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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: icofinder on July 20, 2017, 11:00:39 PM



Title: Don't invest in ICOs without working products.
Post by: icofinder on July 20, 2017, 11:00:39 PM
If you want to invest in ICOs, look for something with a working product like KICKICO. What are some other ICOs with working products?


Title: Re: Don't invest in ICOs without working products.
Post by: jamesclark on July 20, 2017, 11:20:37 PM
If you want to invest in ICOs, look for something with a working product like KICKICO. What are some other ICOs with working products?

I agree though I don't understand KICKICO. Most ICOs are crap, and many started by newbie, I don't understand it, cheating without even try to give out some credibility??


Title: Re: Don't invest in ICOs without working products.
Post by: Grant Hero on July 20, 2017, 11:23:49 PM
I complete agree with this.


Title: Re: Don't invest in ICOs without working products.
Post by: hosseinimr93 on July 20, 2017, 11:28:48 PM
Gilgam.es, Bowhead and Opus
I recommend these three ICOs. They have products that increase their chance to become successful.

Gilgam.es :  a platform for players that allow them to compete in eSport games.
Bowhead : an instrument which monitors the health of people at home.
Opus : a platform for sharing musics that is supposed to solve some of music industry problems.



Title: Re: Don't invest in ICOs without working products.
Post by: bathrobehero on July 21, 2017, 02:59:19 AM
Or just, you know, don't "invest" in ICOs at all. Giving money to random people in exchange of some random images and promises is worse than gambling.

Unfortunately, with the super easy nature of creating ICOs on Ethereum and other platforms, along with Bitcoin's price, crypto attracted a whole bunch of lazy idiots chasing a goldrush and throwing money into ICOs while having no idea or enthusiasm towards cryptocurrencies, giving it a bad name to cryptos altogether.


Title: Re: Don't invest in ICOs without working products.
Post by: Grant Hero on July 21, 2017, 03:16:28 AM
I agree with you here as well.  However, it isn't binary.

There are a lot of instances where it makes sense pending:
  • A prototype
  • Team and experience
  • Traction
  • Idea
  • Whitepaper
  • Terms



Title: Re: Don't invest in ICOs without working products.
Post by: stomachgrowls on July 21, 2017, 03:28:11 AM
Gilgam.es, Bowhead and Opus
I recommend these three ICOs. They have products that increase their chance to become successful.

Gilgam.es :  a platform for players that allow them to compete in eSport games.
Bowhead : an instrument which monitors the health of people at home.
Opus : a platform for sharing musics that is supposed to solve some of music industry problems.


I agree, thats why i Choose to participate on their promotion and at the same time as an investors on Bowhead project because i can really see a product here compared on those ICO which do project only an imaginary thing which it doesnt really convinced me off on putting money on those ICO. As a wise investor always seek out on this kind of things which you can somehow assure yourself  that you are on the right track and lessen the risk of getting scammed.


Title: Re: Don't invest in ICOs without working products.
Post by: iram3130 on July 21, 2017, 03:33:25 AM
I agree with you here as well.  However, it isn't binary.

There are a lot of instances where it makes sense pending:
  • A prototype
  • Team and experience
  • Traction
  • Idea
  • Terms



There are many factors on which an ICO will become successful. 90% of them are created to scam people but there are some who genuinely work for it. But the credibility of an ICO is getting weaken day by day because of the ETH hacking and owners scamming people.


Title: Re: Don't invest in ICOs without working products.
Post by: tal3sfromthecrypt on July 21, 2017, 03:34:33 AM
I think at the very least, there should be a whitepaper available. I've noticed a lot of ICOs are building up buzz with airdrops, but have no actual substance.


Title: Re: Don't invest in ICOs without working products.
Post by: Mieehayii on July 21, 2017, 03:56:29 AM
how to define the product?

is service a product?


Title: Re: Don't invest in ICOs without working products.
Post by: asriloni on July 21, 2017, 04:21:06 AM
If you want to invest in ICOs, look for something with a working product like KICKICO. What are some other ICOs with working products?
What's kick ico? I never heard about that project. is that project a binary project? Can you tell me the real or working product already offered by them? The project is not get a crowded. I mean is the product only the reason for you to promote the kickico in here?  ::)


Title: Re: Don't invest in ICOs without working products.
Post by: williamevanl on July 21, 2017, 04:22:27 AM
It's absolutely hilarious you would even have to post this! Yes only in the ICO space do you have to tell people to not invest in nothing. :)


Title: Re: Don't invest in ICOs without working products.
Post by: Spoetnik on July 21, 2017, 04:30:32 AM
Better yet don't invest in ICO's at all.
In case you dope head profiteers didn't know there was hundreds if not thousands of working coins launch..
WITH OUT dev's putting their hands out for a single solitary god damn fucking cent.

And not only that but it actually greatly devalues the end result product and taints it.
I for one will never use or support any type 0f ICO bullshit ever.

If you don't have the means then leave it to someone else that does.
This is not Kickstarter.
And as a matter of fact Kickstarter has all this type of shit banned.. and for good reason.

There is no good aspect to any ICO ever and there never will be.
They are all scammy period .


Title: Re: Don't invest in ICOs without working products.
Post by: Yurkov on July 21, 2017, 04:40:18 AM
ICO's are not that good , investors should always wait for working product before investing


Title: Re: Don't invest in ICOs without working products.
Post by: blockoptions on July 21, 2017, 04:45:59 AM
Btter to invest in ICO with at least a MVP


Title: Re: Don't invest in ICOs without working products.
Post by: fearcoka on July 21, 2017, 05:17:29 AM
I agree with you here as well.  However, it isn't binary.

There are a lot of instances where it makes sense pending:
  • A prototype
  • Team and experience
  • Traction
  • Idea
  • Terms



There are many factors on which an ICO will become successful. 90% of them are created to scam people but there are some who genuinely work for it. But the credibility of an ICO is getting weaken day by day because of the ETH hacking and owners scamming people.
When ICOs with ETH platform weaken, I think Waves is next subjects for investor from ICOs. The platform blockchain of Waves very good and can compete with ETH in future on market ICOs. In present, Waves have 2 project success is MobileGo and ZrCoin


Title: Re: Don't invest in ICOs without working products.
Post by: Mikaelxiong on July 21, 2017, 05:40:15 AM
What about DENT?  The founders have actual products in the past but not a working system yet.  They say that an app should be up in Q4.  Also the guys on token market on the board. 


Title: Re: Don't invest in ICOs without working products.
Post by: nicolas1979 on July 21, 2017, 05:42:45 AM
If you want to invest in ICOs, look for something with a working product like KICKICO. What are some other ICOs with working products?

I think every ICO have product, but how they manage & promote product is the best way to become success. When they has a product and keep running hard works to become knowing and give benefits it something will interest people to join. I like Monaco ( project closed ) and opus, because they know how to manage their product and always update information about it. Transparency and support team is needed to grow up member & audience. Agree with your post and good luck.


Title: Re: Don't invest in ICOs without working products.
Post by: sinner on July 21, 2017, 05:45:55 AM
as long as people keep throwing money at 3-page whitepapers, someone is gonna keep taking that free money.  "there's a sucker born every minute." so this shit will probably never end, but i imagine we'll see a reduction in the absurd amounts raised by projects with no product, sometimes not even a whitepaper.

at some point the US gov is gonna step in to "protect us," tho many ICOs already block US investors.  either way we've got front row seats to the best drama ever  :D  ;D


Title: Re: Don't invest in ICOs without working products.
Post by: icofinder on July 21, 2017, 05:58:32 AM
I agree with you here as well.  However, it isn't binary.

There are a lot of instances where it makes sense pending:
  • A prototype
  • Team and experience
  • Traction
  • Idea
  • Terms



There are many factors on which an ICO will become successful. 90% of them are created to scam people but there are some who genuinely work for it. But the credibility of an ICO is getting weaken day by day because of the ETH hacking and owners scamming people.


This is why we need the platform! It will allow ETH to not be dragged down in price.


Title: Re: Don't invest in ICOs without working products.
Post by: The Sceptical Chymist on July 21, 2017, 06:08:50 AM
as long as people keep throwing money at 3-page whitepapers, someone is gonna keep taking that free money.  "there's a sucker born every minute." so this shit will probably never end, but i imagine we'll see a reduction in the absurd amounts raised by projects with no product, sometimes not even a whitepaper.

at some point the US gov is gonna step in to "protect us," tho many ICOs already block US investors.  either way we've got front row seats to the best drama ever  :D  ;D
Yeah I'm waiting for all that great "protection" myself.   I know it's coming.

These new ICOs are all scams, in my opinion,  and I couldn't care less if Americans are blocked from investing in them.  It does boggle my mind that suckers keep falling for the same trick over and over again.  It shouldn't,  though.   I've seen the insane number of degenerate gamblers here, and people throw their money away like it was asswipe.  So if you blow your money on stupid shitcoin projects,  you get what you deserve.


Title: Re: Don't invest in ICOs without working products.
Post by: bustomi on July 21, 2017, 06:22:45 AM
how to define the product?

is service a product?
before investing, we must know what kind of that coin also the team who working on it, and th purpose of the coin, it Will be fine on the ICO


Title: Re: Don't invest in ICOs without working products.
Post by: BlockEye on July 21, 2017, 07:09:41 AM
how to define the product?

is service a product?
before investing, we must know what kind of that coin also the team who working on it, and th purpose of the coin, it Will be fine on the ICO

research or study the coin roles, will be attracted to the investor? Does it good for long term investment and if it does a future to be adopt by many,plus the team and the whitepapers can be a way to know if the coin is worth investing for.


Title: Re: Don't invest in ICOs without working products.
Post by: ezzy.co on July 21, 2017, 08:15:30 AM
Hi! I completely agree with you. Every ICO should be analyzed, you should analyze not only tech idea, but also business model, how big is the market of this product and is it actually possible to build, is their team strong enough to build the product, sell it and bring x2/x3x10... for their investors.

I personally would recommend to invest in projects with working product or MVP and first paying clients/customers. For example:

ANRYZE distributed network - business that is already working in US, they have revenue and they are building decentralized platform for speech recognition.
https://ico.anryze.com

But with huge amount of scam on the market it is difficult to find such projects.


Title: Re: Don't invest in ICOs without working products.
Post by: mklost on July 21, 2017, 08:40:33 AM
I think MVP or whitepaper is accectable to due die diligence


Title: Re: Don't invest in ICOs without working products.
Post by: Spoetnik on July 21, 2017, 08:43:18 AM
Crowd funding should be analyzed to see if they are deserving of hand outs ?
Oh yeah.. sure... of course....

Ahh the obligatory cliche'd *some* retort ..a true classic at 'The Talk  :D

You people have worn my rolleyes.jpeg emoticon down till my fingers bleed.
So much cum guzzlin' faggotry  ::)

Pre-Pre ICO by the Crypto Beggars ICO Foundation coming soon.. coin #8,301

yeah.. "Sale"  :D

https://i2.wp.com/www.bubbleblabber.com/wp-content/uploads/2014/10/kickstarter.jpg

Assholes.. please.. seriously.. PLEASE .....

START UP !


Title: Re: Don't invest in ICOs without working products.
Post by: pey on July 21, 2017, 09:04:37 AM
I agree with you, the amount of money that they raised is not normal and so when they come to market, they are inevitably dumped.


Title: Re: Don't invest in ICOs without working products.
Post by: cychan2 on July 21, 2017, 09:44:33 AM
I agree with you here as well.  However, it isn't binary.

There are a lot of instances where it makes sense pending:
  • A prototype
  • Team and experience
  • Traction
  • Idea
  • Whitepaper
  • Terms



Well said.
A product readily available also doesn't guarantee a successful project. It just probably makes the thing looks not like a total scam only.


Title: Re: Don't invest in ICOs without working products.
Post by: marketone on July 21, 2017, 09:47:32 AM
how to define the product?

is service a product?
before investing, we must know what kind of that coin also the team who working on it, and th purpose of the coin, it Will be fine on the ICO

It is completely our fault because without researching how can we blindly invest into an ICO. Sometimes it may find more secure but at the end of the day you will be lost because we don't know how they are going to respond and how they will interact after getting some good amount in the ICO's


Title: Re: Don't invest in ICOs without working products.
Post by: albusxx on July 21, 2017, 10:01:55 AM
If you want to invest in ICOs, look for something with a working product like KICKICO. What are some other ICOs with working products?

I hope you are not promoting kickico here.

But overall don't agree. Right now investment options for normal people are limited to
- Property (low returns volatility)
- Bank deposit (VERY low returns)
- Stock market - all big companies with huge overheads + competing with all of the professional traders who don't tell me they don't do insider trade spend all of their time to do better investments than you
- friends/family - angel investments. This would be a trusted but highly limited circle.
And ICOs open a lot more opportunities, kicking VCs asses from the comfortable 2% management fee life.



I would agree that having a working product is a great sign of a) it's actually possible b) founders actually committed/put some effort into it. I will be starting an ICO soon and, frankly, without a working product I wouldn't even try, it would be too much responsibility to raise the money not having good confidence I'd be able to make good returns for investors. Overall, I'd say don't invest without good research on the company/founders. The world is so connected now with so much info available that it's always possible to pick out a scam or a crappy project.

This is what we are doing btw, if someone is interested: https://www.wacoin.io


Title: Re: Don't invest in ICOs without working products.
Post by: Seansky on July 21, 2017, 10:03:07 AM
If you want to invest in ICOs, look for something with a working product like KICKICO. What are some other ICOs with working products?
You are right that at first, consider if an ICO has a working product. If you want some ICO's with working product I will name two but I don't expect you to like it because for some this two might be bad. First is shadowtoken ICO. They already have a working game where the tokens will be used. Also, there is opus with an already working music streaming platform. Some ICO's are good too even if they have a working product, just be sure it has a good team and also a nice concept.


Title: Re: Don't invest in ICOs without working products.
Post by: Alternative on July 21, 2017, 10:05:09 AM
Principle of an ICO is to raise money for the developpment. An ICO that has already a working product does not need any funds and just want free money ::)...


Title: Re: Don't invest in ICOs without working products.
Post by: albusxx on July 21, 2017, 10:08:02 AM
Principle of an ICO is to raise money for the developpment. An ICO that has already a working product does not need any funds and just want free money ::)...

Why would you say raising money for development is a principle of an ICO? It just so happened right now IMHO


Title: Re: Don't invest in ICOs without working products.
Post by: maxNIMFA on July 21, 2017, 10:08:54 AM
Prototype is crucial for an ICO due dilligence.


Title: Re: Don't invest in ICOs without working products.
Post by: JasonXIII on July 21, 2017, 10:14:36 AM
If you want to invest in ICOs, look for something with a working product like KICKICO. What are some other ICOs with working products?
What does mean kickico please ?


Title: Re: Don't invest in ICOs without working products.
Post by: xx-man on July 21, 2017, 10:21:57 AM
I agree with you, the amount of money that they raised is not normal and so when they come to market, they are inevitably dumped.

I do not think so, if the project is awake and really serious to build a project, they will still trust the investors who have participated in this project, so if the coin is already on the market, the quality of the coin will be well groomed and excellent in the future front.


Title: Re: Don't invest in ICOs without working products.
Post by: TomUyamot on July 21, 2017, 10:29:15 AM
If you want to invest in ICOs, look for something with a working product like KICKICO. What are some other ICOs with working products?

I don't know much about that kicki co you are promoting. I don't even know whether it is really legitimate. What I know is that you are right when you say that never to invest in ICOs whose actual use in the real world is dubious. I would generalize them as mere scams trying to gather money from gullible investors who will end up ranting on this forum. I would even recommend to buy coins after they are already introduced to major exchange platforms.


Title: Re: Don't invest in ICOs without working products.
Post by: jeanpierre on July 21, 2017, 10:40:28 AM
Gilgam.es, Bowhead and Opus
I recommend these three ICOs. They have products that increase their chance to become successful.

Gilgam.es :  a platform for players that allow them to compete in eSport games.
Bowhead : an instrument which monitors the health of people at home.
Opus : a platform for sharing musics that is supposed to solve some of music industry problems.



I agree, Opus is really great in my opinion, I also joined their signature campaign I think it could be really big the next few years


Title: Re: Don't invest in ICOs without working products.
Post by: Alternative on July 21, 2017, 10:40:54 AM
Principle of an ICO is to raise money for the developpment. An ICO that has already a working product does not need any funds and just want free money ::)...

Why would you say raising money for development is a principle of an ICO? It just so happened right now IMHO

What I meant is that an ICO is designed to raise money in order to develop its product. If product is already finished, no further money is needed and it is just giving the developpers free money.

However I do not clearly understood what you meant ???.


Title: Re: Don't invest in ICOs without working products.
Post by: robeth on July 21, 2017, 10:51:45 AM
If you want to invest in ICOs, look for something with a working product like KICKICO. What are some other ICOs with working products?

I agree though I don't understand KICKICO. Most ICOs are crap, and many started by newbie, I don't understand it, cheating without even try to give out some credibility??
Is that true??
And why ICO like that..


Title: Re: Don't invest in ICOs without working products.
Post by: Ucy on July 21, 2017, 11:09:49 AM
I agree, investing in ICOs with working products is the best thing to do but there could be great futuristic ICOs too. The problem is identifying ones with  consistent and serious developers.
Thanks for this tips


Title: Re: Don't invest in ICOs without working products.
Post by: thepo1m on July 22, 2017, 05:23:02 AM
I agree, investing in ICOs with working products is the best thing to do but there could be great futuristic ICOs too. The problem is identifying ones with  consistent and serious developers.
Thanks for this tips

I do agree with you, even a working products is not enough, a developer needs to keep updating and upgrading their products and services but most of the successful developers now have turned to celebrities


Title: Re: Don't invest in ICOs without working products.
Post by: IamAltcoinfan on July 22, 2017, 05:45:57 AM
I m seeing lots of ICO in bitcointalk in recent time i was actually trading in bittrex .I was searching for ICO eventually i end upto bitcoin talk Based on my understanding in some months out of most of the ICO Betting and dice and gambling related ICO really giving good profit.


Title: Re: Don't invest in ICOs without working products.
Post by: wantangcfftc020 on July 22, 2017, 05:57:05 AM
how to define the product?

is service a product?

I think the product can be a service or a solid object that can be valuable and paid by the users. I complete agree with the opinion, without a product, it is much more likely to be a scam.


Title: Re: Don't invest in ICOs without working products.
Post by: RenegadeMind on July 22, 2017, 06:17:45 AM
I agree with you here as well.  However, it isn't binary.

There are a lot of instances where it makes sense pending:
  • A prototype
  • Team and experience
  • Traction
  • Idea
  • Whitepaper
  • Terms



Reputation matters. If you have a team with a track record, then you have something to go with if the idea and underlying tech makes sense, i.e. they have a whitepaper that measures up.

Ethereum didn't have a prototype, but it was a good investment.


Title: Re: Don't invest in ICOs without working products.
Post by: Grant Hero on July 22, 2017, 07:39:47 AM
Great point.  I forgot to add that to my list.



Title: Re: Don't invest in ICOs without working products.
Post by: lambofan on July 22, 2017, 08:20:41 PM
I agree, investing in ICOs with working products is the best thing to do but there could be great futuristic ICOs too. The problem is identifying ones with  consistent and serious developers.
Thanks for this tips

I do agree with you, even a working products is not enough, a developer needs to keep updating and upgrading their products and services but most of the successful developers now have turned to celebrities
I think sometimes they do not pitch before the end of the period of completion of the ICO because someone could spoil your plans by taking a copy of your project before them,so other things should also be considered.


Title: Re: Don't invest in ICOs without working products.
Post by: olushakes on July 22, 2017, 08:42:52 PM
If you want to invest in ICOs, look for something with a working product like KICKICO. What are some other ICOs with working products?
Anyone who invest in a project without really understanding the basis of such is doing that to his own disadvantage because its really not about the token but what it is to be achieved with it. Although, that is not the basis of not scamming but at least one can have something to hold them accountable for but for not having any motive for that is a signalling effect that all is about to blow out in a matter of time.


Title: Re: Don't invest in ICOs without working products.
Post by: Grant Hero on July 22, 2017, 08:52:04 PM
I agree, investing in ICOs with working products is the best thing to do but there could be great futuristic ICOs too. The problem is identifying ones with  consistent and serious developers.
Thanks for this tips

I do agree with you, even a working products is not enough, a developer needs to keep updating and upgrading their products and services but most of the successful developers now have turned to celebrities
I think sometimes they do not pitch before the end of the period of completion of the ICO because someone could spoil your plans by taking a copy of your project before them,so other things should also be considered.

I can relate to your point here as well.  That's why we are also holding off on our announcement until next month while we complete our product.



Title: Re: Don't invest in ICOs without working products.
Post by: abdulmad on July 22, 2017, 08:55:11 PM
Many uniformed come here looking for their pot of gold, ICO's provide that kind of hype. They invest their hard earned cash without any due diligence and hope for the best. Most don't read the ANN or the white paper, just the hype that's being created is enough to convince them that all is ok. When it all comes crumbling down they the first to call scammers. I do agree with your guys sentiment but there are good ICO's and devs that put in the hard work to create a working product and it's really unfair towards those that dark cloud surrounds ICO's because of all the scamming and hacking that's been happening of late.


Title: Re: Don't invest in ICOs without working products.
Post by: tayrey on July 22, 2017, 09:18:17 PM
ICO is a way to lure all the fools in search of riches. Most people invest without even reading the whitepaper.


Title: Re: Don't invest in ICOs without working products.
Post by: ulysseso on July 23, 2017, 12:21:49 AM
Yea most icos are scam anyway


Title: Re: Don't invest in ICOs without working products.
Post by: Casabrandy on July 23, 2017, 01:31:58 AM
ICO is a way to lure all the fools in search of riches. Most people invest without even reading the whitepaper.
Well it will depend on one's capability to invest, if they're too rich to invest so they don't even read or think the future of that project and some are too smart to know everything on it. Not all icos are scam some maybe but with having research and analysis some really have a good inte3 they just need time to make it real.


Title: Re: Don't invest in ICOs without working products.
Post by: Grant Hero on July 23, 2017, 01:39:26 AM
Seems like a lot of ICO's scams are giving a bad rep to those that are actually trying to help create real authentic solutions for this world.  Ultimately, this hurts the entire industry including the growth of cryptocurrency.





Title: Re: Don't invest in ICOs without working products.
Post by: biggee on July 23, 2017, 02:45:57 AM
Ethereum - the world computer...

More like, Ethereum - an open door for any idiot to create a token out of thin air in 5 minutes and make millions of dollars selling it to saps.

Tokens will kill Ethereum, sure right now ETH is doing great out of all these lunatics piling their money into it to invest in these ICO's, but eventually, when 99.9% of them turn out to be scams people will lose whatever trust they had in the Ethereum platform and will all switch back to honest, stable crypto currencies (you know, ones that haven't been hacked multiple times already) to invest their money in and build their block chain tech on.

Amazes me daily how much money people are willing to throw at strangers with a fancy website, a corporate video presentation and a bunch of promises.

Oh well, like they say, there's one born every minute...


Title: Re: Don't invest in ICOs without working products.
Post by: MintCondition on July 23, 2017, 02:51:51 AM
Seems like a lot of ICO's scams are giving a bad rep to those that are actually trying to help create real authentic solutions for this world.  Ultimately, this hurts the entire industry including the growth of cryptocurrency.




We should give a chance for ico that are really deserving, we should not say all icos were scam since we gained on it from being bounty hunters,to investors and even having them in trading. Some ico really worth trying for.


Title: Re: Don't invest in ICOs without working products.
Post by: Grant Hero on July 23, 2017, 03:04:07 AM
Ethereum - the world computer...

More like, Ethereum - an open door for any idiot to create a token out of thin air in 5 minutes and make millions of dollars selling it to saps.

Tokens will kill Ethereum, sure right now ETH is doing great out of all these lunatics piling their money into it to invest in these ICO's, but eventually, when 99.9% of them turn out to be scams people will lose whatever trust they had in the Ethereum platform and will all switch back to honest, stable crypto currencies (you know, ones that haven't been hacked multiple times already) to invest their money in and build their block chain tech on.

Amazes me daily how much money people are willing to throw at strangers with a fancy website, a corporate video presentation and a bunch of promises.

Oh well, like they say, there's one born every minute...

I doubt this will happen because a lot of tokens are built from Ethereum.  There will be some good legitimate platforms that use ETH ERC20 and keep it alive.


