Why Most of the ICO based on Ethereum Platform

[Risk Mgmt]

It depends on the developer and founder team. It's not a mandatory issue that which currency they like most. You can't deny that Ethreum is one of the most popular platforms on the blockchain system. Ethereum has a huge market volume. So that Ethreum is becoming the most potential platform in this system.

Not only that but also Ethereum is gaining ground around the world because of the easy access to this platform and get an Ethreum address very easily. Ethereum platform has some specific privilege towards the holders regarding exchanging and converting. that's why Ethereum is becoming popular and acceptable currency in this blockchain system.

[1715282936]

1715282936

[1715282936]

1715282936

[1715282936]

1715282936

[realaccountakira]

Hello...Friends

Today lots of ICO's running Online and most of the ICO based on the ERC-20 platform. Why?

This just goes to show how much potential Ethereum has.

Most ICOs run their show on Ethereum's ERC-20 platform because it is the most useful and accessible for everyone. This is what will drive the value of Ethereum upwards, it is easy to use, is actrively being developed, and is being adopted on a massive scale.

[louie69]

My opinion to this thread is that, most of the ICO's were based on ETH platform because this is the most usable platform ever to be used during signature bounty campaigns. This is also why ETH is the most recognized platform in the crypto market.

[dele4]

probably because this platform is the only established platform and provides the capabilities needed for new projects, and indeed some ICOs are based on this platform. many platform users like this because it allows clients to interact with tokens and blockchain in fast deals.

[KenyonCarter]

Hello...Friends

Today lots of ICO's running Online and most of the ICO based on the ERC-20 platform. Why?

It's the speed, some ICOs like Sparkster are promising 1 million TPS. ETH based coins are kinda good, Liven is a good example they have an already established audience and just need a token to play it.
All they need is to get them on board and make them use their token, doesn't matter if they are ERC20 token they can totally pull it off with the plans they are offering.

[vihang200200]

The ethereum platform is very popular and in demand in the world of crypto currency. Therefore, most ICOs create their projects on this platform. Today, there are other platforms similar to the ethereum platform, but which have not yet proved themselves and have not yielded the proper result.

[coin-investor]

Hello...Friends

Today lots of ICO's running Online and most of the ICO based on the ERC-20 platform. Why?

It's trusted, stable and the token created here had a good chance to get into exchange, in fact, there are already ready market for ethereum based token, as high as 90% of ico are ethereum based token and we will see more ico on ethereum based until we see Credits and Waves launch their own smart contract platform.

[LKingLion]

Ethereum is the basis of almost ICO now. It is the ground of new altcoins that comes in crypto. So don't worry for ethereum will become more stronger than today.

[sergeeva]

It is because it offers better spped. That shows the potential of ETH and how it can give better returns than even BTC.

[Dasha88fed]

Ethereum is the most famous and popular platform for launching new tokens. ICO projects teams choose this platform because of its developed infrastructure, a simple mechanism for creating new tokens and because of its popularity in the crypto world. But there are already competitors: EOS, Stellar, WAWES.

[Jansaa]

Because most ICOs projects use Intelligent Contracts! Currently, the Etherium Smart contract is becoming a system. Therefore, using Smart Contract helps ICOs projects to easily deploy their plans quickly.

[Nolimitz84]

To understand the growing popularity of Ethereum, it is important to understand why it is difficult to create new applications and currencies on the original bitcoin blockchain. There are several problems:
Bitcoin was developed as a financial system. Therefore, an essential condition of his program is the accounting balances. This means that we could easily create a new bitcoin wallet for ICO, but it is difficult to write programs that calculate and distribute tokens on top of this wallet.
Bitcoin is not a fully completed Turing system: it does not have cycles to prevent miners from falling into endless repetitions under a DOS attack. However, this is a problem with ICO implementation, as cycles allow programmers to check and recalculate information. An effective crowdsale requires recalculation of the total Deposit after each new investor, closing the ICO under certain conditions and distribution of new tokens based on the algorithm — these are functions that require completeness in Turing.
Bitcoin block generation time is too long to be suitable for ICO.
And in addition to this, ETHEREUM is developing new protocols that will also give this coin a huge advantage.None of the coins will provide such extensive functionality for the ICO.

[s31joemhar]

I think the reason behind why morst of the ICO are based in ethereum platform is because of they see that the ethereum is great investment to deal with which can help them to boost and improved their services.

[warokngebel]

ethereum has smart contract that make easier to issue token for new project, even not serious project can build on top of ethereum, sometimes new project without whitepaper,  roadmap and developer can issue token.

[littlemonny]

The ethereum platform is very popular and in demand in the world of crypto currency. Therefore, most ICOs create their projects on this platform. Today, there are other platforms similar to the ethereum platform, but which have not yet proved themselves and have not yielded the proper result.

[LbtalkL]

Because it is easier, Not time consuming you can easily deploy a smart contract and there you go you have your new token.
Its like ready a made blockchain the only thing you need to do is configure and program it what do you want your token will function.
Many projects use it as stepping stone and later on they are going to have their own blockchain and perform a Token swap.

[bummm]

Hello...Friends

Today lots of ICO's running Online and most of the ICO based on the ERC-20 platform. Why?

Code ERC-20 is most popular algorithm in the modern world of cryptocurrencies. That’s why it used in many crypto platforms. Such systems are quite effective and reliable so don’t be doubtful about them.

[Akarsh54692]

I think that's because the data in Ethereum blockchain is almost unhackable and very secure.Investors and customers can do the transactions hassle free. Almost all upcoming ICO's like HostGames will be based on Ethereum apparently.

[doedz]

Because ERC-20 is a lot of supporters and it can be the best reference in terms of ICO selection.
Besides being easy to develop, ERC-20 is also very friendly with the UI displayed.

[Sevarchik]

Etherium platform have easy develop smart contracts where tokens automatically send when you send eth to the smart contract adress.