Hey guys! I was just curious to know why most of the tokens I've been seeing have been on Ethereum. What are the benefits?
Because ethereum makes easier for developers to create their own coins, they do not have to create their own blockchain or to get people to mine their coin, they can just create their project above ethereum and they get all the benefits of the ethereum network without doing any kind of effort, that is the main reason of why you see that most tokens are built over ethereum.
There are now a lot of blockchain projects supporting ICO on their platform, however I find that most always choose ETH for the number of dapp support, quick and fast transactions, many ICO projects on Stellar , QTum, ... has gradually moved to ETH