Why people try to create their own coins?

[TRONTON]

of course because they want to reap a bigger profit, moreover lately there are so many tokens that when entering the market the price is far below the ico price, of course that is a distinct advantage for the project owner.

[Sakira72]

Actually they are not wasting their money, because the return of their investment is quite big. That is why there are many new coins and ICO  arises. Some creating new coins to scam. So be careful investors.

[Doubleabc]

I think having your own coin isn’t so different from a practice of selling “shares” of oneself. The difference is in the technology, which should be pretty invisible to the average user. What the user cares about is the value of the person, and in order to determine that, a person needs a clear plan or thesis for how they will live.

[bitivan]

Many projects only try to raise a lot of money. They don't care about the product or something else. They just see how popular crypto is and try to earn.

[Greathic1]

I think this can make a lot of money and many use it successfully. All necessary source code is in the public domain. All you need is time and some money. After the first pump the coin will fly to float freely and never considerably will not grow.

[MommyElsa]

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

Because of the money,  if they achieve their goals like having a lot investors that will invest in their project, by that there is a chance that the coin will become popular and there will be a successful project.

[Grenin2]

Of course they see the potential of earning big once they create and release their own coins. If a project is legit or valid and has a chance of gaining success, people will certainly invest in that project. It will be hard work for the project team, but the gains will surely be worth it if everything turns out well.

[Muloni4]

Most of them just want to earn money from it, a lot may be scam, but among all of that there may hide an interesting project that deserves notoriety

[QueenW]

because it's become quite simple to do and now every fool can make his own coin. And why then thinks that their token will be in demand. But in fact, such tokens then simply lie on your wallet.

[Ayaah]

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

This is how people think about their future if they see that thing is have a big potential to earn more money then they try to make a replicate, because of what they think about. But it's so sad because some other people replicate that original creation  for their bad intention like they use as a tool of scamming.

[masterchief001]

Of course, everyone is trying to make their own coins. Because holding the coin is holding the property in his hand. When the pennies price you hold up high and you will sell them for money. Who holds more coins in his hand, he is the rich in the electronic money market.

[jaypete]

Most people want to create their own crypto currencies because they are greedy. The popular way to be rich is to create an ICO project. I am against the idea that there are too many altcoins. I support projects with real creativity.

[vandeam]

Because most people want to earn money by creating their own token and they think they will get it.

[Boknoyz]

They are attracted by Crypto because it's easy to make money so they dare to create its own coins. And if they could create a coin with nice and interesting certainly people can invest. And if that happens the chances people will lose a lot. We must be careful in investing the wrong way because if we can lose money.

[makerst]

of course because they want to reap a bigger profit, moreover lately there are so many tokens that when entering the market the price is far below the ico price, of course that is a distinct advantage for the project owner.

It seems that it is impossible and it seems that it's funny, but I think that you understand that this is not true and that they will still be able to collect, even if not as much as you think, but it is so.

[vvthd]

Someone try to make own project or looking for a sponsor for own project. Or they want to use blockchain technology but I do not believe all of them.

[Gyromancer]

Indeed very ambitious people who ambition to create their own coins. Most of them do not display their new coin innovations, they only duplicate coins before. In my opinion this action is futile, they only pursue ambition that does not have a good strategy. To create coins requires good planning and strategy, the challenges in this creation are very diverse including the challenges of gaining public trust in the market. Preferably when someone wants to create a new coin needs to do a good plan including marketing strategies and promotions in order not to be a product that failed.

[BitindaHouse]

There is a saying "your shirt is closer" ... Everyone wants to make money on this ICO boom. But only real developers who believe in their project and cherish the reputation of staying in the next couple of years))

[provide_life]

Perhaps people have some idea that no one has yet been born, and maybe they just want to create a cryptocurrency to earn a lot of money.

[SteshaScott]

And why do you invest? Money is the main reason. And it is too hard to recognize good project amoung numbers of scam projects. I hope it will end soon. If projects like Menlo.one will help good procpective projects and find scam, it will  be big step in the future.