I hope you are not promoting kickico here.

But overall don't agree. Right now investment options for normal people are limited to
- Property (low returns volatility)
- Bank deposit (VERY low returns)
- Stock market - all big companies with huge overheads + competing with all of the professional traders who don't tell me they don't do insider trade spend all of their time to do better investments than you
- friends/family - angel investments. This would be a trusted but highly limited circle.
And ICOs open a lot more opportunities, kicking VCs asses from the comfortable 2% management fee life.



I would agree that having a working product is a great sign of a) it's actually possible b) founders actually committed/put some effort into it. I will be starting an ICO soon and, frankly, without a working product I wouldn't even try, it would be too much responsibility to raise the money not having good confidence I'd be able to make good returns for investors. Overall, I'd say don't invest without good research on the company/founders. The world is so connected now with so much info available that it's always possible to pick out a scam or a crappy project.

This is what we are doing btw, if someone is interested: https://www.wacoin.io