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Author Topic: Never invest no product ICOs  (Read 6747 times)
ven7net
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July 13, 2018, 08:56:19 PM
 #761

As far as I know, ico is being launched to raise money for the development of a product or service, but I have not yet seen ico with a finished product and especially a worker. But I think that when choosing ico it is necessary to pay what exactly the product is going to be created by the team. As an example, I can bring a new ico EOT. EOT plans to create a new decentralized gaming platform where there will be no only players but also game developers and their vengeance service. The platform will also be on different systems: Etherium, EOS and others. I think that the very idea of ​​creating a platform already costs a lot, so the game direction is now trendy. As for the finished product, then you just need to keep track of information about how the project is being developed and whether work is being done on create a product or service.
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Neved1975
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July 14, 2018, 02:01:28 AM
 #762

due to the fact ICOs tokens are primarily based on actual value no body will like to invest on a mission with out know-how it are Objectivity and the way it'll strive inside the crypto world. To me i will by no means invest my tough earn money in any ICOs due to the unseen.
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July 14, 2018, 08:57:01 AM
 #763

You're right. This is a good way to reduce participation in false ICO. Most of the time, only products appear to be able to better talk about the future development potential.

LickKing
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July 14, 2018, 09:19:31 AM
 #764

Yes, your suggestion is very worthy of adoption. The risk of ICO in 2018 is very large, and many people lose money. Therefore, it is not recommended that everyone invest in ICO. You can buy tokens directly.

Brimtorl
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July 14, 2018, 10:05:06 AM
 #765

Most often it is better not to take risks and not invest in a company without a product, but if the company has an interesting idea and a promising project, it's worth the risk.
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July 14, 2018, 08:34:12 PM
 #766

The far future I see ICO is the most powerful cryptocurrency in this crypto marketplace. There are many reasons behind it. The ICO market plan is very good. They not only target the virtual things but also target many useful products and these things make ICOS different from other cryptos. I agree with you as you describe the main points of this major thing which is really very help-full information.
There are many people who have really very hard time to think in this matter and having some serious decision on it including my self also. I can understand ICOS need to expand their business and I m not blaming then to do this because their are lots of investor in this marketplace to invest in new things. Everything needs to change and update their system for their own better future and profit. Otherwise, if you are not able to think differently and do something new and creative then you will lose your identity and someone will take your position.peace.
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July 14, 2018, 08:48:25 PM
 #767

At the moment I will agree with you. Investing in ico is a huge risk, because now there is a lot of scam, but it is the fees for ico that give life to the product
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July 14, 2018, 09:40:32 PM
 #768

This is an evolving process. Eventually, projects with real products will be able to raise funds, not the whitepaper projects. More and more companies will choose the ico route when legal infrastructure for the security tokens is built.
snazir
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July 15, 2018, 05:40:24 AM
 #769

I Have a Really hard time Convincing Myself to put Money on Something that is not out of the Paper. I don't mean that it must be a finished, Perfectly Working Product, But There are Projects Which are really worth to put up money with just Seeing on their Roadmap and Development Timeframe We Would able to point out that this Would Really be a Good fast.
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July 15, 2018, 05:43:53 AM
 #770

I agree with you completely, to avoid more ICO scams and people complaining later and believing that all projects are scams, first you have to realize and wonder if the project that scams you really needed a token or an ICO, the ICO works to raise funds for a project that usually involves blockchains, but if you don't need that technology to drive the project, what are they doing then?
John vera
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July 15, 2018, 05:53:10 AM
 #771

I completely agree.  If the company does not have a product, then there is a very big chance that this is a scam project. Roll Eyes Roll Eyes Roll Eyes
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July 15, 2018, 06:20:34 AM
 #772

It's a good point but also it is a bit of a catch 22. Must projects are running an ICO to raise the funds for them to create the product if they had the product ready in the first place why would they need an ICO? I have recently found a project that had a successful business running in the same sector and they ran the ICO to expand the platform and transport it over to the Blockchain. Their model is rare however so I would be looking at other projects that as a minimum have a working alpha product before they begin ICO.

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July 15, 2018, 07:45:52 AM
 #773

I concur with you. At the point when an item or working model, it gives more trust in the fruitful culmination of the undertaking. All things considered, before the ICO to make a model, the organization worked and discovered speculations, it implies that it truly works, has involvement, knows the feeble purposes of the undertaking and will defeat them.

ICO without item resemble a trick
archiejones36
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July 15, 2018, 08:33:36 AM
 #774

I dunno I'd rather invest in a no product ICO than an already failed product ICO.
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July 15, 2018, 08:37:02 AM
 #775

Yes, because more ico they are scams, it is better to invest in bitcoin or Ethereum directly in the trading market.
What are you doing in the encryption market? Do you have to choose to invest in ico?
owmivmen
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July 15, 2018, 08:40:34 AM
 #776

Ico is good I think is a project that has been running for more than 3 years. so they already have experience to make the project and develop it. I believe with ico project if they have long existed and the project is already there or real.
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July 15, 2018, 08:52:14 AM
 #777

Yes, agreed with your opinion that never invest in the ICO which don't have any product because without a product, no company can survive long. ICO without any product never be invested because it will be risky.


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ineonota
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July 15, 2018, 08:52:21 AM
 #778

Exactly! I only trust established companies with an actual working product. A great example of this is VLUX - http://vlux.io/
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July 15, 2018, 09:25:37 PM
 #779

There are good successful projects without a product, but investing in such companies is really very risky.
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July 16, 2018, 10:52:20 AM
 #780

I've not seen any ICOs with (successful) working products.
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