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Author Topic: Do you trust ERC20 tokens?  (Read 4698 times)
dotrang61549566@gmail.com
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July 19, 2018, 08:38:13 AM
 #441

ETH is the most comprehensive coin in the present time. It's good deals, lots of uses, speed and fees are good
atorle
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July 19, 2018, 08:42:10 AM
 #442

The reason ERC-20 tokens are easy scam tools is because they are easy and very cheap to create, unlike start from the scratch,developing your own wallets, hackers do not want to spend such resource
juragankambing
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July 19, 2018, 08:53:56 AM
 #443

so far as long as i know cryptocurrency i have no problem and still trust against token ERC20, there are a lot of deceptions but I think more good things than bad things about token ERC20
celuumk
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July 21, 2018, 06:42:32 AM
 #444

before purchasing a token, in the same class as we must be mindful so as not to lose, we see first what their undertaking, since token erc20 presently there is likewise a fake, have a venture, yet not in any manner, it would be great we need to investigate all the more profoundly, so we don't bamboozled
dmzworld
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July 21, 2018, 06:55:55 AM
 #445

Well the technology behind the ERC-20 is superb and cool for users. Some projects scam others not because they are ERC20 tokens but because of their own selfishness and heartless. Please not that even many masternode coins do scam people too. So ERC20 is not the basis why some projects failed, the team is not either competent or the project is not real.
briton
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July 21, 2018, 07:06:46 AM
 #446

Now this is an awful lot of coins by using ERC20. In fact many are also used by the ICO projects. And I am sure, when many are using, then it would have been trusted and many benefits. So I guess no problem using ERC20.
Moshi Moshi
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July 21, 2018, 07:10:22 AM
 #447

Now this is an awful lot of coins by using ERC20. In fact many are also used by the ICO projects. And I am sure, when many are using, then it would have been trusted and many benefits. So I guess no problem using ERC20.
for me ERC20 does not have a problem but I see the coins from the ICO project it does not have a bright future, it can only last a while and when the price goes down it will be difficult to get back to the original price.

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lena1
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July 21, 2018, 07:22:11 AM
 #448

It's not in the ERC20 marker, but in the project itself, which could not prove its promise, and it turned out to be a scam!
dancingAce
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July 21, 2018, 07:51:08 AM
 #449

Yes, but I like ERC-721 more.
testadimerlo
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July 21, 2018, 07:57:22 AM
 #450

Is the question related to the tech or is it about the quality of the projects as a whole?
HansakaMadushan
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July 22, 2018, 04:06:33 AM
 #451

A year ago toward the beginning of december I purchased eBitcoin token which ended up being a trick. Fortunately for me I sold them before the ePRX depiction yet alot others have made misfortunes. I truly trusted this token would be a succes however I've understood that alot of these ERC20 tokens have similar things in like manner. The devs (or better said con artists) make alot of promotion and imagine their token to be the genuine article while they never expected to make a working item. I've considered putting resources into tokens like Credits and Elixir yet I'm anxious they are all a similar sort of trick.
bitcoinm3ster
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July 22, 2018, 04:21:05 AM
 #452

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?

why almost ICO projects choose ERC-20 to run, because it's absolutely free and it's easy to creat a token and build a community through atractive airdrop and bounty program. So, there are many scam projects are borned from here

Burmik123
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July 22, 2018, 04:48:44 AM
 #453

This is not problem of ERC-20 tokens, that eBTC or eXRP were scams. First of all, before investing, you should make your own research of the project in which you would like to invest. There are a lot of cool projects with ERC-20 tokens. And as i know, the mosrt popular blockchain for starting new project is Ethereum, with ERC-20 standart. So i believe in ERC-20 tokens, but only at good projects. Do not tought scam please) And pay a lot of attention to your safety, while using MEW.
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July 22, 2018, 03:52:51 PM
 #454

Yeah the problem is many know now how to create erc20 token.And it's free so it's easy to make a ico for developers.And at this moment creating erc20 is free .So it give them no loss.There is lots of token based on erc20 which are legit and giving it's investor's a high level profit some of them really working very well in there filed.But yes cause there lots of ico so some of them are just scan and if you don't have any knowledge you will be one victim.And you scamed once that doesn't mean you start blaming all the icos.its not good.

subG
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July 22, 2018, 03:55:18 PM
 #455

There are a significant amount of ERC20 tokens.  More crappy ones than the good ones.  I would recommend doing intensive research before purchasing any.  Stick with the ones that don't have an anonymous team. 
btctime
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July 22, 2018, 07:21:43 PM
 #456

Believe me, because the token is created on the standard ERC 20 does not make it fraudulent. Now you just need to be more careful and invest in tokens of those companies in which you are 100% sure.
phairan
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July 22, 2018, 07:23:46 PM
 #457

Yes, I do trust ERC format of tokens and I believe that it's one of the best ones to be used. This is why, nowadays, it still the main used format and it serves like a base for 90% of Initial Coin Offering projects for the issue of their tokens  Smiley
akonrupom
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July 22, 2018, 07:31:09 PM
 #458

Of course, I trust ERC20 tokens. ERC20 tokens are built on ethereum network and that makes it good and easy to use. The best is to choose ERC20 tokens, which have a good team and roadmap with progressive fundamental developments. So I guess no problem using ERC20.
laiya94
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July 22, 2018, 07:38:33 PM
 #459

Now it is easy to create an ERC20 token in ethereum network, so anyone with tiny programming knowledge can create an ERC20 token. So be careful of that.

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July 22, 2018, 07:40:47 PM
 #460

Hello and yes i trust in the ERC20 token (Ethereum network tokens) Because there are a lot of good projects made ICO and tokens based on ETH blockchain. So they trust in this network and will support it till the end.
Good Luck.
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