Topic: Do you trust ERC20 tokens? - page 33. (Read 4734 times)
Why not? A very large amount of tokens have ERC20 standard nowadays, some of them have a great capitalization.
Well ERC20 tokens are being used by 80% of the project already listed on markets because of its simple standards on ethereum ecosystem. You can trust ERC20 token if they have any real usecase and Innovation behind with strong team. If you don't find either of this it's better to be away from ERC tokens, coz it's takes only 100$ to create standard ERC20 token.
I'm not sure about what you're implying here. A project being a scam or not has little to do with if it's built on Ethereum's ERC20 token. There are plenty of strong projects using ERC20 tokens, and there are scam projects built on multiple platforms. Do you mean to ask if the ease of creating your own ERC20 currency makes it simpler to scam people?
If your project solve any problem with erc20 then that project must use tokens. But if your tokens is nothing in your business processes then you shouldn't use it. Before buy tokens keep in mind what they are in a system. 
I'm not sure I have understand what you are talking about...But my token WSPU2 is in a Unique system...
If your project solve any problem with erc20 then that project must use tokens. But if your tokens is nothing in your business processes then you shouldn't use it. Before buy tokens keep in mind what they are in a system.
The success and reliability of ICO is not determined by the fact that it is based on the ERC20. Now most ICOs start with erc20 tokens, and then develop the product and switch to their tokens.
If you analyze you examine that individual general public who gibber any inanimate object they enjoy not understood enjoy redtrusted.
Whether it's erc20 doesn't make much difference, just an easy network for ICOs to use.
What is your best judgement to determine that those erc20 coins are scams. Before doing investment make sure that you are aware on what is going on and what you are going to do with your capital for investment. You are aware with the risk. Most of the tokens is not scam, if you have review their whitepaper, those tokens have a specific task and its functions while some of it is just a worthless coins. Its your job and nothing else to find a good tokens for your good investment.
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 this is a classic mix between technology and people using that technology. the technology is innocent of the criminal acts of others. I personally think that the token ERC20 is a great idea.
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
for that we all need a mature thought first, Not all token scam before buying Notice the project is true ada.dan more details we check the contract that we will buy
Understand that people are not perfect as well, and our designs are not perfect, there is always the possibility of hacking something, but the fact is that there are people with white caps and black, always possible hacking, but the main thing is that there are people and an opportunity to improve the project.
I trust some bit not all, trusting all ERC20 tokens is not possible because not all of them can give your expectations, so not trusting all of them is just a proper way of making yourself safe from any possibility that can disappoint you.
I have always believed that the projects are well-developed. Dev team, enthusiasm, transparency! maybe it's token or altcoin! Present! The price of Bitcoin and altcoin are down, but I always believe the market will grow up in next times!
Created on the platform markers ERC 20 is not fraud, do not forget that there are projects that have promoted simply unsuccessful projects!
I have seen ERC20 tokens are shit total nonsense with not value for it. There are developers who buy ERC20 smart contract address and name it without no purpose at the same time i have seen many that have good prospects.
Doesn't really make any difference what type of token it is as to whether you should trust it or not. There's a lot of scams on ETH as it's easier to make an ERC20 token but that's not ETHs fault. Do plenty of research and 99% of the time you'll be fine.
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
Yes I do trust ERC20 token and I believe them
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