Do you trust ERC20 tokens?

[kliown]

Ethereum has greatly simplified the creation of smart contracts. Now almost any passer-by can create a project, although not even create, because you can just copy someone and give it for your own, with the inscription first, unique and orginal. On the Ethereum platform, create your token and start an ICO.

[Kamidzy7]

Of course, but not all,but there are among them straight I would say very very worthy projects that can attract a lot of attention in the future, it's just my look global businesses and companies of the future,so it's worth to look at them

[Khailequang334]

It is easy to create Erc20 tokens so many of them scam and doesnt have real project. You should know some information about the project behind the token before pay money for these tokens

[prikitiw]

You have to analyze more carefully on the project than just tokens, because not all scams and really want to have their own projects and tokens that can really create hype or legitimate relationships between communities. We really need to do more research on projects. and see for yourself what is real and not.

[acedia]

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?

the problem of fraud is related not only to the ERC 20 tokens, but for example on the NEO platform there can also be such projects. Just almost all tokens are issued on the basis of the Ethereum blockchain. Therefore, a feeling of universal modesty of these tokens is created.

[Crypto.Expert]

Since I was here in crypto, I was already trusted the ERC20 tokens, not just they are commonly to all but the services and benefits it can give to all the users.

[mtrxhasu]

Well, I think there is no safe in any of tokens, it could be ERC20 or something else. But it depends of the team and idea. There are also very good projects on ERC20, but you should search careful

[Favouredhart]

Yea,i trust erc20 tokens reason being that it was one of the tokens i started my crypto life with even though some are scam but majority i have come accross ain't and i am so used to erc20 token and the wallets. Erc20 tokens have brought me cash.lol

[dearbesz1219]

ERC-20 tokens are opular because it is so easy to use them and also you dont need many wallets for each coin. So you can have all of these tokens in your Ethereum ledger wallet - this is awesome because you can be sure that your tokens are safe .

[davcro22]

Now there are a lot of crooks in the world. Most of the coins are created on the etherium platform, so fraudulent projects are more on the etherium platform.

[feranmi2018]

Yes as long as the team behind it is solid and they identify a problem that they want to solve with the token

[dammy1988]

I think erc20 token are popular because it's easy to issue from the ethereum blockchain and I think we only have to trust in them is it's from a trusted team

[amazura]

While a new standard in development, this one is the most common, so, do not trust in erc20 -do not believe in crypto currency. It has good speed and protection.

[Bunmi1989]

When have to just be careful with any erc20 token that one is investing on because a lot of them are scam and I believe ethereum might do something about this issue of scam in the future ...

[Packagetol]

Not really a lot of the developers only make you believe in them by buying their token and then dump on the buyers and disappear

[irenegaming]

ERC20 tokens are simply a standard used for smart contracts, of course some of them will be a scam, if according to etherscan there are more than 100,000, obviously some of them will be used by unscrupulous users to steal people, in the end they are simply tokens used by developers to make their tokens compatible with the ETH platform, and that is beneficial for everyone...as long as it works, what you have to do is check the ICO you are participating in and not the token, as the last one won't tell you much about it.

[royalfestus]

I'm runing cash systems for over 20 years.

To manage them I created shares or special points.

Now I have the opportunity to create real ERC20 tokens.

Why should all the people who have trust in my shares or special points not trust in my WSPU2 ERC20 token?

You can create an ERC20 token in like 10 minutes. Even kids can do that.


But you are not trusted here, lol. Trust: -16: -4 / +0

It might be easy to create an ERC20 token in 10 minute but should not be that cheap.

[dammytol]

A lot of the erc20 token that are out their are scam and we all need to be careful I really don't trust all the erc20 token but I believe in some that has a problem that they are solving ...

[Krappa]

ERC20 allowed scammers to earn money on investors. But, despite this, there are also good projects that came out on the ERC20. So I trust but with a little fear.

[supporterb]

Yes I trust ERC20 tokens. But not at all. cause there have lot of erc20 token they are scam.After sell their token they will leave their project. So it is depend on their projects devolopment.