Why people try to create their own coins?

[Usui-Kun]

One reason is they are making a platform and wants to have their own currency, like apps and appcoins. Some makes them to ease the difficulties of transactions from a specific platform. Most of all, some people just want to make money, because having a successful campaign will make you instantly rich.

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[Futurm]

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

Because of this advantage, you don't need to write your own code, just copy the code, and then change the name to cheat the money.

[Acguy]

Creating their own coin they have nothing to lose but a lot to gain from.

[awazieik]

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

I had the same thought too but when I watched a Youtube video about the future of money. I realized that history is just repeating itself. Think about how much fiat currency was introduced throughout centuries and you won't be surprised about what is going on in the crypto space

[UFO2018]

This is very easy to answer! For raising funding! Hope we can donate a legitimate project.

[cajuelan]

Like majority people said money is always behind this, some are too greedy to earn money instantly but some are legit and think good about their investors so be wise before investing new coins.

[imsotiredofmoviereboots]

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

Why waste of time? No one would do it if it's all for nothing. Making cryptocurrencies is now the most profiting project for developers and also scammers. We are talking millions of profit here and even just in their ICO, they can get so much money already.

[jam22]

They did not waste their time for creating a coin but it is just not for nothing.

[michellee]

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

Why waste of time? No one would do it if it's all for nothing. Making cryptocurrencies is now the most profiting project for developers and also scammers. We are talking millions of profit here and even just in their ICO, they can get so much money already.

I am sure that the dev wants to make contributions for cryptocurrency and they want to create something different than the other and I think the most reason is that they want to make money for a long run. they could get millions of dollar if their project success and they can make their investor happy because the investor could make a big profit. but now, I think it is only a few project that will be a good project for a long run and this is our job to select the best ico if we want to get involve and make a profit too.

[bitcoinbox]

Because most of the time, people want to make quick easy money. (90%+ ..?)
Others create their coin to learn and experiment the technology. (5% ..?)
A few of them create coins to finance a real serious project. (5% ..?)

[kakawin]

Of course people want to make money. But some projects are being made so that the developers will have the experience and skills for further development.

[ptolimeus]

This way you can quickly make money. People are very fond of making money doing nothing, so this way is so popular. 

[KwizatzHaderach]

It is to take a piece of the pie of the emerging market that is cryptocurrencies.
Total market is currently $800B, if you can even get just a speck of it. You will surely be a millionaire in your lifetime.

Some will just go for the profit, while others will be changing the worlld as we know it.
I'll bet my money on those who will change it.

[BossMacko]

I've joined a lot of airdrops and participated in some alt coin investments before most of them are scam so the reason why they keep on creating new coin is to get a lot of investment and support from the community then after the ICO they'll not do the roadmap that they laid out but instead they'll just leave the coin with the money they got from the people who invested.

[FiveReelsTwo]

People try to create their own coins mainly beacause of money. In creating this coins it also creates promsing opportunities in the crypto world. Secondly, they create their own coin to protect themselves from scams and any other illigitimate projects to save there mony and effort from going to waste. Thirdly, because they want to use a coin of which features they more prefer at the same time convinient to there transactions and which is in favor to their advantage.

[CandyKaneCoinz]

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

Some for financial and some for experimentation. Anything that gets people involved is good for the market. Today's crapcoin developer can be tomorrow's next big project.

[sethme]

Because this is the future, so most of the people try to create their own coin.
and this is can be profitable, and they want to be famous and have a reputation in cryptocurrency world.

[Sofiyah]

because they think, if they have coins, and the coins they have sold in the market, they will get a big profit. or maybe they have other goals like to donate or something else. I am also confused, what will be done for coin coins that do not sell in the market? removed or deleted?

[Chifako]

Cryptocurency market is still new. And I believe nearly every project can accumulate huge amount of $$$
I think that?s th reason.

[pergola]

People want to repeat another's success, for example bitcoin and etherium. They dream of getting rich quick. I think this is the main reason. Perhaps someone creates new coins for only fun.