes ICO is carried out by companies that have already had a working product for a long time, they just decided to become a part of the crypto-currency world. Sometimes the new projects make the product first and only then spend the ICO.
I think that the main point is not product, main point is the idea itself. Maybe there might be non product ICO but the idea might work, so we should assess whether project has future.
idea is not worth investing, the product with the built idea is the most important, idea itself will nothing to do to the success of the project because if there is no product, there is no security.
Yes I agree. Investing in a company without a product is sometimes worthwhile, especially if the company has a good idea. But in most cases it's better not to take chances.
I strongly agree, why would a white paper with idea worth millions?
Do your research first before investing, there are many scam projects out there, dont fall into the trap
Even those with product may fail also sometimes if the product are useless
Do your research first before investing, there are many scam projects out there, dont fall into the trap
Even those with product may fail also sometimes if the product are useless
I think that the main point is not product, main point is the idea itself. Maybe there might be non product ICO but the idea might work, so we should assess whether project has future.
As much as ICO with existing product and service are worthy of investment, project with solid idea and capable developer should not be ignore either. Some of the most successful company are those company that has winning idea and better service. We should not be close minded when it comes to taking calculated risk that could lead to good profit. As long as it has strong team and good partnerships
I think investing in a company without a product is a risk. But there are successful companies without a product. Most time I can as invest in projects that has an mvp.
I also think that supporting projects that have nothing wrong, there are a lot of good projects that already have a lot of good and already available software for testing. In it and need to invest. This is just my opinion.
Do you know that existing project did not have anything up till the end of the ICO? Yes, when you are making an investment into the project without any product behind - you make a super really investment. However, don’t forget that the best projects started the development after the process of crowdfunding
You are right and most ICO are made to raise money and fund building the project. The problem is that now most of the investors are concerned of the scam projects that steal the money and disappear. I guess that most of the investors want to see that the project is started already and is not fake.
There are some good ICOs & scam ICOs , i will rate 90 % scam ICOs : 10% authenticated ICOs , so better to invest in free coins with good developers .
Yes , is good to invest in ICOs that has product rather than those that only come just to acquire funds and watch the market for pump and dump to get people in involve, some still have product but doesn't have that energy or moral to push it forward, so ico having product still depend on the team if they can really make it succeed .
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