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Would you invest in Naked Dollars Coin (NKD$) ICO?

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nyc3650

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Naked Dollars Coin was the idea of a well-known Britain Multimillionaires Marco Robinson known for his kind act giving away a house to the eligible less fortunate family in UK.

Initial soft launch NKD$ was priced at USD0.07 with the minimum package selling at USD10,000 somewhere in mid year of 2016.

Recently, another pre-launch again in multiple countries NKD$ priced at USD0.70 with much affordable packages that came in 3 options of
  • USD2,500
  • USD5,000
  • and USD10,000

It was reported that the cryptocurrency of (NKD$) will be listed in a Asia's Cryptocurrency Exchange due in early November 2017.

Just like me and if you do have the capital, would you invest?
 

nyc3650

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I certainly wanted to see his cryptocurrency boom in 3 years time.
Personally, this guy waste no time and very open and straightly serious about money making.
He treat people with respect in a very different way.
 

tusziget

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Naked Dollars Coin was the idea of a well-known Britain Multimillionaires Marco Robinson known for his kind act giving away a house to the eligible less fortunate family in UK.

Initial soft launch NKD$ was priced at USD0.07 with the minimum package selling at USD10,000 somewhere in mid year of 2016.

Recently, another pre-launch again in multiple countries NKD$ priced at USD0.70 with much affordable packages that came in 3 options of
  • USD2,500
  • USD5,000
  • and USD10,000

It was reported that the cryptocurrency of (NKD$) will be listed in a Asia's Cryptocurrency Exchange due in early November 2017.

Just like me and if you do have the capital, would you invest?
No,I would not invest...I would invest only in Bitcoin,which is and remains (my opinion) the strongest cryptocurrency on the market...
 
C

Casey Radan

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Fact #1: It is by Marco Robinson; award winning author, entrepreneur, TV host, millionaire.

Fact #2: it is asset backed; has NKD businesses where you can dine, travel and beautify using NKD coins for a discount and with it, you can earn coins as a reward. Coin will definitely circulate. Amazing portfolio of businesses.

Fact #3: it will have its own financial eco-system; meaning it will have its own ATM and debit card.

Fact #4: Patent pending; target is to be the only coin backed by assets and has its own financial eco-system. Further research is needed.

Fact #5: Last year, it was $0.07. Now it is $0.7 and still on pre-sales.ö
 

Kahl39

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I am still not really learned about cryptocurrency. I will doing some research on this. After that, probably I can start taking a risk on this kind of investment.
 

skygod

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There's just too many ICO popping up, that it's almost certain we're in a cryptocurrency bubble. And it's gonna pop at some point. But this is also an opportunity to plan about buying tokens that would recover after the bubble pops, because when the bubble bursts, tokens will be dirt cheap, everyone will recoil from cryptocurrency for a while. But some tokens and currencies are too good and to necessary and will definitely rise. So if you buy them when the bubble bursts, you can sell them at a huge profit later
 

Crystal

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i don't trust in ICOs . These (99% of them) are the newest and latest form of scam, thats why governments are banning ICOs. On the internet there are lots of people who got scammed and the ICO' admins are making millions.
Naive people are fouled with a slogan such as "Buy now 100 ICO units and get 150" or "BUY ICOs now at a discount of 50% in the first week".
 

globetrotterGCC

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i don't trust in ICOs . These (99% of them) are the newest and latest form of scam, thats why governments are banning ICOs. On the internet there are lots of people who got scammed and the ICO' admins are making millions.
Naive people are fouled with a slogan such as "Buy now 100 ICO units and get 150" or "BUY ICOs now at a discount of 50% in the first week".
I absolutely agree and the irony is am amazed at their bounty campaign and free give away coins :) Just trying to divert people from the bitcoins!
 

Bc007

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The question is whether it is wise to invest nothing, because what is there is no time to get all smart investment limits on some risk. I personally I'm nothing. And I agree with you
 

mmmbeefy

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Good rule of thumb is to look into whether there is an actual product backing the token. Ex., there are some tokens where you are buying an opportunity for real estate, energy, etc., ie., if the thing you are investing in is a real business, that's probably a good bet. That also eliminates 99/100 ICO's on the market right now.
 

Crystal

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Good rule of thumb is to look into whether there is an actual product backing the token. Ex., there are some tokens where you are buying an opportunity for real estate, energy, etc., ie., if the thing you are investing in is a real business, that's probably a good bet. That also eliminates 99/100 ICO's on the market right now.
Such ICO which is really investing in real assets are very ,very rare.
Many ICOs will claim on internet that they are investing money into solar energy panels, games development ,etc but the proofs can be fake for internet very easy. You need to be a veteran in online money earning to search on internet and find if those proofs are real. Or to travel at website's specified physical address to see if the company exists and if they do invest.

On the other hand, a real company will seek for funds legally or at least most easy to get, such as banks ,crowdfunding, stocks,online loans ,etc . The only easy way and legal to get funds online is loaning and crowdfunding. But if you are a foreign company registered in U.S.A ,it is illegal to ask for crowdfunding online ( anti-terrorism laws) so you are forced to work with a bank.
Anyways, I think the chance to find a good and real ICO which is worth investing and which is investing in real assets it is less than 1%.
There are real investments from cryptocurrencies or at least were proposed ,such as : ETH DAO team proposed to invest DAO tokens in lynda.com or similar websites or to open own website for online training (tutorials,courses,etc) but that's ETH related investments. And everyone knows that ETH is more serious and more reliable than bitcoin when comes to invest in real assets (due to smart contracts). There is also a website, i forgot which one, which is based on crowdfunding some movie productions (small studios) with ETH and promises in return ,a +10% profit over the invested amount in few months.

