Topic: Do people still create new ERC20 tokens/projects nowadays? - page 2. (Read 981 times)
Erc20 is the perfect tool for scammers, its very easy to use by any body even if they are not good at it, this is why i have projects running on erc20 smart contracts, almost all of them are shitcoins
I think there are still many who use this ERC20 token, of course bounty hunters still use it, because there are still unsold coins and some of them still keep them in ERC20, as well as me, I still keep some tokens and coins in ERC20. Also for the IEO project there are still some of those who request the ERC20 wallet as a valid wallet for the participant's wallet address if participating in the project.
New ICO projects with the ERC-20 token standard are still appearing and I think this is not so bad, despite the still high level of fraud among them. I associate the current dull state in this type of activity with the current state of the cryptocurrency market, rather than with other reasons. Of course, such a high level of fraud has significantly reduced the credibility of new ICO projects, but it is unlikely that they will disappear because of this. And states should soon begin to regulate it, so the ICO as a whole should get a new life.
- snip -
Almost all new projects still runs on erc20 smart contract but the problem is scammers use the smart contract the most nowadays, that is why many believe or called erc20 scam blockchainnot now mate . most new projects right now are have been made under eos and tron but eth projects were now slowly declining maybe because of the ico controversy and add in the state of eth and other cryptos such as altcoins that are also going down . sure many scamers are using erc20 coins like on ico for example but this does not mean that its the erc20's fault or the eth fault on why they got scammed and no one also blame those platforms but they only blame the project that scammed them .
Indeed, it is not their fault since smart contract is just being used as their core, but they somehow created a mistake since they don't secure their possible users once the token creation was done. They should take an action plan for this because it affects not only their platform but each and every one of us.
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
Greetings to the community,
Liviu
ERC 20 is not only for those who want to launch their ICO, but there are also private individuals and companies who create their token for their own use, they are not marketing the tokens they created because these are within their company circle or have a specific purpose, I don't see ERC 20 becoming useless.
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
Scammers can't do without creating tokens because its the most easiest way and very cheap as well, ERC20 is a victim to scammers because of its easiness and good target for ICO or IEO developers, do research on new projects you will see that 99% of them runs on erc20 Greetings to the community,
Liviu
- snip -
Almost all new projects still runs on erc20 smart contract but the problem is scammers use the smart contract the most nowadays, that is why many believe or called erc20 scam blockchainnot now mate . most new projects right now are have been made under eos and tron but eth projects were now slowly declining maybe because of the ico controversy and add in the state of eth and other cryptos such as altcoins that are also going down . sure many scamers are using erc20 coins like on ico for example but this does not mean that its the erc20's fault or the eth fault on why they got scammed and no one also blame those platforms but they only blame the project that scammed them .
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
Almost all new projects still runs on erc20 smart contract but the problem is scammers use the smart contract the most nowadays, that is why many believe or called erc20 scam blockchain Greetings to the community,
Liviu
Quite wrong question I guess. Much better do people used erc20 token on platform? Many people creating tokens using eth smart contract and sadly some of these people dont even used it for a use case application but a token that could be used on illegal scamming activity. Sound's bad but its the truth, they just using the word erc20 token to attract investors and do an exit scam.
Out of 100 project, maybe less than 10 are really sincere on deploying a usage for this kind of token.
Out of 100 project, maybe less than 10 are really sincere on deploying a usage for this kind of token.
no, I observed since last month until now, erc20 tokens or new projects have been quiet. and I think people are starting to stop making new tokens or projects, at least until the end of the year. they are also definitely waiting for next year and how the market will run in 2020. if the altcoin market returns and the graphics are always green, I am very sure that many new projects will emerge.
There are still new projects that use the erc 20 token standard, we can see it in the ANN forum thread and I think this token will always be used for developers who want to start their new project, before having to do the mainnet and have a blockchain of altcoin they have made.
It's no longer as much as it used to but people are still creating tokens. When you go through the bounty thread, you will see lots of new projects just coming up.
ERC20 and ethereum blockchain are still strong because of the inertia obviously. This large ecosystem can't just vanish in one moment, it's slowly melting on this hard red sun 
Actually ERC20 Token is quick strat of the crypto industry for the project that wants to join this industry and entring by crating their own ERC20 token and you can see the various project that was initially started with ERC20 tokens and after that, they converted to own blockchains like EOS, TRX, and some other big altcoins.
Everyday hundreds of coins are created. Why? Because it is so easy, it takes 10 minutes to create new coin. The problem is that you need also to attract investors who will buy your coin.
Think about the possible use case of ERC-20 token, there are not many ways how these tokens could be used, for platform payments? Come one, such tokens could be easily replaced by BTC or ETH.
Think about the possible use case of ERC-20 token, there are not many ways how these tokens could be used, for platform payments? Come one, such tokens could be easily replaced by BTC or ETH.
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
Obviously, ERC-20 tokens is always highest popular from others different tokens such as ERC-721, ERC-223 and ERC-777 but still 80% projects are developed by using ETH platform in the altcoins market. And it’s very useful tokens platform i think almost 90% coins are ERC-20 based which are listed in coinmarketcap. DEX exchanges is based on ETH platform that is another benefits for ERC-20 tokens users Greetings to the community,
Liviu
It is definitely one of the cheapest alternatives of creating a crypto currency. It costs several hundred dollars to create another ERC-20 token and thousands of dollars to create your own coin. But ERC-20 tokens are not taken seriously anymore.
Right, at this time the ERC-20 token is no longer taken seriously, because many people already know how to make it and it is very easy, and it is proven that there are still many new projects that use the ERC-20 platform for their tokens.no, I observed since last month until now, erc20 tokens or new projects have been quiet. and I think people are starting to stop making new tokens or projects, at least until the end of the year. they are also definitely waiting for next year and how the market will run in 2020. if the altcoin market returns and the graphics are always green, I am very sure that many new projects will emerge.
look again. most projects sold through ICO / IEO this year were developed through the ERC20 platform. in addition, the platform has become very common for the development of new projects. currently not so many new projects have been developed. however, if many new projects are re-developed, I am very sure that most of them use ERC20. 
It is definitely one of the cheapest alternatives of creating a crypto currency. It costs several hundred dollars to create another ERC-20 token and thousands of dollars to create your own coin. But ERC-20 tokens are not taken seriously anymore.
Right, at this time the ERC-20 token is no longer taken seriously, because many people already know how to make it and it is very easy, and it is proven that there are still many new projects that use the ERC-20 platform for their tokens.
Whether people still create ERC20 tokens? I believe yes that is a fact. Whether they are useful is another matter for discussion because many of the ones currently around are nothing more than shitcoins
erc-20 is still used by almost all exchanges to place their assets in hot wallets and wallet user accommodations. Even though it's bad in the ico season, the use of erc-20 is still very vital. But if next year and so on, many changes in trends that prove to be successful such as binance (bep2), it is not impossible that dominance will shift drastically, but it also does not look so easy.
Jump to: