Full focus on the product instead of ICO?

[Amabig]

Hey everyone,

What do you think about the idea to do crypto projects in a different way? Instead of huge efforts launching successful ICO, it makes sense to dedicate those efforts building a working product. It's fantastic to work on something you truly believe so it's both a pleasure for the team and the solid result - a working product. That's how we've built Amabig.com

Don't you think that it's much more safe to invest in already working products? Is this the future of crypto projects?

[w33man]

Hey everyone,

What do you think about the idea to do crypto projects in a different way? Instead of huge efforts launching successful ICO, it makes sense to dedicate those efforts building a working product. It's fantastic to work on something you truly believe so it's both a pleasure for the team and the solid result - a working product. That's how we've built Amabig.com

Don't you think that it's much more safe to invest in already working products? Is this the future of crypto projects?

I totally agree. However, most investors are up for profit and hype. The reason why some are starting their ICO is because they needed investors' funds to help complete and develop a working product. Having a working product will surely make investors happy, since it can help gaining more and more investors as people see it helpful and has a real use case.

[trill312]

Hey everyone,

What do you think about the idea to do crypto projects in a different way? Instead of huge efforts launching successful ICO, it makes sense to dedicate those efforts building a working product. It's fantastic to work on something you truly believe so it's both a pleasure for the team and the solid result - a working product. That's how we've built Amabig.com

Don't you think that it's much more safe to invest in already working products? Is this the future of crypto projects?

There is no universal answer. Ico gives you chance to buy tokens cheaper, good-working product is much more expensive ones but stable.

So for a long-term working products are better.

[Amabig]

I agree. I'm just wondering when we will start to see major shift from ICOs to working-product-first approach as in my opinion it will signal the real revolution in blockchain based projects in terms of real sustainable systems instead of just a hype.

[khendjer]

Hey everyone,

What do you think about the idea to do crypto projects in a different way? Instead of huge efforts launching successful ICO, it makes sense to dedicate those efforts building a working product. It's fantastic to work on something you truly believe so it's both a pleasure for the team and the solid result - a working product. That's how we've built Amabig.com

Don't you think that it's much more safe to invest in already working products? Is this the future of crypto projects?

It only works if you have enough funds to make a working product or at least some beta version or MVP, otherwise, you have no options, except running an ICO or attracting investors.
Anyway, that's great if the team have a working product as in your case. This can really be a decisive advantage for some investors when choosing a project for investment.

[Sam$oN]

I agree. I'm just wondering when we will start to see major shift from ICOs to working-product-first approach as in my opinion it will signal the real revolution in blockchain based projects in terms of real sustainable systems instead of just a hype.

Support. I have always been interested in projects that without the help of investors started development, invested money and effort. Instead of sitting and waiting when I typed the amount. In a company with a finished product it is easier to believe, because all the financing they immediately send to the development.

[unpack]

Yes, that's what we missed here. Investing in ICOs and waiting years and years if their tokens will ever have any value except the price, with working project already I truly agree and support it!

[Docbee]

Hey everyone,

What do you think about the idea to do crypto projects in a different way? Instead of huge efforts launching successful ICO, it makes sense to dedicate those efforts building a working product. It's fantastic to work on something you truly believe so it's both a pleasure for the team and the solid result - a working product. That's how we've built Amabig.com

Don't you think that it's much more safe to invest in already working products? Is this the future of crypto projects?

A lot of project are taking advantage of ico to dupe people no plan to have good working product or use case for the masses, that is why i support there should be a regulation for upcoming ico.

[plr]

Hey everyone,

What do you think about the idea to do crypto projects in a different way? Instead of huge efforts launching successful ICO, it makes sense to dedicate those efforts building a working product. It's fantastic to work on something you truly believe so it's both a pleasure for the team and the solid result - a working product. That's how we've built Amabig.com

Don't you think that it's much more safe to invest in already working products? Is this the future of crypto projects?

They are launching an ICO because they only have an idea and they need funds to materialize that idea, they need developers and coders to work on their idea, of course, we are attracted to project that has already working platform, but that platform should be profitable and people are actually using.

[Amabig]

It only works if you have enough funds to make a working product or at least some beta version or MVP, otherwise, you have no options, except running an ICO or attracting investors.
Anyway, that's great if the team have a working product as in your case. This can really be a decisive advantage for some investors when choosing a project for investment.

Exactly, I really believe we will see a bigger shift toward working product approach as a lot of ICOs doesn't deliver what they promised. This approach should greatly contribute to blockchain adoption worldwide.

[Pasadoble]

Good idea, I think it will be interesting. Why project is not rated at www.icoguide.com I am looking at their rates and it will be good to see the score at the platform.

[Amabig]

Good idea, I think it will be interesting. Why project is not rated at www.icoguide.com I am looking at their rates and it will be good to see the score at the platform.

It's a good question. We are not planning to do an ICO, so we should not list Amabig.com on ICO websites. Instead, we are going to list Amabig cryptocurrency on exchanges so everyone could buy.

[sourish]

A working product without ico would need huge financial strength, and would be a welcome positive in the midst of doubt, suspicion and fear of scams.

[Anniee123]

I think the risk of investing in ICO is very high at present, because countries are restricting ICO.
If I'm bullish on the blockchain and the whole cryptocurrency market, then I think I should invest in the existing good tokens.

[Oniko]

You have a great idea. But many even the most promising projects do not find a response from the community, if a small marketing budget.

A universal approach to the project is important

[Amabig]

You have a great idea. But many even the most promising projects do not find a response from the community, if a small marketing budget.

A universal approach to the project is important

Definitely, marketing is a must for a successful project. I'm just telling that there would be much more value create focusing on the product instead of ICO campaign.

[WalkerIVIV]

Hey everyone,

What do you think about the idea to do crypto projects in a different way? Instead of huge efforts launching successful ICO, it makes sense to dedicate those efforts building a working product. It's fantastic to work on something you truly believe so it's both a pleasure for the team and the solid result - a working product. That's how we've built Amabig.com

Don't you think that it's much more safe to invest in already working products? Is this the future of crypto projects?

It will be much better if yo can try to build a working product without need any expenses. I will try to check it. In my understand the project with a fully working product will be really valuable to the community.
But it depends on how usefulness the product to the community and the demand of the product itself.

[JustinBrenda]

I really agree with you on this. This can really be done and see the if the output is satisfactory. I think this will work. It is high time to take initiative to work a bit differently.

[jaythelingly]

The future crypto projects are doing good. I like the features and i think this will have good potential to work with.

[chocopapaya]

*sigh* another advertisement disguised as a post.

But, the topic itself is worth discussing so here's my 2 cents:

There have been a number of projects this year that have focused more on product than doing the ico marketing monkey madness.
Overall, people are not taking it well.

The ICO culture has been all about the quick flip for years now and it is hard for investors to adjust to a different approach.

A great example of this is Daostack.
The price has crashed below ico prices and there aren't any substantial signs that marketing or pushes to large exhanges is happening.
Instead, all attention is put on the platform itself and getting daos up and running.
Check out their telegram, everyone is butthurt and calling the devs unprofessional.
The ironic thing is, they are following their whitepaper and roadmap just as advertised.