Topic: ETH only for ICOs? - page 2. (Read 242 times)
Actually I like both because ETH and BTC are two tools that I think are so many advantages that ICO accepts both.
The main goal for ETH was fuel for smartcontracts. That's why it should be fuel. But BTC is currency. By smartcontract on the ETH platform I can see any transactions linked with my Tx. But for BTC it's not the same. My choice is definitive
i do not really know what's real purposse from ETH founder when they created ETH but indeed rather than other altcoin probably ETH is good altcoin for ICO purppose and currently plenty of ICO based on ETH technology available and admitted or not ICO projects has been sucessfully to made ETH more popular even some of people more prefer to invest at ETH than bitcoin because they're tempting to get more profit to became an ICO investors
All I know is that not only is the ETH for ICO and Bitcoin also one of the most accepted currencies in ICO. But it all depends on the projects that do the ICO. Some receive cryptocurrency like waves, ripples, and others. The more common regular ones are Ethereum and bitcoin.
I think the ICO puts more pressure on Ethereum, because those without ETH will buy it to participate in the ICO, and when it is time to sell they will trade Token through Ethereum (generally exchanging earn x5 x10 so that, ..)
Depending on the project, it is indicated in which currency they will collect money. As can be seen from most projects, the most demanded is ETH. Projects are created and tokens are released only on the ethereum platform.
I believe that this is a marketing move in that they accept all the coins, many investors simply do not keep in bitcoin and not in the etherium and in other top coins and these new projects lure investors that they are taking a good kind!
Venture out from different kinds of projects and you will see their investment methods, most of the ICO that I've encountered so far have the option to invest via fiat it all matters is the direction to deposit, not just ETH and BTC but some famous coins from the top 10 are accepted that would also depend on the ICO itself but that is not the choice alone.
all of the above. Because I am concern about know to make profit, so i am dependent on how real is the project than being concern about the payment system.
There are new ICO's coming which are doing their sales on NEO, QTUM etc. However, ethereum will always have the first movers advantage and hence I do not think that any other smart contract platform will see the kind of increase in value as much as ethereum. Other coin to keep an eye imo is tezos.
Eth is not only suitable for ico, but also for transfer and preservation. Eth also has high computational support and relatively high cost valuation.
yeah, almost all ICO converting to ETH because ICO uses ETH network but indeed if listing on the market exchange can be converting to another coin as long as their can supporting.
ICO's accepting ETH only are more transparent as we can see the smart contract code behind it.
but ICO's accepting BTC and maybe more types of coins, gives more flexibility to investors to choose their favourite coins.
What do you prefer?
I don't think it would be fair to accept only ethereum for the ico's as it would create artificial demand for eth.Maybe it is good for whales who hold.large amount of eths.
I am trying to aggregate as many coins and tokens that I can only handle, because when the prices will go up I would have the more profit the more coins I hold...
eth is mostly used for ICO that uses eth platform with smart contract. but it is also possible that many ICOs accept investors using bitcoin to support the project. so both eth and btc can be used to invest in any ICO project
I would prefer both eth and btc for ico's investment . People are more aware about these coins and also these are stable coins compare to others .
If I have to choose, I prefer ICOs that use XLM or waves as smart contracts. Because I see both have tremendous potential if more projects use them. But, because ETH already exists before and already used by many projects so maybe many projects also follow to use ETH.
now there are so many use eth for ICO because eth network with smart contact is very convenient,it can set every parameter for ICO,you can refund when ICO reach hardcaps,i think with ETH network it is very great for ICO
Platform of choice is the main reason for using ETH to raise funds.
Jump to: