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Author Topic: Never invest no product ICOs  (Read 6744 times)
tikanurqaidah
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May 31, 2018, 11:55:57 AM
 #421

I think we need to read every whitepaper. there is clearly written in detail each step vision and mission of the project objectives. when the project we feel ambiguous then ga no harm we see the reviews from other users. A good ICO is the Universal because the team that developed it is clear and has a name
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melamiras
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May 31, 2018, 12:00:34 PM
 #422

Some of the no product ICOs are exceptional because they have a strong team and backing investors, so if the product is not there have no doubt that it will eventually be.
adam1230
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May 31, 2018, 12:02:04 PM
 #423

No product ICOs are not 100% scam but very risky. There must be a working product or prototype before investing in.

I always look for product developments and future roadmap before investing in ICO.
Never invest in mining and super duper computer ICOs
Brimtorl
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May 31, 2018, 03:10:37 PM
 #424

I completely agree.  If the company does not have a product, then you should not trust such a company and invest in ICO.
akdj9129
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June 01, 2018, 12:43:58 PM
 #425

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)
Apple4myCat
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June 01, 2018, 01:02:49 PM
 #426

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.
Yes. In our time there are actually no projects that have a finished product, even few projects who have at least a beta version ...
Patrick777
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June 01, 2018, 01:24:52 PM
 #427

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.
Yes. In our time there are actually no projects that have a finished product, even few projects who have at least a beta version ...
Why it is not enough? Grin
KickCity - work long-long time
digital ticks - mobile app is running
Arkona -  already successful modeled its ideas 2 times
Luckchemy - have 2 or 3 games on the website, I don't remember
And many, many others. Wink

 These guys have something to show. It is necessary be able to search such projects!
Sanjida
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June 01, 2018, 02:21:54 PM
 #428

There are many product ICOs are exceptional because they have a potential team and support investors.but some ICOs no product succeed in their token sale.I don't think I have this courage.
S_tring
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June 01, 2018, 02:43:05 PM
 #429

why not try to invest in some popular and promising project? after all, the only way you will understand what they really are

OPEN Platform | Powering Blockchain Acceptance [ICO]
❱❱❱❱❱❱❱❱❱❱❱❱❱❱❱Blockchain's First Payment API❱❱❱❱❱❱❱❱❱❱❱❱❱❱❱❱
Whitepaper  ●  Slack  ●  Facebook  ●  Twitter  ●  Reddit  ●  Telegram
hegewrw
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June 01, 2018, 04:18:43 PM
 #430

I completely agree.  If the company does not have a product, then there is a very big chance that this is a scam project.
kind3950
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June 02, 2018, 04:51:17 AM
 #431

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.
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June 02, 2018, 05:01:37 AM
Last edit: June 02, 2018, 05:21:17 AM by faithupgrade
 #432

I do not always join ICO, but when I do I pretty make sure that the ICO has an existing working product that they can show. Most of the successful ICO I participated are exchange sites because exchange sites is already a proven working service/product thats why people buys them.

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harbin55
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June 02, 2018, 05:10:24 AM
 #433

In this statement that you never invest no product ICOs, I’m agree about it because you should invest to earn income or profit in ICOs that can help you sustain your needs and wants as a person.
minhthy1945
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June 02, 2018, 09:42:05 AM
 #434

come to think of it if there were no icos for innovative products? and it is not always a good investment on icos that have existing products. it is always a risk when it comes to business.   Wink
spastikss
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June 02, 2018, 10:01:15 AM
 #435

Definitely I agree with you. Investors should know what they are investing in and there must be a product not only a dream.

vanelevaa
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June 02, 2018, 02:05:04 PM
 #436

I think that's a good statement. a good and big ICO should have a clear direction. Including also proves its achievement in real. Not just a work plan or project plan. But if it is realized in the form of a product or something like that I think it will be more convincing.
TTITA
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June 02, 2018, 02:52:29 PM
 #437

I think there has to be a fine balance, never say never but with the current trends and plethora of project it makes sense to see some evidence that the team has the capability to deliver what has been promised at least a test alpha of a product. 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.
progladko
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June 02, 2018, 05:19:38 PM
 #438

I agree.  It is better not to risk and not invest in such companies.  Because it's a very big chance to lose all the money.
Robot654
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June 02, 2018, 09:21:26 PM
 #439

If the company does not have a product, then I would not advise investing in it.  It is better to find another company.
heritage35
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June 02, 2018, 09:28:03 PM
 #440

Yes, when it comes to choosing an ICO that will not just get past the iCO level, but that which will last long in the crypto space is an ICO with value, which must have a good product. Although, it is possible that such product might later become obsolete, but that at least, it will  work for some time.
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