Time that there will be no new altcoin projects anymore

[fortunecrypto]

Since the creation of Ethereum and other smart contract-based and token creation platforms we have seen the number of newly launched projects token created, we now have thousands of dead tokens and coins but many are still create it seems many tokens just come and go.

Do you think we will have a time that there will be no new tokens created and people will stop investing and supporting new tokens or coins?

[cryptoaddictchie]

Do you think we will have a time that there will be no new tokens created and people will stop investing and supporting new tokens or coins?

Not sure about that. Usually people loves a new hype for new projects. Yes we have too many existing projects before that are now dead and most likely many will be added. Some might stopped already due to scam but there are still always venturer for this kinds of projects hoping to earn profits easily. I cant blame them some of them have earning so big when investing on newly released projects and jump again to another new one when there is one.

Maybe it will stop if there is a rule attached by government but with a decentralized space like this. I doubt there will be for the meantime.

[GreenStox]

I don't think so in the sense that development in crypto will continue.
if no new tokens are created then crypto has reached the final stage in the sense that it has reached its maximum.
is that true? I think there are still many sectors that need to be addressed, the dead projects that have sprung up are just obstacles or obstacles.

[Akiko]

Yes if no one will be interested to buy that shit anymore I don't think developer will continue creating a tokens.

They only make that because there are also many people want to invest and take the risk to earn money from the tokens they created. There are also person being hired to be one of the ambassador and accept tokens as payment .but they are recruiting many members to join thats why its easy for developer to have the community they need, because there are many people supporting it even though they know this can also be scam in the long run.

[Bitcoin-Pro]

Since the creation of Ethereum and other smart contract-based and token creation platforms we have seen the number of newly launched projects token created, we now have thousands of dead tokens and coins but many are still create it seems many tokens just come and go.

Do you think we will have a time that there will be no new tokens created and people will stop investing and supporting new tokens or coins?

i agree, having many tokens which are not accepted to use in any store, is worthless.
we can see tokens has pretty ideas, pretty names, but they have price for exchange only, they are not accepted to buy hosting, or any online service or goods.

we only see some established coins as like BCH, LTC and few others beside BTC are accepted as real money on major online stores.
but tokens? i couldn't find any store accept it, they only has price for exchange, nothing more.

[Francis Freeman]

Since the creation of Ethereum and other smart contract-based and token creation platforms we have seen the number of newly launched projects token created, we now have thousands of dead tokens and coins but many are still create it seems many tokens just come and go.

Do you think we will have a time that there will be no new tokens created and people will stop investing and supporting new tokens or coins?

This is absolutely not going to happen. Yes there are lot of dead tokens some which failed and some very obvious scams . But so are there dead startups which tried to solve something but failed.
Similarly there will be new projects which try to save some new problem all the time.

[bakasabo]

i agree, having many tokens which are not accepted to use in any store, is worthless.
we can see tokens has pretty ideas, pretty names, but they have price for exchange only, they are not accepted to buy hosting, or any online service or goods.

we only see some established coins as like BCH, LTC and few others beside BTC are accepted as real money on major online stores.
but tokens? i couldn't find any store accept it, they only has price for exchange, nothing more.

I guess you have a misunderstanding what tokens really are. They are created not to be traded in stores in the future. One of token roles is to be able to give its holder to be the part of a project. Second role is to be a financial base of a project. Third role is to attract funding in the project on exchange to a token. You cant just count Apple, Google, Amazon stocks useless, because you cant use them as a direct payment in stores and "major online stores" accept or dont them as a payment with fix price.

[Bitcoin-Pro]

i agree, having many tokens which are not accepted to use in any store, is worthless.
we can see tokens has pretty ideas, pretty names, but they have price for exchange only, they are not accepted to buy hosting, or any online service or goods.

we only see some established coins as like BCH, LTC and few others beside BTC are accepted as real money on major online stores.
but tokens? i couldn't find any store accept it, they only has price for exchange, nothing more.

I guess you have a misunderstanding what tokens really are. They are created not to be traded in stores in the future. One of token roles is to be able to give its holder to be the part of a project. Second role is to be a financial base of a project. Third role is to attract funding in the project on exchange to a token. You cant just count Apple, Google, Amazon stocks useless, because you cant use them as a direct payment in stores and "major online stores" accept or dont them as a payment with fix price.

i understand what tokens are, invest, hold, to earn more. as like Proof of Stack. but then what? it's price will increase? there is Bitcoin.

imo, if crypto coin was not accepted on major stores, it's worthless.

Apple, Google, Amazon stocks are not useless because there is real products behind it, but tokens are just pretty face to bring investors and mostly there is no product behind it, just hold to earn more (PoS). this is worthless and we could see later 100s tokens like this.
there is UniSwap, SushiSwap, BurgerSwap, and i can create similar.

