Post
Topic
Board Altcoin Discussion
Re: why many ico launch with ETH ?
by
Samarkand
on 17/09/2017, 15:30:25 UTC
Many ICO launch payment gateway choice ETH. any other crypto coins why not use in ico payment gateway.

It is the easiest and most trusted. With erc-20 tokens it is simple to send and receive new kinds of coins that are built on the platform instantaneously using the smart contract.

I´d argue that it is easier to set up an asset on OMNI than on ETH as a complete newbie. The documentation is better and
you have the advantage of the time-tested Bitcoin technology, which is far superior in terms of security than the
flawed Ethereum. The reason why so many ICOs launch with ETH is probably the huge amount of dumb money
in the ETH space. Most long-term BTC holders have seen far too many scams in order to fall for one of the
many vaporware ICO scams.