Never invest no product ICOs

[jyotsna060278]

Exactly true. I also want to invest and after taking lot of advice from different peoples from forum, mostly advising not to invest right now in ICO or very, very careful before investing in ICO.

[1714015862]

1714015862

[1714015862]

1714015862

[1714015862]

1714015862

[adamtruong]

Yes, because there are products, investors can guess the value of the ICO. Because there are good products, many users will accept and use. There are also ICO projects that do not have the product but sometimes also attract investment such as EOS

[Kenway]

The right work product without a strong community can also make the project fail, and combining awe-inspiring work products with strong teams and strong communities that support the project will make them successful.

[Triwiyono]

in my opinion, the high risk investment in cryptocurrency is an investment in the ICO program. why, because ico is hard to guess, the possibility of a high scam, or the possibility of not being successful. It is better to invest in coins that have a good future.

[Oksan89]

Sure in this year many ICO bring only loses to their investors but also there are many good projects, which gave a good profit - Quarkchain, Mass Vehicle Coin, Seele, etc.

[LianaSie]

Product is good, and definitely an important factor of an ICO, if we want to decrease the risk factor.

[Kosmolet]

Product is good, and definitely an important factor of an ICO, if we want to decrease the risk factor.

You're right.  I think the product is a guarantee that the company does not scam.  Maybe I'm wrong.

[mix max]

ico really needs a product to attract people's attention, just as with marketing ordinary products, an ICO must also be smart in promoting it, especially what products it makes, if the product is already mainstream and there are already so many, the ICO must look for alternatives to other products, or keep making these products, it's just that you need creativity and don't equate with the existing products.

[veejay2716]

It is good thing to know and evaluate and analyze the project if they have product to performed to attract more investors and if this product could really be helpful and useful to others.

[FiiiLab]

Fully agree. Maybe you can check out FiiiPay project - https://fiii.io/
   
It has a cryptocurrency e-wallet which can carry over 1,500 cryptocurrencies, named FiiiPay, and even able to do offline payments using FiiiLab-issued terminals (called FiiiPOS).
Watch and get surprised > https://www.youtube.com/watch?v=-XRjkwzSOnE&t=1s

Thanks.

[slava87]

The value and popularity of such a project increases several times in the presence of the finished product

[Spiderman3]

Yes, investing in a company without a product now is a very big risk.  Now a lot of scam companies.

[nhuan_duc]

Your opinion is very good, but if you are looking at the available projects, is too passive

[clarkt]

Already available Product and service in a project is not the only parameter that measure or will determine a successful ICO,  there are more other factors needed for any ICO to be successful.  The question of usefulness of what any project is bringing to the table top the first requirement.  Is the project needed?  Then we can move to ability and capacity of the team etc.

[Kayuslawal]

Thats the reason most of those ico are falling below ico after listing on exchange and most of them ends in scamming investor, the reason is because they have no working products and registered company before conducting ico.

[bce]

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.

for now I am investing by joining ICO bounty to get rewards from what I do, the most important thing is being thorough and clever in choosing a successful and profitable ICO

[KingJess]

I agree with your opinion. But ICO has very little product. They need to raise funds to create products. If ICO has a product, then I assert that 100% ICO that will be successful. Currently almost all ICOs appear and no accompanying products. So investing in ICOs is a very dangerous issue. If successful, the profit is very large

[Creedact]

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

[RenatMironov]

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.

When choosing a project, in which you want to invest, you really need to conduct a thorough analysis. And even if everything is personal (site, team, white paper) - you need to look into the future, imagin what the market will be, what competitors will be, what the team will be able to create and offer to users.

And of course, the easiest way to imagine this is when the team already has some product and has been developing it for a long time. This is, to be honest, an ideal option. Because developers already know what they want, they know where they are going. Community also understands what they can expect from the developers and it will be good if they already use the product. Such developers simply need more money to make the product better and more competitive, as well as money for marketing.

I wish all investors to be very careful and not to feed bad projects. The less of them, the more money will get really worthy, which in the results will create an interesting, useful product and will bring profit to investors.

[esportseco]

I agree with OP but that's why we have to do our research; their team members, company idea, company goals, and their market plan. Only then you can decide to invest.