Re: I have a great business which works - do you think offering an ICO will be good?

Quote from: omaireab on July 20, 2017, 01:44:35 PM

I am currently a newbie in the crypto world. However, I run several successful companies. One of which is a company which grows completely on referrals. If you refer someone to the company, you receive a fixed cash bonus every month they are subscribed. It's only ONE LEVEL down. So you only earn from your direct referrals. Rather than simply giving cash, we were thinking about offering a 'token'. The value of which can change depending on the growth of the company.

It offers our customers a chance to actually get more value out of their cash and also can be lucrative for investors on an ICO.

Does this make sense?

Any thoughts?

Thank you in advance :-) Cheesy

First not every single service and businesses needs an ICO, second dont get me wrong but every time I see a business that is based on referrals I think that might be some kind of pyramid scheme, you can try to use your tokens but dont be surprised if it has the opposite effect as people quit because instead of receiving cash that they can spend anywhere now receive a token that no one wants.