Quote from: Mpamaegbu on December 30, 2018, 08:39:37 AM

Quote from: MoonCrypt on December 23, 2018, 01:30:21 AM

Been Asking Myself must all Project create its own coin or is it a thing of pride this day to say I have my own coin

come to think of it some project finds it hard to be able to get there coin to any value because thousand of projects are coming up by the day people literally get confused on which to choose.

There is project out there already doing well with one thing still lacking real use of the coin in the real world daily activities that mean -
most coins are just traded as an asset!!

I think some project can just implement its solution and using the already existing cryptos as currencies by that way helping adoption.
the hassle of creating from the scratch to me is not all necessary for some project!!

if you looking at the mode of payment for your service you can simply accept already existing coin and go into a partnership with them
create a system to see that crypto have a healthy growth cycle not just having millions of project and at the end millions of dead project

better the whole system creates like a support system to retain its value for the long run... Long Live Crypto

what you all think

I have thought over this sad development too and each time I do what comes to mind is the proliferation of churches. Each priest breaking away to "stand" of their own so as to be in total control of the money that comes into the congregation (of course, the priests will deny this). It's the same way with the proliferation of cryptos. The devs want to be in control of funds, and in most cases there aren't even genuine cryptos getting established (as we have seen with most ICOs). They scam the investors and abscond with funds. This is pure greed the way I see it.

Well established statement!! everyone just going after having control but not concentrating on what matters for that project to become successful.
So most project suffers after fundraising TGE, Implementation becomes hard, those who can't fight it finds an exit plan.. there you Dead ICO was invented