Bitcoin Forum
May 02, 2024, 12:37:32 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: REVERSE ICOs?  (Read 152 times)
newb2pro (OP)
Newbie
*
Offline Offline

Activity: 18
Merit: 0


View Profile
February 20, 2019, 03:20:08 AM
 #1

I have been following a few ICOs in the past but am tired of the high risks.
The fact that most whitepapers are simply business plans at best and the business models are redundant most of the times, I think is where the losses happen.
I've recently participated in a bounty program of SEED Foundation and the project is about to list on a large global exchange.
I'm thinking because they are Reverse ICO (like they did not host any ICOs until now but already have a business that's running) they should be less risky.
What do you guys think??

What are your thoughts on Reverse ICOs??
1714653452
Hero Member
*
Offline Offline

Posts: 1714653452

View Profile Personal Message (Offline)

Ignore
1714653452
Reply with quote  #2

1714653452
Report to moderator
1714653452
Hero Member
*
Offline Offline

Posts: 1714653452

View Profile Personal Message (Offline)

Ignore
1714653452
Reply with quote  #2

1714653452
Report to moderator
1714653452
Hero Member
*
Offline Offline

Posts: 1714653452

View Profile Personal Message (Offline)

Ignore
1714653452
Reply with quote  #2

1714653452
Report to moderator
If you see garbage posts (off-topic, trolling, spam, no point, etc.), use the "report to moderator" links. All reports are investigated, though you will rarely be contacted about your reports.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
pinoyden
Full Member
***
Offline Offline

Activity: 756
Merit: 102



View Profile
February 20, 2019, 04:07:54 AM
 #2


To be honest its first time to hear a so called " reverse ico's "  but if they dont host or do ico's then they shouldnt be called reverse ico's  .

I think they are less riskier than compare to a real ico's because an actual ico needs to collect funds from their investors before they start their project  .

Just remeber , only invest amounts that you can afford to loose no matter how less risky the invest is  .
Maslate
Hero Member
*****
Offline Offline

Activity: 2996
Merit: 677


Message @Hhampuz if you are looking for a CM!


View Profile
February 20, 2019, 04:50:57 AM
 #3

What are your thoughts on Reverse ICOs??


There are project that are already running and yet they conduct an ICO for additional investment, it's good if you can invest with them
since they have a working product. But, you should also look on the history of the business, their reputation and profitability is very important, if you find it attractive them invest with them, it's true that it's less risky.

However, with my longer stay in crypto, I notice that there are only few businesses that are doing the same, most of the proejct in ICO
are just an idea then they will just implement that idea once they have successfully raised the funds.

R


▀▀▀▀▀▀▀██████▄▄
████████████████
▀▀▀▀█████▀▀▀█████
████████▌███▐████
▄▄▄▄█████▄▄▄█████
████████████████
▄▄▄▄▄▄▄██████▀▀
LLBIT
  CRYPTO   
FUTURES
 1,000x 
LEVERAGE
COMPETITIVE
    FEES    
 INSTANT 
EXECUTION
.
   TRADE NOW   
Jating
Hero Member
*****
Offline Offline

Activity: 2912
Merit: 805


View Profile
February 20, 2019, 05:26:47 AM
 #4


To be honest its first time to hear a so called " reverse ico's "  but if they dont host or do ico's then they shouldnt be called reverse ico's  .

I think they are less riskier than compare to a real ico's because an actual ico needs to collect funds from their investors before they start their project  .

Just remeber , only invest amounts that you can afford to loose no matter how less risky the invest is  .

Quote
DEFINITION of Reverse ICO

Reverse initial coin offering (ICO) is a method used by existing, established real-world businesses to raise funds and get into cryptocurrency. These enterprises have existing products and/or services, and they cater to real world customers. Essentially, reverse ICO acts as an initial public offering (IPO) allowing an existing enterprise to launch cryptocurrency tokens and seek funds through crowdsourcing.

https://www.investopedia.com/terms/r/reverse-ico.asp

I think there is still a risk but I would say that it's minimal as compare to a ICO wherein it's a like a gamble to put your money with them because you don't know if the project will be successful or not.

