I miss utility coins.

[vs2014]

Coins that offer services that solve real problem, should get more attention instead of those coins that completely depend on hype. Eth, Solana and a few smart contract platforms support useful services, focused on utility and offers better technology in the whole crypto market than making profit.

Some shitcoins using AI tag to create hype among investors but it doesn't bring them successful. Although some AI project are working on solving real problems but we shouldn't choose a coin just because it has a good idea. Following old trusted coins with working products is better than new coins that make big promises without delivering anything useful.

[Stable090]

Coins that offer services that solve real problem, should get more attention instead of those coins that completely depend on hype.

People are not interested in coins that solves real problem, what people are after now are coins which is going to give them quick profits, and they are goings which depends on hype. Most people investing in altcoins now are just after quick profits, people are after coins which is going to pump massively, and they going to make huge amount of money, they not interested in coins which is going to grow gradually. The level which we are now, it’s just difficult to identify real project from all this pump and dump projects.

[Abiky]

Coins that offer services that solve real problem, should get more attention instead of those coins that completely depend on hype. Eth, Solana and a few smart contract platforms support useful services, focused on utility and offers better technology in the whole crypto market than making profit.

Some shitcoins using AI tag to create hype among investors but it doesn't bring them successful. Although some AI project are working on solving real problems but we shouldn't choose a coin just because it has a good idea. Following old trusted coins with working products is better than new coins that make big promises without delivering anything useful.

They should. But they won't. Why? Because the vast majority of retail investors only care about the profits. Even developers are in the same boat. Perhaps, everyone will start to take things seriously with "Wall Street" on board?

With serious, institutional investors, developers would be forced to focus on "quality" instead of "quantity". This means giving coins utility, instead of letting speculation be their destiny. For now, only old cryptos are useful. The rest are simply pure junk. You can agree to disagree, however.

[bangjoe]

Coins that offer services that solve real problem, should get more attention instead of those coins that completely depend on hype. Eth, Solana and a few smart contract platforms support useful services, focused on utility and offers better technology in the whole crypto market than making profit.

Some shitcoins using AI tag to create hype among investors but it doesn't bring them successful. Although some AI project are working on solving real problems but we shouldn't choose a coin just because it has a good idea. Following old trusted coins with working products is better than new coins that make big promises without delivering anything useful.

They should. But they won't. Why? Because the vast majority of retail investors only care about the profits. Even developers are in the same boat. Perhaps, everyone will start to take things seriously with "Wall Street" on board?

With serious, institutional investors, developers would be forced to focus on "quality" instead of "quantity". This means giving coins utility, instead of letting speculation be their destiny. For now, only old cryptos are useful. The rest are simply pure junk. You can agree to disagree, however.

The narrative is now moving quickly, tokens are popping up all the time, good projects are stalled because there are no enthusiasts, developers who only aim to build L1 or L2 are currently not very interesting regardless of utility if the innovations offered are not much different from the existing ones, this is where new projects that are popping up do not get much attention because we already have a chain that is much stronger fundamentally and also in terms of community or users.

The developers and retailers are looking for a niche market for profit in the short term, therefore casinos such as Pumfun, Stonk, Pons and others to be their playground, this also happens because the market speculation began to change where the bad retail and developers who see the niche exploit each other so that there is social trading and actually this was born from the main market that is not interesting, I do not say everything but what we notice is clearly the market situation for innovation is very poor in my opinion.

[zasad@]

Coins that offer services that solve real problem, should get more attention instead of those coins that completely depend on hype. Eth, Solana and a few smart contract platforms support useful services, focused on utility and offers better technology in the whole crypto market than making profit.

Some shitcoins using AI tag to create hype among investors but it doesn't bring them successful. Although some AI project are working on solving real problems but we shouldn't choose a coin just because it has a good idea. Following old trusted coins with working products is better than new coins that make big promises without delivering anything useful.

"BTC, ETH, SOL, XLM, XTZ, and XRP are classified as "digital commodities""
The problem with utility tokens is that they cannot be sold, and overly aggressive airdrops can also trigger regulatory risks. Yet, a project needs to attract investors to foster its development. Consequently, these tokens do not solve all the problems; rather, they only complicate the situation.

[Mpamaegbu]

The industry moves like a wave, at one time, something is trending, at another time, another whole thing is trending.

You're right. The industry has become like mathematics. Leave it for a day, it leaves you for a week. New things spring up on a daily basis

While other developers where looking for utility, a few built their coin around hype and numerical strength.

Even CZ Binance knows that, though it took him a while to come around that knowledge. There used to be a time Binance never tolerated tokens without utility on its platform. But today, it's a different story. Binance will list any project with hype. Where the noise is, that's where the money is as they say.

[Charles-Tim]

Even CZ Binance knows that, though it took him a while to come around that knowledge. There used to be a time Binance never tolerated tokens without utility on its platform. But today, it's a different story. Binance will list any project with hype. Where the noise is, that's where the money is as they say.

