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Author Topic: Never invest no product ICOs  (Read 6744 times)
JENREM
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July 17, 2018, 09:04:06 AM
 #801

Today, ICO is an important component in the cryptocurrency ecosystem. And for me if a company does not have a product, then this is a scam project. So if you want to choose best ICO you have to check the whitepaper and the team.

That's the first thing that everyone needs to consider. You have to make sure that the project you are joining has a white paper because it helps you to know if that project is not a scam at all. That's the most important things there.
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According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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July 17, 2018, 09:17:08 AM
 #802

Today, ICO is an important component in the cryptocurrency ecosystem. And for me if a company does not have a product, then this is a scam project. So if you want to choose best ICO you have to check the whitepaper and the team.

That's the first thing that everyone needs to consider. You have to make sure that the project you are joining has a white paper because it helps you to know if that project is not a scam at all. That's the most important things there.
Honestly whitepaper is a concept about how the project will be running in the future and there was no guarantee if the all of story will be similar as the concept of the project itself. MVP was a better rather than consider whitepaper. Sometimes there was a developer that has been changing the concept at the middle of development.

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Hikimanr
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July 17, 2018, 06:45:20 PM
 #803

Yes, it is safer to invest in a company that has a product.  I think then the chance that you will lose money much less.
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July 18, 2018, 12:22:32 PM
 #804

I agree, if you invest in a company without a product, then there is a chance that you will lose all the money.  Because now a lot of scam companies without a product.
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July 18, 2018, 12:29:44 PM
 #805

I agree, if you invest in a company without a product, then there is a chance that you will lose all the money.  Because now a lot of scam companies without a product.
To avoid ICO scams and people complain later and believe that all projects are fraudulent, you first have to be aware and wonder if the project that your fraud really needs a token or ICO, ICO serves to raise funds for a project that usually involves blockchains, but if you do not need that technology to drive the project.
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July 18, 2018, 01:18:39 PM
 #806

Yes, I also think that you should not risk and invest in a company without a product.  It is better to find another company.
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July 20, 2018, 06:38:19 AM
 #807

The product it self is the most important things to consider when choosing the right ICO for investments or bounty campaign. They should have a realistic product or offers in order to be trusted by the community, its too suspicious if you found that the project has unrealistic goals or too good to be true offers to their clients.

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July 20, 2018, 01:50:03 PM
 #808

Your emotions are right, it is surely more secure to place assets into ICOs that starting at now have a working model. It offers conviction to the money related pros. Be that as it may, remember that there are stunning musings out there that need a x-measure of liberal indicate attempt and get a working model. That is the reason I like the likelihood of escrowed stores with ICOs, and a system based vote to release the advantages in tranches.
fly99
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July 20, 2018, 01:56:39 PM
 #809

I don't think your words have any meaning. It is like telling others that you never gamble. No one will follow your advice. The higher the risk, the higher the return will always attract a steady stream of investors.

concons31
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July 20, 2018, 01:58:46 PM
 #810

It is a good analysis because ICOs tokens are based on the real value of a project. When a product or working prototype, it gives more confidence in the successful completion of the project.I personally believe that both have a lot of potential, since their whitepapers and the companies behind them are credible.
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July 21, 2018, 06:48:10 AM
 #811

It's hard not to agree.  After all, this is obvious when there is a working product, then it is more likely to get profit!
Odonko
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July 21, 2018, 06:58:55 AM
 #812

This is a good suggestion for us all and i think if we all stick to this no investor or bounty hunter would complained of being scammed because if the project team has something already established they would do their best to make sure that the project becomes a success. If a project has an already developed product they would be commited to the success of the project.

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July 21, 2018, 07:15:42 AM
 #813

I totally bolster your situation on putting stores in ventures that don't have any item. Obviously, this ought not be done, in light of the fact that nothing keeps them from basically abandoning us with our cash. It is constantly more tenable and safe to consider something in which really exists.
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July 21, 2018, 07:30:00 AM
 #814

Yeah its nice to invest to a project that have own products or already have products because mostly you can think how can they have their funds their project to make it successful.
Panda.Panna
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July 21, 2018, 07:55:28 AM
 #815

All ICO have a high risk, and therefore there is a lot of skam, which at the moment is about 90%.
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July 21, 2018, 07:57:50 AM
 #816

ICO without the product is like we work for something that is not clear its purpose. There are so many ICOs that create great products. So it's better to look for ICO's existing products and also have a team that has a high level of creativity and innovation. So it can be counted on to achieve the objectives of the ICO in accordance with the target time and amount that has been specified.

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July 21, 2018, 08:01:09 AM
 #817

The new slogan should be 'never invest in Ico with private sale' also. If you want to open a thread about it there is much to say!!
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July 21, 2018, 08:27:31 AM
 #818

I agree.  Investing in a company without a product is a big risk.  It's better to find a good company with the product.
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July 21, 2018, 08:33:13 AM
 #819

Is it advertising from KickCity? I agree with you, working platform or product very imoprtant for ICO. I think ICO without anything but with roadmap and whitepaper may be scam (80%).
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July 21, 2018, 08:36:36 AM
 #820

The finished product is not a guarantee that investors will make a profit. I met projects without a product, but with a good team and hype, and as a result, investors made a profit of 5x-10x.

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