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Topic: why many ico launch with ETH ? - page 4. (Read 20280 times)

member
Activity: 449
Merit: 10
swordking
February 03, 2019, 07:44:25 PM
ETH is a promising coin and it has high potential to in its growth. And that's why most of the project has come with ETH.
jr. member
Activity: 322
Merit: 2
February 03, 2019, 07:40:31 PM
Many ICO launch payment gateway choice ETH. any other crypto coins why not use in ico payment gateway.
I still don't know why everybody is rushing to use ETH. I would have love a situation whereby other platforms are tested such as Waves or NEO.
legendary
Activity: 2450
Merit: 1047
February 03, 2019, 07:37:47 PM
Many ICO launch payment gateway choice ETH. any other crypto coins why not use in ico payment gateway.

Because they are fast you can send Eth payment for only a cent and it will confirm within 20 minutes this is one of the cheapest and it's easy to create a wallet, no need to download the whole blockchain, all you need is a private key, very ideal for a payment gateway.
full member
Activity: 484
Merit: 100
February 03, 2019, 07:31:51 PM
Many ICO launch payment gateway choice ETH. any other crypto coins why not use in ico payment gateway.
Most ICO projects choose Ethereum's Blockchain platform to develop their tokens, so this is also a reason to accept ETH as a popular payment gateway. Special. Most people initially own ETH or BTC so accepting ETH is also an optimal choice.
jr. member
Activity: 784
Merit: 6
February 03, 2019, 07:27:53 PM
There are ICOs that still take other coins,but the most common is ETH.
I just tried to ask myself a personal question, in order tone able to answer this question and I said.
Why do I always like dealing with ETH rather than btc.
There are couple of reasons:
First, the transaction speed per second is a factor. You can easily transfer ETH about and still maintain the standard.
Then it seems to be easier to handle and the cost of transaction is low.
member
Activity: 364
Merit: 10
February 03, 2019, 04:48:16 PM
Because Ethereum is a leader in this field and so far project developers prefer It instead of other, although not less good platforms.
member
Activity: 616
Merit: 10
February 03, 2019, 03:33:23 PM
As of now, this the most trustable platform. Others may come and move forward but it will take ages before it happens.
trustable abs easy to make your own contract with your rules and emission.
full member
Activity: 532
Merit: 101
February 03, 2019, 03:12:45 PM
I guess ethereum platform is very easy to launch a project compare to other platform if that is what you mean,ethereum has made it easy for anyone to launch a project at any time.

That's not true, for example waves is much more easier than Ethereum and even cheap. The main point why most projects pick up Etheuem over the others is because of its popularity, reputation without forgetting there was a big hype that ethereum could end up superpass bitcoin in some point in future which is unlikely to happen now.
Ethereum has really gained great popularity, and it is more popular than the same Waves, but this is not casual, and I think this is well deserved. the only problem is that many projects accepted ETH when conducting an ICO, now some of them sell eth , which affects the price reduction.
member
Activity: 728
Merit: 10
February 03, 2019, 02:54:13 PM
because ethereum has the advantage of being a smart contract that makes ICOs interested in using this method. ethereum payments are also easy and fast, but it also takes a small transfer fee.
member
Activity: 840
Merit: 17
PG-PAY Gold Backed Token
February 03, 2019, 02:37:46 PM
As of now, this the most trustable platform. Others may come and move forward but it will take ages before it happens.
hero member
Activity: 812
Merit: 500
February 03, 2019, 02:36:35 PM
IMO, one main factor is because the smart contract feature in ETH make it easy to distribution ICO tokens to investors. There are a few coins offering smart contract features such as waves, tron and counterparty. However, I think most ICO is launched in ETH because there are a huge ETH user base.

They introduced the concept of smart contract first, from which the idea of creating ICOs. With ICO always profitable at the time, it attracted many people who made everyone want to create their own ETH wallet. I think so
jr. member
Activity: 266
Merit: 1
February 03, 2019, 02:35:33 PM
I guess ethereum platform is very easy to launch a project compare to other platform if that is what you mean,ethereum has made it easy for anyone to launch a project at any time.

That's not true, for example waves is much more easier than Ethereum and even cheap. The main point why most projects pick up Etheuem over the others is because of its popularity, reputation without forgetting there was a big hype that ethereum could end up superpass bitcoin in some point in future which is unlikely to happen now.
member
Activity: 238
Merit: 37
February 03, 2019, 02:35:11 PM
Ethereum as a platform has made things simple for developer to launch a project within the shortest period of time and I guess that is one of the reason why most ICO are launch in ETH.
newbie
Activity: 32
Merit: 0
February 03, 2019, 02:33:47 PM
Because Ethereum is the most promising coin for today and people have more confidence in it than in other altcoins. Well, also because why invent something else, if it works.
member
Activity: 490
Merit: 10
February 03, 2019, 02:32:29 PM
Not only with ETH,because BNB is increasing in price as well. BNB is a new payment method for ICOs , look at bittorrent.
Fetch ai is next one ICO with such approach.
member
Activity: 280
Merit: 11
February 03, 2019, 02:27:04 PM
I guess ethereum platform is very easy to launch a project compare to other platform if that is what you mean,ethereum has made it easy for anyone to launch a project at any time.
jr. member
Activity: 116
Merit: 1
February 03, 2019, 02:05:06 PM
I think ETH is a reasonable choice for investors. You can send and receive eth on a private network. It has high speed, low cost. Besides eth is very popular. To create token with ERC20 is really easy so eth will be interested by developers when launching
legendary
Activity: 2002
Merit: 1016
February 03, 2019, 01:54:44 PM
Many ICO launch payment gateway choice ETH. any other crypto coins why not use in ico payment gateway.

I think that a similar number of ICO projects collected funds in ETH and BTC. A bit less, but also a large number of them collected money in FIAT currency (USD, EUR).
I do not understand what you mean "ico payment gateway"?

I think that ETH was chosen more often due to the fact that projects on other platforms (for example Waves) unfortunately often ended in failures.
legendary
Activity: 2179
Merit: 1201
February 03, 2019, 01:50:26 PM
I think the popularity of ETH's smart platform is superior to any other platform. So since the beginning of the ICO, the projects only have the option of ETH, so the investors have most of the ETH wallet, which is why the projects choose ETH
full member
Activity: 1274
Merit: 100
February 03, 2019, 01:40:12 AM
In 2017 and 2018 mostly ICO offered through Ethereum blockchain platform but now maximum also deals in BTC and other top crypto currencies too.
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