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Topic: Never invest no product ICOs - page 63. (Read 6774 times)

newbie
Activity: 120
Merit: 0
January 19, 2018, 12:20:28 PM
#84
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.

Nice advertisement trick for KickCity. Dear Alexandra, tell me then why does KickCity needs a post made by a member of their Community Team for promotion? Why people themselves are not discussing your project? Maybe because they doesn't trust in it?
full member
Activity: 406
Merit: 100
January 19, 2018, 12:10:57 PM
#83
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 can't agree more with you , let's press against the un-producted icos, most of them are scams , let's invest our money into real projects which can help people in real life with the block chain technology.

there are a lot of projects helping people with ready-made product
sr. member
Activity: 308
Merit: 250
January 19, 2018, 11:50:46 AM
#82
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 can't agree more with you , let's press against the un-producted icos, most of them are scams , let's invest our money into real projects which can help people in real life with the block chain technology.
hero member
Activity: 2436
Merit: 503
Cryptocasino.com
January 19, 2018, 11:44:37 AM
#81
I agree, A ICO with a working product is 100 times better than one with just a white paper and a concept / promise to do something. Makes me feel easier investing.
Because the product can attract the new investors or people to invest their money into the project itself. As i can see how santiment platform rise a lot since the developers already built a working product for us to gain market data platform through our mobile apps and that's really useful at all.
member
Activity: 566
Merit: 13
January 19, 2018, 11:39:03 AM
#80
Many new coin that use ICO or Initial Coin Offering method is the main attraction for the business of cryptocurrency in the world. Because most of the already launched ICO is proven to provide high profits. While it is advantageous you also need to understand what are the advantages and disadvantages of ICO as investment..

that is also true. And what do you think about KickCity?
I am also very confident with this project although formerly ICO rather slow but looks cool, Grin.. Continuous liquidity - because purchases and liquidation are done through smart contract, smart token is always changing, regardless of volume trade them.(Hope this really happens).

you could visit Telegram community for more information https://t.me/kickcity_chat
Hello ..
Thanks for the information, I've watched some people comment in the group..

This is an open chat and everyone has a right to leave a comment
Although only 600 members but look cool to ask each other ..I think the telegram group is going big fast. (certainly many will join).

yeah. it is small but live. and you can talk to the team there

It is a normal situation. And this is much better when there is 3000 subscribers and nobody feedback them
full member
Activity: 406
Merit: 100
January 19, 2018, 11:15:35 AM
#79
Many new coin that use ICO or Initial Coin Offering method is the main attraction for the business of cryptocurrency in the world. Because most of the already launched ICO is proven to provide high profits. While it is advantageous you also need to understand what are the advantages and disadvantages of ICO as investment..

that is also true. And what do you think about KickCity?
I am also very confident with this project although formerly ICO rather slow but looks cool, Grin.. Continuous liquidity - because purchases and liquidation are done through smart contract, smart token is always changing, regardless of volume trade them.(Hope this really happens).

you could visit Telegram community for more information https://t.me/kickcity_chat
Hello ..
Thanks for the information, I've watched some people comment in the group..

This is an open chat and everyone has a right to leave a comment
Although only 600 members but look cool to ask each other ..I think the telegram group is going big fast. (certainly many will join).

yeah. it is small but live. and you can talk to the team there
member
Activity: 278
Merit: 11
January 19, 2018, 10:26:13 AM
#78
I agree, A ICO with a working product is 100 times better than one with just a white paper and a concept / promise to do something. Makes me feel easier investing.
full member
Activity: 308
Merit: 101
FXPay.io
January 19, 2018, 10:24:27 AM
#77
Many new coin that use ICO or Initial Coin Offering method is the main attraction for the business of cryptocurrency in the world. Because most of the already launched ICO is proven to provide high profits. While it is advantageous you also need to understand what are the advantages and disadvantages of ICO as investment..

that is also true. And what do you think about KickCity?
I am also very confident with this project although formerly ICO rather slow but looks cool, Grin.. Continuous liquidity - because purchases and liquidation are done through smart contract, smart token is always changing, regardless of volume trade them.(Hope this really happens).

you could visit Telegram community for more information https://t.me/kickcity_chat
Hello ..
Thanks for the information, I've watched some people comment in the group..

