Why peoples launching more coins everyday ?

[DgurJIupyf]

It seems to me that now all the altcoins will experience natural selection. some of them will die Part will live. The idea of any coin is comparable to Crowdfunding. That is, the revival of a startup for free money from the citizens of all countries. Who receive coins, in the hope that they will once grow in value.

[Infracoins]

actually, due to the increasing demand of a crypto, there are so many people who are interested and willing to invest their money in an ICO company!..there's nothing wrong with it!...actually this is really helpful if you will choose the best one!

[bukmood]

Since the token is anything but difficult to make it just by utilizing brilliant contract Ethereum or others blockchain and the cost likewise shoddy, that why numerous designer make the token and pitch it to the financial specialist. In any case, the cost of the token really rely upon the group engineer since they keep more supply than speculator. So group venture who running ICO ought to be strong and expert to improvement the reason for the undertaking so the speculator can make benefit from expanding cost.

[pablodotcol]

Many of these people behind the launching of these new coins are only in it for their selfish purpose. They are aware that they lack the resources and potential to make them survive, but they go ahead with it anyway because they know that they would get something out of it most definitely.

[DogmaF10]

First, they obviously need money to fund their project. So they gathered it from investors by launch an ICO , in order to gain profits they have to develops a good project behind those coins, so it price will be goes up in the future and also give the investors their money back plus some profit

[Piterg]

It seems to me that now all the altcoins will experience natural selection. some of them will die Part will live. The idea of any coin is comparable to Crowdfunding. That is, the revival of a startup for free money from the citizens of all countries. Who receive coins, in the hope that they will once grow in value.

Totally agree with you, I think that 90% of all goods can leave the market. For many, besides the idea, there's nothing to it, why there are so many tokens, because now any person is going to launch his own ISO, and of course there are a lot of scammers who make money on it.

[wantjokull]

It seems to me that now all the altcoins will experience natural selection. some of them will die Part will live. The idea of any coin is comparable to Crowdfunding. That is, the revival of a startup for free money from the citizens of all countries. Who receive coins, in the hope that they will once grow in value.

Indeed. It just the founders of any start up who come up with a raw idea which is taken to the next level of virtuality and all the people fall for it and invest into them. It is very clear that these people just want to raise money for their real world start ups, entities or to take their old businesses to the next level. Now not all of them are scam, but few of them are really crazy and rob everything. Many people are smart now a days and creating a coin or stuff like this has got no big deal and can be done in 24 hours of time. May be thats why the number of such alt creation is going off the chart.

[kimladypt]

They want to earn money by attraction investors in new project.
Some of them has purpose to change the world become more convinent and digital. But they are just few people.

[Dcoollakky247]

If you are eager about getting a profit if you launch your coin then you have involve the services of the bounty hunters who will help advertise your coin in exchange for some percentage of the coin.

[sanacaks]

Although we have a lot of scam project these days, I am really impressed to see more new ideas, you can see the development of blockchain more and more everyday. People needs to learn more about which is the best option for their investment. Like every businesses most of the blockchain project is come to life because of making profit. If people able to start to choose more quality projects we will see less scam project because project owners will realize they need to have a real life project to do their own business. 

[Kat_messy]

All due to the fact that everyone is trying to bite off at least some piece of this juicy cake. Also, the market is not filled with any projects at all and there are many areas that are not in demand at all, so why not take them?

[el kaka22]

All due to the fact that everyone is trying to bite off at least some piece of this juicy cake. Also, the market is not filled with any projects at all and there are many areas that are not in demand at all, so why not take them?

Yes, as simple as anything; money. If you create a new coin, promise to solve a problem other coins have, put a solution on top of currently running coins and create a new coin like that people will see it as a new experiment and a new version, an improved version of the current coins.

Nevertheless, most of the time that is not the purpose of creating a new coin, developers and business people create new coins because they are after your money, they want to spend a bit of coins to marketing and than use whatever they get from the token sales as a way of living instead of reinvesting it back into the coin, they consider that money as theirs and get your money and leave the project.

[iBlitz22]

It is like stock market when it comes to crypto market. If you release coin, you have to get the people's trust to your coin so that they will invest on your coin and if your coin become that popular projects will follow. And when projects used your coin by basing its platform to your coin then a lot of people will invest more on your coin. So if you look at it, it is really like buying stocks or releasing a certain thing to stock market and let people invest with it.

[stryker]

The desire to make money or to move your business online, and in the truest sense of the word. Now this is one of the most promising areas, and if you do not join it, you can lose a huge piece of the market.

[doycku]

The desire to make money or to move your business online, and in the truest sense of the word. Now this is one of the most promising areas, and if you do not join it, you can lose a huge piece of the market.

It would be nice if at least half of all submitted projects represented a really very good idea for the crypto-currency market. But more people create their ico companies just to make money.

[NikNikKomarov]

This is not surprising. The popularity of crypto currency is growing every day. Creating new coins, people are attracted by new opportunities for earning. Crypto currency is the technology of the future, that's why more coins appear on the crypto currency market, but unfortunately not all of them "survive".

[KuyaBreezy]

Projects come up each and everyday. With different intentions, some  developers genuinely come up with projects that seek to. Provide solutions to market problems and fill in some voids in the market.  However there is this good for nothing group whose. Intentions is to scam investors off their valuable money, with projects promising the. Best. But end up going nowher

[helen28]

The desire to make money or to move your business online, and in the truest sense of the word. Now this is one of the most promising areas, and if you do not join it, you can lose a huge piece of the market.

It would be nice if at least half of all submitted projects represented a really very good idea for the crypto-currency market. But more people create their ico companies just to make money.

Because they believe that there are future in crypto industry and that investors nowadays are in crypto that is why they are also trying their luck here in cyrpto business,but we can't really control if there are some scams that is why we need extra careful.

[carlzhao]

In my opinion it is actual because people want to get more money than they have now. And I am not against about it because it helps cryptomarket's increasing.

[jumiapaul]

There are various motives for launching tokens, some could be to execute a project while others use tokens to perpetuate their dubious scheme, launching tokens, promoting, getting it listed and dumbing on the exchanges before abandoning the project. One needs to be careful before committing to a project because so many are scams.