However, I don't know if there are projects in crypto that indeed implements reverse ICO. So it's really hard to say at this point, risk is still there, so you need a lot of DYOR if what project you're going to invest just because they're going in a reverse ICO.
Bttzed03
Legendary
*
Offline Offline

Activity: 2114
Merit: 1149


https://bitcoincleanup.com/


View Profile
February 20, 2019, 07:07:53 AM
 #5

DEFINITION of Reverse ICO

Reverse initial coin offering (ICO) is a method used by existing, established real-world businesses to raise funds and get into cryptocurrency. These enterprises have existing products and/or services, and they cater to real world customers. Essentially, reverse ICO acts as an initial public offering (IPO) allowing an existing enterprise to launch cryptocurrency tokens and seek funds through crowdsourcing.
https://www.investopedia.com/terms/r/reverse-ico.asp
Thanks for this. It was my first time learning about Reverse ICO also.

This certainly lessens the risks. Investors do not have to worry about the uncertain things from ICOs like whether the project can actually deliver a working product or if they can even land strategic partnerships.
Herbert2020
Legendary
*
Offline Offline

Activity: 1946
Merit: 1137


View Profile
February 20, 2019, 07:14:57 AM
 #6

I'm thinking because they are Reverse ICO (like they did not host any ICOs until now but already have a business that's running) they should be less risky.
What do you guys think??

correct, they are less risky but not safe. in other words these ICOs are still very very risky and it doesn't matter if there is some real business behind them. if their business was so successful then they wouldn't be needing to raise funds like this through an ICO.
you should ask yourself this: what does this new token offer the world that they couldn't do it without it?!! the answer is nothing in all ICO token cases that have been created so far in the past couple of years.

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
vareehavee
Newbie
*
Offline Offline

Activity: 14
Merit: 0


View Profile
February 22, 2019, 04:45:14 AM
 #7


So were just talking about coins that haven't made it to an exchange then??
It seems like it would work in this senerio.

If the coin has already make it to an exchange, then what?? They sell it for the same price as the exhange price??
In this second senerio if the devs sold it for less than the exchange, then who would pay more on the exchange?
So the exchange price would immediately fall for the same price or most likely even less than the ICO                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  



MI6
Hero Member
*****
Offline Offline

Activity: 1260
Merit: 504


Betking.io - Best Bitcoin Casino


View Profile
February 22, 2019, 06:43:17 AM
 #8

I have been following a few ICOs in the past but am tired of the high risks.
The fact that most whitepapers are simply business plans at best and the business models are redundant most of the times, I think is where the losses happen.
I've recently participated in a bounty program of SEED Foundation and the project is about to list on a large global exchange.
I'm thinking because they are Reverse ICO (like they did not host any ICOs until now but already have a business that's running) they should be less risky.
What do you guys think??

What are your thoughts on Reverse ICOs??

Of course it is good. Well at least they already have their product and use ICO to develop their product more. It is better than some ICOs nowadays that actually only be plan like what you said and then make product with funds that they get from ICO.

makishart
Legendary
*
Offline Offline

Activity: 3066
Merit: 1028


Leading Crypto Sports Betting & Casino Platform


View Profile
February 22, 2019, 06:54:53 AM
 #9

I have been following a few ICOs in the past but am tired of the high risks.
The fact that most whitepapers are simply business plans at best and the business models are redundant most of the times, I think is where the losses happen.
I've recently participated in a bounty program of SEED Foundation and the project is about to list on a large global exchange.
I'm thinking because they are Reverse ICO (like they did not host any ICOs until now but already have a business that's running) they should be less risky.
What do you guys think??

What are your thoughts on Reverse ICOs??

You should clarify does it has a real business or not. You can try to take a look on the republia and it was cancelling its ico and tell us the team has already got a partnership that will cover all of the development funds. But these can't be trusted for 100%

..Stake.com..   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
..PLAY NOW..
clonely
Member
**
Offline Offline

Activity: 490
Merit: 10

SEND AND RECEIVE MONEY INSTANTLY


View Profile
February 22, 2019, 07:03:17 AM
 #10

I have been following a few ICOs in the past but am tired of the high risks.
The fact that most whitepapers are simply business plans at best and the business models are redundant most of the times, I think is where the losses happen.
I've recently participated in a bounty program of SEED Foundation and the project is about to list on a large global exchange.
I'm thinking because they are Reverse ICO (like they did not host any ICOs until now but already have a business that's running) they should be less risky.
What do you guys think??

What are your thoughts on Reverse ICOs??


Changing her name doesn't make its more adorable. ICOs are risk-bearing investments. So sometimes, even if the project goes well, your investment may lose value. Reverse word doesn't change anything.

