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Topic: Never invest no product ICOs - page 45. (Read 6803 times)

sr. member
Activity: 532
Merit: 253
June 03, 2018, 03:47:22 PM
Investing in ICO with no product can be good only if you strongly believe in team, idea and so on. on my own, i would choose and ICO with working product and strong partners. By the way, it is still a strong risk that your investment will be loos, but you will cut part of these risks
newbie
Activity: 138
Merit: 0
June 03, 2018, 03:43:30 PM
I agree.  Investing in a company without a product is a bad idea.
full member
Activity: 308
Merit: 101
June 02, 2018, 04:33:47 PM
I think this is one of the many reasons why initial coin offering (ICO) need to be regulated because out of thousands of ICO only view of them are reliable and worthy
newbie
Activity: 202
Merit: 0
June 02, 2018, 04:32:02 PM
Yes it is safer to invest in products which have a working prototype.There is no point of investing in projects which does not have a specific products that there project base on. However there are exceptions as well. For project which have very good team and excellent idea ,sometimes i invest in coin like that. Since the risk is high the return is high as well.The key is to do your due diligence properly.
member
Activity: 462
Merit: 13
June 02, 2018, 04:28:03 PM
Yes, when it comes to choosing an ICO that will not just get past the iCO level, but that which will last long in the crypto space is an ICO with value, which must have a good product. Although, it is possible that such product might later become obsolete, but that at least, it will  work for some time.
jr. member
Activity: 139
Merit: 1
June 02, 2018, 04:21:26 PM
If the company does not have a product, then I would not advise investing in it.  It is better to find another company.
newbie
Activity: 98
Merit: 0
June 02, 2018, 12:19:38 PM
I agree.  It is better not to risk and not invest in such companies.  Because it's a very big chance to lose all the money.
full member
Activity: 378
Merit: 100
June 02, 2018, 09:52:29 AM
I think there has to be a fine balance, never say never but with the current trends and plethora of project it makes sense to see some evidence that the team has the capability to deliver what has been promised at least a test alpha of a product. There are ICOs as well that uses the investments just to stsrt their company or whatever project they have, which is a good thing. Existing platforms that created coins for their products are the best of course, but others can be useful as well. Just research on the stuff the you need to before investing on anything.
newbie
Activity: 17
Merit: 0
June 02, 2018, 09:05:04 AM
I think that's a good statement. a good and big ICO should have a clear direction. Including also proves its achievement in real. Not just a work plan or project plan. But if it is realized in the form of a product or something like that I think it will be more convincing.
full member
Activity: 434
Merit: 107
June 02, 2018, 05:01:15 AM
Definitely I agree with you. Investors should know what they are investing in and there must be a product not only a dream.
newbie
Activity: 21
Merit: 0
June 02, 2018, 04:42:05 AM
come to think of it if there were no icos for innovative products? and it is not always a good investment on icos that have existing products. it is always a risk when it comes to business.   Wink
sr. member
Activity: 615
Merit: 258
June 02, 2018, 12:10:24 AM
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.
sr. member
Activity: 475
Merit: 253
ARCS - A New World Token
June 02, 2018, 12:01:37 AM
I do not always join ICO, but when I do I pretty make sure that the ICO has an existing working product that they can show. Most of the successful ICO I participated are exchange sites because exchange sites is already a proven working service/product thats why people buys them.
newbie
Activity: 14
Merit: 0
June 01, 2018, 11:51:17 PM
Due to the fact that many ideas are really original and very promising around the ICO created hype. Therefore, many people are ready to invest in ICO because they are impressed with the idea and confident in the success of the project.
newbie
Activity: 181
Merit: 0
June 01, 2018, 11:18:43 AM
I completely agree.  If the company does not have a product, then there is a very big chance that this is a scam project.
full member
Activity: 252
Merit: 102
OPEN Platform - Powering Blockchain Acceptance
June 01, 2018, 09:43:05 AM
why not try to invest in some popular and promising project? after all, the only way you will understand what they really are
copper member
Activity: 238
Merit: 0
June 01, 2018, 09:21:54 AM
There are many product ICOs are exceptional because they have a potential team and support investors.but some ICOs no product succeed in their token sale.I don't think I have this courage.
newbie
Activity: 98
Merit: 0
June 01, 2018, 08:24:52 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. In our time there are actually no projects that have a finished product, even few projects who have at least a beta version ...
Why it is not enough? Grin
KickCity - work long-long time
digital ticks - mobile app is running
Arkona -  already successful modeled its ideas 2 times
Luckchemy - have 2 or 3 games on the website, I don't remember
And many, many others. Wink

 These guys have something to show. It is necessary be able to search such projects!
member
Activity: 224
Merit: 10
June 01, 2018, 08:02:49 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. In our time there are actually no projects that have a finished product, even few projects who have at least a beta version ...
newbie
Activity: 18
Merit: 0
June 01, 2018, 07:43:58 AM
When you invest in no-product ICO you give your money on product development and you support dev team which tries to change the world(if you choose the right project)
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