As the world continues to experience more participation in Blockchain, there would still be lots of new projects and new coins being introduced and launched daily. Some experts have argued that there really isn't any need for more tokens or new coins as those which already existed are currently struggling to survive while so many don't survive at all.
The main issue is not the launch of new coins, the main issue is their inability to make it useful. Launching the coin and placing it on exchange is not enough. With just this, project owners would need to rely on price Speculations to value their coin. The coin needs to be into a real life usage and a constant online usage before it can confidently rank better in prices.
Example, Paycoinly recently launched a Grant of upto 5,000EUR per each successful application to launch an online business with us https://paycoinly.blog/2020/03/09/own-an-online-business-with-paycoinly-up-to-5000eur-grants/ In preparation for our custom coin which will be launched August, 2020. We are already building and accepting applications from users globally who would build a project which will be useful for Paycoinly and it's users globally.
Basically, we want to launch a 100 online and offline real business product/platform which will use Paycoinly as a Payment system, so this means users will have no choice than to goto the Paycoinly platfrom, fund their account and Pay with Paycoinly. It's already very easy to pay with Paycoinly, there are over 300 funding and withdrawal methods users can choose from which makes it possible for users globally to be able to pay with Paycoinly.
As we recently launched Paycoinly at https://paycoinly.com and we plan to launch the custom Coin (PACY) by August, this is a clear example of how new coins should be launched which is fully focusing on it's usage instead of just launching a Coin to be exchanged among users.
More details soon...
Topic: Why Many Coins/Token Aren't Useful | Complete Analysis (Read 137 times)
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