What platform most meme and "shitcoins" are made on?

HashFace

full member

Activity: 406

Merit: 114

According to this, there are 17,400+ ERC20 token contracts, and only 49 of them have a market cap above $3.5 million. That's a lot of shit coins.

https://etherscan.io/tokens

Quote

But ERC-20 tokens are not automatically listed anywhere either. How come?

There are a couple of exchanges, like EtherDelta, where a dev can easily list their coins. I don't think it's automatic, but the dev just has to upload the contract, or some such thing. All the new ERC20 airdrops end up there.

cryptokangaroo

jr. member

Activity: 168

Merit: 3

Thank you for reply,
They say ERC-20 tokens are easiest to buy and sell, whereas developed coins are harder to get listed on exchanges.
But ERC-20 tokens are not automatically listed anywhere either. How come?

howard.ashoul

full member

Activity: 140

Merit: 101

ETH (ERC20) is easiest to set up and has the most users.

So most ICOs are on ETH and also most scams are there.

DosManos

full member

Activity: 224

Merit: 100

the most known platform is the platform that runs the most shitcoins
ETH..
all this trends of eCOIN and ethereum COLOR

cryptokangaroo

jr. member

Activity: 168

Merit: 3

Thank you for reply,
it raises one more question though- Are meme coins essentially scams? Doge coin, for example..
While some coins have utility, like Pepe Cash built a wallet of rarified meme commodity thus deeming their token
useful, most of meme coins tend to be just for the fun factor as some kind of currency with a vague presentational story.
Can we call them out on being all scams?

Besides, you said "not only is it easy to issue a token, but really easy to buy and sell. Other coins have to hustle to get on an exchange."
As far as I know, ERC-20 tokens are not automatically listed anywhere either.

illiki23

sr. member

Activity: 602

Merit: 295

Hail Eris!

Quote from: cryptokangaroo on November 26, 2017, 06:54:44 PM

Are they developed mostly on their own, with wallets, pre-mine,proof of work or Pos, etc. OR based on ethereum erc20 standard,Waves and Counterparty?
What is the rational choice for a meme coin? that is cheaper to launch and easier to list on exchanges.

I am pretty sure erc20 tokens are the predominate choice of scammers.

Not only is it easy to issue a token, but really easy to buy and sell. Other coins have to hustle to get on an exchange. Original coins and forks of coins need to go through additional steps.

I don't see much Counterparty tokens out in the open. Maybe people are creating them within the counterparty community but they rarely make it to BCT Anns. Waves seems to be increasing but still no where near as popular as Ethereum.

I could write an ANN crawling script which could tally different platforms mentioned but I don't think that is necessary because it is obvious.

cryptokangaroo

jr. member

Activity: 168

Merit: 3

Are they developed mostly on their own, with wallets, pre-mine,proof of work or Pos, etc. OR based on ethereum erc20 standard,Waves and Counterparty?
What is the rational choice for a meme coin? that is cheaper to launch and easier to list on exchanges.

Topic: What platform most meme and "shitcoins" are made on? (Read 221 times)