Topic: Why peoples launching more coins everyday ? (Read 701 times)
An interesting question from the beginning of 2018 and that is also a question of many people because of the ICO projects in 2018 was born a lot. The reason is that there are many, but mostly ICOs, designed to diversify the industry using blockchain technology in the future by calling equity crowdfunding through the ICOs project, just by earning money by launching their own ICOs project.
ICO are individuals who thought of thoughts and another approach to make utilization of the blockchain innovation and tackle the customary business issues. In this manner new coins are being made step by step and ICO is an approach to raise assets to make the undertaking conceivable, dependably research and concentrate on the ICO you will put resources into. Some ICO are tricks and doesn't take care of any issues they simply raise assets to help their on way of life.
So good fortunes when you're putting into an ICO dependably investigate legitimately and see the task's future.
So good fortunes when you're putting into an ICO dependably investigate legitimately and see the task's future.
Because some people want to make the crypto world better with the help of blockchain but most people want to earn on their tokens and therefore conduct ICO.
before starting a development for a own for your own, you want to find the technical about your field to join it because it very risk ro will make you lost all. Good luck with your project in the future.
Since these coins are actually the result of ICO project. And this suggests that ICO project crypto matured, more and more known. So keep popping out innovations in crypto. Which gave birth to a project, and finally appeared new coin.
to my mind it is possible in the case of people's wish to get more money even if they have a lot. variety of cryptocurrencies is also spreading the list of possible moves.
Because they want to create better coin than others, and other reason the team developer also want to make alot of money from their coin because usually they will hold around 5% to 20% of the total supply. Not all coins that just enter to the market is legit , and some of them also can be turn in to fraud, so always make research many times before put money in to new coin.
There are various motives for launching tokens, some could be to execute a project while others use tokens to perpetuate their dubious scheme, launching tokens, promoting, getting it listed and dumbing on the exchanges before abandoning the project. One needs to be careful before committing to a project because so many are scams.
In my opinion it is actual because people want to get more money than they have now. And I am not against about it because it helps cryptomarket's increasing.
The desire to make money or to move your business online, and in the truest sense of the word. Now this is one of the most promising areas, and if you do not join it, you can lose a huge piece of the market.
It would be nice if at least half of all submitted projects represented a really very good idea for the crypto-currency market. But more people create their ico companies just to make money.
Projects come up each and everyday. With different intentions, some developers genuinely come up with projects that seek to. Provide solutions to market problems and fill in some voids in the market. However there is this good for nothing group whose. Intentions is to scam investors off their valuable money, with projects promising the. Best. But end up going nowher
This is not surprising. The popularity of crypto currency is growing every day. Creating new coins, people are attracted by new opportunities for earning. Crypto currency is the technology of the future, that's why more coins appear on the crypto currency market, but unfortunately not all of them "survive".
The desire to make money or to move your business online, and in the truest sense of the word. Now this is one of the most promising areas, and if you do not join it, you can lose a huge piece of the market.
It would be nice if at least half of all submitted projects represented a really very good idea for the crypto-currency market. But more people create their ico companies just to make money. 
The desire to make money or to move your business online, and in the truest sense of the word. Now this is one of the most promising areas, and if you do not join it, you can lose a huge piece of the market.
It is like stock market when it comes to crypto market. If you release coin, you have to get the people's trust to your coin so that they will invest on your coin and if your coin become that popular projects will follow. And when projects used your coin by basing its platform to your coin then a lot of people will invest more on your coin. So if you look at it, it is really like buying stocks or releasing a certain thing to stock market and let people invest with it.
All due to the fact that everyone is trying to bite off at least some piece of this juicy cake. Also, the market is not filled with any projects at all and there are many areas that are not in demand at all, so why not take them?
Yes, as simple as anything; money. If you create a new coin, promise to solve a problem other coins have, put a solution on top of currently running coins and create a new coin like that people will see it as a new experiment and a new version, an improved version of the current coins.Nevertheless, most of the time that is not the purpose of creating a new coin, developers and business people create new coins because they are after your money, they want to spend a bit of coins to marketing and than use whatever they get from the token sales as a way of living instead of reinvesting it back into the coin, they consider that money as theirs and get your money and leave the project.
All due to the fact that everyone is trying to bite off at least some piece of this juicy cake. Also, the market is not filled with any projects at all and there are many areas that are not in demand at all, so why not take them?
Although we have a lot of scam project these days, I am really impressed to see more new ideas, you can see the development of blockchain more and more everyday. People needs to learn more about which is the best option for their investment. Like every businesses most of the blockchain project is come to life because of making profit. If people able to start to choose more quality projects we will see less scam project because project owners will realize they need to have a real life project to do their own business.
If you are eager about getting a profit if you launch your coin then you have involve the services of the bounty hunters who will help advertise your coin in exchange for some percentage of the coin.
They want to earn money by attraction investors in new project.
Some of them has purpose to change the world become more convinent and digital. But they are just few people.
Some of them has purpose to change the world become more convinent and digital. But they are just few people.
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