Title: Re: Don't invest in ICOs without working products.
Post by: Fatoshi on July 23, 2017, 03:06:35 AM
Being really good at investing means making no rules you live by but looking at each project and its individual merit. Nothing wrong with mental guidelines but rules will only make you miss something that didnt conform to your simple rules. Some say no ICOs but they would of missed out on most of top 20 coins. I would normally say you need some working product as well but in case of Pillar its absolutely true they don't have all the tech done but the peoples track record and organisational background and the strength of their vision is enough for me to invest.


Just don't make rules...make well thought out decisions case by case..


Title: Re: Don't invest in ICOs without working products.
Post by: Katashi on July 23, 2017, 03:07:12 AM
Yeah totally agree on this. For ICO investors you must be vigilant to the ICO you must check if the project has a feasible product or services that is really helpful in  daily use. In order for the coin to survive and maintain it's value.


Title: Re: Don't invest in ICOs without working products.
Post by: Beparanf on July 23, 2017, 04:01:52 AM
Yeah totally agree on this. For ICO investors you must be vigilant to the ICO you must check if the project has a feasible product or services that is really helpful in  daily use. In order for the coin to survive and maintain it's value.
Gaming apps like Shadow token already have a working product. That makes this project more interesting. As well as other application apps. They are working and can be used already but promotes more development. But we still can give other fields of project a try since they can be beneficial too.


Title: Re: Don't invest in ICOs without working products.
Post by: Mieehayii on July 23, 2017, 06:40:40 AM
how to define the product?

is service a product?

Let's open the skylight to speak, which product in Announcements worth to invest do you think?  also, it is profitable for you to earn the coins from recommend the good ICO projuct to us.


Title: Re: Don't invest in ICOs without working products.
Post by: Grant Hero on July 23, 2017, 06:41:48 AM
Seems like a lot of ICO's scams are giving a bad rep to those that are actually trying to help create real authentic solutions for this world.  Ultimately, this hurts the entire industry including the growth of cryptocurrency.




We should give a chance for ico that are really deserving, we should not say all icos were scam since we gained on it from being bounty hunters,to investors and even having them in trading. Some ico really worth trying for.

Yes, I completely agree with you.  Especially those that have the items I previously listed.  ie.  Strong team, prototype, problem solving idea with a strong vision and roadmap, etc.

I can't wait until we announce our ICO to all of you...  :D



Title: Re: Don't invest in ICOs without working products.
Post by: ryanben on July 23, 2017, 07:32:11 AM
If you want to invest in ICOs, look for something with a working product like KICKICO. What are some other ICOs with working products?
There are a few projects that have been created for the purpose of appropriating the money of investors and they do not offer working products as well as development team and a serious roadmap. For really serious projects there are always certain products for their roadmap such as medical, dental, security hardware, communications, etc. The ICO was created to raise funds for the development of their project.


Title: Re: Don't invest in ICOs without working products.
Post by: coynedterm on July 23, 2017, 07:36:49 AM
If you want to invest in ICOs, look for something with a working product like KICKICO. What are some other ICOs with working products?
Yeah , this is the reality that we should invest our money only those icos products if they are working.
In my whole career of the Bitcoin Field I seen that many ICOs launched their ico before develop the coin and launched their coin after two years , so here we can say that they have no guaranty that how much time will take to launch the coin or how much time to enter the coin in the exchange and market and also their price mostly get down ( in my case mostly ) .
So here more better is to get information about them that who is operating and how much chances that coin will make a better place in the market and what is technology behind the coin algorithm ( stable or not ) And what is economical support that the coin have .


Title: Re: Don't invest in ICOs without working products.
Post by: Stunny on July 23, 2017, 10:05:26 AM
Hey guys, I fully agree. I am part of the ETHLend team (http://about.ethlend.io and https://bitcointalk.org/index.php?topic=2013399), which creates a decentralized lending market. We actually developed the dapp first in late April. We created collateralized lending with the use of ERC-20 tokens as a collateral, then we added the use of Ethereum name service domains as well for collateral.

Building the dapp before the white paper was actually the best idea we had so far. We actually understood the practical issues better and wrote a completely different paper than we would have if we would not have created the prototype dapp. In the first place we really wanted to understand how lending would work in decentralized environment. After the white paper we still have continued to develop the dapp further by adding reputation based lending as well.

I believe that some kind of prototype dapp indicates that the project has potential. I know that development has its costs and such (that is why we are doing an ICO as well), but I think that if there is at least some development skills in the team, some development could be produced to show the ICO participants that the idea is realistic.


Title: Re: Don't invest in ICOs without working products.
Post by: que91 on July 23, 2017, 11:03:58 AM
Seems like a lot of ICO's scams are giving a bad rep to those that are actually trying to help create real authentic solutions for this world.  Ultimately, this hurts the entire industry including the growth of cryptocurrency.

We should give a chance for ico that are really deserving, we should not say all icos were scam since we gained on it from being bounty hunters,to investors and even having them in trading. Some ico really worth trying for.

Yes, I completely agree with you.  Especially those that have the items I previously listed.  ie.  Strong team, prototype, problem solving idea with a strong vision and roadmap, etc.

I can't wait until we announce our ICO to all of you...  :D

I understand your mean, but if have opportunity from cryptocurrency with ICOs, why not take advantage of opportunities for earning and become to rich man before this opportunity disappear? I know most ICOs in present not really and are in short time, although they had listed to exchange site but still delist anytime, as MobileGo when listing to Bittrex!


Title: Re: Don't invest in ICOs without working products.
Post by: Grant Hero on July 23, 2017, 06:22:43 PM
Seems like a lot of ICO's scams are giving a bad rep to those that are actually trying to help create real authentic solutions for this world.  Ultimately, this hurts the entire industry including the growth of cryptocurrency.

We should give a chance for ico that are really deserving, we should not say all icos were scam since we gained on it from being bounty hunters,to investors and even having them in trading. Some ico really worth trying for.

Yes, I completely agree with you.  Especially those that have the items I previously listed.  ie.  Strong team, prototype, problem solving idea with a strong vision and roadmap, etc.

I can't wait until we announce our ICO to all of you...  :D

I understand your mean, but if have opportunity from cryptocurrency with ICOs, why not take advantage of opportunities for earning and become to rich man before this opportunity disappear? I know most ICOs in present not really and are in short time, although they had listed to exchange site but still delist anytime, as MobileGo when listing to Bittrex!

Are you referring to buying into an ICO and then flipping it when it hits the exchange for a quick profit?  If so, sure... you can do that too and make a lot of money as a short-term investor.

But we should do our best to encourage and support the development of projects that solve a real problem, driven by a great team, with sustainable business models.  Otherwise, if we continue to support all projects (including scams) just to make a quick flip, it will dilute the market (and exchanges) with a lot of DAO's with bad business models and worthless altcoins.  As a result, the growth of the industry will slow as the general public will lose interest.


Title: Re: Don't invest in ICOs without working products.
Post by: waynechong1995 on July 23, 2017, 06:33:27 PM
So far you are right currently ICOs are very risky to invest, however you could check out Trueflip as they had a actual prototype to work with


Title: Re: Don't invest in ICOs without working products.
Post by: Raegorl on July 23, 2017, 07:13:52 PM
Hey guys, I fully agree. I am part of the ETHLend team (http://about.ethlend.io and https://bitcointalk.org/index.php?topic=2013399), which creates a decentralized lending market. We actually developed the dapp first in late April. We created collateralized lending with the use of ERC-20 tokens as a collateral, then we added the use of Ethereum name service domains as well for collateral.

Building the dapp before the white paper was actually the best idea we had so far. We actually understood the practical issues better and wrote a completely different paper than we would have if we would not have created the prototype dapp. In the first place we really wanted to understand how lending would work in decentralized environment. After the white paper we still have continued to develop the dapp further by adding reputation based lending as well.

I believe that some kind of prototype dapp indicates that the project has potential. I know that development has its costs and such (that is why we are doing an ICO as well), but I think that if there is at least some development skills in the team, some development could be produced to show the ICO participants that the idea is realistic.

Hopefully more ICOs adopt a model similar to yours in the future. There are a bunch out there who are only ideas and the team behind it has no idea how to even implement it yet, just looking for a quick fund grab...


Title: Re: Don't invest in ICOs without working products.
Post by: jk_14 on July 23, 2017, 08:49:23 PM
If you want to invest in ICOs, look for something with a working product like KICKICO. What are some other ICOs with working products?
AiCoin has a working product, and a fantastic one at that. For some reason nobody seems to be really picking up on this yet either, which is strange. Fortunately this isn't a coin that you will benefit from by getting it earlier in the ICO, since it's value is largely value-driven. Of course, the people who get in during the ICO and hold the longest will earn the most though.


