Do you trust ERC20 tokens? - page 32.

pharaon

full member

Activity: 753

Merit: 100

Quote from: crypto_117 on May 02, 2018, 08:50:31 AM

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?

At the moment most projects create their tokens exactly on the ERC-20 platform, and it's silly to say that they are all scammers. It all depends on the particular project, we just need to be able to choose a worthy one.

0Shendy0

newbie

Activity: 28

Merit: 0

I disagree that all the tokens issued on ERC20 are scam. I found one good project - Cryptics, which does use ERC20. It doesn't look like scam. They have the MVP which used a lot of people for trading and the other proofs of their fairness

huycute10

newbie

Activity: 92

Merit: 0

It is the question of trust in teams, ideas and projects. ERC20 tokens are great things if developers use them in right way. I understand that Ethereum network is one of the best and nothing can change this.

VasiloviKola

newbie

Activity: 177

Merit: 0

I would like to share good article: https://icoguide.com/en/blog/what-is-erc20-and-how-does-it-affect-tokens

This will help you to understand all the benefits and pros of ERC20

trina

jr. member

Activity: 322

Merit: 1

" Blockchain meets social network "

I believe some ERC20 like PundiX, Docademic, and Tokenomy. because it is very potential for the future. and the upcoming ERC20 is Bidium. the whitepaper based bidium is great for their future plans, so I believe in the bidium.

Oceat

sr. member

Activity: 2506

Merit: 368

Quote from: crypto_117 on May 02, 2018, 08:50:31 AM

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?

Not every ERC20 tokens are scam, it is just the problem is on those people behind that so-called ICO projects which they really tell people to support it and buy this and that but at the end of the day. They tend to make believe to the people and the investors that they were going to make this and that projects that's why they needed some investors but they all have their own hidden agenda and will hit you at back without you knowing something.

coralwoods18

newbie

Activity: 59

Merit: 0

As long as the project is good and ICO is renowned then I will trust on ERC20 tokens.

Chazaki

full member

Activity: 181

Merit: 100

The All-in-One Cryptocurrency Exchange

I do not see the popularity of other tokens in the market and in General these are the only ones I bought. I think that this is the best option on the market

Brambam

newbie

Activity: 34

Merit: 0

Yes. Many of them have a serious team behind ERC20 token and there are very good ideas about future development.
I buy them and trade them, of course, I pick them wisely.

ask

legendary

Activity: 1386

Merit: 1004

I trust all ERC20 tokens but never buy all of them

i usually trade top100 tokens and coins so trusting is easy for me. I trust and buy on all top100 tokens and coins.

giancarlo01

jr. member

Activity: 140

Merit: 1

Of course I trust them
Some ERC20 have a huge capitalization and are currently solving reasonable problems we faced in our society today,they trying to bring crypto use down as a day to day activity, very impressing. for example;

EOS is a consensus blockchain operating system that provides databases, account permissions, scheduling, authentication, and internet-application communication to massively improve the efficiency of smart business development that uses parallelization to make possible blockchain scalability to millions of users and millions of transactions per second.

Tron is a blockchain-based protocol for a free content entertainment system, allowing each user to freely publish, store and own data, and in the decentralized autonomous form, decides the distribution, subscription and push of contents and enables content creators by releasing, circulating and dealing with digital assets, thus forming a decentralized content entertainment ecosystem.

and so on..

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Mihail.B

member

Activity: 392

Merit: 10

I certainly trust the token built on the ERC 20, as 94 of the top 100 blockchain projects run on top of the Ethereum network. Many projects are still far away to make the slightest competition.

John Emst

member

Activity: 168

Merit: 10

Personally, I trust the entire ERC20 system. I think that this is the future for the new world digital economy. Cool

diepvien98712

newbie

Activity: 111

Merit: 0

Believe. but I see statistics from the token I hold. not much price increase by using ethereum platform. almost all under ico. very poorly behind the many beliefs of people

asadovski

newbie

Activity: 202

Merit: 0

yes ofcourse. is is very reliable tokkens. most popular altcoins work with erc

Akselrod

full member

Activity: 434

Merit: 104

Quote from: crypto_117 on May 02, 2018, 08:50:31 AM

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?

It does not depend on that ERC20 this token or on some other blockchain. Everywhere the project can be a scam. It depends only on the project team and their professionalism.

e@symode

full member

Activity: 616

Merit: 100

If we talk about existing technologies, then ERC-20 is not bad enough, but if we talk in general, then of course there are so many projects that now look better than ERC-20, you just need to test and listen to people.

efeyigit39

newbie

Activity: 129

Merit: 0

The ERC20 digital currency platform is the most trusted coin for me. a lot of places are being used and accepted. can be further strengthened with new rules

JuliaJi

full member

Activity: 896

Merit: 103

last time I meet many scam projects, but not only, many revolution projects is developing and growing now

unpack

member

Activity: 292

Merit: 10

Yes, why not? I've already earned many ERC20 tokens by now and I've had no problem. Many tokens I sold into real money and many I keep and hold until their project will be done.

Topic: Do you trust ERC20 tokens? - page 32. (Read 4734 times)