Why people try to create their own coins?

[ximabe]

Since every one of the business visionaries what to make a fortune out of nothing. This is the manner in which it works today. All that you need to do is make a novel thought, plan whitepaper, subjective site and declare ICO, at that point gather other individuals' cash amid the ICO, and utilizing it procure a group of experts to make the item, discharge tokens and perceive how they convey them benefit from everyday.

[erox]

Just because it is fashionable People want to make easy money at the expense of fashion on cryptocurrencies, no more.

[Whisper555]

The coin is very much now - it's true. I think that people create their own tokens or coins in two cases:
1. when money is collected for the implementation of some projects and business ideas;
2. or when they want to earn money for your account (fraud).
Most of the coins that exist now will die within a couple of years. The only question is, with what intensity will they launch new ...

[Fantina]

Maybe they want a piece of the pie. They would like to earn more and also to contribute more in this industry. Also, they would like to jump into the bandwagon while it is still hot.

Agreed. A lot of people are trying to get on the wave of HYIP and cut down on fast money. Someone is really looking for money for development and in the future returns them. And someone just a fraud.

[Greenparkzhiv]

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

Cryptocurrency is one of the new fields of activity. People like to do business. If the ICO is interesting, they make good money on it.

[DaryaCrypta]

Creating your own cryptocurrency, especially for a company or brand, is an additional investment, a new life, an increase in the price of their shares. Has anyone heard of Rippl before? No)) and now they occupy a position in the top 5. And Kodak, which began to forget? After the release of its own cryptocurrency, it raised the value of its shares to 90%.

[sergei1703]

It is a part of future economy, where everyone will has his own coins, and his employer will buy these coins in order to buy his time to provide some services, for example app development.

[Tanya12356]

Crypto currency, and the technology of blockhain already enters the economic environment.

[Andika23]

maybe I think they made coins aimed at making their coins on the top, and the new coins they created can compete with other altcoins that already have many investors.

[thaoni25]

I think it is a certain hobby of them. But it also depends on the person and purpose when they create their coin. I can generate a token based on support by ERC20 but I do not know what will do next with it

[deppil90]

Crypto world provides instant benefits, many people take advantage of certain coin weaknesses, used to cheat

[Donotam]

they wanna make huge money from stup*d people who invested in
they create a shit token then leave it

[kenjionline]

Some developers copy other people's codes, hoping to make some improvement. And some simply do not have experience in programming and want to earn money.

[numbertech]

I think people saw a lot of potential and opportunity in cryptoworld. By creating their own, they think they can profit it. There are no doubt that there are a lot of coins out there who are just a copy of the other. Those coins are just there to scam investors. But there are also coins that are unique and functional. The problem is, those legit coins are very hard to identify

[Dreamace7]

Some developers can come up with an upgrade to an earlier version, and tbere is so much potential in cryptocurrency and there are still innovations to be derived from it.

[stas.dron]

People look at the market and understand that they could have more profit with their own coin

[vasilvas15]

Because it is beneficial for your own enrichment, to have your own currency and distribute it to other people. And then raise its value, and get superprofits.

[imutlinda]

the reason may be that they want to know how and practice to make their own coins. and I am sure there is pride if they succeed in making their own coins, if not used for crime I think that is a positive thing because it enhances one's insight

[seggardinggins]

the reason may be that they want to know how and practice to make their own coins. and I am sure there is pride if they succeed in making their own coins, if not used for crime I think that is a positive thing because it enhances one's insight

besides, it is very profitable if the coins they produce can develop because they can get big investors to develop their projects.
this is a very good method to get funds because there will be many people who are interested in investing if their project has a good concept and has a great team.
we all know crypto is a good business especially for new companies.

[pehatas]

For some people to create their own cryptocurrency is something interesting and new. Some create it for fun not hoping for any benefit, and for some it is hope for big earnings.