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Topic: Why Viber, WhatsApp, skype, WeChat, Snapchat, IMO, Line not conduct ICO? - page 7. (Read 709996 times)

jr. member
Activity: 157
Merit: 1
Perhaps they know that not everyone is ready for this. Or maybe they just carefully create it so that the result is reliable.
newbie
Activity: 148
Merit: 0
I see that is not necessary. They are a company with income from advertising. If they do that then it will be very difficult for advertisers. And their company needs to have more manpower for management work that is troublesome and costly. So for those companies that ICO is not necessary.
newbie
Activity: 66
Merit: 0
Perhaps at this stage, such companies giants do not feel the need for this, although such an AP as viber already in 2018 launches its own cryptocurrency in Russia.
newbie
Activity: 28
Merit: 0
They either don't want to or don't need to do this.
full member
Activity: 364
Merit: 100
What do you think why Viber, WhatsApp, skype, WeChat, Snapchat, IMO, Line have not yet launched their crypto platform?
But Kik and Telegram did it.
After all, companies can get 2 huge pluses:
1) to collect a large amount of money for ICO
2) add hype to marketing and popularity among users.

share your opinion
I think that they would not be able to repeat the success of telegram because people will be thinking that they are just posers, so it would not be a unique thing if everybody will repeat that.
hero member
Activity: 2856
Merit: 541
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maybe the owner of Viber, WhatsApp, skype, WeChat, Snapchat, IMO, Line still looking their chance to get involve in the cryptocurrency and I am sure that they will join into cryptocurrency soon. I am sure that they want to make another income from their apps and they have a big fan which are using their apps to communicate with the other. so I think we are only waiting for what they will do in the future and I guess that this will not be too long for them to introduce cryptocurrency to their fans.
What chance are they looking for? These are established organizations making shit loads of money everyday and they really do not need ICO. ICO basically should be for raising of funds for new start ups with promising good tech and product with a great team and not for a company that already have what it takes to keep running.

I don't know what they looking for because I am not the owner of that company Grin but if I am the owner, maybe I will launch one app that can gather more people to join in that apps and I will promote the apps especially if that app can help my ICO and get more investor. I am sure that every owner of that apps will have a plan and will think about the ICO euphoria and if they think that it is better to make the ICO for their apps, they will make one and they will invite people to join with them.
full member
Activity: 476
Merit: 100
Maybe they don't believe in crypto currency. Maybe they don't beed crypto currency since the money they're making from ads are enough. Maybe they'll come aboard the crypto currency in the future. Maybe they don't have money to do so or the man power to create it. There are alot of variables as to why they don't have their own coin.
hero member
Activity: 2968
Merit: 600
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full member
Activity: 456
Merit: 100
What do you think why Viber, WhatsApp, skype, WeChat, Snapchat, IMO, Line have not yet launched their crypto platform?
But Kik and Telegram did it.
After all, companies can get 2 huge pluses:
1) to collect a large amount of money for ICO
2) add hype to marketing and popularity among users.

share your opinion
Because they do not want it, they do not need it or both, it is not complicated, and even if they could find a use for a blockchain in their companies why do they need an ico? A healthy company with so many users and stream revenues does not need an ico at all, they could use some of the R&D budget to create their private blockchain and solve whatever need they have for it.

Definitely. They already have a running app so why the hell they'll conduct an ico? Like if they can provide for their updates then no need to do a crowdsale and let's just not fool ourselves here. Only those app that have a few users can think of this, and it will probably don't have a real usage, in the first place.
hero member
Activity: 998
Merit: 504
What do you think why Viber, WhatsApp, skype, WeChat, Snapchat, IMO, Line have not yet launched their crypto platform?
But Kik and Telegram did it.
After all, companies can get 2 huge pluses:
1) to collect a large amount of money for ICO
2) add hype to marketing and popularity among users.

share your opinion
This doesn’t make sense, why would they? Most of these chat platforms you mentioned don’t post ads, and I bet you that you won’t like it if WhatsApp should start to display ads, or maybe Skype starts to place ads everywhere in the chat. This is a dumb idea and makes no sense to me, there are already platforms like Facebook displaying advert on ICOs, so why on hell would you want all these you mentioned?
hero member
Activity: 980
Merit: 507
Because not everything needs to be built on the blockchain and not every network needs to run on coins. Even Telegram, which seemed to have a good idea on how to utilize the blockchain for their upcoming project is stuck in a controversy. It's a massive financial success for sure, but you have to keep in mind that they haven't delivered anything at all. This situation has proven that these giants can raise money, but whether or not they can put out a good project is yet to be seen.

Personally, I can only assume that the others don't see how developing a system that runs on the blockchain can help their business despite the fact that it's extremely likely for investors to line up and provide more funding than they'd need. That, to me, speaks volumes about their confidence/interest or lack thereof. Telegram didn't take much of a financial risk considering the amount of money they raised, but it's going to hurt their brand if their project flops -- more money means higher expectations after all.
This.

ICOs are also essentially for fund raisings. These companies that haven't conducted an ICO already have a lot of money. If they want to use blockchain, they can do it, but they choose not to for various reasons. Telegram fucked up big time here, but they have the money to get back, so wait for a year or two, to see some improvements, until then, just wait.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
What do you think why Viber, WhatsApp, skype, WeChat, Snapchat, IMO, Line have not yet launched their crypto platform?
But Kik and Telegram did it.
After all, companies can get 2 huge pluses:
1) to collect a large amount of money for ICO
2) add hype to marketing and popularity among users.

share your opinion
Because they do not want it, they do not need it or both, it is not complicated, and even if they could find a use for a blockchain in their companies why do they need an ico? A healthy company with so many users and stream revenues does not need an ico at all, they could use some of the R&D budget to create their private blockchain and solve whatever need they have for it.
hero member
Activity: 1806
Merit: 671
WeChat already has a payment system in China and it is already popular. As for other messaging apps do they really need to create their own cryptocurrency? I mean what is the purpose of these tokens if they launch one? Not all messaging apps are not acting up as a mobile wallet like WeChat. If their sole purpose is to gain money I don't think that what you said is a good way as they can be creating their own stock via IPO which I think is a much better way to gain capital. Also this is a ver bad marketing promotion what if their token got dumped? Obviously their messaging service will also take a hit.
sr. member
Activity: 702
Merit: 251
What do you think why Viber, WhatsApp, skype, WeChat, Snapchat, IMO, Line have not yet launched their crypto platform?
But Kik and Telegram did it.
After all, companies can get 2 huge pluses:
1) to collect a large amount of money for ICO
2) add hype to marketing and popularity among users.

share your opinion
Two possible reasons peers that they are still not recognising the potential of ICO issuing, or they are thinking that if they will be too much pressing on it it would not be having such a affect the Telegram has.
full member
Activity: 462
Merit: 101
BitcoinSN - The Real Bitcoin!!!
What do you think why Viber, WhatsApp, skype, WeChat, Snapchat, IMO, Line have not yet launched their crypto platform?
But Kik and Telegram did it.
After all, companies can get 2 huge pluses:
1) to collect a large amount of money for ICO
2) add hype to marketing and popularity among users.

share your opinion

I don't think it is mandatory for everyone to release their crypto platform or any other kind of crypto services. It  all depends on their needs, requirement, and interest. I think all these social media platform will try to implement their platform soon by the upcoming months and years and we must just wait and watch for it.
sr. member
Activity: 630
Merit: 250
maybe the owner of Viber, WhatsApp, skype, WeChat, Snapchat, IMO, Line still looking their chance to get involve in the cryptocurrency and I am sure that they will join into cryptocurrency soon. I am sure that they want to make another income from their apps and they have a big fan which are using their apps to communicate with the other. so I think we are only waiting for what they will do in the future and I guess that this will not be too long for them to introduce cryptocurrency to their fans.
What chance are they looking for? These are established organizations making shit loads of money everyday and they really do not need ICO. ICO basically should be for raising of funds for new start ups with promising good tech and product with a great team and not for a company that already have what it takes to keep running.
member
Activity: 406
Merit: 11
first, maybe they already have enough funds to run and develop their products, secondly, maybe what they do to raise funds is not by way of ICO but do an IPO (Initial Public Offering) on the stock exchange. The IPO is the stock that is traded and about the company's promotional capabilities. If you are able to convince the public to buy IPO shares, then surely the company will get an extraordinary amount of money.
hero member
Activity: 2856
Merit: 541
Leading Crypto Sports Betting & Casino Platform
maybe the owner of Viber, WhatsApp, skype, WeChat, Snapchat, IMO, Line still looking their chance to get involve in the cryptocurrency and I am sure that they will join into cryptocurrency soon. I am sure that they want to make another income from their apps and they have a big fan which are using their apps to communicate with the other. so I think we are only waiting for what they will do in the future and I guess that this will not be too long for them to introduce cryptocurrency to their fans.
newbie
Activity: 75
Merit: 0
Whatsapp is owned by Facebook, Skype is owned by Microsoft these are huge companies with tried and trusted business models and a lot of investors from the IPO they have already launched. IPO means initial public offering which is similar to ICO but for fiat so they do not need to get into the cryto world yet, that's why the haven't conducted an ICO.
newbie
Activity: 63
Merit: 0
most of these are owned by google, facebook, tencent and similar companies which dont have any plans to get into crypto economy as of now. beside that these are well established companies with tons of financial backing which means they dont need money for further development, operations, marketing. so no ICOs for them. where as telegram was self funded by founders and non profit making as i recall. ICO makes complete sense for them for future plans.
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