Post
Topic
Board Altcoin Discussion
Re: What is the point of creating a cryptocurrency?
by
Qunenin
on 09/10/2017, 17:24:13 UTC
I am considering to create a cryptocurrency, however, let's say we do a successful airdrop and 10,000 people have our token. How do we build an infrastructure so they can use them? I don't understand what the point is when 99% of cryptos have zero purpose (including the most popular ones). For example, Litecoin is accepted almost no where. Why does anyone even want it?

There have always been legit reasons to do this, but they have rarely been used. Charity and donation collection, a coin that supports a specific cause is nice, but abused. Private organizations can use a coin, but that is barely touched. Specific assets for games and apps is touched a little, but hard to control the scams. The biggest reasons would be the implementation of new tech, new algos and new reward structures.