Zulfiyan
Member
**
Offline Offline

Activity: 360
Merit: 10


View Profile
February 22, 2019, 07:07:26 AM
 #11

as we know, ICO that is done after a company has a project that has already been running will very likely be successful because investors already know how the project will be in the future.
aioc
Hero Member
*****
Online Online

Activity: 2898
Merit: 564



View Profile
February 22, 2019, 03:40:32 PM
 #12

I have been following a few ICOs in the past but am tired of the high risks.
The fact that most whitepapers are simply business plans at best and the business models are redundant most of the times, I think is where the losses happen.
I've recently participated in a bounty program of SEED Foundation and the project is about to list on a large global exchange.
I'm thinking because they are Reverse ICO (like they did not host any ICOs until now but already have a business that's running) they should be less risky.
What do you guys think??

What are your thoughts on Reverse ICOs??


Seems a new term for me, can you care to elaborate I have not read this term before so that Seed is a reverse ICO because they are not running an ICO just confusing term and I believe there is no such thing as reverse ICO.

rosezionjohn
Sr. Member
****
Offline Offline

Activity: 882
Merit: 301


View Profile
February 22, 2019, 04:32:58 PM
 #13

The good thing about this model is that they've already had the network or connections and most likely a ready market. That does not however guarantee that they can create an effective product.
jagaban
Copper Member
Jr. Member
*
Offline Offline

Activity: 322
Merit: 8


View Profile
February 22, 2019, 05:28:34 PM
 #14

In all honesty, I believe a project will show seriousness if they already have, at least 40% of their business running. ICOs for a business that is already in existence will garner more investors than one that is yet to even have an office. So you will have less risk going into such an ICO

Mister1k
Hero Member
*****
Offline Offline

Activity: 896
Merit: 520



View Profile
February 22, 2019, 05:35:23 PM
 #15

The good thing about this model is that they've already had the network or connections and most likely a ready market. That does not however guarantee that they can create an effective product.

You may say it clearly, community and product is the main matter to have belief on any ICO project. Most of the ICO project does not do this instead of they set the softcap and hardcap. Try to loot the fund as much they can and leave the investor as it is.
This should be check the resolve the issues while opening any ICO projects.
Reid
Hero Member
*****
Offline Offline

Activity: 2884
Merit: 642


View Profile
February 22, 2019, 06:18:25 PM
 #16

If the company is already planted then you wont have much of a problem.
This kind of ICO's mostly just want more fund to broaden their company. I dont know what their terms are, if it is products or then want to add more in other countries.

But still be careful though. If there is a token used to buy and sell, most likely it could be dragged by the down market that we are experiencing but it doesnt mean it is the end too.
kingzpro
Member
**
Offline Offline

Activity: 756
Merit: 13

DIFX - Digital Finacial Exchange


View Profile
February 22, 2019, 06:22:13 PM
 #17

I think this should be the requirement for all the icos and they should come up with their project and business and after that they should be allowed to raise funds for ongoing expenses, marketing and further development of their product and services.

jacafbiz
Hero Member
*****
Offline Offline

Activity: 2072
Merit: 529


Sugars.zone | DatingFi - Earn for Posting


View Profile
February 22, 2019, 06:23:19 PM
 #18

I am just reading about the ICO and I believe most people in this space also are in my shoe. One thing people need to look for now is if the project do have a prototype, have  team that have develop something in the past, the quality of the team and the most important thing, if the team is not a money grabbing, just doing ICO for the sake of ICO and the usefulness of the tokens

.SUGAR.
██   ██

██   ██

██   ██

██   ██

██   ██

██   ██
▄▄████████████████████▄▄
▄████████████████████████▄
███████▀▀▀██████▀▀▀███████
█████▀██████▀▀██████▀█████
██████████████████████████
██████████████████████████
█████████████████████▄████
██████████████████████████
████████▄████████▄████████
██████████████████████████
▀████████████████████████▀
▀▀████████████████████▀▀

██   ██

██   ██

██   ██

██   ██

██   ██

██   ██
███████████████████████████
███████████████████████████
██████               ██████
██████   ▄████▀      ██████
██████▄▄▄███▀   ▄█   ██████
██████████▀   ▄███   ██████
████████▀   ▄█████▄▄▄██████
██████▀   ▄███████▀▀▀██████
██████   ▀▀▀▀▀▀▀▀▀   ██████
██████               ██████
███████████████████████████
███████████████████████████
.
Backed By
ZetaChain

