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Author Topic: Never invest no product ICOs  (Read 6557 times)
indriasyifa
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August 08, 2018, 10:45:44 AM
 #921

yes, but there are some Coins that don't do ICO, but have good concepts, but your explanation is very interesting. I think if there is no ICO, what is very important besides that is token sale

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August 08, 2018, 10:46:45 AM
 #922

It depends! If an ICO have a good proposition and unique idea needed for a particular cause or line of business or improvement on existing idea, such ICO may become vety successful and if you refuse to buy in, you miss in big proportions!

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August 08, 2018, 10:55:12 AM
 #923

Money is needed to develop a project, the team may not initially have the money to improve it. I prefer to be a product at the beginning but some projects can be valuable only by offering an idea. Then they develop the idea.


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Natsuu
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August 08, 2018, 10:57:29 AM
 #924

Agreed there are many coins that has no purpose dunno why so many people get interest with them maybe they are not doing their own research

Those will fall from it are totally dumb as they didn't know nothing where it actually go. Look for a coin that's feasible in their product as well and not just an mobile app. Just think of that where the heck they'll use huge funds if their product is just a mobile app that even a kid can create and can easily advertise to social media. Don't be easily fall from their words or you'll be an ass.

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August 08, 2018, 11:06:14 AM
 #925

That's the problem of most ICOs. They seem to be scams because they don't offer any prototype. Most of them look like a dream that needs money to be true. Really good projects offer prototype and clear roadmap and have to have some proofs of trust.
Always becareful. No working product ico seems like ico has no effort to make sure their customer get good feedback so its just like scam ico. Always stay away from this kind of ico. I will not suggest you to buy the ico token although you are very sure about the project.
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August 08, 2018, 11:07:22 AM
 #926

I think that even projects that have a working product are now falling heavily in price. Nowadays, few people use cryptocurrencies for the purpose. Often, the use of a block of flats does not affect the price of coins.
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August 10, 2018, 03:10:01 PM
 #927

I concur with you totally, to keep away from more ICO tricks and individuals griping later and trusting that all tasks are tricks, first you need to acknowledge and think about whether the venture that tricks you extremely required a token or an ICO, the ICO attempts to raise reserves for an undertaking that for the most part includes blockchains, yet in the event that you needn't bother with that innovation to drive the task, what are they doing at that point?
Valareos
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August 10, 2018, 11:52:47 PM
 #928

Yes, there are a lot of such projects, but still they sometimes shoot and give investors a couple of X ,which is quite good in a falling market.

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August 11, 2018, 01:16:36 AM
 #929

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.

I also try to focus more on project with existing product, but not all projects with existing product are winners...sometimes it is companies that make no money and are getting bankrupt, then they raise money with ICO to keep going...

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August 11, 2018, 08:59:13 AM
 #930

 But it also proves the fact that people know what they are doing. Usually ICO without a product fall apart due to the fact that they can not calculate the money and do not fully understand how to implement the idea.
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August 11, 2018, 09:20:15 AM
 #931

many ico is a scam now. with product or without product not important , can u see tron have a real product ? what is eos can do ? and many many other coin/token. That why many ico's owner collect eth from investor then go away.
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August 11, 2018, 11:25:04 AM
 #932

I have also noticed that most of them only survive for that short period based on hype. So, investing in a project with good product is the best.
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August 11, 2018, 03:29:26 PM
 #933

I totally agree, the product or service of an ICO drives the demand and price of the altcoin. Without a product, there will be less demand since most investors are investing in projects because they believe that it can provide a good product or service which can gather future potential investors.

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August 11, 2018, 03:39:00 PM
 #934

I agree with you, a good analysis because ICO tokens are based on the real value of a project, when a product or work prototype gives more confidence in the successful completion of the project. After all, before the ICO makes a prototype, the company works and finds investment, it means that it really works, has experience, knows the project's weak points and will overcome them.
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August 11, 2018, 09:43:23 PM
 #935

Now it's not profitable to invest in ICO.  Now there are very few successful projects and it is very difficult to find such a project.
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August 12, 2018, 09:15:59 AM
 #936

If I like the product, I invest in the ICO project. After reviewing the white paper and road map, collect information about the team. I decide to invest if I trust the ICO project. I do not trust scam ICo projects and there are many scam ICO projects in the cryptocurrency industry.
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August 12, 2018, 09:17:10 AM
 #937

I think that you should invest in reliable projects you have no doubts about their trustworthiness. To my mind, this is obvious and I think that you shouldn't invest in ICO without the check beforehand
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August 12, 2018, 10:00:58 AM
 #938

I think that's a good way of saying it. A good big ICO should have a clear direction. Including also proves its achievements in practice. It's not just a work plan or a project plan. But if it were implemented in a product or something like that, I think it would be more persuasive
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August 12, 2018, 10:13:00 AM
 #939

Hi, everybody. I definitely can not answer this question, not to all ICO I am so categorical. You just need to check everything very well before you invest in a certain project. A lot of aspects, white paper, team and their social network, road map, potential and history.
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August 12, 2018, 10:23:38 AM
 #940

I have seen a lot of people saying that product is the main thing but in reality, what the f*ck?! They need money to make something , if the already had an working product they wont need money.

ok, maybe they would need but in rare cases.

The correct description of this hint would be : ICO should have a working prototype or/and solid plan, it should be crystal clear what they want to accomplish . And it is very important that they have experienced professionals in their team.
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