Hello everyone, I have seen many failed projects recently. I have received many emails regarding investing on ICOs, so is it still a good time to invest? I didn't made good with my earlier investments. Is there still a future for ERC-20 tokens?
I personally still believe in the future of the ERC-20 token even though we often see many projects failing but we still believe that 1 in 10 projects must be successful, so we must keep trying and do our best.
Agree, of course not all projects based on ERC-20 are successful, very tight competition certainly makes many projects fail, and this applies to all ICOs, even we never see EOS-based or Waves-based tokens can success like ERC-20.
I think competition is just a secondary reason, many projects have relied on ERC-20 and failed recently, perhaps because the decline of bitcoin has a direct impact on these projects, the sudden drop in prices created a bad mentality for the investors and made them stop investing. But when this story ends, the project based on ERC-20 will gradually return, the future of ERC-20 projects is still very beautiful when eth still maintains its position and stability, as you say, it is difficult to find other platforms better than ERC-20