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Topic: Never invest no product ICOs - page 4. (Read 6774 times)

full member
Activity: 602
Merit: 101
September 14, 2018, 08:36:26 AM
This is a reasonable statement, but what will happen with projects that do not have the opportunity to buy now normal developers who could make at least a prototype? This is also not right, we need something else.
newbie
Activity: 27
Merit: 0
September 14, 2018, 08:31:51 AM
I am currently no longer investing in ICOs. Because there have been many victims who have been affected by the ICO Project which is Scam. And that is very detrimental and reduces the positive image of the ICO. I think if you want to invest in the ICO, you should first carefully and be careful in making decisions.
member
Activity: 532
Merit: 41
https://emirex.com
September 14, 2018, 06:13:01 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, a lot of nowadays have no working product, i would totally discourage this type of ICO or project to be invested even a single cent, this is because, as far as my experience is concerned, a lot of this project would end up just collecting money and then go away and gone.

Be more cautious when investing any ICO guys.
member
Activity: 171
Merit: 14
September 14, 2018, 06:08:20 AM
This is not the case, you may have suffered setbacks in ICO investment. But it does not mean that ICO itself is not good, but now it is only a downturn in the market. If it is a bull market now, ICO will make you earn a lot.
newbie
Activity: 134
Merit: 0
September 14, 2018, 05:16:46 AM
I agree with you mate, but the problem is that it is common even for an ordinary fund raising activity like an ico to be successful yet fail to make their intended product sellable because of lack of interest or great competition barrier.
full member
Activity: 588
Merit: 101
September 14, 2018, 05:13:03 AM
Most ICOs are like scam projects aimed on collecting money and creation a clouds of pink mist for users so wouldnt understand in what really they put their money. It is necessary to be aware with ICO.

Unfortunately this information is correct. Many investors do not want to investigate the ICO on their own until they are deceived by scammers.
newbie
Activity: 42
Merit: 0
September 14, 2018, 04:28:55 AM
I don't agree with your point of view. Your view is too pessimistic. We can't deny that there are some ICO project scams in the encryption market, but not all ICO projects are scams. The investment risk of ICO projects is here. We want Doing it is to seriously study the ICO project, learn to screen, and wait for you to find a quality ICO project that may change your point of view.
newbie
Activity: 69
Merit: 0
September 14, 2018, 04:27:55 AM
No product ICOs have nothing to offer and such there is no need and use for their coins in the real word which means that these coins have a limited amount of time to spend in the market before they die. It is way too risky to invest in such an ICO.
full member
Activity: 336
Merit: 100
September 14, 2018, 04:18:33 AM
Most ICOs are like scam projects aimed on collecting money and creation a clouds of pink mist for users so wouldnt understand in what really they put their money. It is necessary to be aware with ICO.
jr. member
Activity: 154
Merit: 1
September 14, 2018, 04:00:58 AM
I have heard about an amount of good ICOs without products and I don't think that it is so bad for the lack of this one. I prefer worthy projects and their descriptions are not so important.
newbie
Activity: 26
Merit: 0
September 14, 2018, 01:38:27 AM
Who would invest to ICO that has no product? Only people who wants to be a millionaire in just a week would do that ! Thats why many people get scam because they promise that it will reach this value in some months like Legitcoin
hero member
Activity: 837
Merit: 500
September 14, 2018, 01:22:03 AM
I think the most ico has no working porduct. So if you go for these detail, you could not invest in any initial coin offering out there. The most groups start and initial coin offering because they had an idea but no money to realize these product. So instead of giving such bad advice, you should maybe give advice what they have to watch before they invest in initial token offerings.
At least monitor or get updates on their backgrounds before entering. Some of the team or advisor might already built some products that they want to risk their name if the ICO will be scammed, having a team who seems legit and works with products before can be a good start to identify their legitimacy.
newbie
Activity: 70
Merit: 0
September 14, 2018, 01:18:23 AM
It is really assuring for an ICO to have a product on their said project this is because many people can see the growth and development of the project based on the product. Most of the time people are experiencing scams in different ICO and that is why people are cautious to invest in an ICO. Investors tend to invest on something that they see the product for development and not merely theory and mostly successful ICO project are projects with a valueable and beneficial product.
newbie
Activity: 98
Merit: 0
September 14, 2018, 01:17:29 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 and that's why i choose gcox acm coin to invest
jr. member
Activity: 252
Merit: 1
September 14, 2018, 01:13:54 AM
There are a lot of scams that don't involve products or risk that aren't worth it these days, and it's better to find a good and promising company. Companies with products are more likely to succeed in the future.
full member
Activity: 336
Merit: 102
September 14, 2018, 01:04:34 AM
I think the most ico has no working porduct. So if you go for these detail, you could not invest in any initial coin offering out there. The most groups start and initial coin offering because they had an idea but no money to realize these product. So instead of giving such bad advice, you should maybe give advice what they have to watch before they invest in initial token offerings.
jr. member
Activity: 49
Merit: 1
September 14, 2018, 12:58:08 AM
Indeed, its great to put resources into ICOs that has item as opposed to those that just come just to obtain assets and watch the market for pump and dump to get individuals in include, some still have item however doesn't have that vitality or good to drive it forward, so ico having item still rely upon the group in the event that they can truly influence it to succeed.
jr. member
Activity: 364
Merit: 4
September 14, 2018, 12:54:52 AM
There are many criteria for evaluating a good ICO project. If you are not knowledgeable, best or refer to the ICO review sites
Such as: ICO Drops, ICO Review...
newbie
Activity: 54
Merit: 0
September 14, 2018, 12:40:49 AM
I myself trust that the ICO with the prepared item is greatly improved than no item. Prepared Product ICO might be all the more encouraging particularly for what's to come. We can spare and hold the coins or tokens for a few months r years. In this way, when numerous more individuals require the token or coin to purchase or utilize the item, we can offer them in higher cost.
sr. member
Activity: 700
Merit: 251
September 14, 2018, 12:37:14 AM
some ICO indeed always provide products at the start they made to attract investors. but many are also among the ones that don't have the products and wait for the availability of funds in advance. Indeed there is the obvious product will have more assurance in the results since more investors certainly have the correct trust because of real results. It became the attraction of confidence in investment.
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