Time that there will be no new altcoin projects anymore

[ven7net]

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 believe that tokens will be issued in 10 years, the only question is who will issue them and why. Now, as far as I see, the cryptocurrency system is undergoing a test. Both the technology and the release of cryptocurrencies and tokens are being tested. Perhaps someone is warming up before everything we know begins to be tokenized and then we will see the real dawn of this industry. I believe in it and hope that we all see it and get more great opportunities.

[jrrsparkles]

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?

If no one is ready to invest on a new project then yes there will be such time but for now it is not in the vision since most of the crypto investors are eager to invest on good new projects and will dump the tokens for huge profits when it listed on exchange then they will keep watching for the next good projects.

[Kezacky]

the problem is that creating new tokens using the ethereum platform is so easy that scamers can easily launch actions through this platform, They take advantage of this to get the thrill of crypto users and usually they will start migrating to their own platform when the time comes. on the other hand, there are indeed many projects that only take advantage of the hype and get a lot of money from investors and eventually become trash tokens.

[South Park]

the problem is that creating new tokens using the ethereum platform is so easy that scamers can easily launch actions through this platform, They take advantage of this to get the thrill of crypto users and usually they will start migrating to their own platform when the time comes. on the other hand, there are indeed many projects that only take advantage of the hype and get a lot of money from investors and eventually become trash tokens.

It is such a shame that something that was created with the best intentions in order to make it easier for developers to create their own coin is being used by scammers for this purpose, but at the same time I wonder how many times people are going to fall on the same scam over and over again, how many times people need to be scammed to learn that you should not invest in those new coins because if you do there is a high probability of losing your money?

[FloridaKid]

There will always be new projects because new team will rise up and introduce new ideas that will be useful for crypto users, be prepared for more and more new crypto projects and do your own research to avoid scam projects, this is your duty as a crypto investor to avoid losses or getting scammed

[baiwei]

I don't think that case would happen in the market. Because as long as people innovate and try composing better coins new ideas will pop up and always come to merge and will become a new form of the future projects that investors may select.

[Rowenta]

There are still many fresh or new ideas that haven't make their ways into crypto space yet if we have a power to stop the production of new projects aren't we hurting ourselves and blockchain technology? New projects will always come into crypto space no matter what, learn to choose the good promising projects among the bad projects

[Inkdull]

It's never going to happen mate, new projects will always come around and if you don't like it just stick with old crypto projects, as I can tell many new projects have performed better than old projects since 2018, if new projects aren't allowed anymore we won't have chainlink on top 5 today, Polkadot made it to top 8 too

[South Park]

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 so, at least not anytime soon. As long as people continue to innovate, new ideas will always emerge that will become the basis for future projects (altcoin / token ).Besides that, new problems will always arise that might be solved with blockchain technology and cryptocurrencies.
Maybe new altcoins will stop appearing when new technology replaces cryptocurrencies, the government starts banning cryptocurrencies, or maybe investors stop investing because of too many scams.

New coins will always appear because that is just human nature, it is natural to look at something that exist already and say I can do that better, most people never proceed to show that they can but there are a few that do so, and an example of this was satoshi, he looked at money and saw that we were headed to a direction that he did not liked and set himself to create a new form of money and out of that he created a market that at the time is worth half a trillion dollars and it does not seem there is a limit to the growth we can experience.

[Octular]

New projects will come I believe. Hopefully people get a bit more cautious about ju,ping onto new projects without solid plans and good teams

[enhu]

Unlikely it will happen for the next 20 years because the new standards will change the industry conditions and the new projects will find feasible solutions to these problems. The investors will find an excuse to invest more no matter there is a newly launched crypto projects or not.

That is for the old investors but for the new investors and can't afford to buy the old projects that had already moon, the new investors will just bite every project that they think will also give them a fortune.

There is no SEC that will control developers to pursue a new project to compete with the old ones. Right now we can find hundreds of exchanges but there will be thousands more created because the industry still is very new. Not more than 20% of the entire population on earth even hold BTC nor altcoins.

[kramat]

We can't stop new projects from coming and they will come every day, some want to bring new concepts and some just want to fool everyone. Remember if crypto is growing, even if all countries have legalized crypto there may be hundreds of projects every day

[pedrillo0]

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?

Many scammers take advantage of investors with supposed new projects!

The time will come when you don't support these new projects.

Or just new innovations will come ...

[CryptoLogo]

I don't think that case would happen in the market. Because as long as people innovate and try composing better coins new ideas will pop up and always come to merge and will become a new form of the future projects that investors may select.

I believe that this can still happen, but only under certain circumstances that will force everyone to suspend work and the release of new projects.
Such circumstances can be called world wars and other global things that contribute to complete discord between people.

[Argoo]

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 do not think that will happen. Just as the circle of life goes, there will always be new projects to compensate for the dead ones. I have been observing the crypto space and it's clear that people will keep on investing as far as they know they can get some gains from it. That is why DeFi grew very popular this year.

Yes, new projects will always appear.  Humanity is constantly evolving, it cannot stop in its development.  Therefore, a new application for cryptocurrency will always be provided.  New tasks and new opportunities for solving them constantly appear before a person.  It will always be as long as we exist.

[Towerbreeze]

New ideas will always be born in crypto space that's why we will never run out of new projects, they will always exist  and now many new projects are introducing faster smart contract too, those who are going to take advantage are developers looking for easier platforms to build their projects, new projects will always come

[1l1l11ll1l]

New tokens will continue to emerge due to several aspects such as crypto trend and profit. For most projects, they don't create a project to solve a problem or come up with a solution, that's why a lot of projects with shitcoin come and go.

[mnporter2001]

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 think that will never happen.  Although there are many scam projects appearing, investing in new projects is still a common hobby of the crowd.  The majority of investors in the Crypto market are interested in risky projects with great returns. so it will be impossible to stop new startups. But besides that, the appearance of many projects also shows that the technology platform is more and more advanced.  That will create a huge incentive for the Altcoins to continue to upgrade their technology and platforms.

[Pithaxz]

I don't think it will end anytime soon, investors are still looking for new concepts, new projects and new ways to make money. including scamers always have ways to trick their victims, including through new crypto projects. and anyone needs to be careful before investing money in any project.

[Chuky92]

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?

Sometimes, i used to wonder what would have happened if there was no blockchain like Ethereum, maybe many scam projects won't be created at the same many innovative projects wouldn't have been created as well, maybe it can be seen as a two way thing. From a clear point of view, Ethereum blockchain did a very good job with its blockchain platform, in as much as many scam projects has been created, many good projects has been created as well, this means that, as investors or users, we are responsible for every investment decisions we make, which further means that, we are meant to understand the risks associated with crypto investing before taking a leap such that we won't blame anyone.
I used Ethereum blockchain as a case study, however the same scam projects can be found in other blockchains like Tron etc; hence confirming my earlier statement. Lastly, I do not think developers will stop creating projects, this is because, the blockchain space makes it easy for experts to bring in ideas as well as working on it, unlike in the outside world, but however due diligence should be taken at all times.