Do you trust ERC20 tokens?

[miraxgr]

Interesting topic you raised, but to answer your question clearly and unequivocally, I think I can't do that, and others probably too. And so of course, you're right, this year is really a very large percentage of fraudulent coins were based on the code ERC20. What to do with it I don't know.

[Crypto Lady]

Yes, I trust these tokens. Most of the tokens in my investment portfolio are ERC20 tokens. In addition, I believe on ETH and completely trust this platform.

[Creedact]

It is because you bought a project with no whitepaper and team behind them, you bought e token which was popular airdrops and has no future. Erc20 token is not matter as long as the project is good because the value will go up anyway. Erc20 token also benefit from the dex as you can trade them immediately using the contract address.

[Argoo]

In fact, the ERC-20 markers, that is, the tokens, account for the majority of the  crypto currency. They are created during the ICO to work in a very narrow sphere of human activity and are very useful because they create real convenience for people. I think tokens are the basis of crypto currency with fairly useful functions. Of course, since anyone can create their own tokens, we even see that eleven-year-olds do this, and millions of dollars are collected during the course of their holding, this activity attracts a lot of scammers.

[tepyh]

A bad wallet for bad altcoins - great for scams but not for investors. in a word - garbage. 

[Gryphet]

Of course I trust them from the fact that they are created on the basis of Ethereum , but that they can be a bench that it is already necessary to study yourself

[chocopapaya]

Well, you can really say all erc20 tokens are a scam, that would just be silly.
You also can't say you can trust them all either.
It really depends on the individual company.

The biggest thing to look for is the product itself.
If there is no testable product, like an app, a beta, or a mainet release, then just don't bother.
If a company claims they have an MVP, then pass.
An MVP means nothing, in fact, just a website could be considered an MVP.

So you basically go try it out your self and then seek other people's opinion about the product.
If it's something you don't understand well, like the technical aspects of a smart contract platform like Credits.
Then jump on their Github and ask techie people there.

[nick_2017]

It doesn't depend which type of tokens are used by different companies. Erc20 is a good technical standard used for smart contracts on the Ethereum network. My advice for you: always explore company in which you want to invest your money.

[Xilib-er]

if you get scammed on of ERC token, you cant decide that ERC coin is scam
it's not fair because there are too many ERC coins. im still believe that ERC coin is good

[Mimaville]

I do not really trust all ERC20 tokens. I see tokens without any project as a scam.

[Shreek]

some I believe, some don't
all ERC20 tokens depend on the relevant project developer,
if the developer diligently updates the process he is working on, and the progress he gets, then ERC20 will really make me believe that the future will be bright

[fortunecrypto]

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?

Credits is a good investment check their official thread to see how the support grows and how the developers update their supporters and investors so you can proceed to invest in Credits you will not regret it, and be sure to know the tokens that you are investing with so many scams going on we never know we have already invested on a fake one.

[vilmagirl]

You shouldn't blame ERC-20 protocol for what happened to you, the responsibility for the scam is borne on your conscience by the team of the very project you have invested in. There are a lot of good projects on Ethereum basis, which are developing and are successful, you just need to carefully select a place to carry your money.

[danipay]

erc20 tokens are part of ethereum..like ethereum, erc20 tokens are real assets and will not be a token scam.
all depends on the owner behind it, whether to develop the token properly or even make it to be a shit coin?

[alahmadcoin]

Indeed, I really trust ERC20 tokens regardless of whether there were a few tokens that did not have any esteem. One thing additionally, these poop con artists utilizing ERC20 is the one motivation behind why the validity of ERC20 is being addressed by a few.

[MOProgress]

 on  a true note, it is not every  ERC20 token I trust, there are some legit ones , but there are some that are out to scam people, although they appear to be good.

[dodongrrr]

Indeed, I really trust ERC20 tokens regardless of whether there were a few tokens that did not have any esteem. One thing additionally, these poop con artists utilizing ERC20 is the one motivation behind why the validity of ERC20 is being addressed by a few.

Correct, ERC20 tokens is really good and this is already proved by so many people because this is being used by so may project platformsworld due to it's unique and safe security features that we ca really trust.

[amwer]

It's not too late. Buy a Trezor or Ledger Wallet. From a trusted source like the Home Websites themselves or on Amazon. Transfer your Crypto to MEW if it's ETH or any Coins on ETH platform, *erc20 tokens*  You will be eligible for airdrops in the future and your Crypto r safe.

[Gralph]

Ethereum Request Coin 20 with the Acronym "ERC20" is one token with a distinctive quality, this is because the ERC20 token has a unique wallet that it is been stored or kept which is the ERC20 wallet this strong encryption gives only the holder the right over his or her coin, that is safe and secured against cyber hackers who always desire to maliciously steal other people's tokens.

[Nayebarefx]

These are the most trustable projects the fact that they are backed by a big project and the fact that there is a contract undertaken between this project and ERC20 contractors. Do according to the researchersthe tokens that are launched on this platform seem to be more legit.