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Author Topic: Why Viber, WhatsApp, skype, WeChat, Snapchat, IMO, Line not conduct ICO?  (Read 173697 times)
Tory-Tory
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June 29, 2018, 08:12:42 AM
 #1

What do you think why Viber, WhatsApp, skype, WeChat, Snapchat, IMO, Line have not yet launched their crypto platform?
But Kik and Telegram did it.
After all, companies can get 2 huge pluses:
1) to collect a large amount of money for ICO
2) add hype to marketing and popularity among users.

share your opinion

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June 29, 2018, 08:18:36 AM
 #2

I don't think they need it. They are most likely waiting for the creation of a blockchain platform that they can use for their needs. It is not necessary to create your own blockchain for each company.
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June 29, 2018, 08:23:26 AM
 #3

Line is planning to launch it's own global crypto exchange so it's up to them if they'll add an ICO for it.

https://www.ccn.com/messaging-giant-line-announces-new-global-crypto-exchange-excludes-u-s-japan/

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June 29, 2018, 08:30:54 AM
Merited by RodeoX (1)
 #4

I think because they are well funded companies with values brands. They don’t need to scam their customers with a potentially scammy ICO to raise a few (hundred?) millions ruining their business.
Disclaimer:
I still have to find s single ICO that is not SCAM.

My two cents,
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June 29, 2018, 10:31:39 AM
 #5

Maybe because they dont need it.They gain lots of money already without conducting ICO project.There are lots of scam ICO project they might afraid it will give negative feedbacks in their company.So they rather stick to what they have and improved it more than risking the reputation of their company.
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June 29, 2018, 11:16:19 AM
 #6

What do you think why Viber, WhatsApp, skype, WeChat, Snapchat, IMO, Line have not yet launched their crypto platform?
But Kik and Telegram did it.
After all, companies can get 2 huge pluses:
1) to collect a large amount of money for ICO
2) add hype to marketing and popularity among users.

share your opinion

my view on the topic of why the messaging app service does not work with the crypto platform, my opinion the developers and also the owner of the message service is not unnecessary but both are not wanting to mix business affairs with personal affairs because my view the nature and function of different messaging services and preferably to personalized users' services, although they may also be associated with a business-based message but the message service owner must have read the opportunity, one of which is to prioritize personal interests rather than business interests, and if it is imposed the likelihood that the user of the message service will be reduced and reduce the reputation of the messaging service, may be useful and successful for all of us
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June 29, 2018, 03:07:36 PM
Merited by dbshck (2), stompix (2)
 #7

Because not everything needs to be built on the blockchain and not every network needs to run on coins. Even Telegram, which seemed to have a good idea on how to utilize the blockchain for their upcoming project is stuck in a controversy. It's a massive financial success for sure, but you have to keep in mind that they haven't delivered anything at all. This situation has proven that these giants can raise money, but whether or not they can put out a good project is yet to be seen.

Personally, I can only assume that the others don't see how developing a system that runs on the blockchain can help their business despite the fact that it's extremely likely for investors to line up and provide more funding than they'd need. That, to me, speaks volumes about their confidence/interest or lack thereof. Telegram didn't take much of a financial risk considering the amount of money they raised, but it's going to hurt their brand if their project flops -- more money means higher expectations after all.

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June 29, 2018, 03:23:31 PM
 #8

Their project is really well funded tbh. there are no things to add up for their application(s) for most but WeChat has a payment system build exclusively for China (Not blockchain based still a payment system) and Line from Korea is planing to Build their own Blockchain in the future more and more are adding stuffs for each countries.

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June 29, 2018, 03:24:48 PM
 #9

What do you think why Viber, WhatsApp, skype, WeChat, Snapchat, IMO, Line have not yet launched their crypto platform?
But Kik and Telegram did it.
After all, companies can get 2 huge pluses:
1) to collect a large amount of money for ICO
2) add hype to marketing and popularity among users.

share your opinion
They are gaining even without the company of this scammers ico project so why needed fo be part of this problematic profit provider.

And besides they wanna protect their interest and same as the interest of theyre followers and subscribers .so for me i support theyre stands in this matter

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June 29, 2018, 03:55:31 PM
 #10

Because it's not very legal, look at USA in regards to ICO's. Most ICO's nowadays don't even allow us investors, maybe in their private sale. Regulations are still not clear, why would snap chat risk something like that. They also don't need the money, for normal businesses the money you raise with ICO's is amazing for snapchat not so much considering the risks.

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June 29, 2018, 04:03:05 PM
 #11

What do you think why Viber, WhatsApp, skype, WeChat, Snapchat, IMO, Line have not yet launched their crypto platform?
But Kik and Telegram did it.
After all, companies can get 2 huge pluses:
1) to collect a large amount of money for ICO
2) add hype to marketing and popularity among users.

share your opinion
maybe they had made plan about this ,or maybe they dont wont join in crypto platform.each company have their own business strategy to growth their profit.