[imstillthebest]

theres dead but theres also alive . if theres alive means there is a chance so why will they stop ? but if theres no chance and all creations are dying then theres no point of wasting efforts of producing a project  .

 creators arent only the one that enjoys thier profit but we people also enjoy the benefits of thier creation because we can apply it on our real life daily  , this is why people dont stop on investing on them but getting scammed can be a tiresome . people that got scammed will stop when they had enough

[Maxstl007]

Since the creation of Ethereum and other smart contract-based and token creation platforms we have seen the number of newly launched projects token created, we now have thousands of dead tokens and coins but many are still create it seems many tokens just come and go.

Do you think we will have a time that there will be no new tokens created and people will stop investing and supporting new tokens or coins?

I don't think we will stop seeing new tokens in crypto market anytime soon, the worst that can happen is less interest from investors, I believe that investors are getting smarter nowadays, in near future there will be less scam projects because we will see better fundraising event than what will have now that will erase scam but for now my worry is on newbies, they still don't want to learn, not until they fall for scams

[Anonylz]

The more old projects die off the more new ones will be created to match with the growing demand of the society, and lets not forget this smart contract base projects will always remain there and so long they are still available there is opportunity for new project to be created, it is even exhausting to go through the list of projects we have in the market,
The advent of defi project makes the situation even worst, it's as if defi project are being created on a daily basis, most of them have nothing but ridiculous concept yet people troop in in millions, sad.

[Greatdev]

There will always be new altcoins in this space, what do you think will happen to all projects like Ethereum, Neo, Tron and others that have one utility in common? Smart contracts are alive today because developers are using the Platforms to build new projects, think about it OP and you will understand

[Greatdev]

Another point is that crypto space isn't centralized, no developer will go through some kind of screening so everyone is free to build projects, we now have many decentralized exchanges amongst us isn't it? There are ways to completely evade centralized in this space, that freedom will forever be alive.

[so98nn]

You can not stop a free will…!

This is open source market, you can either create a private project or call the buddies to join yours and develop it further. When you get limitless resources, what would be your first step? We’ll surely creating something that belongs to you, a project which will get financed with public wallet and that’s what happening in the crypto space currently.

This is non ending process and described by our fellow members above this is new investment opportunities, new way of earning money, and fame for that matter.

So yeah it’s not gonna end ever.

[Shallow]

Not sure that will occur. First, innovation is what drives most developers into creating or building a project, and these types of projects tends to last long term. Since the innovative ideas will always be there, it means new tokens will always be created.
Secondly, hype also drives most developers into creating a project. This particular instance is on the rise every now and then, that is, once there is a particular hype in the crypto space, many developers will bank on it to create theirs. Also, since the hype will always be there, developers will keep creating new tokens, as usual such tokens do no last. Typical examples of this case is seen during the ICO era, as well as during the early days of IEO; in addition, even the DeFi trend pulled a lot of hype as well.
So, it is my belief that new tokens will always be created as there are cases that drives its creation. But in all, there is need to be careful especially for the second instance because with hype comes scam projects and exit scams.

[devil2man]

personally I do not believe that this thing will ever happen as long as the blockchains of tron, eos, eth and the others offer the possibility to create new tokens at low prices and as long as there is demand on the market there will always be some new project that will produce and launch new altcoins on the market for their profit

[michellee]

Do you think we will have a time that there will be no new tokens created and people will stop investing and supporting new tokens or coins?

I don't know about that, but I guess that will not happen. As long as people can see that the crypto can give them money, they will create a new project to invite more people to invest with them. If people see the crypto's potential, they will still use it, and they will support the new tokens or coins because we already see it from a long time ago, and it still happens until now. But if many people lost their beliefs in the new projects, that will be a sign for the new project to stop the launch.

[jademaxsuy]

Yes, but as smart as we are with making smary contract there will be another way or will have an innovation regarding on cryptocurrency. We really do no know what will happen to cryptocurrency ahead.

In your case with the speculation you had stated about the creation of tokens will be eradicated then it is possible. High chance that creation of new tokens will going to end and we will be focusing on the investment and use of the existing tokens or coins. But I think all will going to focus on bitcoin as it is the best coin of cryptocurrency.

[ansarose1]

I think as long as cryptocurrency is on the run, new altcoins would be introduced day by day by new upcoming projects. It's hard to say that crypto would be no longer in use in the future since it is growing annually and adopted by many countries. In order to stop altcoin productions, cryptocurrency should be shut down first.

[bitkanu]

Do you think we will have a time that there will be no new tokens created and people will stop investing and supporting new tokens or coins?

I don't think if that will happen for sure. Im thinking about so many projects have been working under the decentralization and there will always be a new project since this is a speculative market too.

People will always look for the new projects to be used as the new speculation to generate instant profit. So many times people have published that if someone will able to make more than 10x instantly from the legit coins.
Crypto will last forever along with the technology that will always be going to be developed for the future.