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Author Topic: Swapping useless ERC20 Tokens  (Read 432 times)
trade2winnn
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June 15, 2019, 07:13:52 AM
 #41

Well, in General, a lot of projects that will now leave the market,since they either have already spent money,or initially they did not have a development perspective,and on the HYIP of 2017,they collected money,and then when there was growth,everyone rushed and bought them,although these projects are not worth anything at all,so to say the market will be cleared
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rosezionjohn
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June 15, 2019, 07:23:02 AM
 #42

I have my fair share of tokens from abandoned projects  Cheesy
There are some that offers swapping in exchange of a new token from a different team but the offer is only limited.

You can dump it at whatever price if it's listed and there are still buy order or you can simply ignore and keep them as memento.
Create a new wallet and transfer your more valuable tokens there.
dipeco
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June 15, 2019, 09:46:26 AM
 #43

You can wait for a long time and maybe some of them are going to raise from ashes in the future, but there is nothing you can do about them besides storing them on your wallet. Maybe, try to sell them of Forkdelta or similar DEX.
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June 15, 2019, 09:49:23 AM
 #44

I think OP already receive a lot of answer,  as you title already mention that useless Erc20 tokens, you really can't do anything unless project continue development or the tokens get listed on exchanges. I've some "useless" tokens in my wallet more than 1 years. I think the project is dead, but suddenly project get listed on exchanges, so everthings is possible on cryptocurrency world.
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June 15, 2019, 10:33:21 AM
 #45

It will be in your wallet forever, we can't do anything for useless tokens. Its depending on the project, if the project doesn't have development, the token will become garbage.

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June 15, 2019, 10:58:08 AM
 #46

Currently most of the ERC 20 token applications I have seen are in insurance, betting and finance. And these areas are actually not superior to traditional finance. So maybe you haven't seen the ERC 20 yet
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June 15, 2019, 11:12:31 AM
 #47

You can't swap a crypto it doesn't have any value because who can be that much stupid to buy something which doesn't have any value at the moment.

So keep them in your wallet and there maybe some miracle happens that the poject reopens then you might has something to sell it for.









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June 15, 2019, 11:14:30 AM
 #48

One of my friend wanted to create service like magic box containing different random tokens. You buy this box, some tokens are worthless and some have value. So perhaps this idea can give  second chance for useless tokens

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June 15, 2019, 11:14:57 AM
 #49

Currently most of the ERC 20 token applications I have seen are in insurance, betting and finance. And these areas are actually not superior to traditional finance. So maybe you haven't seen the ERC 20 yet
this is useless token in cryptocurrency,i think its developers team create projects just to earn money.they have no quality as blockchain or crypto developers.personally i will not participate in this kind projects.most of them has no value in market.
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June 15, 2019, 11:19:57 AM
 #50

No you can not swap the useless tokens no one can buy that tokens, it will remain forever in your wallet, there is no delete option just leave them there.

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June 15, 2019, 12:58:50 PM
 #51

Is there anything one can do with useless ERC20 Tokens? For example, a discontinued project or a bunch of scam developers.

Just leave those tokens in your wallet, as a decorate. You cannot do anything.
Where did you get the tokens ? I got many tokens from bounty campaigns, but unable to sell that because the price so low.
There are only a few projects are worth to doing the bounties and investing nowadays.

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July 25, 2019, 06:42:54 AM
Last edit: July 25, 2019, 07:09:48 AM by onyabike
 #52

Scammers love erc20 tokens, you create the supply and you get to distribute it out. While there are some legit erc20 projects it is a chain plagued with scams.

I don't like erc20 tokens I don't consider them blockchain, they are centralised and I guess you could consider premined and backed and created out of nothing just like the USD.

I see erc20 tokens lower than dog shit, atleast dog shit doesn't try to hide the fact it's shit, erc20 on the other hand is like dog shit rolled around in glitter and now someone's trying to sell them as gold nuggets and diamonds to you giving you the false illusion you've got something of great value.
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July 25, 2019, 07:05:40 AM
 #53

Erc20 is the easiest tool for scammers because ETH smart contract is open source and free for everyone so we will continue to see useless erc20 tokens and no solution or way to swap them

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July 25, 2019, 07:34:44 AM
 #54

Is there anything one can do with useless ERC20 Tokens? For example, a discontinued project or a bunch of scam developers.

I have a lot of these shit tokens coming from airdrops and scam bounty rewards and I'm searching a way on how to get rid of it with profit, but there is no project like that where you will get rewarded with the tradeable coin by just swapping your dead erc20 tokens, really annoying to look when you check your wallet.

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July 25, 2019, 08:01:41 AM
 #55

Nothing can be done. The project is just dead, except you want to form a community and start pumping and dumping the coin. Most of of tokens from bountyhive projects are now a spam on my ERC20 wallet. I just disable them on Imtoken 1.0.
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July 25, 2019, 08:11:05 AM
 #56

there is a project called coin janitor (https://www.coinjanitor.io/) that aims to solve this problem... has anyone tried?
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July 25, 2019, 11:01:27 AM
 #57

Is there anything one can do with useless ERC20 Tokens? For example, a discontinued project or a bunch of scam developers.

I have a lot of these shit tokens coming from airdrops and scam bounty rewards and I'm searching a way on how to get rid of it with profit, but there is no project like that where you will get rewarded with the tradeable coin by just swapping your dead erc20 tokens, really annoying to look when you check your wallet.

Me too, pal. What I did is just transfer the coins that still has a value to a new Erc20 address just to stop having a bad mood when I see those useless tokens taking up all my wallet in that previous address. And another thing that bounty hunters did wrong is they join a bunch of airdrops without doing research so they have 50-100 shitcoins on their wallet.
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July 25, 2019, 11:04:13 AM
 #58

I hold several of those tokens that went into swap. The most recent one is eql whose swap I missed thinking I was holding till the next 5 years. Now it has become another worthless crap in my wallet

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July 25, 2019, 11:10:01 AM
 #59

Is there anything one can do with useless ERC20 Tokens? For example, a discontinued project or a bunch of scam developers.
There is no way but to wait until it gets value or listed in an exchange. It's better to just keep it rather than burning it so you would not waste gas for making thar transaction. We have to accept the if our coin has no chance to have a value.
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