Never invest no product ICOs

[DemonHunter83]

In the first place, why should you consider to invest in an ICO that has no product to show that they are already in the business line for long with lots of experience?

Investing in projects without a product is possible only if it is not the first project of the team and they already have successful lines. And this is just a new idea, for which they need money.

[InflamesAndrei]

I think it is necessary to invest in ICO platforms where the product is ready. Thus cryptocurrency sector is going to continue to grow and use more money everyday digital economy, the economy of the future.

I doubt that such platforms exist at all. Because the fundraising is to raise money for the development of the product. This niche every day all popular, and therefore the costs every day higher.

[Spellwing]

I absolutely agree with you. The main thing in ICO is the product. If the project has a specific development goal, then the project will be successful.

[Loropot]

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 are right, investing in a company with a product is less risky and more likely that you will make a profit.

[kiky03]

Investment on ico project you have be smart and never try invest on ico without have knowledge about how to analyze with best ico investment. many ico investment have lower price after listed their token on market after two or three weeks. you have smart and know when their coin listed on market because if you have wait long time you will loss and get lower price.

[b1marlin]

Does old coins has a product to offer?
Ethereum?
Bitcoin?
do they have it? It is not about the product.
It is about the project and how will the team deliver it on time.
On how will they take care on the project and investors.

[Aksiyon1]

Well, your opinion is totally right. But I think this sometimes has exceptions. Do you know EOS? This is a completely promising ICO, has raised a lot of capital in recent years. But until now, they have not launched their product yet. As far as I know, Ethereum when crowdfunding didn't release their the product.

[akihiro101117]

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.

it is not always good to play safe because most of the promising projects are products upon the successful ico. it depends on the teams effort to make it successful. hodlers are always the one who succeed in mooning prices.

[Roksodhon]

Of course investing in an ICO that does not have a clear product that is very risky. And as investors we must be observant to choose ICO, so we aren't be fooled by someone who just want take our money.

[Yagami nunnery]

Yes, there are a lot of ICOs in this market. They are not scams. They don’t have good technology. They are just for defrauding money. Therefore, we must be cautious when investing in projects, and carefully analyze every project that we want to invest in order to avoid Lose your money.

[darkwiz1417]

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

[Bestthefriend]

ICOs arent a new phenomenon in the market, but we all know that they are a risky venture to take part in , But it must be noted that not all are this way, there are bounty campaigns out there worthy of your time, therefore its a matter of choice, just chose the campaigns well

[Dandyhunter]

I also choose projects with a good and interesting project. Such projects can become successful and interesting for a lot of people. But now it is very difficult to find a good project.

[Anne8]

A lot of projects carried out by ICO do not have a working product. And recently it's some kind of trend to collect money for future developments. I do not advise anyone to invest in such projects.

Actually this is really good suggestion and all people must follow this to avoid scam. I think we all dont want to get scam so try to follow the ico which only have working product. Recently many ico just want to raised money and just go away, with this experience now we need to start to avoid not working product ico.

[KesoNie]

A lot of projects carried out by ICO do not have a working product. And recently it's some kind of trend to collect money for future developments. I do not advise anyone to invest in such projects.

Actually this is really good suggestion and all people must follow this to avoid scam. I think we all dont want to get scam so try to follow the ico which only have working product. Recently many ico just want to raised money and just go away, with this experience now we need to start to avoid not working product ico.

Yes of course because invest to no product ICO is very worthless because it surely scam investment. So to avoid being scam make have research about the ICO, everything or all the details about it. Also if there's no product if ICO then have doubt to it because in one good project there's always a good product that you can see. And if your going to invest just put only small amount of your money so that there's only low risk.

[indriasyifa]

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

[matico]

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!

[dr_chen]

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.

[Natsuu]

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.

[Awan Awan]

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.