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Author Topic: A good investment option? ICO's pitched on a PRODUCT, not a White Paper  (Read 2338 times)
FinanceX (OP)
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August 31, 2018, 07:34:19 AM
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Although there are many good ideas out there, aren't you safer to invest in an ICO which already has a functioning and proven product? ROI is much more likely in this scenario

Pecunia non olet
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August 31, 2018, 07:37:23 AM
 #2

Although there are many good ideas out there, aren't you safer to invest in an ICO which already has a functioning and proven product? ROI is much more likely in this scenario
If you find an ICO which can offer its product then send here the link, I think that you will find many investors.
ICOs with product is not for small investors, good example is Telegram ICO.

crypto-futures
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August 31, 2018, 07:38:08 AM
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It is definitely much safer! Not so easy to find ICO's like that. There is so much hype around ideas and in the first half of 2018, many of these ideas that raised a huge amount of capital flopped and investors lost everything - Gems and Rentberry to name 2
Tonygold1967
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August 31, 2018, 07:44:46 AM
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Check ICOs at www.icoguide.com they have realistic rates and not paid ones, so it might help.
FinanceX (OP)
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August 31, 2018, 07:50:35 AM
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The Binance ICO was only rated 3.6 on ICObench... Crazy to think about that now!

Winnerschapel
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August 31, 2018, 07:54:45 AM
 #6

Most icos do not have a working product already. Most of them are just proposals and they are hoping to launch their product in the future. It's best if one me can see any ico that has a working product. This would be a good one one with good potentials in the future 
True Vozer
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August 31, 2018, 07:58:02 AM
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Are you serious? All ICO must have whitepaper, it's the full information present of the ICO and company. Eventhough when an ICO already have their product, they must also have whitepaper. ICO without whitepaper will be listed to scam project by the community.
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August 31, 2018, 07:59:30 AM
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Yes of course, it is a good confidence to see that the ico that I want to invest have already a working product. This means that their project is a legit one. And it is a good target to those investors that aims to have a good place to their investment.

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FinanceX (OP)
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August 31, 2018, 07:59:46 AM
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Are you serious? All ICO must have whitepaper, it's the full information present of the ICO and company. Eventhough when an ICO already have their product, they must also have whitepaper. ICO without whitepaper will be listed to scam project by the community.
Yes, I understand this. It means not ONLY a White Paper. A product plus a White Paper is the best option Smiley

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August 31, 2018, 08:02:17 AM
 #10

Having an actual product is definitely an improvement on being asked to invest solely on the back of a whitepaper but I would caution that many of those that are raising money with a product are projects that raised their first money from another source and are just using the ICO as a cashgrab for a project that has exhausted its initial funding without achieving enough success to be funded further from traditional sources of venture capital. It is less risk but don't be fooled into thinking that means no risk.

FinanceX (OP)
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August 31, 2018, 08:05:13 AM
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Having an actual product is definitely an improvement on being asked to invest solely on the back of a whitepaper but I would caution that many of those that are raising money with a product are projects that raised their first money from another source and are just using the ICO as a cashgrab for a project that has exhausted its initial funding without achieving enough success to be funded further from traditional sources of venture capital. It is less risk but don't be fooled into thinking that means no risk.
Great point. Shouldn't be too difficult to work out if that is the case but as with everything, do research

vladuch1
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August 31, 2018, 08:22:31 AM
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Although there are many good ideas out there, aren't you safer to invest in an ICO which already has a functioning and proven product? ROI is much more likely in this scenario
Yes, of course, an ICO that has a working product and interesting ideas will always be collecting more money than an ICO that has only white paper. I think that a work product is already a big argument for investing in ICO.
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August 31, 2018, 08:37:03 AM
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Although there are many good ideas out there, aren't you safer to invest in an ICO which already has a functioning and proven product? ROI is much more likely in this scenario
Certainly safer, but there are none. Projects can show an MVP, which in fact has no value. Investors need to simply stop and do not buy tokens of strange projects, and then the situation in the market will force to change the attitude towards ICO.
FinanceX (OP)
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August 31, 2018, 08:39:43 AM
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Although there are many good ideas out there, aren't you safer to invest in an ICO which already has a functioning and proven product? ROI is much more likely in this scenario
Certainly safer, but there are none. Projects can show an MVP, which in fact has no value. Investors need to simply stop and do not buy tokens of strange projects, and then the situation in the market will force to change the attitude towards ICO.
I think you'd be surprised where you can find them  Wink

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August 31, 2018, 08:40:03 AM
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As you say to invest in project which has a only whitepaper not a product is risky. But the projects with products are a few and they are only for private investors not for public sale.
Mendrofa
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August 31, 2018, 08:44:32 AM
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It's true that I agree with you, but my money sees a lot of ico who do not have a product and they only give promises and benefits in the future, this is a problem for investors to invest because of doubts about teamwork with the project, maybe you can advise a project that good for investing
arthur305
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August 31, 2018, 08:46:25 AM
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If a good project has a product before crowdsale or raising funds then I personally think it's worth investing into.
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August 31, 2018, 08:47:02 AM
 #18

Although there are many good ideas out there, aren't you safer to invest in an ICO which already has a functioning and proven product? ROI is much more likely in this scenario
If you find an ICO which can offer its product then send here the link, I think that you will find many investors.
ICOs with product is not for small investors, good example is Telegram ICO.

Our Exchange opened at 20-August, we hit more than 5000 users just in one week.

https://financex.io

Signup and trade, you will be interested.

and link for ico: https://ico.financex.io

FinanceX (OP)
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August 31, 2018, 09:29:17 AM
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Who knows of any ICO's that started with a product and failed?

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August 31, 2018, 09:39:46 AM
 #20

Although there are many good ideas out there, aren't you safer to invest in an ICO which already has a functioning and proven product? ROI is much more likely in this scenario
So investing in an ICO that already has a functioning product is a very good idea that can bring big profits in the future. The risks of losing money are minimized, and the opportunity to profit increases.

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