Topic: Never invest no product ICOs - page 48. (Read 6794 times)
Sometimes choosing an ICO with already have a working product is good. It can make you good assurance that the ICO you are participating with has a chance to be successful. Not like other ICO that is their product is just still based on theory which can also have a chance to be a scam. Better invest in ICO that has a tested product to ensure that it is legit and has a big chance to be on top.
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.
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.
you're absolutely right, the ICOs with already working products are much more turstworthy projects which makes the investment less risky. I wouldn't say though that the ICOs without working product are all bad, they're just at their earlier stage.
At the ICO, participants invest in a certain idea and attract funds for the development of the project through the primary sale of the company's software products – tokens. A software product is a token that is sold to an unlimited number of people.
I agree with you. Investing in ICOs with MVPs are a must. Not just a demo or some idea that hasn't been acted on. With the product with at least a few users will be a good one to invest in.
In the crypt, there are many projects that simply can not dial soft cap because of bad advertising or because of the public interest. Scam is not the only obstacle ..
ICO projects currently do not have official products or have products like online wallets for Altcoin of that project and do not bring many practical benefits. ICO projections are geared towards profitability and profitability that investors are always interested. 
ICO is an important component in the cryptocurrency ecosystem. It greatly influenced the development of crypto. However, the problem of ICO SCAM is still very much
there is 4 things you should always looks at before investing in ICOs:
1- all-start team: team that have big experience and worked in big companies such google, ibm and facebook. atleast on of the team members have a blockchain experience.
2- solid idea: invest in ICOs that have solve real world problems, infrastructures for building Dapps...
3- working product: atleast have MVP or Alpha or Beta so you can test it before you put your money in.
4- do your own research.
1- all-start team: team that have big experience and worked in big companies such google, ibm and facebook. atleast on of the team members have a blockchain experience.
2- solid idea: invest in ICOs that have solve real world problems, infrastructures for building Dapps...
3- working product: atleast have MVP or Alpha or Beta so you can test it before you put your money in.
4- do your own research.
That's 95% of ICOs out then lol
Yes that right but working product without strong community also will be make the project failed, combination of awesome working product and great team with strong community that will support the project will make they will successfully.
Why is that? I for example have already invested twice, and both times quite well, a profit of more than 10 000 thousand dollars. So you just need to know where to invest, and if you do not have a good experience then I sympathize.
but what about those who have good ideas, but so far there are no products, there are not many such ones, but they are also for them, including those invented by ICO
Perhaps the understanding of each person is different, because in fact the purpose of buying ico is not the same as buying shares in general.
And I think in fact some ico who have real projects are also difficult to get support as expected.
And I think in fact some ico who have real projects are also difficult to get support as expected.
If we bring our thinking to a more advanced level, it seems reasonable if ico with a real product will survive in the future. But perhaps in crypto, the price valuation has not been determined with such a system, and the purpose of buying ico now is to wait for someone to buy it at a higher price.
Probably only about 2-3% of all ico have live products. And unfortunately they do not look completely different from ico in general. And of the hundreds of ico that take place at the same time, distinguishing them is not an easy thing.
yes I agree with you, because in my opinion if ICO that does not have a product of opportunity to make the ICO scam is a very big, therefore I rarely participate in ICO that do not have product.
It seems that with so many current ico, we do not really have time to learn all the projects one by one. Of course ico that has a real product is a good thing. But in fact they are also not always successful, as happens in real estate products for example, this is because the perception of similarities have not been formed in this community.
I think it depends on the ICO. If you read the whitepaper and do your proper research and still believe in it, you might want to consider investing.
Thank you, I learn something about this post. If I will invest in the future, one of my basis is the product of an ICO. I will base not just in project ideas but in product.
Those ICO's with products are a great project that can proves they are worth investing. So better invest those ico with products this will calm you to the point that you are confident to invest your money.
Yes, I agree. Of course we all need to be quite careful when investing, especially if it is a new project for us. but never give up! Jump to: