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Author Topic: Don't invest in ICOs without working products.  (Read 3244 times)
skullsandbones
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September 25, 2017, 02:11:09 PM
 #101

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!

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September 25, 2017, 02:14:30 PM
 #102

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?

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September 25, 2017, 02:27:05 PM
 #103

I wish someone would have told me to NOT invest in the ETH ICO because, you know, no viable product.  Wink

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!

SL125
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September 25, 2017, 02:30:03 PM
 #104

LOL, almost all of them do not have working products! I agree with the OP, the ones without products are the easiest scams.
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September 25, 2017, 02:35:09 PM
 #105

im definitely leery about these "too good to be true" ICOs this thread helped me alot thanks guys
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September 25, 2017, 03:08:41 PM
 #106

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 .
Kisanaq
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September 25, 2017, 04:10:49 PM
 #107

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.
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September 26, 2017, 12:40:42 PM
 #108

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
bitcoinvestor
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September 26, 2017, 01:05:01 PM
 #109

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.
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September 26, 2017, 01:08:00 PM
 #110

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?
deppil
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September 26, 2017, 03:39:00 PM
 #111

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
layoutph
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September 26, 2017, 03:46:39 PM
 #112

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?
StockBet.com
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September 26, 2017, 03:47:40 PM
 #113

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:


Yadstiker
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September 26, 2017, 03:50:29 PM
 #114

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.
kamina87
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September 26, 2017, 03:52:17 PM
 #115

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

tylerik1
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September 26, 2017, 03:52:48 PM
 #116

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.

dolan564
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September 26, 2017, 03:53:47 PM
 #117

i'd say invest into ico's with a good team, if the product isn't finished just hodl it out.
supermario64
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September 26, 2017, 04:28:29 PM
 #118

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.
jmigdlc99
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September 26, 2017, 04:45:14 PM
 #119

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.

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NoNetwork
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September 26, 2017, 04:54:16 PM
 #120

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.
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