ICOs should only create Tokens with Working Products or Services

[mcTether]

No matter how you preach about this, the ICOs will continue to create nonsense tokens.

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[blackmagic111]

Cannot agree more into this. Now tokens are being created for trading purpose only. There is no innovation to it. So I think tokens should come with some good ideas and something new.

[cryptocrabs2]

Based on this statement I think this is true because the main purpose of creating token is for trading based on this idea are overall good and helpful for the investors.

[EveningGull]

I totally agree with you. There are enormous amount of purposeless tokens in the market. They has no purpose and are just there for making the money. If we want the cryptocurrency market to be adopted by the general population, then it should bring utility in the market.

[micknessjocular]

i think you partially right, but i think there's some working ICO idea still, which doesn't sell any physical product, but still worth investing

[billy.ryoko]

Yes, I have found many projects only make the coins and launch the ICO and earn the money, after the ICO finished, the team seem disappeared and never update any news about the project, some project have not list in the exchange over the year and no any product.

[Senya777]

I fully agree with this opinion. A company that conducts its ICO must already have its own product or service. Even if not completely modified, but the product should be. Such ICO as a rule and are in great demand among investors.

[BigSheep]

This might be true. Because most of the tokens are created for the purpose of making trades. This idea is overall a good one.

[KissyPiggy]

Yes this is true. And sadly there aren't many good projects that are taking place. They are just here for a short period of time and will just disappear. And after they gt enlisted, they will be dumped and the investors will be in deep trouble. Let's hope that the developers will come in terms with it and will develop a real project, not something which will disappear.

[BabyBoar]

If there were ICO regulation, then this will certainly happen. But this is not the case here. Also most of the ICO do not have any working projects, and that could be the reason that yet these are being conducted.

[Barrycuda7]

The main problem with ICOs today is that they are operating in a unregulated space and honestly, there is not authority or governing body that will regulate them. If we try to regulate the ICO space then the point of centralization is going to come in. So, the situation is very complicated right now.

[irsada]

maybe it's been too many duplicate projects in that product mode.
but most of them just want to make a profit in a fast way, and do not prioritize the project again, when they have gotten a profit in the market.
but I agree with you that every ICO must be right to make a work product to last a long time.

[Jaguwar6]

I have seen that, all the ICOs promise to bring something new that will help others, at least, that is what their Whitepaper and roadmap says. But, most of them either can't get listed on exchanges or they are just scammers who have no intention to bring those new products they are offering.

[alinalovedoogie]

I agree and support your proposition. Yes! we know that tokens are assets.and it the future. it should stand besides products.So i think, if we really wanto survive crypto currencies, tokens are needed.

[cepot9]

yes the ICO project must be strictly regulated from now on so as not to have a bad impact on cryptocurrency especially ethereum, all ICO must have new technology, products and must work real. so that crypto is increasingly developing into a good new technology not for the nest of fraud!

[SpyderSpyNX]

As I know most of the Ico’s has no functional products. There are only some of the Ico that only has working product. Investing in a project having working product is a good idea.

[Ostonian]

I fully agree that tokens should be issued with a work product, which in turn should be improved. Thus, the working and prospective product will support the released token, which will have a demand for the purchase and, accordingly, the price will increase.

[kayakcrypto9875]

Indeed. No one can argue with you on that. Tokens should contribute in society but as well as on the person itself. Thus, the economic balance will be maintained.

[elosi]

That's exactly what the crypto currency was created to achieve, it was created to add new value to the society but these days the story is different, people just do one page project and create tokens for it and list on the exchange, I think to stop those kind of tokens, more people will learn how to research on good ICO's and stop investing on projects that doesn't add value to the society.

[milani]

I agree with the author of the topic that itvis necessary to hold the ICOs of projects with the working product, and it is needed at least in order to turn back the small investors and trust in ICOs.