Why people try to create their own coins?

[StGermain]

Oh, it has been very profitable the cycle of fork it, pump it, dump it, rinse and repeat. Once the coin has lost any credibility, create another. Business as usual.

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[rbauer85]

Because if they create their own money they can be rich. They want to create their own digital money to be rich soon. They want to make more money by creating their own money. Many people are making money on ICO projects. It should be an arrangement for the ICO sector.

[Lucifers]

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

Because they want to benefit from making their own coins. Thus a lot of coin coins are not clear and just want to get the benefits solely from the investors who invest in it.

[laravuemaster]

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

People wants to have a business that is related to cryptocurrency and ico's is the answer, people who are pursuing a cryptocurrency business can actually become very rich if they will create a very good platform.

[KocaEfe]

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

I agree with you that there are a lot of garbage coins that are slag in the market. As it seems to me, the creators just want to make money, and therefore create coin analogues.

[bizzargin]

Because cryptocurrencies have become very popular recently. Well, it is obvious that this way to make good money

[Milla Kross]

I think each of us wants to become a developer of a steep coin. It is natural. We all develop, we learn more and more. And of course, there is no side to it. I want to try something new. What will bring tremendous success and even greater reward for it.

[Bexomol]

There is just a couple of measure of coins which extremely worth cash and have innovation base. The greater part of poop coins are trick, originators are making solid advertising ,pump cost and after that offer everything. Or on the other hand they can control with cost and make vision of the fruitful undertaking.

[Bellex]

why is ICO so popular, then the answer is simple: fewer papers, less responsibility, more opportunities, cheaper money. Simply - this should be properly used. But this is already being understood by few. I think creation of several similar projects not a huge problem in growing popularity of crypto world. Just look at fiat world, there are millions of similar companies

[EricJones]

It's all  greed and selfishness. Instead of them to invest in a coin with potential and wait for it to grow so they get their earnings, they go for a quicker route and more selfish route, where they copy a coin and make a shitty coin out of it. At the end of the day, it turns out to be a scam coin and only the creators of the coins and maybe managers get something out of it.

[Sumejwe]

I think since it will bring cash, that is all) Everyone is anxious to profit. I'm not discussing prodigies who don't endeavor to make a fortune, however need to change the world, such individuals get showstoppers, for example, bitcoin and ethereum!

[Ionzar]

The main goal of most projects is to earn money. Some people are disappointed in the investments in the existing ICO today, so they decided to create their own tokens for making money.

[Carina.P]

Because many of them are fake projects. They just want to get the money, rather than really want to develop the project.

[ribolovandrey]

Perhaps people want to earn more than they have now .

[Katfilka]

Exactly there are people who are now creating their own coins. I think it because they also want to have a unique one and wants that coin be popular. Aside from that, I think they also wants to have an easy way of accessing to their project and easy way of giving awards who participated to their projects.

[traktornut]

now a lot of scammers who take advantage of the situation and try to get rich at our expense.

[Oliver2]

Most people do a lot of things for profit. The cost of issuing encryption is very low, so many people want to issue encryption to swindle investors out of BTC.

[DemonHunter83]

now a lot of scammers who take advantage of the situation and try to get rich at our expense.

Scammers it is clear, they are everywhere. But personally, I would like to create a coin, leaving a mark in history. And maybe by doing something useful for technology or people.

[freshbcash]

Likely to obtain the asset and make money out of it. In fact, the cryptocurrency, provided its popularity, can make a good state for its creators.

[jan.nicolas]

Maybe because they see the problems they want to solve? But I do not think that this is the main reason why all the same people are trying to create their projects, I think the whole problem is in the money