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Author Topic: Coins or Utility Tokens?  (Read 524 times)
mk4
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December 26, 2019, 04:02:05 AM
 #21

I think otherwise.  It is great to see new tokens and coins that caters the needs of people.

*snip*

The thing though is, most of the tokens and coins being created are completely unnecessary. We already have bitcoin(and probably ether), and that itself covers a lot of things already. Name a single thing that bitcoin/ether couldn't cater to the needs of certain people that a new altcoin could.

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December 26, 2019, 04:45:29 AM
 #22

Most token projects are trash because they aren't hard to build and that is why scammers use tokens the most, i like coins because most i have seen this year are actually real projects like tecra coin, veil privacy coin, its going to be more tasking for scammers to build coin to scam people when erc20 tokens can get built in minutes

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December 26, 2019, 04:54:13 AM
 #23

Im looking for use case where all application on the real world can be used and set up an ecosystem for that coin or token. Actually I dont mind whether its a coin or tokens. The only advantage of token over coins is the ability to be used by our phojes which is very convenient unlike most coins that uses PC or laptop to be able to transact via marketplace.

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December 26, 2019, 05:12:43 AM
 #24

I don't think about both. because in my opinion, tokens or coins that appear incompetent. only add junk coins / tokens only. in my opinion, it's better to develop an existing coin or token, and have a future. at least if it can't help for development. better support it with investment. it will be better.
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December 26, 2019, 05:27:07 AM
 #25

I don't want to see more token project because they are mostly garbage, the freedom that vitalik gives smart contract users have become the scammers den because of its simplicity unlike Tron network that doesn't tolerate such

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December 26, 2019, 06:35:55 AM
 #26

Some of the comments I read hated tokens like me. Yes, indeed tokens are like parasites. In my understanding, they come without using the most basic thing, the blockchain itself. So I consider it nothing more than junk.
What do I want?
Of course, in 2020 I would love to have a coin that combines the game with the coin itself. Yes, this is not new, but here I want a game like RPG or MMORPG where the coins are obtained after doing missions, mining in a cave or something else and can be traded in the game to fellow players. In a sense, the coin is the FIAT of the game's population.
With this, I think the adoption and introduction of crypto will become more rapid.



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December 26, 2019, 07:36:39 AM
 #27

If we want the adoption of cryptocurrency to increase globally then we need more tokenization of the current companies assets on the blockchain. The bitcoin maximist will hate this since all they're interested in, is seeing bitcoin succeed and dominating not minding if it's at the cost of other project. That's why they hated the fact ethereum gave rise to easy tokenization of projects. Not trying to say I'm against bitcoin succeeding or dominating but the industry has grown beyond just bitcoin so when the issue of adoption pumps up it should involve the entire industry and not just bitcoin. So I'll go with utility tokens although not those shitcoins duplicating already existing utility but introducing something new and having their planned whitepaper to bring their ideology into implementation.

Coins will be introduced with their native blockchain which means introducing new blockchain which might be stressful to maintain so instead they should leverage on already existing blockchain and developing society impacting project and not just disguise scam. The bitcoin/ethereum blockchain still has a lot to offer plus many other existing blockchain. We might not need more at the moment instead we need more global acceptance (adoption) and utility tokens might just do the trick.

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December 26, 2019, 07:42:48 AM
 #28

At present time in the crypto space. Yes there are more and more projects coming up every day. New coins and tokens. What would you rather see more of this time that be more useful to you?

Coin or a Utility token that can be earned by doing something else?

Why do you think a Coin is what you want to see?

Or Why would you want to see more Token projects?

or why you would not want to see either of both

Tell us your reasons why. this be neat
Blockchain technology adoption is increasing in all existence industries such as data storage, banking, FMGC, transportation, gambling, medical, engineering, hospitality, real estate, asset based business etc & will going to create a lot of new business models. We can see lot of new projects are being launch everyday with new concept trying to disrupt existing business model with help of blockchain technology some are genuine but some turned out to be scam after some time mostly utility tokens because they fail to create huge userbase. I would like to see coins or tokens (Utility or security)  which can help to boost cryptocurrency adoption faster.

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December 26, 2019, 07:52:58 AM
 #29

Projects that use the EThereum ERC20 platform have become a hotbed for scammers because of the freedom given. But not all projects turn into scammers. We will see that the development of the Ethereum 2.0 platform might be better and be able to overcome the scammer project on the ethereum platform.

I like both Coin or Utility Token, both have their own technology and strengths
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December 26, 2019, 08:19:31 AM
 #30

I am not really fan of tokens but i hold some of them since i used them for trading purposes and i can see that some of the investors are buying them with the same purpose. And, maybe i will switch to coins since some of the Utility tokens does not have purpose at all but to make profit in trading and a lot of them are popping up nowhere.

And i think holding coins is much good for a long term holding if you are smart enough to trade them in market.


