Never invest no product ICOs - page 34.

Icologies

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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.

yes I agree with your opinion. should indeed be so if ICO does not have a clear product should not invest in it. better to invest in ICO products that have been so and clear, it will minimize the risk that will be accepted. and do not forget if you want to invest better to analyze the ICO first.

Kennyflex

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Yeah, better invest in icos that already have a working product or at least a decent demo of what they are gonna do. It's miles better than waiting for a long time until they release their alpha version and wait more until the commercial release. If there's demo then at least the team prepare a lot for the ico and serious about their project.

Winnerschapel

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Iabsolutely agree with the thesis that it is better to invest in projects that have products at hand. However, during the time when many projects attract millions of dollars with just plans to create something and prices of their tokens go straight to the north just after ICOs, it is very easy to lose patience and attention, looking for a worthwhile project.

lamacchia

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Yes that is true and this is the good point when you are investing in ICO or being a bounty hunter. ICO with product are more trusted and possibly become a huge project if the product is good enough.

Titonioii

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I also think so. I will choose and trust the ICO project that already has the previous product. It will be more clear where the direction, process, progress and real what will be developed.

kendedes

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I also wonder about this. Investing in an ICO with no product is quite risky. Generally, in choosing an ICO, one criterion that I consider or analyze is the product as stated clearly on the whitepaper. With the real and clear product in the future, I'm sure that the price can rise exactly although need some months or year.

mstfprcn

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I will choose and trust the ICO project that already has the previous product. It will be more clear where the direction, process, progress and real what will be developed.

InKiTy38

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Is that possible? It depends on what they have achieved. The ico product speaks to the crystalline as well as the shadows of the founders and executives as you invest in it. Learn about the product it brings us

KaramazovBro

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Sometimes it's hard to know if developers have a real product. The white paper is made professionally, the site looks solid, so the impression of the young successful team is formed. But in fact, all this may not be.

kencot

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I will also behave not to choose ICO without the product. Currently many ICO are scam. In an effort to avoid that, we have to be picky. ICO with more products provides a clarity on how the project will work and where it goes.

Masyudhi

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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 agree with your solution. it is true do not invest without any ICO products because it is most likely to lead to fraud. it is better before investing make it a habit to analyze the ICO first and how the ICO is formed, especially the team and how many members join the ICO.

cryptomadu

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Activity: 350

Merit: 2

Agree, In most cases they could be scam ICOs. If an ICO has a viable product then the chances for being success are much higher.

RiannaPal28

newbie

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I totally agree with this. With so many ICOs coming out right now, it's always a good idea to check if they already have a product out in the market. One good example of an ICO with an established MVP is Vlux. Their product is Verv, a home energy assistant that gives you intelligent information about home appliances. Check out their website for more info https://vlux.io/

bighok353

newbie

Activity: 102

Merit: 0

Never dare to say it, at least for the time being, I will not invest in it. Like ico is unstable, there are still many scams. As a new person you cannot judge, so it is better not to invest.

Suslived

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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.

Absolutely true. ICOs that have no product and just pure theory, are extremely risky investment products that are more often than not, scams perpetrated for the sole purpose of extorting money from the witless investor without any intention to completely follow through with published plans.

I would never bet my money on crypto ICOs that have nothing to show for.

bundjoie02

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Quote from: kulanumbua9x on June 29, 2018, 05:43:10 AM

I also think so. I will choose and trust the ICO project that already has the previous product. It will be more clear where the direction, process, progress and real what will be developed.

I don't think it is required to have a product before you invest in any ICO, I don't think it's necessary to have that, just find a good ICO and check their development team and always do some research before putting any investment to it.

syusk82

newbie

Activity: 80

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I believe there are many ico's without their own products. They are all liars. I was cheated by them. So I'm very cautious about investing in ico. Now I invest in ico with products

Flor1982

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Well, this is already a common thing for an ICO that they should have products to introduce and not just an ordinary product but its should be feasible to the masses so that it could attract more people to invest unlike Bitcoin that have already build a foundation of trust among the investors that is why it won't need commodities to promote just to attract more investors.

zaluzi kroos

newbie

Activity: 69

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If that your choice so be it but there are saying patience is a virtue so if you wait for those no product ICO you might get a lot of profits and also if you dont want to go in ICO that has no product why go to trading

Niklomn

newbie

Activity: 196

Merit: 0

I agree that investing in a company without a product is a very big risk. But there are good companies without a product.

Topic: Never invest no product ICOs - page 34. (Read 6774 times)