Title: Re: Don't invest in ICOs without working products.
Post by: Grant Hero on August 30, 2017, 08:10:39 PM
We just announced our upcoming crowdsale this week.  Our non-profit foundation has been in motion since April and we have completed the development of our dapp platform and token.  At a glance, our platform enables donors to create and award personal grants direct to the public.  We've created a new technology called GiveChain within our GIVE Coin (based upon the Ethereum ERC20 platform) that anchors giving data to the blockchain for complete trust and transparency in the charitable giving process.   

At present, we are also creating API's that our partners can use in order to accept the GIVE Coin as payment into their website and mobile apps.

As mentioned before, I truly believe that investors should invest on the basis of:
  • Strong team
  • Idea / concept
  • Execution / traction

A team should earn the trust of its investors through their execution before they ask investors to invest millions into their project.

You can find details here including how you can test our platform:  https://bitcointalk.org/index.php?topic=2132508.0



Title: Re: Don't invest in ICOs without working products.
Post by: oreits11 on September 24, 2017, 05:02:32 PM
as partisan with the business entering to gains of returns with the decision of investment as appealing of customs with personal preference on examining offers from developer, the one with the offers of developer as having with no product with the goods on delivery gives with request as following with the preparation of risks management strategics as if to enter with the future extends as managing work with the arbitraging.



Title: Re: Don't invest in ICOs without working products.
Post by: dieselmeister on September 24, 2017, 05:23:44 PM
vinehub. they are demo so you can try before invest. livestar. this is the only ICO I must try before invest


Title: Re: Don't invest in ICOs without working products.
Post by: frowsiter on September 24, 2017, 05:34:53 PM
If you want to invest in ICOs, look for something with a working product like KICKICO. What are some other ICOs with working products?

It's true. That's the first thing one should check on while investing into an ICO. Well said with that, and I have found at least three such ICO which are having working model prototype. One us nexus social project who are having social platform just like Facebook but more or less direct selling of your product and services ad you would do with advertisement on the Facebook. The application is complete and running well on the site, smartphones and all compatible devices. That makes the ICO more trusted and believe it or not they hit the success when they launched there ICO. Another one is jibre network who is having awesome concept of converting your traditional assets to digital one with their platform. Both are good one and best until now. The working model which is what made them successful.


Title: Re: Don't invest in ICOs without working products.
Post by: trademark on September 24, 2017, 05:39:21 PM
Investing in ICO projects with a working product is much safer and less risk than investing in a project that is still developing the products.  However, the gains will be much greater once their developed products are released. 


Title: Re: Don't invest in ICOs without working products.
Post by: marados on September 24, 2017, 05:43:53 PM
Recently I invested in an ICO that hasn’t had a working project, and it has been a first ICO that I invested in, and so far it has shown as a good investment. I agree that we should check  and invest in ICOs with working product, especially now when there is so much scam going on, but also for me very important is the time that firm had their project going on even thought they haven’t got working product, because that shows if they are active or just came here recently, cause ICOs that are here since yesterday are probably scams...


Title: Re: Don't invest in ICOs without working products.
Post by: victory1 on September 24, 2017, 05:46:04 PM
Sadly, a typical ICO company has a website and a whitepaper, but no functional product.

The consensus in the venture capital world is that it's not good for a new startup to get too much money too quickly. The founders will feel compelled to spend the funds simply because they're there, and abundant resources will reduce the need to hustle hard for product-market fit.


Title: Re: Don't invest in ICOs without working products.
Post by: cryptoenterprise on September 24, 2017, 05:50:26 PM
I have invested in ICOs without a working product and I managed to win a lot of money once those ICOs where available on platforms.

I don't agree with your statement.

Yes, it would be better to have a working product, but this area is still new especially if you take into consideration that the last four months everything skyrocket.


Title: Re: Don't invest in ICOs without working products.
Post by: ployfit on September 24, 2017, 05:51:52 PM
Or just, you know, don't "invest" in ICOs at all. Giving money to random people in exchange of some random images and promises is worse than gambling.

Unfortunately, with the super easy nature of creating ICOs on Ethereum and other platforms, along with Bitcoin's price, crypto attracted a whole bunch of lazy idiots chasing a goldrush and throwing money into ICOs while having no idea or enthusiasm towards cryptocurrencies, giving it a bad name to cryptos altogether.

This is very constructive and beneficial for the newbies, frankly saying. But I still believe we can invest in trusted projects. For example, rivetz, peerguess and shadow era has their working products, as far as I know.


Title: Re: Don't invest in ICOs without working products.
Post by: Zadicar on September 24, 2017, 05:56:22 PM
Or just, you know, don't "invest" in ICOs at all. Giving money to random people in exchange of some random images and promises is worse than gambling.

Unfortunately, with the super easy nature of creating ICOs on Ethereum and other platforms, along with Bitcoin's price, crypto attracted a whole bunch of lazy idiots chasing a goldrush and throwing money into ICOs while having no idea or enthusiasm towards cryptocurrencies, giving it a bad name to cryptos altogether.

This is very constructive and beneficial for the newbies, frankly saying. But I still believe we can invest in trusted projects. For example, rivetz, peerguess and shadow era has their working products, as far as I know.
No one can really stop us on investing on ICO since we do have the full control of our funds.Even theres no actual working products on a certain project but you can able to see the high chance of being successful then its wise to invest our money on but there are really advantages on funding an ICO if you do already saw working products since you can somehow assure yourself that this project is legit and operating.


Title: Re: Don't invest in ICOs without working products.
Post by: victory1 on September 24, 2017, 05:58:04 PM
Because of its virtual, centerless nature, this is a marketplace that knows few borders, and which lacks solid legal guidelines, making it fertile ground for scams, theft, and failure.

Coupled with this is the sheer enthusiasm of the investment community, eager to get in on an apparent golden opportunity, an unfettered by the traditional legalese and middlemen of more regulated marketplaces.


Title: Re: Don't invest in ICOs without working products.
Post by: jacafbiz on September 24, 2017, 05:59:26 PM
This is very interesting because  Ethereum ICO was conducted when they have no products and we can see how this pans out, but I have seen some projects with Alpha platform which affect you test their platform you ask yourself is their need for the team to have an ICO for project like this


Title: Re: Don't invest in ICOs without working products.
Post by: glennmatthew on September 24, 2017, 06:07:46 PM
I understand all of the sceptics here, but there are certainly ICO's there that are worth considering.

Don't forget guys, Oculus Rift came from kickstarter. There are promising ideas out there, that just need some finance.  

As long as you are not a dork with your investments, and research throughly, the competition, the whitepaper, the team. You can enjoy the benefits one day.


Title: Re: Don't invest in ICOs without working products.
Post by: ici_lemmy on September 24, 2017, 06:08:50 PM
I understand all of the sceptics here, but there are certainly ICO's there that are worth considering.

Don't forget guys, Oculus Rift came from kickstarter. There are promising ideas out there, that just need some finance. 

As long as you are not a dork with your investments, and research throughly, the competition, the whitepaper, the team. You can enjoy the benefits one day.
agree. sometime we just need idea and a good team to invest. check their profile carefully to make sure they not take money away


Title: Re: Don't invest in ICOs without working products.
Post by: APICEMTECH on September 24, 2017, 06:10:06 PM
Talking about ivnesting in Initial coin offerings with working products, I invested in Opus. They had a great working alpha before the ICO and collected 5 MIL USD during the ICO. For some reason the prices have dropped 20% less than the ICO price. Same is the case with Blackmooncrypto.


Title: Re: Don't invest in ICOs without working products.
Post by: wantjokull on September 25, 2017, 05:34:16 AM
Yeah I guess that's pretty much true about the ICO. Now a days all the shitty ICO are coming daily with just an idea about something but no real implantation of the product before the launch of ICO or even in the next two quarters of their roadmap if you read it on their websites. They will just write down a professional looking white paper and publish it on the forum and other knowledge base blogs and will try to raise the funds. Some of them even will do big signature campaigns but won't pay you at the end of ICO because it's just show off nothing else.


So having working model means having great assurance of our return of investment in that ICO. We better be watching for it.


