Why people try to create their own coins?

[Btcallans]

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

Well I think they just really want to established their own coin for business. This could exactly give them enough income that could be their foundation for thier product.

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[hoavantathan]

Because they have ideas. Some projects have the real purposes. They affect in real life. They make the world better when they build their blockchain.

[OmarGsPools]

The crypto market has become a free idea market, the projects that are in the crawling stage today will be a company in future. There is a proper environment for everyone to extract their own cryptos.

[Coin-1]

People create their own coins or tokens in order to increase the capitalization of their project. Therefore the teams conduct an Initial Coin Offering campaign. If the project reach the soft cap, the funds they received will be used for development and making their product or technology. Some of ICOs are scam, so the investors need to read the white paper, look at the reliable team and observe the business of the project first.

[psycox]

Most likely they have thoughts that they will develop by creating tokens. because of the development of ico that allows people to be able to create tokens and can use their vision to create new concepts

[Cryptodiscuss]

There are successful copies of other coins, and even significantly upgraded. Blockchain is good but slow for changes, so if you want to upgrade coin fast, just make a new coin!

[lalunalaguna]

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

Making altcoin for their organizations is extremely another pattern and might be individuals making their own digital money as through along these lines they can promote their organization in more better way. Individuals make their own particular cryptographic money to run a task with, they have their own guide, how to take a shot at the venture and the amount it will be gainful to other individuals and financial specialists.

[Shreek]

they do not make coins, but they try to make their own money
such a useless job, should be prevented,
an example is the expensive cost for people who want to release a new token
so that the work is not too disturbing cryptocurrency community that is trying to move forward

[wakeofgod]

All those ICO people are create this days is because of there greedy ,they care about the future of the ico, they only care about the profit

[coinporch]

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

money, its all about money
people think when they create their own coins, they will get a huge money by doing ICO for example
they don't think about economics support, ideology etc,,
and they just waste their time for that

[J Gambler]

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

money, its all about money
people think when they create their own coins, they will get a huge money by doing ICO for example
they don't think about economics support, ideology etc,,
and they just waste their time for that

Obviously, they create their owm coins because they want to earn money. They do their coins and advertising it so that it will become popular but most of them have been failing in doing that strategy to earn money because those coins were far away from those coins which are already existing.

[XFlowZion]

Because just like in business, they want to get rich and also get recognized with their ideas and harwork. But most of these people are really after the money and either they scam you or abandon and leave the project in the safest way possible to evade cases.

[Legwist]

I think it is not strange if there are hundreds of coins coming in at the same time. Many want to create their coin just for fun fooling newbies. And there other reasons they really want to work on their project and also help people.

[jayendo]

Recently, the crypto market has become increasingly popular. Many see the prospect of making money thanks to this popularity, so they release their own tokens.

[idioma1]

People just want to earn money and think they will succeed by copying another work.

[residivis]

probably because they want to make a popularity on their tokens that they launch themselves either on ico or something else. so that the results they will get is greater than never imagined. I do not think it requires a big capital if we make it ourselves.

[Cordann]

Today, many projects have achieved serious and successful results. Therefore it is quite natural for many to create their projects for financial success.

[cryptobae10]

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

They are not actually trying to waste their time
They are looking to make more eth/btc and leave people in ruins
They are looking to Abadon the project about investors send eth/btc to the

Be careful

[Gdweru7]

ICOs have become an extremely profitable business and that is why people create coins. Sad as it is, majority of ICOs today are built for the sole purpose of taking people's money with the promise of providing a revolutionary service innovation. Most of the time tho, these ICOs fall short and end up never delivering anything.

[Semsang1990]

For the same reason, people copy and blogs (unsuccessfully), and goods, and brands. There is no fantasy, but you also want to earn money, often dumping. It is difficult to create a new one at all, this task is feasible to units of people.