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otandelapaz (OP)
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June 20, 2018, 08:51:54 PM |
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Hi everyone! I'm (still) basically new here and I observed that most ICOs I see are based on the Ethereum blockchain. Why is that so?
Also, what blockchain technology besides Bitcoin and Ethereum are widely used in ICOs? Thanks and have a great day.
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mbm_ico
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June 20, 2018, 09:23:37 PM |
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Many ICOs use the Ethereum platform, because it is optimized for the needs of programmers, and it's not so hard to write a smart contract on it. In addition to Ethereum, ICO is now being launched on platforms such as NEO and Stellar.
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svobodnyi
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June 20, 2018, 09:27:05 PM |
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At the moment, of course, the ethereum platform is the most common for the ICO, but in the near future everything can change
There is a project called "universa" which will soon have its own blockchain platform, which is considered a third generation blockchain
Then everything will change
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Dreamchaser21
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June 20, 2018, 09:34:59 PM |
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They used ETH because its not that complicated to build things that they need in their ICO, and ETH is really a good technology. Well, some ICO already used NEM/XEM which I think can be a good alternative for ETH. Many blockchain technology are build today so I think there will be a competition now between the giants coin.
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bttmember
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AMEPAY
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June 20, 2018, 09:44:14 PM |
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It is because Ethereum network was the first to launch a complete tokenization platform and ecosystem, others are there too like waves, neo, stellar, nem etc but ethereum is the most popular right now and i think it will stay the best for many years to come, some new projects are also under development like eos, abt, ada, icx etc they claim to come up with advanced tokenizing solutions, lets see what they come up with.
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Gozie51
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June 20, 2018, 09:51:24 PM |
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Etheruem is easier to identify with. The tokenization also is a factor. However, waves to me is also used lately in icos. This should help the coin to grow more.
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crypt0junkie28
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June 28, 2018, 06:17:00 AM |
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Eth is low now and there's a great chance for a raise in value in the future, it's convenient and reliable. It's actually one of the reasons why I invested in chozun 途赞
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DZU1410
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https://saturn.black
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June 28, 2018, 06:22:54 AM |
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Hi everyone! I'm (still) basically new here and I observed that most ICOs I see are based on the Ethereum blockchain. Why is that so?
Also, what blockchain technology besides Bitcoin and Ethereum are widely used in ICOs? Thanks and have a great day.
Convenience and most importantly the ease of use makes the Ethereum so popular and really so far takes it to the first place on the use of Ico. There are also on other coins, but they can be listed on the fingers. Therefore, the ether occupies a leading position in terms of demand in the market. |
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sud
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June 28, 2018, 06:51:04 AM |
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Thanks for link, very useful. Ethereum is the most popular because it was the first platform with smart contracts and easy way of making tokens, so they have advantage of the first mover, but other projects are developing fast. The second most popular ICO platfom is NEO, and they already have nice token ecosystem with very interesting projects, working decentralized exchange (Switcheo) and stable coin on the way (Alchemint). Waves is around for some time, but it's not so hyped and TBH I don't know much about their tokens. Besides the 5 mentioned in the link above, there are also Stellar, Ardor and ETC (probably a few more) which can be used for ICOs. |
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iamMhew
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June 28, 2018, 06:56:33 AM |
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NEO also has smart contracts like ethereum, so besides from ethereum NEO can also use to create tokens for some ICO projects. but in terms of popularity, some ICO projects are using/preferred to use ethereum smart contracts to create a token for their own projects.
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