Why people try to create their own coins?

[Endorphinity]

Now many people are interested in implementing their ideas through the crypto currency. I like the fact that the crypto currency is a part of people's lives.

[valek.bruno]

everyone wants to make a quick buck but do nothing . according to this ico, the best option for those who want to quickly become rich

Yes, but the most important thing is that people should understand this solution of problems that people have. Today, one of the main problems is all the same ICO and scam projects today a lot. It is necessary to solve this problem.

[Hc01]

Everybody creates their own coins and there are a lot of projects worthless like now, everyday somebody creating new project it is not good I think. Tehre is not enough money at crypto market for this 1800+ project and coin.

[Mypanara19]

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

Creating coins has become a business for those who has knowledge with crypto development and most of those developer that has personal and bad underlying motives would surely become a scam. It's like a milking cow for them and once they are done scamming their investors they would only create another coin or token. But of course not all of token creator are scammer. More projects are still legits with huge potential to make it big in the future.

[lumpum]

Because this is a good profit, if Iko succeeded then this company earns unrealistic big money and if you are lucky then the price multiplies times!

[gaponya]

Because it is very profitable, you have a good idea, but you have little capital then you can start your coin something similar to the startup and promote it along with your knowledge and if the idea is really worth it you will be rich!

[pidobir]

I think they just want to make money. These bad people create projects not for technology but for money.

[bitsdubai]

Many people believe that they will be able to repeat the success of Bitcoin. And they think that it is not necessary to make special efforts, they believe that it is necessary to create a currency, issue, place on the exchange, and make a profit. However, they do not think about its relevance.

[teleminergroup]

I think they just want to make money. These bad people create projects not for technology but for money.

There are scammers on the market. BUT many coins are more technological than bitcoin, and perform more functions than bitcoin.
A good example of a coin is the nebulas

[casty3000]

I also produced my own coin, but what is the value? What will it do? For example, waves are very convenient.

[fuer44]

they only want the identity of their own coins. and they hope at a high value on the coins they launch on the market. whereas in reality, new coins that appear, will only sink by other coins that were first in the market if they were not able to make the value of their coins even higher.

[Disculinair]

Currently cryptocurrencies are a big thing and they are expected to get mainstream in a few years, so a lot of people are trying to get into the industry in some way or another, because it will bring a lot of profits in the future.

[Allan Ramanda]

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

because many people here want to try profits, cryptocurrency is like playing gambling, there is no guarantee for you to always get a profit. dare to take risks in order to get big profits.

[Verberz]

It's obvious that main reason is making quick money. Almost all ICO' s get financing during market growth. We see result now. 80% of projects are scam or inactive. Where is the responsibility to investors and comminity?

[active706]

First of all, they want to make some money, but people who target only in this usually make scam projects. If we talk about projects, which wants to provide blockchain in different spheres of our life, this is very nice for progress and sounds promising. What about copies, someone wants to make better coin than original and that okay.

[cergikom]

Money is the key factor for most of these guys, you'd be surprised how many of these guys are running multiple projects as well.Due to the attention that is now focused on the ICOs there will be a lot of people coming along and creating an ICO for no other reason than to rip people off, this will happen for sure and we as a community need to be aware of this.

[farukahmed]

Why people try to create their own coins because many coin and many project are scam so they are very disappointed from this market place. Many social campaign such as Facebook twitter and LinkedIn Reddit and also many campaign from this project. I am sure Facebook twitter and LinkedIn Reddit is not huge profitable from bounty campaign you can other campaign such as YouTube and blog campaign. When you are working campaign Facebook twitter and LinkedIn Reddit but some days campaign you just see this is the scam project so what can you do?

[Yujesuma]

Since they need to make huge benefit from that coin by pitch that coin to the financial specialist. This is quick approach to profit since cryptographic money is well known now and the request expanding alot. A portion of that venture has genuine item and others any misrepresentation venture. So we as financial specialist dependably make audit and do your examination before put resources into any coin.

[gerutio]

I accept, in light of the fact that the market is digital currency - it is money concentrated and there is a chance to make a benefit by beguiling individuals. They make non-existent activities that are just on "paper" to pull in speculators and make a benefit, and have no further improvement.

[matthewio]

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

The motivation is simple- money, people want to create a solution to a problem that doesn't exist or that doesn't need the blockchain to solve and so launch an ICO with the hope that some easy money will coming flooding in