I do not think this is true or maybe it is me that did not notice. Since I have been using Binance in 2020, they can list any coin that is trendy, be it utility tokens or not utility tokens. I think Binance listing price was or is high which makes the coin find it late to be listed on Binance. If you have the money and have the trading volume required by Binance, they do not care about your project than to list it for you on their exchange.

[Mpamaegbu]

snipped

I do not think this is true or maybe it is me that did not notice. Since I have been using Binance in 2020...

I'm talking about pre–2020. I started using Binance about three months it was founded in 2017. It was the ICO days. You can ask those who were around and actively involved in this industry then.

[hyperminer]

where you could mine a coin and use it for a useful service

  I think the word "utility" got hijacked by the token crowd. For a coin you mine, utility was never a service bolted on top. It was that the chain kept working and your coins stayed spendable.

  The stuff that actually matters for an old PoW coin in 2026 is boring: does the difficulty recover when a big rig leaves (hourly or 2016-block retargets strand small chains for hours, per-block retargets
  don't); can anyone still build and run a node; and what happens to your coins when ECDSA goes. That last one is the real utility question nobody prices in. Any coin sitting in an address whose public key
  is already on-chain is a target the day a big enough quantum machine exists, and almost no small chain has a signature path for it.

  I maintain a 2014 scrypt chain, Blazecoin, and that's where all the work went: per-block retarget, ML-DSA addresses next to the normal ones, and a trace from any coin back to the block that mined it. No
  AI, no service, just a chain that still works and coins that will still be spendable. I'd call that utility before most of what's on the front page.

[Ojima-ojo]

Coins that offer services that solve real problem, should get more attention instead of those coins that completely depend on hype.

People are not interested in coins that solves real problem, what people are after now are coins which is going to give them quick profits, and they are goings which depends on hype. Most people investing in altcoins now are just after quick profits, people are after coins which is going to pump massively, and they going to make huge amount of money, they not interested in coins which is going to grow gradually. The level which we are now, it’s just difficult to identify real project from all this pump and dump projects.

Investors will always be on the side that yield them profits, so I am not surprised to read your thoughts on the shift from service orientation to profits minded when investors are considering coins that they want to hold for whatever reason.


Unless on special demand, they may not feel to need to go for utility coins because their are aware of easily options as alternative to use for utility when the need arise.

[Odogwu-Blockchain]

...

While other developers where looking for utility, a few built their coin around hype and numerical strength.

Even CZ Binance knows that, though it took him a while to come around that knowledge. There used to be a time Binance never tolerated tokens without utility on its platform. But today, it's a different story. Binance will list any project with hype. Where the noise is, that's where the money is as they say.

Yes, I stopped following up Binance tokens immediately I noticed that bullshit they started doing, at first, I thought it was the new appointed manager after CZ was behind it but the whole board members initiated it. Binance then usually list token ones or twice in a month and these coin must worth it, highly utilized and good enough to be promoted.

But now is a different case, lists token everyday, worthless projects without structure and utilities.

[Mpamaegbu]

Binance then usually list token ones or twice in a month and these coin must worth it, highly utilized and good enough to be promoted.

Glad to know that someone else also observed that. That was the era which made Binance exchange win the hearts of crypto lovers and traders. Its trust score grew overnight because of that. It knocked out many of its contemporaries and rivals with that. If Binance had started the way it's as of today, it wouldn't have had that effect. It would've been just another exchange.

[fullfitlarry]

The industry moves like a wave, at one time, something is trending, at another time, another whole thing is trending.

You're right. The industry has become like mathematics. Leave it for a day, it leaves you for a week. New things spring up on a daily basis

While other developers where looking for utility, a few built their coin around hype and numerical strength.

Even CZ Binance knows that, though it took him a while to come around that knowledge. There used to be a time Binance never tolerated tokens without utility on its platform. But today, it's a different story. Binance will list any project with hype. Where the noise is, that's where the money is as they say.

Yeah, good old days for Binance as they are really for the service of crypto. But something really change a lot specially on CZ and that's why he had this case before. I guess, it's greed and that's why Binance grow during that time.

But then again, when you really change for the worst then everything must come down. Just like what we have seen with billions of assets being hack from them. Binance should go back to where they really started and just list tokens or projects that has real life utilities.

[Mpamaegbu]

Yeah, good old days for Binance as they are really for the service of crypto. But something really change a lot specially on CZ and that's why he had this case before. I guess, it's greed and that's why Binance grow during that time.

Well, I won't call it greed. I see it as one understanding the time and season one's in. That was what Binance did then under the leadership of CZ. He's a shrewd businessman who understood what it meant to follow the noise and locate where the money's. It was a business decision he took to have a firm grip of the market. Every business is out to make profit. The ones not making profit will eventually close shop.

But then again, when you really change for the worst then everything must come down. Just like what we have seen with billions of assets being hack from them.

Except you're insinuating that CZ was involved in the hack, I don't see what that hack has got to do with the type of coins that are listed on Binance exchange.