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Author Topic: Why people try to create their own coins?  (Read 10893 times)
Nshan0102
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August 26, 2018, 01:36:39 PM
 #1301

There are many reasons I think.
In my opinion first of all they want to make a lot of money by this way. Secondary It's very nice way to introduce your product in the crypto world. And at least it's  easy to get sponsors for your startup(Product) here by this way from all over the world.
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belcini
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August 26, 2018, 02:27:43 PM
 #1302

There are so many coins, but many of them just a copy of anothers. Why they waste their time for nothing? Grin

Among the main reasons for this situation - they just want to create their own currency, attract money and become rich. But I'm glad that there remain many who want to create a real and useful technology.

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HusmayaTa
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August 27, 2018, 09:02:09 AM
 #1303

For me, I figure they do that to misled individuals who are new in digital currency in light of the fact that regular there is individuals who enter's in altcoin without even comprehend the stream of the framework. So they do it to uncouth people who needs to put resources into their poop coins that at last will transformed into trick. Be that as it may, it's dependent upon you on the off chance that you are one of the non-educated about cryptos.
FernandaSorez
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August 27, 2018, 11:40:56 PM
 #1304

A lot of scammers are among those who make coins and they cheat people by selling them these similar coins and make a profitable offer.So that people not trade and not buy on not known resources or in chat rooms! You can always check the coin receiving information about it every coin has a contract address. But there may be differences in the name and you can already pay attention!!
sabine80
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August 28, 2018, 12:07:20 AM
 #1305

its all about money, money, money and yes, money. thats the main reason why there are so many new coins. many developers want to make as much money as possible and thats what they try to do through an altcoin.

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Neytiri
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August 28, 2018, 12:11:02 AM
 #1306

i think every one is trying to cope with this technology the blockchain technology. because simply this is the future and all people as you describe them are trying to have a benefit of it.

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August 28, 2018, 12:24:09 AM
 #1307

Probably, they hope to create their own economy within their project, and this can be understood. Many are hoping to raise their currency and get from this profit
Maxre
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August 28, 2018, 12:27:33 AM
 #1308

there are many reasons why they want to take the time to create a new project.
maybe one of them is to use current technology so that digital money can be known by many people.

jiandong
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August 28, 2018, 12:32:15 AM
 #1309

not infrequently many ICO projects end up scam because that is the main goal of the developer not the success of the project but the success of getting money from investors.
Because many people want to get a lot of money quickly, either in a good way or by deceiving people.
Amevalentine
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August 28, 2018, 12:34:20 AM
 #1310

Creating a personal coin is a great aspect of future tokenized economy, where you can employ a spesialist by buying his personal coins.
but in practice many people are misusing the coins they make. they only want their own personal benefits. without thinking about the aspect or reason why they made the coin
boolog
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August 28, 2018, 12:36:59 AM
 #1311

Some coins are created because the developers want to implement new ideas. Of course, many are only created to earn money, but not all.

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Ngewex Yuk
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August 28, 2018, 12:44:24 AM
 #1312

In my opinion this is because there is no regulation, as long as there is no limit to making coins then everyone will continue to make coins, this is what makes the number of coins now more than 1800 and will certainly make many coins die.

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CoinCowgirl
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August 28, 2018, 12:51:22 AM
 #1313

I think that a lot of people desperatly wanted to be a part of this cryptocurrency revolution. Don`t blame them....It is a great revolution, isn`t it?
Arkham Knight
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August 28, 2018, 01:31:37 AM
 #1314

There are so many coins, but many of them just a copy of anothers. Why they waste their time for nothing? Grin


I don't think they are wasting their time when their goal to make it in the first place is to collect money. I know that a lot of them are just a copycat or somewhat similar like the others but the devs don't care because they can always change the game just by doing an effective marketing.
SPdiginomads
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August 28, 2018, 01:37:04 AM
 #1315

There are so many coins, but many of them just a copy of anothers. Why they waste their time for nothing? Grin

Many are making an ehancement of the existing project and create its own uniqueness. Moreover others were creating for quick money and doing monkey business. So join at your own risks and study first.
4garret
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August 28, 2018, 02:49:00 AM
 #1316

There are so many coins, but many of them just a copy of anothers. Why they waste their time for nothing? Grin

the main reason is because of money. they will do anything for money and they will deceive others, the most important thing is they can get money. therefore there are so many scams right now, because people are only concerned about their own interests, and they deceive others.
wiak2
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August 28, 2018, 05:26:49 AM
 #1317

There are so many coins, but many of them just a copy of anothers. Why they waste their time for nothing? Grin
Probably the main reason is the desire to quickly make money. But this is a normal situation for society. The main thing is that there are still enthusiasts who create a real product to help society.
mobilezz
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August 28, 2018, 05:29:07 AM
 #1318

There are so many coins, but many of them just a copy of anothers. Why they waste their time for nothing? Grin
Many people want to make their preference even in clone coins. Simply unique ideas that will not be repeated practically do not remain, only utopian. Therefore, it turns out that like clones and forks in the market abound.

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August 28, 2018, 05:30:04 AM
 #1319

Im not that knowledgable on the said topic but i think the reason is that they want to promote and develop the introduced project to the public via their own newly made coin so that they can manage the transactions that have been made by the participants with ease
LinkinPrak
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August 28, 2018, 05:37:48 AM
 #1320

Many people created a lot of coins themselves because they wanted a very big advantages. They want to be developers who can get many investors so they can benefit from it. But unfortunately they are merely euphoria without being based on a clear plan and strategy in coin creation. Besides that they also duplicated the previous coin technology. Of course the coin that they created does not have innovation and uniqueness. Therefore many coins fail and do not get the trust of the people at all. Yangeah, that means they just waste their time and energy.

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