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Author Topic: why many ico launch with ETH ?  (Read 466 times)
ashu711
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September 17, 2017, 11:26:09 AM
 #1

Many ICO launch payment gateway choice ETH. any other crypto coins why not use in ico payment gateway.

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BitcoinHodler
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September 17, 2017, 11:33:05 AM
 #2

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














 

 

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September 17, 2017, 11:51:13 AM
 #3

Many ICO launch payment gateway choice ETH. any other crypto coins why not use in ico payment gateway.
Its probably best suited for it.
Nontheless, its mostly scams, be very carefull investing in "ICO"'s.
I understand Bitcoin 100%, i only invest in things i understand.

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September 17, 2017, 12:13:09 PM
 #4

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.
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September 17, 2017, 12:28:00 PM
 #5

Many ICO launch payment gateway choice ETH.
Because eth isn't like bitcoin that take a long time to be confirmed and even if the fee's small laso many of them using ethereum platform to create ethereum token as new coins.
any other crypto coins why not use in ico payment gateway.
Mostly because they didn't want to use it. The price isn't stable yet and the coins is still young is one of so many possibilities.

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September 17, 2017, 12:39:43 PM
 #6

Many ICO launch payment gateway choice ETH. any other crypto coins why not use in ico payment gateway.
Its probably best suited for it.
Nontheless, its mostly scams, be very carefull investing in "ICO"'s.
I understand Bitcoin 100%, i only invest in things i understand.

Yes, too many ICO's today because there's no regulation regarding it. This gives a chance for bad people to exploit it by offered fake ICO's, so be very careful. Why many ICO's use ETH? I guess it is caused by the fact that ETH itself is a pioner in ICO with its success story.

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September 17, 2017, 12:42:29 PM
 #7



Yes, too many ICO's today because there's no regulation regarding it. ..... I guess it is caused by the fact that ETH itself is a pioner in ICO with its success story.

I would guess both of the above.. But mostly because Ethereum makes things easier done and at the same time more secure.

Is the people launching them that makes it difficult and un-trusted.


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September 17, 2017, 12:47:09 PM
 #8

I think ethereum is more affordable than bitcoin and it is easily to count the minimum ethereum offering rather than in bitcoin. The minimum for almost ICOs is 0.01, imagine if bitcoin is used then it would take more decimal places to get minimum and I think there is an additional fee for it so it could be a hard time for small investors to invest using bitcoins so the ICO prefers ethereum.

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September 17, 2017, 12:48:29 PM
 #9

Many ICO launch payment gateway choice ETH. any other crypto coins why not use in ico payment gateway.

ETH is faster and that's why many ICO's are choosing ETH as the payment choice for their investors. There are some Waves and other preferred coin and majority chooses bitcoin and eth at the same time. We know that these two are on the top so people preferred to choose these coins for those people that wants to join their ICO and get some tokens.

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September 17, 2017, 12:53:36 PM
 #10

Many ICO launch payment gateway choice ETH. any other crypto coins why not use in ico payment gateway.
Its probably best suited for it.
Nontheless, its mostly scams, be very carefull investing in "ICO"'s.
I understand Bitcoin 100%, i only invest in things i understand.

Yes, too many ICO's today because there's no regulation regarding it. This gives a chance for bad people to exploit it by offered fake ICO's, so be very careful. Why many ICO's use ETH? I guess it is caused by the fact that ETH itself is a pioner in ICO with its success story.
ethereum wrote in history as pioneer of successful ICO, not only that reason. because ethereum has better features if we seeing in several side of aspects.
commonly ICO 's scam don't give details proyek, don't give road map or etc. their whitepaper is also have bad descriptions project.

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September 17, 2017, 12:54:36 PM
 #11

beside of those nonsense answer above. many ICO launch with ETH because they could simply create smart contract, deploy it, and it's ready to use. Unlike with bitcoin, ETH have the capability to enable someone to create blockchain asset called token. the ICO started will not going to make their own blockchain from the start, it's definitely effortless to create a token and after that, what they need to do is making fundraising.


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September 17, 2017, 12:57:18 PM
 #12

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.

That is right, the smart contact from the EHT can make ICO more easy, though there are some crowd situation, so you can see that when the ICO market is hot, the price of ETH is high.


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Similificator
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September 17, 2017, 03:12:32 PM
 #13

Many ICO launch payment gateway choice ETH. any other crypto coins why not use in ico payment gateway.



Yes that is true. A lot of ICOs really do use eth. Although there are some that use btc and waves, the majority are eth users. Mostly because the blockchain system of eth is faster. Plus some just go and copy and avoid hard work. which makes it easier for developers to produce another ICO. Which then the greedy people take advantage. Really sucks if you ask me, but there's just no stoping it because there are no regulations prohibiting such.

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Eugene_Debs_Hartke
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September 17, 2017, 03:18:16 PM
 #14

Many ICO launch payment gateway choice ETH. any other crypto coins why not use in ico payment gateway.

Because it's easy. It takes like 5 min to create a new token. What are they gonna do, actually develop something that has utility and value? Ha! Cheesy
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September 17, 2017, 03:24:14 PM
 #15

Many ICO launch payment gateway choice ETH. any other crypto coins why not use in ico payment gateway.

It is the easiest and most trusted. With erc-20 tokens it is simple to send and receive new kinds of coins that are built on the platform instantaneously using the smart contract.
Samarkand
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September 17, 2017, 03:30:25 PM
 #16

Many ICO launch payment gateway choice ETH. any other crypto coins why not use in ico payment gateway.

It is the easiest and most trusted. With erc-20 tokens it is simple to send and receive new kinds of coins that are built on the platform instantaneously using the smart contract.

I´d argue that it is easier to set up an asset on OMNI than on ETH as a complete newbie. The documentation is better and
you have the advantage of the time-tested Bitcoin technology, which is far superior in terms of security than the
flawed Ethereum. The reason why so many ICOs launch with ETH is probably the huge amount of dumb money
in the ETH space. Most long-term BTC holders have seen far too many scams in order to fall for one of the
many vaporware ICO scams.


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T 
Better. Quick.

Transparent.






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Quidat
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September 17, 2017, 03:34:44 PM
 #17

Many ICO launch payment gateway choice ETH. any other crypto coins why not use in ico payment gateway.



Yes that is true. A lot of ICOs really do use eth. Although there are some that use btc and waves, the majority are eth users. Mostly because the blockchain system of eth is faster. Plus some just go and copy and avoid hard work. which makes it easier for developers to produce another ICO. Which then the greedy people take advantage. Really sucks if you ask me, but there's just no stoping it because there are no regulations prohibiting such.
This is why we do see ICOs are popping out everynow and then and most of them do make use of ETH-platform and being said its really easy to create a new token compared on other platforms.
If you do try to look on those coins as of now the numbers of eth-based tokens is really more than on those Waves or any other coins.
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September 17, 2017, 04:19:02 PM
 #18

Etherium is the best coin for ICO! That's why.
Anyway there is also Waves. It is very easy to open new coin, just few clicks.
And also there is Chinese Neo - people call it Chinese etherium. But now in China some problems so don't know if it rise up.

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September 17, 2017, 05:13:39 PM
 #19

First ETH can handle many transaction than many coin. Second they support for ICO platform. Third they have huge fan same as bitcoin

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September 17, 2017, 05:31:47 PM
 #20

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.

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