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Topic: Do people still create new ERC20 tokens/projects nowadays? (Read 981 times)

full member
Activity: 868
Merit: 116
I want to reply to the topic. In as much as cryptocurrency is concern, there are still new projects that will be created continually. If you check very well, you will see that there are new projects emerging, the difference is that they are not as many as they use to be.
sr. member
Activity: 906
Merit: 263
Before making silly posts like this why do you not teach yourself what erc20 is? You should know that every single token on the bounty section is ecr20 so obviously they coming out with new ones daily. Please stop asking such stupid questions.

ICO is just a distribution method and has nothing to do with the type of coin or how legit it is.
member
Activity: 775
Merit: 11
it's still and will continue the following day. one can easily make tokens using the ERC20 platform owned by ethereum. but the biggest problem is that many of them misuse this platform for negative things, including making garbage tokens to deceive their victims through ICO.
sr. member
Activity: 573
Merit: 250
I was wondering if ERC20 tokens are still useful today and if people still create projects around them? I know the ICO 'feast' is kind of over and that was the main purpose people were launching these tokens for.

Greetings to the community,

Liviu
Only matter is project types, doesn't matter ERC-20 tokens or own blockchain. Still huge project are interested in ERC-20 tokens, Because easy to create and tracking. Some new project is now making ERC-20 token then develop their own coin. Although own coin has big support by investors as history instead ERC-20 token.
sr. member
Activity: 1344
Merit: 264
bit.ly/3QXp3oh | Ultimate Launchpad on TON
There are still a lot of new projects using ERC20, but there aren't too many reputable projects here. Most of them are scams because creating ERC20 tokens is easy. During this period, new projects of good quality often use Binance Chain to create their tokens, and it makes their projects more noticeable and makes more investors interested
legendary
Activity: 1288
Merit: 1012
I was wondering if ERC20 tokens are still useful today and if people still create projects around them? I know the ICO 'feast' is kind of over and that was the main purpose people were launching these tokens for.

Greetings to the community,

Liviu
People still create/use ERC token for like digital collectibles, Big project like BAT use ERC- 20 token standard. I think people won't stop issuing ERC tokens, Once ETH has done it's upgrade we'll see a lot more using it.
sr. member
Activity: 2352
Merit: 245
I was wondering if ERC20 tokens are still useful today and if people still create projects around them? I know the ICO 'feast' is kind of over and that was the main purpose people were launching these tokens for.

Greetings to the community,

Liviu
I do not see too significant problems for the existence and development of ERC-20 tokens. They are still worthy of attention, and their problems with ICO projects are temporary. ICO projects have not died, when they are regulated by states, the level of fraud will fall and they must again regain their popularity.
sr. member
Activity: 644
Merit: 253

They are not doing ICO using the ERC20 tokens today which is good.
We can't stop them from creating tokens nor coins, its making these coins/tokens valuable in the market that makes it difficult. To be able to do that these days it needs uniqueness and use case of the coin which merely any new coins today aren't unique.



There are analysis that still there's a lot of crypto project out there that will create ERC20 tokens, but of course that doesn't mean they are all scam, for  sure there were some legit out there, we just need to observe, make a thorough research regarding it if we found some interesting project.
legendary
Activity: 2282
Merit: 1041

They are not doing ICO using the ERC20 tokens today which is good.
We can't stop them from creating tokens nor coins, its making these coins/tokens valuable in the market that makes it difficult. To be able to do that these days it needs uniqueness and use case of the coin which merely any new coins today aren't unique.

member
Activity: 700
Merit: 12
of course people creating, why not? a lot of good projects need investions to work as good and useful projects! I am supporting new projects
member
Activity: 423
Merit: 11
I was wondering if ERC20 tokens are still useful today and if people still create projects around them? I know the ICO 'feast' is kind of over and that was the main purpose people were launching these tokens for.

Greetings to the community,

Liviu

I see that most ICO and IEO projects still use the Ethereum platform to create ERC20 tokens. But now there is using ERC-721. But I do not understand what are the advantages of the ERC-721 token. Perhaps the crypto master is better able to explain this.
member
Activity: 728
Merit: 19
KUWA.ai
Ethereum Blockchain is slow and old compare to other blockchain technology out their.But it is much cheaper to create a ERC 20 token and scammer take that as their chance.They create ERC 20 token and promote their scam project.May be this is one of the reason it is still very popular in the crypto world.
full member
Activity: 346
Merit: 100
Scammers can't do without erc20 tokens Grin they are easy to built and it cost nothing to build an ICO website this days, i can't say ETH is bad for this, its just that bad people are using it for their selfish gains
Well it was all the truth but we still cannot say erc20 tokens are a bad token also. Some of the legit one are still using erc20 tokens as it easy to make. Scammer this day know how to manipulate any person that has low knowledge about cryptos and it was not erc20 tokens that has scam the investors btw. It was their greed that scam they btw.
member
Activity: 490
Merit: 16
Scammers can't do without erc20 tokens Grin they are easy to built and it cost nothing to build an ICO website this days, i can't say ETH is bad for this, its just that bad people are using it for their selfish gains
member
Activity: 736
Merit: 11
I think the erc20 platform is still useful, in fact there are still many companies developing their own coins through the ethereum platform, and you can see on ANN's thread there are still many ico projects popping up every day. but the problem is that most developers are not responsible or abuse the erc20 platform for fraud.
member
Activity: 798
Merit: 10
I was wondering if ERC20 tokens are still useful today and if people still create projects around them? I know the ICO 'feast' is kind of over and that was the main purpose people were launching these tokens for.

Greetings to the community,

Liviu

Maybe more than 80% of tokens on the market still use ERC20. Many new projects still use ERC20 because of the ease of making it and I think whether it is in the form of a coin or token ERC20, the most important thing is that the project is good and must have products that can be applied in the real world
sr. member
Activity: 896
Merit: 305
www.thegeomadao.com
I was wondering if ERC20 tokens are still useful today and if people still create projects around them? I know the ICO 'feast' is kind of over and that was the main purpose people were launching these tokens for.

Greetings to the community,

Liviu
1 month is more than since you asked and maybe you have seen for yourself how about erc20. yes it's still useful even though ico has begun to slow down and in my opinion it will still be useful not only for ico but also ieo, and of course other crowdfunding that we don't know about yet
copper member
Activity: 266
Merit: 0
SYNCHROBIT
It is the cheapest way to create a crypto currency. I saw few gigs on Fiverr, people are offering ERC-20 token creation for several bucks. So to create a fake ICO is getting more and more cheap. And unfortunately, there is really nothing to do about it.
hero member
Activity: 1344
Merit: 502
Tokens are constantly being created on the Ethereum network to support all kinds of uses like IEOs, STOs, dApps and Airdrops etc. and you can also very easily make one yourself for fun if not for a project and this network has major upgrades coming this month and continuing next year so it should be a worthwhile asset invest into
full member
Activity: 1148
Merit: 116
I was wondering if ERC20 tokens are still useful today and if people still create projects around them? I know the ICO 'feast' is kind of over and that was the main purpose people were launching these tokens for.

Greetings to the community,

Liviu
ETH erc20 is the most used in crypto space today, every single projects popping up since january of this year are mostly running on smart contract but beware scammers are very fond of ETH blockchain because of its simplicity
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