Why people try to create their own coins?

[snaper14]

I thought the same thing but you won`t believe how many copycats were able to raise money from icos and became millionaires, I guess the aim is obvious to scam people and become rich.

[mirgo1791]

to gives with customs as unique on identification as returns with works of production to put on disposition as gaining of lodge with good value on appropriation,
as collecting spares on excess as managing tasks on extras as delivering message of reference with the expends of concrete on works with the arrange of assessment with the manage of projects on finance.

[hmmkay]

Because it is the easiest way for start up the project and find investors now.

[Vaedmild]

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

well i can not say theybare wasting thier rime for nothing, it is their own time, maybe they feel p,easure wholee doing it, why not?

[Vaedmild]

Because it is the easiest way for start up the project and find investors now.

peope who invented hitcoin and ethereum were also once people who started to male their own projext, so i like ambitious people

[Vaedmild]

I thought the same thing but you won`t believe how many copycats were able to raise money from icos and became millionaires, I guess the aim is obvious to scam people and become rich.

peopel are looking dor something theg want to do, anx crazting tjeir own coins is jot the worst action on the world

[Ini35]

The reason i see behind this is that so many of them are in search quick  means to make money. They bring up their own tokens through smart contract, in order to get some profits and at the end abandon the project, while those stil holding such token suffer the loss.

[stripykitteh]

The reason i see behind this is that so many of them are in search quick  means to make money. They bring up their own tokens through smart contract, in order to get some profits and at the end abandon the project, while those stil holding such token suffer the loss.

People should stop building coins because they don't know what it is that they're doing. If they did then there would be a lot of volume and new top ranked coins.

[Palisills]

Most of them try to make some money. It's pretty obvious, i think.

[bitcointodayand]

I think the only reason is that they want to earn more money, because it's no secret to anyone that the developers of the project earn the most. That's why there are so many weak projects that can not collect investments or deceive their investors!

[Kisahazumaki87]

allowing him to want his coins more and what he wants to achieve and what he wants to be answered

[Ngewex Yuk]

Everyone is free to create their crypto, this is what makes today available more than 1500 coins, with the number of coins then the competition becomes tight and of course make everyone do everything possible to make their coins accepted publicly.

[Jenapza]

they try to make a duplicate of a coin symbol
later they will sell peer to peer to other users at a cheaper price
this is a very bad fraud technique

[rickyNmorty]

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

These people think they will gain more profits when they create their own coins through ICO than invest on an actual established cryptocurrency like bitcoin. They think that offering coins to others through ICOs are the best way to earn money on this industry when in fact the only thing they do is make the industry over saturated. No wonder a lot of cryptocurrencies that are released as of now can't even get past 100$ in value.

[Red_Evil]

Everyone is free to create their crypto, this is what makes today available more than 1500 coins, with the number of coins then the competition becomes tight and of course make everyone do everything possible to make their coins accepted publicly.

it is true that today there are many coins on the market, but only a few will last long, most coins are only good at the beginning only and will end tragically. most coin in the market today is a token from ICOs

[richcorner100]

Many coin and token that created is premine , so that mean the developer will get big profit when the price of that coin going up. To created coins is easy for developer but to make the community strong is more hard. The team developer is always in profit although the price of the coin is down because they does not buy it.

[Milado22]

I think they create their own coins cause of money, they create project and used coins of their project so they can earn more, if the investor used their coin. Some of them legit but others scam so be careful to buy new coins.

[sedahan13]

Because many of them want to try to solve some problem in crypto community, many new coin that created now want to solve scalability issue of BTC and ETH, but offcource not all them will success. They will successlfully or not depend on the professional and solid of team founder and also inovation of the technology.

[rinkujaglan]

Now there are many coin coming to the market in which some for to earn money purpose and other relates to scam. The ICO making a new project day per day but they do not include new things, they just copy the same whitepaper or roadmap. We should go through to invest with serious team and valid ICO.

[Roksodhon]

Like majority people said money is always behind this. That's why we see a large number of coins and tokens in the crypto market. But there are some really good and promising projects. They try to make this world easier and the blockchain helps them in this.