Never invest no product ICOs

[1C6fV5DtakfKANLJ8GUV7hCaA]

I agree with you. Investing in ICOs with MVPs are a must. Not just a demo or some idea that hasn't been acted on. With the product with at least a few users will be a good one to invest in.

[1714944091]

1714944091

[1714944091]

1714944091

[lero34]

At the ICO, participants invest in a certain idea and attract funds for the development of the project through the primary sale of the company's software products – tokens. A software product is a token that is sold to an unlimited number of people.

[longwintershere]

I was wondering, why a lot of projects don't have such an important thing for a successful ICO as a product.

When a company has a product it means they have it to develop. In such case, a company shows why they need ICO and how the company will be growing. What is more, there is more trust because a company has experience in a field they are working.

For example, KickCity company that exists two years. KickCity an event platform that generates revenue and has a Helsinki government grant. KickCity needs ICO to make business bigger and to become a decentralized platform where every user is rewarded for ticket promotion.

On the other hand, no product ICOs can prove their success just in theory. There is no proof base that product will be developed and will be working right.

In such unstable industry as ICO everything has to be under control. The product is one of the things that shows the campaign is not a scam. That is why I believe it is better to invest in ready-made products ICOs.

you're absolutely right, the ICOs with already working products are much more turstworthy projects which makes the investment less risky. I wouldn't say though that the ICOs without working product are all bad, they're just at their earlier stage.

[tterrorpipa]

Sometimes choosing an ICO with already have a working product is good. It can make you good assurance that the ICO you are participating with has a chance to be successful. Not like other ICO that is their product is just still based on theory which can also have a chance to be a scam. Better invest in ICO that has a tested product to ensure that it is legit and has a big chance to be on top.

[bittraffic]

Even the project with a product that is actually working like the APPs are still not desirable to invest with when the team isn't doing things right. I have invested to some project and although I only send 3 eth its still frustrating to see them keep delaying the release of the token to their investors. I only have few money to play and yet these ICOs are making our money frozen.

[sunX3]

I always try to look for ICOs with an MVP when investing.

That's one of the most important things for me after the whitepaper and the development team

[Zadicar]

Even the project with a product that is actually working like the APPs are still not desirable to invest with when the team isn't doing things right. I have invested to some project and although I only send 3 eth its still frustrating to see them keep delaying the release of the token to their investors. I only have few money to play and yet these ICOs are making our money frozen.

These kind of situation is quite common among investors which delays can really be experienced on most cases where project do hold of the distribution phase into its investors not only on weeks but might be delayed for months and worst cases might happen having a delay in distribution but also listing on exchanges do take ages to happen where our funds which we do expect to be profited would be frozen.Worst case they would become scam later on.

[Sevarchik]

Also dont invest in projects who dont have team and token utility.

[b3llsf1l3s]

I always try to look for ICOs with an MVP when investing.

That's one of the most important things for me after the whitepaper and the development team

you can see on Enrgzine ICO, they have partnership with Mitsubishi Electric and also Siemens company, of course the name is familiar isn't ?
and even ICO has reached its softcap faster than the team thought.

[Magadergty12]

Yeah, I understand your point and I am totally agree with it. That is a great true that the best proof of real work is a product gained from this work

[crypto_gaint]

You might be interested in this ICO going on for an Australian company called BlockGrain.io  They’re aiming to automate the supply chain with Grain and later on Fruit/Vegetables/Wool. The sale has started.
You might also be interested in their BlockGrain.io bounty thread    https://blockgrain.typeform.com/to/CLUlBw"

[Bitcoin_Delivery]

we do have to consider a lot when wanting to invest in a product including an ico product. because now this investment is also very vulnerable. better we are equally patient to see the ico review is good or not

[tentara pelajar]

Most of a project that had a previous product and it turned out to be a success, most likely for the project will also succeed. I think a product is also important as an indicator of how the team worked before, but that also is not a guarantee that the project will be successful. The role of the manager is also very important for the success of the project and of course a big project will not be solely in choosing a manager.

[Aivengo111]

I did not invest in ICO, but judging by how many negative posts can be found on the forum, I have not lost much..

[tamango]

ICO with a product in development are usually safer but sometimes also ICO still with "idea on paper" can be very profitable if the idea is brillant and project is valid...

[gezhid008]

Not all Ico projects are fraudulent, and many Ico platforms have strong technical significance.

If people can easily focus on good projects and achieve better and sustainable results over the long term.

[yavadasil]

Due to the fact that many ideas are really original and very promising around the ICO created hype. Therefore, many people are ready to invest in ICO because they are impressed with the idea and confident in the success of the project.

[npfyieke]

I have lost 5 ETH in this year's ICO project, which is a lot of money for me. I agree with you, rather than put money in an unknown project, instead of putting your investment on a mainstream coin that is likely to grow much less risky and hold on for a long time.

[vanelevaa]

i think about half the investors population and approx 90 % of those who invest money anywhere would have invested in crypto either a satoshi or full block and big ones maybe the industrialists.

[BeeKeeoEr]

I do agree that as far as ICO's are concerned we need to make sure that the ICO has an actual product capable of being used or utilized by its customers or clients. Even beta prototypes as fas as I am concerned is a sign that things are going as planned and that the ICO is not a scam.

Is there an ICO in which you were convinced personally to make such loud statements? There are no such, it is your investment only at your own risk.  I here for example invested in 2 ICO projects and did not regret it.