Post
Topic
Board Altcoin Discussion
Re: Reality of tokens
by
lobat999
on 15/10/2019, 22:21:32 UTC
So regarding the fact that what it takes to create a token for example an ERC 20, i ahve found a gig on Fiverr.
Check the link.
https://www.fiverr.com/wedowo/create-your-ico-website-and-erc20-token?context_referrer=search_gigs&source=top-bar&ref_ctx_id=34a69322-cdbf-40a4-98e6-b9f51a1be52f&pckg_id=1&pos=3&context_type=auto&funnel=657f18cb-30b9-4ede-a7f7-139b402768ed

Seller is creating an ICO website as well as the token for just 50$. So your basic invetsment is 50$, Now you just need to do marketing by just making a telegram group and launching a scam bounty scheme and give members greed to give 10% commissions. And you are ready to scam people.
People choose these scammers to scam them and thats all. Not saying that all of the tokens are of this type but most of them are of indeed.

Just a quick thought! There are two possibilities that came to my mind about this developer. One is maybe he/she is a late bloomer in the ICO scene that is why he/she is charging a very low cost development fee which is ridiculous and in fact, I doubt if he/will get a 1k dollar income on more than 10 projects he/she will help setup or maybe be given a huge bonus if the scam ICO succeeds! Grin I think if only he had experienced the ICO boom of 2017 then he/she would be more likely could have charged more than 1,000 times per project!

The other one is that maybe he/she is also a scammer whose target could be scammers also. In anyway, these are shameless and blatant examples of greed and should be outright avoided! I also wonder why Fiverr didn't act accordingly and discourage those obvious freelancers doing services that help propagate and encourage more scams and scammers alike.

~snip~
oh really, if before icos come I don't think such services are needed. but well, its doesn't matter.
otherwise, i just think cryptosphere still have a lot of dummy people, hunger with free money, still promoting scam project, even though they know already that .

I was referring to the general crypto scene where cryptosphere has been targeted by scammers even before Ethereum became operational and ICO's became buzzword. Smiley