Don't invest in ICOs without working products.

[victory1]

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.

[jacafbiz]

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

[glennmatthew]

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.

[ici_lemmy]

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

[APICEMTECH]

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.

[wantjokull]

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.

[niisarearning]

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 .

[okissabam]

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.

[Cnut237]

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.

[bamb]

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!

[Crypto-X]

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.

[bamb]

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

[Crypto-X]

However there is still some start up you need to trust blindly!

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

[coinzoid]

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.

[deppil]

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

[Piggy]

I suggest swarm fund an magos, both ready to go after ico ends

[NoNetwork]

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.

[Aaroenz0r]

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

[feelideb]

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.

[0t3p0t]

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.