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Topic: why many ico launch with ETH ? - page 10. (Read 20280 times)

full member
Activity: 588
Merit: 104
December 11, 2018, 06:34:03 PM
#36
Ethereum platform is the most trusted platform as it is corruption free.
It can easily be used for fundraising by using smart contracts.
Another reason is that Apps connected to ETH almost never go down and cannot be shut down
copper member
Activity: 294
Merit: 1
December 11, 2018, 05:02:36 PM
#35
I think this is equally responsible for the huge fall of eth as most of these tokens are sold off in eth as it provides the most exchange pairs for most tokens especially in decentralized exchanges. Have seen a lot of ICO's recently launching their own blockchain platforms and no more with the etherium and I think such will be better than those developed within the etherium platform that usually experience huge dimp
sr. member
Activity: 498
Merit: 251
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December 11, 2018, 04:00:56 PM
#34
Many ICO launch payment gateway choice ETH. any other crypto coins why not use in ico payment gateway.
That's because both must be mutually beneficial. I mean, there are many ICO who use smart contracts and Etherum blockchain as their foundation. So as a thank you, most of them only accept ETH as a payment. Not only that, this way can also make the ICO project faster known, because Etherum is one of the best and most popular altcoins.
full member
Activity: 476
Merit: 100
December 11, 2018, 03:12:38 PM
#33
because of the ease and flexibility of the platform offered by ethereum to facilitate the development of new networks, many people abuse it, ethereum must overcome this problem with innovation
copper member
Activity: 38
Merit: 0
December 11, 2018, 03:11:11 PM
#32
Many ICO launch payment gateway choice ETH. any other crypto coins why not use in ico payment gateway.
Because of ethereum's feature called smart contract. The other ico project just make a smart contract address to be adaptive by their coin. And in fact, ethereum blockchain is the most userfriendly blockchain that ICO startups wanna start.
copper member
Activity: 84
Merit: 0
December 11, 2018, 03:04:28 PM
#31
Many ICO launch payment gateway choice ETH. any other crypto coins why not use in ico payment gateway.
It's because it is easier to just use a blockchain that proved itself instead of creating a new blockchain, and more importantly most ICOs nowadays are in this because of money so why they trouble themselves with creating a new blockchain anyway?
legendary
Activity: 2100
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December 09, 2018, 12:03:10 AM
#30
How can you not used as platform that is very easy to use? Also, their transaction fee is much lower except the nano payment but eth platform is build for token mechanism. Unlike nano that is fast on payment transaction. Many projects are imitating what eth did and probably deviced a new or additional feature but everyone take eth as reference. Now that Vitalik has something on his sleeve probably many will try to dig in on that tech again.
member
Activity: 344
Merit: 10
December 09, 2018, 03:23:14 AM
#30
Many projects are recommended for the technology of the Ethereum platform. Ethereum is a public infrastructure chain. Everyone can create coins on its base chain. This is an open source coin. But now due to the abuse of ICO, Ethereum has depreciated significantly.
copper member
Activity: 140
Merit: 1
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December 08, 2018, 11:43:38 PM
#29
Most of the ico has use ethereum as their mode of payment because ethereum transaction fees are low compared to other coins. And ethereum coin is much user friendly and easy to access compared to the other coins and tokens.
legendary
Activity: 2800
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December 08, 2018, 12:18:40 PM
#28
perhaps it's easier to create a smart contract in ETH platform
It is! Or these ICOs would not choose Ethereum platform to launch their ICOs. There are a lot of people who works as solidity programming. Hiring one of them is much easier to start an ICO.
copper member
Activity: 210
Merit: 1
December 08, 2018, 12:13:00 PM
#27
Many ICO launch payment gateway choice ETH. any other crypto coins why not use in ico payment gateway.

Ethereum is the first blockchain network with the possibility of creating sidechains and smart contracts. The main reason why they are using it is because the platform is the most popular and the most easy to implement.
legendary
Activity: 1190
Merit: 1000
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September 17, 2017, 02:03:56 PM
#26
perhaps it's easier to create a smart contract in ETH platform
I think that the process is much faster than people actually claim it to be. If there was an Altcoin that doesn’t feature any of the Ethereum smart contract, another coin smart contract then that coin is likely to do really well. That’s only for stating a scenario that happened right now, there was many coins that didn’t have an ICO and didn’t launch with an Altcoin smart contract back then though they had a nice ideas on how to build things –they didn’t do what they stated that they were going to do so they failed.

It should be much cheaper to outsource as well, so that could be one of the reasons why people choose it.
full member
Activity: 376
Merit: 103
September 17, 2017, 01:57:34 PM
#25
You should learn more about smart contract and its utilities however ethereum platform give simple use in order to create a new token with proper characteristics. Waves and counterparty offer the same services.
legendary
Activity: 1092
Merit: 1001
September 17, 2017, 01:54:04 PM
#24
That is probably because there are too many ico's based on ethereum technology, and maybe they want to raise ethereum to have a better conversion rate, i dont know, i have never invested into a ico because i have never feel attracted to invest into one.
But maybe it would be better if they would accept bitcoin as a payment proccessor, or maybe other altcoins like litecoin, dash, etc.
full member
Activity: 294
Merit: 100
September 17, 2017, 01:50:28 PM
#23
perhaps it's easier to create a smart contract in ETH platform
sr. member
Activity: 644
Merit: 263
September 17, 2017, 01:45:34 PM
#22
Because it's easy to regulate the ICO tokens with ethereum smart contracts. Most of the tokens are ERC20 standard which is defined under ethereum class. These tokens are therefore supported by ethereum blockchain and can be transmitted, tracked and used easily over it. These smart contracts makes the project to be easily regulated or operated and that is why they go for it. It would be difficult if you do the same with bitcoin. There are no possible smart contracts with bitcoin blockchain as it is not made that way. May be that's the legal reason why they use ethereum.
hero member
Activity: 2744
Merit: 541
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September 17, 2017, 01:41:46 PM
#21
First ETH can handle many transaction than many coin. Second they support for ICO platform. Third they have huge fan same as bitcoin
with their ready to use platform integration is much easier so I guess that's the reason behind, developers of new coin will easily create coins
which is ready being use inside smart contracts so they don't need to create another separated wallet for their projects.
member
Activity: 208
Merit: 84
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September 17, 2017, 01:31:47 PM
#20
There are some ICOs that uses waves. But ethereum’s flexible, extensible blockchain system makes it relatively easy for developers to build and launch their own DApps, DAOs and crypto-assets.

My concern with ETH token ICOs is the added degree of centralization that relying on the ETH infrastructure/governance entails.  Consensus decisions could be made outside of your control that have an impact on the viability of your token.  I'd rather see a ETH fork, honestly, than something built directly on the ETH IX.  At least them you control decision making fully regarding your token.

I do recognize that it's more complicated to do that, though.
member
Activity: 97
Merit: 10
September 17, 2017, 01:13:39 PM
#19
First ETH can handle many transaction than many coin. Second they support for ICO platform. Third they have huge fan same as bitcoin
full member
Activity: 630
Merit: 100
September 17, 2017, 12:19:02 PM
#18
Etherium is the best coin for ICO! That's why.
Anyway there is also Waves. It is very easy to open new coin, just few clicks.
And also there is Chinese Neo - people call it Chinese etherium. But now in China some problems so don't know if it rise up.
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