Bitcoin Forum

Just as Satoshi’s vision wasn’t 1,000 bitcoin forks, the vision of ethereum founder Vitalik Buterin wasn’t to decentralize the parenting industry. This year, an avalanche of ridiculous ERC20 tokens have been issued that take vaporware to the next level. From bananas on the blockchain to smart contract-based tombstones, these are the most pointless cryptocurrency tokens ever issued.
ICO Alert is a goldmine of ridiculous token-based projects, and by “goldmine” read “excruciating well of despair”. There aren’t enough facepalms to include all of the inane and insane tokenized offerings to be found on its pages. To save you from plummeting down that rabbit hole never to return, we’ve done the dirty work for you and rounded up a small selection from Token Hell.
Read more https://news.bitcoin.com/the-most-pointless-cryptocurrency-tokens-ever-invented/

ERC20 Tokens are taking cryptocurrencies to next level of worthless. Some of this are only about getting money from other people to fulfil their "project". It's insane and nobody can do nothing to stop they. ERC tokens will continue to show up, again and again.

There are so many ERC20 tokens out there that it is hard to determine what projects are real and what is not. Some of the purpose stated in their whitepaper are just non-sense that you wouldn't think someone would invest on them but it turns out, they still raised something in their ICO. Some of those projects have no real purpose and just plainly say to those investors to give their money to them without expecting anything in return. These projects maybe would just be a pump and dump coin. Looking at etherdelta site, there are so many of them and their names are just no-brainer.

To say that a Banana Project can be worthless can be judgmental all because I find that project to be good...that is if those guys behind the project are really into the banana business and not just another monkey business. Judging a project by the name and not on the details may not be what we are looking for. I understand that the name can be ridiculous because we don't usually associate cryptocurrency with bananas but if the project is really into a real business then why not? The banana industry is a big multi-million industry and by using the blockchain technology it can certainly be improved a lot. I am not the lawyer or representative of that Banana ICO project, though.

Imigize a token (imigize.io) Why is this one of the most interesting crypto currency today.
Because it relies on a materialized business service for non-contact 3D fitting of clothes and shoes online. Now everyone can remotely try on and buy suitable shoes online. Revolutionary technology, which is embedded in it, can transform the whole sector of the global online market - the market of virtual sales of clothing and footwear. We are confident that with the help of the Imigize token, a transition of 80-90% of sales to the Internet will take place within 5-10 years.

This is what we call as business...when something is doing right and that something caught the fancy of the many and become successful you should be expecting others to be following the path by the pioneer. There will always be competition others thinking they can offer better and others just for the sake of making money nothing more nothing less...but worse are the people who are riding into the popularity of that something so they can scam people out of their hard-earned money. I would say that scam artists are now operating within the cryptocurrency market pretending to be the bringers of light when in fact they are the very personification of doom and gloom. Things are getting ridiculous indeed with many ICO nothing more but copy-cats and others could not even care less abut their grammar. In the end, the market will realize that not all glitters can be gold and there are golds that don't necessarily glitter. We have to be careful.