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Topic: Never invest no product ICOs - page 8. (Read 6800 times)

newbie
Activity: 41
Merit: 0
September 05, 2018, 04:28:23 AM
Everyone has to think twice before investing anywhere
newbie
Activity: 109
Merit: 0
September 05, 2018, 04:27:41 AM
To be honest, I was very disappointed with ICO after the first half of this year, and the ICO I invested in was almost a loss. No ICO has made me make money, and ICO is now out of business because of human greed and cruelty.
member
Activity: 560
Merit: 10
YOUC - www.youengine.io
September 05, 2018, 04:25:38 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.

but some project need a funds to be collected first, than they can create a working product to launch.
For me, ICO is a long term investment. If you believe the project is good, why not put your money to support it ?
just make sure i do a research first about the project and find it legit, not scam.
newbie
Activity: 315
Merit: 0
September 04, 2018, 06:28:55 PM
there are a lot of motives that incude you to invest or not in ICO!
hero member
Activity: 994
Merit: 502
September 04, 2018, 06:10:42 PM
Agreed, and there were more ico's that has developed their working product only after it reaching a good sum of investment. In recent days the biggest scam that has happened through ico is the fortune ship backed ico by a Korean firm that has raised around $9million, but there is no such ship belonging to the respective firm. It belongs to the Russian government.
newbie
Activity: 150
Merit: 0
September 04, 2018, 06:05:45 PM
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.  If you invest in a company that does not have a product, then there is a very big chance that you will lose all the money.
member
Activity: 378
Merit: 10
EndChain - Complete Logistical Solution
September 04, 2018, 01:22:30 PM
yes I agree with you, because in my opinion if we invest in ico that is not a product then our risk of getting a scam is big.
full member
Activity: 854
Merit: 101
September 04, 2018, 12:43:51 PM
There are more people who believe in this way, never invest in a no product ICO.
Just remember guys product is different from service.
what if the ICO has a great service to offer like exchange?
this is good to invest right?
newbie
Activity: 238
Merit: 0
September 04, 2018, 12:42:35 PM
I agree, there are a lot of projects that are ready to send cryptocurrency to the moon or Mars, but the product is worth nothing, so study other information
The product stands, at least when it exists. Many projects simply spread the idea, collect money, transfer the idea to completely different people and go into the sunset with most of the raised funds.
member
Activity: 217
Merit: 22
September 04, 2018, 12:41:08 PM
I agree with this, a tangible product, a working prototype would be so much better than just something that is based on pure theory. ICO projects with products are more likely to convince and gain people's trust that their project is real and can provide a better view on its path to success since you already have the working prototype or the product itself. In this industry that is so risky why would you go for something so much riskier if there are project that can provide you more for lesser risks.
copper member
Activity: 196
Merit: 0
September 04, 2018, 12:19:32 PM
90% of projects do not have a finished product, and this is no reason not to invest in a strong team with a promising idea. This is where they startups, who will develop something new. Without support, there will be no opportunity for development.
newbie
Activity: 134
Merit: 0
September 04, 2018, 12:01:24 PM
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.

a good time of the day! I want to say that I completely agree with you, if the company has not only a business plan, but some proof of its activity, it inspires more confidence.
member
Activity: 182
Merit: 10
September 04, 2018, 11:45:16 AM
I think this is not true. Although now many people are noticed in fraudulent activities. This does not mean that there are no worthy companies for investment. Just need to put a lot of strength and desire.
newbie
Activity: 84
Merit: 0
September 04, 2018, 11:42:09 AM
I agree with you. When a product or working prototype, it gives more confidence in the successful completion of the project. After all, before the ICO to create a prototype, the company worked and found investments, it means that it really works, has experience, knows the weak points of the project and will overcome them.
ICO without product are like a scam
absolutely what you say, I really agree with your opinion.

Note: Currently there are so many ICO fraud projects
jr. member
Activity: 162
Merit: 1
GPTCash Weekly Airdrop: https://discord.gg/YHngU9x
September 04, 2018, 11:37:11 AM
I was a victim many times over when it comes to investing in ico with no products. I was so naive then that i believed that the projects have potentials because they were featured as ads in coinmarketcap, facebook, and other big social media.

Now i learned my lesson from bad experiences and i always do research before i invest.
jr. member
Activity: 238
Merit: 1
September 04, 2018, 11:35:18 AM
I agree, there are a lot of projects that are ready to send cryptocurrency to the moon or Mars, but the product is worth nothing, so study other information
newbie
Activity: 658
Merit: 0
September 04, 2018, 11:33:33 AM
It is difficult to trust an ICO with no product. With ICO's volume, others are scams. So even though ICO has few enough to support, the very important it's legit and not thieves and you know the project is meaningful.
member
Activity: 644
Merit: 10
September 04, 2018, 11:28:20 AM
What you say is I think correct. Products in an ICO I think this is very important and must be observed. If ICO project without this product need to be questionable because this product is very important and makes people who would be interested in investing.
jr. member
Activity: 238
Merit: 5
https://www.jacs.tech/
September 04, 2018, 11:26:31 AM
Yes, a lot of money was stolen by those companies that went to ICO without their own product. I do not understand why people invest their money in such projects. The probability of success is extremely low. Fondly. It is necessary to choose projects for investment more carefully. Even if you only have $50.
jr. member
Activity: 322
Merit: 6
September 04, 2018, 11:13:06 AM
Do not easily believe in the emergence of a new ICO. You should always analyze the ICO that you want to follow or the new ICO, many of them who have a purpose just to cheat you. Moreover, in the ICO that does not have a product, it needs to be suspected and watched out. What will you promote if there are no products they create. Expectations will also be thinner to be able to get returns on investment returns.
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