Why people try to create their own coins?

[Planetkin]

now, more and more often ico are trying to be like someone else, trying to make money on this

[ZahaRip]

now, more and more often ico are trying to be like someone else, trying to make money on this

The most unfortunate thing is that this is what they are trying to earn. And not on the development of the system and the promotion of the token or idea.

[Katya91a]

People try to run their own coins in order to earn money on it. Everyone is looking for a way to earn money on cryptocurrency.

[teeshe]

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

It's a scammy smart way to make quick money. However, there are a few coins in this space that are working towards having real world use cases. Identifying these coins in their early days could be good as they may prove to be profitable over time.

[Akkuratno]

in my opinion, they want to make money quickly but doing almost nothing .... it is easier for them to copy the project

[bitkolik]

people want to easily earn money. They want to quickly create a copy of the coin and get quick money. Often behind the beautiful wrapper of their project lies disorganization and incompetence.

[NORD YGGDRASIL]

And why not try, if now everyone can make their money and put their value in them. Such a possibility to create us gave us crypto-currencies and it can not be neglected.

[Sanderion]

people want to easily earn money. They want to quickly create a copy of the coin and get quick money. Often behind the beautiful wrapper of their project lies disorganization and incompetence.

Without a doubt, you are right! But do not treat all market participants equally! Still, there are projects with interesting ideas aimed at developing their technology. But there are very few, it's true. That is why participation in ICO is a very risky and profitable occupation. It's always difficult to find a good project out of a lot of bad ones.

[solarsun]

Everybody has a dream to make it big.  Seems natural to roll the dice and take your chances on a coin of your own creation.  It's also cool and interesting to attempt to make your own version of the latest technology.

[Nova666]

!!!! I read a lot of comments on this topic and not one did not write why he wrote here and what he wants with beatcoitalk, we are all here for somebody's money just for the sake of a small paycheck and somebody for the sake of punching on such as we are the goal of all one $$$

[vasilisc555]

People try most likely in this way to get money from the air. Do not forget that many projects that issue their coins are fraudulent.

[doycku]

People try most likely in this way to get money from the air. Do not forget that many projects that issue their coins are fraudulent.

this is a very fair comment, because there are very good projects, but they do not attract investors, because everyone is afraid of fraud. In some way, scammers still manage to attract investors' funds and this surprises me very much.

[Wylie330]

The coins they offer is like a share of stocks in a certain company. But it's different in terms of ownership. Their crypto coins will not give you the right of ownership on that company. But its nature is similar to shares of stocks. It is like they offer it in public so that people would invest in their company. Something like that.

[Drbriggs]

Money and greed are the major reason i know.

[psikolog]

There is no need to look for another reason here. Because people want to make easy money by cheating other people. I would like to hear if there is an objection.

[gioangelofelix]

The main thing is that they are eager to make money on this, but they do not know much about the key principles of crypto. Therefore, they decide to make their own coins, most of these undertakings do not lead to success, because of which they supplement the list of unsuccessful projects.

[heureca]

I think that everybody tries to earn something with crypto. So some people create coins trying to attract money. On the other hand it is problem because we have a lot of "bad" ICO projects

[SGToken]

I think because it will bring money, that's all) Everyone is eager to make money. I'm not talking about geniuses who do not strive to make a fortune, but want to change the world, such people get masterpieces such as bitcoin and ethereum!

[franklinrichards]

By creating their own coins, they will be able to get a much bigger allocation of benefits. However, of course, it is not easy. Because, the crypto community is smart enough by choosing a coin that has a good history and potential qualities for it can grow well and survive in the long run, to be a valuable coin in the future.

[xiboothrezi]

By creating their own coins, they will be able to get a much bigger allocation of benefits. However, of course, it is not easy. Because, the crypto community is smart enough by choosing a coin that has a good history and potential qualities for it can grow well and survive in the long run, to be a valuable coin in the future.

The popularity of cryptocurrency is the main reason. Consumers in the world of cryptocurrency show a pretty good growth, so it is used by a company and a particular institution to get profit.