Title: Re: Don't invest in ICOs without working products.
Post by: niisarearning on September 25, 2017, 07:25:43 AM
Recently i have participated in Proxy live video demo and other events . They are already having Working product and also token is ready and already started distributing in airdrop so it seems like good project . Because their working with the concept real time payment of ethereum everywhere and Proxy is ready with Proxy card delivered soon after ICO as i communicated with team like in a october only .
Team is looking promising and completely active. Always come up with new campaign for promoting the Token and ICO .
In recent time proxy is the most active team i seen doing lots of activities to reach their product to people .


Title: Re: Don't invest in ICOs without working products.
Post by: okissabam on September 25, 2017, 07:32:22 AM
I think Aventus is one ICO that's working, though I was not able to join the campaign I was also looking at the project itself and find it very interesting. I think their ICO had just ended and they already have pending projects already currently lined up because I think it is the first ticketing ICO that had been launched through this forum.


Title: Re: Don't invest in ICOs without working products.
Post by: Cnut237 on September 25, 2017, 07:54:55 AM
If you want to invest in ICOs, look for something with a working product like KICKICO. What are some other ICOs with working products?

Whilst it is great when a project does already have a working product, the reason a lot of ICOs are start-ups is because they need to generate money for the project. So I think if you restricted yourself to those that already have a product, you'll miss out on a lot of opportunities.

Nothing against Kickico though, just a general comment.


Title: Re: Don't invest in ICOs without working products.
Post by: bamb on September 25, 2017, 08:03:47 AM
I totally agree with your assertion. The least any start up could do is to show some sweat equity. They are asking for financial backing and they must be able to give something in return. However there is still some start up you need to trust blindly!


Title: Re: Don't invest in ICOs without working products.
Post by: Crypto-X on September 25, 2017, 08:06:06 AM
What's about ICO without working product yet but started by reputable people having great business plan?
I think such ICOs are worth investing in them.


Title: Re: Don't invest in ICOs without working products.
Post by: bamb on September 25, 2017, 08:12:07 AM
Investor in ICO need to have the mindset of Venture capitalist. Your money is your power, your tool you are working with. You must be able to audit every cent you spend. Judging your spending on risk vis a vis reward and value you get in return fir spending the money


Title: Re: Don't invest in ICOs without working products.
Post by: Crypto-X on September 25, 2017, 08:22:17 AM
However there is still some start up you need to trust blindly!

Definitely, and it does not really depend on working product availability.


Title: Re: Don't invest in ICOs without working products.
Post by: coinzoid on September 25, 2017, 09:23:50 AM
The decision making process of investing to initial coin offerings is difficult. And amount of ICOs out there makes it difficult to eliminate fake ones and invest into right one.

A lot of icos only consist of an idea, rather than working product. And such icos, usually ended up being fake or create less profit when they hit exchanges. Because investors see no further improvement, they decide to dump and recover part of their initial investment.


Title: Re: Don't invest in ICOs without working products.
Post by: deppil on September 25, 2017, 11:57:45 AM
If you want to invest in ICOs, look for something with a working product like KICKICO. What are some other ICOs with working products?

I agree though I don't understand KICKICO. Most ICOs are crap, and many started by newbie, I don't understand it, cheating without even try to give out some credibility??
yeah it would be better if you are looking for ICO that has a purpose to market their product or application. like CarTaxi they have a product you can download through the playstore and you can enjoy the facilities and pay by using cryptocurrency, card or cash


Title: Re: Don't invest in ICOs without working products.
Post by: Piggy on September 25, 2017, 12:05:56 PM
I suggest swarm fund an magos, both ready to go after ico ends


Title: Re: Don't invest in ICOs without working products.
Post by: NoNetwork on September 25, 2017, 01:40:52 PM
Talking about ivnesting in Initial coin offerings with working products, I invested in Opus. They had a great working alpha before the ICO and collected 5 MIL USD during the ICO. For some reason the prices have dropped 20% less than the ICO price. Same is the case with Blackmooncrypto.
That would probably the most common result if the project is currently in progress and wanted some investors to make the rise the of the pool of the collected value of the ICO overall. But according to what you've said it dropped 20% less that the ICO price, isn't it very suspicious? Is it really that trustworthy, the ICO I mean.


Title: Re: Don't invest in ICOs without working products.
Post by: Aaroenz0r on September 25, 2017, 01:56:45 PM
some ICO have greate idea and great dev team and they dont have money. If we miss these ICO will be a big mistake for us


Title: Re: Don't invest in ICOs without working products.
Post by: feelideb on September 25, 2017, 02:04:34 PM
Don't invest in an ICO without working product? Unfortunately people do. A lot of forks just want to make many in an instant nothing is wrong with though cause there bills to pay.


Title: Re: Don't invest in ICOs without working products.
Post by: 0t3p0t on September 25, 2017, 02:05:57 PM
If you want to invest in ICOs, look for something with a working product like KICKICO. What are some other ICOs with working products?
Yeah that's what I did actually but now I participated in SPECTRE ICO and what do you guys think about this project? I was once a participant of KICKICO but never invested in it. Should I invest in ICO's that I am in or bounty tokens is enough? This is my first time to join in ICO bounties and I was like being nervous since there are news about ICO's risky to invest like effort, time and money.


Title: Re: Don't invest in ICOs without working products.
Post by: skullsandbones on September 25, 2017, 02:11:09 PM
But how can an ICO have a working product? To actually have a working product you need a huge budget and timeframe. This is the whole point of an ICO!



Title: Re: Don't invest in ICOs without working products.
Post by: bitcub on September 25, 2017, 02:14:30 PM
yEAH, never ever, invest your money to a crypto without a working product like Bitcoin, lols. Just kiddin! Business model is very important to a coin. Always look for a crypto backing up with a service or products.

If you want to invest in ICOs, look for something with a working product like KICKICO. What are some other ICOs with working products?


Title: Re: Don't invest in ICOs without working products.
Post by: noodle_dam on September 25, 2017, 02:27:05 PM
I wish someone would have told me to NOT invest in the ETH ICO because, you know, no viable product.  ;)

No, really, people SHOULD invest in what they research and consider it a good investment for themselves. Sure it's risky but for fuck's sake it can be rewarding too! Don't invest what you can't lose, people!


Title: Re: Don't invest in ICOs without working products.
Post by: SL125 on September 25, 2017, 02:30:03 PM
LOL, almost all of them do not have working products! I agree with the OP, the ones without products are the easiest scams.


Title: Re: Don't invest in ICOs without working products.
Post by: Savvy7188 on September 25, 2017, 02:35:09 PM
im definitely leery about these "too good to be true" ICOs this thread helped me alot thanks guys


Title: Re: Don't invest in ICOs without working products.
Post by: noictib on September 25, 2017, 03:08:41 PM
LOL, almost all of them do not have working products! I agree with the OP, the ones without products are the easiest scams.
I also agree with OP and You , Because ICOs are those platforms where we can make investment for thoee things which are not completed yet and will develop finally after the better amount of collection of money , and I think ICOs are those ways to make money where it is  not sure that when we will get earnings profit Because the main reason is that the ICOs are for those people company who have no money but have talents lots , so that they can do better . But few people take advantage of such types of idea to steal people .
Well innthe current time investment in ICOs is better thing to about 80-90%. , So here probably we can make profit if we can investment in better ways .


Title: Re: Don't invest in ICOs without working products.
Post by: Kisanaq on September 25, 2017, 04:10:49 PM
LOL, almost all of them do not have working products! I agree with the OP, the ones without products are the easiest scams.
I also agree with OP and You , Because ICOs are those platforms where we can make investment for thoee things which are not completed yet and will develop finally after the better amount of collection of money , and I think ICOs are those ways to make money where it is  not sure that when we will get earnings profit Because the main reason is that the ICOs are for those people company who have no money but have talents lots , so that they can do better . But few people take advantage of such types of idea to steal people .
Well innthe current time investment in ICOs is better thing to about 80-90%. , So here probably we can make profit if we can investment in better ways .
Yes true, almost all ICOs are token and platform, they will focus on specific fields, the coin is made to be used according to the platform, for example gambling, invoice, property, insurance and so on.


