Topic: Do you trust ERC20 tokens? - page 15. (Read 4714 times)
It is totally depend on the erc20 token project that is power full or not and that will be get benefit in the future for the investor and user. But all the erc20 token are not value able and don't market value for trade in the market. They are just come for the small level trading.
Last year in early december I bought eBitcoin token which turned out to be a scam. Luckily for me I sold them before the ePRX snapshot but alot others have made losses. I really believed this token would be a succes but I've realized that alot of these ERC20 tokens have the same things in common. The devs (or better said scammers) create alot of hype and pretend their token to be the real deal while they never intended to create a working product. I've thought about investing in tokens like Credits and Elixir but I'm afraid they are all the same kind of scam.
Do you trust them?
Do you trust them?
I think ico will not change, except now it's more difficult to find projects that will make tokens successful when released on the market. And we know that currently more erc20 is used, because maybe it is the best choice to make it easier for tokens to be registered. So maybe not a token type problem, but we do have to be able to analyze a project that is offered.
If you want to participate in a prject and supports ERC-20, if you really wa be rewarded or you dont have a choice. wheather s scam or not because thats what they chose. It is convinient becsuse more coins you can store into a certain wallet. i think its not convinient to open each coins at each wallet at each site.
There is no wrong with ERC20 tokens because ,this tokens are been used in the exchange sites after the bounty programme,the tokens are ERC20 which are used by the ICO, accepted in trading sites for ethereum counterpart.
Last year in early december I bought eBitcoin token which turned out to be a scam. Luckily for me I sold them before the ePRX snapshot but alot others have made losses. I really believed this token would be a succes but I've realized that alot of these ERC20 tokens have the same things in common. The devs (or better said scammers) create alot of hype and pretend their token to be the real deal while they never intended to create a working product. I've thought about investing in tokens like Credits and Elixir but I'm afraid they are all the same kind of scam.
Do you trust them?
Do you trust them?
I think ico will not change, except now it's more difficult to find projects that will make tokens successful when released on the market. And we know that currently more erc20 is used, because maybe it is the best choice to make it easier for tokens to be registered. So maybe not a token type problem, but we do have to be able to analyze a project that is offered.
Last year in early december I bought eBitcoin token which turned out to be a scam. Luckily for me I sold them before the ePRX snapshot but alot others have made losses. I really believed this token would be a succes but I've realized that alot of these ERC20 tokens have the same things in common. The devs (or better said scammers) create alot of hype and pretend their token to be the real deal while they never intended to create a working product. I've thought about investing in tokens like Credits and Elixir but I'm afraid they are all the same kind of scam.
Do you trust them?
Do you trust them?
Of course there is a big risk in all projects, and we will never be able to generalize them. Crypto will always be attached to our own risk, and there will never be any guarantee. So why don't we educate ourselves, while scammers work hard to innovate.
Last year in early december I bought eBitcoin token which turned out to be a scam. Luckily for me I sold them before the ePRX snapshot but alot others have made losses. I really believed this token would be a succes but I've realized that alot of these ERC20 tokens have the same things in common. The devs (or better said scammers) create alot of hype and pretend their token to be the real deal while they never intended to create a working product. I've thought about investing in tokens like Credits and Elixir but I'm afraid they are all the same kind of scam.
Do you trust them?
Of course I did send 75% of all alternative cryptocurrency tokens are based upon erc20 blockchain of ethereum, it would be strange decision not to believe those, that most of ICO are blooming on. Do you trust them?
Many ERC20 token ICO are almost scams and I don't trust unless there is a own blockchain in testing phase and the ETC20 tokens will be swapped to native coins in future.Anybody with some knowledge of creating smart contract can create ERC20 tokens within 30 mins .So I will hesitate to buy any ERC20 tokens
I think you mentioned wrong! All ERC20 Coins are not scam. Ibtc was an Airdrop coin, so, Most of the airdrop coin doesn't have any product value. Everyone shouldn't hold airdrop coins for a long time. ERC20 is the biggest platform, so you can't ignore this platform for a very few scam coins. Scam is not ERC20 fault, it is the fault of the scammers, bad peoples are everywhere.
it is not important if the token uses erc20 token standard. ethereum blockchain is very good developped so no need to be scared about it. the important thing is project and the team not the token standard.
Yes , i trust. But I don't trust all erc20 token. I trust those token which is active more then 1 year. I think those token future are great and I invest those some token.
ERC20 is the common name for tokens created on the basis of ETH. So the ERC20 will have credible tokens and scam tokens. Creating an ERC20 card is easy, so a lot of scam ICOs are created.You don't need to suspect the ERC20. You should suspect the token generated on it
I am doing bounty campaigns but didn't recieve any ERC20 tokens. If everything goes well , then there is no reason that i should not trust ERC20 tokens. Hope for the best!!
Yes but we have to be careful becsuse there are lot of token that have nothing to offer out there now... a lot of fake erc20 token
ers20 is the most popular kind of protocol for tokens, but I understand that there is a lot of scam among them. It seems to me that the only way to avoid getting on the scam is to study the project carefully.
My trust on this erc20 tokend is based on my own personal opinion. If the token is good i will going to trust it and if its not like some tokens which was created by anonymous teams etc. I will not waste my time to believe, that is more possible to be a scam.
You can creat new ERC20 token within some minutes, They creat ERC20 token to ICO and distribution to investor before mainnet lauch. You should ask if you should believe in projects instead of trust ERC20 token.
I will trust ERC20 tokens. because tt's eth based coins. Eth is best coin in the crypto market.
Many people equate the ERC20 token with scam. This is wrong. The ERC20 token is used by many scams because of its simple manufacturing process. But this is not the fault of ERC20. You should blame the scammers behind it.
There are many good and successful ERC20 tokens, most of the ICOs in the past are mostly ERC20 tokens. At present, ICOs have fallen down and need to be weighed in more seriously.
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