This is an open chat and everyone has a right to leave a comment
Although only 600 members but look cool to ask each other ..I think the telegram group is going big fast. (certainly many will join).
member
Activity: 140
Merit: 14
January 19, 2018, 10:17:03 AM
#76
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, ico without running products is a lie. What do we pay for an idea? does the idea guarantee? of course not, we need a proof not an idea.

If so why do you advirtise ArcBlock, they don't have any product yet, but have a good idea. Good idea and good team sometimes can cost more than some ready made product.
hero member
Activity: 1358
Merit: 834
January 19, 2018, 10:05:06 AM
#75
Traditionally it's called "venture capital", which in some cases invests in "ideas" with no finished product. The risks are astronomical but so are the returns. It's always just a matter of the investors due diligence and proper hedging, hence you can't just make definitive statements like "never invest in X" or "always invest in Y".
full member
Activity: 406
Merit: 100
January 19, 2018, 10:03:26 AM
#74
Because it is the way of the system. There have been a lot of very successful ICOs without a working product, so it is not needed. Personally I agree with you. I prefer to have a product I can see and look at before I invest. I think this will change this year as more and more people are learning about cryptocurrencies and ICOs will need to grow investors confidence.

yeah. For example, KickCity team is concentrated now on developing the product. It has a working platform, however, it needs some changes. So it will be possible to test the product the next week
newbie
Activity: 87
Merit: 0
January 19, 2018, 09:37:26 AM
#73
Because it is the way of the system. There have been a lot of very successful ICOs without a working product, so it is not needed. Personally I agree with you. I prefer to have a product I can see and look at before I invest. I think this will change this year as more and more people are learning about cryptocurrencies and ICOs will need to grow investors confidence.
member
Activity: 164
Merit: 10
January 19, 2018, 08:24:08 AM
#72
You are right. Right now the competition is so big, that you just need to have some kind of beta version to even have a chance in attracting potential investors and thats good. But there are still some projects without anything to show but still raise a lot of money in ICOs.
member
Activity: 490
Merit: 10
January 19, 2018, 08:13:32 AM
#71
It will be helpful to find a list of the promising product ICOs. Now all my believes only with E-CHAT ICO.
member
Activity: 854
Merit: 21
January 19, 2018, 08:03:40 AM
#70
The best ICOs to invest in are Blockchain ICOs
They create a platform and infrastructure for other blockchain projects are are going to last 10 times longer than decentralized Applications and they will give great ROI in very little time.
My recommendation is ArcBlock blockchain 3.0 ICO. This is the future of the blockchain, creating a platform for building and implementing decentralized applications.
member
Activity: 84
Merit: 11
January 19, 2018, 07:54:03 AM
#69
Yep. That's definitely true. That's why I support ICOs like Neurogress. I feel a lot calmer when I put my money in something working. That gives reassurance. No product ICOs can be considered only for short term. Very risky.
newbie
Activity: 85
Merit: 0
January 19, 2018, 07:27:18 AM
#68
I agree, I only invest into ICOs that have some sort of a working model as I can see what is going on. I would advise others to do this, I hope this trend continues.
hero member
Activity: 1316
Merit: 503
January 19, 2018, 03:07:00 AM
#67
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, ico without running products is a lie. What do we pay for an idea? does the idea guarantee? of course not, we need a proof not an idea.
newbie
Activity: 30
Merit: 0
January 19, 2018, 03:05:25 AM
#66
The probability that the ICO will prosper are those ICO with tangible products. Let us support those kind of ICO's, with this We can assure that the system will not collapse.
member
Activity: 262
Merit: 10
January 19, 2018, 02:51:20 AM
#65
This principle does not explain why some large firms not only produce nothing, but can still boast huge losses. It's still in PR and authority. For example, everyone knows Tesla is so unprofitable that someone else would have closed long ago. Even with state support they continue to be unprofitable, but at the same time investments continue. And it's not that they invest in the future (there are no such generosity in other projects), but that Tesla is held by those who are trusted. And it does not matter if there is an end product.
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