Hey guys,
So has anyone else been seeing all these basic Ethereum tokens with a website being sold on auction websites all the time?
The developers are honestly just making a Ethereum token with basicly no actual function then creating a landing page for it then they just sell it to people in auction websites.
This ICO outbreak is going to continue to get worse at this rate.
C'mon, a people are buying this, they're giving their money to that scammers. It's not bad, it's market rules. If I were able to create a scam project and earn lot of money on silly people, I would do it. Won't you?
Well they are not scamming to be honest, that's not what I am talking about.
It's just flooding more and more coins in that are being used for useless ICO's.
If you want to do what they are doing just go get a ether smart contract then make your token, buy a domain name and a basic free website template with some basic info on it. Then sell it on a auction website for $600.