Just as Satoshi’s vision wasn’t 1,000 bitcoin forks, the vision of ethereum founder Vitalik Buterin wasn’t to decentralize the parenting industry. This year, an avalanche of ridiculous ERC20 tokens have been issued that take vaporware to the next level. From bananas on the blockchain to smart contract-based tombstones, these are the most pointless cryptocurrency tokens ever issued. ICO Alert is a goldmine of ridiculous token-based projects, and by “goldmine” read “excruciating well of despair”. There aren’t enough facepalms to include all of the inane and insane tokenized offerings to be found on its pages. To save you from plummeting down that rabbit hole never to return, we’ve done the dirty work for you and rounded up a small selection from Token Hell. Read more https://news.bitcoin.com/the-most-pointless-cryptocurrency-tokens-ever-invented/
This is what we call as business...when something is doing right and that something caught the fancy of the many and become successful you should be expecting others to be following the path by the pioneer. There will always be competition others thinking they can offer better and others just for the sake of making money nothing more nothing less...but worse are the people who are riding into the popularity of that something so they can scam people out of their hard-earned money. I would say that scam artists are now operating within the cryptocurrency market pretending to be the bringers of light when in fact they are the very personification of doom and gloom. Things are getting ridiculous indeed with many ICO nothing more but copy-cats and others could not even care less abut their grammar. In the end, the market will realize that not all glitters can be gold and there are golds that don't necessarily glitter. We have to be careful.