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June 29, 2018, 04:15:58 PM
 #12

What do you think why Viber, WhatsApp, skype, WeChat, Snapchat, IMO, Line have not yet launched their crypto platform?
But Kik and Telegram did it.
After all, companies can get 2 huge pluses:
1) to collect a large amount of money for ICO
2) add hype to marketing and popularity among users.

share your opinion

The question you need to ask is why do business do either ICO, IPO, Right Issue or any form of fund raising? Because it seems you think its just to raise money but behind that, there is also other reason which is the main thing, the idea or the project. Its just the crypto market that promised freedom and less paper works that a lot of people have abused and have seen as the easiest way to make money. In the capital market, before a company will come to raise money, a lot of paper works and analysis would have been done and more to be complied with even after raising such fund and must be used for the purpose why it is raised in the first place.

All those big companies, have the money they need to expand and even some of them have enough money that would be enough for them for the next 10 years and with their popularity increasing by the day, their share price increase then investors won't be hard to come by. In the near future, they might deploy the use of blockchain in their activities, but I don't see them coming to the market to raise funds for their expansion.
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June 29, 2018, 04:29:46 PM
 #13

Because Blockchain is a technology, this is not a form of capital raising, this is an improvement on technology. So, making ICO should also drive their products based on the basis of these technologies, which will require the developer transfer of the technology they are using.
If in the situation: they should use the ICO channel to raise their capital, but after that they just take the capital and do not use the platform which they use to raise the capital, this will easy to affect their credibility, make they are thought to be bad guys.
I think this really is not worth it.
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June 29, 2018, 05:36:48 PM
 #14

Telegram will be the beginning for them. When they see the success they will also want to join for sure. It is normal for them to hesitate for such a new technology.


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June 29, 2018, 07:41:04 PM
 #15

Because not everything needs to be built on the blockchain and not every network needs to run on coins. Even Telegram, which seemed to have a good idea on how to utilize the blockchain for their upcoming project is stuck in a controversy.

This!!! One hundred times!!!

The blockchain is a database, nothing more.
We don't need a token for buying bread, a token for going to the toilet in a park, a coin to buy railway tickets, a coin to rent a movie, a coin to  post pictures on the internet , a coin to buy coins, a token to buy coins to invest in tokens , a coin to speak with grandpa, a coin that the milkman will exchange for waffles and the waffles man will exchange for milk.



What do you think why Viber, WhatsApp, skype, WeChat, Snapchat, IMO, Line have not yet launched their crypto platform?

Because somewhere there is a God!!!!

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June 29, 2018, 10:58:04 PM
 #16

1. They might not need additional investments.

2. They might be not that interested in blockchain to jump in this bandwagon at the current moment.

Blockchain/ICO's might be a double-edged sword - for now it seems like a very easy way to grab millions from investors or boost your stock, but if this technology will fail to live up to expectations, it might very negatively affect those companies that have committed to it. This is why most of the blockchain stances from big companies are very careful - they all say that they are excited, that they will launch trials, but they don't rusk issuing their own tokens or promising to move everything onto blockchain in the next few years - so if blockchain will fail, their reputation won't suffer.

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June 30, 2018, 07:55:52 PM
 #17

These companies are already worth billions and have no need to venture into the unknown. Line is the first one to try an exchange, if successful i'm sure the others will follow

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June 30, 2018, 08:12:39 PM
 #18

The owner and its team maybe deciding to enter ICO but there are factors that may or can effect the system function when they do it so, this may effect their quality service overtime so they need to plan it carefully.

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June 30, 2018, 10:41:43 PM
 #19

What do you think why Viber, WhatsApp, skype, WeChat, Snapchat, IMO, Line have not yet launched their crypto platform?
But Kik and Telegram did it.
After all, companies can get 2 huge pluses:
1) to collect a large amount of money for ICO
2) add hype to marketing and popularity among users.

share your opinion
Maybe, they are just looking towards the capability of having an ICO to their application. In fact, they will surely think the cost and effort they will put whenever the conduct an ICO. They are already popular and one of the best social sites that is being used nowadays, it will just make their sales ruin if they fail in ICO. Probably, they are just looking for cryptocurrency partnership.
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July 01, 2018, 12:02:44 PM
 #20

What do you think why Viber, WhatsApp, skype, WeChat, Snapchat, IMO, Line have not yet launched their crypto platform?
But Kik and Telegram did it.
After all, companies can get 2 huge pluses:
1) to collect a large amount of money for ICO
2) add hype to marketing and popularity among users.

share your opinion

I dont think those are kind of social platforms which can manage the ICO or crypto marketing at all. The Facebook and telegram, twitter are all more engaging as compared to what you have listed here. The list you made here is more or less just an entrain platform where people literally dont get serious about such stuff. There is no way to share the files, medias and links in the perfect way as you would do over the telegram and plus the capacity is not tolerable for them. May be they are not the perfect in terms of engaging the audience of crypto kind. This is my general thought about it.


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