Quote from: hakertajniak on September 14, 2018, 01:53:54 AM

Quote from: aleksandra_kickcity on January 16, 2018, 10:16:39 AM

I was wondering, why a lot of projects don't have such an important thing for a successful ICO as a product.

When a company has a product it means they have it to develop. In such case, a company shows why they need ICO and how the company will be growing. What is more, there is more trust because a company has experience in a field they are working.

For example, KickCity company that exists two years. KickCity an event platform that generates revenue and has a Helsinki government grant. KickCity needs ICO to make business bigger and to become a decentralized platform where every user is rewarded for ticket promotion.

On the other hand, no product ICOs can prove their success just in theory. There is no proof base that product will be developed and will be working right.

In such unstable industry as ICO everything has to be under control. The product is one of the things that shows the campaign is not a scam. That is why I believe it is better to invest in ready-made products ICOs.

Most of ICO's are running without a product in the beginning, because they need the funds from sale to develop it.
Only some of them are already have the MVP or minimum viable product.
If you do your own due diligence and find it is a real project, then you don't need to afraid investing on it even the product not yet released.

so its could be better to invest in ico that already have MVP.although no one could guarantee its future, atleast it could be our benefit they have work and launch real product.and not depend on ico fund.