██   ██

██   ██

██   ██

██   ██

██   ██

██   ██

██   ██

██   ██

██   ██

██   ██

██   ██

██   ██
▄▄████████████████████▄▄
██████████████████████████
████████████████████████████
█████████████████▀▀  ███████
█████████████▀▀      ███████
█████████▀▀   ▄▄     ███████
█████▀▀    ▄█▀▀     ████████
█████████ █▀        ████████
█████████ █ ▄███▄   ████████
██████████████████▄▄████████
██████████████████████████
▀▀████████████████████▀▀
▄▄████████████████████▄▄
██████████████████████████
██████ ▄▀██████████  ███████
███████▄▀▄▀██████  █████████
█████████▄▀▄▀██  ███████████
███████████▄▀▄ █████████████
███████████  ▄▀▄▀███████████
█████████  ████▄▀▄▀█████████
███████  ████████▄▀ ████████
████████████████████████████
██████████████████████████
▀▀████████████████████▀▀
Open4lies
Sr. Member
****
Offline Offline

Activity: 552
Merit: 250


View Profile
February 22, 2019, 06:41:58 PM
 #19

I don't know much about REVERSE ICO but I think if you're looking for good ICO projects to invest in so why don't you take a look at OATH PROTOCOL ICO? OATH PROTOCOL ICO has very good partner like QTUM, AION, QUARKCHAIN, NEM,.....so I think maybe OATH can be able to become the best ICO project of this year.


░░░░░░░░░░░░░░░░░░░░▄▄
░░░░░░░░░░░░░░░░░░░░████▄▄
░░░░░░░░░▄▄░░░░░░░░░████████
░░░░░▄▄██████▄▄░░░░░███████████▄▄
░▄▄██████████████▄▄███████████████▄
░▀▀██████████████▀▀░░░▀▀████████████
██▄▄▀▀██████▀▀░░░░░░░░░░░▀▀████████
██████▄▄▀▀░░░░░░░░░░░░░░░░░░▀███████
████████░░░░░░░░░▄▄▄░░░░░░░░░░░▀▀███
████████░░░░░▄▄███████▄▄░░░░░███▄▄░░▀
████████░░░███████████████░░░███████▄
░░▀▀████░░░░░▀▀███████▀▀░░░░░████████
██▄▄░░▀▀░░░░░░░░░▀▀▀░░░░░░░░░████████
██████▄▄░░░░░░░░░░░░░░░░░▄▄░░▀███████
████████░░░░░░░░░░░░░▄▄██████▄▄▀▀███
██████████▄▄░░░░▄▄██████████████▄▄
██████████████▄▄▀▀██████████████▀▀
░░▀▀████████████░░░░▀▀██████▀▀
░░░░░░▀▀████████░░░░░░░░▀▀
░░░░░░░░░▀▀██████
░░░░░░░░░░░░░▀▀██
OATH

████▀
███▀  ▀
██▀  ▀
█▀  ▀
▀  ▀
▄  ▄
█▄  ▄
██▄  ▄
███▄  ▄
████▄


▀████
▀  ▀███
▀  ▀██
▀  ▀█
▀  ▀
▄  ▄
▄  ▄█
▄  ▄██
▄  ▄███
▄████


             ▄████▄▄   ▄
█▄          ██████████▀▄
███        ███████████▀
▐████▄     ██████████▌
▄▄██████▄▄▄▄█████████▌
▀████████████████████
  ▀█████████████████
  ▄▄███████████████
   ▀█████████████▀
    ▄▄█████████▀
▀▀██████████▀
    ▀▀▀▀▀


                   ▄▄████
              ▄▄████████▌
         ▄▄█████████▀███
    ▄▄██████████▀▀ ▄███▌
▄████████████▀▀  ▄█████
▀▀▀███████▀   ▄███████▌
      ██    ▄█████████
       █  ▄██████████▌
       █  ███████████
       █ ██▀ ▀██████▌
       ██▀     ▀████
                 ▀█▌


█▄▄              █▄▄
█████▄▄         ██████▄▄
████████       ████████ █
████████ ██   ████████ ██
████████ ███ ████████ ███
████████ ████ ██████ ████
████████ █████ ████ █████
████████ ▀█████ ██ ██████
████████    ▀▀██  ███████
▀███████         ▀███████
   ▀▀███            ▀▀███
       ▀                ▀
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!