Title: Re: Don't invest in ICOs without working products.
Post by: digital_weezer on September 26, 2017, 12:40:42 PM
Crowdholding has had a working beta since March, they are about to launch their ICO on the 1st of November. Looks promising.

https://ico.crowdholding.com


Title: Re: Don't invest in ICOs without working products.
Post by: bitcoinvestor on September 26, 2017, 01:05:01 PM
If you want to invest in ICOs, look for something with a working product like KICKICO. What are some other ICOs with working products?
Hazza is great iCo it is multicoin wallet. Most ICo wallet made succesful crowdsale and projects. you can use the service after that so the coin price will increase too. I like Coss.io and TKR token. TKR is crypto alert trading platform but the ICO has finished.


Title: Re: Don't invest in ICOs without working products.
Post by: Freedom24 on September 26, 2017, 01:08:00 PM
Or just, you know, don't "invest" in ICOs at all. Giving money to random people in exchange of some random images and promises is worse than gambling.

Unfortunately, with the super easy nature of creating ICOs on Ethereum and other platforms, along with Bitcoin's price, crypto attracted a whole bunch of lazy idiots chasing a goldrush and throwing money into ICOs while having no idea or enthusiasm towards cryptocurrencies, giving it a bad name to cryptos altogether.

Hi, bathrobehero
Your analysis is very justified.
I am analysis at deeponion now. I think that I will not get on the airdrop plane, but I consider to buy some.
Can you give me some advise?


Title: Re: Don't invest in ICOs without working products.
Post by: deppil on September 26, 2017, 03:39:00 PM
But how can an ICO have a working product? To actually have a working product you need a huge budget and timeframe. This is the whole point of an ICO!


thats why, they make ICO so they can get funds to finance the idea they make, for example I see ico who have project for banana field business, they have tens of thousands hectares and probably will add it because they see big profit potential so they need funds, and make ico to get the funds, maybe it's a little example of a potential ico that have working product


Title: Re: Don't invest in ICOs without working products.
Post by: layoutph on September 26, 2017, 03:46:39 PM
Researching an ICO and doing some investigation before buying is a must. Must have a good, unique and solid business model. I think COSS and MTH has a wonderful business model?

COSS = Trading, Ecommerce, market p2p
MTH = Ecommerce plugin, market p2p


If you want to invest in ICOs, look for something with a working product like KICKICO. What are some other ICOs with working products?


Title: Re: Don't invest in ICOs without working products.
Post by: StockBet.com on September 26, 2017, 03:47:40 PM
If you want to invest in ICOs, look for something with a working product like KICKICO. What are some other ICOs with working products?

We have working software.  Join in our latest betting round, by making a bet on Bitcoin:

https://stockbet.com/#/BullBear/round/17942

Gnosis raised $12.5 million in April 2017 and they still have not released a game yet.  Their website still states:

Quote
The Hunch Game is nearly ready and can be launched in the first half of 2017 as an example Gnosis app.

Augur raised $5 million near the beginning of 2015, stacked their team with 13 members and 7 advisors (including Vitalik Buterin).  After 2.5 years, they only have a simple beta demo for testing.  StockBet’s app already has more features.

Wagerr raised $10 million to do sports betting.  There is still no game, no prototype nor app.

We have not raised a cent yet and we already have an app that you can use on thousands of stocks, ETFs and now on Bitcoin!  Tomorrow, you'll be able to bet on Ethereum.

Since we cannot compare our app to Gnosis or Wagerr, below is a comparison to Augur.  Left side is Augur.  Right side is BullBear on StockBet, which does not include the dashboard, scoreboard and messaging.  The difference is stark:

https://stockbet.com/tokensale/for_bitcointalk/augur-bullbear.png


Title: Re: Don't invest in ICOs without working products.
Post by: Yadstiker on September 26, 2017, 03:50:29 PM
But how can an ICO have a working product? To actually have a working product you need a huge budget and timeframe. This is the whole point of an ICO!


thats why, they make ICO so they can get funds to finance the idea they make, for example I see ico who have project for banana field business, they have tens of thousands hectares and probably will add it because they see big profit potential so they need funds, and make ico to get the funds, maybe it's a little example of a potential ico that have working product
Exactly.. That is the main purpose why ICO was being made and launched, besides they have roadmaps, whitepaper and specially they have terms, those are the things you need to be aware of once you want to invest, it is not that without a working project its untrusted already. Try to look at those successful projects now and look about their past what did they undergone.


Title: Re: Don't invest in ICOs without working products.
Post by: kamina87 on September 26, 2017, 03:52:17 PM
I'm investing in the Change-Bank project because the foundation of the project is linked to the bank and the project has a premium debit card. The roadmap of the project and the team develops very well. People can get more information at this link: https://bitcointalk.org/index.php?topic=2087937.0


Title: Re: Don't invest in ICOs without working products.
Post by: tylerik1 on September 26, 2017, 03:52:48 PM
Yeah always do some good researches before invest in an ICO! I sw a lot of project that havent delievered anything after their launch! I am always looking for a strong and and active team.


Title: Re: Don't invest in ICOs without working products.
Post by: dolan564 on September 26, 2017, 03:53:47 PM
i'd say invest into ico's with a good team, if the product isn't finished just hodl it out.


Title: Re: Don't invest in ICOs without working products.
Post by: supermario64 on September 26, 2017, 04:28:29 PM
agree. as much as people don't want to treat these like normal financial institutions, we should be looking at this the way that angel investors look at investments. it's exceedingly rare for a company to receive angel investment without at least an MVP/alpha version and some set of initial traction.


Title: Re: Don't invest in ICOs without working products.
Post by: jmigdlc99 on September 26, 2017, 04:45:14 PM
If you want to invest in ICOs, look for something with a working product like KICKICO. What are some other ICOs with working products?

I get what you mean but you should also understand most ICOs are done because of the lack of working products. They need funding in order to actually products working.

But anyway, I believe a solid ICO whose team has constantly delivered "working" products is the ENJIN ICO. I used their service as a minecraft server owner before and during my 1 year use of their services there were always lots of updates and enhancements to their platform. I believe they will do really good once they launch their mainnet.


Title: Re: Don't invest in ICOs without working products.
Post by: NoNetwork on September 26, 2017, 04:54:16 PM
LOL, almost all of them do not have working products! I agree with the OP, the ones without products are the easiest scams.
If you would think of it as an investor and not some judgmental user, then I think you would reconsider on the statement that you've said.

The main reason why most of the ICOs don't have 'working products' is as clear as water. It is because this is their reason they wanted to have an ICO for their product, to raise FUNDS for their project to have WORKING PRODUCTS, do you understand now.

To put it more simple, they can't work because they don't have the balance that they needed, therefore they make an ICO for it and gather investors for the product in order for them to produce WORKING PRODUCTS.


Title: Re: Don't invest in ICOs without working products.
Post by: tfot123 on September 26, 2017, 05:07:31 PM
Hi guys,

I’m the community manager for Pally and just wanted to invite you to join the discussion on our bitcointalk thread and telegram group. We’re a decentralised social travel platform, have existed since early 2016, have live products out and got successfully through our pre-sale in 11 minutes in August. Hope to speak to some of you

https://bitcointalk.org/index.php?topic=2100229.0
https://t.me/icopally

You can also try out a BETA version of the app
https://itunes.apple.com/us/app/pally-the-app-for-friendly-internationals/id1206993633?mt=8


Kind Regards,
Tanya
Community Manager


Title: Re: Don't invest in ICOs without working products.
Post by: Grant Hero on September 28, 2017, 05:50:08 PM
We have a working product!   ;)

Check out our upcoming crowdsale on the 2nd of October at http://crowdsale.granthero.ngo for the reasons below.  

Experienced and authentic team:
The core of our team are technologists with years of experience working in the industry at companies such as Microsoft, American Airlines, and more. In fact, most of which have had experience working together prior to joining Grant Hero, resulting in strong team chemistry, collaboration, and a track record of success. Our experience extends around multiple disciplines and specialties.

Solution to a real problem:
At Grant Hero Foundation, we are seeking to disrupt the non-profit industry which has been operating with the same archaic principles and processes for decades. The industry is ripe for innovation and the application of blockchain technology can open doors to new possibilities that provide donors with complete autonomy and transparency in the charitable giving process.

Token Utility:
At The Grant Hero Foundation, we wanted to utilize the functionality of smart contracts on the Ethereum platform to create unique functions that leverage the technology itself. More specifically, creating a new technology called GiveChain™ that anchors giving data to the blockchain. In other words, provides a receipt of giving history for each donation. This receipt provides irrefutable proof of the giving data recorded at a specific time. Thus, preserving data and charitable giving integrity and increasing overall trust in the industry.

