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Topic: why many ico launch with ETH ? - page 6. (Read 20299 times)

full member
Activity: 868
Merit: 103
*Indonesian Professional Translator and BM*
January 30, 2019, 01:23:12 AM
Many ICO launch payment gateway choice ETH. any other crypto coins why not use in ico payment gateway.

We know that crypto still not regulated by much country. Then why they use ETH? Because ETH are very scalable and have fast transaction with low fee (for now). So every project (almost) are using ERC20
member
Activity: 686
Merit: 11
January 30, 2019, 12:51:14 AM
I think this conclusion is kind of suffice enough. Have been watching this myself, asking why? Well, i have come to a conclusion that probably it's because Eth's network is simple to operate
legendary
Activity: 3108
Merit: 1290
Leading Crypto Sports Betting & Casino Platform
January 30, 2019, 12:45:48 AM
a lot of ico created from the ethereum platform because ethereum was also first created from fundraising or often called ICO,
Perhaps true but before it was BTC which is the most popular currency for ICO but when the ICO market get's bigger, most of them are accepting ETH since the project are also build in the ETH platform, hence it makes the market now surrounded with a lot of ETH tokens, most of them are scams.

sr. member
Activity: 1358
Merit: 259
PredX - AI-Powered Prediction Market
January 29, 2019, 10:47:41 PM
a lot of ico created from the ethereum platform because ethereum was also first created from fundraising or often called ICO, after ethereum could succeed in the ICO world and could be as expensive as this then ethereum offered to make a new ICO under the auspices of the ethereum platform, so now there are many ICOs created from the ethereum platform.
full member
Activity: 2128
Merit: 180
January 29, 2019, 04:58:23 PM
Because they want ethereum because they know the potential of the ether.  There is some ICO who are accepting some altcoins but majority is the ICO who are accepting ethereum but I think bitcoin also have a lot of ICO if they have ethereum payment they will have bitcoin payment too. Other ICO have more altcoins accepted for the payment for purchasing altcoins.
Indeed, and in ETH you can easily create the wallet. i don’t see much ICO’s that is base with different blockchain aside from ETH and many coins are already succeed with this one. But its sad to see that ETH is falling today that affect most of the ICO with their project, i hope for a fast recovery of the market.
jr. member
Activity: 319
Merit: 2
A nexgen decentralized ride hailing
January 29, 2019, 04:43:17 PM
It because etherum is well known and it has all it takes to hold them as Erc-20, another thing is that every project want what they Can easily trade to dollars after their ico and etherum is next on cmc and easily to get traded with other coins. I think that's the reason
jr. member
Activity: 169
Merit: 1
January 29, 2019, 03:27:06 PM
Many ICO launch payment gateway choice ETH.
countless!

Quote
any other crypto coins why not use in ico payment gateway.
if you mean as payment, then i don't know. maybe they want ETH tokens more than others. but there have been cases where they asked for bitcoin too.

if you mean as the platform to develop their crap and call it ICO then it is just because there are so many other ICOs that they can just copy. it is at a point where creating one is very easy. you don't need to do much work and also if you say "we are using ETH platform" it looks better compared to saying you use something else. because nobody cares about the project itself. everyone looks at the cover and judge the book by it Wink


Everyone looks at the cover indeed. Lol.. Sometimes I wonder if investors still take their time to study and make researches on ICO projects before staking their hard earned cash.
sr. member
Activity: 714
Merit: 253
January 29, 2019, 03:23:08 PM
Many launch a payment gateway through bitcoin and other cryptocurrencies. At the moment, ETH is an excellent platform for investment, so the developers make a choice in its favor. But after the abolition of the Constantinople update, I think we are waiting for big changes.
full member
Activity: 588
Merit: 100
January 29, 2019, 10:18:21 AM
I am sure that most people launch projects because the developers just learned how to do it very calmly. Therefore, it does not carry big problems. Therefore, it seems to me they are launching projects. Is this not logical?
jr. member
Activity: 210
Merit: 1
A nexgen decentralized ride hailing
January 29, 2019, 09:47:39 AM
Many ICO launch payment gateway choice ETH. any other crypto coins why not use in ico payment gateway.
I noticed that a lot of projects accept not only Ethereum, but eth is used for payment most often. I think this is due to the fact that his platform ERC-20 marked the beginning of the birth of ICO. I generally like projects that accept payment by Visa and MasterCard. It inspires confidence
copper member
Activity: 210
Merit: 1
January 29, 2019, 08:31:31 AM
It is the most famous and the most stable network. People are actively using Ethereum and its blockchain and moreover it does not cost much to write a smart contract rather than to develop your own blockchain network.
full member
Activity: 383
Merit: 100
January 27, 2019, 05:59:45 PM
I think that it's the easiest way to create your own token. Also you can modificate your contract. As for me, If I will make a token, I will choose Ethereum too because it's cheap to send hundreds transactions after crowdsale.
member
Activity: 322
Merit: 10
Proof-of-Stake Blockchain Network
January 27, 2019, 05:51:51 PM
Ethereum is the first coin with the technology of smart contracts, which allowed to create new coins in the Blockchain network of Ethereum.
This was the basis for the popularity of ETH.
Also, all market participants make investments in ETH, everyone has this coin, which is convenient for investing in projects created on the basis of Ethereum.
member
Activity: 434
Merit: 10
SESSIA
January 27, 2019, 04:37:43 PM
ethereum is a popular platform, futhermore it is more stable than other altcoins and liquidity is high. as for other altcoins, look at upcoming bittorrent ICO. Those guys accept tron as a method of payment
sr. member
Activity: 630
Merit: 250
Glad to see you
January 27, 2019, 04:33:55 PM
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.

And many people like using Ethereum in everything. I think that this coin should be monopolists in this segment of the cryptocurrency market.
full member
Activity: 1489
Merit: 150
January 27, 2019, 04:13:13 AM
I think because Ethereum is a perfect Coin and has a smart ERC20 contract that is very good to use, making it easier for everyone to make a wallet for free. So that all ICO projects utilize the technology created by Ethereum.
hero member
Activity: 1834
Merit: 523
January 27, 2019, 03:55:15 AM
Because they want ethereum because they know the potential of the ether.  There is some ICO who are accepting some altcoins but majority is the ICO who are accepting ethereum but I think bitcoin also have a lot of ICO if they have ethereum payment they will have bitcoin payment too. Other ICO have more altcoins accepted for the payment for purchasing altcoins.
copper member
Activity: 280
Merit: 0
January 27, 2019, 02:21:42 AM
#99
Because ETH is one of the most popular and easy to liquid coins. We can easily buy ETH in cash. In addition, most ICOs use ERC20 platform. So it is reasonable to use ETH
member
Activity: 483
Merit: 10
terra-credit.com
January 27, 2019, 01:38:38 AM
#98
Most of the ICO use ETH but some use bitcoin too. ICO use eth because its fee is less than bitcoin and it has smart contract available. Also most of the icos are built in ethereum initially, I mean create token on ethereum network.
actually not only ethereum and bitcoin. there are nem, stellar, and eos which are now starting to develop too. waves are also often used on the ico platform, but somehow many use ethereum. maybe because of the ease and speed of transactions, or the network which is easier than the other platforms.
sr. member
Activity: 1372
Merit: 322
January 27, 2019, 01:16:46 AM
#97
Most of the ICO use ETH but some use bitcoin too. ICO use eth because its fee is less than bitcoin and it has smart contract available. Also most of the icos are built in ethereum initially, I mean create token on ethereum network.
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