Topic: Why people try to create their own coins? (Read 11262 times)
and I ask myself about it pretty often they do actually earn money with their project
Some people want to create something new and really revolutionary that will be convenient for everyone,but unfortunately in most cases, people pursue only one goal, namely personal enrichment.In uelom, this is normal.If there is a supply, then there will be a demand.
The primary concern is that they are anxious to bring in cash on this, however they don't think a lot about the critical standards of crypto. Accordingly, they choose to make their own coins, the vast majority of these endeavors don't prompt achievement, in light of which they supplement the rundown of shit coin project
developer works on extensive as the manage on crypto finance that they have with the plan to deliver product and service to reach of public audience that the token on release as they have identification gives on excess as the way to gains of attention from public audience and more on chance as trader to work with the crypto finance.
But many developer not responsibility right now how to make their coin keep exist on market, they try to fud investor only by giving good promise at the first, when success ICO and reach hard cap they run away and listing coin only on shit exchange market. Now have need proof from developer how their coin keep going on and never any drama for listing coin on bigger exchange market. 
developer works on extensive as the manage on crypto finance that they have with the plan to deliver product and service to reach of public audience that the token on release as they have identification gives on excess as the way to gains of attention from public audience and more on chance as trader to work with the crypto finance.
They wanna get much profit because so far always joining with other coin and try how to be developer for their self with their own create coin, but I am not really believe with any new coin without know how can trust the owner, always have chance to get scam with new coin because they made only to get investor and run away after coin sold on ICO or IEO.
Our reason to create a cryptocurrency was to finance our project. Our project is matching people to companies based on skills combined with cryptocurrency. That way we are creating a unique platform. For a startup like us its hard to come by finance. So creating our own coin and combining this was the natural thing to do for us.
cause it's fun specially if there are some game tokens
Why not? After all, it is very simple and easy.
I think it's a cool idea to turn your life into coins and pay with them.
I think it's a cool idea to turn your life into coins and pay with them.
I actually don't mind that there are so many coins.
After all, blockchain tech is decentralized and open source, so anyone can take it or fork it.
Having so many coins just goes to show that satoshi's vision works.
Of course, it is annoying and also bad for the market when a company just tries to make a quick buck by copying something else.
But these are typically short lived and lose steam very fast, especially as the market matures.
When crypto was in it's baby stages, there were actually a lot of techies who went and created their own coins.
This is where some of the best joke coins came from, stuff like nyancoin and doge.
But it also paved the way for people experimenting with more things like increased privacy and other features.
Now the market is different and fraudulent and empty projects it has no place.Competition is increasing.Will have the price of the product which in spite of its capitalization and overall market conditions will continue to evolve and improve, not matter what. After all, blockchain tech is decentralized and open source, so anyone can take it or fork it.
Having so many coins just goes to show that satoshi's vision works.
Of course, it is annoying and also bad for the market when a company just tries to make a quick buck by copying something else.
But these are typically short lived and lose steam very fast, especially as the market matures.
When crypto was in it's baby stages, there were actually a lot of techies who went and created their own coins.
This is where some of the best joke coins came from, stuff like nyancoin and doge.
But it also paved the way for people experimenting with more things like increased privacy and other features.
Obviously, creating coins can make money, and because using ERC-20 to create coins is very simple, and many fraudsters are using it now!
I actually don't mind that there are so many coins.
After all, blockchain tech is decentralized and open source, so anyone can take it or fork it.
Having so many coins just goes to show that satoshi's vision works.
Of course, it is annoying and also bad for the market when a company just tries to make a quick buck by copying something else.
But these are typically short lived and lose steam very fast, especially as the market matures.
When crypto was in it's baby stages, there were actually a lot of techies who went and created their own coins.
This is where some of the best joke coins came from, stuff like nyancoin and doge.
But it also paved the way for people experimenting with more things like increased privacy and other features.
After all, blockchain tech is decentralized and open source, so anyone can take it or fork it.
Having so many coins just goes to show that satoshi's vision works.
Of course, it is annoying and also bad for the market when a company just tries to make a quick buck by copying something else.
But these are typically short lived and lose steam very fast, especially as the market matures.
When crypto was in it's baby stages, there were actually a lot of techies who went and created their own coins.
This is where some of the best joke coins came from, stuff like nyancoin and doge.
But it also paved the way for people experimenting with more things like increased privacy and other features.
Maybe they want to create something new, so they create a new coin, of course it's a good idea to create their own coins which will be an opportunity to be able to get results in the future
There are so many coins, but many of them just a copy of anothers. Why they waste their time for nothing? 
Those people have their own perspective about their own token. And every token has a target or mission thats why investirs are choosing which ICO has the great mission and that has a big possibility to succeed. Creating a tokens is not a waste of time unless you create a really coin that has no target at all or any mission at all. My opinion same with you. Some token maybe have similiar project but maybe the developers creating a new feature and thats the reason the creating a new token. Developers must be have a target to reach before creating a token and i think its good because creating competition in market
There are so many coins, but many of them just a copy of anothers. Why they waste their time for nothing?
One reason is 'Money' most of us want to rich in different ways, maybe this is the idea of those people to become quick money income thats why they make thier own coin. 
Because relatively to do this does not require a lot of effort and surely they capture a couple of fools who do not realize that it is simply a plagiarism, if what they do is copy and paste then the next step is to take care of certain details, change the name of their tokens and be ready to go, you have a new shitcoin listed to defraud the unsuspecting in the market.
There are so many coins, but many of them just a copy of anothers. Why they waste their time for nothing?
People tend to create coins in order to make money and be famous, thats all they want, but others say that they wanna use their talents in coding and blockchain technology, there is nothing wrong in this moves, but it also creates opportunity for some people to make money and it can help the community, the bad side of this one is that it drives the emotion of a person to take the opportunity to scam and be greedy to money.
They spend their time and a lot of resources in order to collect money from people who do not see true projects and then after buying tokens people are left with nothing and the developers of tokens take real money
Many people have always sought for fame and recognition)) I think the creators of new coins, it seems that it is their coin that will win recognition from crypto enthusiasts and make its creator a millionaire)) most people are driven by ambitions and only a few create new, interesting contracts or coins just because that this experience is interesting to them
What projects are you talking about? You consider all the projects to be a fraud! Maybe, that's a pessimistic view, but only partially. Personally, I know many good projects which I trust!
In 2017, people started a lot of different ico to simply raise money, there was a lot of fraud when there was a HYIP and people invested money without even realizing where. Now only really powerful projects with a cool team are creating and collecting money.
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