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Author Topic: Do you trust ERC20 tokens?  (Read 4310 times)
Pamadar
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June 10, 2018, 04:06:02 PM
 #261

There's a lots of things that needed to be considered in order to avoid such scammers, better to look for real usage of the project and see who's the team behind, its not about erc tokens but the developers and the team itself, if you will find time to research a little bit before investing then  you are still good to go using the system, it can be a good learning pattern for you to learn how to avoid those scam project after you already suffer this types of tokens, just keep moving forward and always take precautions.

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June 10, 2018, 04:22:26 PM
 #262

It may be easy to create the ERC tokens. However, it doesn't mean that it can be the guidance. It is better to choose the coin or ICO with the clear real product. So, we can ensure that the coins will last longer. This is clear how important is a product of an ICO to attract the investors and ensure the investors that they are real.


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June 10, 2018, 04:28:02 PM
 #263

Most projects use this format, so everything is fine. The ETH platform is now the best for development.

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June 10, 2018, 04:31:36 PM
 #264

I like Ethereum platform, they offer the possibility of easy token creation.

Problem is that someone somewhere can create a token, an ico and scam all the people.

Tools like etherscan to check the token are neccesary.

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June 10, 2018, 04:49:04 PM
 #265

Yes, I trust ERC20 tokens. Whether it is scam or not depends on its project. Be it a token or coin, you have to research properly before investing in the project to prevent falling for scam.

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June 11, 2018, 11:55:21 AM
 #266

Not exactly although I do realize that they are a good way to make a lot of money if you invest in them when they are still cheap for now. So far this year looks to be the year for ERC20 tokens and a lot of them are doing well at this point which makes them a good investment. I really don't trust any coins that are not in the first top ten coins because they are not that sure



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June 13, 2018, 04:24:00 AM
 #267

Believe. but I see statistics from the token I hold. not much price increase by using ethereum platform. almost all under ico. very poorly behind the many beliefs of people
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June 13, 2018, 04:25:28 AM
 #268

The cost of the Erc20 token is very low, and of course there are some valuable projects, such as the very popular EOS, which is also used as a token, but it is soon to be replaced.
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June 13, 2018, 06:50:35 AM
 #269

ERC20 tokens are based on ETH platform, this platform is one of the safest and strongest, it is revolutionary in the crypto world. So if you do not trust this platform, then in which one do you trust?

And here the article which provides more details on my point of view: https://icoguide.com/en/blog/what-is-erc20-and-how-does-it-affect-tokens

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June 13, 2018, 06:53:05 AM
 #270

Yes I do trust ERC20 token and I believe them
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June 13, 2018, 02:26:45 PM
 #271

Believe. but I see statistics from the token I hold. not much price increase by using ethereum platform. almost all under ico. very poorly behind the many beliefs of people
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June 13, 2018, 02:36:26 PM
 #272

Doesn't really make any difference what type of token it is as to whether you should trust it or not. There's a lot of scams on ETH as it's easier to make an ERC20 token but that's not ETHs fault. Do plenty of research and 99% of the time you'll be fine.

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June 13, 2018, 02:51:40 PM
 #273

I have seen ERC20 tokens are shit total nonsense with not value for it. There are developers who buy ERC20 smart contract address and name it without no purpose at the same time i have seen many that have good prospects.

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June 13, 2018, 03:00:45 PM
 #274

Created on the platform markers ERC 20 is not fraud, do not forget that there are projects that have promoted simply unsuccessful projects!
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June 13, 2018, 03:06:08 PM
 #275

I have always believed that the projects are well-developed. Dev team, enthusiasm, transparency! maybe it's token or altcoin! Present! The price of Bitcoin and altcoin are down, but I always believe the market will grow up in next times!

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June 14, 2018, 08:41:31 PM
 #276

I trust some bit not all, trusting all ERC20 tokens is not possible because not all of them can give your expectations, so not trusting all of them is just a proper way of making yourself safe from any possibility that can disappoint you.
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June 16, 2018, 01:23:36 AM
 #277

Understand that people are not perfect as well, and our designs are not perfect, there is always the possibility of hacking something, but the fact is that there are people with white caps and black, always possible hacking, but the main thing is that there are people and an opportunity to improve the project.
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June 16, 2018, 01:30:03 AM
 #278

for that we all need a mature thought first, Not all token scam before buying Notice the project is true ada.dan more details we check the contract that we will buy
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June 16, 2018, 02:25:47 PM
 #279

Believe. but I see statistics from the token I hold. not much price increase by using ethereum platform. almost all under ico. very poorly behind the many beliefs of people
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June 16, 2018, 02:30:41 PM
 #280

Last year in early december I bought eBitcoin token which turned out to be a scam. Luckily for me I sold them before the ePRX snapshot but alot others have made losses. I really believed this token would be a succes but I've realized that alot of these ERC20 tokens have the same things in common. The devs (or better said scammers) create alot of hype and pretend their token to be the real deal while they never intended to create a working product. I've thought about investing in tokens like Credits and Elixir but I'm afraid they are all the same kind of scam.

Do you trust them?

I think this is a classic mix between technology and people using that technology. the technology is innocent of the criminal acts of others. I personally think that the token ERC20 is a great idea.
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