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Author Topic: why many ico launch with ETH ?  (Read 20293 times)
carlisle1
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September 17, 2017, 05:41:46 PM
 #21

First ETH can handle many transaction than many coin. Second they support for ICO platform. Third they have huge fan same as bitcoin
with their ready to use platform integration is much easier so I guess that's the reason behind, developers of new coin will easily create coins
which is ready being use inside smart contracts so they don't need to create another separated wallet for their projects.
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September 17, 2017, 05:45:34 PM
 #22

Because it's easy to regulate the ICO tokens with ethereum smart contracts. Most of the tokens are ERC20 standard which is defined under ethereum class. These tokens are therefore supported by ethereum blockchain and can be transmitted, tracked and used easily over it. These smart contracts makes the project to be easily regulated or operated and that is why they go for it. It would be difficult if you do the same with bitcoin. There are no possible smart contracts with bitcoin blockchain as it is not made that way. May be that's the legal reason why they use ethereum.
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September 17, 2017, 05:50:28 PM
 #23

perhaps it's easier to create a smart contract in ETH platform
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September 17, 2017, 05:54:04 PM
 #24

That is probably because there are too many ico's based on ethereum technology, and maybe they want to raise ethereum to have a better conversion rate, i dont know, i have never invested into a ico because i have never feel attracted to invest into one.
But maybe it would be better if they would accept bitcoin as a payment proccessor, or maybe other altcoins like litecoin, dash, etc.
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September 17, 2017, 05:57:34 PM
 #25

You should learn more about smart contract and its utilities however ethereum platform give simple use in order to create a new token with proper characteristics. Waves and counterparty offer the same services.
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September 17, 2017, 06:03:56 PM
 #26

perhaps it's easier to create a smart contract in ETH platform
I think that the process is much faster than people actually claim it to be. If there was an Altcoin that doesn’t feature any of the Ethereum smart contract, another coin smart contract then that coin is likely to do really well. That’s only for stating a scenario that happened right now, there was many coins that didn’t have an ICO and didn’t launch with an Altcoin smart contract back then though they had a nice ideas on how to build things –they didn’t do what they stated that they were going to do so they failed.

It should be much cheaper to outsource as well, so that could be one of the reasons why people choose it.


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langaw2018
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December 08, 2018, 04:13:00 PM
 #27

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

Ethereum is the first blockchain network with the possibility of creating sidechains and smart contracts. The main reason why they are using it is because the platform is the most popular and the most easy to implement.
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December 08, 2018, 04:18:40 PM
 #28

perhaps it's easier to create a smart contract in ETH platform
It is! Or these ICOs would not choose Ethereum platform to launch their ICOs. There are a lot of people who works as solidity programming. Hiring one of them is much easier to start an ICO.

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December 09, 2018, 03:43:38 AM
 #29

Most of the ico has use ethereum as their mode of payment because ethereum transaction fees are low compared to other coins. And ethereum coin is much user friendly and easy to access compared to the other coins and tokens.

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December 09, 2018, 07:23:14 AM
 #30

Many projects are recommended for the technology of the Ethereum platform. Ethereum is a public infrastructure chain. Everyone can create coins on its base chain. This is an open source coin. But now due to the abuse of ICO, Ethereum has depreciated significantly.

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December 11, 2018, 07:04:28 PM
 #31

Many ICO launch payment gateway choice ETH. any other crypto coins why not use in ico payment gateway.
It's because it is easier to just use a blockchain that proved itself instead of creating a new blockchain, and more importantly most ICOs nowadays are in this because of money so why they trouble themselves with creating a new blockchain anyway?
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December 11, 2018, 07:11:11 PM
 #32

Many ICO launch payment gateway choice ETH. any other crypto coins why not use in ico payment gateway.
Because of ethereum's feature called smart contract. The other ico project just make a smart contract address to be adaptive by their coin. And in fact, ethereum blockchain is the most userfriendly blockchain that ICO startups wanna start.
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December 11, 2018, 07:12:38 PM
 #33

because of the ease and flexibility of the platform offered by ethereum to facilitate the development of new networks, many people abuse it, ethereum must overcome this problem with innovation

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December 11, 2018, 08:00:56 PM
 #34

Many ICO launch payment gateway choice ETH. any other crypto coins why not use in ico payment gateway.
That's because both must be mutually beneficial. I mean, there are many ICO who use smart contracts and Etherum blockchain as their foundation. So as a thank you, most of them only accept ETH as a payment. Not only that, this way can also make the ICO project faster known, because Etherum is one of the best and most popular altcoins.

 
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December 11, 2018, 09:02:36 PM
 #35

I think this is equally responsible for the huge fall of eth as most of these tokens are sold off in eth as it provides the most exchange pairs for most tokens especially in decentralized exchanges. Have seen a lot of ICO's recently launching their own blockchain platforms and no more with the etherium and I think such will be better than those developed within the etherium platform that usually experience huge dimp

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December 11, 2018, 10:34:03 PM
 #36

Ethereum platform is the most trusted platform as it is corruption free.
It can easily be used for fundraising by using smart contracts.
Another reason is that Apps connected to ETH almost never go down and cannot be shut down
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December 12, 2018, 09:02:19 AM
 #37

You don't know much about Ethereum. Ethereum is the basic blockchain. It is a platform. The simple understanding is that it is seawater and the ICO project is just preparing to build a ship on the sea, so Ethereum has been widely used.

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December 12, 2018, 10:56:12 AM
 #38

Well, mainly the reason they choose Etherium is because of the smart contracts they offer.. This is pretty essential for new coins, as you probably know..

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December 12, 2018, 10:57:06 AM
 #39

ethereum is a good cryptocurrency andni feel it has become a classic alove in this world so i do not have any doubt about its projects

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December 12, 2018, 10:58:13 AM
 #40

and why not as i consider ethereum as one of the most stable cryptocurrency and it has already shown what it can do and bring here

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