Post
Topic
Board Altcoin Discussion
Re: Why peoples launching more coins everyday ?
by
otandelapaz
on 24/01/2018, 21:58:18 UTC
Hello
i feel shame when asking this but i am really confused . i see here is approx 1400 coins in market but i want to ask if i launch my own coin how i will get profit ? how i will manage development and other expenses ?

for example Sathoshi made bitcoins but i am unable to figure out does stoshi getting reward from it or maybe earning ?

please explain in details if you know near me there is lot of expense



For profit. But there's nothing developing new coins, it's like putting up a new business. And it's better that way so people cannot monopolize it. The only way we can do about it is to make sure that new one is backed-up by a good team. For ICO as an example, you have to see if that project is feasible and useful. Make sure that that project will keep hold on its promises.