Post
Topic
Board Economics
Re: The Reason For Creating a New Cryptocurrency?
by
Wexnident
on 21/09/2018, 10:01:24 UTC
The growing development of cryptocurrency in the world becomes a very positive thing in this digital era where the use of blockchain-based technology becomes real. However, in my mind, being questionable is actually the reason that many people make and create a new crypto currency?
I think the reason is the potential of the digital market and so many are trying to innovate the use of cryptocurrencies. New cyptocurrency are made to have a specific use in the market or business that is why there are large number of ICO presenting their ideas to the market. In some worst cases, there are lots of scam ICO in which they will run the investors money.