Execution (Working Product):
Execution > Ideas... Unlike many other crowdsale’s, we are not raising funds to begin the development of Grant Hero. Our foundation has been in motion since Spring of 2017 and the beta version of the platform is completed. We believe that it is our responsibility to build trust by demonstrating our capability and passion through action prior to raising funds (as opposed to asking the community to invest on risky projects with no product that may never come to fruition). Grant Hero is a long-term full-time commitment for our team regardless of a whether or not our crowdsale is successful.

Potential:
Charitable giving is forecasted to reach $400B in 2017 alone. Helping others in need is increasing becoming more popular as new tools and platforms are being created to help simplify the process. We at The Grant Hero Foundation truly believe that we are on the forefront of this change and will become a leader in providing trust and tranparency in this industry.



Title: Re: Don't invest in ICOs without working products.
Post by: dolan564 on September 28, 2017, 05:52:56 PM
i'd also like to add, you don't NEED to invest into ICOs. you can just be apart of the pump and dump cycle if you want quick cash. Investing meaning you keep your money in them for the long term, but there are many things that pump coins ie) initial post-ico pump, gets listed on an exchange, some actual well known dev tweeting the team, etc.


Title: Re: Don't invest in ICOs without working products.
Post by: Cmoh on September 28, 2017, 06:36:32 PM
Investment in ICOs now a days booking because people are always searching of new assets for their money in safe heaven and liquidity to be within a minute. For this purpose first you should research the product of company that brings with ICOs. If any body have the idea of actually which countries are now allowing the icos? Post the detailed list of this countries here.


Title: Re: Don't invest in ICOs without working products.
Post by: adzino on September 29, 2017, 08:32:20 AM
Investment in ICOs now a days booking because people are always searching of new assets for their money in safe heaven and liquidity to be within a minute. For this purpose first you should research the product of company that brings with ICOs. If any body have the idea of actually which countries are now allowing the icos? Post the detailed list of this countries here.
How could you be saying that ICOs are safe heaven for investing money? Whole new lot of risks when investing on ICOs. Lots of shitty and scammy ICOs are out there where once the ICO is over they halt their development. They are  just dump and pump schemes.
Most ICOs lists countries which will be able to participate, so you can easily find out which countries allows ICO and which don't.


Title: Re: Don't invest in ICOs without working products.
Post by: FLUZFLUZGLOBAL on November 24, 2017, 11:22:00 AM
Hello everyone, I would like to give you short information about our ICO which might get your interest.

Fluz Fluz already working product, active community and proven cash-back payouts in South America

We have more than 200 cash-back partners including global top brands. ( Nike, Uber, Amazon etc.)

you can learn more on our ico page: https://ico.fluzfluz.com/

feel free to talk with our team on telegram: https://t.me/fluzfluzico


Title: Re: Don't invest in ICOs without working products.
Post by: gidaahmad on November 24, 2017, 11:53:39 AM
Yes, this is something we must understand absolutely. We must invest in ICO which has a product. Because this will make us confident with the future of the money we invest. Since many ICOs end in Big Dump, they do not have a running product.


Title: Re: Don't invest in ICOs without working products.
Post by: jimsteel on November 24, 2017, 05:45:06 PM
I agree with your statement. I think it's the only way (without regulation) that ICO's can evolve to be safer and more secure for the average investor / adopter.

Currently right now there is an influx of ICO's which increases the amount of poor ideas / scams, this is only hurting and breaking trust in the crypto community. The fact is that if a startup has created a product that works, they have validated it, knows it has a market and have put time and effort into it and will not abandon it.

One that I found is Crowdholding, and I have seen that they have been compared to KickICO, but they are a little different. What do you guys think about them?

https://ico.crowdholding.com



Title: Re: Don't invest in ICOs without working products.
Post by: jackolinyoko on November 24, 2017, 05:46:51 PM
Why would you risk your money into something that has no product?I would rather join free aidrops than a scam ICO.We should be vigilant because theres a lot of scammers in the market.


Title: Re: Don't invest in ICOs without working products.
Post by: Rose119 on November 24, 2017, 06:15:27 PM
Yes, this is something we must understand absolutely. We must invest in ICO which has a product. Because this will make us confident with the future of the money we invest. Since many ICOs end in Big Dump, they do not have a running product.

Think wisely specially in terms of investing money in an ICO, because some ICO through away the money . ICO needs to be more secure to those investors.


Title: Re: Don't invest in ICOs without working products.
Post by: Spaffin on November 24, 2017, 09:14:29 PM
If investors were more careful in choosing projects for investment, potential scammers would be less likely to raise money from a contrived ICO project. Therefore, illegible investment of their funds in these projects allow fraudsters to make huge profits and deceive investors. In general, I think that the issue of state regulation of the process of issuing initial coins has long been ripe. It is necessary to identify the persons who are going to engage in this activity and some kind of primary evaluation of the project itself.


Title: Re: Don't invest in ICOs without working products.
Post by: nicosey on November 24, 2017, 09:20:09 PM
Good point.

Look at trade.commerceblock.com


Title: Re: Don't invest in ICOs without working products.
Post by: bribed on November 24, 2017, 09:58:32 PM
Thats definitely a valuable advice. Most ICO's are based only on an idea and the possibility of them realizing the idea into a working product are small. I recently found this very interesting thread about filters for investing more safe into ICO's. I think everyone should read those guidelines to protect themselves. Ill link it here: https://bitcointalk.org/index.php?topic=2243157.0


Title: Re: Don't invest in ICOs without working products.
Post by: PokerStein1 on November 24, 2017, 10:02:33 PM
Maybe Stratis is not an ico but you can invest Stratis really hard because Stratis will be huge and they nearly have a working product with them.


Title: Re: Don't invest in ICOs without working products.
Post by: BogdanGFTP on November 24, 2017, 10:04:27 PM
Spectiv launched their platform, so they are


Title: Re: Don't invest in ICOs without working products.
Post by: Ttrader on November 24, 2017, 10:12:05 PM
Investing in ICO's is speculative by nature. Do your own research and make your own decision on whether a project will be successful or not. Scams are easy to spot if you know what to look for in a quality project and having a working product is not always ideal for many startups.


Title: Re: Don't invest in ICOs without working products.
Post by: Paecga129 on November 24, 2017, 10:19:40 PM
I learned this the hard way with Confodo. I invested in the and it turned out to be a scam, and they sold all their premine and ran away with over $300,000. :/


Title: Re: Don't invest in ICOs without working products.
Post by: nogoodcoin on November 24, 2017, 10:20:20 PM
I agree, I do not recommend investing in ICOs that do not do any business and are just created to make money. Do not let your money know the value of money and scam yourselves.


Title: Re: Don't invest in ICOs without working products.
Post by: Gunpaycity on November 25, 2017, 06:36:01 AM
If you want to invest in ICOs, look for something with a working product like KICKICO. What are some other ICOs with working products?
I do not understand a working product, but as long as the information of an ICO that can be profitable I would like to participate to follow it


Title: Re: Don't invest in ICOs without working products.
Post by: Matthewmorris4 on November 25, 2017, 06:42:00 AM
If you want to invest in ICOs, look for something with a working product like KICKICO. What are some other ICOs with working products?
I do not understand a working product, but as long as the information of an ICO that can be profitable I would like to participate to follow it

How could it be profitable if the ICO didn't work ?
how could you said profitable, if ICO was fake, they could be make a fake team, fake roadmap and whitepaper and the owner is only sleeping on his room and waiting you people invest your bunch of $ into their wallet


Title: Re: Don't invest in ICOs without working products.
Post by: Cryptogiji on November 26, 2017, 09:22:35 PM
I agree with your statement, but also investing into a project just because it has a working project will only end in tears as well.

The most important thing is to do research into everything, if they have a working product that's a bonus, but it shouldn't take away from the fact that you still need to have a great team behind it, solid concept and all the numbers need to be in the right place.


Title: Re: Don't invest in ICOs without working products.
Post by: aquantivis86 on November 26, 2017, 09:23:58 PM
True that.

Even a codebase / github is not good enough if it is not working.  Anyone who knows what they are doing can throw together a bunch of nice looking code.  The hard part is getting it to work.