Even if we don't want to have it, the source is open and it's easy to create a token on popular chains, even newbies who do not know how to code can launch their own token with the help of freelancers.
We already have thousands of known and unknown tokens and there will be coming more because there is money to be made and each industry and concepts and influencers want to have one for their own community or industry, and we are in a decentralized space everyone is free to do what he wants to do with the open-source.
It's everyone for himself and it's your responsibility to yourself to check what tokens are worth supporting and investing in.
Topic: Is it good for crypto community having more Tokens & Coins as well - page 2. (Read 113 times)
April 30, 2022, 07:27:49 PM
Is there is more need of new coins and tokens because After one the there is another token or Coin based on same concept. How is it going to work in future for Sustainable Investments.
If you are putting limitation for the total tokens that can be issued and then this will not straight with the vision of blockchain to be the fully decentralized crypto. Remember that people are issuing the new tokens based on their own intention. This means if it's not all of tokens are always giving bad impact to the market. Remember that smartcontract concept and this time so many have the same concept that used smartcontract as the main thing to be developed but i can't deny when there was a new project coming and we would see a project dead. Considering the Coins and Tokens with a new concept but what with other copies. Example Meme tokens ( Shiba then Floki then Baby Shiba and Baby Floki and other folks).
As long as it was adding its unique feature and that's good but these days these copy cat tokens being used only for the pump and dump. I don't see any other reason to buy the copy cat token. People like to pump and dump token to make money. April 30, 2022, 07:22:41 PM
Considering the Coins and Tokens with a new concept but what with other copies. Example Meme tokens ( Shiba then Floki then Baby Shiba and Baby Floki and other folks).
Those copy tokens will eventually die, so don't bother yourself thinking about their future because they have no future in the first place.Anyone can create their own token, its easy nowadays but of course only the good one will stay in the market and only those with a real usage in the market will be placed on top. Whether its good or not, its beyond our control better to focus your energy on a good project instead.
April 30, 2022, 07:20:11 PM
Blockchain was a Revolution in the Data transparency and the Cryptocurrencies with the Generic Technology was the revolution to the free will and flow of money.
But After 2019 there are many Cryptocurrencies in term of Coins and Tokens. Is there is more need of new coins and tokens because After one the there is another token or Coin based on same concept. How is it going to work in future for Sustainable Investments.
Considering the Coins and Tokens with a new concept but what with other copies. Example Meme tokens ( Shiba then Floki then Baby Shiba and Baby Floki and other folks).
But After 2019 there are many Cryptocurrencies in term of Coins and Tokens. Is there is more need of new coins and tokens because After one the there is another token or Coin based on same concept. How is it going to work in future for Sustainable Investments.
Considering the Coins and Tokens with a new concept but what with other copies. Example Meme tokens ( Shiba then Floki then Baby Shiba and Baby Floki and other folks).
Jump to: