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Author Topic: Why are most new tokens Ethereum ICOs?  (Read 1909 times)
dizzy1996
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August 31, 2018, 12:01:45 PM
 #101

The question is interesting, see basically all the platforms are trying to create a token standard Erc - 20 and for the fact that this platform is already adapted to the tokens themselves and it is quite convenient, you do not need to come up with a new technology if you can create tokens on an already existing platform

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BarnabyETH
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August 31, 2018, 01:21:27 PM
 #102

Ethereum provides more security for ICOs. As it uses gas payment system, attackers cannot get through the system. This has made Ether more reliable for the new tokens and it is also one of the best cryptocurrency.
BTCHeadstone
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August 31, 2018, 01:25:06 PM
 #103

Ethereum uses Greedy Heaviest Observed Subtree protocol that helps to create faster block without reducing security of blockchain. This also helps verified crowdsale of new tokens. This is one of the reasons for tokens on Ether.
Adhichan
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August 31, 2018, 01:25:40 PM
 #104

Ethereum provides more security for ICOs. As it uses gas payment system, attackers cannot get through the system. This has made Ether more reliable for the new tokens and it is also one of the best cryptocurrency.
my opinion opposite with you dude,i think that is ethereum weakness.we often to see eth network run slowly, and its confirmation take long time.when it happen gas standard rise alot.
TranPi16
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August 31, 2018, 03:27:46 PM
 #105

As I see it, 95% of ICO projects use Ethereum to raise capital. Ethereum uses the ERC 20 standard and the blockchain platform should be quite secure, fast transfer speeds, and security.
justspare
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September 01, 2018, 06:43:11 AM
 #106

Hey guys! I was just curious to know why most of the tokens I've been seeing have been on Ethereum. What are the benefits?
Because ethereum is in a field of its own when it comes down to token creation.

All the new coins provide the new solutions are actually still dependant on ethereum because none of them are capable of providing the insane level of protection ethereum provides. Ethereum gives you right to claim what is yours on an ICO, provides that security and there is no other coin like that which makes ethereum the second biggest coin in the market.

From now on, I doubt any other coin will be as big as ethereum for providing a platform for ICO's to give out their coins (creating a market for it) for getting paid in eth (getting investments) while the project is still underway (improving the coin) so it is only logical that ethereum is used in ICO.
rabia_laskor
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September 01, 2018, 05:42:47 PM
 #107

The answer is very simple. Ethereum is a good blockchain now. The market value is better than any other coin. It is popular and has better batter usability and efficient more.
lauder_larger
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September 03, 2018, 09:40:55 AM
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 #108

Hey guys! I was just curious to know why most of the tokens I've been seeing have been on Ethereum. What are the benefits?

It is a widely adopted and a well proven algorithm, it can handle a reasonable tx volume and it is accesible through many exchanges. It is quite useful frankly.
It is actually more like Ethereum has proven itself over this few years and has been able to show how much the team is working to keep getting things done better. However, it makes sense to assume that since Ethereum seems more like the talk of the smart contract world, and a lot of projects using it without any issues, and easy to set up, then, it is normal for every other person to follow put. The community support is also huge and there is no doubt Ethereum has become the dominant smart contract platform.
BlueStackz
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September 04, 2018, 08:13:35 AM
 #109

Ethereum is very flexible  for ICO  project  to adopt. Ethereum  is secure,  fast,  more popular and stable.  People  seem to trust project  built on the Ethereum blockchain.
In a layman's word, people prefer what they know others are using pretty well and they have no problem with it. Ethereum made the move with a smart contract platform and since then it has made it so easy for other projects to put their own token on the Ethereum blockchain.

Since ERC20 is more rampant, we sure know a lot of people will project owners will prefer to go for a well-tested on a large scale platform than a new platform that may not actually be ready yet for the large scale.
cuprice
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September 04, 2018, 10:25:20 AM
 #110

Hey guys! I was just curious to know why most of the tokens I've been seeing have been on Ethereum. What are the benefits?
It's because ethereum has the second most popular crypto and ERC20 token is easy to transact.
fortunecrypto
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September 04, 2018, 10:28:49 AM
 #111

Hey guys! I was just curious to know why most of the tokens I've been seeing have been on Ethereum. What are the benefits?
Because every investor are very much familiar on Ethereum and it is easy and secure to create a token on Ethereum roughly 95% of ICO are on Ethereum platform, this is the reason why they are the second most popular altcoins in the market today and they have no close competitor so far.

lena1
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September 04, 2018, 10:41:02 AM
 #112

Because etherium supports smart contracts that increase transaction reliability and speed!
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September 04, 2018, 10:57:09 AM
 #113

Ethereum was the first platform on smart contracts. That's why I was so successful. But now there is a large number of competitors. I consider EOS to be the most important competitor.
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September 04, 2018, 11:00:41 AM
 #114

Hey guys! I was just curious to know why most of the tokens I've been seeing have been on Ethereum. What are the benefits?

ETH platform offers easy to set up Smart contracts which can be sued to make the project over the ETH blockchain. This way these projects doesn't need any sort of blockchain of their own and thus they can get started quickly. This smart contract address also offers them easy to transact features where at the time of ICO people can just send the ETH to contract address and thus get their tokens instantly into their ERC 20 supported wallet address. This process is far simpler over the ETH platform as compared to the others and thats why they are using the most. Plus, ETH is most popular currency to be used for such transactions.
Anna Borisovna
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September 04, 2018, 11:23:16 AM
 #115

ICO on Ethereum are considered safer. And Ethereum Technologies has ready tools for conducting ICO, problem-free collection of money
Ethereum offers a standardized way of creating new tokens on its own blocking system - using the ERC-20 protocol.

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S[m]OKE
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September 04, 2018, 11:26:48 AM
 #116

Advantages in the speed of transactions I consider one of the big plus in conducting operations using an etherium network

Luckyinvestment
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September 04, 2018, 06:08:29 PM
 #117

I think we will see soon a lot of new tikens on the different platforms like XLM, EOS, ADA.
But on ADA it will later

Luckyinvestment
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September 04, 2018, 06:10:19 PM
 #118

ICO on Ethereum are considered safer. And Ethereum Technologies has ready tools for conducting ICO, problem-free collection of money
Ethereum offers a standardized way of creating new tokens on its own blocking system - using the ERC-20 protocol.

I dont think that on Ethereum are considered safer. Just before there were no other platforms on which it would be possible to implement what can be done on

lihaidong198871
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September 04, 2018, 07:24:07 PM
 #119

As Bitcoin is the first coin in the cryptocurrency industry, ETH is the leading platform for ICO projects, they know what they must do and what changes they make to startups choosing ETH as the platform to use.
nizamcc
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September 05, 2018, 06:10:00 AM
 #120

As Bitcoin is the first coin in the cryptocurrency industry, ETH is the leading platform for ICO projects, they know what they must do and what changes they make to startups choosing ETH as the platform to use.
Honestly, it's a mystery to me, too. Apparently flies just smell that came from Ethereum and decided for him to fly. To my mind it's true story.
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