ERC20 vs waves

[Darrylld]

Hello,

I am creating a coin/ token and wondered, is there a downside to using waves to create it? Its only slightly easier to create vs an Ethereum based. We picked waves due to their DEX API, what does this community think?

[yazu]

I'd go for ERC20 instead of WAVES, because the ecosystem around it is way more developped than WAVES, but it's only a personnal opinion 

[BadGuner]

Ethereum has a lot more users. ERC20 technologies are not worse than others, so Ethereum is exactly better.

[mich]

they have more time for waves, my friend. waves smart contract not found. recently released 10 projects with 9 ether -based.The projects with the ether contract are much more attractive and people support more such projects. I do not know what you really are going to offer, but I think it would be more beneficial for you and your investors if you put an ether-based product in the process.they already think like many people from me. I'm sure of that      
 waves ,one day will definitely come to the right place. but not now.

 

[styca]

I think erc20 is preferable. There are a lot of junk tokens on waves, and it might be unfair, but your coin could be tarnished by association.

[Nathan047]

Most of me that says you should stick to Ethereum since most people use ETH (that way you will reach the most people), however I am certain that:

A: The community is technologically advanced enough to be able to use a different platform to buy a token in the case that the token is worthwhile.

B: Just because everybody else is using ETH doesn't mean you need to, especially if another platform offers a technological advantage.

–

Although this question is really only answerable by you and what fits best for your project.

[DanWalker]

I believe there should be competition at crypto token issuing platforms to make progress faster. So I prefer WAVES at this case. But ERC20 standart is more acceptable by market, this is truth.

[GayOfThrones]

People are still more confident in buying Ethereum based tokens versus Waves based tokens, even though I don't understand exactly why.

[logosobscura]

Go ERC-20. Waves has some promise but lacks critical mass that Ethereum definitely broke through in the last 12 months. End of the day when developing on someone else's platform you want the biggest audience possible- that is Ethereum, and it isn't going to change any time soon.

[Caesar-Giulius]

I will say go for ERC20, most users have Ethereum wallets. Frankly speaking, I do not wish to create another wallet for joining an ICO. Unless the project is very attractive to me.

[alva5763]

I find ERC-20 better than waves platform. I believe ether has more followers so suggest ERC-20.

[chutchmcgillicutty]

Waves doesn't seem to be gaining as much traction as supporters hoped it would. Ethereum based tokens seem to be the vast majority right now

[freebutcaged]

Can you interact with Waves tokens? you can send Eth to a smart contract and receive Erc20 tokens. when will you have the same feature with Waves?

They are saying that smart contracts will become accessible on Waves platform but what would be different than what we have with Eth and other

Blockchains like them?

[Bulletdodger]

Waves is far more easier for the noobs, and that actually aint a good thing.
Because scammers can create tokens with a few clicks and begin the distribution.

Eth has problems with scalability, but generally is far more known and accepted, who knows what future brings.

[Namecom]

Agree with the majority here! ERC-20 is used by most of the ICOs and even the most popular ICO use it. So it's definitaly preferable over waves

[moataz_ansary]

I think ERC20 is more popular than waves
Based on Ethereum and that is enough
And could be transferred and tradeable on Etherdelta
With all my best wishes
Good luck

[LeonardoDiCrypto]

I guess we'd have to wait for waves to offer smart contracts before chosing waves vs ERC20 tokens.

[Anonylz]

Waves is a bullshit, i would not create a token in their system because nobody is going to be interested in buying your tokens, better to use a erc20 token with a smart contract instead of being greedy and only pay $5 to create a token on Waves platform.. It is better to invest $500 and create a smart contract instead of making it a not-attractive investment for all the other people who see your ANN.
Good luck with it mate

[stackholio]

ERC-20 has quite a bit more support and standardization than waves.

[shursight]

If you are a token developer then dont create a coin on Waves dex please! you are going to make a dissater on your project, nobody is going to invest anything in your ico because waves ruins every project in where it has been, the only succesfull project using waves technology has only been Waves, because ico's runned by them are a garbage, all of them did not even raised more than 30m in each one of their ico's.
just like the other user said, invest a little more, but hire a good contract developer and create your professional token.