Post
Topic
Board Altcoin Discussion
Re: Why are most new tokens Ethereum ICOs?
by
CryptoAllDay
on 05/09/2018, 06:56:50 UTC
Ethereum fortunately makes it very easy to create a smart contract and create your own coin.   I'm guessing this is why plenty of ICOs use this as a method to secure funds, because they can receive ETH (a fairly proven technology with good value) and have the contract automatically distribute their token to the customer.  It eliminates a lot of manual work.