Never invest no product ICOs

[CryptoGosu]

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.

[1714891041]

1714891041

[Pocimw]

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]

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.

[coins4meh]

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...

[coook zamk]

 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.

[baonguyen]

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.

[anudixit0003]

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.

[supine]

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.

[ghosong]

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.

[manirest]

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.

[pokerjet]

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.

[ttking]

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

[hsjd569]

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

[jin_dv]

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.

[prehisto]

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.

[Sumejwe]

This is right. never put resources into ICO if don't have an item on the grounds that ICO with no working item can without much of a stretch be a trick. Be that as it may, not all ICO without item is a trick, possibly at first they dont have any.working item. That is the motivation behind why the organization is utilizing ICO to gather assets to make their item. Find out about their whitepaper and guide. in guide they clarify about when the item discharge, when prepared to utilize and so forth. Be that as it may, better in the event that they as of now have working item first

[saint_casanova]

If they already have a working product, I doubt they would use ICOs to raise fund. It kinda risks and possible gains that make ICOs look attractive.

[Skoroded]

I would choose a project that has a finished product . If you have a finished product that is more credible

[xyj790204]

I've discovered a lot about ICO for a long time, but I didn't use it. But recently my brother told me about the Vireo project, and I decided to give it a try. Now I am very happy. I have many interesting experiences and huge profits.

[Asimmo]

Vast majority of moder crypto ICOs are generated by the same developers, who already have experience in other scam or dead ICOs.
Just idea like "blockchain for real estate" or smth like this and tokens are generated.
It needs time for new investors to get to know our environment and share of such ICOs will decrease.