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December 26, 2019, 08:26:02 AM
 #31

I hate tokens, they are just worthless tokens created from new projects for the purpose of raising capital to develop projects. And look at the past 2 years that no tokens have become coin and have value. Token is scam so we don't need to hold and pay attention to it, it is better to buy coin and hold until the uptrend market. And I believe that today no investor is interested in new projects and new tokens except for bounty hunters
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December 26, 2019, 08:38:44 AM
 #32

I'm not expecting a new 'next bitcoins but looking for new projects that have real good use cases, utility tokens are good but developers are the bad guys here, creating them for their own selfish gains

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December 26, 2019, 08:45:29 AM
 #33

At present time in the crypto space. Yes there are more and more projects coming up every day. New coins and tokens. What would you rather see more of this time that be more useful to you?

Coin or a Utility token that can be earned by doing something else?

Why do you think a Coin is what you want to see?

Or Why would you want to see more Token projects?

or why you would not want to see either of both

Tell us your reasons why. this be neat

I think you're getting it wrong. Of course it's important to have tokens or coins. But what matters is what they can do and achieve in the background. Of course, choosing a coin with mining seems more logical. But there are so many mining trash ...

If you consider the topic more widely, you can see it.
To give an example, Verge coin has upset its investors for the last 2 years, while the token BAT has made its investors very happy.

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December 26, 2019, 08:57:21 AM
 #34

I think otherwise.  It is great to see new tokens and coins that caters the needs of people.

*snip*

The thing though is, most of the tokens and coins being created are completely unnecessary. We already have bitcoin(and probably ether), and that itself covers a lot of things already. Name a single thing that bitcoin/ether couldn't cater to the needs of certain people that a new altcoin could.
As means of payment you got is right right but bitcoin and ETH are not so enough for global needs, how anonymous is bitcoin and ETH? That is why we have monero and other privacy coins right?

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December 26, 2019, 09:26:34 AM
 #35

I think otherwise.  It is great to see new tokens and coins that caters the needs of people.

*snip*

The thing though is, most of the tokens and coins being created are completely unnecessary. We already have bitcoin(and probably ether), and that itself covers a lot of things already. Name a single thing that bitcoin/ether couldn't cater to the needs of certain people that a new altcoin could.
As means of payment you got is right right but bitcoin and ETH are not so enough for global needs, how anonymous is bitcoin and ETH? That is why we have monero and other privacy coins right?
that's enough as long as there will be more solutions to fix the scalability problem on bitcoin or ethereum. ethereum and bitcoin are psedonymous and that's enough when you are wanna create a common transaction. when you will create a tx that is really need more privacy and anonymous coin will be the solution for this.
You must understand about what's the real purpose of privacy coin. To make others can't trace your transaction or activities related to your address.
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December 26, 2019, 09:32:39 AM
 #36

At present time in the crypto space. Yes there are more and more projects coming up every day. New coins and tokens. What would you rather see more of this time that be more useful to you?

Coin or a Utility token that can be earned by doing something else?

Why do you think a Coin is what you want to see?

Or Why would you want to see more Token projects?

or why you would not want to see either of both

Tell us your reasons why. this be neat

I don't really understand the comparison as the projects and their quality differ from each other very much. There's a lot of useless token projects, as there are lot's of useless new blockchains that end up being unsecure. Some of them serve the purpose and some not. If there's a good enough platform to build tokens on to, can you really complain that people want to build on it?

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December 26, 2019, 09:44:55 AM
 #37

At present time in the crypto space. Yes there are more and more projects coming up every day. New coins and tokens. What would you rather see more of this time that be more useful to you?

Coin or a Utility token that can be earned by doing something else?

Why do you think a Coin is what you want to see?

Or Why would you want to see more Token projects?

or why you would not want to see either of both

Tell us your reasons why. this be neat
Maybe if there are tokens that really good, have active developer i will pick it. But for now i will prefer to do trading like usual. Lose or profit is in my own hand and not do any kind of investment anymore since it is more like to lose than a profit. If people back to trading like in past, and trading volume in some exchanges getting high again, crypto community will be better than now.

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confreslamp
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CINEMADROM ⥋ BLOCKCHAIN FILM PLATFORM


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December 26, 2019, 10:29:05 AM
 #38

Coins are a better shout, but not the new ones. All coins and tokens have failed to perform well during the whole year and the best coin was BTC. In top 20 altcoins there are tokens, so the choice is obvious.

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December 26, 2019, 10:36:35 AM
 #39

At present time in the crypto space. Yes there are more and more projects coming up every day. New coins and tokens. What would you rather see more of this time that be more useful to you?

Coin or a Utility token that can be earned by doing something else?

Why do you think a Coin is what you want to see?

Or Why would you want to see more Token projects?

or why you would not want to see either of both

Tell us your reasons why. this be neat
Tokens were already over populated in the crypto space so investing on it has less chance of giving you any benefits becomes less when compared to a coin.

But not all the coins also lasting too long,so DYOR research to find better potential coin for investment.
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December 26, 2019, 10:47:53 AM
 #40

I'm not expecting a new 'next bitcoins but looking for new projects that have real good use cases, utility tokens are good but developers are the bad guys here, creating them for their own selfish gains
Most of the incidence of scammed projects cause by this developers, dishonesty are the worse part market even there's a good proposals but investors already being frustrated by the way market runs currently. It's needs to have a good marketing strategy and good team behind to attract investors back.

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