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Quite often I find here opinions like: "...they have a very strong team, a working product since number of months... so I will invest!" and every time I think WHY do they need ICO?
It seems to me that having competitive product ready and stront team on place, those guys can start making big bucks with their core business... maybe their goal is to quickly return on investment by crowdsale of tokens which likely useless for their product?
Honestly, I am in the process of launching ICO too, but I have the following different situation:
DEV.TEAM - just few enthusiasts (very skilled and experienced though)
PRODUCT - have prototype & passed PoC with success
DEVELOPMENT AND INTEGRATION - by our rough estimation, completed by just 20-25% (still long way to go since only core system is prototyped, partner and user interfaces are still to be designed and implemented)
we can continue it with the same team ending in about 3-5 years. It is clear we will make it but we are sure that our idea will be taken and re-produced earlier so it is very essential for us to quickly attract an investment for getting resources, necessary for completing commercial integration and launch in 1-2 years, but the earlier the better.
So back to the subject - is it really worth investing in a live product with still unclear perspectives? I write "unclear" because
to my understanding, if product is up and running but fail bringing return, something is wrong with it.Thanks in advance for your opinion
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========= STARTS 18 FEBRUARY 2018 =========
Liquid Bonus Loyalty ICO ========= ENDS 30 APRIL 2018 =========
THE FIRST GLOBAL DECENTRALIZED INTEROPERABLE LOYALTY MEDIUM SOLUTION BASED ON STATE-OF-THE-ART SIDECHAIN WITH 2-WAY PEG
Telegram Channel (@LiquidBonus) Telegram Group (@LiqBo_SUPPORT) Twitter (@Liquid_Bonus) Facebook (@LiquidBonus) Medium (@LiquidBonus) Youtube Channel Reddit This is also one of my concern and question before. Since ICO mostly are raised to generate funding for the project but as on the investor side, how can this project generate profits? Its very risky indeed, as long as the roadmap is clear and whitepaper is detailed. I hope there is a government regulation before they can lauch an IC where the docs and feasibility study is approved etc. Just my opinion here.