A real serious company won't use controversial online methods such as ICO, etc to get funds unless the country has not regulated ICOs but i bet most companies does not have employees trained to use cryptocurrencies .
So ,if you find an online new ICO which is claiming that the money are invested in real assets it is very likely that ICO is managed by an amateur, single person or a small group which may found an opportunity to invest/risking people's money or not. Because if it was a legal and serious company even with trained employees for blockchain technology, can't prove to IRS from where they got the money funding. And this is equal to sponsoring terrorism/human trafficking/corruption/etc from unknown sources.
I should've make a topic about this subject :Happy:
 
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mmmbeefy

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Really good points Crystal. I tend to also apply a general rule of thumb "are other people going to want to buy this coin once it hits an exchange, and what price do I think they'll buy it for?"

Probably the only token asset coin I've really liked is ICOS, because they offer heavily discounted coins during their hosted ICO projects where I'm pretty sure I can get a net ROI on those coins once they are exchange listed. But even there, kinda risky.

One thing I would challenge you on is that there are certain countries the US has targeted for sanctions (esp. Russia) where an ICO is a reasonable work-around to get access to US/EU investors. Really, most of the ETH based coins that have looked like good projects are almost exclusively Russian.
 
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Medowriter

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Considering the information given, I don't think it is sufficient enough for me to invest in it but once I am ready I will contact necessary channels to get more updates. Thanks for your updates.
 
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Lovely

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i don't trust in ICOs . These (99% of them) are the newest and latest form of scam, thats why governments are banning ICOs. On the internet there are lots of people who got scammed and the ICO' admins are making millions.
Naive people are fouled with a slogan such as "Buy now 100 ICO units and get 150" or "BUY ICOs now at a discount of 50% in the first week".
You're abosutely right,this is just the case we are in now.Too many scam sites and the admins are smiling to the bank.When once they're filled and satisfied with scamming on a site,they close it down and create another one to start all over again.Investing online is not encouraging at all,I prefer just earning online.
 

nyc3650

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Such ICO which is really investing in real assets are very ,very rare.
Many ICOs will claim on internet that they are investing money into solar energy panels, games development ,etc but the proofs can be fake for internet very easy. You need to be a veteran in online money earning to search on internet and find if those proofs are real. Or to travel at website's specified physical address to see if the company exists and if they do invest.

On the other hand, a real company will seek for funds legally or at least most easy to get, such as banks ,crowdfunding, stocks,online loans ,etc . The only easy way and legal to get funds online is loaning and crowdfunding. But if you are a foreign company registered in U.S.A ,it is illegal to ask for crowdfunding online ( anti-terrorism laws) so you are forced to work with a bank.
Anyways, I think the chance to find a good and real ICO which is worth investing and which is investing in real assets it is less than 1%.
There are real investments from cryptocurrencies or at least were proposed ,such as : ETH DAO team proposed to invest DAO tokens in lynda.com or similar websites or to open own website for online training (tutorials,courses,etc) but that's ETH related investments. And everyone knows that ETH is more serious and more reliable than bitcoin when comes to invest in real assets (due to smart contracts). There is also a website, i forgot which one, which is based on crowdfunding some movie productions (small studios) with ETH and promises in return ,a +10% profit over the invested amount in few months.

A real serious company won't use controversial online methods such as ICO, etc to get funds unless the country has not regulated ICOs but i bet most companies does not have employees trained to use cryptocurrencies .
So ,if you find an online new ICO which is claiming that the money are invested in real assets it is very likely that ICO is managed by an amateur, single person or a small group which may found an opportunity to invest/risking people's money or not. Because if it was a legal and serious company even with trained employees for blockchain technology, can't prove to IRS from where they got the money funding. And this is equal to sponsoring terrorism/human trafficking/corruption/etc from unknown sources.
I should've make a topic about this subject :Happy:
As the time passed and there are more and more ways to gain questionable onto ICO concern.

Most of the you are right about one thing. ICOs have similarity to HYIP.
The risk of losing your investment are 75% to 95%.
And there is one important point to take note. When their product is not ready, as long as they are not reaching their targeted investment capital no doubt they said they already have some in place. Their plan has failed.
 

tusziget

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I have never heard of this type of coins.But I would not invest in it.If you want to buy some currencies,better buy something that is famous on the market,like Bitcoin or Ethereum.They have stability,not like some other cryptourrencies,that didn't lasted very much on the market.
 

castbound castboundoski

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Fact #1: It is by Marco Robinson; award winning author, entrepreneur, TV host, millionaire.

Fact #2: it is asset backed; has NKD businesses where you can dine, travel and beautify using NKD coins for a discount and with it, you can earn coins as a reward. Coin will definitely circulate. Amazing portfolio of businesses.

Fact #3: it will have its own financial eco-system; meaning it will have its own ATM and debit card.

Fact #4: Patent pending; target is to be the only coin backed by assets and has its own financial eco-system. Further research is needed.

Fact #5: Last year, it was $0.07. Now it is $0.7 and still on pre-sales.ö
Well it seems like the people behind the Naked Coin project are very serious.They have potential in my opinion, and these facts are good too . Can you tell me are there many investors ? Can we see that somewhere ? How much they gathered ?
 

tusziget

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Well it seems like the people behind the Naked Coin project are very serious.They have potential in my opinion, and these facts are good too . Can you tell me are there many investors ? Can we see that somewhere ? How much they gathered ?
I will follow the growth of this coin.Let's see,how evolves the things around it.Though,if investment is needed,and there is no other way to earn this coin,I will orient myself to other coins.
 
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