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
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.
there is a feeling that the fundraising is aimed at itself, rather than on some result / specific product
