Topic: Never invest no product ICOs - page 35. (Read 6796 times)
projects with uncertain products do not make sense, how our investment will increase if the company does not have the products they trade. thinking logically will keep you from fraud.
This is a rule that has to be completely followed, and i am more than sure in that there isnt many people following this rule because they just want to make as much money as possible.
But i have seen a lot of ICOs being shitty nowadays, and that is because they do not have a 100% real product before launching their crowdsale.
But i have seen a lot of ICOs being shitty nowadays, and that is because they do not have a 100% real product before launching their crowdsale.
product for a project for me is the most important thing we must see before making an investment because with we choose the real product then the product can develop well if the project does not have a product, how can it develop ??
With a working product it gives the investors more confidence and assurance that a project is in the right track. A working product is always been in my check list before I invest in some ICO's.
You're right. Investing in a company without a product is a big risk and it's better not to do it.
YEah, invest in SOnder ICO - they have their own app now
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.
In this statement that you never invest no product ICOs, I’m agree about it because you should invest to earn income or profit in ICOs that can help you sustain your needs and wants as a person.
Your submission is quit reasonable, but not 100% correct, there are ICO without a working product that has perform quit very well, my concern at time is if you have a working product why come into the ICO platform again, but with good team and well developed realistic whitepaper I tends to follow, even without a an existing product.
I believe that the ICO sphere provides very wide opportunities for earning. And everyone chooses the most suitable method based on their individual situation. Who has money, invest, who does not have money - they earn money by bounty or some other way.
I have an even tougher approach. I am stating as follows: never invest in an ICO. Even good projects in the current market are significantly falling in price and do not bring the expected profit.
I agree with you. Right now there are so many projects that have only idea and looks like they only want to raise more money and nothing else.
It can be used as one in the list of tips for ICOs investment, if i would choose i will try to find some ICO that already have some product or service because it is less risk when it have some real use value.
In general, a token can go up in price after listing even without any product. But it is a good idea to choose ICOs with MVP only.
In most cases, yes, it's better not to risk and not invest in a company without a product.
I agree. The project should have an interesting idea. But it is also important that there are: an experienced team, a well-developed business plan and more.
In fact, this is the correct reasoning. Projects that have only an idea are untenable. If this project does not have a famous team, you can be sure that this project will ruin you.
I do agree that as far as ICO's are concerned we need to make sure that the ICO has an actual product capable of being used or utilized by its customers or clients. Even beta prototypes as fas as I am concerned is a sign that things are going as planned and that the ICO is not a scam.
This is a true fact. Most of these new crypto base decentralized project have just a concept. some are not even feasible and practical. They just meant to run an ICO and collect funds. The probability of them to fail is high. People should be vigilant when investing in an ICO.
Majority of these ICOs have no prototype /MVP but they're still doing pretty well. ICOs are basically ways to fund startups during their development phase and So I don't really see it as a necessity. Even ICOs with MVP don't perform upon being listed on exchanges. So the prototype may not be that important but a solid team and strong community are much more important.
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