ETH only for ICOs? - page 3. | Bitcointalksearch.org

raldix00

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Quote from: orico on June 23, 2018, 12:44:21 PM

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? Huh

will why eth always choose in ico it because thier many issue in investing ico uaing bitcoin for some reason low transaction speed. the fund will not immediately arrive and if you use eth thw fund that you invest will immediately arrive on the ico and the ico will easly send you the token because of your last transaction

Tone147

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At present, many people only use ETH as a speculative tool, then only as the way of ICO.
This is not true, however, because ETH has many USES.

JungleBadman

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I can see the benefits of using ETH only but tbh, the more options for people to invest is better. Alot of people hold lesser Altcoins these days and anything that makes investing in an ICO easier will make it easier to reach the hard cap.

Casdinyard

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Quote from: haidangtp on June 25, 2018, 03:14:52 AM

Quote from: $Darkloard$ on June 23, 2018, 03:09:13 PM

Since most ICO projects are based on the Ethereum platform, investors should have the ETH crypto currency to buy and use tokens. ICO selects the ETH crypto currency, because by its peculiarities it easily generates tokens using a smart contract.

This is the correct opinion. I think Ethereum is the best choice for ICO. And this also makes its value independent of BTC.

The fact that bitcoin and eth are the two strongest currency so far so if I were the founder of course I'll choose the one that can grow drastically and in return I can have a good profit. Besides I can see more successful ICOs that's based on ethereum platform and can do beyond things.

BTCLovingDude

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BTC to the moon is inevitable...

it has nothing to do with your preference! it is all about the design of the system.

unfortunately because of the false advertisement that Ethereum had in the past years people don't even know what it is!!!
Ethereum is a platform which is designed to be used for smart contracts. one of the usage of smart contracts is in ICOs. this platform has a token called ETH which is used to make these smart contracts/ICOs, if you use another coin instead of that token you are not using that platform properly!

it would be like putting something else in your car instead of gas. it may still run but that would be wrong!

Morphing

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In my opinion, it is much more convenient when there are several methods of payment, and not just some ETH.

haidangtp

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Quote from: $Darkloard$ on June 23, 2018, 03:09:13 PM

Since most ICO projects are based on the Ethereum platform, investors should have the ETH crypto currency to buy and use tokens. ICO selects the ETH crypto currency, because by its peculiarities it easily generates tokens using a smart contract.

This is the correct opinion. I think Ethereum is the best choice for ICO. And this also makes its value independent of BTC.

ivanleon

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Purely from convenience, it is better when you can invest with different coins and even Fiat funds. Just a conversion.

Triss Merigold

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Quote from: orico on June 23, 2018, 12:44:21 PM

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? Huh

I only have ETH so I do not care what other coins the ICO takes in which I participate. It does not make any sense what coins the project accepts for the subsequent realization of its idea.

mastersay

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It depends on the user on which coin will he/she uses to invest to. As for me, it is more convenient to use ethereum when I make a purchase in the ico since using ethereum is much more easier thank using bitcoin. And in terms of transaction speed, ethereum is way more faster for the funds to confirm. But there are other instances that you use neo to make a purchase, especially when an ICO only hosted an neo blockchain ico. So you use neo to invest to the ico.

Crown1

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I think it is better to use ETH based on ERC20.
The existence of intelligent contract makes the whole process of participation more transparent.

Endikadija

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Quote from: orico on June 23, 2018, 12:44:21 PM

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? Huh

ETH is not only for icos, you can try to use it to play on the existing dapps platform, remember there are hundreds companies are joining in EEA right now and the latest news about there are some countries will try to build their system through ethereum platform. there is a lot of icos accepted various payment. i think that you need to read more about that. it seems like you are missing a lot of news about that.

firaituaku

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most ICO projects are indeed based on the ethereum platform so investors should have crypto ETH currency to buy and use tokens. ETH basically easily generates tokens using smart contracts. although ETH is the most dominant market in the ICO platform, but the selection of coins depends on the project undertaken by ICO. back again, there is always a reason why choosing a particular coin to buy tokens during ICO. because both ETH and BTC have their respective advantages and disadvantages. slim depending on how your policy to decide will choose ETH or BTC.

tsaroz

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Quote from: orico on June 23, 2018, 12:44:21 PM

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? Huh

Not every ETH accepting ICOs have smart contract. There are few ICOs that provide a smart contract that mostly in the case of not reaching the softcap, returns the funds to its investors. And some other smart contract controls the withdraw of fund by the project in periodical way. That to say, smart contract do increase the creditability of the project but doesn't insure it.
Multiple coin ICOs are easier for most but is totally depended on the ethics of the team.

ifanxu

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I like ETH because most ICO coins are based on the Ethereum platform.

asepsetiawan1990

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in my opinion, with a choice between ETH and BTC. more allow other people or investors in follow ICO because both provide convenience in transaction.

CryptoBry

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I prefer an ICO which can accept both and I think most are doing it...accepting even other cryptocurrencies so to spread the opportunity to accept as many participants as possible. Having Eth as the mode of payment will not guarantee for anything as far as the project is concerned but can be a big convenience for anyone who got their funds in Eth. Though Eth is capturing the most market in the ICO platform there are now many other good alternatives which should be explored by any team behind any project. We should actually express gratitude for Ethereum in coming up with smart contracts which paved the way for the current ICO marketplace and I even feel that Bitcoin should be having its own smart contracts too.

passivebesiege

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Quote from: orico on June 24, 2018, 06:41:54 AM

Quote from: febrian1705 on June 24, 2018, 06:30:33 AM

see current development of ETH more in trust by most ICO than other coin ..
current market conditions are more favorable to have ETH coin than other coins

But would accepting ETH plus other coins an advantage? or would you prefer just ETH, so you could see the smart contracts as well?

The smart contracts of ethereum are it necessary by almost ICO's now.
We know that ethereum is always the great choices for the ICO.

orico

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Quote from: febrian1705 on June 24, 2018, 06:30:33 AM

see current development of ETH more in trust by most ICO than other coin ..
current market conditions are more favorable to have ETH coin than other coins

But would accepting ETH plus other coins an advantage? or would you prefer just ETH, so you could see the smart contracts as well?

febrian1705

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see current development of ETH more in trust by most ICO than other coin ..
current market conditions are more favorable to have ETH coin than other coins

Topic: ETH only for ICOs? - page 3. (Read 242 times)