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Author Topic: Never invest no product ICOs  (Read 6757 times)
aleksandra_kickcity (OP)
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February 19, 2018, 01:57:34 PM
 #181

not all ico are dump because it has no product, many ico have product but it still dump too, so just read the whitepepper, depend of my experiemce good coin have low suppy, fast transaction, and have active developer Smiley

agree, but still, I believe a product is important for and ICO
kier010
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February 19, 2018, 02:23:53 PM
 #182

ICOs that don't offer products are more risky and most likely are scam. but still some or more ICOs start their project with ideas and theory only and need money to start to develop and implement it. we can say ICOs that don't products to offer are more risky compared to ICOs with products to offer.
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February 19, 2018, 03:29:11 PM
 #183

Actually, there's no point on investing into NO Product Altcoins because Bitcoin, Bitcoin Cash and other hard forks and Ethereum are already circulating in the market today.
Those are coins that has no products but only to invest, trade and circulate...
But all the new Altcoins today are bringing up varieties of Crypto Flavors to assist their clients and customers on helping them of having more accessibility and flexibility between the customers and their products.
Blockchain are being developed today by Giant corporations and companies and some of them are partnering to some existing blockchain to accommodate their platform to their clients and customers.
That's why new altcoins today are having unique products and projects.
So, today we are staying away from new altcoins that has no projects or products.

aleksandra_kickcity (OP)
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February 19, 2018, 03:35:47 PM
 #184

ICOs that don't offer products are more risky and most likely are scam. but still some or more ICOs start their project with ideas and theory only and need money to start to develop and implement it. we can say ICOs that don't products to offer are more risky compared to ICOs with products to offer.

It is good to invest in a great idea. But you can loose money
Kunlejoe0
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February 20, 2018, 08:43:44 AM
 #185

As much as ICO with existing product and service are worthy of investment, project with solid idea and  capable developer should not be ignore either. Some of the most successful company are those company that has winning idea and better service. We should not be close minded when it comes to taking calculated risk that could lead to good profit.
ntoken
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February 20, 2018, 08:59:49 AM
 #186

I agree they are high risk ones, but they are also of high returns.
For example, ETH, EOS, NEO and ADA
roshanface123
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February 20, 2018, 08:59:56 AM
 #187

Yes Now i am focusing on ICO which is having working product . Recently i found dome ICO is having product ( I dont want to mention name because of Forukm ICO bump policy) . But they clearly mentioned they need fund for further marketing and blockchain integration . It makes lots of trust on project.
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February 20, 2018, 09:00:04 AM
 #188

Yes working product or Minimum Viable Product should be own by all ICO so they will get trust from their investor and their community, and not only plan in whitepaper. Working product is a prove if they are will serious to more development the project.

EXIP PROJECT
A Decentralized Domain & Top-level domain service where your domain and TLD identified by a NFT
────────  Whitepaper ⬝  Twitter ⬝  Telegram⬝   Facebook ⬝  Medium    ─────── 
xsaints128
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February 20, 2018, 09:16:18 AM
 #189

I fully agree with you. Why would a person invest in a project which doesn't have any product and wants to raise millions of dollars. A project should atleast have a MVP so as assure the investors that its team has already started working and has a beta for the product.

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February 20, 2018, 09:35:38 AM
 #190

I partially agree with you, as product gives an idea how the team is capable to deliver the vision. However, blockchain and most of the projects are entering a young industry where talented are limited and they need resources to execute it well. I love projects with a solid product, but I also like investing in good teams.
serkhio
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February 20, 2018, 09:49:37 AM
 #191

The ico equipped with a product is more reliable but not means it is secure. An app is easy to build and u should check it overall.

▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
DIW ◈    DIWtoken.com    ▐   WHITEPAPERANN THREADTELEGRAM   ▌    SECURITY DECENTRALIZED
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
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February 20, 2018, 10:10:01 AM
 #192

True!

The most important thing to check when investing is the ICO product.
Other than that - I also check community size and how much was invested so far, But - The product or product idea is the best guideline to follow when investigating new ICO.
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February 20, 2018, 10:14:07 AM
 #193

If the team does not have a product, but there is a good idea, it does not mean that nothing will come of it. There are so many smart people with good ideas. But they do not have the finance to implement these ideas. But the fact that there are very few such projects is a fact.

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February 20, 2018, 10:25:24 AM
 #194

Yeah, better invest in icos that already have a working product or at least a decent demo of what they are gonna do. It's miles better than waiting for a long time until they release their alpha version and wait more until the commercial release. If there's demo then at least the team prepare a lot for the ico and serious about their project.

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February 20, 2018, 11:10:23 AM
 #195

I also think it's better to invest in ICO projects with a ready-made product and try to do so.
In recent months such projects have been CyberMiles, PlayKey, CarTaxi, Uservice. Of the existing ICO projects, I now know about Friendz.

aleksandra_kickcity (OP)
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February 20, 2018, 11:19:56 AM
 #196

Yeah, better invest in icos that already have a working product or at least a decent demo of what they are gonna do. It's miles better than waiting for a long time until they release their alpha version and wait more until the commercial release. If there's demo then at least the team prepare a lot for the ico and serious about their project.

If project is ready a company will start generate revenue soon
biletskiy
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February 20, 2018, 02:59:34 PM
 #197

When you invest in no-product ICO you give your money on product development and you support dev team which tries to change the world(if you choose the right project). If the project already has product - why they need to handle ICO? What is the point? With product they can get money easier and another way

I agree. If the guys already have a working product that makes a profit, then they do not need to carry out the ICO to raise funds. Sometimes it seems to me that having a finished product is simply an advertising trick to collect more money.     
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February 20, 2018, 03:08:13 PM
 #198

i agree sometime because we never knew if the promising ICO is a scam it is better to be sure so we can know what we will invest and not but the crypto world is a risk taking world so it is up to you
Usui-Kun
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February 20, 2018, 03:11:01 PM
 #199

There are ICOs as well that uses the investments just to stsrt their company or whatever project they have, which is a good thing. Existing platforms that created coins for their products are the best of course, but others can be useful as well. Just research on the stuff the you need to before investing on anything.

manuelgar
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February 20, 2018, 03:30:45 PM
 #200

Fully agree. If they already did something - that mean they have the real team, something can without investment. If you've never heard about ICO with the released product does not mean that they do not exist Grin

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