Post
Topic
Board Altcoin Discussion
Re: Do you trust ERC20 tokens?
by
feny.blackpink
on 25/08/2018, 16:25:36 UTC
Last year in early december I bought eBitcoin token which turned out to be a scam. Luckily for me I sold them before the ePRX snapshot but alot others have made losses. I really believed this token would be a succes but I've realized that alot of these ERC20 tokens have the same things in common. The devs (or better said scammers) create alot of hype and pretend their token to be the real deal while they never intended to create a working product. I've thought about investing in tokens like Credits and Elixir but I'm afraid they are all the same kind of scam.

Do you trust them?

It must be sad for you and the investors of eBitcoin. I thought it was a legit project ?
Anyway, the problem is not the ERC20 tokens, but the company of the token you bought.
There are many real project using ERC20 token, and they properly deliver their promises.