A good investment option? ICO's pitched on a PRODUCT, not a White Paper

[FinanceX]

You can almost guarantee it's not a scam when there is a product that has been around for a while. Especially if it is successful.

[FinanceX]

It's so difficult to find an ICO pitched on a product. After Q2 of 2018 it has to be an outstanding idea with an outstanding team to be worth the investment

[paulscathedral]

The whitepaper is very important, but it costs almost nothing if the development team does not have a working prototype of their own project. A year ago, such projects collected softcaps, but now they can not collect even 10% of the required funds. No one will blindly invest in a project that gives no guarantees and assumes no responsibility for its own product. People have lost too much money.

[Sarisang]

may have existing products or proves to be indeed made quite confident in investing. but just a real product alone is not enough in the absence of the concept and the elaboration of the product system. so from those other advocates such as whitepaper still need to be used as supporting materials. ICO will be able to provide a nice clear description including the whitepaper as this will help clarify the concept of the ICO.

[edisystem]

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

It's true actually but depends, if the project is really looks promising and have a good team behind the project, I will invest on that ICO. Of course not only by looking at white paper, there are many good investment too on ICOs that still fresh and new to develop the project but yeah, the risk is more bigger.

[Kramblerty]

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.

Here is the link you were looking for https://bitcointalk.org/index.php?topic=4886322.msg44016466#msg44016466
This company has dozens of working products, which generate revenue of more than $57M per year.
Also, Kamagames has more than half a million active users every day. Its token sale had just started so check the link to get more info.

[gredisgold88]

Here is the link you were looking for https://bitcointalk.org/index.php?topic=4886322.msg44016466#msg44016466
This company has dozens of working products, which generate revenue of more than $57M per year.
Also, Kamagames has more than half a million active users every day. Its token sale had just started so check the link to get more info.

it's useless you talk about products if there is no transparency, we can all claim whatever we want.
Introducing Buddy, has had products used by developer around the world and has worked with Google.
https://token.buddy.works

[mickey_miner]

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. I've never understood people who invest in an idea. In most cases, such people lose their money.

[altercreed]

An ICO with a working product i much better than an ICO without it and all they have are only promises written on their white paper. Working product is also one of the factors i am looking for an ICO nowadays to prove that they are not scam and that they really have a good vision on their project.

[xWolfx]

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

It depends really. Safer? - Yeah. More profitable? - Depends.

The thing about ICOs is that so many people fall into scams and that of course hurt the entire ICOs image on the outside world. Knowing how to identify legit ones is by far the most important part of it. If chosen right, you could get big % over your investment but that is extremely risky and i recommend only to people who know what they are doing.

That is why i consider best to educate yourself and invest in the ones you like their cause for now, starting low. That way you will know what you're doing in the future.

[Mpamaegbu]

If you find an ICO which can offer its product then send here the link, I think that you will find many investors.

There is an ingoing ICO for a real use-case coin called the MB8coin. The developers are already in business but want an expansion for their business. Hence, the ongoing ICO which ends on November 5. It is a real world cryptocurrency with 2100 businesses, and still growing.

You can find more about the coin through this link to the site https://mb8coin.io

[Rostock]

Indeed, it is better to look for an ICO that already has a finished product, but there are quite a few such projects and besides the finished product is worse, but you can always see where you invest.

[millensharon8]

may have existing products or proves to be indeed made quite confident in investing. but just a real product alone is not enough in the absence of the concept and the elaboration of the product system. so from those other advocates such as whitepaper still need to be used as supporting materials. ICO will be able to provide a nice clear description including the whitepaper as this will help clarify the concept of the ICO.

You know one thing about having an existing product and have been able to create some sort of little demand for this product to actually have a feel in real life how things would be like for the usage of the products by users, always tend to go a long way when it comes to investing in such product.

I always see funding as a way of building on what is already available and helping the product to grow more than it already is, when it comes to marketing and some other sort. I wonder why people tend to focus on a whitepaper that can be cloned or some empty promises. Team, minimum viable product, and the vision, speaks well than just a whitepaper.

[tdeannova]

yes, good idea and promising. but look at the facts that happened, all ico only sold an article and an appointment in the whitepaper, after ico finished they left the project and the only one left was the pump. there is rarely ico but has launched they product, which we often encounter is just a demo.

[Bttzed03]

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! This is actually the new standard for me when investing into an ICO. Websites/whitepaper are good but even scam ICO's have them now.

[kanmo]

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, its really a good idea to invest in an ICO that already have a working product. Its more profitable to invest in those ICOs than to invest in an ICO that doesn't have a working product.

[rickadone]

It's so difficult to find an ICO pitched on a product. After Q2 of 2018 it has to be an outstanding idea with an outstanding team to be worth the investment

I totally relate with that . However, it might be difficult to see them, but does not mean they are not there.

A lot of them though tend to want to use the funds raised to build on the product they already have which is why I prefer sometimes to see some sort of demo and be sure the team is ready to work in most cases than just investing in an empty promise because certainly, promises will not solve the job and unless I am sure the team look solid with enough experience to build something realistic in the long run, before I can consider.

[voztata]

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

Maybe you’re right, but know what product it is cause some of them might not get the interests of people and so it might not really work as you think and you’re most going to make any profit from it. If you look at the product and see it is something that no one would be interested in, then leave it and continue with something that you know about. Maybe you should continue with the white paper, if that’s what’ can get you the profit you need at last.

[crypto-futures]

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

Maybe you’re right, but know what product it is cause some of them might not get the interests of people and so it might not really work as you think and you’re most going to make any profit from it. If you look at the product and see it is something that no one would be interested in, then leave it and continue with something that you know about. Maybe you should continue with the white paper, if that’s what’ can get you the profit you need at last.

Absolutely, the product needs to be proven or have an obvious place in the market. The second quarter of 2018 proved that medium level ideas are not enough anymore.

[FinanceX]

It's very difficult to find ICO's with a proven product. In fact I only know of one