zavodskoi3
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August 18, 2018, 11:13:57 AM |
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Currently, there are not many products on the ICO market. Do not invest in a project without a working product .
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Inikoo
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August 18, 2018, 11:18:48 AM |
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The success of an ICO is influenced by many factors, like the team, the idea, and the MVP of course. If there is no MVP though, the other factors must be very strong.
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coins4meh
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August 18, 2018, 12:06:00 PM |
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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.
You're right, the vast majority are researching projects, but that is exactly the problem. Most of them get never completed. And if you look enough you find at least projects that developed some kind of prototype, an early version of the product. Very rarely you come across ICO's with a working product, but these exist too. Just have a look at Metahash.
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suterum
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August 18, 2018, 03:26:35 PM |
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I concur at some point since we never knew whether the promising ICO is a trick it is smarter to make sure so we can recognize what we will contribute and not but rather the crypto world is a hazard taking world so it is dependent upon you
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bostokves
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August 18, 2018, 06:36:14 PM |
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The success of an ICO is influenced by many factors, like the team, the idea, and the MVP of course. If there is no MVP though, the other factors must be very strong.
I agree. Sometimes you can invest in a company without a product, but this company should have a really strong team and a good idea.
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Scoremaster
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August 18, 2018, 08:07:45 PM |
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I can agree with you about the existence of working product is a great sign for those who are about to invest because they can immediately see that project is actually developing and working on something.
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boltz
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August 18, 2018, 08:12:57 PM |
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This is a good advice but make sure that certain product has a market and a strategy for adoption. I saw some projects who had a working product and yet they were not prepared for the adoption and how to attract more people and sometimes this little mistakes can slow down the project.
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nikola22
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August 18, 2018, 08:20:10 PM |
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there are few projects that go to ICO with existing product because they can easily attract money from big investors. and the most ICO projects have only idea and nothing more.
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beeelzebub
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August 18, 2018, 08:23:15 PM |
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Yeah you are very right.
There is some icos, saying that their product will be ready in 4 years or etc.
Just do the ico after product is ready, don't be gready.
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Osakrita
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August 18, 2018, 08:28:37 PM |
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It is can be worrisome, even to top 50 top coins on coinmarketcap do not all have a working product, according to report, just over 60 percent have working prroduct
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bascinsto
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August 19, 2018, 05:03:50 PM |
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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.
Yes, it is risky to invest in a company without a product, but sometimes there are very promising companies in which it is worth investing.
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Crim3
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August 19, 2018, 05:29:11 PM |
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It is can be worrisome, even to top 50 top coins on coinmarketcap do not all have a working product, according to report, just over 60 percent have working prroduct
I don't understand why they are needed? First, you need to develop your product, and then collect money and conquer the planet!
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ku10ng
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August 19, 2018, 05:54:39 PM |
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The ICO with the ready-product will be more promising as it is valuable and acceptable in the product after in the market. If you have a working product why come into the ICO platform again, I will not invest in projects without an interesting and strong product. I think it's useless and dangerous.
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Bile123
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August 19, 2018, 06:08:02 PM |
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Well, I do not know it would be correct to say so. After all, any project has the right to live and exist. The fact that now ICO is not a simple time. Many losses and failures. Attacks are endless scammers. All this weakened ICO. But modern all will be adjusted.
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cryptoclassic
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August 19, 2018, 06:10:10 PM |
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A good project must provide products at the time of ICO sale. this will provide information to investors and make investors interested in the ICO project.
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WiiD
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August 19, 2018, 06:10:33 PM |
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It is can be worrisome, even to top 50 top coins on coinmarketcap do not all have a working product, according to report, just over 60 percent have working prroduct
I don't understand why they are needed? First, you need to develop your product, and then collect money and conquer the planet! To do this, and collect money, because there is an idea, but there is no money to implement it. In such a market it is safer to invest in coins with a finished product.
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Domovoi95
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August 19, 2018, 06:38:19 PM |
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Now there are very few good projects without a product. And at the moment it's very difficult to find a good company.
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crawberd
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August 19, 2018, 08:05:27 PM |
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I think you are wrong. Most companies do not have a product and among such companies there are successful ones.
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hcf27
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August 19, 2018, 08:09:48 PM |
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It is difficult for you to find an ICO that already has a product. They need money to continue to develop their projects and create products. So ICO is born, Only invest in ICO you think will grow and trustworthy
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brilowed
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August 19, 2018, 08:37:46 PM |
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Now is not the best time to invest in ICO, but it seems to me still possible to find a good project without a product.
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