Do people still create new ERC20 tokens/projects nowadays?

[Wapfika]

I think people would still consider ERC-20, taking in the consideration of its simplicity and ease, compared to building a completely new blockchain which takes more resources, time, and effort.

If creating a whole new platform will lead to solve the problem of scalability of ERC-20 then creating one completely is a good investment or invention to focus too. Though the non ERC-20 token might already have their ways to solve it but still did not attatin erc-20 popularity then users might still consider the typical process erc-20 serves that many still chooses it till now, even scalability issues arises.

[Rampagoe004]

For now ERC-20 is already less interested because many ICO projects are scam, so investors have switched to the blockchain, but IRC-20 still survives because we are easier to use when compared to the blockchain, if the ICO project will run like two years ago the IRC-20 will return many interested ones.

[Teraboy]

For now ERC-20 is already less interested because many ICO projects are scam, so investors have switched to the blockchain, but IRC-20 still survives because we are easier to use when compared to the blockchain, if the ICO project will run like two years ago the IRC-20 will return many interested ones.

What you are saying is not based on the fact and you just try to take a random conclusion without providing any proof about that. FYI, if you are seeing where is platform that has already used by more than 70% of IEO to issued its coin and they are all still using ERC20 right now.
It looks like IRC is for security token. But a lot of projects are still used ERC20 (include IEO too)

[jossiel]

Yes, there were still some projects that doesn't stop creating their tokens as ERC20. They are trying hard just to make a decent project out of it but it won't be easy for them these days because a lot of us were already done with it.

There's no more purpose for their creation. If there's any, it's just about PR and they can't even give a better idea because that's what was being bought before. And if you see another ERC20 token that runs an ICO, you could simply ignore them.

[iyah adrian]

Every day the project and ERC20 are always born.
For the purpose of ERC20, most of them have their respective uses. Can be for fees or other things. You can see for yourself, in various ICO / IEO platforms, many projects are born day after day. I did not know the project was dead or could survive today.

[bryant.coleman]

not necessarily so. a lot of good projects first create ERC-20 tokens, but when the project begins to develop, they switch to their own blockchain and swap tokens

How many projects have done that? Out of the thousands of ICOs I have studied, only a handful have started using their own blockchain. And even the very few projects which have done so are not faring that good at the market. One example is that of CHX. This one was using the ERC-20 platform earlier, before shifting to a separate Blockchain. But as you can see from the charts, CHX prices have declined from $0.30 to around $0.02 now (in less than 10 months). Another example is that of Aion. In this case the price declined from $10.00 to $0.07.

That said, I have to admit that there have been some success stories as well. I can give TRON as an example for a successful project getting to an ATH after the token swap.

[Inu.Guren]

I was wondering if ERC20 tokens are still useful today and if people still create projects around them? I know the ICO 'feast' is kind of over and that was the main purpose people were launching these tokens for.

Greetings to the community,

Liviu

i don't think so, because now are many shittoken released based on Ethereum ERC20, because people can create and deploy their own smart contract in Ethereum with just knowlegde about javascript programming.

i'm not interest in ERC20 (just few) now i'm really interest with some project where they have own blockchain

[BRODIN]

the party is still continuing, there are still many new companies launching their own projects in this industry, even every day there are many ico projects that emerge. so it can be said that the erc20 platform is still useful, it's just that many developers misuse this platform for negative things, especially project fraud.

[3DBrushes]

I can create another shit token on ERC-20 and name it Zyx token. This can be fine within 20 mins of work asking with small amount of ether. So do you still think people will stop creating ERC-20 tokens? I think no. Technologies is easy as f*ck these days and filled with alot of scammers and misusers.

[Peanyut991]

Yes erc20 tokens still exist today, even I'm sure it will last for the next 5 years. I think ICO is not the main reason in making Erc20, because there are some projects that make ERC20 tokens without raising funds from ICO to build the project.

[Ultimist]

People are still creating tokens and I believe some of them can succeed in the future. It seems to me that there will be new ways to raise funds for the project and I hope that promising projects will become more and more.

[Eildosa]

People are still creating tokens and I believe some of them can succeed in the future. It seems to me that there will be new ways to raise funds for the project and I hope that promising projects will become more and more.

This would be an ideal development, but unfortunately hardly feasible. On the contrary, it seems to me that soon the creation of new projects will come to naught, because the number of scammers exceeds the number of good projects.

[posi]

For now ERC-20 is already less interested because many ICO projects are scam, so investors have switched to the blockchain, but IRC-20 still survives because we are easier to use when compared to the blockchain, if the ICO project will run like two years ago the IRC-20 will return many interested ones.

ERC20 is never less interested to the crypto investors despite the numbers of scam projects and what investors are after now are choosing the right project which is why the strongly believe in IEO hosted by a big exchange site which has a good reputation. However, the IRC-20 you said which this was the first time I hear about it yet to be noticed by the crypto sphere and ERC20 still stand as new project owner and investors choice.

[kooboat]

The main season for ERC20 projects may seem to have end but there are couple of projects that have come up in recent times based on the ethereum blockchain network with great prospects. Some IEO projects are also making use of ERC20 tokens hence it seems the party is not yet over.

[Kang TB]

I was wondering if ERC20 tokens are still useful today and if people still create projects around them? I know the ICO 'feast' is kind of over and that was the main purpose people were launching these tokens for.

Greetings to the community,

Liviu

of course yes,
because as you can see a lot of IEO project now still created with ethereum platform my friend
maybe the token created on ethereum platform is lower than before, but this platform still exist to create new ERC20 token

[minairia3]

I think most IEO projects are using eth smart contract and used erc20 tokens. So I think that is really useful at all dont you think? The only problem with erc20 tokens is this is been used by scammers to fool many investors for a fake ICO investment. Literally project used erc20 tokens but have plan to launch their own chain.

[judeafante]

I was wondering if ERC20 tokens are still useful today and if people still create projects around them? I know the ICO 'feast' is kind of over and that was the main purpose people were launching these tokens for.

Greetings to the community,

Liviu

yes it's still the most popular token creation majority of ICO IEO toekn are on ERC20 token, it's easy to create the fee is very minimal and ther transaction is fast, there's still no competition when it comes to token creation.

[jossiel]

Yes, there were still some projects that doesn't stop creating their tokens as ERC20. They are trying hard just to make a decent project out of it but it won't be easy for them these days because a lot of us were already done with it.

There's no more purpose for their creation. If there's any, it's just about PR and they can't even give a better idea because that's what was being bought before. And if you see another ERC20 token that runs an ICO, you could simply ignore them.

not necessarily so. a lot of good projects first create ERC-20 tokens, but when the project begins to develop, they switch to their own blockchain and swap tokens

Yeah, I'm aware of that. As I've said earlier, there are still some that are existing and are into the creation of this kind of coin. It's their starter and most of the successful coins now that has launched their mainnet, started out with ERC20.

With the availability and ease of creating token with smart contract, most of the upcoming projects will always consider creating their coin with it. And once they are established and has decent budget, they can go for mainnet launching.

[bitcoinposts]

Erc20 tokens projects are still in demand many new company are coming with liquid diet and later they are continuing with main net

[lousie9]

You can see in the bounty thread that there are still many companies developing their projects using the erc20 platform, so I think the erc20 platform is still useful and is still widely used to fund their projects. but many of them use the erc20 platform for project fraud.